In the latest trading session,, 0.97 million Pitney Bowes, Inc (NYSE:PBI) shares changed hands as the company’s beta touched 1.52. With the company’s most recent per share price at $12.98 changing hands around $0.19 or 1.45% at last look, the market valuation stands at $2.35B. PBI’s last price was a premium, traded about 1.16% off its 52-week high of $12.83. The share price had its 52-week low at $5.58, which suggests the last value was 57.01% up since then. When we look at Pitney Bowes, Inc’s average trading volume, we note the 10-day average is 3.21 million shares, with the 3-month average coming to 2.35 million.
Pitney Bowes, Inc (NYSE:PBI) trade information
Instantly PBI is in green as seen in intraday trades today. With action 10.90%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 91.37%, with the 5-day performance at 10.90% in the green. However, in the 30-day time frame, Pitney Bowes, Inc (NYSE:PBI) is 25.85% up. Looking at the short shares, we see there were 11.99 million shares sold at short interest cover period of 5.47 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.62%. The 2025 estimates are for Pitney Bowes, Inc earnings to increase by 51.83%.
PBI Dividends
Pitney Bowes, Inc is expected to release its next quarterly earnings report on 2025-May-07. The 1.77% annual yield figure for the share gives it an annual dividend of 0.23. It is important to note, however, that the 1.77% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.0 per year.
Pitney Bowes, Inc (NYSE:PBI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.96% of Pitney Bowes, Inc shares while 70.91% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 71.60%. There are 70.91% institutions holding the Pitney Bowes, Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 10.3075% of the shares, roughly 18.42 million PBI shares worth $93.57 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 9.3841% or 16.77 million shares worth $85.19 million as of 2024-06-30.
