FedEx - FDX Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last year. There are currently 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FDX shares.
View FDX analyst ratings or view top-rated stocks.

20 equities research analysts have issued 1 year price targets for FedEx's shares. Their FDX share price forecasts range from $225.00 to $339.00. On average, they predict the company's share price to reach $293.65 in the next year. This suggests a possible upside of 45.6% from the stock's current price.
View analysts price targets for FDX or view top-rated stocks among Wall Street analysts.

FedEx's stock was trading at $258.64 on January 1st, 2022. Since then, FDX stock has decreased by 22.0% and is now trading at $201.62.
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FedEx saw a drop in short interest in August. As of August 15th, there was short interest totaling 3,170,000 shares, a drop of 10.5% from the July 31st total of 3,540,000 shares. Based on an average daily volume of 2,240,000 shares, the short-interest ratio is presently 1.4 days. Currently, 1.3% of the company's stock are sold short.
View FedEx's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 22nd 2022.
View our FDX earnings forecast.

FedEx will be holding an earnings conference call on Thursday, September 22nd at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.

FedEx Co. (NYSE:FDX) issued its earnings results on Thursday, June, 23rd. The shipping service provider reported $6.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.91 by $0.04. The shipping service provider earned $24.39 billion during the quarter, compared to the consensus estimate of $24.28 billion. FedEx had a trailing twelve-month return on equity of 22.29% and a net margin of 4.09%. During the same period in the prior year, the company earned $5.01 earnings per share.
Read the conference call transcript.

FedEx declared a quarterly dividend on Friday, August 12th. Shareholders of record on Friday, September 2nd will be paid a dividend of $1.15 per share on Monday, October 3rd. This represents a $4.60 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Thursday, September 1st.
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 2.25%. 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 32.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FDX will have a dividend payout ratio of 17.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FDX.

FedEx announced that its board has approved a share buyback program on Thursday, December 16th 2021, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

FedEx issued an update on its FY 2023 earnings guidance on Thursday, July, 21st. The company provided EPS guidance of $22.50-$24.50 for the period, compared to the consensus earnings per share estimate of $22.41. The company issued revenue guidance of -.

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 institutional and retail investors. Top institutional investors include Dodge & Cox (6.71%), Primecap Management Co. CA (5.17%), State Street Corp (3.65%), Price T Rowe Associates Inc. MD (1.93%), FMR LLC (1.58%) and Northern Trust Corp (0.97%). 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 $201.62.

FedEx (NYSE:FDX) has a market capitalization of $52.40 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 $14.30 on an earnings per share basis.

The company employs 249,000 workers across the globe.

FedEx was founded in 1971.

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.