Zacks Research Issues Positive Outlook for FedEx Earnings

Key Points

• Analysts at Zacks Research have revised their Q2 2026 earnings estimate for FedEx up to $3.89 per share, indicating a positive outlook for the company.
• FedEx recently reported quarterly earnings of $3.83 EPS, exceeding expectations, with total revenue of $22.20 billion, a 3.1% increase from the previous year.
• The consensus rating for FedEx stock is a "Moderate Buy" with a target price of $271.25 according to analyst reports.

FedEx Corporation (NYSE:FDX - Free Report) - Investment analysts at Zacks Research increased their Q2 2026 earnings estimates for shares of FedEx in a research report issued to clients and investors on Thursday, October 9th. Zacks Research analyst Team now expects that the shipping service provider will post earnings of $3.89 per share for the quarter, up from their previous estimate of $3.81. The consensus estimate for FedEx's current full-year earnings is $19.14 per share. Zacks Research also issued estimates for FedEx's Q3 2026 earnings at $3.67 EPS, FY2026 earnings at $17.56 EPS, Q2 2027 earnings at $3.88 EPS, Q3 2027 earnings at $5.16 EPS, Q4 2027 earnings at $5.24 EPS and FY2028 earnings at $17.94 EPS.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings data on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.71 by $0.12. FedEx had a net margin of 4.65% and a return on equity of 16.33%. The firm had revenue of $22.20 billion during the quarter, compared to analysts' expectations of $21.74 billion. During the same period last year, the business earned $3.60 earnings per share. FedEx's 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.

Other equities research analysts have also recently issued reports about the stock. Wells Fargo & Company lifted their price target on shares of FedEx from $235.00 to $250.00 and gave the company an "equal weight" rating in a research report on Friday, September 19th. Evercore ISI lowered their price objective on FedEx from $243.00 to $239.00 in a research report on Friday, September 19th. Sanford C. Bernstein raised their price target on FedEx from $247.00 to $250.00 and gave the company a "market perform" rating in a research note on Monday, September 22nd. JPMorgan Chase & Co. restated a "neutral" rating and set a $274.00 price objective (down previously from $284.00) on shares of FedEx in a research report on Wednesday. Finally, Raymond James Financial reissued an "outperform" rating and issued a $255.00 target price on shares of FedEx in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $271.25.

FedEx Price Performance

NYSE:FDX opened at $236.90 on Friday. The stock's fifty day moving average is $230.61 and its two-hundred day moving average is $226.00. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $55.90 billion, a P/E ratio of 13.83, a P/E/G ratio of 1.33 and a beta of 1.28. FedEx has a 52 week low of $194.29 and a 52 week high of $308.53.

Institutional Investors Weigh In On FedEx

Large investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new stake in FedEx during the 2nd quarter valued at $28,000. NewSquare Capital LLC lifted its holdings in shares of FedEx by 121.8% during the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider's stock worth $28,000 after acquiring an additional 67 shares during the period. Abound Financial LLC acquired a new position in shares of FedEx in the 1st quarter valued at $38,000. WPG Advisers LLC acquired a new position in FedEx in the first quarter valued at $43,000. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in shares of FedEx by 60.7% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider's stock worth $46,000 after purchasing an additional 71 shares during the period. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Monday, September 8th were given a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, September 8th. FedEx's dividend payout ratio (DPR) is presently 33.86%.

About FedEx

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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