Pitney Bowes Stock Price, News & Analysis

Ancora Holdings Group has announced its decision to convert its investment in Hestia Capital Management's special purpose vehicle into direct shareholding of Pitney Bowes (NYSE: PBI). The firm expressed strong support for CEO Kurt Wolf's leadership, highlighting his role in implementing significant operational improvements including cost reductions, cash repatriation, debt reduction, and the strategic divestiture of the Global Ecommerce unit. Ancora's leadership, including Chairman and CEO Fredrick D. DiSanto and Ancora Alternatives President James Chadwick, emphasized their commitment as long-term investors in Pitney Bowes, citing the company's excellent results under Wolf's management.

Pitney Bowes (NYSE: PBI) has appointed Brent Rosenthal to its Board of Directors, effective immediately. Rosenthal brings over 30 years of investment expertise and extensive board experience, particularly in technology, media, and telecom companies. He is the Founder of Mountain Hawk Capital Partners and currently serves on multiple boards including Horizon Kinetics and Syntec Optics Holdings. The appointment aligns with Pitney Bowes' strategic focus on digital transformation, disciplined capital allocation, and enhanced board leadership connectivity. Board Chair Milena Alberti-Perez emphasized that Rosenthal's background will contribute to the company's goals of establishing clear capital allocation strategy, improving profitability, and accelerating innovation.

Pitney Bowes (NYSE: PBI) has appointed Kurt Wolf as its new Chief Executive Officer, replacing Lance Rosenzweig who will transition to a consulting role. Wolf, a sitting director and major shareholder, has been instrumental in the company's turnaround, with total shareholder returns exceeding 200% since joining the board.

The company announced several value-enhancing initiatives including: plans to execute a $150 million share repurchase in 2025, achieving a 3.0x adjusted leverage ratio by Q2 2025 (ahead of schedule), and conducting a comprehensive strategic review. A new Executive Planning Group (EPG) will be established to support autonomous business operations and enhance cash flow, profitability, and service.

Pitney Bowes has reaffirmed its 2025 financial guidance, citing continued strength in its SendTech and Presort segments.

Pitney Bowes (NYSE: PBI) has announced a quarterly cash dividend of $0.07 per share on its common stock. The dividend will be paid on June 6, 2025, to stockholders who are on record as of May 19, 2025. This dividend declaration represents the company's continued commitment to providing regular returns to its shareholders.

Pitney Bowes (NYSE: PBI) reported strong Q1 2025 financial results with significant profitability improvements despite revenue decline. Revenue was $493 million, down 5% YoY. The company posted GAAP EPS of $0.19, up $0.21 YoY, and Adjusted EPS of $0.33, up 74% YoY. The company increased its quarterly dividend from $0.06 to $0.07 and reaffirmed its full-year guidance. Notable achievements include eliminating $34M in annualized costs, bringing total savings to $157M, with an increased target of $180M-$200M. The company repurchased $15M in shares and $23M in debt during Q1, with additional post-quarter repurchases. PBI aims to achieve a 3.0x leverage ratio by Q3 2025. SendTech and Presort segments showed strong profitability despite revenue challenges, with Presort revenue up 5% and SendTech revenue down 9% YoY.

Pitney Bowes (NYSE: PBI) has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025, after market close. The company will host an investor conference call at 5:00 p.m. ET the same day to discuss the results.

The technology-driven company, which provides SaaS shipping solutions, mailing innovation, and financial services globally, serves more than 90 percent of the Fortune 500. Investors and stakeholders can access the earnings call and supplemental information through the company's investor relations website.

Pitney Bowes (NYSE: PBI), a technology company specializing in SaaS shipping solutions, mailing innovation, and financial services, has announced its participation in two major investor conferences in March 2025.

The company will attend the 37th Annual ROTH Conference on March 17, 2025, where CEO Lance Rosenzweig and CFO Bob Gold will conduct one-on-one meetings with investors. Additionally, at the Sidoti Spring 2025 Small-Cap Conference on March 20, 2025, the company will deliver a presentation at 1:45pm ET, which will be available via webcast on their Investor Relations website. The executives will also host individual investor meetings at this event.

Pitney Bowes serves a prestigious client base that includes over 90% of Fortune 500 companies, providing solutions to reduce mail and parcel sending complexity for businesses of all sizes and government entities.

Pitney Bowes (NYSE: PBI) has been named the Top Company in Shipping Software for 2025 by Logistics Tech Outlook magazine. The recognition comes from a panel of C-level executives, industry experts, and editorial board members who evaluated companies based on innovation, reliability, customer impact, and industry leadership.

The company's advanced SaaS-based multicarrier shipping platform serves over 90% of Fortune 500 companies, offering solutions that help businesses optimize shipping operations. The platform meets rigorous security standards including SOC2, ISO 27001, FedRAMP, and StateRAMP certifications.

Notable features include a rule-based automation engine for customized shipping priorities and ShipAccel, a platform specifically designed for eCommerce businesses that integrates with major online marketplaces. The company plans to enhance its international shipping capabilities and analytics-driven approach to provide future-ready shipping solutions.

Pitney Bowes (NYSE: PBI) has appointed Robert (Bob) Gold as its new Chief Financial Officer, effective March 10, 2025. Gold, who brings extensive experience as CFO at companies including AM General, Culligan International, and United Plastics Group, will succeed interim CFO John Witek.

The appointment follows an extensive search process focusing on candidates with expertise in business transformation, capital allocation, cost containment, and debt management. Gold most recently served as EVP & CFO at EyeCare Partners from May 2023 to May 2024, and previously held CFO positions at various companies including AM General and Culligan International.

CEO Lance Rosenzweig highlighted Gold's deep experience in capital allocation, cost management, and financial planning, expressing confidence in building on the company's momentum. Witek, who served during a period of significant progress and value creation, will retire after many years of service to the company.