FedEx (NYSE:FDX) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

FedEx (NYSE:FDX - Get Free Report) released its quarterly earnings results on Tuesday. The shipping service provider reported $6.07 EPS for the quarter, topping analysts' consensus estimates of $5.98 by $0.09, Zacks reports. FedEx had a net margin of 4.46% and a return on equity of 16.00%. During the same quarter in the previous year, the firm posted $5.41 earnings per share. FedEx updated its Q1 2026 guidance to 3.400-4.000 EPS.

FedEx Price Performance

Shares of FDX stock traded down $0.17 during trading hours on Tuesday, hitting $229.06. 4,346,725 shares of the company's stock were exchanged, compared to its average volume of 1,865,188. The company has a quick ratio of 1.19, a current ratio of 1.24 and a debt-to-equity ratio of 0.73. The firm has a market cap of $54.88 billion, a P/E ratio of 14.37, a P/E/G ratio of 1.08 and a beta of 1.35. The firm has a 50 day moving average of $218.67 and a two-hundred day moving average of $243.96. FedEx has a fifty-two week low of $194.30 and a fifty-two week high of $313.84.

FedEx Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Monday, June 23rd will be given a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $5.80 dividend on an annualized basis and a yield of 2.53%. This is an increase from FedEx's previous quarterly dividend of $1.38. FedEx's dividend payout ratio is currently 36.39%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft initiated coverage on FedEx in a research note on Friday, March 7th. They set a "buy" rating and a $337.00 price target for the company. Oppenheimer reissued a "market perform" rating on shares of FedEx in a research note on Friday, March 21st. Wall Street Zen downgraded shares of FedEx from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. Sanford C. Bernstein dropped their target price on shares of FedEx from $282.00 to $249.00 and set a "market perform" rating on the stock in a research note on Friday, June 13th. Finally, TD Cowen lowered their price target on FedEx from $337.00 to $310.00 and set a "buy" rating for the company in a report on Friday, March 21st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $291.50.

Insider Activity

In other FedEx news, COO John Alan Smith sold 6,155 shares of FedEx stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $243.55, for a total transaction of $1,499,050.25. Following the sale, the chief operating officer now owns 23,347 shares of the company's stock, valued at $5,686,161.85. The trade was a 20.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 8.87% of the company's stock.

Hedge Funds Weigh In On FedEx

An institutional investor recently raised its position in FedEx stock. Brighton Jones LLC lifted its position in FedEx Corporation (NYSE:FDX - Free Report) by 12.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,825 shares of the shipping service provider's stock after purchasing an additional 207 shares during the quarter. Brighton Jones LLC's holdings in FedEx were worth $514,000 at the end of the most recent reporting period. 84.47% of the stock is owned by hedge funds and other institutional investors.

FedEx Company Profile

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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