FedEx Co. (NYSE:FDX) declared a quarterly dividend on Friday, November 15th, RTT News reports. Shareholders of record on Monday, December 9th will be paid a dividend of 0.65 per share by the shipping service provider on Thursday, January 2nd. This represents a $2.60 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Friday, December 6th.
FedEx stock opened at $151.14 on Wednesday. FedEx has a twelve month low of $137.78 and a twelve month high of $227.55. The company has a quick ratio of 1.25, a current ratio of 1.31 and a debt-to-equity ratio of 1.70. The stock’s 50 day moving average is $156.96 and its 200 day moving average is $159.08. The company has a market capitalization of $41.76 billion, a P/E ratio of 9.74, a PEG ratio of 1.10 and a beta of 1.71.
FedEx (NYSE:FDX) last posted its quarterly earnings results on Tuesday, September 17th. The shipping service provider reported $3.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.12). The company had revenue of $17.05 billion during the quarter, compared to analysts’ expectations of $17.05 billion. FedEx had a return on equity of 21.15% and a net margin of 0.65%. FedEx’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.46 EPS. As a group, equities analysts expect that FedEx will post 12.11 EPS for the current year.
In other news, Director R Brad Martin bought 1,000 shares of FedEx stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of $145.00 per share, with a total value of $145,000.00. Following the completion of the acquisition, the director now owns 49,046 shares of the company’s stock, valued at approximately $7,111,670. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John A. Edwardson bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was purchased at an average price of $151.75 per share, for a total transaction of $758,750.00. Following the completion of the transaction, the director now directly owns 62,966 shares of the company’s stock, valued at approximately $9,555,090.50. The disclosure for this purchase can be found here. 8.44% of the stock is owned by insiders.
FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company's FedEx Express segment offers shipping services for delivery of packages and freight. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages.
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