Pitney Bowes Inc. (NYSE:PBI – Free Report) – Research analysts at Sidoti Csr boosted their Q1 2025 earnings per share (EPS) estimates for Pitney Bowes in a report issued on Monday, December 23rd. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will post earnings per share of $0.26 for the quarter, up from their previous estimate 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 %
Pitney Bowes stock opened at $7.36 on Tuesday. The stock’s 50 day moving average is $7.57 and its 200 day moving average is $6.84. The company has a market capitalization of $1.34 billion, a P/E ratio of -3.38, a PEG ratio of 1.35 and a beta of 1.97. Pitney Bowes has a twelve month low of $3.68 and a twelve month high of $8.80.
Pitney Bowes Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 18th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend was Monday, November 18th. Pitney Bowes’s payout ratio is -9.17%.
Insider Buying and Selling
In other Pitney Bowes news, 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 value of $343,540.96. Following the completion of the sale, the executive vice president now owns 18,664 shares of the company’s stock, valued at approximately $151,551.68. This trade represents a 69.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul J. Evans purchased 29,000 shares of the firm’s stock in a transaction dated 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 purchase, the director now directly owns 29,000 shares of the company’s stock, valued at approximately $226,200. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 14.30% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Pitney Bowes
Hedge funds have recently bought and sold shares of the business. nVerses Capital LLC bought a new position in Pitney Bowes during the second quarter valued at approximately $48,000. Point72 DIFC Ltd raised its stake in Pitney Bowes by 218.0% during the 2nd quarter. Point72 DIFC Ltd now owns 11,405 shares of the technology company’s stock valued at $58,000 after buying an additional 7,819 shares during the last quarter. Quarry LP boosted its stake in shares of Pitney Bowes by 889.2% in the 3rd quarter. Quarry LP now owns 8,319 shares of the technology company’s stock worth $59,000 after buying an additional 7,478 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Pitney Bowes by 3,412.2% in the second quarter. Fifth Third Bancorp now owns 16,648 shares of the technology company’s stock worth $85,000 after acquiring an additional 16,174 shares during the period. Finally, Truvestments Capital LLC purchased a new stake in Pitney Bowes during the third quarter valued at $86,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.
About Pitney Bowes
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.
See Also
- Five stocks we like better than Pitney Bowes
- Stock Market Upgrades: What Are They?
- 5 Reasons DraftKings Stock Looks Promising in the New Year
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity
- P/E Ratio Calculation: How to Assess Stocks
- The Next 2 AI Winners Have Triple-Digit Upside Potential
Receive News & Ratings for Pitney Bowes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pitney Bowes and related companies with MarketBeat.com's FREE daily email newsletter.