FMC (FMC) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FMC in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FMC shares.
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14 brokerages have issued 1-year price objectives for FMC's stock. Their FMC share price forecasts range from $71.00 to $159.00. On average, they expect the company's stock price to reach $115.13 in the next year. This suggests a possible upside of 74.4% from the stock's current price.
View analysts price targets for FMC or view top-rated stocks among Wall Street analysts.

FMC's stock was trading at $124.80 at the beginning of 2023. Since then, FMC stock has decreased by 47.1% and is now trading at $66.01.
View the best growth stocks for 2023 here.

FMC saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,080,000 shares, an increase of 43.3% from the August 15th total of 2,150,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.5% of the shares of the company are short sold.
View FMC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our FMC earnings forecast.

FMC will be holding an earnings conference call on Tuesday, October 31st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "203474".

FMC Co. (NYSE:FMC) issued its quarterly earnings results on Wednesday, August, 2nd. The basic materials company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by $0.09. The basic materials company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.02 billion. FMC had a trailing twelve-month return on equity of 21.97% and a net margin of 11.60%. The company's revenue for the quarter was down 30.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.93 earnings per share.
Read the conference call transcript.

FMC announced a quarterly dividend on Friday, July 21st. Investors of record on Friday, September 29th will be paid a dividend of $0.58 per share on Thursday, October 19th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for FMC.

ETFs with the largest weight of FMC (NYSE:FMC) stock in their portfolio include VanEck Future of Food ETF (YUMY), iShares Emergent Food and AgTech Multisector ETF (IVEG), Invesco S&P 500 Equal Weight Materials ETF (RTM), Invesco S&P 500 Equal Weight Materials ETF (RSPM), VanEck Agribusiness ETF (MOO), First Trust Indxx Global Natural Resources Income ETF (FTRI), iShares MSCI Agriculture Producers ETF (VEGI) and First Trust Indxx Global Agriculture ETF (FTAG).

FMC (NYSE:FMC) pays an annual dividend of $2.32 per share and currently has a dividend yield of 3.42%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 47.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMC will have a dividend payout ratio of 32.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMC.

FMC declared that its board has approved a stock buyback program on Tuesday, February 8th 2022, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

FMC updated its fourth quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $2.71-$3.17 for the period. The company issued revenue guidance of $1.66 billion-$1.78 billion.

116 employees have rated FMC Chief Executive Officer Pierre Brondeau on Glassdoor.com. Pierre Brondeau has an approval rating of 93% among the company's employees. This puts Pierre Brondeau in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other FMC investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Tesla (TSLA), Johnson & Johnson (JNJ), Albemarle (ALB), Boeing (BA), Walt Disney (DIS) and PayPal (PYPL).

FMC trades on the New York Stock Exchange (NYSE) under the ticker symbol "FMC."

FMC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (45.47%), BlackRock Inc. (8.99%), State Street Corp (4.61%), Boston Partners (2.37%), King Luther Capital Management Corp (2.20%) and Geode Capital Management LLC (2.13%). Insiders that own company stock include Andrew D Sandifer, Andrew D Sandifer, Carol Anthony Davidson, Eduardo E Cordeiro, Mark Douglas, Michael Finian Reilly, Nicholas Pfeiffer and Ronaldo Pereira.
View institutional ownership trends.

Shares of FMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FMC stock can currently be purchased for approximately $66.01.

FMC (NYSE:FMC) has a market capitalization of $8.23 billion and generates $5.80 billion in revenue each year. The basic materials company earns $731.50 million in net income (profit) each year or $4.91 on an earnings per share basis.

The company employs 6,600 workers across the globe.

FMC's mailing address is 2929 WALNUT STREET, PHILADELPHIA PA, 19104. The official website for the company is www.fmc.com. The basic materials company can be reached via phone at (215) 299-6000, via email at michael.wherley@fmc.com, or via fax at 215-299-5998.