Sidoti Has Bullish Forecast for Pitney Bowes Q3 Earnings

Pitney Bowes Inc. (NYSE:PBI) – Analysts at Sidoti upped their Q3 2026 earnings per share estimates for Pitney Bowes in a report released on Thursday, February 19th. Sidoti analyst A. Lebiedzinski now anticipates that the technology company will post earnings of $0.35 per share for the quarter, up from their prior estimate of $0.34. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.21 per share. Sidoti also issued estimates for Pitney Bowes’ Q3 2027 earnings at $0.36 EPS.

Pitney Bowes (NYSE:PBI) last posted 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 firm 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.

A number of other brokerages also recently issued reports on PBI. Citigroup began coverage on shares of Pitney Bowes in a report on Wednesday, December 3rd. They set an “outperform” rating for the company. Zacks Research lowered Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. The Goldman Sachs Group initiated coverage on Pitney Bowes in a research report on Monday, November 3rd. They issued a “neutral” rating and a $11.00 target price on the stock. Bank of America began coverage on Pitney Bowes in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 price target on the stock. Finally, Truist Financial initiated coverage on Pitney Bowes in a research report on Friday, December 12th. They set a “hold” rating and a $11.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.00.

Pitney Bowes Price Performance

Shares of PBI stock opened at $10.37 on Monday. The company has a market capitalization of $1.55 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 0.73 and a beta of 1.41. The firm’s 50-day moving average is $10.46 and its two-hundred day moving average is $10.73. Pitney Bowes has a 12 month low of $7.39 and a 12 month high of $13.11.

Pitney Bowes Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.5%. Pitney Bowes’s payout ratio is presently 43.37%.

Hedge Funds Weigh In On Pitney Bowes

Several hedge funds have recently bought and sold shares of the company. State Street Corp grew its position 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 acquiring an additional 188,886 shares in the last quarter. LSV Asset Management boosted its stake in shares of Pitney Bowes by 246.7% in the fourth quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock valued at $44,364,000 after purchasing an additional 2,986,689 shares during the period. Geode Capital Management LLC grew its holdings in shares of Pitney Bowes by 6.4% in the second quarter. Geode Capital Management LLC now owns 4,012,086 shares of the technology company’s stock valued at $43,777,000 after purchasing an additional 240,544 shares in the last quarter. Cannell & Spears LLC increased its stake in Pitney Bowes by 89.5% during the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock worth $38,389,000 after buying an additional 1,588,579 shares during the period. Finally, Permit Capital LLC increased its stake in Pitney Bowes by 14.0% during the 4th quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock worth $34,352,000 after buying an additional 400,000 shares during the period. Institutional investors and hedge funds 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.