Pitney Bowes (NYSE:PBI) Shares Gap Up on Better-Than-Expected Earnings

Pitney Bowes Inc. (NYSE:PBI) gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $10.24, but opened at $11.29. Pitney Bowes shares last traded at $11.1850, with a volume of 3,044,540 shares.

The technology company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $477.63 million during the quarter, compared to analysts’ expectations of $482.47 million. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.Pitney Bowes’s revenue was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS.

Pitney Bowes Announces Dividend

The business also recently declared 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. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, February 27th. Pitney Bowes’s dividend payout ratio (DPR) is presently 80.00%.

Trending Headlines about Pitney Bowes

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

• Positive Sentiment: Sidoti raised its FY2026 outlook and certain quarter forecasts — the firm lifted its FY2026 EPS to $1.40 (from $1.38) and raised Q4 2026 and Q4 2027 EPS views (to $0.47 and $0.50 respectively). That upward revision to full‑year and year‑end estimates supports the earnings story and could be seen as a catalyst for the stock.
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” view and a $13 price target, giving upside versus current levels and backing investor confidence. Read More.
• Positive Sentiment: Board declared a quarterly dividend of $0.09 (annualized yield ~3.2%), ex‑dividend Feb. 27 — provides income support and can attract yield‑sensitive investors.
• Neutral Sentiment: Bank of America initiated coverage of PBI (details in the initiating note may influence sentiment depending on recommended rating and model assumptions). Read More.
• Neutral Sentiment: Q4 results were mixed: EPS beat estimates (showing improved profitability), but revenue slightly missed consensus — management provided FY2026 guidance. That combination explains volatility as investors weigh margin progress versus top‑line softness. Read More.
• Neutral Sentiment: Pitney Bowes named Steve Fischer president of Pitney Bowes Bank — a leadership move aimed at strengthening financial services execution but with largely longer‑term implications. Read More.
• Negative Sentiment: Sidoti trimmed several near‑term quarterly EPS forecasts (multiple Q2/Q3 2026 and Q1–Q3 2027 cuts by a few cents each). Those downgrades to specific quarters introduce short‑term growth concerns and likely pressured sentiment despite the raised full‑year view.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PBI. Bank of America initiated coverage on shares of Pitney Bowes in a research note on Tuesday. They issued an “underperform” rating and a $9.00 price objective for the company. Truist Financial initiated coverage on Pitney Bowes in a research note on Friday, December 12th. They issued a “hold” rating and a $11.00 price target for the company. The Goldman Sachs Group began coverage on Pitney Bowes in a research report on Monday, November 3rd. They set a “neutral” rating and a $11.00 price objective on the stock. Citigroup started coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They issued an “outperform” rating for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Pitney Bowes in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.00.

Institutional Trading of Pitney Bowes

Institutional investors have recently added to or reduced their stakes in the stock. Trail Ridge Investment Advisors LLC lifted its position in Pitney Bowes by 5.1% during the third quarter. Trail Ridge Investment Advisors LLC now owns 20,890 shares of the technology company’s stock valued at $238,000 after purchasing an additional 1,008 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after buying an additional 1,015 shares in the last quarter. Advisory Services Network LLC raised its stake in shares of Pitney Bowes by 2.4% in the third quarter. Advisory Services Network LLC now owns 52,975 shares of the technology company’s stock worth $604,000 after buying an additional 1,234 shares during the period. Baird Financial Group Inc. raised its stake in shares of Pitney Bowes by 12.5% in the second quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock worth $144,000 after buying an additional 1,459 shares during the period. Finally, Amalgamated Bank lifted its position in shares of Pitney Bowes by 3.4% during the 3rd quarter. Amalgamated Bank now owns 46,680 shares of the technology company’s stock valued at $533,000 after buying an additional 1,555 shares in the last quarter. 67.88% of the stock is currently owned by institutional investors.

Pitney Bowes Trading Down 4.4%

The stock has a 50 day moving average of $10.45 and a 200-day moving average of $10.76. The company has a market capitalization of $1.71 billion, a P/E ratio of 12.81, a P/E/G ratio of 0.45 and a beta of 1.41.

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.