NYSE:FDXFedEx Stock Price, Forecast & News

FedEx's stock was trading at $111.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FDX shares have increased by 42.9% and is now trading at $158.59. View which stocks have been most impacted by Coronavirus.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last year. There are currently 1 sell rating, 11 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FedEx.

FedEx is scheduled to release its next quarterly earnings announcement on Tuesday, September 15th 2020. View our earnings forecast for FedEx.

FedEx Co. (NYSE:FDX) released its quarterly earnings results on Tuesday, June, 30th. The shipping service provider reported $2.53 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.42 by $1.11. The shipping service provider had revenue of $17.36 billion for the quarter, compared to the consensus estimate of $16.54 billion. FedEx had a net margin of 1.86% and a return on equity of 13.49%. The business's revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $5.01 earnings per share. View FedEx's earnings history.

FedEx announced a quarterly dividend on Monday, June 15th. Investors of record on Monday, June 29th will be paid a dividend of $0.65 per share on Monday, July 13th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, June 26th. View FedEx's dividend history.

28 brokers have issued twelve-month price objectives for FedEx's shares. Their forecasts range from $100.00 to $194.00. On average, they expect FedEx's share price to reach $162.17 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View analysts' price targets for FedEx.

Headlines about FDX stock have trended negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. FedEx earned a coverage optimism score of -2.4 on InfoTrie's scale. They also gave press coverage about the shipping service provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about FedEx.

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), Air Transport Services Group (ATSG), Forward Air (FWRD), Atlas Air Worldwide (AAWW), Echo Global Logistics (ECHO) and Park-Ohio (PKOH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other FedEx investors own include Boeing (BA), Walt Disney (DIS), Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Home Depot (HD), Visa (V), JPMorgan Chase & Co. (JPM) and Johnson & Johnson (JNJ).

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

FedEx's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%), Envestnet Asset Management Inc. (0.03%), Founders Capital Management LLC (0.02%), Diversified Trust Co (0.02%), Wedge Capital Management L L P NC (0.02%) and M&R Capital Management Inc. (0.02%). Company insiders that own FedEx stock include Alan B Graf Jr, David P Steiner, Frederick W Smith, John A Edwardson, John L Merino, Paul S Walsh, R Brad Martin, Robert B Carter, Susan C Schwab and Susan Patricia Griffith. View institutional ownership trends for FedEx.

FDX stock was sold by a variety of institutional investors in the last quarter, including Private Trust Co. NA, M&R Capital Management Inc., Whittier Trust Co., Patriot Financial Group Insurance Agency LLC, Triangle Securities Wealth Management, Carnegie Capital Asset Management LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Bangor Savings Bank. Company insiders that have sold FedEx company stock in the last year include Alan B Graf Jr, Frederick W Smith, Paul S Walsh, Robert B Carter, and Susan C Schwab. View insider buying and selling activity for FedEx.

FDX stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Unison Advisors LLC, Cox Capital Mgt LLC, Cottage Street Advisors LLC, Richard P Slaughter Associates Inc, Wedge Capital Management L L P NC, and DNB Asset Management AS. Company insiders that have bought FedEx stock in the last two years include David P Steiner, John A Edwardson, R Brad Martin, and Susan Patricia Griffith. View insider buying and selling activity for FedEx.

Shares of FDX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FDX stock can currently be purchased for approximately $158.59.

FedEx has a market capitalization of $41.43 billion and generates $69.22 billion in revenue each year. The shipping service provider earns $1.29 billion in net income (profit) each year or $9.50 on an earnings per share basis. FedEx employs 239,000 workers across the globe.

The official website for FedEx is www.fedex.com.

FedEx's mailing address is 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN, 38120. The shipping service provider can be reached via phone at 901-818-7500 or via email at [email protected]