FedEx (NYSE:FDX - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 3.400-4.000 for the period, compared to the consensus earnings per share estimate of 4.150. The company issued revenue guidance of $21.6 billion-$22.0 billion, compared to the consensus revenue estimate of $21.6 billion.
FedEx Stock Performance
NYSE FDX traded up $8.30 on Friday, reaching $229.37. 4,051,499 shares of the company's stock traded hands, compared to its average volume of 1,848,267. The firm has a market cap of $54.96 billion, a price-to-earnings ratio of 13.59, a P/E/G ratio of 1.18 and a beta of 1.35. The stock has a 50 day moving average price of $220.19 and a 200-day moving average price of $242.96. FedEx has a fifty-two week low of $194.30 and a fifty-two week high of $313.84. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 1.19.
FedEx (NYSE:FDX - Get Free Report) last issued its quarterly earnings data on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share for the quarter, topping analysts' consensus estimates of $5.98 by $0.09. The business had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $21.86 billion. FedEx had a net margin of 4.65% and a return on equity of 16.34%. During the same quarter in the prior year, the firm posted $5.41 earnings per share. Equities research analysts predict that FedEx will post 19.14 EPS for the current fiscal year.
FedEx Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Monday, June 23rd will be given a $1.45 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $5.80 dividend on an annualized basis and a dividend yield of 2.53%. This is an increase from FedEx's previous quarterly dividend of $1.38. FedEx's dividend payout ratio is 36.39%.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. Susquehanna upped their price objective on shares of FedEx from $290.00 to $295.00 and gave the stock a "positive" rating in a research report on Wednesday. BMO Capital Markets decreased their price objective on shares of FedEx from $275.00 to $260.00 and set a "market perform" rating for the company in a research report on Monday, May 19th. Stifel Nicolaus set a $315.00 price objective on shares of FedEx in a research report on Wednesday. UBS Group decreased their price objective on shares of FedEx from $311.00 to $297.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, Cowen reissued a "buy" rating on shares of FedEx in a research note on Wednesday. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, FedEx has an average rating of "Moderate Buy" and an average target price of $285.17.
Read Our Latest Stock Analysis on FDX
Institutional Trading of FedEx
A hedge fund recently raised its stake in FedEx stock. Brighton Jones LLC grew its position in FedEx Corporation (NYSE:FDX - Free Report) by 12.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,825 shares of the shipping service provider's stock after buying an additional 207 shares during the period. Brighton Jones LLC's holdings in FedEx were worth $514,000 as of its most recent SEC filing. Institutional investors own 84.47% of the company's stock.
About FedEx
(
Get Free Report)
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.
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