FedEx Corporation (FDX)

NYSE: FDX · IEX Real-Time Price · USD
+0.42 (0.16%)
At close: Dec 7, 2023, 4:00 PM
-0.57 (-0.21%)
After-hours: Dec 7, 2023, 7:57 PM EST
Market Cap 67.41B
Revenue (ttm) 88.59B
Net Income (ttm) 4.18B
Shares Out 251.42M
EPS (ttm) 16.37
PE Ratio 16.35
Forward PE 13.94
Dividend $5.04 (1.88%)
Ex-Dividend Date Dec 8, 2023
Volume 1,330,717
Open 268.00
Previous Close 267.21
Day's Range 265.53 - 268.98
52-Week Range 162.61 - 270.95
Beta 1.33
Analysts Buy
Price Target 277.13 (+3.55%)
Earnings Date Dec 19, 2023

About FDX

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. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx ... [Read more]

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

Financial Performance

In 2023, FedEx's revenue was $90.16 billion, a decrease of -3.59% compared to the previous year's $93.51 billion. Earnings were $3.97 billion, an increase of 3.82%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is $277.13, which is an increase of 3.55% from the latest price.

Price Target
(3.55% upside)
Analyst Consensus: Buy
Stock Forecasts


FedEx sends security alert to contractors amid thefts during busy season

FedEx Corp. FDX, +0.16% has sent a security warning to contractors, asking them to give priority to the safety of their drivers and to keep an eye on their vehicles, the Wall Street Journal reported l...

4 hours ago - Market Watch

Analysts shift attention to new market leaders in Q4

Among the most significant takeaways from the Q3 earnings reporting cycle is that the analysts' attention is shifting. The shift is not so much a sector rotation but a rotation within the tech sector ...

1 day ago - MarketBeat

With 20% Gains In A Month Is Target A Better Pick Over FedEx Stock?

Given its better prospects, we believe Target stock (NYSE: TGT) is a better pick than FedEx stock (NYSE: FDX).

Other symbols: TSLA
2 days ago - Forbes

UPS and FedEx are no longer the largest delivery companies in the US

Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, which delivered more packages to US homes in recent years than both delivery giants.

Other symbols: UPS
10 days ago - New York Post

In market share battle, FedEx and UPS target retail returns

As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel a...

Other symbols: UPS
15 days ago - Reuters

FedEx Freight and Christmas SPIRIT Foundation Celebrate Landmark Milestone: Delivers 300,000th Tree to Military Families This Season

MEMPHIS, Tenn.--(BUSINESS WIRE)--This year, FedEx Freight will deliver the 300,000th tree for the Christmas SPIRIT Foundation's annual Trees for Troops® program. The milestone tree is set to arrive at...

15 days ago - Business Wire

FedEx Corp. Board Declares Quarterly Dividend

MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company's c...

20 days ago - Business Wire

Why FedEx is suggesting pilots to fly for American Airlines

CNBC's Frank Holland, joins 'Power Lunch' to discuss the slowdown in cargo demand.

Other symbols: AAL
4 weeks ago - CNBC Television

FedEx Nudges Pilots to Airline Jobs Amid Shipping Lull

With shipping rates down, FedEx is telling its pilots to seek employment elsewhere. More specifically, the freight company is encouraging pilots to look for work flying for a division of American Airl...

4 weeks ago - PYMNTS

Caterpillar, Honeywell, and Industrial Stocks Are Breaking Down. What's Next.

The Industrial Select Sector SPDR exchange-traded fund (XLI) has slid on crumbling investor sentiment.

Other symbols: CATXLIHONUPS
5 weeks ago - Barrons

FedEx pilots union picks interim leader after rejecting tentative deal

The FedEx Master Executive Council, the governing body of the delivery firm's unit in the Air Line Pilots Association (ALPA), said on Monday it had elected a new interim chair after union members reje...

5 weeks ago - Reuters

Report Highlights FedEx Economic Impact as Company Celebrates 50 Years of Operations

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today released its annual economic impact report, analyzing the company's worldwide network and role in fueling innovation during its 2023 fisc...

Other symbols: DNB
5 weeks ago - Business Wire

FedEx expects to keep most of the business it gained from UPS amid union negotiations: analyst

FedEx's Corp. executives expect to keep most of the shipping business the company picked up from rival United Parcel Service Inc. during that company's labor negotiations this year, and they also beli...

7 weeks ago - Market Watch

UPS, FedEx, USPS cut rates ahead of holidays as customers push back

“Shipping rates and what customers are willing to pay just don't match anymore,” according to Steve Howard, director of World Parcel Alliance.

Other symbols: UPS
2 months ago - New York Post

UPS and FedEx Offer Discounts Amid Decreased Shipping Volume

Major players in the parcel delivery industry are reportedly facing a weak holiday shipping season as demand for goods slows down. In response, both UPS and FedEx are offering discounts and cost relie...

Other symbols: UPS
2 months ago - PYMNTS

The 5 Most Upgraded Stocks For October: AI All the Way

The list of Most Upgraded Stocks for October, those stocks with the most upgrades in September, is a surprising lot. The list includes five names with one thing in common: AI.

2 months ago - MarketBeat

Uber now offering to return packages to FedEx, UPS stores for $5 fee

Uber said the service will be available in nearly 5,000 US cities to start.

Other symbols: UBERUPS
2 months ago - New York Post

3 Reasons FedEx is the Grower and UPS the Slower

When you're looking to buy a stock to gain exposure to a particular industry, you're frequently choosing between companies with similar business models.

Other symbols: UPS
2 months ago - MarketBeat

FedEx Is Cutting Costs. The Case for Buying the Stock and Its Options.

Susquehanna analyst Bascome Majors upgraded FedEx stock to Buy from Hold. His target price went to $315 a share from $225.

2 months ago - Barrons

Top Wall Street analysts pick these five stocks for compelling returns

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Adobe & Salesforce

2 months ago - CNBC

FedEx stock still has another 25% upside – analyst forecasts

Shares of FedEx Corp (NYSE: FDX) will likely climb further in the coming months even though they have already gained about 50% this year, says an HSBC analyst.

2 months ago - Invezz

Will FedEx Stock Rebound To Its Pre-Inflation Shock Level Of Over $300?

FedEx stock (NYSE: FDX) currently trades at $262 per share, 8% below the level seen in March 2021, and it has little room for growth, in our view.

2 months ago - Forbes

FedEx's Volume Pressures Point to Spending Shifts and Amazon's Fulfillment Dreams

Wall Street's focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the efforts, pushing the shares higher.

2 months ago - PYMNTS

Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike

Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.

2 months ago - CNBC

FedEx outlook, Amazon, Tesla's India factories: Stocks

FedEx (FDX) shares close over 4.5% higher after reporting a first-quarter earnings beat and boosting its guidance. Amazon (AMZN), on the other hand, closes in the red amid heightened speculation on wh...

Other symbols: AMZNTSLA
2 months ago - Yahoo Finance