Pitney Bowes (NYSE:PBI) Updates FY 2026 Earnings Guidance

Pitney Bowes (NYSE:PBI) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.550-1.700 for the period, compared to the consensus estimate of 1.620. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Pitney Bowes Stock Down 1.1%

NYSE PBI traded down $0.19 during trading on Wednesday, reaching $17.64. 1,674,697 shares of the stock traded hands, compared to its average volume of 2,767,718. Pitney Bowes has a fifty-two week low of $8.95 and a fifty-two week high of $18.77. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 0.81 and a beta of 1.62. The stock’s 50-day moving average price is $17.17 and its 200 day moving average price is $13.64.

Pitney Bowes (NYSE:PBI) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Pitney Bowes had a net margin of 8.92% and a negative return on equity of 33.41%. The company had revenue of $477.41 million for the quarter, compared to analyst estimates of $471.83 million. During the same period last year, the business posted $0.33 earnings per share. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. Analysts anticipate that Pitney Bowes will post 1.62 EPS for the current fiscal year.

Pitney Bowes Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 18th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pitney Bowes’s dividend payout ratio (DPR) is currently 38.83%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on PBI shares. Truist Financial upped their price objective on Pitney Bowes from $11.00 to $15.00 and gave the stock a “hold” rating in a research report on Thursday, May 7th. Weiss Ratings raised Pitney Bowes from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Wall Street Zen raised Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 25th. Citigroup restated a “market outperform” rating on shares of Pitney Bowes in a report on Tuesday, June 16th. Finally, Bank of America raised shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $9.50 to $16.50 in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Pitney Bowes currently has a consensus rating of “Hold” and an average target price of $16.43.

Insider Buying and Selling at Pitney Bowes

In other Pitney Bowes news, CEO Kurt James Wolf sold 316,280 shares of the stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $17.10, for a total transaction of $5,408,388.00. Following the transaction, the chief executive officer owned 217,930 shares in the company, valued at $3,726,603. This trade represents a 59.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deborah Pfeiffer sold 18,750 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $16.06, for a total transaction of $301,125.00. Following the transaction, the executive vice president owned 97,828 shares in the company, valued at approximately $1,571,117.68. The trade was a 16.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,349,130 shares of company stock valued at $53,285,535 over the last 90 days. 6.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Pitney Bowes

A number of large investors have recently modified their holdings of the business. Royal Bank of Canada grew its holdings in shares of Pitney Bowes by 133.1% during the 1st quarter. Royal Bank of Canada now owns 52,958 shares of the technology company’s stock valued at $478,000 after purchasing an additional 30,238 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Pitney Bowes by 5.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 97,424 shares of the technology company’s stock valued at $882,000 after buying an additional 5,149 shares in the last quarter. United Services Automobile Association acquired a new stake in Pitney Bowes in the first quarter valued at approximately $96,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Pitney Bowes by 18.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 470,488 shares of the technology company’s stock worth $4,258,000 after buying an additional 72,437 shares during the last quarter. Finally, Intech Investment Management LLC grew its stake in shares of Pitney Bowes by 15.5% during the first quarter. Intech Investment Management LLC now owns 195,309 shares of the technology company’s stock worth $1,768,000 after buying an additional 26,260 shares during the last quarter. Institutional investors and hedge funds own 67.88% of the company’s stock.

Pitney Bowes Company Profile

Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.

The company’s core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.