Sidoti Weighs in on Pitney Bowes’ FY2026 Earnings (NYSE:PBI)

Pitney Bowes Inc. (NYSE:PBI) – Equities researchers at Sidoti dropped their FY2026 earnings per share (EPS) estimates for shares of Pitney Bowes in a research report issued to clients and investors on Thursday, October 29th. Sidoti analyst A. Lebiedzinski now expects that the technology company will earn $1.66 per share for the year, down from their prior forecast of $1.70. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.68 per share. Sidoti also issued estimates for Pitney Bowes’ Q4 2026 earnings at $0.34 EPS, Q2 2027 earnings at $0.44 EPS, Q3 2027 earnings at $0.46 EPS and Q4 2027 earnings at $0.42 EPS.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings data on Wednesday, October 28th. The technology company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of $456.18 million during the quarter, compared to analysts’ expectations of $458.24 million. Pitney Bowes had a negative return on equity of 30.30% and a net margin of 10.10%. The business’s revenue was down .8% on a year-over-year basis. During the same quarter last year, the business posted $0.31 EPS.

Several other equities research analysts have also weighed in on the company. Citizens Jmp lifted their price target on Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a research report on Friday, July 31st. The Goldman Sachs Group reissued a “neutral” rating and set a $17.30 price target on shares of Pitney Bowes in a research report on Thursday, July 30th. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. Weiss Ratings cut shares of Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Wall Street Zen cut Pitney Bowes from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 24th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $18.45.

Pitney Bowes Trading Down 5.4%

Shares of PBI opened at $16.49 on Friday. The firm’s 50-day moving average price is $16.93 and its 200-day moving average price is $14.78. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 0.70 and a beta of 1.66. Pitney Bowes has a 1-year low of $8.95 and a 1-year high of $19.07.

Pitney Bowes Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Monday, November 16th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.40 annualized dividend and a yield of 2.4%. This is an increase from Pitney Bowes’s previous quarterly dividend of $0.01. Pitney Bowes’s payout ratio is currently 32.79%.

Insider Transactions at Pitney Bowes

In related news, EVP Todd Everett sold 25,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total transaction of $451,750.00. Following the completion of the sale, the executive vice president owned 96,048 shares in the company, valued at approximately $1,735,587.36. This trade represents a 20.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deborah Pfeiffer sold 20,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $17.11, for a total transaction of $342,200.00. Following the sale, the executive vice president directly owned 79,223 shares of the company’s stock, valued at approximately $1,355,505.53. This trade represents a 20.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 819,841 shares of company stock valued at $14,366,526 over the last 90 days. Company insiders own 6.50% of the company’s stock.

Hedge Funds Weigh In On Pitney Bowes

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBI. BlackRock Inc. purchased a new position in shares of Pitney Bowes in the second quarter valued at $220,473,000. Bank of New York Mellon Corp bought a new position in Pitney Bowes during the 2nd quarter valued at about $28,683,000. Hsbc Holdings PLC bought a new position in shares of Pitney Bowes during the second quarter valued at approximately $27,762,000. Assenagon Asset Management S.A. increased its stake in Pitney Bowes by 3,481.5% in the third quarter. Assenagon Asset Management S.A. now owns 1,309,845 shares of the technology company’s stock worth $21,377,000 after purchasing an additional 1,273,272 shares during the period. Finally, Pacer Advisors Inc. purchased a new position in Pitney Bowes in the 1st quarter worth about $12,950,000. 67.88% of the stock is owned by institutional investors.

Pitney Bowes News Roundup

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Third-quarter adjusted earnings were reported at $0.42 per share, above the $0.36 analyst consensus and up from $0.31 a year earlier. Revenue of approximately $456.2 million was close to expectations, while operating profit and net income improved. Pitney Bowes Q3 earnings report
• Positive Sentiment: Operating cash flow strengthened sharply to about $151 million, and lower capital spending helped support cash generation and margins. The company also approved a quarterly dividend of $0.10 per share, a substantial increase from $0.01, equating to a $0.40 annualized payout and roughly a 2.3% yield. Pitney Bowes dividend announcement
• Positive Sentiment: Management raised its full-year 2026 earnings guidance, while highlighting continued gains in Presort Services and a goal of achieving profitable revenue growth by the end of 2028. Pitney Bowes guidance update
• Neutral Sentiment: Analysts’ average price target is approximately $18.45, above the referenced $16.49 opening price, but coverage remains limited and some commentary questions whether much of the recovery is already reflected in the valuation.
• Negative Sentiment: SendTech is expected to face a $60 million to $80 million revenue headwind in 2027 as the business transitions, creating near-term uncertainty despite the longer-term profitability target. SendTech revenue headwind report
• Negative Sentiment: Revenue declined approximately 0.8% year over year, and the company continues to report negative return on equity and substantial liabilities. Reported insider activity also showed selling rather than open-market purchases, which may weigh on investor sentiment.

Pitney Bowes Company Profile

Pitney Bowes Inc (NYSE:PBI) is a global technology and services company that helps businesses manage mailing, shipping and related communications. Its offerings include postage meters, mailing systems, shipping software, parcel management tools, address and data services, and equipment financing and support.

The company serves small businesses, large enterprises and government organizations through solutions designed to streamline the preparation, processing and delivery of physical mail and packages.