Fomento Económico Mexicano Stock Forecast, Price & News

Fomento Económico Mexicano (NYSE:FMX) Frequently Asked Questions

Is Fomento Económico Mexicano a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fomento Económico Mexicano in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Fomento Económico Mexicano stock.
View analyst ratings for Fomento Económico Mexicano or view top-rated stocks.

How has Fomento Económico Mexicano's stock been impacted by Coronavirus (COVID-19)?

Fomento Económico Mexicano's stock was trading at $65.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FMX stock has increased by 21.4% and is now trading at $80.04.
View which stocks have been most impacted by COVID-19.

Are investors shorting Fomento Económico Mexicano?

Fomento Económico Mexicano saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 328,100 shares, a drop of 26.3% from the December 15th total of 445,400 shares. Based on an average trading volume of 472,800 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the stock are sold short.
View Fomento Económico Mexicano's Short Interest.

When is Fomento Económico Mexicano's next earnings date?

Fomento Económico Mexicano is scheduled to release its next quarterly earnings announcement on Monday, March 7th 2022.
View our earnings forecast for Fomento Económico Mexicano.

How were Fomento Económico Mexicano's earnings last quarter?

Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) released its quarterly earnings results on Thursday, October, 28th. The company reported $1.92 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $1.04. The company had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.79 billion. Fomento Económico Mexicano had a trailing twelve-month return on equity of 6.63% and a net margin of 3.87%.
View Fomento Económico Mexicano's earnings history.

How often does Fomento Económico Mexicano pay dividends? What is the dividend yield for Fomento Económico Mexicano?

Fomento Económico Mexicano announced a semi-annual dividend on Wednesday, October 20th. Stockholders of record on Thursday, November 4th will be paid a dividend of $0.5677 per share on Monday, November 15th. This represents a yield of 1.7%. The ex-dividend date is Wednesday, November 3rd.
View Fomento Económico Mexicano's dividend history.

Is Fomento Económico Mexicano a good dividend stock?

Fomento Económico Mexicano pays an annual dividend of $1.10 per share and currently has a dividend yield of 1.36%. The dividend payout ratio of Fomento Económico Mexicano is 37.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fomento Económico Mexicano will have a dividend payout ratio of 30.30% next year. This indicates that Fomento Económico Mexicano will be able to sustain or increase its dividend.
View Fomento Económico Mexicano's dividend history.

What price target have analysts set for FMX?

6 equities research analysts have issued 1 year price targets for Fomento Económico Mexicano's shares. Their forecasts range from $90.00 to $200.00. On average, they expect Fomento Económico Mexicano's stock price to reach $113.67 in the next twelve months. This suggests a possible upside of 42.0% from the stock's current price.
View analysts' price targets for Fomento Económico Mexicano or view top-rated stocks among Wall Street analysts.

Who are Fomento Económico Mexicano's key executives?

Fomento Económico Mexicano's management team includes the following people:

• Daniel Alberto Rodríguez Cofré, Chief Executive Officer
• Eugenio Garza Y. Garza, CFO, Director-Finance & Corporate Development
• Gerardo Estrada Attolini, Vice President-Administration & Corporate Control
• Javier Gerardo Astaburuaga Sanjinés, Director & VP-Corporate Development
• Alfonso Garza Garza, Director & CEO-Strategic Business

What is José A. Fernández Carbajal's approval rating as Fomento Económico Mexicano's CEO?

49 employees have rated Fomento Económico Mexicano CEO José A. Fernández Carbajal on Glassdoor.com. José A. Fernández Carbajal has an approval rating of 93% among Fomento Económico Mexicano's employees. This puts José A. Fernández Carbajal in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Fomento Económico Mexicano's key competitors?

Some companies that are related to Fomento Económico Mexicano include Coca-Cola FEMSA (KOF), Monster Beverage (MNST), Coca-Cola Europacific Partners (CCEP), Coca-Cola HBC (CCHGY), Coca-Cola Consolidated (COKE), National Beverage (FIZZ), Celsius (CELH), Britvic (BTVCY), Primo Water (PRMW), Zevia PBC (ZVIA), Reed's (REED), Matchaah (MCHA) and Seawright (SWRI).
View all of FMX's competitors.

What other stocks do shareholders of Fomento Económico Mexicano own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fomento Económico Mexicano investors own include PayPal (PYPL), SEA (SE), Verizon Communications (VZ), Alibaba Group (BABA), Pfizer (PFE), Invesco QQQ Trust (QQQ), Mastercard (MA), Netflix (NFLX), Tesla (TSLA) and Broadcom (AVGO).

What is Fomento Económico Mexicano's stock symbol?

Fomento Económico Mexicano trades on the New York Stock Exchange (NYSE) under the ticker symbol "FMX."

Who are Fomento Económico Mexicano's major shareholders?

Fomento Económico Mexicano's stock is owned by many different institutional and retail investors. Top institutional investors include Sarasin & Partners LLP (0.14%), Coerente Capital Management (0.04%), Pendal Group Ltd (0.03%), Dixon Hubard Feinour & Brown Inc. VA (0.01%), Crossmark Global Holdings Inc. (0.01%) and Deltec Asset Management LLC (0.01%).

Which institutional investors are selling Fomento Económico Mexicano stock?

FMX stock was sold by a variety of institutional investors in the last quarter, including Deltec Asset Management LLC, Coerente Capital Management, Parallel Advisors LLC, Whittier Trust Co. of Nevada Inc., Veriti Management LLC, Confluence Investment Management LLC, and Signaturefd LLC.

Which institutional investors are buying Fomento Económico Mexicano stock?

FMX stock was acquired by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Dixon Hubard Feinour & Brown Inc. VA, Crossmark Global Holdings Inc., Symmetry Partners LLC, Sarasin & Partners LLP, and Trust Co. of Vermont.

How do I buy shares of Fomento Económico Mexicano?

Shares of FMX 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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What is Fomento Económico Mexicano's stock price today?

One share of FMX stock can currently be purchased for approximately $80.04.

How much money does Fomento Económico Mexicano make?

Fomento Económico Mexicano has a market capitalization of $28.64 billion and generates $23.12 billion in revenue each year. The company earns $188 million in net income (profit) each year or $2.92 on an earnings per share basis.

How many employees does Fomento Económico Mexicano have?

Fomento Económico Mexicano employs 320,618 workers across the globe.

When was Fomento Económico Mexicano founded?

Fomento Económico Mexicano was founded in 1993.

What is Fomento Económico Mexicano's official website?

The official website for Fomento Económico Mexicano is www.femsa.com.

Where are Fomento Económico Mexicano's headquarters?

Fomento Económico Mexicano is headquartered at GENE COLONIA BELLA VISTARAL ANAYA NO 601 PTE, MONTERREY N.L. O5, 64410.

How can I contact Fomento Económico Mexicano?

Fomento Económico Mexicano's mailing address is GENE COLONIA BELLA VISTARAL ANAYA NO 601 PTE, MONTERREY N.L. O5, 64410. The company can be reached via phone at 528183286000, via email at [email protected], or via fax at 01 81 83286080.