Pitney Bowes Inc. (PBI)

NYSE: PBI · IEX Real-Time Price · USD
3.72
-0.03 (-0.80%)
At close: Mar 28, 2023, 4:00 PM
3.58
-0.14 (-3.76%)
After-hours: Mar 28, 2023, 7:29 PM EDT
-0.8%
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]

Sector Industrials
Founded 1920
Employees 11,500
Stock Exchange NYSE
Ticker Symbol PBI
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$5.43
(45.97% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

21 hours ago - Business Wire

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...

1 day ago - Business Wire

7 Strong Buy Stocks Under $10 to Snap Up Now

Investors looking for a bargain and potential upside have strong buy stocks under $10 to consider. Investors should snap up companies that have value without sacrificing quality or growth.

5 days ago - InvestorPlace

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...

6 days ago - Business Wire

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.

1 week ago - Business Wire

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...

1 week ago - Business Wire

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...

2 weeks ago - Business Wire

The 7 Best Penny Stocks to Buy Now

Although the overall stock market continues to be affected by macro uncertainties, some of the best penny stocks have already been off to a good start thus far in 2023. In fact, some of the names cove...

Other symbols: ARCCHCIGLXZIAUXJRSH
3 weeks ago - InvestorPlace

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...

3 weeks ago - Business Wire

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 ...

3 weeks ago - Business Wire

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 ...

3 weeks ago - FreightWaves

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...

3 weeks ago - Business Wire

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...

1 month ago - Yahoo Finance

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...

Other symbols: ARCDOUGEGYNYCBSBGISQM
1 month ago - InvestorPlace

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Market Watch

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

The 7 Hottest Penny Stocks to Own for 2023 and Beyond

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...

3 months ago - InvestorPlace

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...

3 months ago - Reuters