United Parcel Service (UPS) Stock Forecast, Price & News

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for United Parcel Service in the last twelve months. There are currently 3 sell ratings, 14 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UPS, but not buy additional shares or sell existing shares.
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26 analysts have issued 1-year price objectives for United Parcel Service's shares. Their UPS share price forecasts range from $100.00 to $225.00. On average, they anticipate the company's share price to reach $186.89 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
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United Parcel Service's stock was trading at $173.84 at the start of the year. Since then, UPS shares have decreased by 11.5% and is now trading at $153.78.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our UPS earnings forecast.

United Parcel Service will be holding an earnings conference call on Thursday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

United Parcel Service, Inc. (NYSE:UPS) posted its quarterly earnings results on Tuesday, August, 8th. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.05. The transportation company earned $22.10 billion during the quarter, compared to the consensus estimate of $23.04 billion. United Parcel Service had a net margin of 10.41% and a trailing twelve-month return on equity of 51.28%. The company's revenue was down 10.9% on a year-over-year basis. During the same period in the prior year, the company posted $3.29 earnings per share.
Read the conference call transcript.

United Parcel Service declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Monday, August 14th will be given a dividend of $1.62 per share on Thursday, August 31st. This represents a $6.48 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Friday, August 11th.
Read our dividend analysis for UPS.

ETFs with the largest weight of United Parcel Service (NYSE:UPS) stock in their portfolio include iShares U.S. Transportation ETF (IYT), Direxion Daily Transportation Bull 3X Shares (TPOR), Pacer Industrials and Logistics ETF (SHPP), First Trust Nasdaq Transportation ETF (FTXR), ProShares Supply Chain Logistics ETF (SUPL), Amplify YieldShares CWP Dividend & Option Income ETF (DIVO), Industrial Select Sector SPDR Fund (XLI) and Schwab US Dividend Equity ETF (SCHD).

United Parcel Service (NYSE:UPS) pays an annual dividend of $6.48 per share and currently has a dividend yield of 4.21%. UPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 56.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UPS will have a dividend payout ratio of 63.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UPS.

United Parcel Service declared that its board has approved a share repurchase plan on Tuesday, January 31st 2023, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its shares are undervalued.

United Parcel Service updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $93.00 billion-$93.00 billion, compared to the consensus revenue estimate of $96.77 billion.

4,404 employees have rated United Parcel Service Chief Executive Officer David Abney on Glassdoor.com. David Abney has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other United Parcel Service investors own include Johnson & Johnson (JNJ), AT&T (T), Walt Disney (DIS), NVIDIA (NVDA), Walmart (WMT), Verizon Communications (VZ), Intel (INTC), JPMorgan Chase & Co. (JPM), FedEx (FDX) and Pfizer (PFE).

United Parcel Service trades on the New York Stock Exchange (NYSE) under the ticker symbol "UPS."

United Parcel Service's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (3.30%), Charles Schwab Investment Management Inc. (1.78%), Geode Capital Management LLC (1.58%), Northern Trust Corp (0.98%), Franklin Resources Inc. (0.90%) and Bank of New York Mellon Corp (0.74%). Insiders that own company stock include Brian Newman, Juan R Perez, Kathleen M Gutmann, Kevin M Warren, Laura J Lane, Laura J Lane, Nando Cesarone, Norman M Brothers Jr, Norman M Brothers, Jr, Philippe R Gilbert, Russell Stokes and Wayne M Hewett.
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Shares of UPS 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 UPS stock can currently be purchased for approximately $153.78.

United Parcel Service (NYSE:UPS) has a market capitalization of $131.40 billion and generates $100.34 billion in revenue each year. The transportation company earns $11.55 billion in net income (profit) each year or $11.53 on an earnings per share basis.

The company employs 536,000 workers across the globe.

United Parcel Service's mailing address is 55 GLENLAKE PARKWAY NE, ATLANTA GA, 30328. The official website for the company is www.ups.com. The transportation company can be reached via phone at (404) 828-6000, via email at investor@ups.com, or via fax at 404-828-7666.