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

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$6.34 -0.42 (-6.21 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$6.34
Today's Range$6.31 - $6.74
52-Week Range$5.51 - $11.99
Volume3.33 million shs
Average Volume3.92 million shs
Market Capitalization$1.18 billion
P/E Ratio5.47
Dividend Yield3.15%
Beta1.47
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. The company also provides revolving credit and interest-bearing deposit solutions. Pitney Bowes Inc. markets its products through sales force, partner channels, direct mailings, and Web and partner channels. 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$2.2324 per share
Book Value$1.27 per share

Profitability

Net Income$223.66 million

Miscellaneous

Employees13,300
Market Cap$1.18 billion
Next Earnings Date5/1/2019 (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 announced a quarterly dividend on Tuesday, February 5th. Stockholders of record on Friday, February 15th will be given a dividend of $0.05 per share on Monday, March 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, February 14th. View Pitney Bowes' Dividend History.

How will Pitney Bowes' stock buyback program work?

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

How were Pitney Bowes' earnings last quarter?

Pitney Bowes Inc. (NYSE:PBI) issued its earnings results on Tuesday, February, 5th. The technology company reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. The technology company had revenue of $947.10 million for the quarter, compared to analyst estimates of $932.48 million. Pitney Bowes had a net margin of 6.17% and a return on equity of 100.78%. The company's revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 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, May 1st 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 Tuesday, February, 5th. The company provided earnings per share guidance of $1.05-1.20 for the period, compared to the Thomson Reuters consensus estimate of $1.24. Pitney Bowes also updated its FY 2019 guidance to $1.05-1.20 EPS.

What price target have analysts set for PBI?

3 equities research analysts have issued 12 month target prices for Pitney Bowes' shares. Their forecasts range from $10.00 to $12.00. On average, they expect Pitney Bowes' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 73.5% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pitney Bowes.

Has Pitney Bowes been receiving favorable news coverage?

News stories about PBI stock have trended neutral this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Pitney Bowes earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting Pitney Bowes?

Pitney Bowes saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 22,118,239 shares, an increase of 15.0% from the January 31st total of 19,235,492 shares. Based on an average daily trading volume, of 4,946,834 shares, the days-to-cover ratio is currently 4.5 days. Currently, 11.9% 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), QUALCOMM (QCOM), Alibaba Group (BABA), Ford Motor (F), Centurylink (CTL), NVIDIA (NVDA), Micron Technology (MU), Verizon Communications (VZ) and AbbVie (ABBV).

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)
  • Mr. Roger J. Pilc, Exec. VP & Chief Innovative Officer (Age 51)
  • Mr. Joseph Ronald Catapano Cpa, VP & Chief Accounting Officer
  • Mr. Joseph Schmitt, Chief Information Officer & VP

Who are Pitney Bowes' major shareholders?

Pitney Bowes' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.44%), Bank of New York Mellon Corp (3.79%), LSV Asset Management (3.00%), Northern Trust Corp (1.56%), Dimensional Fund Advisors LP (1.55%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own Pitney Bowes stock include Linda S Sanford, Marc Bradley Lautenbach and Stanley J Sutula III. View Institutional Ownership Trends for Pitney Bowes.

Which institutional investors are selling Pitney Bowes stock?

PBI stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Prudential PLC, Kornitzer Capital Management Inc. KS, Quinn Opportunity Partners LLC, Squarepoint Ops LLC, Two Sigma Advisers LP, Los Angeles Capital Management & Equity Research Inc. and First Trust Advisors LP. View Insider Buying and Selling for Pitney Bowes.

Which institutional investors are buying Pitney Bowes stock?

PBI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Bank of New York Mellon Corp, Prudential Financial Inc., Restructuring Capital Associates LP, Geode Capital Management LLC, Geode Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd and Alambic Investment Management L.P.. Company insiders that have bought Pitney Bowes stock in the last two years include Linda S Sanford, Marc Bradley Lautenbach 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 $6.34.

How big of a company is Pitney Bowes?

Pitney Bowes has a market capitalization of $1.18 billion 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:  184 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  491
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 3/24/2019 by MarketBeat.com Staff

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