Sidoti Issues Negative Estimate for Pitney Bowes Earnings

Pitney Bowes Inc. (NYSE:PBI) – Sidoti reduced their Q2 2026 earnings per share estimates for Pitney Bowes in a research note issued on Wednesday, February 18th. Sidoti analyst A. Lebiedzinski now expects that the technology company will post earnings of $0.28 per share for the quarter, down from their prior forecast of $0.30. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.21 per share. Sidoti also issued estimates for Pitney Bowes’ Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.40 EPS, Q1 2027 earnings at $0.33 EPS, Q2 2027 earnings at $0.30 EPS, Q3 2027 earnings at $0.35 EPS and Q4 2027 earnings at $0.50 EPS.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 40.49%. Pitney Bowes’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same period last year, the firm posted $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS.

Other analysts also recently issued research reports about the company. The Goldman Sachs Group began coverage on Pitney Bowes in a research note on Monday, November 3rd. They issued a “neutral” rating and a $11.00 target price on the stock. Citizens Jmp restated a “market outperform” rating and issued a $13.00 price objective on shares of Pitney Bowes in a research report on Wednesday. Zacks Research raised shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. Finally, Citigroup initiated coverage on shares of Pitney Bowes in a report on Wednesday, December 3rd. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.00.

Pitney Bowes Price Performance

Shares of Pitney Bowes stock opened at $11.12 on Thursday. The stock has a market cap of $1.79 billion, a PE ratio of 13.40, a price-to-earnings-growth ratio of 0.48 and a beta of 1.41. The firm has a fifty day moving average price of $10.45 and a 200 day moving average price of $10.76. Pitney Bowes has a 1 year low of $7.39 and a 1 year high of $13.11.

Pitney Bowes Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be given a $0.09 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.36 annualized dividend and a dividend yield of 3.2%. Pitney Bowes’s dividend payout ratio (DPR) is 80.00%.

Institutional Investors Weigh In On Pitney Bowes

Several institutional investors have recently bought and sold shares of PBI. State Street Corp raised its holdings in shares of Pitney Bowes by 3.1% during the second quarter. State Street Corp now owns 6,366,188 shares of the technology company’s stock valued at $69,455,000 after acquiring an additional 188,886 shares during the last quarter. LSV Asset Management increased its position in shares of Pitney Bowes by 246.7% during the fourth quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock worth $44,364,000 after purchasing an additional 2,986,689 shares in the last quarter. Geode Capital Management LLC raised its stake in Pitney Bowes by 6.4% in the 2nd quarter. Geode Capital Management LLC now owns 4,012,086 shares of the technology company’s stock valued at $43,777,000 after purchasing an additional 240,544 shares during the last quarter. Cannell & Spears LLC raised its stake in Pitney Bowes by 89.5% in the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock valued at $38,389,000 after purchasing an additional 1,588,579 shares during the last quarter. Finally, Permit Capital LLC lifted its holdings in Pitney Bowes by 14.0% in the 4th quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock valued at $34,352,000 after purchasing an additional 400,000 shares in the last quarter. 67.88% of the stock is currently owned by institutional investors and hedge funds.

More Pitney Bowes News

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

• Positive Sentiment: Q4 EPS beat and company FY guidance — Pitney Bowes reported $0.45 EPS vs. the $0.38 consensus and issued FY2026 EPS guidance of $1.40–$1.60, which investors took as constructive for near‑term earnings power. Q4 Earnings Beat
• Positive Sentiment: Dividend declared — Company announced a $0.09 quarterly dividend (ex‑dividend Feb 27), supporting income‑oriented investors and boosting yield to about 3.2%.
• Positive Sentiment: Buy-side/coverage support — Citizens JMP reaffirmed a “market outperform” rating with a $13 price target, providing a bullish counterpoint to recent negative notes. Citizens JMP Coverage
• Positive Sentiment: Insider buying highlighted — Recent insider purchases were reported, which can be read as management confidence in the business. Quiver Quantitative
• Neutral Sentiment: Sidoti issue of mixed estimate changes — Sidoti moved multiple quarterly estimates: they raised FY2026 (to $1.40) and lifted certain quarter targets (notably Q4 2026/Q4 2027) but trimmed several 2026–2027 quarterly EPS forecasts — a mixed signal for timing of earnings recovery.
• Neutral Sentiment: Banking leadership hire — Pitney Bowes named Steve Fischer president of The Pitney Bowes Bank, a personnel move that may support its financial‑services growth strategy. Bank Appointment
• Negative Sentiment: Bank of America initiates with “underperform” ($9 PT) — A high‑profile initiation at underperform and a sub‑current price target injects downside pressure and gives short‑term sellers another rationale. BoA Initiates Coverage
• Negative Sentiment: Revenue and profitability concerns — Q4 revenue slipped ~7.5% YoY and certain operating metrics (operating profit, net income) showed notable weakness despite the EPS beat, leaving execution and margin recovery as key near‑term risks. Financial Detail

About Pitney Bowes

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.