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

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

Pitney Bowes announced a quarterly dividend on Friday, November 8th. Investors of record on Tuesday, November 19th will be given a dividend of $0.05 per share on Tuesday, December 10th. This represents a $0.20 annualized dividend and a yield of 4.91%. The ex-dividend date is Monday, November 18th. View Pitney Bowes' Dividend History.

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

Pitney Bowes Inc. (NYSE:PBI) released its quarterly earnings results on Tuesday, November, 5th. The technology company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. The technology company had revenue of $790.10 million for the quarter, compared to the consensus estimate of $768.46 million. Pitney Bowes had a return on equity of 167.93% and a net margin of 1.81%. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 EPS. View Pitney Bowes' Earnings History.

Pitney Bowes is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Pitney Bowes.

Pitney Bowes will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Pitney Bowes issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69.

3 analysts have issued 12 month price objectives for Pitney Bowes' shares. Their forecasts range from $6.00 to $6.00. On average, they expect Pitney Bowes' share price to reach $6.00 in the next year. This suggests a possible upside of 47.4% from the stock's current price. View Analyst Price Targets for Pitney Bowes.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pitney Bowes in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pitney Bowes.

Press coverage about PBI stock has trended extremely negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pitney Bowes earned a coverage optimism score of -4.1 on InfoTrie's scale. They also gave news articles 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 future. View News Stories for Pitney Bowes.

Pitney Bowes saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 34,890,000 shares, an increase of 13.2% from the December 15th total of 30,820,000 shares. Based on an average daily trading volume, of 2,690,000 shares, the short-interest ratio is currently 13.0 days. Approximately 20.6% of the shares of the stock are sold short. View Pitney Bowes' Current Options Chain.

Some companies that are related to Pitney Bowes include Avery Dennison (AVY), MSA Safety (MSA), Herman Miller (MLHR), Steelcase (SCS), HNI (HNI), Knoll (KNL), Interface (TILE), ACCO Brands (ACCO), Kimball International (KBAL), NL Industries (NL), CompX International (CIX) and ARC Document Solutions (ARC).

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), Pfizer (PFE), QUALCOMM (QCOM), Ford Motor (F), Intel (INTC), Cisco Systems (CSCO), CVS Health (CVS) and Gilead Sciences (GILD).

Pitney Bowes' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Personal Resources Investment & Strategic Management Inc. (0.32%), Nisa Investment Advisors LLC (0.07%), Louisiana State Employees Retirement System (0.03%), Atlantic Union Bankshares Corp (0.02%), Wedbush Securities Inc. (0.01%) and IFP Advisors Inc (0.01%). Company insiders that own Pitney Bowes stock include Jason Dies, Linda S Sanford, Marc Bradley Lautenbach, Robert M Dutkowsky and Stanley J Sutula III. View Institutional Ownership Trends for Pitney Bowes.

PBI stock was sold by a variety of institutional investors in the last quarter, including Personal Resources Investment & Strategic Management Inc., Atlantic Union Bankshares Corp, Louisiana State Employees Retirement System, Janney Montgomery Scott LLC and IFP Advisors Inc. View Insider Buying and Selling for Pitney Bowes.

PBI stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Wedbush Securities Inc.. Company insiders that have bought Pitney Bowes stock in the last two years include Jason Dies, Linda S Sanford, Marc Bradley Lautenbach, Robert M Dutkowsky and Stanley J Sutula III. View Insider Buying and Selling for 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.

One share of PBI stock can currently be purchased for approximately $4.07.

Pitney Bowes has a market capitalization of $695.35 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.

The official website for Pitney Bowes is http://www.pitneybowes.com/.

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]