Pitney Bowes (NYSE:PBI) Issues Quarterly Earnings Results

Pitney Bowes (NYSE:PBI) announced its quarterly earnings results on Wednesday. The technology company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06, FiscalAI reports. The business had revenue of $456.18 million during the quarter, compared to analyst estimates of $458.24 million. Pitney Bowes had a net margin of 10.10% and a negative return on equity of 30.45%. Pitney Bowes’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.31 EPS.

Pitney Bowes Price Performance

NYSE:PBI traded down $0.15 during trading hours on Friday, hitting $16.31. The company’s stock had a trading volume of 2,797,110 shares, compared to its average volume of 1,633,721. The company has a market capitalization of $2.21 billion, a P/E ratio of 12.64, a PEG ratio of 0.66 and a beta of 1.74. The stock has a fifty day simple moving average of $16.94 and a 200-day simple moving average of $14.81. Pitney Bowes has a twelve month low of $8.95 and a twelve month high of $19.07.

Pitney Bowes Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Monday, November 16th will be issued a dividend of $0.10 per share. This is an increase from Pitney Bowes’s previous quarterly dividend of $0.01. This represents a $0.40 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, November 16th. Pitney Bowes’s dividend payout ratio is presently 31.01%.

Insider Buying and Selling

In other news, EVP Todd Everett sold 25,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total transaction of $451,750.00. Following the transaction, the executive vice president directly owned 96,048 shares of the company’s stock, valued at approximately $1,735,587.36. This represents a 20.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deborah Pfeiffer sold 20,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at $1,355,505.53. This represents a 20.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 819,841 shares of company stock worth $14,366,526. 6.50% of the stock is owned by insiders.

Trending Headlines about Pitney Bowes

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

• Positive Sentiment: Q3 earnings beat expectations. Pitney Bowes reported adjusted earnings of $0.42 per share, above the $0.36 consensus estimate and up from $0.31 a year earlier. Pitney Bowes Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Dividend increased sharply. The company declared a quarterly dividend of $0.10 per share, or $0.40 annualized, compared with the previous $0.01 quarterly payout. The dividend yield is approximately 2.4%, supporting the stock’s income appeal. Pitney Bowes Approves Quarterly Dividend
• Positive Sentiment: Revenue outlook was maintained or improved relative to expectations. FY 2026 revenue guidance of $1.8 billion to $1.9 billion has a midpoint above the current $1.8 billion consensus estimate, suggesting continued operating momentum despite business-mix challenges. Pitney Bowes Updates FY 2026 Guidance
• Neutral Sentiment: Sidoti raised its estimates for second-quarter and third-quarter FY 2027 EPS to $0.44 and $0.46, respectively, but the changes were mixed across the forecast period.
• Negative Sentiment: FY 2026 EPS guidance fell below expectations. Pitney Bowes now expects EPS of $1.58 to $1.67, versus the $1.68 consensus estimate. The midpoint of $1.625 implies modest downside to analyst expectations. Pitney Bowes Lifts Guidance
• Negative Sentiment: Analyst estimates were reduced. Sidoti cut its FY 2026 EPS forecast to $1.66 from $1.70 and lowered its Q4 2026 forecast to $0.34 from $0.44. Sidoti also reduced its Q4 2027 estimate to $0.42 from $0.49.
• Negative Sentiment: SendTech faces a projected revenue headwind. Management indicated that SendTech revenue could face a $60 million to $80 million headwind in 2027, raising concerns about near-term growth and profit momentum. Pitney Bowes Signals SendTech Revenue Headwind

Analysts Set New Price Targets

Several equities analysts have issued reports on PBI shares. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a research note on Friday, July 31st. Citizens Jmp raised their target price on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a report on Friday, July 31st. Weiss Ratings lowered shares of Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, October 27th. Wall Street Zen downgraded Pitney Bowes from a “strong-buy” rating to a “buy” rating in a report on Sunday. Finally, Truist Financial lifted their price objective on shares of Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a research report on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Pitney Bowes has an average rating of “Hold” and an average target price of $18.45.

About Pitney Bowes

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.