United Parcel Service - UPS Stock Forecast, Price & News

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for United Parcel Service in the last year. 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 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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27 analysts have issued 12 month target prices for United Parcel Service's stock. Their UPS share price forecasts range from $100.00 to $221.00. On average, they anticipate the company's stock price to reach $194.19 in the next twelve months. This suggests a possible upside of 4.1% 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 increased by 7.3% and is now trading at $186.61.
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United Parcel Service saw a increase in short interest in February. As of February 28th, there was short interest totaling 11,560,000 shares, an increase of 16.9% from the February 13th total of 9,890,000 shares. Based on an average daily trading volume, of 2,900,000 shares, the days-to-cover ratio is presently 4.0 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our UPS earnings forecast.

United Parcel Service will be holding an earnings conference call on Tuesday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

United Parcel Service, Inc. (NYSE:UPS) announced 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 had revenue of $27 billion for the quarter, compared to the consensus estimate of $28.03 billion. United Parcel Service had a trailing twelve-month return on equity of 66.10% and a net margin of 11.51%. The company's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the company posted $3.59 earnings per share.

United Parcel Service declared 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 3.47%. The ex-dividend date is Friday, February 17th. This is a boost from the stock's previous quarterly dividend of $1.52.
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), Industrial Select Sector SPDR Fund (XLI), ProShares Supply Chain Logistics ETF (SUPL), AdvisorShares Drone Technology ETF (UAV), USCF Dividend Income Fund (UDI) and EA Bridgeway Blue Chip ETF (BBLU).

United Parcel Service (NYSE:UPS) pays an annual dividend of $6.48 per share and currently has a dividend yield of 3.47%. 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 49.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UPS will have a dividend payout ratio of 55.43% 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 announced that its Board of Directors has approved a share 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 purchase up to 3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

United Parcel Service issued an update on its FY 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share (EPS) 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 many different institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.48%), Price T Rowe Associates Inc. MD (0.91%), Morgan Stanley (0.89%), Clearbridge Investments LLC (0.87%), Norges Bank (0.84%) and Franklin Resources Inc. (0.75%). Insiders that own company stock include Brian Newman, Carol B Tome, 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 $186.61.

United Parcel Service (NYSE:UPS) has a market capitalization of $160.25 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 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.