United Parcel Service - UPS Stock Forecast, Price & News

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for United Parcel Service in the last twelve months. There are currently 4 sell ratings, 9 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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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27 Wall Street analysts have issued 12-month price targets for United Parcel Service's shares. Their UPS share price forecasts range from $100.00 to $272.00. On average, they anticipate the company's share price to reach $195.48 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
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United Parcel Service's stock was trading at $173.84 at the beginning of 2023. Since then, UPS stock has increased by 9.8% and is now trading at $190.85.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
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United Parcel Service, Inc. (NYSE:UPS) posted its quarterly earnings data on Tuesday, January, 31st. The transportation company reported $3.62 earnings per share for the quarter, topping the consensus estimate of $3.59 by $0.03. The transportation company earned $27 billion during the quarter, compared to analysts' expectations of $28.03 billion. United Parcel Service had a net margin of 11.51% and a trailing twelve-month return on equity of 66.10%. United Parcel Service's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.59 earnings per share.

United Parcel Service announced a quarterly dividend on Tuesday, January 31st. Stockholders of record on Tuesday, February 21st will be paid a dividend of $1.62 per share on Friday, March 10th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date is Friday, February 17th. This is a positive change from the stock's previous quarterly dividend of $1.52.
Read our dividend analysis for UPS.

United Parcel Service (NYSE:UPS) pays an annual dividend of $6.08 per share and currently has a dividend yield of 3.17%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UPS will have a dividend payout ratio of 51.92% 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 initiated a share buyback plan on Tuesday, January 31st 2023, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

United Parcel Service updated its FY 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $97.00 billion-$99.40 billion, compared to the consensus revenue estimate of $100.03 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 number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), New York State Common Retirement Fund (0.15%), Coho Partners Ltd. (0.14%), New York State Teachers Retirement System (0.10%), Merit Financial Group LLC (0.10%) and Bank of Montreal Can (0.10%). Insiders that own company stock include Carol B Tome, David P Abney, Juan R Perez, Kathleen M Gutmann, Kevin M Warren, Laura J Lane, 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 $190.85.

United Parcel Service (NYSE:UPS) has a market capitalization of $165.07 billion and generates $100.34 billion in revenue each year. The transportation company earns $11.55 billion in net income (profit) each year or $13.20 on an earnings per share basis.

The company employs 534,000 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.