Pitney Bowes (NYSE:PBI) Issues Earnings Results, Hits Expectations

Pitney Bowes (NYSE:PBI) released its earnings results on Tuesday. The technology company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47, Zacks reports. The business had revenue of $477.41 million for the quarter, compared to the consensus estimate of $471.83 million. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the business earned $0.33 earnings per share.

Pitney Bowes Stock Down 4.5%

PBI stock traded down $0.70 during trading on Wednesday, hitting $14.85. The company had a trading volume of 4,351,980 shares, compared to its average volume of 2,783,586. The firm has a 50-day moving average price of $11.74 and a 200-day moving average price of $10.81. Pitney Bowes has a 12 month low of $8.81 and a 12 month high of $15.95. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 0.98 and a beta of 1.64.

Pitney Bowes Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Monday, May 18th will be paid a $0.01 dividend. The ex-dividend date is Monday, May 18th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. Pitney Bowes’s payout ratio is 43.37%.

More Pitney Bowes News

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Revenue roughly in line with expectations and operating profitability improved year-over-year, supporting the view that cost discipline is helping margins. Business Wire: Q1 Results & CEO Letter
• Neutral Sentiment: Company issued a small quarterly dividend of $0.01 (annualized yield ~0.3%), a token return that is unlikely to materially influence investor decisions. (Dividend declared May 5)
• Neutral Sentiment: Management held an earnings call/CEO letter outlining strategic priorities; investors will watch for forward commentary on growth drivers (digital shipping, financial services) for future conviction. Earnings Call Transcript
• Negative Sentiment: Revenue declined ~3.2% year-over-year despite a slight beat vs. consensus, signaling softer demand trends that weigh on upside potential. MSN: Q1 Sales In Line
• Negative Sentiment: Operating cash flow fell sharply year-over-year, and total liabilities rose — items that increase financial risk and may pressure valuation if cash conversion doesn’t recover. Quiver: Q1 Financials & Cash Flow Weakness
• Negative Sentiment: Mixed/discordant EPS reporting across outlets (some show EPS meeting Street, others show a slight miss) combined with notable insider selling has amplified downside pressure and volatility. Zacks: Earnings Meet Estimates

Insider Activity at Pitney Bowes

In related news, CEO Kurt James Wolf sold 160,289 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $11.06, for a total value of $1,772,796.34. Following the completion of the transaction, the chief executive officer owned 543,211 shares in the company, valued at $6,007,913.66. The trade was a 22.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brent D. Rosenthal acquired 4,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average price of $10.22 per share, with a total value of $40,880.00. Following the transaction, the director directly owned 9,000 shares in the company, valued at $91,980. The trade was a 80.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 503,108 shares of company stock valued at $5,355,063 in the last 90 days. 6.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its position in Pitney Bowes by 41.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,015 shares during the last quarter. UMB Bank n.a. raised its position in Pitney Bowes by 404.6% in the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock worth $43,000 after purchasing an additional 3,225 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in Pitney Bowes in the 2nd quarter worth approximately $51,000. Parkside Financial Bank & Trust raised its position in Pitney Bowes by 4,164.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,823 shares of the technology company’s stock worth $72,000 after purchasing an additional 6,663 shares during the last quarter. Finally, Cerity Partners LLC bought a new position in Pitney Bowes in the 4th quarter worth approximately $108,000. Institutional investors own 67.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Citizens Jmp raised their price target on shares of Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a research note on Friday, April 17th. Wall Street Zen upgraded shares of Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. Weiss Ratings cut shares of Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, April 24th. Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a research note on Friday, April 17th. Finally, Bank of America began coverage on shares of Pitney Bowes in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.93.

About Pitney Bowes

Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.

The company’s core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.