What is Sidoti Csr's Forecast for Pitney Bowes Q2 Earnings?

Key Points

• Analysts at Sidoti Csr have raised their Q2 2026 earnings estimate for Pitney Bowes to $0.29 per share, slightly above the previous expectation of $0.28.
• Pitney Bowes has declared a quarterly dividend increase to $0.08 per share, which will be paid on September 8th, reflecting a solid 2.8% yield.
• The company authorized a $400 million stock buyback program, indicating that the board believes the stock is currently undervalued.

Pitney Bowes Inc. (NYSE:PBI - Free Report) - Investment analysts at Sidoti Csr raised their Q2 2026 earnings estimates for Pitney Bowes in a research note issued on Monday, August 11th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will post earnings of $0.29 per share for the quarter, up from their previous estimate of $0.28. The consensus estimate for Pitney Bowes' current full-year earnings is $1.21 per share.

Pitney Bowes (NYSE:PBI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.27 earnings per share for the quarter, hitting analysts' consensus estimates of $0.27. The firm had revenue of $461.91 million during the quarter, compared to analyst estimates of $475.92 million. Pitney Bowes had a negative net margin of 5.60% and a negative return on equity of 38.01%. The business's quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.03 EPS. Pitney Bowes has set its FY 2025 guidance at 1.200-1.400 EPS.

Other equities research analysts have also issued reports about the stock. Sidoti upgraded shares of Pitney Bowes to a "hold" rating in a report on Monday, May 5th. Wall Street Zen lowered shares of Pitney Bowes from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold".

Pitney Bowes Stock Performance

NYSE:PBI traded up $0.1950 during midday trading on Thursday, reaching $11.3050. 764,516 shares of the stock traded hands, compared to its average volume of 2,623,023. The company has a fifty day moving average of $11.23 and a 200 day moving average of $10.00. Pitney Bowes has a 12 month low of $6.22 and a 12 month high of $13.11. The stock has a market capitalization of $1.95 billion, a P/E ratio of -18.86, a PEG ratio of 0.58 and a beta of 1.54.

Pitney Bowes Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 8th. Investors of record on Monday, August 11th will be given a dividend of $0.08 per share. This is a positive change from Pitney Bowes's previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.32 annualized dividend and a yield of 2.8%. Pitney Bowes's payout ratio is currently -53.33%.

Pitney Bowes declared that its board has approved a stock repurchase program on Wednesday, July 30th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the technology company to repurchase up to 18.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Deborah Pfeiffer sold 35,000 shares of the stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $12.14, for a total transaction of $424,900.00. Following the sale, the executive vice president directly owned 115,405 shares of the company's stock, valued at approximately $1,401,016.70. This represents a 23.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 9.00% of the company's stock.

Hedge Funds Weigh In On Pitney Bowes

Institutional investors have recently made changes to their positions in the business. American Assets Inc. raised its stake in Pitney Bowes by 80.6% during the 4th quarter. American Assets Inc. now owns 130,000 shares of the technology company's stock worth $941,000 after acquiring an additional 58,000 shares during the period. LPL Financial LLC grew its holdings in shares of Pitney Bowes by 17.5% in the fourth quarter. LPL Financial LLC now owns 233,597 shares of the technology company's stock valued at $1,691,000 after purchasing an additional 34,717 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Pitney Bowes by 17.0% during the fourth quarter. Wells Fargo & Company MN now owns 126,424 shares of the technology company's stock worth $915,000 after buying an additional 18,373 shares during the period. Federated Hermes Inc. boosted its stake in Pitney Bowes by 2.7% during the fourth quarter. Federated Hermes Inc. now owns 102,197 shares of the technology company's stock worth $740,000 after buying an additional 2,711 shares during the period. Finally, Bank of Montreal Can boosted its stake in Pitney Bowes by 8.6% during the fourth quarter. Bank of Montreal Can now owns 37,259 shares of the technology company's stock worth $270,000 after buying an additional 2,962 shares during the period. Institutional investors own 67.88% of the company's stock.

Pitney Bowes Company Profile

Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.