FDX - FedEx Corporation

NYSE - NYSE Delayed Price. Currency in USD
166.56
+0.22 (+0.13%)
At close: 4:00PM EDT
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Previous Close166.34
Open166.68
Bid166.56 x 800
Ask0.00 x 900
Day's Range165.67 - 167.45
52 Week Range150.68 - 259.25
Volume1,467,999
Avg. Volume2,070,354
Market Cap43.401B
Beta (3Y Monthly)1.84
PE Ratio (TTM)12.26
EPS (TTM)13.59
Earnings DateJun 25, 2019
Forward Dividend & Yield2.60 (1.56%)
Ex-Dividend Date2019-06-21
1y Target Est205.21
Trade prices are not sourced from all markets
  • U.S. retail sales grow in May, April numbers revised
    Yahoo Finance Video6 days ago

    U.S. retail sales grow in May, April numbers revised

    Retail sales numbers for May rose, but were still below below analyst expectations, and April’s numbers have been revised. Jon Reily of Publicis Sapient says consumer sentiment is still high. Yahoo Finance’s Zack Guzman, Kristin Myers, and Heidi Chung break down the latest retail report with Reily.

  • U.S. CEOs to Meet China Premier This Week as Trade Woes Brew
    Bloomberg4 hours ago

    U.S. CEOs to Meet China Premier This Week as Trade Woes Brew

    (Bloomberg) -- A group of chief executive officers of American corporations are set to meet with Chinese Premier Li Keqiang this week as the simmering trade war ensnares companies from both countries.At least five CEOs of U.S. firms are attending a meeting in Beijing, people familiar with the matter said. Those include heads of chemical giant Dow Inc., United Parcel Service Inc., drugmaker Pfizer Inc. and Honeywell International Inc., said the people, asking not to be identified as the meeting isn’t public.The event takes place just as the geopolitical tensions between the two powers enter a new phase. Since trade talks broke off in May, U.S. President Donald Trump has ordered additional tariffs on Chinese goods and blocked local champion Huawei Technologies Co., threatening to widen the ban to Chinese video-surveillance companies. Meanwhile, Beijing has clamped down on American corporations from Ford Motor Co. to FedEx Corp. and said it will create a blacklist of foreign firms that damage their Chinese counterparts.The CEOs will be in the Chinese capital at a key moment, a week before Trump and China’s President Xi Jinping are set to meet on the sidelines of the Group of 20 summit in Japan. Trump said Tuesday that he had a “very good” phone conversation with Xi, and will hold an “extended meeting” with him in Osaka, triggering a rally in financial markets.U.S. Trade Representative Robert Lighthizer said Wednesday he’ll speak with his Chinese counterpart, Vice Premier Liu He, this week to prepare for the meeting between the two countries’ presidents.Company RiskThe company chieftains’ visit was scheduled ahead of time and isn’t necessarily a response to the tensions between the U.S. and China over trade, the people said. Representatives from as many as 15 non-Chinese companies will be meeting with Chinese Premier Li this week, they said.China’s Foreign Ministry didn’t respond to a request for more details.Becoming collateral damage in a geopolitical dispute is a perennial risk for foreign companies in China. South Korean firms learned that in 2017, after their government agreed to deploy the U.S. Thaad missile-defense system -- intended to safeguard against attacks by North Korea -- over Chinese objections.Korea, CanadaBrands from Hyundai Motor Co. to Amorepacific Corp. saw sales plunge amid boycotts, K-pop performances were canceled and retail conglomerate Lotte Shopping Co. was forced to largely wind down its Chinese business after allowing one of its golf courses to be used for a Thaad battery.Apple and Nike Brace for China’s Wrath After Huawei BanCanada has been at odds with China since December, when the North American country’s police arrested Meng Wanzhou, the chief financial officer of Huawei, in response to a U.S. extradition request. China subsequently detained two Canadians on spying allegations, prompting firms including Royal Bank of Canada to ask employees to avoid traveling there.Some U.S. companies have started to explore alternatives to China. Alphabet Inc.’s Google is moving some production of Nest thermostats and server hardware out of China, avoiding punitive U.S. tariffs and an increasingly hostile government in Beijing, people familiar with the matter said this month. Others, including Mattel Corp. and several solar-panel makers moved some of their manufacturing to Mexico.(Updates with Lighthizer meeting in fifth paragraph.)\--With assistance from Miao Han, Peter Martin, Cynthia Koons, Thomas Black and Ville Heiskanen.To contact Bloomberg News staff for this story: Haze Fan in Beijing at hfan40@bloomberg.net;Jenny Leonard in Washington at jleonard67@bloomberg.net;Shawn Donnan in Washington at sdonnan@bloomberg.netTo contact the editors responsible for this story: Emma O'Brien at eobrien6@bloomberg.net, Cécile DauratFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Lobbying on trade issues could set new record as companies sound off on tariffs, USMCA
    MarketWatch11 hours ago

    Lobbying on trade issues could set new record as companies sound off on tariffs, USMCA

    As the Trump administration puts tariffs on a range of imported goods and pushes a replacement deal for Nafta, lobbying on trade-related issues could set a new record this year.

  • Will High Operating Expenses Mar FedEx's (FDX) Q4 Earnings?
    Zacks14 hours ago

    Will High Operating Expenses Mar FedEx's (FDX) Q4 Earnings?

    FedEx's (FDX) capital expenses are on an upswing, following its solid investments to upgrade facilities at its key divisions. Consequently, high costs might hurt fourth-quarter fiscal 2019 earnings.

  • Is Amazon Air becoming a bigger competitive threat for UPS and FedEx?
    American City Business Journals17 hours ago

    Is Amazon Air becoming a bigger competitive threat for UPS and FedEx?

    Seattle-based Amazon.com Inc. announced Tuesday that it would lease an additional 15 Boeing 737-800 cargo aircraft to add to its cargo fleet. The new aircraft will fly in the U.S. out of the more than 20 air gateways in the Amazon Air network. “These new aircraft create additional capacity for Amazon Air, building on the investment in our Prime Free One-Day program,” Dave Clark, senior vice president of worldwide operations at Amazon, said in a news release.

  • FedEx (FDX) Outpaces Stock Market Gains: What You Should Know
    Zacks2 days ago

    FedEx (FDX) Outpaces Stock Market Gains: What You Should Know

    FedEx (FDX) closed the most recent trading day at $166.34, moving +1.6% from the previous trading session.

  • Benzinga2 days ago

    Amazon To Lease 15 More 737 Freighters Through Lease With GE Unit

    Amazon.com, Inc. (NASDAQ: AMZN) announced on June 18 that it will lease 15 Boeing (NYSE: BA) 737-800 freighters from GE Capital Aviation Services (GECAS), the aircraft lending unit of General Electric Co. (NYSE: GE). The airplanes, which will operate in the U.S., will enter Amazon's fleet by 2021, the e-tailer said. The announcement comes just days after FedEx Corp. (NYSE: FDX) said it would not renew its contract with Amazon to transport the e-tailer's domestic air packages.

  • Analysts Estimate FedEx (FDX) to Report a Decline in Earnings: What to Look Out for
    Zacks2 days ago

    Analysts Estimate FedEx (FDX) to Report a Decline in Earnings: What to Look Out for

    FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • How Dollar General fits in to FedEx's overall e-commerce strategy
    American City Business Journals2 days ago

    How Dollar General fits in to FedEx's overall e-commerce strategy

    With e-commerce on the rise, FedEx is continuing to expand its OnSite network to reach more of the U.S. population.

  • As Amazon Air Threat Grows, First Cracks in Carrier Relationships Appear
    Motley Fool3 days ago

    As Amazon Air Threat Grows, First Cracks in Carrier Relationships Appear

    Other carriers may follow FedEx's lead and reassess their relationship with the e-commerce giant.

  • Dow Jones Today: Almost a Case of the Mondays
    InvestorPlace3 days ago

    Dow Jones Today: Almost a Case of the Mondays

    On the surface, the gains notched by the major U.S. equity benchmarks to start the week were not all that impressive. The Nasdaq Composite led the way, climbing 0.62%, while the S&P 500 and the Dow Jones Industrial Average each finished higher by 0.09%.Source: Shutterstock However, there were pockets of excitement throughout the market today, helped by the return of Merger Monday. Dow component Pfizer (NYSE:PFE), one of the largest U.S. pharmaceuticals companies, is looking to bolster its oncology offerings by acquiring cancer treatment maker Array BioPharma (NASDAQ:ARRY) for $48 a share in cash, putting an enterprise value of about $11.4 billion on the company.Pfizer has one of the larger cash stockpiles among the major U.S. pharmaceuticals companies and checks many of the quality boxes. However, there are some concerns the Array deal could be credit negative.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCredit ratings aside, traditional pharmaceuticals companies need growth, and buying makers of cancer drugs is one avenue for delivering that growth. Other ChatterApple (NASDAQ:AAPL) stock, always a widely watched bellwether as it is the largest technology name in the Dow, traded modestly higher Monday although some analysts expressed concern about the impact of the China trade war on the stock and how the company is positioned for a fuller 5G rollout next year. * 7 Top-Rated Biotech Stocks to Invest In Today "JPMorgan analyst Samik Chatterjee cut his forecast for iPhone shipments for the next few quarters by 4%, and trimmed his price target on the stock to $233 from $235," reports Barron's. "But he maintains an Overweight rating on the shares, asserting that the trade tensions are likely to be resolved."Sticking with Dow technology names for a moment, Intel (NASDAQ:INTC), one of the largest semiconductor makers, is trying to snap out of a funk that has the stock down nearly 15% in the current quarter. Much of that tumble is attributable to semiconductor companies' sensitivity to the trade war with China, but for long-term investors, there are reasons to be optimistic about Intel."We concede that 2019 will be strenuous for Intel because of macro weakness, U.S.-China tensions, and share loss, but overall revenue growth should eventually stabilize," said Morningstar in a recent note. "As Intel gets back on track in 2020 with its 10-nm Ice Lake server parts, we think its data center group, or DCG, will enjoy average top-line growth of 10% through 2023."Boeing (NYSE:BA), a frequent guest in this space and the Dow's largest component, was the blue-chip index's best performer Monday, adding 2.2%. The company said it has no plans to rename the controversial 737 max passenger jet.At the Paris Airshow Monday, the aerospace giant boosted its 20-year demand forecast for passenger jets to $6.8 trillion, up from a previous estimate of $6.3 trillion."The world's largest planemaker said at the Paris Airshow it expected 44,040 new airplane deliveries over the next two decades, up from the roughly 43,000 it forecast a year ago," according to Reuters. Bottom Line on the Dow Jones TodayOverall, a little under half of the Dow's 30 components closed higher today, hardly a great percentage and risks remain for investors to consider. Looking out to later in June, FedEx Corp. (NYSE:FDX) reports fiscal fourth-quarter results on June 25, and while the freight shipping company is not a member of the Dow Jones Industrial Average, it is a member of the Dow Jones Transportation Index, and a bellwether stock at that.Mired in a slump that has seen the shares slide almost 5% this month, FedEx stock lost another half percent Monday after JPMorgan lowered its price target on the stock to $184 from $202. Tennessee-based FedEx has been a guidance offender multiple times over the past year and it appears that bad news is poised to continue.Again, FedEx is not a Dow stock, nor is it the largest company in the U.S. Not even close, but transportation names are historically accurate gauges of economic sentiment the market's tolerance for risk so there could be some tests coming for stocks before June ends.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post Dow Jones Today: Almost a Case of the Mondays appeared first on InvestorPlace.

  • Barrons.com3 days ago

    Bad Earnings? Good Earnings? FedEx Stock Isn’t Going Anywhere.

    Forthcoming fiscal fourth-quarter earnings might not do much to quell investors’ fears, JPMorgan warned on Monday.

  • Benzinga3 days ago

    FedEx, Dollar General To Offer Drop Off And Pickup At Thousands Of Dollar General Stores

    FedEx (NYSE: FDX) and Dollar General (NYSE: DG) announced they will partner up to offer a drop off and pickup at thousands of Dollar General stores. The businesses plan to begin rolling out the service in more than 1,500 Dollar General stores in late summer, building to a total of more than 8,000 stores by the end of 2020. “Dollar General is the perfect retailer to help us meet the growing need for convenient, secure drop-off and pickup options in a variety of rural communities,” said Scott Harkins, senior vice president, customer channel marketing at FedEx Services in a press statement.

  • FedEx partners with Dollar General to expand service in rural communities
    American City Business Journals3 days ago

    FedEx partners with Dollar General to expand service in rural communities

    FedEx will expand its drop-off and pickup services thanks to a new partnership with Dollar General. Monday, June 17 the Memphis-based shipping and logistics giant and the Goodlettsville, Tennessee, based retailer announced a strategic alliance. As part of that alliance, thousands of Dollar General stores will begin to offer FedEx drop-off and pickup services as part of FedEx's OnSite program.

  • Business Wire3 days ago

    Dollar General and FedEx to Offer Convenient Package Drop-off and Pickup Solutions

    FedEx Corp. (FDX) and Dollar General (DG) announced today a strategic alliance that will offer new, convenient access to FedEx drop-off and pickup services at thousands of Dollar General stores. The effort is designed to increase access for all customers, particularly those living in rural communities. FedEx and Dollar General plan to begin rolling out the service in more than 1,500 Dollar General stores in late summer 2019, building to a total of more than 8,000 stores by the end of 2020.

  • China's FedEx probe should not be seen as retaliation: Xinhua
    Reuters4 days ago

    China's FedEx probe should not be seen as retaliation: Xinhua

    China's investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the U.S. company, state news agency Xinhua said on Sunday, amid worsening relations between China and the United States. The inquiry was aimed at sending a message that any economic entity in China should abide by the country's laws and regulations, it said in a commentary. "China is willing to share the opportunities in its courier market with foreign investors.

  • Benzinga6 days ago

    USPS Changes Parcel Pricing Strategy; Shipper Impact Unclear

    On June 23, the U.S. Postal Service (USPS) implements a pricing change that subjects more parcels to rates pegged to their dimensions instead of their actual weight. What impact, if any, this has on the USPS shipper universe won't be known for months. Under the new policy, USPS will, for the first time, price parcels which measure more than 1 cubic feet – or 1,728 cubic inches in multiplied length, width and girth – and which move less than 600 miles by the higher of either its "dimensional" or actual weight.

  • Reuters6 days ago

    UPDATE 1-China launches inquiry into FedEx parcel delivery errors - Xinhua

    Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua news agency reported on Friday. FedEx did not immediately respond to a request for comment. Xinhua previously reported that China would investigate whether FedEx damaged the legal rights and interests of its clients after Huawei Technologies Co Ltd said this month the U.S. company diverted parcels destined for the Chinese firm's addresses in Asia to the United States.

  • China launches inquiry into FedEx parcel delivery errors: Xinhua
    Reuters6 days ago

    China launches inquiry into FedEx parcel delivery errors: Xinhua

    Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua news agency reported on Friday. FedEx did not immediately respond to a request for comment. Xinhua previously reported that China would investigate whether FedEx damaged the legal rights and interests of its clients after Huawei Technologies Co Ltd said this month the U.S. company diverted parcels destined for the Chinese firm's addresses in Asia to the United States.

  • Investors Brush Off Concerns About Oil
    Investopedia7 days ago

    Investors Brush Off Concerns About Oil

    Traders don't seem worried about oil, and retail could still be the sweet spot over the next quarter.

  • Reuters7 days ago

    DHL says it will invest $150 million to expand U.S. healthcare business

    Deutsche Post DHL Group on Thursday said it will spend $150 million this year to expand its U.S. healthcare distribution network capacity by roughly 40 percent. The investment from DHL, the healthcare logistics leader with worldwide annual medical-related revenue of more than 3 billion euros ($3.4 billion), comes as rivals United Parcel Service Inc and FedEx Corp also eye that sector for growth. DHL's Supply Chain unit will add or expand nine Food and Drug Administration-compliant distribution sites for pharmaceutical, biotech and medical device companies in Indiana, North Carolina, Tennessee, Pennsylvania, California and Virginia - bringing the total of such U.S. facilities to 30.

  • TheStreet.com7 days ago

    Shipping Happens: FedEx Stock a Solid Investment

    There's almost a guarantee that increased online shopping will lead to volume increases for FedEx Corp. Adjusted earnings figure to be slightly lower in Q4, but the full year is likely to set a new all-time record, coming in at about $15.45 per share.

  • Here's What FedEx's Breakup With Amazon Means
    Motley Fool7 days ago

    Here's What FedEx's Breakup With Amazon Means

    The companies have always been wary allies, but they may both be better off as honest rivals.