Pitney-Bowes (PBI) Reports In-Line Q4 EPS, FY EPS Guidance Misses Consensus

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Go back to Pitney-Bowes (PBI) Reports In-Line Q4 EPS, FY EPS Guidance Misses Consensus

Pitney Bowes (PBI) PT Lowered to $14 at Ladenburg Thalmann

February 6, 2019 8:13 AM EST

Ladenburg Thalmann analyst Glenn Mattson lowered the price target on Pitney Bowes (NYSE: PBI) to $14.00 (from $16.00) while maintaining a Buy rating.

Mattson commented, "We continue to use a 12.5x multiple on our new $1.14 estimate. We argue that shares have been... More

Pitney-Bowes (PBI) Lowers Quarterly Dividend 73.3% to $0.05; Adds $100M to Buyback

February 5, 2019 9:10 AM EST

Pitney-Bowes (NYSE: PBI) declared a quarterly dividend of $0.05 per share, or $0.20 annualized. This is a 73.3% decrease from the prior dividend of $0.1875. The dividend will be payable on March 11, 2019, to stockholders of record on February 15, 2019, with an ex-dividend date of February 14, 2019. The annual yield... More