FY2025 EPS Estimates for Pitney Bowes Raised by Sidoti Csr

Key Points

• Sidoti Csr has raised its FY2025 EPS estimate for Pitney Bowes to $1.30, reflecting an increase from the prior forecast of $1.29, while the consensus estimate stands at $1.21.
• Pitney Bowes has announced a quarterly dividend increase to $0.08 per share, representing a 2.8% dividend yield and marking an increase from the previous dividend of $0.07.
• The company has initiated a $400 million share buyback program, indicating confidence from leadership that the company’s stock is undervalued.

Pitney Bowes Inc. (NYSE:PBI - Free Report) - Investment analysts at Sidoti Csr boosted their FY2025 EPS estimates for shares of Pitney Bowes in a research note issued on Monday, August 11th. Sidoti Csr analyst A. Lebiedzinski now expects that the technology company will earn $1.30 per share for the year, up from their previous forecast of $1.29. The consensus estimate for Pitney Bowes' current full-year earnings is $1.21 per share. Sidoti Csr also issued estimates for Pitney Bowes' Q1 2026 earnings at $0.35 EPS, Q4 2026 earnings at $0.40 EPS and FY2026 earnings at $1.36 EPS.

PBI has been the subject of several other research reports. Wall Street Zen cut shares of Pitney Bowes from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 15th. Sidoti upgraded shares of Pitney Bowes to a "hold" rating in a report on Monday, May 5th.

Pitney Bowes Price Performance

Pitney Bowes stock opened at $11.56 on Wednesday. The firm has a 50 day simple moving average of $11.16 and a 200-day simple moving average of $9.93. Pitney Bowes has a 1-year low of $6.22 and a 1-year high of $13.11. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of -19.27, a price-to-earnings-growth ratio of 0.57 and a beta of 1.54.

Pitney Bowes (NYSE:PBI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Pitney Bowes had a negative net margin of 5.60% and a negative return on equity of 38.01%. The business had revenue of $461.91 million during the quarter, compared to analysts' expectations of $475.92 million. During the same quarter in the prior year, the company posted $0.03 EPS. The business's revenue for the quarter was down 5.7% on a year-over-year basis.

Hedge Funds Weigh In On Pitney Bowes

Several large investors have recently made changes to their positions in the stock. New York State Teachers Retirement System lifted its holdings in Pitney Bowes by 0.5% during the 2nd quarter. New York State Teachers Retirement System now owns 257,827 shares of the technology company's stock worth $2,813,000 after buying an additional 1,246 shares in the last quarter. PFG Investments LLC lifted its holdings in Pitney Bowes by 14.6% during the 1st quarter. PFG Investments LLC now owns 12,884 shares of the technology company's stock worth $117,000 after buying an additional 1,644 shares in the last quarter. ProShare Advisors LLC lifted its holdings in Pitney Bowes by 5.1% during the 2nd quarter. ProShare Advisors LLC now owns 40,506 shares of the technology company's stock worth $442,000 after buying an additional 1,974 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Pitney Bowes by 16.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 15,896 shares of the technology company's stock worth $182,000 after buying an additional 2,194 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Pitney Bowes by 7.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 40,485 shares of the technology company's stock worth $442,000 after buying an additional 2,655 shares in the last quarter. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Pitney Bowes

In other news, EVP Deborah Pfeiffer sold 35,000 shares of the company's stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $12.14, for a total value of $424,900.00. Following the transaction, the executive vice president directly owned 115,405 shares in the company, valued at approximately $1,401,016.70. This represents a 23.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 9.00% of the company's stock.

Pitney Bowes Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 8th. Stockholders of record on Monday, August 11th will be issued a $0.08 dividend. The ex-dividend date is Monday, August 11th. This represents a $0.32 annualized dividend and a dividend yield of 2.8%. This is an increase from Pitney Bowes's previous quarterly dividend of $0.07. Pitney Bowes's dividend payout ratio (DPR) is currently -53.33%.

Pitney Bowes announced that its board has initiated a share buyback program on Wednesday, July 30th that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 18.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

About Pitney Bowes

Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.

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