Q1 Earnings Forecast for Pitney Bowes Issued By Sidoti Csr

Pitney Bowes Inc. (NYSE:PBI - Free Report) - Research analysts at Sidoti Csr raised their Q1 2025 earnings estimates for Pitney Bowes in a research note issued to investors on Monday, December 23rd. Sidoti Csr analyst A. Lebiedzinski now forecasts that the technology company will post earnings per share of $0.26 for the quarter, up from their prior forecast of $0.25. The consensus estimate for Pitney Bowes' current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Pitney Bowes' Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.34 EPS, FY2025 earnings at $1.08 EPS, Q1 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.37 EPS and FY2026 earnings at $1.19 EPS.

Pitney Bowes Stock Up 1.2 %

NYSE:PBI traded up $0.09 during mid-day trading on Tuesday, hitting $7.36. 802,267 shares of the stock traded hands, compared to its average volume of 1,769,487. The business's 50-day moving average price is $7.57 and its 200 day moving average price is $6.84. The company has a market cap of $1.34 billion, a PE ratio of -3.38, a price-to-earnings-growth ratio of 1.35 and a beta of 1.97. Pitney Bowes has a 12-month low of $3.68 and a 12-month high of $8.80.

Pitney Bowes (NYSE:PBI - Get Free Report) last posted its earnings results on Friday, November 8th. The technology company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.08. Pitney Bowes had a negative return on equity of 12.85% and a negative net margin of 13.02%. The business had revenue of $499.46 million during the quarter, compared to analyst estimates of $467.80 million.

Hedge Funds Weigh In On Pitney Bowes

Institutional investors have recently modified their holdings of the company. Fifth Third Bancorp grew its holdings in shares of Pitney Bowes by 3,412.2% during the 2nd quarter. Fifth Third Bancorp now owns 16,648 shares of the technology company's stock valued at $85,000 after purchasing an additional 16,174 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Pitney Bowes by 3.0% in the second quarter. Louisiana State Employees Retirement System now owns 78,300 shares of the technology company's stock worth $398,000 after buying an additional 2,300 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Pitney Bowes by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,116,838 shares of the technology company's stock valued at $10,754,000 after acquiring an additional 21,811 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its holdings in Pitney Bowes by 6.7% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 31,933 shares of the technology company's stock valued at $162,000 after acquiring an additional 2,000 shares during the period. Finally, nVerses Capital LLC bought a new position in Pitney Bowes during the 2nd quarter worth approximately $48,000. 67.88% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Paul J. Evans acquired 29,000 shares of the stock in a transaction dated Wednesday, November 20th. The shares were purchased at an average price of $7.80 per share, for a total transaction of $226,200.00. Following the transaction, the director now owns 29,000 shares in the company, valued at $226,200. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Lauren Freemen-Bosworth sold 42,308 shares of Pitney Bowes stock in a transaction on Friday, November 29th. The stock was sold at an average price of $8.12, for a total transaction of $343,540.96. Following the sale, the executive vice president now directly owns 18,664 shares of the company's stock, valued at $151,551.68. This represents a 69.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.30% of the stock is currently owned by company insiders.

Pitney Bowes Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 2.72%. Pitney Bowes's payout ratio is currently -9.17%.

Pitney Bowes Company Profile

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.