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

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for United Parcel Service in the last twelve months. There are currently 3 sell ratings, 7 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" UPS shares.
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24 equities research analysts have issued 1-year target prices for United Parcel Service's shares. Their UPS share price forecasts range from $100.00 to $225.00. On average, they predict the company's share price to reach $191.23 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
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United Parcel Service's stock was trading at $173.84 at the beginning of the year. Since then, UPS stock has decreased by 1.3% and is now trading at $171.50.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
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United Parcel Service, Inc. (NYSE:UPS) posted its quarterly earnings results on Tuesday, April, 25th. The transportation company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. The transportation company earned $22.93 billion during the quarter, compared to analysts' expectations of $22.98 billion. United Parcel Service had a trailing twelve-month return on equity of 57.68% and a net margin of 10.90%. The business's revenue was down 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.05 earnings per share.
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United Parcel Service announced a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Monday, May 15th will be paid a dividend of $1.62 per share on Thursday, June 1st. This represents a $6.48 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Friday, May 12th.
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), Industrial Select Sector SPDR Fund (XLI), ProShares Supply Chain Logistics ETF (SUPL), USCF Dividend Income Fund (UDI) and AdvisorShares Drone Technology ETF (UAV).

United Parcel Service (NYSE:UPS) pays an annual dividend of $6.48 per share and currently has a dividend yield of 3.81%. 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 52.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UPS will have a dividend payout ratio of 56.84% 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 of Directors has authorized a stock repurchase program on Tuesday, January 31st 2023, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its shares are undervalued.

United Parcel Service issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $97.00 billion-$97.00 billion, compared to the consensus revenue estimate of $98.13 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 shareholders include BlackRock Inc. (6.48%), State Street Corp (3.26%), FMR LLC (2.04%), Charles Schwab Investment Management Inc. (1.74%), Geode Capital Management LLC (1.54%) and Ameriprise Financial Inc. (1.05%). Insiders that own company stock include Brian Newman, David P Abney, Juan R Perez, Kathleen M Gutmann, Kevin M Warren, Laura J Lane, Laura J Lane, 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 $171.50.

United Parcel Service (NYSE:UPS) has a market capitalization of $147.30 billion and generates $98.89 billion in revenue each year. The transportation company earns $11.55 billion in net income (profit) each year or $12.36 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.