FMC (FMC) Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FMC in the last twelve months. There are currently 1 sell rating and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FMC shares.
View FMC analyst ratings or view top-rated stocks.

13 Wall Street research analysts have issued 12-month price targets for FMC's stock. Their FMC share price forecasts range from $120.00 to $159.00. On average, they expect the company's share price to reach $143.38 in the next twelve months. This suggests a possible upside of 38.4% 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 on January 1st, 2023. Since then, FMC shares have decreased by 17.0% and is now trading at $103.59.
View the best growth stocks for 2023 here.

FMC saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,160,000 shares, a drop of 9.4% from the April 15th total of 1,280,000 shares. Based on an average daily trading volume, of 850,900 shares, the short-interest ratio is presently 1.4 days. Approximately 0.9% of the company's shares are short sold.
View FMC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our FMC earnings forecast.

FMC Co. (NYSE:FMC) announced its earnings results on Monday, May, 1st. The basic materials company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.04. The basic materials company earned $1.34 billion during the quarter, compared to analyst estimates of $1.43 billion. FMC had a net margin of 12.51% and a trailing twelve-month return on equity of 27.91%. FMC's revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.88 earnings per share.
Read the conference call transcript.

FMC announced a quarterly dividend on Thursday, April 27th. Investors of record on Friday, June 30th will be paid a dividend of $0.58 per share on Thursday, July 20th. This represents a $2.32 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Thursday, June 29th.
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), VanEck Agribusiness ETF (MOO), First Trust Indxx Global Natural Resources Income ETF (FTRI), Subversive Food Security ETF (KCAL), 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 2.24%. 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 40.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMC will have a dividend payout ratio of 26.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMC.

FMC announced that its board has authorized a stock buyback plan on Tuesday, February 8th 2022, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

FMC issued an update on its FY23 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $7.34-$7.94 for the period, compared to the consensus EPS estimate of $7.83. The company issued revenue guidance of $6.08-$6.22 billion, compared to the consensus revenue estimate of $6.15 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.31%), Wellington Management Group LLP (6.74%), State Street Corp (4.55%), Ameriprise Financial Inc. (3.72%), King Luther Capital Management Corp (2.37%) and Boston Partners (2.10%). 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 $103.59.

FMC (NYSE:FMC) has a market capitalization of $12.95 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 $5.73 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.