Postal Realty Trust Sets 2026 AFFO Guidance of $1.39–$1.41 and Expands Credit to $555M
Postal Realty acquired 65 USPS properties for $29.1 million in Q4 and achieved $11.1 million in AFFO of $0.33 per share, boosting full-year rental income 27.6% with 216 acquisitions totaling $123.1 million. The company set 2026 AFFO guidance of $1.39–$1.41 per share and expanded credit facilities to $555 million.
1. Q4 and Full Year 2025 Results
Postal Realty Trust acquired 65 USPS properties for approximately $29.1 million in Q4, delivering net income of $4.6 million and AFFO of $11.1 million, or $0.33 per diluted share. For full-year 2025, the REIT acquired 216 properties for $123.1 million, grew rental income by 27.6%, and generated FFO of $42.4 million and AFFO of $42.1 million.
2. 2026 Guidance and Dividend
The company issued initial 2026 AFFO guidance of $1.39 to $1.41 per diluted share and plans $115 million to $125 million in property acquisitions. It also raised the quarterly dividend 1.0% to $0.2450 per share, reflecting confidence in cash flow and portfolio durability.
3. Credit Facilities and Equity Raising
Postal Realty expanded its unsecured credit facilities by $115 million to $555 million, extended revolver maturity to November 2029 and term loan to January 2030, and maintained $111 million undrawn on its $150 million revolver. Subsequent ATM equity sales generated $44.2 million in gross proceeds, with forward sales agreements adding $35.6 million.
4. Portfolio Performance and Occupancy
The REIT’s portfolio is 99.8% occupied, comprising 1,917 USPS-leased properties totaling approximately 7.1 million square feet across 49 states and one territory. The weighted average rental rate was $11.88 per square foot, including $14.09 on last-mile/flex properties and $4.23 on industrial facilities.