FedEx (NYSE:FDX) Issues FY 2026 Earnings Guidance

FedEx (NYSE:FDX) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 17.800-19.000 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on FDX shares. Stephens reiterated an “overweight” rating and set a $260.00 target price on shares of FedEx in a research report on Tuesday, October 14th. Daiwa Capital Markets raised their price target on FedEx from $232.00 to $240.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Evercore ISI boosted their price objective on shares of FedEx from $239.00 to $275.00 and gave the stock an “in-line” rating in a research report on Tuesday, December 9th. JPMorgan Chase & Co. increased their price objective on shares of FedEx from $274.00 to $285.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, TD Cowen lifted their target price on shares of FedEx from $271.00 to $313.00 and gave the stock a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $287.42.

FedEx Trading Up 1.9%

FedEx stock opened at $287.62 on Friday. The stock has a 50-day moving average price of $261.06 and a 200 day moving average price of $240.75. FedEx has a 52 week low of $194.29 and a 52 week high of $295.24. The stock has a market cap of $67.87 billion, a PE ratio of 16.79, a P/E/G ratio of 1.46 and a beta of 1.32. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.02 by $0.80. The company had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. FedEx had a net margin of 4.65% and a return on equity of 16.33%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities research analysts predict that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

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

Institutional Investors Weigh In On FedEx

Hedge funds have recently made changes to their positions in the business. Captrust Financial Advisors lifted its position in 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 during the period. Danske Bank A S purchased a new stake in FedEx in the 3rd quarter valued at about $31,018,000. Financial Engines Advisors L.L.C. increased its stake in shares of FedEx by 34.7% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,826 shares of the shipping service provider’s stock valued at $431,000 after acquiring an additional 470 shares during the last quarter. Palisade Asset Management LLC lifted its holdings in shares of FedEx by 5.4% during the 3rd quarter. Palisade Asset Management LLC now owns 10,473 shares of the shipping service provider’s stock worth $2,470,000 after acquiring an additional 538 shares during the period. Finally, CANADA LIFE ASSURANCE Co grew its holdings 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 period. 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.