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NYSE:PBI

Pitney Bowes Stock Forecast, Price & News

$5.68
-0.04 (-0.70 %)
(As of 12/3/2020 12:00 AM ET)
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Today's Range
$5.68
Now: $5.68
$5.83
50-Day Range
$5.14
MA: $6.15
$7.61
52-Week Range
$1.67
Now: $5.68
$7.70
Volume1.78 million shs
Average Volume2.94 million shs
Market Capitalization$983.26 million
P/E RatioN/A
Dividend Yield3.50%
Beta3
Pitney Bowes Inc., a technology company, provides commerce solutions in the United States and internationally. The company operates through Global Ecommerce, Presort Services and SendTech Solutions segments. The Global Ecommerce segment provides products and services for domestic retail and e-commerce shipping solutions, including fulfillment and returns, and cross-border e-commerce transactions. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides sending technology solutions for physical and digital mailing, shipping, supplies, and other applications for sending, tracking, and receiving of letters and packages. Pitney Bowes Inc. markets its products, solutions, and services direct and inside salesforce, global and regional partner channels, direct mailings, and Web-based offerings. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.
Pitney Bowes logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.06 out of 5 stars


Industry, Sector and Symbol

Industry Office machines, not elsewhere classified
Sub-IndustryOffice Services & Supplies
CUSIP72447910
Phone203-356-5000
Employees11,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.21 billion
Cash Flow$1.44 per share
Book Value$1.67 per share

Profitability

Net Income$194.61 million

Miscellaneous

Market Cap$983.26 million
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$5.68
-0.04 (-0.70 %)
(As of 12/3/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Pitney Bowes (NYSE:PBI) Frequently Asked Questions

How has Pitney Bowes' stock price been impacted by Coronavirus (COVID-19)?

Pitney Bowes' stock was trading at $2.57 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PBI shares have increased by 121.0% and is now trading at $5.68.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Pitney Bowes?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pitney Bowes in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Pitney Bowes
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Pitney Bowes?

Wall Street analysts have given Pitney Bowes a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pitney Bowes wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Pitney Bowes' next earnings date?

Pitney Bowes is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Pitney Bowes
.

How were Pitney Bowes' earnings last quarter?

Pitney Bowes Inc. (NYSE:PBI) posted its earnings results on Wednesday, November, 4th. The technology company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.03. The technology company earned $891.90 million during the quarter, compared to the consensus estimate of $851.56 million. Pitney Bowes had a negative net margin of 1.17% and a positive return on equity of 84.50%. Pitney Bowes's revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.24 earnings per share.
View Pitney Bowes' earnings history
.

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

Pitney Bowes announced a quarterly dividend on Friday, November 6th. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.05 per share on Tuesday, December 8th. This represents a $0.20 annualized dividend and a yield of 3.52%. The ex-dividend date is Monday, November 16th.
View Pitney Bowes' dividend history
.

How will Pitney Bowes' stock buyback program work?

Pitney Bowes announced that its board has initiated a share buyback program on Tuesday, February 5th 2019, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

What price target have analysts set for PBI?

1 brokers have issued 12 month price targets for Pitney Bowes' shares. Their forecasts range from $6.00 to $6.00. On average, they expect Pitney Bowes' stock price to reach $6.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
View analysts' price targets for Pitney Bowes
.

Are investors shorting Pitney Bowes?

Pitney Bowes saw a drop in short interest in October. As of October 30th, there was short interest totaling 14,360,000 shares, a drop of 21.7% from the October 15th total of 18,330,000 shares. Based on an average daily volume of 2,660,000 shares, the short-interest ratio is currently 5.4 days. Approximately 8.5% of the company's stock are short sold.
View Pitney Bowes' Short Interest
.

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), Ford Motor (F), QUALCOMM (QCOM), Pfizer (PFE), Cisco Systems (CSCO), NVIDIA (NVDA), Verizon Communications (VZ), AbbVie (ABBV) and Alibaba Group (BABA).

Who are Pitney Bowes' key executives?

Pitney Bowes' management team includes the following people:
  • Mr. Marc B. Lautenbach, Pres, CEO & Director (Age 59, Pay $2M)
  • Mr. Daniel J. Goldstein, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 58, Pay $876.99k)
  • Mr. Jason C. Dies, Exec. VP & Pres of Sending Technology Solutions (Age 50, Pay $1.06M)
  • Mr. Joseph Ronald Catapano Cpa, Interim CFO & Chief Accounting Officer
  • Mr. Adam David, VP of Investor Relations
  • Mr. William L. Hughes, Chief Communications Officer (Age 60)
  • Mr. William A. Borrelle, Sr. VP & Chief Marketing Officer
  • Ms. Johnna G. Torsone, Exec. VP & Chief HR Officer (Age 69)
  • Dr. Christoph Stehmann, Exec. VP of International - Sending Technology Solutions (Age 57)
  • Mr. Joseph Schmitt, Sr. VP of Enterprise Information Technology & Operations

What is Pitney Bowes' stock symbol?

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

Who are Pitney Bowes' major shareholders?

Pitney Bowes' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.56%), Miller Value Partners LLC (4.23%), State Street Corp (3.77%), LSV Asset Management (1.61%), Paradigm Capital Management Inc. NY (1.30%) and Arrowstreet Capital Limited Partnership (1.27%). Company insiders that own Pitney Bowes stock include Jason Dies, Linda S Sanford, 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 Victory Capital Management Inc., LSV Asset Management, New York State Common Retirement Fund, Paradigm Capital Management Inc. NY, BNP Paribas Arbitrage SA, Capital Management Corp VA, Morgan Stanley, and BlackRock Inc..
View insider buying and selling activity 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 Miller Value Partners LLC, Anqa Management LLC, Voss Capital LLC, Cubist Systematic Strategies LLC, Royce & Associates LP, Rock Creek Group LP, Mackay Shields LLC, and Trexquant Investment LP. Company insiders that have bought Pitney Bowes stock in the last two years include Jason Dies, Linda S Sanford, Robert M Dutkowsky, and Stanley J Sutula III.
View insider buying and selling activity 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 $5.68.

How big of a company is Pitney Bowes?

Pitney Bowes has a market capitalization of $983.26 million and generates $3.21 billion in revenue each year. The technology company earns $194.61 million in net income (profit) each year or $0.68 on an earnings per share basis. Pitney Bowes employs 11,000 workers across the globe.

What is Pitney Bowes' official website?

The official website for Pitney Bowes is 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]

This page was last updated on 12/4/2020 by MarketBeat.com Staff

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