FedEx - FDX Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last year. There are currently 11 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FDX shares.
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22 equities research analysts have issued 1 year target prices for FedEx's shares. Their FDX share price forecasts range from $130.00 to $333.00. On average, they anticipate the company's stock price to reach $203.92 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
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FedEx's stock was trading at $258.64 at the beginning of the year. Since then, FDX stock has decreased by 33.5% and is now trading at $171.91.
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FedEx saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 5,570,000 shares, a decline of 29.3% from the October 31st total of 7,880,000 shares. Based on an average trading volume of 3,970,000 shares, the short-interest ratio is presently 1.4 days. Currently, 2.3% of the shares of the company are short sold.
View FedEx's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 15th 2022.
View our FDX earnings forecast.

FedEx Co. (NYSE:FDX) issued its quarterly earnings data on Thursday, September, 22nd. The shipping service provider reported $3.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.43 by $0.01. The shipping service provider earned $23.20 billion during the quarter, compared to analysts' expectations of $23.78 billion. FedEx had a trailing twelve-month return on equity of 20.95% and a net margin of 3.79%. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $4.37 EPS.
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FedEx declared a quarterly dividend on Friday, November 18th. Investors of record on Monday, December 12th will be given a dividend of $1.15 per share on Tuesday, January 3rd. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.68%. 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 2.67%. 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 33.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FDX will have a dividend payout ratio of 26.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FDX.

FedEx declared that its Board of Directors has approved a stock repurchase plan on Thursday, December 16th 2021, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

FedEx issued an update on its first quarter 2023 earnings guidance on Thursday, October, 20th. The company provided EPS guidance of $3.44-$3.44 for the period, compared to the consensus estimate of $5.14. The company issued revenue guidance of $23.20 billion-$23.20 billion, compared to the consensus revenue estimate of $23.58 billion.

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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.24%), BlackRock Inc. (6.46%), Primecap Management Co. CA (5.33%), State Street Corp (3.65%), Price T Rowe Associates Inc. MD (1.56%) and Citadel Advisors LLC (0.00%). 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.
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One share of FDX stock can currently be purchased for approximately $171.91.

FedEx (NYSE:FDX) has a market capitalization of $44.73 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 $13.54 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.