Equities Analysts Set Expectations for FedEx Q3 Earnings

FedEx Corporation (NYSE:FDX) – Research analysts at Zacks Research increased their Q3 2026 earnings estimates for shares of FedEx in a report released on Thursday, January 8th. Zacks Research analyst Team now forecasts that the shipping service provider will post earnings per share of $3.97 for the quarter, up from their prior estimate of $3.69. The consensus estimate for FedEx’s current full-year earnings is $19.14 per share. Zacks Research also issued estimates for FedEx’s FY2026 earnings at $18.23 EPS and Q1 2027 earnings at $4.05 EPS.

FDX has been the topic of several other research reports. Evercore ISI lifted their price target on shares of FedEx from $275.00 to $288.00 in a research note on Friday, December 19th. UBS Group raised their target price on FedEx from $293.00 to $314.00 and gave the company a “buy” rating in a research note on Friday, September 19th. TD Cowen boosted their price target on FedEx from $271.00 to $313.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Cowen reissued a “buy” rating on shares of FedEx in a report on Friday, December 19th. Finally, Bank of America upgraded FedEx from a “neutral” rating to a “buy” rating and set a $365.00 price objective on the stock in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $303.16.

FedEx Trading Down 0.0%

NYSE FDX opened at $312.30 on Monday. The stock has a market cap of $73.43 billion, a P/E ratio of 17.22, a PEG ratio of 1.56 and a beta of 1.35. The company’s fifty day simple moving average is $280.26 and its 200-day simple moving average is $249.96. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72. FedEx has a 52 week low of $194.29 and a 52 week high of $318.83.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period in the previous year, the company posted $4.05 EPS. FedEx’s revenue for the quarter was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS.

Hedge Funds Weigh In On FedEx

Several large investors have recently added to or reduced their stakes in FDX. Valeo Financial Advisors LLC raised its holdings in shares of FedEx by 28,080.9% during the second quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after purchasing an additional 3,730,273 shares during the period. Vanguard Group Inc. grew its position in shares of FedEx by 13.2% during the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after buying an additional 2,741,723 shares during the last quarter. Norges Bank acquired a new stake in FedEx during the second quarter worth about $605,497,000. Boston Partners acquired a new stake in FedEx during the third quarter worth about $468,195,000. Finally, Dodge & Cox lifted its holdings in FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after acquiring an additional 1,742,666 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were given a $1.45 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.80 annualized dividend and a dividend yield of 1.9%. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

About FedEx

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.