FedEx Corporation (FDX) to Issue Quarterly Dividend of $1.45 on April 1st

FedEx Corporation (NYSE:FDX) announced a quarterly dividend on Friday, February 13th. Shareholders of record on Monday, March 9th will be given a dividend of 1.45 per share by the shipping service provider on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, March 9th.

FedEx has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 1 years. FedEx has a dividend payout ratio of 25.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect FedEx to earn $21.65 per share next year, which means the company should continue to be able to cover its $5.80 annual dividend with an expected future payout ratio of 26.8%.

FedEx Stock Performance

FDX opened at $374.61 on Friday. The company has a 50 day simple moving average of $311.56 and a two-hundred day simple moving average of $266.23. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The firm has a market cap of $88.08 billion, a P/E ratio of 20.65, a PEG ratio of 1.82 and a beta of 1.34. FedEx has a 1-year low of $194.29 and a 1-year high of $380.86.

FedEx (NYSE:FDX) last issued its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.80. The company had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. FedEx’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities analysts forecast that FedEx will post 19.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of research analyst reports. The Goldman Sachs Group set a $364.00 price target on FedEx and gave the stock a “buy” rating in a report on Thursday. HSBC boosted their target price on shares of FedEx from $235.00 to $285.00 and gave the stock a “hold” rating in a report on Friday, December 19th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of FedEx in a research note on Tuesday, January 20th. Morgan Stanley lifted their price target on shares of FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Friday, December 19th. Finally, Barclays increased their price objective on shares of FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $355.50.

FedEx Company Profile

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.