Sidoti Csr Issues Positive Outlook for Pitney Bowes Earnings

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 upped their FY2025 earnings estimates for Pitney Bowes in a research report issued to clients and investors on Monday, August 11th. Sidoti Csr analyst A. Lebiedzinski now forecasts 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.

Pitney Bowes (NYSE:PBI - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.27 earnings per share for the quarter, hitting 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 firm had revenue of $461.91 million for the quarter, compared to the consensus estimate of $475.92 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The business's revenue was down 5.7% on a year-over-year basis.

A number of other research firms have also weighed in on PBI. Wall Street Zen lowered shares of Pitney Bowes from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 15th. Sidoti raised shares of Pitney Bowes to a "hold" rating in a research note on Monday, May 5th.

Pitney Bowes Stock Performance

Shares of Pitney Bowes stock traded down $0.17 during trading hours on Wednesday, reaching $11.11. The company's stock had a trading volume of 2,386,909 shares, compared to its average volume of 2,635,219. Pitney Bowes has a one year low of $6.22 and a one year high of $13.11. The company has a market capitalization of $1.91 billion, a P/E ratio of -18.51, a P/E/G ratio of 0.58 and a beta of 1.54. The stock's fifty day simple moving average is $11.22 and its two-hundred day simple moving average is $9.99.

Pitney Bowes announced that its board has initiated a share repurchase program on Wednesday, July 30th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 18.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Pitney Bowes Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 8th. Investors of record on Monday, August 11th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, August 11th. This is an increase from Pitney Bowes's previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.9%. Pitney Bowes's payout ratio is -53.33%.

Insider Buying and Selling at Pitney Bowes

In related news, EVP Deborah Pfeiffer sold 35,000 shares of the firm's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $12.14, for a total transaction of $424,900.00. Following the transaction, the executive vice president directly owned 115,405 shares of the company's stock, valued at $1,401,016.70. This trade represents a 23.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Quantbot Technologies LP purchased a new stake in Pitney Bowes during the first quarter worth about $36,000. EverSource Wealth Advisors LLC increased its holdings in Pitney Bowes by 41.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company's stock worth $38,000 after buying an additional 1,015 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Pitney Bowes during the second quarter worth about $51,000. Canada Pension Plan Investment Board purchased a new stake in Pitney Bowes during the second quarter worth about $51,000. Finally, KBC Group NV purchased a new stake in Pitney Bowes during the first quarter worth about $65,000. 67.88% of the stock is owned by institutional investors.

Pitney Bowes Company Profile

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.