United Parcel Service, Inc. (UPS)

NYSE: UPS · IEX Real-Time Price · USD
148.06
+0.29 (0.20%)
At close: May 9, 2024, 4:00 PM
148.28
+0.22 (0.15%)
After-hours: May 9, 2024, 5:21 PM EDT
0.20%
Market Cap 126.24B
Revenue (ttm) 89.74B
Net Income (ttm) 5.93B
Shares Out 852.65M
EPS (ttm) 6.91
PE Ratio 21.43
Forward PE 16.75
Dividend $6.52 (4.40%)
Ex-Dividend Date May 10, 2024
Volume 2,473,627
Open 148.08
Previous Close 147.77
Day's Range 147.22 - 148.39
52-Week Range 133.68 - 192.98
Beta 1.05
Analysts Buy
Price Target 165.38 (+11.7%)
Earnings Date Apr 23, 2024

About UPS

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite inte... [Read more]

Sector Industrials
IPO Date Nov 10, 1999
Employees 500,000
Stock Exchange NYSE
Ticker Symbol UPS
Full Company Profile

Financial Performance

In 2023, UPS's revenue was $90.96 billion, a decrease of -9.35% compared to the previous year's $100.34 billion. Earnings were $6.71 billion, a decrease of -41.91%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for UPS stock is "Buy." The 12-month stock price forecast is $165.38, which is an increase of 11.70% from the latest price.

Price Target
$165.38
(11.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

UPS Chief Financial Officer Brian Newman to Depart

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) announced today that Brian Newman, executive vice president and chief financial officer, will leave the company on June 1. UPS will evaluate internal and exte...

3 days ago - Business Wire

UPS Announces Quarterly Dividend

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.63 per share on all outstanding Class A and Class B shares. The dividend is payable May 30, 2024, to shar...

8 days ago - Business Wire

What's Next For UPS Stock After A 6% Fall This Year?

UPS (NYSE: UPS) recently reported its Q1 results, with revenues missing but earnings ahead of our estimates. The company reported revenue of $21.7 billion and adjusted earnings of $1.43 per share, com...

9 days ago - Forbes

Focus: UPS, FedEx transition to electric vans slowed by battery shortages, low supply

UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions.

Other symbols: FDX
14 days ago - Reuters

UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes

UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing.

16 days ago - PYMNTS

UPS Posts Q1 Profit Beat, Revenue Miss

United Parcel Service (UPS) on Tuesday released first-quarter results that surpassed analyst expectations for adjusted profit but fell short of revenue expectations.

16 days ago - Investopedia

UPS and FedEx are desperate for volumes, says Conor Cunningham

Conor Cunningham, Director at Melius Research, discusses earnings from UPS.

Other symbols: FDX
16 days ago - CNBC Television

UPS' stock rises as profit fell but beat expectations, while revenue came up a bit shy

Average U.S. daily package volume fell 3.2% with weakness in next-day air, while average revenue per piece slipped 0.3%

16 days ago - Market Watch

UPS quarterly profit falls on high labor costs, weak small-package demand

United Parcel Service reported a decline in first-quarter profit on Tuesday, as margins came under pressure from subdued demand for small-package delivery and higher costs tied to a new labor contract...

16 days ago - Reuters

UPS Releases 1Q 2024 Earnings

ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) today announced first-quarter 2024 consolidated revenues of $21.7 billion, a 5.3% decrease from the first quarter of 2023. Consolidated operating profit was $1...

16 days ago - Business Wire

Here's What To Anticipate From UPS' Q1

United Parcel Service (NYSE: UPS) is scheduled to report its Q1 2024 results on Tuesday, April 23. We expect UPS to post revenue of $22 billion and earnings of $1.38 on a per-share and adjusted basis,...

17 days ago - Forbes

What You Need to Know Ahead of UPS Earnings Tuesday

United Parcel Service (UPS) reports earnings before the bell Tuesday, with analysts projecting year-over-year drops in revenue and income as UPS and FedEx (FDX) have seen demand fall after hitting rec...

20 days ago - Investopedia

UPS To Release First-Quarter 2024 Results On Tuesday, April 23, 2024

ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) will announce its 2024 first-quarter results on April 23, 2024, at approximately 6:00 a.m. Eastern Time. At 8:30 a.m. ET, UPS Chief Executive Officer Carol Tom...

4 weeks ago - Business Wire

Postal Service Picks UPS to Move Air Cargo, Replacing FedEx

The FedEx contract is set to end in September after more than 20 years.

Other symbols: FDX
5 weeks ago - WSJ

UPS Replaces FedEx as USPS' Primary Air Cargo Provider

United Parcel Service (UPS) announced Monday it is becoming the primary air cargo provider of the United States Postal Service (USPS), replacing FedEx (FDX) in the position.

5 weeks ago - Investopedia

Postal Service Replaces FedEx With UPS For Air Cargo

UPS announced Monday that it will become the primary air cargo provider for the United States Postal Service, in what it called a “significant partnership expansion,” replacing FedEx after the company...

5 weeks ago - Forbes

UPS in, FedEx out as the primary air cargo provider for U.S. Mail

United Parcel Service Inc (NYSE: UPS) is in the green this morning after the United States Postal Service said the multinational will become its primary air cargo provider. FedEx is parting ways with ...

Other symbols: FDX
5 weeks ago - Invezz

UPS Announces Significant Partnership Expansion with USPS

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced the company has been awarded a significant air cargo contract by the United Stated Postal Service (USPS). This award is effective immediately ...

5 weeks ago - Business Wire

These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Trinity Industries (NYSE:TRN), MSC Industrial Direct Co (NYSE:MSM)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: MSMTRN
6 weeks ago - Benzinga

UPS CEO Carol Tome Explains How Her Stock Can Go Higher.

UPS stock fell Tuesday after the company laid out aggressive 2026 financial targets. Investors might not be giving CEO Carol Tome enough credit.

6 weeks ago - Barrons

Volume growth is a lag on UPS, says CFRA's Stewart Glickman

Stewart Glickman, CFRA Deputy Research Director, joins 'Closing Bell: Overtime' to discuss UPS as the company's stock has its worse day since January.

6 weeks ago - CNBC Television

UPS CEO Tomé on Growth Opportunities, Cost Cuts, Bridge Collapse

UPS CEO Carol Tomé discusses the company's growth opportunities and cost-cutting plans. Speaking with Alix Steel and Romaine Bostick on Bloomberg Television, Tomé also comments on the supply chain imp...

6 weeks ago - Bloomberg Markets and Finance

UPS CEO on Key Bridge Collapse: 'We'll Help Reroute'

UPS CEO Carol Tomé comments on the potential economic toll of the collapse of the Francis Scott Key Bridge in Baltimore. For more on this story, please see: https://www.bloomberg.com/news/articles/202...

6 weeks ago - Bloomberg Markets and Finance

UPS CEO: We are leaning toward automation in ways we have never had before

UPS CEO Carol Tomé joins 'The Exchange' with CNBC's Morgan Brennan to discuss the company's 2026 financial targets, margin growth, and more.

6 weeks ago - CNBC Television

UPS Projects Revenue Above Expectations

United Parcel Service (UPS) released projections Tuesday that beat estimates, as the delivery giant works to cut costs amid a slowdown in shipping demand.

6 weeks ago - Investopedia