PBI - Pitney Bowes Inc.
After hours:
Chart Events
Bottom Triangle
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 3.3700 |
| Open | 3.4400 |
| Bid | 3.4600 x 3200 |
| Ask | 3.5100 x 3200 |
| Day's Range | 3.4100 - 3.5600 |
| 52 Week Range | 2.3000 - 4.9400 |
| Volume | |
| Avg. Volume | 1,479,150 |
| Market Cap | 611.178M |
| Beta (5Y Monthly) | 2.17 |
| PE Ratio (TTM) | 69.60 |
| EPS (TTM) | 0.0500 |
| Earnings Date | Jul 26, 2023 - Jul 31, 2023 |
| Forward Dividend & Yield | 0.20 (5.93%) |
| Ex-Dividend Date | May 22, 2023 |
| 1y Target Est | 4.00 |
Fair Value
Related Research
Business WirePitney Bowes Board of Directors Elects Mary J. Guilfoile as Non-Executive Chair of the Board
STAMFORD, Conn., June 01, 2023--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that the Pitney Bowes Board of Directors has elected Mary J. Steele Guilfoile as Non-Executive Chair of the Board, effective immediately.
Business WireUS Navy Chooses Pitney Bowes to Assist in Package Distribution Worldwide
STAMFORD, Conn., May 31, 2023--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been chosen by the US Navy to support its package distribution transformation by using Pitney Bowes ParcelPoint™ Smart Lockers.
InvestorPlace7 Very Undervalued Penny Stocks to Buy in May 2023
When it comes to very undervalued penny stocks to buy in May, investors have many choices. Run a stock screener, and you’ll find hundreds of stocks, whether on major U.S. exchanges, or in the over-the-counter (OTC) market, that trade at either a low earnings multiple, or a discount to tangible book value. However, there are a few that stand out as strong buys. With some of the stocks in this category, this is due to them having company-specific catalysts in play that could help bridge the gap be
Barrons.comMP Materials, Pitney Bowes See Activist Investor Action
QVT Financial disclosed a large stake in rare-earths miner MP Materials. Hestia Capital won four seats on the board of shipping-services firm Pitney Bowes.
FreightWavesHestia secures 4 Pitney Bowes board seats but CEO holds on
Pitney Bowes CEO Marc Lautenbach retained his board seat despite the election of four Hestia Capital Management candidates. The post Hestia secures 4 Pitney Bowes board seats but CEO holds on appeared first on FreightWaves.
- Reuters
UPDATE 3-Pitney Bowes shareholders elect four Hestia Capital board candidates
Pitney Bowes Inc on Tuesday said shareholders elected four director candidates proposed by Hestia Capital Management amid a boardroom challenge that criticized the shipping and mailing company's capital allocation and lagging share price. Hestia, which owns 8.5% of the company, nominated five candidates and pushed for the company to explore alternative strategies for the global ecommerce segment and focus on cash-generating segments like its mail aggregation business and postage meter unit. Reuters reported earlier on Tuesday that shareholders were poised to elect the dissident directors.
- Business Wire
Hestia Capital Thanks Fellow Stockholders for Their Support at Pitney Bowes’ 2023 Annual Meeting
PITTSBURGH, May 09, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and holds a 9.1% stake, today commented on the outcome of the Company’s 2023 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, stockholders voted to elect four of Hestia’s highly qualified and independent candidates – Milena Alberti-Perez, Todd Everett,
Business WirePitney Bowes Announces Preliminary Results from its 2023 Annual Meeting of Shareholders
STAMFORD, Conn., May 09, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the preliminary results of the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting").
- Reuters
Pitney Bowes shareholders elect four Hestia Capital board candidates
NEW YORK (Reuters) -Pitney Bowes Inc on Tuesday said shareholders elected four director candidates proposed by Hestia Capital Management amid a boardroom challenge that criticized the shipping and mailing company's capital allocation and lagging share price. Hestia, which owns 8.5% of the company, nominated five candidates and pushed for the company to explore alternative strategies for the global ecommerce segment and focus on cash-generating segments like its mail aggregation business and postage meter unit. Reuters reported earlier on Tuesday that shareholders were poised to elect the dissident directors.
Simply Wall St.Pitney Bowes (NYSE:PBI) Has Affirmed Its Dividend Of $0.05
Pitney Bowes Inc. ( NYSE:PBI ) will pay a dividend of $0.05 on the 8th of June. This makes the dividend yield 6.7...
Business WirePitney Bowes Board of Directors Issues Statement to Shareholders
STAMFORD, Conn., May 05, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting") to be held on May 9, 2023:
- Thomson Reuters StreetEvents
Q1 2023 Pitney Bowes Inc Earnings Call
Q1 2023 Pitney Bowes Inc Earnings Call
Business WirePitney Bowes Board Commits to Key Governance Enhancements
STAMFORD, Conn., May 04, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has approved two key governance enhancements. These changes reflect the Company’s ongoing commitment to best corporate governance practices.
Business WirePitney Bowes Declares Common Stock Dividend
STAMFORD, Conn., May 04, 2023--Pitney Bowes Inc. (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on June 8, 2023 to stockholders of record on May 23, 2023.
Business WirePitney Bowes Announces First Quarter 2023 Financial Results
STAMFORD, Conn., May 04, 2023--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2023.
- Business Wire
Hestia Capital Highlights That Egan-Jones Joins ISS and Glass Lewis in Recommending Stockholders Vote FOR Meaningful Boardroom Change at Pitney Bowes
PITTSBURGH, May 02, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and holds a 9.1% stake, today announced that all three independent proxy advisory firms – Egan-Jones Proxy Services ("Egan-Jones"), Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis") – are recommending that the Company’s stockholders vote for mea
- Reuters
Egan Jones recommends Pitney Bowes shareholders to vote for all dissident nominees
Proxy advisory firm Egan Jones on Tuesday recommended Pitney Bowes Inc shareholders to vote for all five dissident nominees that investment firm Hestia Capital has proposed for the board of directors to unlock the shipping and mailing company's full potential. Hestia wants a new board to explore alternative strategies for the global e-commerce segment and focus on cash-generating units such as Presort Services, its mail aggregation business, and SendTech Solutions, its postage meter business. "We strongly believe that the management and the board are clearly executing a failed strategy," Egan Jones said.
- Business Wire
Hestia Capital Highlights Recent Support from Two Leading Independent Proxy Advisory Firms
PITTSBURGH, May 01, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company"), today commented on Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co.’s ("Glass Lewis") recommendations that Pitney Bowes’ stockholders support meaningful boardroom change at the Company’s 2023 Annual Meeting of Stockholders (the "Annual Meeting"). As a reminde
Business WireIndependent Directors Steven D. Brill and J. Darrell Thomas Issue Letter to Pitney Bowes Shareholders
STAMFORD, Conn., May 01, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that two of its recently appointed independent directors, Steven D. Brill and J. Darrell Thomas, issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting") to be held on May 9, 2023.
Business WirePitney Bowes Comments on Proxy Advisory Firm Recommendation
STAMFORD, Conn., April 28, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement in response to proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") recommendation in connection with the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting") to be held on May 9, 2023:
- Business Wire
ISS Recommends Stockholders of Pitney Bowes Vote FOR Meaningful Board Changes Proposed by Hestia Capital
PITTSBURGH, April 27, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and has a beneficial ownership position of 8.5% of the Company’s outstanding common stock, today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has recommended that Pitney Bowes’ stockholders support meaningful boardroom
- Reuters
UPDATE 1-ISS urges Pitney Bowes shareholders to back 4 dissident directors in proxy fight
Institutional Shareholder Services on Wednesday recommended that Pitney Bowes shareholders elect four of the five dissident director candidates investment firm Hestia Capital has proposed, signaling it believes change is needed at the shipping and mailing company. The proxy advisory firm is backing Hestia's chief investment officer, Kurt Wolf, along with three other candidates.
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Business WirePitney Bowes PitneyShip Cube Now Available for Purchase on Amazon
STAMFORD, Conn., April 20, 2023--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the PitneyShip™ Cube is now available for purchase on Amazon. This is the first time a Pitney Bowes product is being offered direct to customers through an independent third-party retailer. The PitneyShip Cube, the first-of-its-kind, all-in-one Wi-Fi enabled thermal shipping label printer with an integrated scale and di
- Business Wire
Hestia Capital Issues Statement From its Unaffiliated Director Candidates and Shares Key Facts to Reinforce the Urgent Need for Meaningful Change at Pitney Bowes
PITTSBURGH, April 19, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and has a beneficial ownership position of 8.5% of the Company’s outstanding common stock, today released the following statement that was independently prepared by the unaffiliated candidates – Milena Alberti-Perez, Todd Everett, Katie May and Lance Rosenzweig – that Hestia is s