My No. 1 Oil Play for 2024
Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.
About Pitney Bowes Inc
Pitney Bowes Inc., a technology company, provides commerce solutions in the United States and internationally. The company operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions, financing, services, supplies, and other applications for sending, tracking and receiving of letters, parcels, and flats. Pitney Bowes Inc. markets its products, solutions, and services direct and inside salesforce, global and regional partner channels, direct mailings, and Web-based offerings. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.
General
| Name | Pitney Bowes Inc |
| Ticker | PBI |
| Exchange | NYSE |
| Sector | Industrials |
| Industry | Business Equipment & Supplies |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 11,500 |
Highlights
| Analyst Target | 9 |
| Market Cap | 1,635,706,496 |
| PE Ratio | -4.81 |
| PEG Ratio | 2.06 |
| EBITDA | 308,478,016 |
Share Stats
| Shares Outstanding | 173,274,000 |
| Shares Float | 163,773,824 |
| Shares Short | 6,742,896 |
| Insider Holdings | 571% |
| Institution Holdings | 78.19% |
Highlights
| Analyst Target | 9 |
| Market Cap | 1,635,706,496 |
| PE Ratio | -4.81 |
| PEG Ratio | 2.06 |
| EBITDA | 308,478,016 |
Valuation
| Trailing PE | 9.61 |
| Forward PE | 24.69 |
| Price/Sales (Trailing 12 Mt.) | 0.42 |
| Price/Book (Most Recent Quarter) | 22.55 |
Dividend
Pitney Bowes Inc pays out a dividend of $0.20 per share, with a dividend yield of 2.79%.
PBI's last dividend payment was made to shareholders on March 8, 2021.
They pay out 66.67% of their earnings out as a dividend.
Recent Dividends
| Sep 6, 2024 | $0.05 |
| Jun 7, 2024 | $0.05 |
| Mar 14, 2024 | $0.05 |
| Dec 6, 2023 | $0.05 |
| Sep 8, 2023 | $0.05 |
| Jun 8, 2023 | $0.05 |
| Mar 14, 2023 | $0.05 |
| Dec 6, 2022 | $0.05 |
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