Pitney Bowes Inc. (NYSE:PBI - Free Report) - Equities researchers at Sidoti Csr increased their Q1 2025 earnings per share estimates for Pitney Bowes in a research report issued on Wednesday, February 12th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will post earnings of $0.28 per share for the quarter, up from their prior estimate of $0.27. The consensus estimate for Pitney Bowes' current full-year earnings is $0.40 per share. Sidoti Csr also issued estimates for Pitney Bowes' Q2 2025 earnings at $0.27 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.21 EPS, Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.35 EPS, Q4 2026 earnings at $0.37 EPS and FY2026 earnings at $1.31 EPS.
Pitney Bowes Price Performance
Shares of PBI stock traded up $0.04 on Thursday, reaching $10.55. 3,871,854 shares of the company were exchanged, compared to its average volume of 1,900,217. The company has a 50-day moving average of $7.94 and a 200-day moving average of $7.42. The company has a market cap of $1.92 billion, a price-to-earnings ratio of -4.84, a PEG ratio of 0.52 and a beta of 2.01. Pitney Bowes has a one year low of $3.73 and a one year high of $10.81.
Pitney Bowes (NYSE:PBI - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.16. Pitney Bowes had a negative net margin of 13.02% and a negative return on equity of 12.85%.
Pitney Bowes Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, February 21st will be issued a $0.06 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.24 annualized dividend and a yield of 2.28%. This is a positive change from Pitney Bowes's previous quarterly dividend of $0.05. Pitney Bowes's dividend payout ratio is presently -9.17%.
Insider Buying and Selling at Pitney Bowes
In other Pitney Bowes news, Director Paul J. Evans purchased 29,000 shares of Pitney Bowes stock in a transaction that occurred on Wednesday, November 20th. The stock was acquired at an average price of $7.80 per share, with a total value of $226,200.00. Following the transaction, the director now owns 29,000 shares in the company, valued at $226,200. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kurt James Wolf sold 78,285 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $10.66, for a total transaction of $834,518.10. Following the sale, the director now owns 606,289 shares of the company's stock, valued at $6,463,040.74. This trade represents a 11.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,405,593 shares of company stock valued at $13,568,759. Company insiders own 14.30% of the company's stock.
Hedge Funds Weigh In On Pitney Bowes
A number of hedge funds have recently added to or reduced their stakes in PBI. Hestia Capital Management LLC bought a new position in shares of Pitney Bowes in the fourth quarter valued at approximately $114,326,000. Assenagon Asset Management S.A. raised its position in Pitney Bowes by 47.7% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,814,811 shares of the technology company's stock valued at $13,139,000 after buying an additional 586,249 shares during the last quarter. Algert Global LLC lifted its stake in Pitney Bowes by 76.9% during the 3rd quarter. Algert Global LLC now owns 344,829 shares of the technology company's stock valued at $2,459,000 after acquiring an additional 149,944 shares in the last quarter. FMR LLC raised its holdings in shares of Pitney Bowes by 3,308.0% in the third quarter. FMR LLC now owns 320,152 shares of the technology company's stock valued at $2,283,000 after purchasing an additional 310,758 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Pitney Bowes by 182.4% during the third quarter. JPMorgan Chase & Co. now owns 967,384 shares of the technology company's stock worth $6,897,000 after purchasing an additional 624,878 shares during the last quarter. Institutional investors and hedge funds own 67.88% of the company's stock.
About Pitney Bowes
(
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Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.
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