FedEx Stock Forecast, Price & News

20 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" FedEx stock.
View analyst ratings for FedEx or view top-rated stocks.

20 equities research analysts have issued 1-year price objectives for FedEx's shares. Their FDX stock forecasts range from $245.00 to $339.00. On average, they expect FedEx's stock price to reach $298.95 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price.
View analysts' price targets for FedEx or view top-rated stocks among Wall Street analysts.

FedEx's stock was trading at $258.64 at the beginning of 2022. Since then, FDX shares have decreased by 9.6% and is now trading at $233.81.
View the best growth stocks for 2022 here.

FedEx saw a increase in short interest in the month of 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 trading volume of 2,530,000 shares, the short-interest ratio is presently 1.7 days. Approximately 1.8% of the shares of the stock are short sold.
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) issued its earnings results on Thursday, June, 23rd. The shipping service provider reported $6.87 earnings per share for the quarter, topping the consensus estimate 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 previous year, the company earned $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 given a dividend of $1.15 per share on Monday, July 11th. This represents a $4.60 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date 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 1.92%. 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 announced 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 purchase up to 7.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

FedEx updated its FY 2023 earnings guidance on Thursday, June, 30th. The company provided EPS guidance of $22.50-$24.50 for the period, compared to the consensus EPS estimate of $22.41. The company issued revenue guidance of -.

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), Atlas Air Worldwide (AAWW), Rocket Lab USA (RKLB) 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."

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.
Compare Top Brokerages Here.

One share of FDX stock can currently be purchased for approximately $233.81.

FedEx (NYSE:FDX) has a market capitalization of $60.60 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].