FedEx (NYSE:FDX) Releases FY 2026 Earnings Guidance

Key Points

• FedEx has updated its FY 2026 earnings guidance, projecting earnings per share between $17.200 and $19.000, which exceeds the consensus estimate of $18.290.
• The company also anticipates revenue between $91.4 billion and $93.2 billion, higher than the expected $89.1 billion.
• FedEx's recent quarterly earnings report showed a profit of $3.83 per share, surpassing the consensus estimate by $0.12.

FedEx (NYSE:FDX - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 17.200-19.000 for the period, compared to the consensus earnings per share estimate of 18.290. The company issued revenue guidance of $91.4 billion-$93.2 billion, compared to the consensus revenue estimate of $89.1 billion.

FedEx Price Performance

Shares of FDX traded up $5.60 during mid-day trading on Friday, reaching $232.10. The company had a trading volume of 8,378,809 shares, compared to its average volume of 2,232,425. The company's 50 day simple moving average is $228.84 and its 200 day simple moving average is $226.29. FedEx has a 1-year low of $194.29 and a 1-year high of $308.53. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.21 and a current ratio of 1.25. The company has a market capitalization of $54.76 billion, a price-to-earnings ratio of 13.55, a P/E/G ratio of 1.34 and a beta of 1.20.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share for the quarter, beating analysts' consensus estimates of $3.71 by $0.12. FedEx had a net margin of 4.65% and a return on equity of 16.33%. The company had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $21.74 billion. During the same period last year, the company posted $3.60 EPS. The firm's quarterly revenue was up 3.1% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. Analysts expect that FedEx will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be given a dividend of $1.45 per share. The ex-dividend date is Monday, September 8th. This represents a $5.80 annualized dividend and a yield of 2.5%. FedEx's dividend payout ratio (DPR) is currently 34.36%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on FDX shares. Barclays reiterated an "overweight" rating and set a $320.00 target price (down from $330.00) on shares of FedEx in a research report on Wednesday, June 25th. Evercore ISI reiterated an "in-line" rating and set a $243.00 target price (down from $249.00) on shares of FedEx in a research report on Wednesday. Wall Street Zen downgraded shares of FedEx from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. BNP Paribas Exane upgraded shares of FedEx from an "underperform" rating to an "outperform" rating and set a $270.00 target price on the stock in a research report on Thursday, July 3rd. Finally, Sanford C. Bernstein cut their target price on shares of FedEx from $249.00 to $247.00 and set a "market perform" rating on the stock in a research report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, FedEx has a consensus rating of "Moderate Buy" and an average target price of $275.85.

Insider Buying and Selling at FedEx

In other FedEx news, Director R Brad Martin sold 2,123 shares of the business's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $241.75, for a total transaction of $513,235.25. Following the completion of the sale, the director owned 8,935 shares in the company, valued at approximately $2,160,036.25. The trade was a 19.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul S. Walsh sold 3,610 shares of the business's stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $238.29, for a total transaction of $860,226.90. Following the sale, the director owned 15,513 shares of the company's stock, valued at $3,696,592.77. This trade represents a 18.88% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,343 shares of company stock worth $2,228,816. 0.53% of the stock is owned by corporate insiders.

Institutional Trading of FedEx

Institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of FedEx in the 2nd quarter worth $186,000. Garden State Investment Advisory Services LLC bought a new stake in shares of FedEx in the 2nd quarter worth $209,000. Vivaldi Capital Management LP grew its stake in shares of FedEx by 6.4% in the 2nd quarter. Vivaldi Capital Management LP now owns 948 shares of the shipping service provider's stock worth $215,000 after acquiring an additional 57 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its holdings in shares of FedEx by 4.1% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 1,163 shares of the shipping service provider's stock worth $264,000 after buying an additional 46 shares during the last quarter. Finally, State of Wyoming purchased a new position in shares of FedEx in the 2nd quarter worth about $392,000. Institutional investors own 84.47% of the company's stock.

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.