Pitney Bowes Stock Price, News & Analysis

Pitney Bowes (NYSE:PBI) has announced plans to offer $200 million in convertible senior notes due 2030 through a private placement, with an option for purchasers to buy an additional $30 million. The notes will be senior unsecured obligations, fully guaranteed by the company's U.S. subsidiaries.

The company plans to use the proceeds to: fund capped call transactions to reduce potential dilution, repurchase up to $75 million of common stock, and address general corporate purposes including debt refinancing. The notes will mature on August 15, 2030, with conversion options available under specific conditions before May 15, 2030, and freely convertible thereafter. Pitney Bowes retains the right to redeem the notes after August 21, 2028, subject to certain stock price conditions.

Pitney Bowes (NYSE: PBI) has announced its Board of Directors has declared a quarterly cash dividend of $0.08 per share. The dividend will be paid on September 8, 2025, to stockholders of record as of August 11, 2025.

Pitney Bowes (NYSE:PBI) reported strong Q2 2025 financial results, with significant improvements in profitability despite revenue challenges. The company generated revenue of $462 million (down 6% YoY), while achieving substantial improvements in GAAP EPS of $0.17 (up $0.30 YoY) and Adjusted EPS of $0.27 (up $0.16 YoY).

The company has increased its share repurchase authorization from $150M to $400M following $130M in buybacks over the past 120 days and raised its dividend for the third consecutive quarter. While modifying its full-year outlook, PBI lowered revenue guidance to $1.90-1.95B but raised Adjusted EPS guidance to $1.20-1.40.

Both core segments showed mixed results: SendTech Solutions saw revenue decline 8% but improved EBIT by 5%, while Presort Services achieved 2% revenue growth and 33% EBIT improvement.

Pitney Bowes (NYSE: PBI), a technology company providing SaaS shipping solutions, mailing innovation, and financial services, has scheduled its second quarter 2025 earnings release for Wednesday, July 30, 2025. The company will release results after market close, followed by an investor conference call at 5:00 p.m. ET.

The earnings call will be accessible through the company's investor relations website, with pre-registration required for dial-in participants. A recording will be available on the company's website following the call. Pitney Bowes serves a significant client base, including over 90% of Fortune 500 companies, helping businesses and government entities streamline their mail and parcel operations.

Pitney Bowes (NYSE:PBI) has released its annual Parcel Shipping Index, revealing significant shifts in the U.S. shipping landscape during 2024. The report shows parcel volume grew 3.4% to 22.4 billion shipments, while revenue increased by 2.7% to $203.2B.

Key findings highlight increasing market disruption, with USPS maintaining the largest volume share at 31%, followed by Amazon Logistics at 28%. Notably, smaller carriers experienced substantial 23% year-over-year growth, while traditional giants faced challenges. The first quarter of 2025 data shows FedEx volume increasing 5.8%, while USPS and UPS experienced declines of 6.2% and 5.4% respectively.

The report forecasts U.S. parcel volume to reach between 23B and 35B by 2029, with the most likely scenario predicting 30.5B parcels with a 5% CAGR between 2025 and 2030. Market dynamics indicate increasing pricing pressure and competition among carriers, potentially benefiting shippers through more competitive rates.

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.