FedEx (NYSE:FDX) Issues FY 2026 Earnings Guidance

FedEx (NYSE:FDX) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 17.800-19.000 for the period, compared to the consensus earnings per share estimate of 18.130. The company issued revenue guidance of $92.4 billion-$93.2 billion, compared to the consensus revenue estimate of $91.7 billion.

FedEx Price Performance

NYSE FDX traded up $5.41 on Thursday, hitting $287.62. 3,945,714 shares of the company were exchanged, compared to its average volume of 1,923,214. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. The company has a market cap of $67.87 billion, a P/E ratio of 16.79, a P/E/G ratio of 1.46 and a beta of 1.32. FedEx has a 1-year low of $194.29 and a 1-year high of $295.24. The firm has a 50 day moving average of $260.04 and a two-hundred day moving average of $240.42.

FedEx (NYSE:FDX) last issued its quarterly earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.12. The business had revenue of $22.20 billion for the quarter, compared to analyst estimates of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.60 earnings per share. On average, equities analysts predict that FedEx will post 19.14 EPS for the current year.

FedEx Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th will be given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, December 15th. FedEx’s payout ratio is currently 33.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. UBS Group upped their price target on shares of FedEx from $293.00 to $314.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Bank of America increased their target price on FedEx from $270.00 to $285.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Barclays boosted their price target on FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a research note on Tuesday. Raymond James Financial reiterated an “outperform” rating and set a $255.00 price objective on shares of FedEx in a research report on Thursday, September 18th. Finally, Sanford C. Bernstein boosted their target price on shares of FedEx from $247.00 to $250.00 and gave the company a “market perform” rating in a research report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, FedEx currently has an average rating of “Moderate Buy” and an average target price of $285.67.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors increased its holdings in shares of FedEx by 7.0% during the third quarter. Captrust Financial Advisors now owns 121,588 shares of the shipping service provider’s stock worth $28,672,000 after buying an additional 7,908 shares in the last quarter. Danske Bank A S bought a new stake in FedEx during the 3rd quarter worth $31,018,000. Financial Engines Advisors L.L.C. increased its holdings in FedEx by 34.7% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,826 shares of the shipping service provider’s stock worth $431,000 after purchasing an additional 470 shares in the last quarter. Palisade Asset Management LLC raised its position in FedEx by 5.4% in the third quarter. Palisade Asset Management LLC now owns 10,473 shares of the shipping service provider’s stock valued at $2,470,000 after purchasing an additional 538 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in FedEx by 0.3% in the third quarter. CANADA LIFE ASSURANCE Co now owns 220,215 shares of the shipping service provider’s stock valued at $52,092,000 after purchasing an additional 613 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

About FedEx

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.