FY2025 EPS Estimate for Pitney Bowes Increased by Analyst

Pitney Bowes Inc. (NYSE:PBI - Free Report) - Stock analysts at Sidoti Csr upped their FY2025 EPS estimates for Pitney Bowes in a research report issued to clients and investors on Thursday, May 8th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will earn $1.25 per share for the year, up from their previous forecast of $1.21. The consensus estimate for Pitney Bowes' current full-year earnings is $1.21 per share. Sidoti Csr also issued estimates for Pitney Bowes' Q4 2025 earnings at $0.34 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.29 EPS and FY2026 earnings at $1.34 EPS.

Several other brokerages have also recently issued reports on PBI. Sidoti raised shares of Pitney Bowes to a "hold" rating in a research note on Monday, May 5th. StockNews.com raised shares of Pitney Bowes from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, May 7th.

Pitney Bowes Price Performance

PBI stock traded up $0.12 during midday trading on Monday, hitting $9.58. The stock had a trading volume of 1,633,202 shares, compared to its average volume of 2,091,771. The firm has a market cap of $1.75 billion, a PE ratio of -8.55, a price-to-earnings-growth ratio of 0.59 and a beta of 1.47. Pitney Bowes has a 12-month low of $4.62 and a 12-month high of $11.01. The company's 50-day moving average price is $8.81 and its 200 day moving average price is $8.43.

Pitney Bowes (NYSE:PBI - Get Free Report) last issued its earnings results on Wednesday, May 7th. The technology company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.05. Pitney Bowes had a negative net margin of 7.71% and a negative return on equity of 20.95%. The company had revenue of $493.42 million during the quarter, compared to analysts' expectations of $498.99 million. During the same period last year, the company posted ($0.01) earnings per share. The firm's quarterly revenue was down 5.3% compared to the same quarter last year.

Pitney Bowes Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Monday, May 19th will be given a $0.07 dividend. This is a boost from Pitney Bowes's previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date is Monday, May 19th. Pitney Bowes's dividend payout ratio is presently -30.77%.

Insider Activity

In related news, EVP James Arthur Fairweather sold 130,000 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $10.83, for a total transaction of $1,407,900.00. Following the sale, the executive vice president now owns 176,145 shares in the company, valued at $1,907,650.35. This represents a 42.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kurt James Wolf sold 1,250,000 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $9.66, for a total transaction of $12,075,000.00. Following the sale, the director now owns 622,250 shares in the company, valued at approximately $6,010,935. This trade represents a 66.76% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,941,529 shares of company stock worth $19,517,109. 9.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Pitney Bowes

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Pitney Bowes by 0.7% during the first quarter. Vanguard Group Inc. now owns 21,313,865 shares of the technology company's stock worth $192,890,000 after acquiring an additional 151,353 shares during the period. Hestia Capital Management LLC acquired a new stake in shares of Pitney Bowes in the fourth quarter valued at approximately $114,326,000. Invesco Ltd. increased its stake in shares of Pitney Bowes by 38.9% in the first quarter. Invesco Ltd. now owns 2,918,742 shares of the technology company's stock valued at $26,415,000 after purchasing an additional 817,953 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Pitney Bowes by 47.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,814,811 shares of the technology company's stock valued at $13,139,000 after purchasing an additional 586,249 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Pitney Bowes by 103.0% in the fourth quarter. Millennium Management LLC now owns 1,269,207 shares of the technology company's stock valued at $9,189,000 after purchasing an additional 644,002 shares during the period. Institutional investors and hedge funds own 67.88% of the company's stock.

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.