PST.MI · MIL FTSE MIB

Poste Italiane S.p.A.

Industrials · Integrated Freight & Logistics

€25.38 +€0.08 (+0.32%) today

Today's session · updated Nov 11, 2026, 14:06 · Source: Yahoo Finance

Consensus of 17 analysts

Buy

Median price target €29.10 +14.7%

Open: €25.48
Day range: 25.11 – €25.60
52-week range: 19.28 – €29.48
Volume: 856,415
Market cap: €40,470M
P/E (TTM): 13.8x
EPS (TTM): €1.84
EPS est. 2026: €1.86
P/E est. 2026: 13.6x
Dividend yield: 3.3%
Beta: 0.78
Payout: 67%

Analyst summary

Generated with AI · Nov 11, 2026, 15:18

Poste Italiane combines postal and parcel distribution with payments, financial services and insurance, giving it a broader earnings base than a conventional logistics operator. Q2 2026 revenue grew strongly, but lower net income and a thinner margin show that growth did not translate into improved profitability in the quarter. Shares trade at a 13.8x P/E, while analysts expect EPS growth to moderate in 2027. The 3.3% trailing dividend yield adds to the equity’s income profile.

1Q2 2026 revenue rose +37.3% to €7,484M, while net income fell −5.8% to €532M.
2Q2 EPS of €0.403 beat the €0.376 estimate by +7.0%, despite a −7.8% year-on-year decline.
3Analysts’ median target is €29.10, implying +14.7% upside from €25.38.

Poste italiane financials

Q2 2026 results, quarter ended Jun 30, 2026

Metric	Q2 2026	1-year change
Total revenue	€7,484M	+37.3%
Net income	€532M	−5.8%
Earnings per share	€0.40	−7.8%
Net margin	7.1%	−3.3 pp
Free cash flow	€502M	−39.3%
Debt / equity	n/a	n/a

Revenue and net income (€M)

Total revenueNet income

Quarter	Total revenue	Net income
Q2 2025	€5,451M	€565M
Q3 2025	€3,743M	€596M
Q4 2025	€11,938M	€459M
Q1 2026	€4,289M	€812M
Q2 2026	€7,484M	€532M

Q2 2026 revenue increased +37.3% year on year to €7,484M, but net income declined −5.8% to €532M. The net margin fell to 7.1%, down −3.3 pp, indicating that the strong top-line comparison did not translate into higher quarterly profit. Revenue has varied substantially across the reported quarters, from €3,743M in Q3 2025 to €11,938M in Q4 2025.

Annual EPS rose from €1.214 in 2022 to €1.710 in 2025; consensus sees €1.861 in 2026 and €1.923 in 2027, with growth slowing from +8.8% to +3.4%. Q2 2026 EPS was €0.403, down −7.8% year on year, but beat the €0.376 estimate by +7.0%. The reported estimate comparisons also show beats in Q3 2025, Q4 2025 and Q1 2026. Q2 free cash flow was €502M, down −39.3%; debt/equity is n/a. The 13.8x trailing P/E compares with forward P/Es of 13.6x for 2026 and 13.2x for 2027.

Written by AI · Nov 11, 2026, 15:18

Poste italiane earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ3 2026 · Analysts: 1	€0.4820.48 – 0.48	+2.2%€0.471
Next quarterQ4 2026 · Analysts: 1	€0.3730.37 – 0.37	+2.2%€0.365
Current year2026 · Analysts: 9	€1.8611.74 – 2.07	+6.2%€1.752
Next year2027 · Analysts: 8	€1.9231.64 – 2.07	+3.4%€1.861

Forward P/E: 13.6x (2026) and 13.2x (2027) at the current price.

Actual and estimated EPS (€)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q2 2025	€0.437	—
Q3 2025	€0.471	€0.424
Q4 2025	€0.365	€0.355
Q1 2026	€0.627	€0.568
Q2 2026	€0.403	€0.376
Q3 2026	—	€0.482
Q4 2026	—	€0.373

Year	Actual EPS	Estimated EPS
2022	€1.214	—
2023	€1.483	—
2024	€1.540	—
2025	€1.710	—
2026	—	€1.861
2027	—	€1.923

EPS trend

Quarter	EPS	YoY change
Q4 2026Estimated	€0.373	+2.2%
Q3 2026Estimated	€0.482	+2.2%
Q2 2026	€0.403est. €0.376 · surprise +7.0%	−7.8%
Q1 2026	€0.627est. €0.568 · surprise +10.4%	n/a
Q4 2025	€0.365est. €0.355 · surprise +2.7%	n/a
Q3 2025	€0.471est. €0.424 · surprise +11.1%	n/a
Q2 2025	€0.437	n/a

Year	EPS	Annual change
2027Estimated	€1.923	+3.4%
2026Estimated	€1.861	+8.8%
2025	€1.710	+11.0%
2024	€1.540	+3.8%
2023	€1.483	+22.2%
2022	€1.214	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Poste italiane dividend

Yield and payments

Dividend yield (TTM)	3.3%
Forward yield (next 12m)	4.9%
Dividend per share (TTM)	€0.85
Forward dividend (next 12m)	€1.25
Payout (TTM)	67%
Last dividend	€0.85Jun 22, 2026
Next ex-dividend date	n/a

Dividend per share by year (€)

PaidEstimated

Year	Dividend per share
2019	€0.595
2020	€0.471
2021	€0.509
2022	€0.615
2023	€0.677
2024	€0.893
2025	€1.15
est. 12m	€1.25

The trailing dividend is €0.85 per share, equivalent to a 3.3% yield, while the estimated next-12-month distribution is €1.25 and the forward yield is 4.9%. The reported payout ratio is 67%. The latest dividend was €0.85, with an ex-date of Jun 22, 2026; the next ex-date is n/d.

The annual dividend history shows growth from €0.595 in 2019 to €1.15 in 2025, with some variation along the way, including €0.471 in 2020. The estimated 12-month dividend of €1.25 would extend that progression, although the forward figure is an estimate rather than a confirmed payment.

Written by AI · Nov 11, 2026, 15:18

Poste italiane forecasts

17 analyst ratings

Buy82% Hold18% Sell0%

Consensus: Buy · 14 buy, 3 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	€35.00	+37.9%
Median	€29.10	+14.7%
Low	€16.50	−35.0%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	€20.61
Dec 30, 2025	€21.48
Jan 30, 2026	€22.20
Feb 27, 2026	€22.75
Mar 31, 2026	€20.14
Apr 30, 2026	€22.59
May 29, 2026	€25.36
Jun 30, 2026	€28.62
Jul 31, 2026	€26.21
Aug 31, 2026	€27.79
Sep 30, 2026	€25.34
Oct 30, 2026	€24.05
Nov 11, 2026	€25.38

Poste italiane peers

Ticker	Company	Market cap (€M)	P/E	Price (€)	1-day change	52-week range
PST.MI	Poste italiane	40,470	13.8x	25.38	+0.32%	19.2829.48
DHL.DE	Deutsche Post	66,237	17.8x	59.18	+0.75%	41.8661.30
LOG.MC	Logista	4,906	17.7x	37.12	−0.70%	28.2637.86
UPS	United Parcel Service	94,556	21.4x	111.05 $	+0.08%	90.84122.41
FDX	FedEx	74,822	17.2x	319.48 $	+0.20%	204.67345.37
EXPD	Expeditors International	24,426	24.0x	189.19 $	−0.21%	129.59207.93

Stocks quoted in another currency are shown in their trading currency.

Risks, catalysts and conclusion

Generated with AI · Nov 11, 2026, 15:18

Risks

Continued weakness in mail and distribution economics could offset growth elsewhere in the service mix.
Market or insurance-claims volatility could pressure results from the financial and insurance businesses.
If EPS growth slows more sharply than forecast, the shares’ valuation may be harder to support.

Catalysts

Stronger parcel and logistics demand could improve the contribution from Mail, Parcels and Distribution.
Greater adoption of PostePay payment and e-money services could support earnings diversification.
More cross-selling of financial and insurance products could broaden contributions beyond postal operations.

Conclusion

Poste Italiane’s diversified operations, lower P/E than the listed peers and rising dividend estimates support a constructive assessment. However, Q2’s revenue growth came alongside lower profit, margin compression and weaker free cash flow, while consensus expects EPS growth to slow in 2027. The analyst consensus and median target indicate upside potential, but the wide target range reflects significant uncertainty around the outlook.

Analysis written automatically by AI from Yahoo Finance market data on Nov 11, 2026, 15:18.

This content is for information only and is not financial advice or a recommendation to buy or sell securities. Ratings and price targets come from third-party analysts. Investing in the stock market involves the risk of losing capital.

Poste Italiane S.p.A.

Analyst summary

Poste italiane financials

Q2 2026 results, quarter ended Jun 30, 2026

Revenue and net income (€M)

Poste italiane earnings per share (EPS)

Consensus estimates

Actual and estimated EPS (€)

EPS trend

Poste italiane dividend

Yield and payments

Dividend per share by year (€)

Poste italiane forecasts

17 analyst ratings

1-year price forecast

Poste italiane peers

Risks, catalysts and conclusion

Risks

Catalysts

Conclusion

What the AI agents think about Poste italiane

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