S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
NYSE:FMX

Fomento Económico Mexicano Stock Forecast, Price & News

$80.04
-0.56 (-0.69%)
(As of 01/25/2022 12:00 AM ET)
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Today's Range
$78.49
$80.26
50-Day Range
$69.55
$83.11
52-Week Range
$67.74
$89.59
Volume
626,294 shs
Average Volume
510,177 shs
Market Capitalization
$28.64 billion
P/E Ratio
27.41
Dividend Yield
1.36%
Beta
1.09
30 days | 90 days | 365 days | Advanced Chart
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Fomento Económico Mexicano logo

About Fomento Económico Mexicano

Fomento Economico Mexicano SAB de CV operates as a holding company, which engages in the production, distribution, and marketing of beverages. The firm also produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages. It operates through the following segments: Coca-Cola FEMSA; FEMSA-Comercio Proximity Division; FEMSA-Comercio Health Division; FEMSA-Comercio Fuel Division; Heineken Investment; and Other Business. The Coca-Cola FEMSA segment produces, markets, sells, and distributes Coca-Cola trademark beverages through standard bottler agreements in the territories where it operates. The FEMSA-Comercio Proximity Division segment operates a chain of small-format stores in Mexico. The FEMSA-Comercio Health Division segment involves drugstores and related operations. The FEMSA-Comercio Fuel Division segment deals with retail service stations for fuels, motor oils, and other car care products. The Heineken Investment segment invests in Heineken and distributes beer in a large number of countries. The Other Business segment involves other companies and corporate activities. The company was founded by Isaac Garza, José Calderón, José A. Mugue

Headlines

Fomento Economico Mexicano is Now Oversold (FMX)
November 17, 2021 |  nasdaq.com
FEMSA Announces Third Quarter 2021 Results
October 28, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
N/A
Employees
320,618
Year Founded
1993

Sales & Book Value

Annual Sales
$23.12 billion
Cash Flow
$3.93 per share
Book Value
$43.15 per share

Profitability

Net Income
$188 million
Pretax Margin
6.42%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$28.64 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 11/15 Dividend
11/03/2021
Dividend Payable
11/15/2021
Today
1/26/2022
Next Earnings (Estimated)
3/07/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.34 out of 5 stars

Consumer Staples Sector

72nd out of 184 stocks

Bottled & Canned Soft Drinks Industry

4th out of 12 stocks

Analyst Opinion: 3.4Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












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.

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.
Compare Top Brokerages Here.

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.


This page was last updated on 1/26/2022 by MarketBeat.com Staff

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