FedEx Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last year. There are currently 3 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FedEx stock.
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20 Wall Street research analysts have issued 1 year target prices for FedEx's stock. Their FDX stock forecasts range from $245.00 to $339.00. On average, they anticipate FedEx's stock price to reach $298.95 in the next year. This suggests a possible upside of 23.8% from the stock's current price.
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FedEx's stock was trading at $258.64 at the beginning of 2022. Since then, FDX stock has decreased by 6.6% and is now trading at $241.56.
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FedEx saw a increase in short interest in May. As of May 15th, there was short interest totaling 4,210,000 shares, an increase of 26.0% from the April 30th total of 3,340,000 shares. Based on an average daily trading volume, of 2,530,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.8% of the shares of the stock are sold short.
View FedEx's Short Interest.

FedEx is scheduled to release its next quarterly earnings announcement on Tuesday, September 20th 2022.
View our earnings forecast for FedEx.

FedEx Co. (NYSE:FDX) posted its earnings results on Thursday, June, 23rd. The shipping service provider reported $6.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.80 by $0.07. FedEx had a trailing twelve-month return on equity of 22.29% and a net margin of 4.09%. During the same quarter in the prior year, the firm posted $5.01 earnings per share.
View FedEx's earnings history.

FedEx announced a quarterly dividend on Tuesday, June 14th. Investors of record on Monday, June 27th will be paid a dividend of $1.15 per share on Monday, July 11th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend is Friday, June 24th. This is an increase from FedEx's previous quarterly dividend of $0.75.
View FedEx's dividend history.

FedEx(NYSE:FDX) pays an annual dividend of $4.60 per share and currently has a dividend yield of 1.89%. FedEx has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of FedEx is 32.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FedEx will have a dividend payout ratio of 18.41% next year. This indicates that FedEx will be able to sustain or increase its dividend.
View FedEx's dividend history.

FedEx declared that its board has approved a share buyback plan on Thursday, December 16th 2021, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

FedEx updated its FY23 earnings guidance on Saturday, June, 25th. The company provided EPS guidance of $22.50-24.50 for the period, compared to the consensus earnings per share estimate of $22.40.

2,546 employees have rated FedEx CEO Fred Smith on Glassdoor.com. Fred Smith has an approval rating of 83% among FedEx's employees.

Some companies that are related to FedEx include United Parcel Service (UPS), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Forward Air (FWRD), Air Transport Services Group (ATSG), Rocket Lab USA (RKLB), Atlas Air Worldwide (AAWW) and Park-Ohio (PKOH).
View all of FDX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other FedEx investors own include NVIDIA (NVDA), Alibaba Group (BABA), Boeing (BA), Walt Disney (DIS), Netflix (NFLX), Intel (INTC), Tesla (TSLA), Home Depot (HD), Johnson & Johnson (JNJ) and United Parcel Service (UPS).

FedEx trades on the New York Stock Exchange (NYSE) under the ticker symbol "FDX."

FedEx's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.25%), BlackRock Inc. (6.35%), Primecap Management Co. CA (5.11%), State Street Corp (3.85%), Northern Trust Corp (1.01%) and Dimensional Fund Advisors LP (0.93%). Company insiders that own FedEx stock include Alan B Graf Jr, Brie Carere, David P Steiner, Donald F Colleran, Frederick W Smith, Frederick W Smith, Henry J Maier, Jill Brannon, John A Edwardson, John Alan Smith, John L Merino, Joshua Cooper Ramo, Kim Jabal, Mark R Allen, Marvin R Ellison, Michael C Lenz, Paul S Walsh, Philip Ryan Sr Barros, R Brad Martin, Rajesh Subramaniam, Robert B Carter, Robert B Carter, Shirley A Jackson and Susan C Schwab.
View institutional ownership trends for FedEx.

FDX stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Capital World Investors, IMC Chicago LLC, Twin Tree Management LP, Jennison Associates LLC, Migdal Insurance & Financial Holdings Ltd., Canada Pension Plan Investment Board, and Neuberger Berman Group LLC. Company insiders that have sold FedEx company stock in the last two years include Brie Carere, David P Steiner, Donald F Colleran, Frederick W Smith, Henry J Maier, Jill Brannon, John Alan Smith, John L Merino, Joshua Cooper Ramo, Kim Jabal, Mark R Allen, Michael C Lenz, Paul S Walsh, Philip Ryan Sr Barros, R Brad Martin, Rajesh Subramaniam, Robert B Carter, Shirley A Jackson, and Susan C Schwab.
View insider buying and selling activity for FedEx or view top insider-selling stocks.

FDX stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Los Angeles Capital Management LLC, Vanguard Group Inc., Invesco Ltd., Bank of Montreal Can, Bank of Nova Scotia, LSV Asset Management, and Kiltearn Partners LLP. Company insiders that have bought FedEx stock in the last two years include Kim Jabal, and Marvin R Ellison.
View insider buying and selling activity for FedEx or or view top insider-buying stocks.

Shares of FDX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FDX stock can currently be purchased for approximately $241.56.

FedEx (NYSE:FDX) has a market capitalization of $62.61 billion and generates $93.51 billion in revenue each year. The shipping service provider earns $3.83 billion in net income (profit) each year or $14.30 on an earnings per share basis.

FedEx employs 289,000 workers across the globe.

FedEx was founded in 1971.

FedEx's mailing address is 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN, 38120. The official website for FedEx is www.fedex.com. The shipping service provider can be reached via phone at (901) 818-7500 or via email at [email protected].