NYSE:FMCFMC Stock Price, Forecast & News

FMC's stock was trading at $83.26 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FMC shares have increased by 17.0% and is now trading at $97.38. View which stocks have been most 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 Tuesday, August 4th 2020. View our earnings forecast for FMC.

FMC Corp (NYSE:FMC) issued its quarterly earnings data on Tuesday, May, 5th. The basic materials company reported $1.84 EPS for the quarter, topping the Zacks' consensus estimate of $1.81 by $0.03. The basic materials company earned $1.25 billion during the quarter, compared to the consensus estimate of $1.25 billion. FMC had a net margin of 10.02% and a return on equity of 30.32%. FMC's revenue was up 4.9% on a year-over-year basis. During the same period last year, the company posted $1.72 EPS. View FMC's earnings history.

FMC declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.44 per share on Thursday, July 16th. This represents a $1.76 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Monday, June 29th. View FMC's dividend history.

FMC declared that its board has initiated a stock buyback program on Monday, December 3rd 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its stock is undervalued.

FMC issued an update on its FY20 earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of $6.05-6.70 for the period, compared to the Thomson Reuters consensus estimate of $6.27. The company issued revenue guidance of $4.65-4.85 billion, compared to the consensus revenue estimate of $4.76 billion.

17 equities research analysts have issued 1-year target prices for FMC's stock. Their forecasts range from $90.00 to $126.00. On average, they anticipate FMC's share price to reach $107.06 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View analysts' price targets for FMC.

News headlines about FMC stock have trended positive recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FMC earned a news impact score of 2.7 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the near future. View the latest news aboutFMC.

FMC saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,270,000 shares, a decline of 7.7% from the April 30th total of 2,460,000 shares. Based on an average trading volume of 1,130,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.8% of the shares of the company are short sold. 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). View all competitors.

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

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 Wellington Management Group LLP (8.17%), BlackRock Inc. (7.08%), State Street Corp (4.92%), King Luther Capital Management Corp (2.20%), Bank of New York Mellon Corp (1.98%) and JPMorgan Chase & Co. (1.68%). 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 State of Michigan Retirement System, Johanson Financial Advisors Inc., Retirement Systems of Alabama, Kornitzer Capital Management Inc. KS, Wafra Inc., Bank of New York Mellon Corp, New South Capital Management Inc., and KBC Group NV. 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 purchased by a variety of institutional investors in the last quarter, including Pelham Capital Ltd., Manning & Napier Group LLC, Sumitomo Mitsui Trust Holdings Inc., Deutsche Bank AG, Wells Fargo & Company MN, Clark Estates Inc. NY, Silvercrest Asset Management Group LLC, and Envestnet Asset Management Inc.. 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 $97.38.

FMC has a market capitalization of $12.61 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.

The official website for FMC is 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]