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

Pitney Bowes (NYSE:PBI) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.580-1.670 for the period, compared to the consensus earnings per share estimate of 1.680. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Wall Street Analyst Weigh In

PBI has been the subject of a number of research reports. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a report on Friday, July 31st. Zacks Research lowered Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Wall Street Zen cut Pitney Bowes from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. The Goldman Sachs Group restated a “neutral” rating and issued a $17.30 price objective on shares of Pitney Bowes in a report on Thursday, July 30th. Finally, Truist Financial raised their price objective on Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Pitney Bowes currently has a consensus rating of “Hold” and an average target price of $18.45.

Pitney Bowes Stock Down 5.4%

Shares of Pitney Bowes stock opened at $16.49 on Friday. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 12.79, a price-to-earnings-growth ratio of 0.70 and a beta of 1.66. The company’s 50 day moving average is $16.93 and its 200 day moving average is $14.78. Pitney Bowes has a twelve month low of $8.95 and a twelve month high of $19.07.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings results on Wednesday, October 28th. The technology company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. Pitney Bowes had a negative return on equity of 30.30% and a net margin of 10.10%. The business had revenue of $456.18 million during the quarter, compared to the consensus estimate of $458.24 million. During the same period in the previous year, the company posted $0.31 EPS. The business’s quarterly revenue was down .8% compared to the same quarter last year. Sell-side analysts expect that Pitney Bowes will post 1.68 EPS for the current fiscal year.

Pitney Bowes Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 16th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, November 16th. This is a positive change from Pitney Bowes’s previous quarterly dividend of $0.01. Pitney Bowes’s payout ratio is 32.79%.

Insider Activity at Pitney Bowes

In related news, EVP Deborah Pfeiffer sold 20,000 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president owned 79,223 shares in the company, valued at approximately $1,355,505.53. This represents a 20.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kurt Wolf sold 150,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $16.16, for a total transaction of $2,424,000.00. Following the transaction, the chief executive officer directly owned 91,321 shares of the company’s stock, valued at $1,475,747.36. This trade represents a 62.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 819,841 shares of company stock valued at $14,366,526. 6.50% of the stock is owned by company insiders.

Key Pitney Bowes News

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.