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NYSE:PBI - Pitney Bowes Stock Price, Forecast & News

$4.86
-0.01 (-0.21 %)
(As of 12/10/2019 06:43 AM ET)
Today's Range
$4.82
Now: $4.86
$4.96
50-Day Range
$4.30
MA: $4.83
$5.32
52-Week Range
$3.14
Now: $4.86
$8.32
Volume2.65 million shs
Average Volume2.06 million shs
Market Capitalization$830.33 million
P/E Ratio4.19
Dividend Yield4.11%
Beta2
Pitney Bowes Inc offers customer information management, location intelligence, and customer engagement products and solutions in the United States and internationally. The company operates in three segments: Commerce Services; Small & Medium Business Solutions; and Software Solutions. The Commerce Services segment provides cross-border e-commerce solutions, domestic retail and e-commerce shipping solutions, fulfillment, and delivery and return services; and mail sortation services that allow clients to qualify large volumes of first class mail, marketing mail, and bound and packet mail for postal work sharing discounts. Read More…

Industry, Sector and Symbol

Industry Office machines, not elsewhere classified
Sub-IndustryOffice Services & Supplies
SectorComputer and Technology
CUSIP72447910
Phone203-356-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.52 billion
Cash Flow$2.23 per share
Book Value$1.27 per share

Profitability

Net Income$223.66 million

Miscellaneous

Employees13,300
Market Cap$830.33 million
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Pitney Bowes (NYSE:PBI) Frequently Asked Questions

What is Pitney Bowes' stock symbol?

Pitney Bowes trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBI."

How often does Pitney Bowes pay dividends? What is the dividend yield for Pitney Bowes?

Pitney Bowes declared a quarterly dividend on Friday, November 8th. Stockholders of record on Tuesday, November 19th will be given a dividend of $0.05 per share on Tuesday, December 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Monday, November 18th. View Pitney Bowes' Dividend History.

How will Pitney Bowes' stock buyback program work?

Pitney Bowes announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 5th 2019, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 7.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

How were Pitney Bowes' earnings last quarter?

Pitney Bowes Inc. (NYSE:PBI) issued its earnings results on Tuesday, November, 5th. The technology company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The technology company had revenue of $790.10 million for the quarter, compared to analysts' expectations of $768.46 million. Pitney Bowes had a return on equity of 167.93% and a net margin of 1.81%. Pitney Bowes's revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 EPS. View Pitney Bowes' Earnings History.

When is Pitney Bowes' next earnings date?

Pitney Bowes is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Pitney Bowes.

What guidance has Pitney Bowes issued on next quarter's earnings?

Pitney Bowes issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.69.

What price target have analysts set for PBI?

3 analysts have issued 1 year target prices for Pitney Bowes' shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate Pitney Bowes' stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for Pitney Bowes.

What is the consensus analysts' recommendation for Pitney Bowes?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pitney Bowes in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pitney Bowes.

What are Wall Street analysts saying about Pitney Bowes stock?

Here are some recent quotes from research analysts about Pitney Bowes stock:
  • 1. According to Zacks Investment Research, "Pitney Bowes’s third-quarter earnings beat the Zacks Consensus Estimate. However, the bottom line declined year over year. Nonetheless, revenues improved year over year on growth in Global Ecommerce and Presort Services. Strong performance of domestic parcel platform, increased volumes across Marketing Mail, First Class Mail, and Bound and Packet Mail, drove growth. Higher equipment sales and improvement in business services are positives.  Further, Pitney Bowes’ bottom-line guidance for 2019 holds promise. However, impact from market exits, lower revenues from supplies, support services and financing weighed on the top line. Furthermore, adverse changes in postal regulations across key markets and intensifying competition are likely to negatively impact profitability. Changing business mix is also likely to limit margin expansion." (11/20/2019)
  • 2. Maxim Group analysts commented, "In 1Q19 results due Wednesday May 1, pre-open, we forecast revenue of $867.1M, down 1.6% y/y and adjusted EPS of $0.21, down from $0.25 in prior year quarter but in-line with consensus and our estimate." (4/24/2019)

Has Pitney Bowes been receiving favorable news coverage?

News articles about PBI stock have trended somewhat negative on Tuesday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pitney Bowes earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Pitney Bowes.

Are investors shorting Pitney Bowes?

Pitney Bowes saw a drop in short interest in November. As of November 15th, there was short interest totalling 32,150,000 shares, a drop of 8.6% from the October 31st total of 35,190,000 shares. Based on an average trading volume of 2,790,000 shares, the short-interest ratio is currently 11.5 days. Currently, 19.0% of the company's stock are sold short. View Pitney Bowes' Current Options Chain.

Who are some of Pitney Bowes' key competitors?

What other stocks do shareholders of Pitney Bowes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pitney Bowes investors own include AT&T (T), General Electric (GE), Verizon Communications (VZ), QUALCOMM (QCOM), Intel (INTC), Micron Technology (MU), Ford Motor (F), Cisco Systems (CSCO), Pfizer (PFE) and Centurylink (CTL).

Who are Pitney Bowes' key executives?

Pitney Bowes' management team includes the folowing people:
  • Mr. Marc B. Lautenbach, Pres, CEO & Director (Age 58)
  • Mr. Stanley J. Sutula III, Exec. VP & CFO (Age 53)
  • Ms. Lila Snyder, Exec. VP & Pres of Commerce Services (Age 46)
  • Mr. Robert Guidotti, Exec. VP & Pres of Software Solutions (Age 61)
  • Mr. Jason Dies, Exec. VP & Pres of SMB Solutions (Age 49)

Who are Pitney Bowes' major shareholders?

Pitney Bowes' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (3.17%), Capital Management Corp VA (1.30%), Kornitzer Capital Management Inc. KS (0.83%), Lapides Asset Management LLC (0.83%), Rhumbline Advisers (0.32%) and California Public Employees Retirement System (0.26%). Company insiders that own Pitney Bowes stock include Jason Dies, Linda S Sanford, Marc Bradley Lautenbach, Robert M Dutkowsky and Stanley J Sutula III. View Institutional Ownership Trends for Pitney Bowes.

Which major investors are selling Pitney Bowes stock?

PBI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, First Trust Advisors LP, State Street Corp, Voya Investment Management LLC, Systematic Financial Management LP, Metropolitan Life Insurance Co NY, Commonwealth Equity Services LLC and Lapides Asset Management LLC. View Insider Buying and Selling for Pitney Bowes.

Which major investors are buying Pitney Bowes stock?

PBI stock was purchased by a variety of institutional investors in the last quarter, including Capital Management Corp VA, Russell Investments Group Ltd., Squarepoint Ops LLC, Alpine Woods Capital Investors LLC, Kornitzer Capital Management Inc. KS, Meeder Asset Management Inc., Parsec Financial Management Inc. and State of Alaska Department of Revenue. Company insiders that have bought Pitney Bowes stock in the last two years include Jason Dies, Linda S Sanford, Marc Bradley Lautenbach, Robert M Dutkowsky and Stanley J Sutula III. View Insider Buying and Selling for Pitney Bowes.

How do I buy shares of Pitney Bowes?

Shares of PBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Pitney Bowes' stock price today?

One share of PBI stock can currently be purchased for approximately $4.86.

How big of a company is Pitney Bowes?

Pitney Bowes has a market capitalization of $830.33 million and generates $3.52 billion in revenue each year. The technology company earns $223.66 million in net income (profit) each year or $1.16 on an earnings per share basis. Pitney Bowes employs 13,300 workers across the globe.View Additional Information About Pitney Bowes.

What is Pitney Bowes' official website?

The official website for Pitney Bowes is http://www.pitneybowes.com/.

How can I contact Pitney Bowes?

Pitney Bowes' mailing address is 3001 SUMMER STREET, STAMFORD CT, 06926. The technology company can be reached via phone at 203-356-5000 or via email at [email protected]


MarketBeat Community Rating for Pitney Bowes (NYSE PBI)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  357 (Vote Underperform)
Total Votes:  581
MarketBeat's community ratings are surveys of what our community members think about Pitney Bowes and other stocks. Vote "Outperform" if you believe PBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2019 by MarketBeat.com Staff

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