What is Sidoti’s Forecast for Pitney Bowes Q2 Earnings?

Pitney Bowes Inc. (NYSE:PBI) – Research analysts at Sidoti upped their Q2 2027 earnings per share (EPS) estimates for Pitney Bowes in a report issued on Thursday, July 30th. Sidoti analyst A. Lebiedzinski now anticipates that the technology company will post earnings of $0.45 per share for the quarter, up from their prior forecast of $0.35. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.62 per share. Sidoti also issued estimates for Pitney Bowes’ FY2027 earnings at $1.80 EPS.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.09. The business had revenue of $451.50 million during the quarter, compared to analyst estimates of $453.94 million. Pitney Bowes had a negative return on equity of 32.14% and a net margin of 10.04%.The firm’s revenue was down 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 EPS. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS.

PBI has been the subject of several other reports. Zacks Research downgraded shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Truist Financial upped their price objective on shares of Pitney Bowes from $11.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a research report on Tuesday, June 16th. The Goldman Sachs Group restated a “neutral” rating and set a $17.30 target price on shares of Pitney Bowes in a report on Thursday. Finally, Weiss Ratings raised Pitney Bowes from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $16.95.

Pitney Bowes Stock Performance

Shares of PBI opened at $18.13 on Friday. The firm has a market cap of $2.46 billion, a PE ratio of 14.86, a PEG ratio of 0.79 and a beta of 1.62. The firm’s 50 day moving average price is $17.27 and its 200 day moving average price is $13.74. Pitney Bowes has a twelve month low of $8.95 and a twelve month high of $19.07.

Pitney Bowes Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, August 10th. Pitney Bowes’s dividend payout ratio (DPR) is 38.83%.

Insider Buying and Selling

In other news, CEO Kurt James Wolf sold 966,561 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $14.58, for a total value of $14,092,459.38. Following the sale, the chief executive officer directly owned 452,628 shares of the company’s stock, valued at approximately $6,599,316.24. This trade represents a 68.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 3,349,130 shares of company stock valued at $53,285,535. Company insiders own 6.50% of the company’s stock.

Institutional Trading of Pitney Bowes

Several hedge funds have recently added to or reduced their stakes in PBI. State Street Corp grew its holdings in Pitney Bowes by 3.1% in the 2nd quarter. State Street Corp now owns 6,366,188 shares of the technology company’s stock valued at $69,455,000 after buying an additional 188,886 shares during the last quarter. LSV Asset Management lifted its holdings 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 buying an additional 2,986,689 shares during the last quarter. Permit Capital LLC boosted its position in shares of Pitney Bowes by 14.0% in the fourth quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock valued at $34,352,000 after acquiring an additional 400,000 shares during the period. Capital Management Corp VA boosted its position in shares of Pitney Bowes by 25.3% in the fourth quarter. Capital Management Corp VA now owns 2,930,328 shares of the technology company’s stock valued at $30,974,000 after acquiring an additional 592,568 shares during the period. Finally, Millennium Management LLC grew its stake in shares of Pitney Bowes by 60.2% in the fourth quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company’s stock worth $27,808,000 after acquiring an additional 988,653 shares during the last quarter. Institutional investors own 67.88% of the company’s stock.

Key Headlines Impacting Pitney Bowes

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

• Positive Sentiment: Second-quarter adjusted EPS was $0.43, exceeding the $0.34 analyst consensus and rising from $0.27 a year earlier. Lower costs and stronger profitability in SendTech offset pressure in other parts of the business. Pitney Bowes Surpasses Q2 Earnings Estimates
• Positive Sentiment: Pitney Bowes raised its full-year 2026 adjusted EPS guidance to $1.55-$1.70, in line with or above the $1.62 consensus midpoint, while also increasing adjusted EBIT and free-cash-flow expectations. Revenue guidance of approximately $1.8-$1.9 billion was reaffirmed. PBI Q2 Earnings Call Highlights
• Positive Sentiment: Debt reduction is a major catalyst: the company reduced debt by $201 million from the end of the first quarter through July 29. Management also highlighted execution improvements, targeted growth initiatives, and a strategic review that could create additional value or strategic alternatives. Pitney Bowes Strategic Review Adds Optionality
• Positive Sentiment: GAAP net income increased 66% year over year to $49.9 million. The board also approved a $0.10 quarterly dividend, payable September 8 to shareholders of record August 10, while the company repurchased 4.5 million shares for $53 million during the quarter. Pitney Bowes Second-Quarter Results
• Negative Sentiment: Revenue declined 2.4% year over year to $451.5 million, slightly below expectations. SendTech revenue fell 1% to $308.9 million, while the weaker Presort Services segment declined 5% to $142.6 million, underscoring continued top-line and business-mix risks.

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.