Pitney Bowes Inc. (PBI)
| Market Cap | 770.04M |
| Revenue (ttm) | 3.69B |
| Net Income (ttm) | 51.01M |
| Shares Out | 173.43M |
| EPS (ttm) | 0.29 |
| PE Ratio | 15.52 |
| Forward PE | 14.62 |
| Dividend | $0.20 (4.50%) |
| Ex-Dividend Date | May 20, 2022 |
| Volume | 1,004,821 |
| Open | 4.34 |
| Previous Close | 4.34 |
| Day's Range | 4.31 - 4.51 |
| 52-Week Range | 4.28 - 9.92 |
| Beta | 2.38 |
| Analysts | Buy |
| Price Target | 7.14 (+60.8%) |
| Earnings Date | Apr 28, 2022 |
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 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 volumes of ...
Financial Performance
In 2021, Pitney Bowes's revenue was $3.67 billion, an increase of 3.36% compared to the previous year's $3.55 billion. Losses were -$1.35 million, -99.25% less than in 2020.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for PBI stock is "Buy." The 12-month stock price forecast is 7.14, which is an increase of 60.81% from the latest price.
News
Pitney Bowes Parcel Shipping Index Finds US Parcel Volume Reached Record High of 21.5 Billion in 2021
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 2021 fro...
Pitney Bowes Opens First Presort Services ‘Mega Center' in Las Vegas
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes, a global shipping and mailing company that provides technology, logistics, and financial services, today announced the opening of a new Presort Services M...
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 Direc...
Why Pitney Bowes Shares Are Trading Higher Today
Pitney Bowes Inc (NYSE: PBI) reported first-quarter FY22 sales growth of 1.3% year-on-year to $926.94 million, missing the consensus of $931.76 million. Global Ecommerce revenue grew 1% Y/Y to $419 mill...
Why Pitney Bowes Stock Rallied 24% at the Open Today
Shares of the mailing services company got a boost from its first-quarter 2022 earnings update. Here's a quick look at why.
Pitney Bowes Announces First Quarter 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 for t...
Pitney Bowes Introduces Portfolio of Modular, Flexible Ecommerce Logistics Services to Support the Unique Needs of Gr...
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced a next-generation portfolio ...
Forbes Lists Pitney Bowes as One of the Best Employers for Diversity 2022
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to Forbes ...
Pitney Bowes Survey: Returns Cost US Online Retailers 21% of Order Value
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released new findings from its BOXpoll...
Pitney Bowes Financial Services Makes Growth Capital Investment in Medgluv, Inc
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has signed a new credit ...
Rent-a-robot concept delivers affordable automation to warehouse operators
Time was that a commitment to a logistics warehouse robotics system meant significant up-front capital outlays or costly and inflexible multiyear leases. Today, warehouse users can gain the productivity...
Pitney Bowes Launches PitneyShip Pro in Canada
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the launch of PitneyShipTM ...
Pitney Bowes Announces Johnna Torsone to Retire as Global Chief Human Resources Officer
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Johnna Torsone, Executiv...
Pitney Bowes and Funding Circle Launch Innovative Partnership to Support Small Business Lending
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has partnered with ...
Pitney Bowes to expand robotics, deploy AmbiSort tech in e-commerce hubs
Global parcel shipping firm Pitney Bowes is expanding its relationship with Ambi Robotics as it seeks to improve its e-commerce supply chain operations. The firm will spend $23 million to expand use of ...
Pitney Bowes and Ambi Robotics Sign $23 Million Deployment Expansion To Help Optimize Last-Mile Sorting Across US Hubs
STAMFORD, Conn. & BERKELEY, Calif.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services and Ambi Robotics, the le...
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Pitney Bowes Calls for Redemption of Outstanding 4.700 Percent Notes Due 2023
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Calls for Redemption of Outstanding 4.700 Percent Notes Due 2023
Pitney Bowes Survey: As Retailers Expand Curbside Pickup Options, 64% of Consumers Still Prefer At-Home Delivery
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released new findings from its BOXpoll...
Pitney Bowes Launches PitneyShip Pro
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the launch of PitneySh...
Pitney Bowes Recognized as One of America's Best Large Employers 2022 by Forbes Magazine
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 E...
Pitney Bowes Financial Inks Term Loan With Zion Delivery Service
Pitney Bowes Inc's (NYSE: PBI) Pitney Bowes Bank signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc (ZDS) of Long Beach, California. ZDS specializes in Last-Mil...
Pitney Bowes Financial Services Signs Term Loan with Zion Delivery Service
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 the Pitney Bowes ...
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