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 stock has increased by 24.0% and is now trading at $103.21. 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 results on Tuesday, May, 5th. The basic materials company reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.81 by $0.03. The basic materials company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.25 billion. FMC had a return on equity of 30.32% and a net margin of 10.02%. FMC's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the business posted $1.72 EPS. View FMC's earnings history.

FMC announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.44 per share on Thursday, July 16th. This represents a $1.76 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Monday, June 29th. View FMC's dividend history.

FMC announced that its board has initiated a share buyback plan on Monday, December 3rd 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

FMC issued an update on its FY20 earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) guidance of $6.05-6.70 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued 12 month target prices for FMC's shares. Their forecasts range from $95.00 to $126.00. On average, they expect FMC's stock price to reach $107.94 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View analysts' price targets for FMC.

News coverage about FMC stock has trended neutral on Saturday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FMC earned a news impact score of 0.4 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutFMC.

FMC saw a decline in short interest in the month of 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 presently 2.0 days. Currently, 1.8% 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). 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 a number of retail and institutional investors. Top institutional investors 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 acquired 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 $103.21.

FMC has a market capitalization of $13.36 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]