Pitney Bowes Inc. (PBI)
| Market Cap | 652.18M |
| Revenue (ttm) | 3.54B |
| Net Income (ttm) | 36.94M |
| Shares Out | 175.32M |
| EPS (ttm) | 0.21 |
| PE Ratio | 17.71 |
| Forward PE | 15.31 |
| Dividend | $0.20 (5.38%) |
| Ex-Dividend Date | Feb 16, 2023 |
| Volume | 952,791 |
| Open | 3.71 |
| Previous Close | 3.75 |
| Day's Range | 3.68 - 3.80 |
| 52-Week Range | 2.30 - 5.72 |
| Beta | 2.22 |
| Analysts | Buy |
| Price Target | 5.43 (+45.97%) |
| Earnings Date | Apr 27, 2023 |
About PBI
Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. 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 vo... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for PBI stock is "Buy." The 12-month stock price forecast is $5.43, which is an increase of 45.97% from the latest price.
News
Pitney Bowes Parcel Shipping Index Finds US Volumes One Year and One Billion Parcels Ahead of Pre-Pandemic Forecast
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics and financial services, today released the US data for 2022 f...
Pitney Bowes Board of Directors Issues Letter to Shareholders
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued a letter to Pitney Bowes shar...
Pitney Bowes to Present at the Sidoti Virtual Conference on March 22
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, announced today that Ned Zachar, Vic...
Pitney Bowes Releases Order Experience Index to Help Direct-to-Consumer Retailers Navigate Post-Pandemic Market
STAMFORD, Conn.--(BUSINESS WIRE)--The Pitney Bowes Order Experience Index offers insights from a year's worth of consumer data about the ecommerce journey, from checkout to returns.
Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders
PITTSBURGH--(BUSINESS WIRE)--Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowe...
Pitney Bowes Files Definitive Proxy Materials in Connection with May 9, 2023 Annual Meeting
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that it has filed its defi...
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Hestia Capital Is Filing a Preliminary Proxy Statement in Connection with Pitney Bowes' 2023 Annual Meeting of Stockholders
PITTSBURGH--(BUSINESS WIRE)--Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowe...
Pitney Bowes to Participate at the J.P. Morgan Global High Yield and Leveraged Finance Conference
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, will participate in the 2023 J.P. Morgan ...
Pitney Bowes chair steps down as firm girds for proxy fight
Parcel technology and shipping company Pitney Bowes Inc. (NYSE: PBI) announced late Thursday a major reshuffling of its board of directors, with a top retired UPS Inc. executive stepping in and three ...
Pitney Bowes Files Preliminary Proxy Statement and Announces Board Changes
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that it has filed its prel...
Hestia Capital CIO talks Pitney Bowes call for leadership change and investment opportunities
Hestia Capital Managing Member and Chief Investment Officer Kurt Wolf joins Yahoo Finance Live anchors Julie Hyman and Jared Blikre to discuss calling for leadership changes at Pitney Bowes, investmen...
7 Overlooked Dividend Stocks That Could Outperform The Market
With the Federal Reserve's fight to curb inflation far from over, it's safe to assume that a “Fed pivot” is not forthcoming. As interest rates remain high, it may take some more time for the bull mark...
Forbes Names Pitney Bowes as One of America's Best Large Employers for 2023
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, has been named one of America's Best Large...
Pitney Bowes Declares Common Stock Dividend
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of D...
Select Star Raises $15 Million in Series A Funding Led by Lightspeed Venture Partners
SAN FRANCISCO--(BUSINESS WIRE)--Select Star, the fully automated data discovery and governance platform for the modern data stack, today announced it closed a $15 million round of Series A funding l...
Pitney Bowes Announces Fourth Quarter and Full Year 2022 Financial Results
STAMFORD, Conn--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results fo...
Pitney Bowes' acknowledges activist investors attempt to change board control, stock rallies
Shares of Pitney Bowes Inc. PBI, +4.53% rallied 4.8% in morning trading Monday, after the shipping and mailing company acknowledged that activist investor Hestia Capital nominated seven people to the ...
Pitney Bowes Comments on Hestia Actions
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI, the “Company” or “Pitney Bowes”), a global shipping and mailing company that provides technology, logistics, and financial services, today a...
Hestia Capital Nominates Seven Highly Qualified, Independent Candidates for Election to Pitney Bowes' Long-Tenured, Underperforming Board of Directors
PITTSBURGH--(BUSINESS WIRE)--Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bo...
Pitney Bowes Launches SendPro MailCenter, an All-In-One Mailing and Shipping System for High-Volume Mailers
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today launched the SendPro® MailCe...
Pitney Bowes Names Jason Dies Executive Vice President and Group Executive
STAMFORD, Conn--(BUSINESS WIRE)--Pitney Bowes NYSE:PBI), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Jason Dies has been na...
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Irrespective of the stock market's overall performance in the coming year, there are many stocks that could nonetheless “crush it” in 2023. Included in that category are some of the hottest penny stoc...
More top Pitney Bowes shareholders criticize management amid activist pressure
Two more top shareholders in Pitney Bowes Inc are criticizing how management is running the shipping and mailing company, echoing activist investment firm Hestia Capital's calls to oust the chief exec...