Zacks Research Has Negative Estimate for FedEx Q1 Earnings

FedEx Corporation (NYSE:FDX) – Zacks Research dropped their Q1 2026 earnings per share estimates for FedEx in a note issued to investors on Tuesday, July 15th. Zacks Research analyst M. Basu now anticipates that the shipping service provider will post earnings per share of $3.70 for the quarter, down from their prior estimate of $3.86. The consensus estimate for FedEx’s current full-year earnings is $19.14 per share. Zacks Research also issued estimates for FedEx’s Q2 2026 earnings at $3.81 EPS, Q3 2026 earnings at $3.97 EPS, Q1 2027 earnings at $3.86 EPS, Q3 2027 earnings at $5.00 EPS, Q4 2027 earnings at $4.87 EPS, FY2027 earnings at $17.35 EPS and FY2028 earnings at $17.89 EPS.

Several other equities analysts have also recently weighed in on the company. TD Cowen cut their price objective on FedEx from $310.00 to $269.00 and set a “buy” rating on the stock in a report on Wednesday, June 25th. Citigroup lifted their target price on FedEx from $259.00 to $278.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Wall Street Zen lowered FedEx from a “buy” rating to a “hold” rating in a research report on Friday, May 30th. Truist Financial reissued a “buy” rating and issued a $275.00 target price on shares of FedEx in a research report on Wednesday, June 25th. Finally, Jefferies Financial Group raised FedEx from a “hold” rating to a “buy” rating and dropped their target price for the company from $300.00 to $275.00 in a research report on Monday, March 24th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $283.25.

FedEx Trading Down 0.8%

NYSE:FDX opened at $226.64 on Thursday. FedEx has a fifty-two week low of $194.30 and a fifty-two week high of $308.73. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.19 and a quick ratio of 1.15. The stock has a market capitalization of $54.30 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 1.19 and a beta of 1.35. The business’s 50-day simple moving average is $226.63 and its 200-day simple moving average is $238.47.

FedEx (NYSE:FDX) last issued its earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.98 by $0.09. FedEx had a return on equity of 16.34% and a net margin of 4.65%. The firm had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $21.86 billion. During the same quarter last year, the business earned $5.41 earnings per share.

FedEx Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Monday, June 23rd were paid a $1.45 dividend. This is a positive change from FedEx’s previous quarterly dividend of $1.38. This represents a $5.80 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date was Monday, June 23rd. FedEx’s dividend payout ratio is currently 34.36%.

Insider Activity

In other FedEx news, Director R Brad Martin sold 2,123 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $241.75, for a total transaction of $513,235.25. Following the transaction, the director directly owned 8,935 shares in the company, valued at approximately $2,160,036.25. This represents a 19.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul S. Walsh sold 3,610 shares of the stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total value of $860,226.90. Following the transaction, the director owned 15,513 shares in the company, valued at $3,696,592.77. The trade was a 18.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,343 shares of company stock valued at $2,228,816. 8.87% of the stock is currently owned by insiders.

Institutional Trading of FedEx

A number of hedge funds and other institutional investors have recently bought and sold shares of FDX. Transce3nd LLC purchased a new stake in FedEx in the 4th quarter valued at $26,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in FedEx in the 4th quarter worth about $28,000. Runnymede Capital Advisors Inc. purchased a new stake in FedEx in the 4th quarter worth about $32,000. Accredited Wealth Management LLC purchased a new stake in FedEx in the 4th quarter worth about $35,000. Finally, Abound Financial LLC purchased a new stake in FedEx in the 1st quarter worth about $38,000. Institutional investors 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.