FedEx Corporation Company Profile (NYSE:FDX)

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

FedEx Corporation declared a quarterly dividend on Friday, August 18th. Investors of record on Monday, September 11th will be given a dividend of $0.50 per share on Monday, October 2nd. This represents a $2.00 annualized dividend and a yield of 0.91%. The ex-dividend date is Friday, September 8th. View FedEx Corporation's Dividend History.

FedEx Corporation (NYSE:FDX) released its quarterly earnings results on Tuesday, September, 19th. The company reported $2.51 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $3.17 by $0.66. The company earned $15.30 billion during the quarter, compared to the consensus estimate of $15.35 billion. FedEx Corporation had a return on equity of 20.69% and a net margin of 4.72%. The company's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.90 EPS. View FedEx Corporation's Earnings History.

FedEx Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, December, 19th 2017. View Earnings Estimates for FedEx Corporation.

FedEx Corporation issued an update on its FY18 earnings guidance on Tuesday, September, 19th. The company provided earnings per share guidance of $12.00-12.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $13.38.

23 equities research analysts have issued 1 year target prices for FedEx Corporation's shares. Their predictions range from $135.00 to $260.00. On average, they expect FedEx Corporation's share price to reach $226.02 in the next twelve months. View Analyst Ratings for FedEx Corporation.

Here are some recent quotes from research analysts about FedEx Corporation stock:

• 1. According to Zacks Investment Research, "Shares of FedEx have underperformed the industry it belongs to as well as rival United Parcel Service in the last three months. While the stock has gained 2.3%, the industry has advanced 6.1%. Shares of rival, United Parcel Service, have gained 7.8% in the period. Adding to its woes, FedEx performed disappointingly in the first quarter of fiscal 2018, reporting lower-than-expected revenues and earnings per share. Results were hurt by the cyberattack in June . Harvey and costs related to the integration process of TNT Express also dented results. We are, however, impressed by the company's decision to reward shareholders through dividend payments and share buybacks. The growth in e-commerce is also a positive.Results were&" (9/26/2017)
• 2. Stifel Nicolaus analysts commented, "FedEx reported F3Q17 EPS of $2.35, short of our $2.56 estimate and the Street consensus estimate of $2.62. The company cited a significant negative net impact of fuel as the primary reason for the shortfall. But more importantly, in our view, in its Outlook section, management said it is targeting $1.2bn-$1.5bn in operating profit improvement (~$2.90-$3.60 in EPS) at FedEx Express from FY17-FY20 due largely to TNT synergies but also to its aircraft fleet replacement program, continued economic growth, yield management (better pricing), and other factors. The tone of the call was upbeat and positive, as we are now in a quarter the company believes should exceed current expectations. The stock should move higher from here, in our view, on the strong Express margin targets, but we remain Hold-rated, as the next several years are far from certain." (3/22/2017)
• 3. Deutsche Bank AG analysts commented, "FDX's fiscal 3Q release and call, while not perfect, provided enough data points to reinforce our positive thesis on FDX shares. Express earnings, which account for 55% of total company profits, are expected to increase by 40-50% over the next three years (equating to $1.2-1.5B of add'l operating earnings); this year's capex was lowered by $300M; and Ground margins are on an upward trajectory (15%+ guidance in F'4Q and we expect modest expansion in F'18). Net/net we'd characterize the aforementioned data points as ahead of expectations, particularly around Express profit improvement, and translate to strong double-digit EPS growth in F'18E and beyond." (3/22/2017)
• 4. Cowen and Company analysts commented, "FedEx reported what can only be described as disappointing 3FQ17 results, falling short of our expectations and the consensus estimates. We believe this is the last difficult y/y comparison, and current quarter results should show significant y/y and sequential improvement. We reiterate our Outperform." (3/22/2017)

Some companies that are related to FedEx Corporation include United Parcel Service (UPS), Union Pacific Corporation (UNP), Canadian National Railway Company (CNI), Deutsche Post AG (DPSGY), CSX Corporation (CSX), Norfolk Souther Corporation (NSC), Delta Air Lines (DAL), Southwest Airlines Company (LUV), Ryanair Holdings PLC (RYAAY), Canadian Pacific Railway Limited (CP), American Airlines Group (AAL), A P MOLLAR-MRSK (AMKBY), United Continental Holdings (UAL), International Consoltd Airlns Grp SA (ICAGY), ANA Holdings (ALNPY), Deutsche Lufthansa AG (DLAKY), J.B. Hunt Transport Services (JBHT) and Kansas City Southern (KSU).

FedEx Corporation's management team includes the folowing people:

• Frederick W. Smith, Chairman of the Board, Chief Executive Officer
• David J. Bronczek, President, Chief Operating Officer
• Alan B. Graf Jr., Chief Financial Officer, Executive Vice President
• David L. Cunningham Jr., President and Chief Executive Officer of FedEx Express
• Michael L. Ducker, President and Chief Executive Officer of FedEx Freight Corporation
• Henry J. Maier, President and Chief Executive Officer of FedEx Ground
• Robert B. Carter, Chief Information Officer, Executive Vice President - FedEx Information Services
• Rajesh Subramaniam, Executive Vice President, Chief Marketing and Communications Officer
• Christine P. Richards, Executive Vice President, General Counsel, Secretary
• Donald F. Colleran, Executive Vice President, Chief Sales Officer

FedEx Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.89%), BlackRock Inc. (5.42%), Dodge & Cox (4.24%), State Street Corp (3.74%), Southeastern Asset Management Inc. TN (1.76%) and FMR LLC (1.69%). Company insiders that own FedEx Corporation stock include Alan B Graf Jr, Alan B Graf, Jr, Christine P Richards, David J Bronczek, David L Cunningham Jr, Donald F Colleran, Frederick W Smith, Henry J Maier, John A Edwardson, John L Merino, Kim Jabal, Michael L Ducker, Paul S Walsh, Rajesh Subramaniam, Robert B Carter, Shirley A Jackson and T Michael Glenn. View Institutional Ownership Trends for FedEx Corporation.

FedEx Corporation's stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Southeastern Asset Management Inc. TN, Jennison Associates LLC, BlackRock Inc., Strs Ohio, State Street Corp, Arrowstreet Capital Limited Partnership and Russell Investments Group Ltd.. Company insiders that have sold FedEx Corporation stock in the last year include Alan B Graf Jr, Christine P Richards, David J Bronczek, David L Cunningham Jr, Donald F Colleran, Frederick W Smith, Henry J Maier, John A Edwardson, John L Merino, Kim Jabal, Michael L Ducker, Paul S Walsh, Rajesh Subramaniam, Robert B Carter and Shirley A Jackson. View Insider Buying and Selling for FedEx Corporation.

FedEx Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC, Davis Selected Advisers, Janus Henderson Group PLC, Manning & Napier Advisors LLC, Jackson Square Partners LLC, Winslow Capital Management LLC, TIAA CREF Investment Management LLC and Capital World Investors. View Insider Buying and Selling for FedEx Corporation.

Shares of FedEx Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FedEx Corporation stock can currently be purchased for approximately $219.21.