NYSE:FMC - FMC Stock Price, Forecast & News

FMC's stock was trading at $83.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FMC shares have decreased by 8.0% and is now trading at $76.62. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FMC in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FMC.

FMC is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for FMC.

FMC Corp (NYSE:FMC) released its quarterly earnings results on Wednesday, February, 5th. The basic materials company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.22. The basic materials company earned $1.20 billion during the quarter, compared to analysts' expectations of $1.19 billion. FMC had a return on equity of 29.69% and a net margin of 10.36%. FMC's revenue was up 8.9% compared to the same quarter last year. During the same period last year, the firm earned $1.69 EPS. View FMC's earnings history.

FMC announced a quarterly dividend on Friday, February 28th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.44 per share on Thursday, April 16th. This represents a $1.76 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Monday, March 30th. View FMC's dividend history.

FMC announced that its Board of Directors has initiated a share repurchase program on Monday, December 3rd 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

FMC updated its FY20 earnings guidance on Wednesday, February, 5th. The company provided earnings per share guidance of $6.45-6.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.68. The company issued revenue guidance of $4.80-4.95 billion, compared to the consensus revenue estimate of $4.86 billion.

17 brokerages have issued 1-year price targets for FMC's stock. Their forecasts range from $93.00 to $130.00. On average, they anticipate FMC's stock price to reach $106.24 in the next year. This suggests a possible upside of 38.7% from the stock's current price. View analysts' price targets for FMC.

Press coverage about FMC stock has been trending negative on Sunday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FMC earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFMC.

FMC saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,397,200 shares, an increase of 16.4% from the February 27th total of 2,060,000 shares. Based on an average daily volume of 906,900 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.9% of the company's stock are sold short. View FMC's Current Options Chain.

Some companies that are related to FMC include PPG Industries (PPG), Eastman Chemical (EMN), Huntsman (HUN), Olin (OLN) and LSB Industries (LXU).

Based on aggregate information from My MarketBeat watchlists, some companies that other FMC investors own include NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Intel (INTC), Albemarle (ALB), Alibaba Group (BABA), General Electric (GE), Boeing (BA), Verizon Communications (VZ) and Paypal (PYPL).

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

FMC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (4.93%), Boston Partners (3.90%), FMR LLC (2.63%), King Luther Capital Management Corp (2.27%), Bank of New York Mellon Corp (2.13%) and Geode Capital Management LLC (1.54%). Company insiders that own FMC stock include Andrea E Utecht, Dirk A Kempthorne, Eduardo E Cordeiro, Mark Douglas, Nicholas Pfeiffer, Paul W Graves, Pierre R Brondeau and Robert C Pallash. View institutional ownership trends for FMC.

FMC stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, AQR Capital Management LLC, Bank of America Corp DE, Alliancebernstein L.P., UBS Asset Management Americas Inc., Sei Investments Co., Jennison Associates LLC, and Sasco Capital Inc. CT. Company insiders that have sold FMC company stock in the last year include Mark Douglas, Nicholas Pfeiffer, and Pierre R Brondeau. View insider buying and selling activity for FMC.

FMC stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, PNC Financial Services Group Inc., State of Michigan Retirement System, Johanson Financial Advisors Inc., Kornitzer Capital Management Inc. KS, Clark Capital Management Group Inc., and KBC Group NV. Company insiders that have bought FMC stock in the last two years include Dirk A Kempthorne, Eduardo E Cordeiro, and Mark Douglas. View insider buying and selling activity for FMC.

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

One share of FMC stock can currently be purchased for approximately $76.62.

FMC has a market capitalization of $9.92 billion and generates $4.61 billion in revenue each year. The basic materials company earns $477.40 million in net income (profit) each year or $6.09 on an earnings per share basis. FMC employs 6,400 workers across the globe. View additional information about FMC.

The official website for FMC is http://www.fmc.com/.

FMC's mailing address is 2929 WALNUT STREET, PHILADELPHIA PA, 19104. The basic materials company can be reached via phone at 215-299-6000 or via email at [email protected]