Pitney Bowes Inc. (PBI)
| Market Cap | 1.35B |
| Revenue (ttm) | 3.22B |
| Net Income (ttm) | -390.06M |
| Shares Out | 181.70M |
| EPS (ttm) | -2.20 |
| PE Ratio | n/a |
| Forward PE | 7.51 |
| Dividend | $0.20 (2.69%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 1,669,528 |
| Open | 7.31 |
| Previous Close | 7.25 |
| Day's Range | 7.30 - 7.45 |
| 52-Week Range | 3.68 - 8.80 |
| Beta | 2.00 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 30, 2025 |
About PBI
Pitney Bowes Inc., operates as a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to small businesses, large enterprises, and government entities around the world. It 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... [Read more]
Financial Performance
Financial StatementsNews
Pitney Bowes: With Cost Savings Materializing, Shares Look Dirt Cheap Now
Pitney Bowes is undergoing a significant turnaround with $150-170 million in cost savings projected for 2024, making the stock a strong buy. The sale of the loss-making Global Ecommerce segment will e...
Pitney Bowes Presort Services Advances Nationwide Growth Through Strategic Expansion
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial ...
Pitney Bowes: The Turnaround Keeps Going Great
Pitney Bowes' exit from the struggling Global Ecommerce business and cost optimization efforts have led to improved profitability and cash flow. Hestia Capital's influence on the board and strategic p...
Advancements to Educate About Innovations in Optimized Shipping Software
Discover how developments in digital shipping software technologies are providing businesses with freedom, flexibility, visibility, and control. JUPITER, Fla.
Pitney Bowes: Turnaround Is Imminent
Pitney Bowes is changing for the better under new management with the right business priorities. The GEC exit frees PBI from its major past drawback. Successful deleveraging will lead to a reevaluatio...
Hestia Capital Management Discloses Additional Information Regarding 10b5-1 Plan at Pitney Bowes
PITTSBURGH--(BUSINESS WIRE)--Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), a large shareholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”...
Pitney Bowes Announces Significant Progress on Deleveraging Initiative with Paydown of $100M of Oaktree Notes
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial ...
Pitney Bowes Announces Agreement in Principle with Unsecured Creditors' Committee in DRF Logistics Bankruptcy Case to Resolve Outstanding Disputes
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial ...
Pitney Bowes Provides Additional Detail on Financial Outlook
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the wor...
Pitney Bowes Inc. (PBI) Q3 2024 Earnings Call Transcript
Pitney Bowes Inc. (NYSE:PBI) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Alex Brown - Director, Investor Relations. Lance Rosenzweig - Chief Executive Officer & ...
Pitney Bowes Declares Common Stock Dividend
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—in...
Pitney Bowes Announces Financial Results for Third Quarter of Fiscal Year 2024 and Progress on Strategic Initiatives
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the wor...
Pitney Bowes and FedEx Launch FedEx Platform Account
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—in...
Pitney Bowes Appoints Lance Rosenzweig as Permanent CEO and Strengthens Board of Directors
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial ...
Pitney Bowes Announces Date for Third Quarter 2024 Earnings Release and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial ...
Pitney Bowes Enhances Ecommerce Shipping with ShipAccel
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company, today announced the launch of ShipAccel, a digital platform designed to simplify and enhance shipping...
Pitney Bowes: Margin Tailwinds Are A Temporary Catalyst
Pitney Bowes' new activist board and management are creating a special situation in the stock. Margin improvements are anticipated as Pitney Bowes exits its unprofitable Global Ecommerce segment and c...
Buying More Pitney Bowes
Despite initial setbacks, Pitney Bowes shares have rallied 147% since November 2022, with 19% total return since January 2022, bolstered by dividends. The company's financials have improved significan...
Pitney Bowes Culls Global E-Commerce And Shape-Shifts Under Kurt Wolf
Pitney Bowes Presort and SendTech segments are growing EBIT and misunderstood by the market. Post-GEC, Pitney Bowes should earn at least $1.27 per share by 2025 and should currently be valued over $12...
Pitney Bowes Sells Global Ecommerce Business to Streamline Enterprise
Pitney Bowes has sold a controlling interest in most of its Global Ecommerce (GEC) segment operating in the United States to Hilco Global affiliate Hilco Commercial Industrial, which will wind down th...
Pitney Bowes Inc. (PBI) Q2 2024 Earnings Call Transcript
Pitney Bowes Inc. (NYSE:PBI) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Alex Brown - Director, Investor Relations. Lance Rosenzweig - Interim CEO & Director John ...
20 stocks the bears can't easily short — and that's why you shouldn't buy them
Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.
Pitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today a...
Pitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, tod...