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 Monday, June 12th. Shareholders of record on Thursday, June 22nd will be paid a dividend of $0.50 per share on Thursday, July 6th. This represents a $2.00 annualized dividend and a yield of 0.94%. The ex-dividend date is Tuesday, June 20th. This is an increase from FedEx Corporation's previous quarterly dividend of $0.40. View FedEx Corporation's Dividend History.

FedEx Corporation (NYSE:FDX) released its quarterly earnings data on Tuesday, June, 20th. The company reported $4.25 EPS for the quarter, beating the consensus estimate of $3.88 by $0.37. The company earned $15.70 billion during the quarter, compared to analyst estimates of $15.56 billion. FedEx Corporation had a return on equity of 22.19% and a net margin of 4.97%. The business's revenue for the quarter was up 21.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.30 EPS. View FedEx Corporation's Earnings History.

FedEx Corporation is scheduled to release their next quarterly earnings announcement on Monday, September, 18th 2017. View Earnings Estimates for FedEx Corporation.

FedEx Corporation issued an update on its FY18 earnings guidance on Tuesday, June, 20th. The company provided earnings per share (EPS) guidance of $13.20-14.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $13.58.

23 brokerages have issued 1 year target prices for FedEx Corporation's shares. Their forecasts range from $135.00 to $246.00. On average, they expect FedEx Corporation's stock price to reach $221.88 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, "We note that shares of FedEx have performed better than the Zacks categorized  Transportation- Air Freight industry in the last one month. Shares of FedEx  have gained 6.3%, while the industry appreciated 2.1%. FedEx's bullish view for the fourth quarter of fiscal 2017 is encouraging.  We expect the company to perform impressively in the fiscal fourth quarter driven by its Ground unit. Detailed results should be out on Jun 20. We are also impressed by the company's decision to reward shareholders through dividend payments and share buybacks. The strong growth of e-commerce should also aid the company. FedEx's expansion related efforts also raise optimism. However, headwinds like high costs raise concerns." (6/7/2017)
• 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), CSX Corporation (CSX), Deutsche Post AG (DPSGY), Delta Air Lines (DAL), Southwest Airlines Company (LUV), Norfolk Souther Corporation (NSC), Ryanair Holdings PLC (RYAAY), American Airlines Group (AAL), Canadian Pacific Railway Limited (CP), United Continental Holdings (UAL), A P MOLLAR-MRSK (AMKBY), International Consoltd Airlns Grp SA (ICAGY), Gol Linhas Aereas Inteligentes S.A. (GOL), ANA Holdings (ALNPY), Kansas City Southern (KSU) and Alaska Air Group (ALK).

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
• 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 many different of institutional and retail investors. Top institutional investors include Manning & Napier Advisors LLC (0.37%), Bank of Montreal Can (0.35%), Factory Mutual Insurance Co. (0.15%), APG Asset Management N.V. (0.13%), Cornerstone Investment Partners LLC (0.12%) and SPF Beheer BV (0.12%). 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, 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 Bank of Montreal Can, James Investment Research Inc., PGGM Investments, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Sit Investment Associates Inc., Central Bank & Trust Co., Bedrijfstakpensioenfonds Voor DE Media PNO and Quantitative Systematic Strategies LLC. 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, 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 purchased by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Trinity Street Asset Management LLP, Factory Mutual Insurance Co., Cornerstone Investment Partners LLC, Mn Services Vermogensbeheer B.V., AMI Asset Management Corp, National Pension Service and Abner Herrman & Brock LLC. 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 $212.68.