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

Pitney Bowes (NYSE:PBI) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.500-1.650 for the period, compared to the consensus estimate of 1.470. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion. Pitney Bowes also updated its Q1 2026 guidance to 0.47-0.470 EPS.

Pitney Bowes Trading Up 10.6%

Shares of Pitney Bowes stock opened at $14.59 on Wednesday. The company has a 50-day moving average of $10.93 and a two-hundred day moving average of $10.56. Pitney Bowes has a 12-month low of $7.95 and a 12-month high of $14.87. The stock has a market cap of $2.09 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 0.91 and a beta of 1.39.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, topping 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 business had revenue of $477.63 million for the quarter, compared to analyst estimates of $482.47 million. During the same quarter in the previous year, the company earned $0.32 EPS. The company’s quarterly revenue was down 7.5% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. On average, sell-side analysts forecast that Pitney Bowes will post 1.46 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, February 27th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.36 annualized dividend and a yield of 2.5%. Pitney Bowes’s dividend payout ratio is 43.37%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PBI. Weiss Ratings restated a “hold (c)” rating on shares of Pitney Bowes in a research report on Friday, March 27th. Zacks Research cut shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 19th. Bank of America assumed coverage on shares of Pitney Bowes in a report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price for the company. Citigroup restated an “outperform” rating on shares of Pitney Bowes in a research report on Friday. Finally, Citizens Jmp increased their price target on shares of Pitney Bowes from $13.00 to $14.00 and gave the company a “market outperform” rating in a research report on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.25.

Insider Buying and Selling at Pitney Bowes

In related news, Director Brent D. Rosenthal acquired 4,000 shares of Pitney Bowes stock in a transaction dated Friday, March 13th. The shares were acquired at an average cost of $10.22 per share, for a total transaction of $40,880.00. Following the completion of the transaction, the director directly owned 9,000 shares of the company’s stock, valued at $91,980. The trade was a 80.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Kurt James Wolf sold 39,919 shares of Pitney Bowes stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $11.14, for a total value of $444,697.66. Following the sale, the chief executive officer owned 539,618 shares of the company’s stock, valued at approximately $6,011,344.52. This represents a 6.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 502,939 shares of company stock worth $5,352,655 over the last 90 days. Company insiders own 6.50% of the company’s stock.

Hedge Funds Weigh In On Pitney Bowes

Several institutional investors and hedge funds have recently modified their holdings of PBI. State Street Corp boosted its position in Pitney Bowes by 3.1% during the second quarter. State Street Corp now owns 6,366,188 shares of the technology company’s stock worth $69,455,000 after acquiring an additional 188,886 shares during the last quarter. Millennium Management LLC raised its holdings in Pitney Bowes by 60.2% in the 4th quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company’s stock valued at $27,808,000 after acquiring an additional 988,653 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Pitney Bowes by 29.5% during the 3rd quarter. Invesco Ltd. now owns 2,622,003 shares of the technology company’s stock worth $29,917,000 after purchasing an additional 597,938 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Pitney Bowes by 13.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,138,170 shares of the technology company’s stock worth $22,601,000 after purchasing an additional 260,855 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Pitney Bowes by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,064,935 shares of the technology company’s stock worth $21,826,000 after purchasing an additional 38,458 shares during the last quarter. Hedge funds and other institutional investors own 67.88% of the company’s stock.

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.