FedEx - FDX Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last twelve months. There are currently 12 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FDX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FDX, but not buy additional shares or sell existing shares.
View FDX analyst ratings or view top-rated stocks.

23 Wall Street research analysts have issued 12 month target prices for FedEx's shares. Their FDX share price forecasts range from $145.00 to $333.00. On average, they predict the company's share price to reach $205.52 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for FDX or view top-rated stocks among Wall Street analysts.

FedEx's stock was trading at $173.20 on January 1st, 2023. Since then, FDX stock has increased by 11.9% and is now trading at $193.86.
View the best growth stocks for 2023 here.

FedEx saw a decline in short interest in January. As of January 15th, there was short interest totaling 4,580,000 shares, a decline of 12.4% from the December 31st total of 5,230,000 shares. Based on an average trading volume of 2,530,000 shares, the short-interest ratio is currently 1.8 days. Currently, 2.0% of the company's shares are sold short.
View FedEx's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our FDX earnings forecast.

FedEx Co. (NYSE:FDX) announced its quarterly earnings results on Tuesday, December, 20th. The shipping service provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.41. The shipping service provider earned $22.81 billion during the quarter, compared to the consensus estimate of $23.66 billion. FedEx had a trailing twelve-month return on equity of 19.17% and a net margin of 3.54%.

FedEx announced a quarterly dividend on Friday, November 18th. Stockholders of record on Monday, December 12th will be paid a dividend of $1.15 per share on Tuesday, January 3rd. This represents a $4.60 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Friday, December 9th.
Read our dividend analysis for FDX.

FedEx (NYSE:FDX) pays an annual dividend of $4.60 per share and currently has a dividend yield of 2.41%. The company 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 is 36.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FDX will have a dividend payout ratio of 27.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FDX.

FedEx announced that its board has authorized a stock buyback program 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 purchase up to 7.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

FedEx updated its FY 2023 earnings guidance on Tuesday, December, 20th. The company provided earnings per share (EPS) guidance of $13.00-$14.00 for the period, compared to the consensus earnings per share estimate of $14.08. The company issued revenue guidance of -.

2,546 employees have rated FedEx Chief Executive Officer Fred Smith on Glassdoor.com. Fred Smith has an approval rating of 83% among the company's employees.

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 variety of institutional and retail investors. Top institutional shareholders include International Assets Investment Management LLC (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Bristol John W & Co. Inc. NY (0.26%), Focused Investors LLC (0.24%), New York State Common Retirement Fund (0.21%) and Value Partners Investments Inc. (0.16%). Insiders that own company stock include Alan B Graf Jr, Amy B Lane, 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, Susan C Schwab and Vincenzo J Vena.
View institutional ownership trends.

Shares of FDX stock 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.
Compare Top Brokerages Here.

One share of FDX stock can currently be purchased for approximately $193.86.

FedEx (NYSE:FDX) has a market capitalization of $48.93 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 $12.73 on an earnings per share basis.

The company employs 249,000 workers across the globe.

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