FedEx Company Profile (NYSE:FDX)

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

FedEx declared a quarterly dividend on Monday, June 12th. Stockholders of record on Thursday, June 22nd will be given a dividend of $0.50 per share on Thursday, July 6th. This represents a $2.00 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Tuesday, June 20th. This is an increase from FedEx's previous quarterly dividend of $0.40. View FedEx's Dividend History.

FedEx Co. (NYSE:FDX) posted its quarterly earnings data on Tuesday, June, 20th. The company reported $4.25 EPS for the quarter, topping analysts' consensus estimates of $3.88 by $0.37. The business earned $15.70 billion during the quarter, compared to analyst estimates of $15.56 billion. FedEx had a return on equity of 26.18% and a net margin of 6.49%. FedEx's revenue for the quarter was up 21.0% on a year-over-year basis. During the same period in the previous year, the business posted $3.30 EPS. View FedEx's Earnings History.

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

FedEx updated its FY18 earnings guidance on Tuesday, June, 20th. The company provided EPS guidance of $13.20-14.00 for the period, compared to the Thomson Reuters consensus estimate of $13.58.

24 brokerages have issued 1-year target prices for FedEx's stock. Their predictions range from $135.00 to $246.00. On average, they expect FedEx's share price to reach $218.98 in the next twelve months. View Analyst Ratings for FedEx.

Here are some recent quotes from research analysts about FedEx 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 include Redt Energy PLC (CCE), Relx PLC (REL), Precision Castparts Corp. (PCP), Ryanair Holdings Plc (RYA), BAE Systems plc (BA), Rolls-Royce Holding PLC (RR), International Consolidated Airlns Grp SA (IAG), CNH Industrial NV (CNHI), Experian plc (EXPN), Pall (PLL), Ashtead Group plc (AHT), Bunzl plc (BNZL), Intertek Group plc (ITRK), Smiths Group plc (SMIN), Worldpay Group PLC (WPG), Allison Transmission Holdings (ALSN), easyJet plc (EZJ) and Rentokil Initial plc (RTO).

FedEx'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's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.73%), Primecap Management Co. CA (5.88%), BlackRock Inc. (5.54%), State Street Corp (3.82%), Wellington Management Group LLP (1.87%) and FMR LLC (1.69%). Company insiders that own FedEx 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.

FedEx's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, FMR LLC, Prudential Financial Inc., Morgan Stanley, Columbus Circle Investors, LSV Asset Management, OppenheimerFunds Inc. and British Airways Pensions Investment Management Ltd. Company insiders that have sold FedEx 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.

FedEx's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Pioneer Investment Management Inc., Nordea Investment Management AB, Macquarie Group Ltd., TIAA CREF Investment Management LLC, Manning & Napier Advisors LLC and Scopus Asset Management L.P.. View Insider Buying and Selling for FedEx.

Shares of FedEx 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 stock can currently be purchased for approximately $215.36.