NYSE:PBIPitney Bowes Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Pitney Bowes Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.37 -0.18 (-7.06 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$2.36Now: $2.37▼$2.5450-Day Range$2.00MA: $2.44▼$3.5352-Week Range$1.67Now: $2.37▼$5.50Volume1.82 million shsAverage Volume2.92 million shsMarket Capitalization$409.13 millionP/E RatioN/ADividend Yield7.84%Beta2.69 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingPitney Bowes has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Pitney Bowes has a potential upside of 153.2% from its current price of $2.37.Amount of Analyst CoveragePitney Bowes has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesPitney Bowes has received 242 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPitney Bowes has received 391 “underperform” votes. (Add your “underperform” vote.)Community SentimentPitney Bowes has received 61.77% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipPitney Bowes is a leading dividend payer. It pays a dividend yield of 7.84%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPitney Bowes does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Pitney Bowes is 29.41 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Pitney Bowes will have a dividend payout ratio of 50.00 % next year. This indicates that Pitney Bowes will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pitney Bowes insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,120.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.60% of the stock of Pitney Bowes is held by insiders.Percentage Held by Institutions77.43% of the stock of Pitney Bowes is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Pitney Bowes are expected to grow by 73.91% in the coming year, from $0.23 to $0.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pitney Bowes is -29.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Pitney Bowes is -29.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPitney Bowes has a P/B Ratio of 13.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.87 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Office machines, not elsewhere classified Sub-IndustryOffice Services & Supplies SectorComputer and Technology Current SymbolNYSE:PBI Previous Symbol CUSIP72447910 CIK78814 Webwww.pitneybowes.com Phone203-356-5000Debt Debt-to-Equity Ratio93.04 Current Ratio1.30 Quick Ratio1.25Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio10.30 P/E GrowthN/A Sales & Book Value Annual Sales$3.21 billion Price / Sales0.13 Cash Flow$1.43 per share Price / Cash Flow1.66 Book Value$0.17 per share Price / Book13.94Profitability EPS (Most Recent Fiscal Year)$0.68 Net Income$194.61 million Net Margins-0.34% Return on Equity113.85% Return on Assets2.07%Miscellaneous Employees11,000 Outstanding Shares172,627,000Market Cap$409.13 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable PBI Rates by TradingView Receive PBI News and Ratings via Email Sign-up to receive the latest news and ratings for PBI and its competitors with MarketBeat's FREE daily newsletter. Pitney Bowes (NYSE:PBI) Frequently Asked Questions How has Pitney Bowes' stock been impacted by COVID-19 (Coronavirus)? Pitney Bowes' stock was trading at $2.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PBI stock has decreased by 7.8% and is now trading at $2.37. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Pitney Bowes' next earnings date? Pitney Bowes is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Pitney Bowes. How were Pitney Bowes' earnings last quarter? Pitney Bowes Inc. (NYSE:PBI) released its quarterly earnings data on Monday, May, 4th. The technology company reported $0.05 EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.03. The technology company earned $796.30 million during the quarter, compared to analyst estimates of $766.85 million. Pitney Bowes had a positive return on equity of 113.85% and a negative net margin of 0.34%. The business's quarterly revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.11 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 declared a quarterly dividend on Monday, May 4th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.05 per share on Monday, June 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.44%. The ex-dividend date of this dividend is Thursday, May 21st. View Pitney Bowes' dividend history. How will Pitney Bowes' stock buyback program work? Pitney Bowes announced that its board has authorized a share buyback program on Tuesday, February 5th 2019, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 7.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued. What price target have analysts set for PBI? 2 brokerages have issued twelve-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 twelve months. This suggests a possible upside of 153.2% from the stock's current price. View analysts' price targets for Pitney Bowes. Has Pitney Bowes been receiving favorable news coverage? Press coverage about PBI stock has been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news 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 negative five to five, with scores closest to five being the most favorable. Pitney Bowes earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutPitney Bowes. Are investors shorting Pitney Bowes? Pitney Bowes saw a decrease in short interest in May. As of May 15th, there was short interest totaling 30,540,000 shares, a decrease of 9.1% from the April 30th total of 33,590,000 shares. Based on an average daily volume of 3,200,000 shares, the days-to-cover ratio is presently 9.5 days. Approximately 17.8% of the shares of the stock are sold short. View Pitney Bowes' Current Options Chain. Who are some of Pitney Bowes' key competitors? Some companies that are related to Pitney Bowes include Avery Dennison (AVY), MSA Safety (MSA), Herman Miller (MLHR), Steelcase (SCS), HNI (HNI), Knoll (KNL), ACCO Brands (ACCO), Interface (TILE), Kimball International (KBAL), CompX International (CIX), NL Industries (NL) and ARC Document Solutions (ARC). View all 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 General Electric (GE), AT&T (T), Ford Motor (F), Verizon Communications (VZ), Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), NVIDIA (NVDA), Pfizer (PFE) and AbbVie (ABBV). Who are Pitney Bowes' key executives? Pitney Bowes' management team includes the following 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) 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. (14.78%), State Street Corp (3.78%), Bank of New York Mellon Corp (1.87%), Capital Management Corp VA (1.52%), Geode Capital Management LLC (1.39%) and Clifford Capital Partners LLC (1.16%). 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 Levin Capital Strategies L.P., Public Sector Pension Investment Board, Kornitzer Capital Management Inc. KS, Morgan Stanley, Spark Investment Management LLC, SG Americas Securities LLC, Bank of New York Mellon Corp, and Two Sigma Investments LP. View insider buying and selling activity for Pitney Bowes. Which major investors are buying Pitney Bowes stock? PBI stock was acquired by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, State Street Corp, Clifford Capital Partners LLC, Capital Management Corp VA, Westside Investment Management Inc., New York State Common Retirement Fund, BlackRock Inc., and Personal Resources Investment & Strategic Management Inc.. 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 $2.37. How big of a company is Pitney Bowes? Pitney Bowes has a market capitalization of $409.13 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 5/30/2020 by MarketBeat.com Staff
