FedEx Corporation (FDX)

NYSE: FDX · Real-Time Price · USD
275.73
-0.15 (-0.05%)
At close: Dec 20, 2024, 4:00 PM
277.00
+1.27 (0.46%)
After-hours: Dec 20, 2024, 7:30 PM EST
-0.05%
Market Cap 66.41B
Revenue (ttm) 87.39B
Net Income (ttm) 3.88B
Shares Out 240.85M
EPS (ttm) 15.69
PE Ratio 17.57
Forward PE 12.96
Dividend $5.52 (2.00%)
Ex-Dividend Date Dec 9, 2024
Volume 6,888,730
Open 294.00
Previous Close 275.88
Day's Range 270.90 - 295.24
52-Week Range 234.45 - 313.84
Beta 1.20
Analysts Buy
Price Target 324.00 (+17.51%)
Earnings Date Dec 19, 2024

About FDX

FedEx Corporation, together with its subsidiaries, 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. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight tr... [Read more]

Sector Industrials
Founded 1971
Employees 529,000
Stock Exchange NYSE
Ticker Symbol FDX
Full Company Profile

Financial Performance

In 2024, FedEx's revenue was $87.69 billion, a decrease of -2.73% compared to the previous year's $90.16 billion. Earnings were $4.33 billion, an increase of 9.05%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is $324.0, which is an increase of 17.51% from the latest price.

Price Target
$324.0
(17.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

FedEx Positioned As Largest Pure-Play North American LTL Carrier Post-Separation: Analyst

BofA Securities analyst Ken Hoexter reiterated a Buy rating on FedEx Corporation FDX, raising the price forecast to $348 from $325.

2 days ago - Benzinga

FedEx: Why Did The Stock Tumble After A Pre-Market Earnings Surge?

FedEx's Q2 2025 earnings beat estimates despite lower revenues, driven by cost savings from the DRIVE program and share repurchases. The company provided less bullish FY25 guidance, expecting flat sal...

2 days ago - Seeking Alpha

FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program

FedEx is taking steps to streamline its operations by prioritizing its DRIVE program and separating FedEx Freight into a standalone, publicly traded company. These decisions were announced by FedEx Pr...

2 days ago - PYMNTS

FedEx to spin off freight business

CNBC's Frank Holland reports on the latest news from FedEx.

2 days ago - CNBC Television

What's Next For FDX Stock?

FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value.

2 days ago - Forbes

FedEx's freight unit spinoff offers ‘early Christmas' to Wall Street

Stifel, TD Cowen and Susquehanna analysts praise move and boost their price targets for the stock.

2 days ago - Market Watch

Vernon: The challenge for the FedEx spin-off will be staffing and what costs will look like

Bernstein analyst David Vernon discusses FedEx's latest earnings, and whether the planned spin-off of the truck freight business will set the company on the right track.

2 days ago - CNBC Television

Honeywell and FedEx spinoff plans: can investors hope for a GE Vernova-like success?

Breaking up companies into smaller, independent entities is proving to be a winning formula for investors. Spinoffs, often pursued to create shareholder value, have delivered extraordinary returns in ...

Other symbols: HON
2 days ago - Invezz

After GE's Spinoff Success, What's Next for Honeywell, FedEx

For every GE Vernova, up 154%, there is a Kenvue, which has dropped more than 20%, or a Solventum, which has fallen 17%.

Other symbols: GEHON
2 days ago - Barrons

Watch These FedEx Levels as Stock Jumps on Plans for Freight Business Spinoff

FedEx (FDX) shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its freight business as a separate public company, overshadowing a lowered ...

2 days ago - Investopedia

FedEx Corporation (FDX) Q2 2025 Earnings Call Transcript

FedEx Corporation (NYSE:FDX) Q2 2025 Results Conference Call December 19, 2024 5:30 PM ET Company Participants Jeni Hollander - VP of IR Raj Subramaniam - President and CEO Brie Carere - EVP and Chie...

2 days ago - Seeking Alpha

FedEx CEO Raj Subramaniam: Our scaled network provides us an advantage in this dynamic time

FedEx CEO Raj Subramaniam joins 'Mad Money' host Jim Cramer to talk quarterly results, spinning off its freight business, impact of potential tariffs and more.

2 days ago - CNBC Television

FedEx CEO touts company's 'scaled network' as supply chain challenges loom with Trump presidency

FedEx CEO Raj Subramaniam said his company can do well even if there is a supply chain shakeup. President-elect Donald Trump has threatened to drastically hike import tariffs for several countries, es...

3 days ago - CNBC

Evercore ISI's Jonathan Chappell breaks down FedEx earnings, company separation and outlook

Jonathan Chappell, Evercore ISI Senior Managing Director, joins 'Closing Bell: Overtime' to discuss FedEx earnings, company separation and outlook.

3 days ago - CNBC Television

FedEx is spinning off its freight business

FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months.

3 days ago - Business Insider

FedEx Earnings Report | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. Sign u...

3 days ago - Bloomberg Markets and Finance

FedEx Stock Surges on Plans To Spin Off Freight Business

FedEx (FDX) shares jumped in extended trading Thursday after the shipping giant announced plans to spin off its Freight business as a standalone company.

3 days ago - Investopedia

FedEx intends to separate FedEx Freight creating two public companies

CNBC's Frank Holland joins 'Closing Bell: Overtime' to report on FedEx's earnings and its plans to separate FedEx frieght, creating two public companies.

3 days ago - CNBC Television

FedEx Plans to Spin Off Freight Division, Cuts Forecast

FedEx trimmed its full-year profit forecast and said it plans to spin off its freight division into a separate publicly-traded company within 18 months. Lee Klaskow has more on "Bloomberg The Close.

3 days ago - Bloomberg Markets and Finance

FedEx plans to spin off freight business, and its stock rallies 8%

FedEx seeks to ‘unlock value' for shareholders with FedEx Freight spinoff.

3 days ago - Market Watch

FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted Diluted EPS of $4.05

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the second quarter ended November 30 (adjusted measures exclude the item listed below):  ...

3 days ago - Business Wire

FedEx Announces Intent to Separate FedEx Freight, Creating Two Industry-Leading Public Companies

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and ...

3 days ago - Business Wire

FedEx Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

FedEx Corporation FDX will release earnings results for its fiscal second quarter, after the closing bell on Thursday, Dec. 19.

3 days ago - Benzinga

Earning Preview: What To Expect From FedEx

FedEx is scheduled to report earnings after Thursday's close. The stock hit a record high of $319.90/share in 2021 and is currently trading near $329.

3 days ago - Forbes

FedEx Charts Flash Bearish Signals Ahead Of Q2 Earnings, Analysts See 26% Upside

FedEx Corp FDX will be reporting its second-quarter earnings on Thursday after market hours.

3 days ago - Benzinga