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

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$4.63 +0.08 (+1.76 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$4.55
Today's Range$4.51 - $4.64
52-Week Range$4.46 - $9.71
Volume1.61 million shs
Average Volume3.73 million shs
Market Capitalization$836.76 million
P/E Ratio3.99
Dividend Yield4.40%
Beta1.46
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. The Small & Medium Business Solutions segment offers mailing and shipping solutions, financing, services, and supplies for small and medium businesses to create mail and evidence postage, as well as for sending, tracking, and receiving of letters, parcels, and flats. The Software Solutions segment provides customer engagement, customer information, and location intelligence software, as well as data solutions and related support services. Pitney Bowes Inc. also provides revolving credit and interest-bearing deposit solutions. The company markets its products through sales force, partner channels, direct mailings, and Web and partner channels. Pitney Bowes Inc. has a strategic partnership with Shyplite to develop a multicarrier shipping platform for small businesses that simplifies office shipping; and has collaboration with Accenture plc. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

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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$2.1239 per share
Book Value$0.48 per share

Profitability

Net Income$223.66 million

Miscellaneous

Employees13,300
Market Cap$836.76 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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 Monday, May 6th. Stockholders of record on Friday, May 24th will be paid a dividend of $0.05 per share on Monday, June 10th. This represents a $0.20 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend is Thursday, May 23rd. 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 buyback plan on Tuesday, February 5th 2019, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Pitney Bowes' earnings last quarter?

Pitney Bowes Inc. (NYSE:PBI) posted its quarterly earnings data on Wednesday, May, 1st. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.09. The technology company had revenue of $868.40 million for the quarter, compared to analyst estimates of $866.04 million. Pitney Bowes had a return on equity of 99.26% and a net margin of 4.77%. The company's revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 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 Wednesday, August 7th 2019. 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 Wednesday, May, 1st. The company provided EPS guidance of $0.90-1.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.11.

What price target have analysts set for PBI?

2 brokers have issued twelve-month price targets for Pitney Bowes' shares. Their forecasts range from $11.00 to $11.00. On average, they anticipate Pitney Bowes' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 137.6% from the stock's current price. View Analyst Price Targets for Pitney Bowes.

What is the consensus analysts' recommendation for Pitney Bowes?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pitney Bowes in the last year. There are currently 1 hold rating and 1 buy rating 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. 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)
  • 2. According to Zacks Investment Research, "Pitney Bowes is one of the largest providers of mail processing equipment and integrated mail solutions across the world. Pitney Bowes’ efforts to transform its business and optimize its new enterprise business platform to boost profitability hold promise. This apart, the thriving global ecommerce business and new product launches are anticipated to bolster the top line. Pitney Bowes has positive record of earnings surprises in the trailing four quarters. Nevertheless, as the company continues to transform its portfolio and make necessary investments to boost sales, it expects pressure on margins at least in the near term. Changing business mix is also likely to impact the bottom line adversely. Moreover, adverse changes in postal regulations across key markets and intensifying competition may also negatively impact profitability." (4/10/2019)

Has Pitney Bowes been receiving favorable news coverage?

News headlines about PBI stock have trended positive on Friday, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pitney Bowes earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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), QUALCOMM (QCOM), Verizon Communications (VZ), Ford Motor (F), Alibaba Group (BABA), Centurylink (CTL), Intel (INTC), Micron Technology (MU) and NVIDIA (NVDA).

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.78%), LSV Asset Management (3.04%), Dimensional Fund Advisors LP (1.80%), Northern Trust Corp (1.70%), Geode Capital Management LLC (1.49%) and Advisors Asset Management Inc. (1.25%). Company insiders that own Pitney Bowes stock include Jason Dies, 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 BlackRock Inc., State of New Jersey Common Pension Fund D, Voya Investment Management LLC, AQR Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Alambic Investment Management L.P., Morgan Stanley and Ellington Management Group 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, Renaissance Technologies LLC, Spark Investment Management LLC, Goldman Sachs Group Inc., Paradigm Capital Management Inc. NY, Assenagon Asset Management S.A., Connor Clark & Lunn Investment Management Ltd. and Dimensional Fund Advisors LP. Company insiders that have bought Pitney Bowes stock in the last two years include Jason Dies, 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, Scottrade, Fidelity and Charles Schwab.

What is Pitney Bowes' stock price today?

One share of PBI stock can currently be purchased for approximately $4.63.

How big of a company is Pitney Bowes?

Pitney Bowes has a market capitalization of $836.76 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.

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:  189 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  502
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 5/25/2019 by MarketBeat.com Staff

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