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Why Citizens JMP Sees Upside in Pitney Bowes With Market Outperform Rating and Strategic Buybacks
Yahoo Finance· 2025-12-09 10:01
Core Viewpoint - Citizens JMP initiated coverage on Pitney Bowes with a "Market Outperform" rating and a price target of $13.00 per share, indicating a positive outlook for the stock [1] Financial Metrics - The stock is considered to have reasonable valuation estimates for 2027, with an EV-to-free cash flow multiple of 8.7x and an EV-to-EBITDA multiple of 5.6x [2] Market Position - Pitney Bowes holds a dominant position in its core segments, with approximately a 70% market share in its "SendTech" mailing/shipping business and a mid-30% share in first-class mail within its "Presort Services" unit [2] Capital Allocation and Shareholder Value - Recent capital-allocation policies include aggressive share repurchases, with about 12% of outstanding shares repurchased by late October and approximately 8% in the most recent quarter, alongside steady dividend increases, which enhance shareholder value [3] Growth Catalysts - Analysts identified near-term growth potential from the company's banking operations and medium-term upside from the expansion of its digital shipping and SaaS tools, such as the SendTech/Shipping-360 platform, as well as possible consolidation gains in its Presort Services business [3] Company Overview - Pitney Bowes Inc. is a U.S.-based technology and logistics company founded in 1920, providing mailing, shipping, mailing-sortation, shipping-software, and related financial services through segments like SendTech and Presort Services [4]
Home BancShares, Inc. Announces Third Quarter Cash Dividend
Globenewswire· 2025-07-23 21:15
Group 1 - Home BancShares, Inc. declared a quarterly cash dividend of $0.20 per share, payable on September 3, 2025, to shareholders of record on August 13, 2025 [1] - The declared cash dividend is consistent with the dividend paid during the second quarter of 2025 [1] Group 2 - Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas, with its wholly-owned subsidiary, Centennial Bank, providing a range of commercial and retail banking services [2] - Centennial Bank operates branch locations in Arkansas, Florida, Texas, South Alabama, and New York City [2] - The company's common stock is traded on the New York Stock Exchange under the symbol "HOMB" [2]