Sidoti Has Pessimistic Outlook of Pitney Bowes Q2 Earnings

Pitney Bowes Inc. (NYSE:PBI) – Analysts at Sidoti decreased their Q2 2026 earnings per share estimates for Pitney Bowes in a research report issued on Wednesday, February 18th. Sidoti analyst A. Lebiedzinski now expects that the technology company will earn $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.

A number of other research analysts have also recently weighed in on the stock. Citigroup began coverage on shares of Pitney Bowes in a report on Wednesday, December 3rd. They issued an “outperform” rating for the company. Bank of America initiated coverage on Pitney Bowes in a research report on Tuesday. They set an “underperform” rating and a $9.00 price objective on the stock. Zacks Research upgraded Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. The Goldman Sachs Group began coverage on Pitney Bowes in a research note on Monday, November 3rd. They set a “neutral” rating and a $11.00 target price for the company. Finally, Truist Financial initiated coverage on Pitney Bowes in a report on Friday, December 12th. They set a “hold” rating and a $11.00 price target 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.00.

Pitney Bowes Stock Performance

Shares of PBI opened at $10.64 on Thursday. The stock has a market capitalization of $1.71 billion, a PE ratio of 12.81, a P/E/G ratio of 0.45 and a beta of 1.41. Pitney Bowes has a 1 year low of $7.39 and a 1 year high of $13.11. The company’s 50-day simple moving average is $10.45 and its 200-day simple moving average is $10.76.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The firm had revenue of $477.63 million for the quarter, compared to the consensus estimate of $482.47 million. During the same quarter in the previous year, the business earned $0.32 EPS. The company’s quarterly revenue was down 7.5% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS.

Pitney Bowes Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, February 27th. Pitney Bowes’s dividend payout ratio is currently 80.00%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Trail Ridge Investment Advisors LLC raised its stake in Pitney Bowes by 5.1% during the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 20,890 shares of the technology company’s stock worth $238,000 after acquiring an additional 1,008 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Pitney Bowes by 41.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,015 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of Pitney Bowes by 2.4% in the 3rd quarter. Advisory Services Network LLC now owns 52,975 shares of the technology company’s stock valued at $604,000 after purchasing an additional 1,234 shares during the last quarter. New York State Teachers Retirement System boosted its position in shares of Pitney Bowes by 0.5% in the 2nd quarter. New York State Teachers Retirement System now owns 257,827 shares of the technology company’s stock valued at $2,813,000 after purchasing an additional 1,246 shares during the period. Finally, Baird Financial Group Inc. boosted its position in shares of Pitney Bowes by 12.5% in the 2nd quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock valued at $144,000 after purchasing an additional 1,459 shares during the period. Institutional investors and hedge funds own 67.88% of the company’s stock.

Pitney Bowes News Summary

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

• Positive Sentiment: Sidoti raised its FY2026 outlook and certain quarter forecasts — the firm lifted its FY2026 EPS to $1.40 (from $1.38) and raised Q4 2026 and Q4 2027 EPS views (to $0.47 and $0.50 respectively). That upward revision to full‑year and year‑end estimates supports the earnings story and could be seen as a catalyst for the stock.
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” view and a $13 price target, giving upside versus current levels and backing investor confidence. Read More.
• Positive Sentiment: Board declared a quarterly dividend of $0.09 (annualized yield ~3.2%), ex‑dividend Feb. 27 — provides income support and can attract yield‑sensitive investors.
• Neutral Sentiment: Bank of America initiated coverage of PBI (details in the initiating note may influence sentiment depending on recommended rating and model assumptions). Read More.
• Neutral Sentiment: Q4 results were mixed: EPS beat estimates (showing improved profitability), but revenue slightly missed consensus — management provided FY2026 guidance. That combination explains volatility as investors weigh margin progress versus top‑line softness. Read More.
• Neutral Sentiment: Pitney Bowes named Steve Fischer president of Pitney Bowes Bank — a leadership move aimed at strengthening financial services execution but with largely longer‑term implications. Read More.
• Negative Sentiment: Sidoti trimmed several near‑term quarterly EPS forecasts (multiple Q2/Q3 2026 and Q1–Q3 2027 cuts by a few cents each). Those downgrades to specific quarters introduce short‑term growth concerns and likely pressured sentiment despite the raised full‑year view.

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.