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

$4.55
+0.06 (+1.34 %)
(As of 09/17/2019 04:21 AM ET)
Today's Range
$4.20
Now: $4.55
$4.58
50-Day Range
$3.15
MA: $3.80
$4.56
52-Week Range
$3.14
Now: $4.55
$8.56
Volume3.87 million shs
Average Volume3.50 million shs
Market Capitalization$777.60 million
P/E Ratio3.92
Dividend Yield4.45%
Beta1.95
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$2.2637 per share
Book Value$1.27 per share

Profitability

Net Income$223.66 million

Miscellaneous

Employees13,300
Market Cap$777.60 million
Next Earnings Date11/7/2019 (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 announced a quarterly dividend on Tuesday, August 6th. Shareholders of record on Friday, August 23rd will be given a dividend of $0.05 per share on Wednesday, September 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date is Thursday, August 22nd. View Pitney Bowes' Dividend History.

How will Pitney Bowes' stock buyback program work?

Pitney Bowes announced that its Board of Directors has approved a share repurchase plan on Tuesday, February 5th 2019, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Pitney Bowes' earnings last quarter?

Pitney Bowes Inc. (NYSE:PBI) announced its earnings results on Tuesday, August, 6th. The technology company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.04. The technology company earned $860.78 million during the quarter, compared to analysts' expectations of $861.66 million. Pitney Bowes had a net margin of 4.07% and a return on equity of 113.87%. The business's quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.28 earnings per share. View Pitney Bowes' Earnings History.

When is Pitney Bowes' next earnings date?

Pitney Bowes is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Pitney Bowes.

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

Pitney Bowes updated its FY 2019 earnings guidance on Monday, August, 26th. The company provided earnings per share (EPS) guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.90. The company issued revenue guidance of $3.5576038-3.5928276 billion, compared to the consensus revenue estimate of $3.57 billion.

What price target have analysts set for PBI?

2 Wall Street analysts have issued twelve-month target prices for Pitney Bowes' stock. Their predictions range from $6.00 to $6.00. On average, they expect Pitney Bowes' stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 31.9% 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. According to Zacks Investment Research, "Pitney Bowes’ efforts to transform its business and optimize its new enterprise business platform to boost business prospects hold promise. Thriving global e-commerce business, particularly strength in parcel and shipping verticals are expected to favor the top line. Further, solid Presort Services business and robust adoption of new products in digital commerce bode well. Divestiture of its Software Solutions business is expected to reduce debt burden and improve product mix. However, weakness in mailing business and lower equipment sales remain concerns. Also, declining license revenues and tariff costs are likely to weigh on top line. Adverse changes in postal regulations across key markets and stiff competition are likely to negatively impact profitability. Notably, Pitney Bowes stock has underperformed the industry in the past year." (9/9/2019)
  • 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?

Media headlines about PBI stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog 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 media sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Pitney Bowes.

Are investors shorting Pitney Bowes?

Pitney Bowes saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 36,713,400 shares, an increase of 7.9% from the July 31st total of 34,022,800 shares. Based on an average daily trading volume, of 3,180,000 shares, the days-to-cover ratio is presently 11.5 days. Approximately 21.7% of the company's shares 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), Intel (INTC), QUALCOMM (QCOM), Micron Technology (MU), Ford Motor (F), Centurylink (CTL), CVS Health (CVS) and Cisco Systems (CSCO).

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 investors include BlackRock Inc. (15.57%), Vanguard Group Inc. (9.00%), Bank of New York Mellon Corp (3.47%), LSV Asset Management (3.13%), Northern Trust Corp (1.49%) and D. E. Shaw & Co. Inc. (1.24%). 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 Vanguard Group Inc., AQR Capital Management LLC, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc., Prudential Financial Inc., Northern Trust Corp, JPMorgan Chase & Co. and Man Group plc. 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 BlackRock Inc., BNP Paribas Arbitrage SA, State of New Jersey Common Pension Fund D, Connor Clark & Lunn Investment Management Ltd., Nuveen Asset Management LLC, Morgan Stanley, Capital Management Corp VA and Parametric Portfolio Associates LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Pitney Bowes' stock price today?

One share of PBI stock can currently be purchased for approximately $4.55.

How big of a company is Pitney Bowes?

Pitney Bowes has a market capitalization of $777.60 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:  206 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  542
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 9/17/2019 by MarketBeat.com Staff

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