NYSE:FMX - Fomento Economico Mexicano SAB Stock Price, News, & Analysis

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

Fomento Economico Mexicano SAB declared a dividend on Wednesday, April 4th. Stockholders of record on Thursday, May 3rd will be given a dividend of $0.756 per share on Thursday, May 3rd. The ex-dividend date is Wednesday, May 2nd. This is a positive change from Fomento Economico Mexicano SAB's previous dividend of $0.68. View Fomento Economico Mexicano SAB's Dividend History.

Fomento Economico Mexicano SAB (NYSE:FMX) released its quarterly earnings results on Friday, July, 27th. The company reported $1.25 EPS for the quarter, beating the Zacks' consensus estimate of $0.98 by $0.27. The company earned $6.45 billion during the quarter, compared to the consensus estimate of $6.36 billion. Fomento Economico Mexicano SAB had a return on equity of 13.91% and a net margin of 9.31%. View Fomento Economico Mexicano SAB's Earnings History.

Fomento Economico Mexicano SAB is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Fomento Economico Mexicano SAB.

5 brokerages have issued 12 month target prices for Fomento Economico Mexicano SAB's stock. Their forecasts range from $114.00 to $120.00. On average, they anticipate Fomento Economico Mexicano SAB's share price to reach $117.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Fomento Economico Mexicano SAB.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fomento Economico Mexicano SAB in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fomento Economico Mexicano SAB.

Fomento Economico Mexicano SAB saw a decrease in short interest in July. As of July 13th, there was short interest totalling 647,298 shares, a decrease of 33.7% from the June 29th total of 975,720 shares. Based on an average daily volume of 576,426 shares, the days-to-cover ratio is presently 1.1 days. View Fomento Economico Mexicano SAB's Current Options Chain.

Some companies that are related to Fomento Economico Mexicano SAB include Monster Beverage (MNST), Coca-Cola European Partners (CCE), Coca-Cola FEMSA (KOF), COCA-COLA HBC A/ADR (CCHGY), National Beverage (FIZZ), Embotelladora Andina SA ADR Series B (AKO.B), Embotelladora Andina SA ADR Series A (AKO.A), Cott (COT), Coca-Cola Bottling Co Consolidated (COKE), Celsius (CELH), Golfgear International (MCHA) and Leading Brands (LBIX).

Media coverage about FMX stock has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fomento Economico Mexicano SAB earned a media and rumor sentiment score of 0.07 on Accern's scale. They also assigned news stories about the company an impact score of 47.58 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Fomento Economico Mexicano SAB.

Fomento Economico Mexicano SAB's stock is owned by many different of institutional and retail investors. Top institutional investors include Standard Life Aberdeen plc (3.32%), Vontobel Asset Management Inc. (2.01%), OppenheimerFunds Inc. (0.96%), Morgan Stanley (0.68%), Wells Fargo & Company MN (0.53%) and Janus Henderson Group PLC (0.48%).

FMX stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Morgan Stanley, FMR LLC, Dimensional Fund Advisors LP, Hexavest Inc., Renaissance Technologies LLC, USS Investment Management Ltd and OppenheimerFunds Inc..

FMX stock was bought by a variety of institutional investors in the last quarter, including Vontobel Asset Management Inc., Fiera Capital Corp, Janus Henderson Group PLC, Coronation Fund Managers Ltd., Sarasin & Partners LLP, Acadian Asset Management LLC, BlackRock Inc. and Millennium Management LLC.

Shares of FMX 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, Scottrade, Fidelity and Charles Schwab.

One share of FMX stock can currently be purchased for approximately $96.45.

Fomento Economico Mexicano SAB has a market capitalization of $34.21 billion and generates $24.42 billion in revenue each year. The company earns $2.16 billion in net income (profit) each year or $6.03 on an earnings per share basis. Fomento Economico Mexicano SAB employs 266,144 workers across the globe.

Fomento Economico Mexicano SAB's mailing address is GENERAL ANAYA NO 601 PTE COLONIA BELLA VISTA, MONTERREY O5, 64410. The company can be reached via phone at 52-81-8328-6000 or via email at [email protected]