NYSE:FTI - TechnipFMC Stock Price, Forecast & News

TechnipFMC trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTI."

TechnipFMC announced a quarterly dividend on Tuesday, October 22nd. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.13 per share on Wednesday, December 4th. This represents a $0.52 annualized dividend and a yield of 2.75%. The ex-dividend date is Monday, November 18th. View TechnipFMC's Dividend History.

TechnipFMC announced that its Board of Directors has approved a share repurchase program on Wednesday, December 12th 2018, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

TechnipFMC PLC (NYSE:FTI) released its earnings results on Wednesday, October, 23rd. The oil and gas company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.38. The oil and gas company earned $3.34 billion during the quarter, compared to the consensus estimate of $3.54 billion. TechnipFMC had a negative net margin of 16.30% and a positive return on equity of 2.11%. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.09 earnings per share. View TechnipFMC's Earnings History.

TechnipFMC is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for TechnipFMC.

TechnipFMC updated its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $13.2-13.8 billion, compared to the consensus revenue estimate of $13.52 billion.

19 brokers have issued 12-month price targets for TechnipFMC's shares. Their forecasts range from $21.00 to $35.00. On average, they expect TechnipFMC's share price to reach $28.68 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price. View Analyst Price Targets for TechnipFMC.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechnipFMC.

News stories about FTI stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TechnipFMC earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for TechnipFMC.

TechnipFMC saw a increase in short interest in November. As of November 15th, there was short interest totalling 11,400,000 shares, an increase of 43.9% from the October 31st total of 7,920,000 shares. Based on an average trading volume of 4,190,000 shares, the short-interest ratio is presently 2.7 days. Approximately 2.7% of the shares of the stock are short sold. View TechnipFMC's Current Options Chain.

Some companies that are related to TechnipFMC include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), Dril-Quip (DRQ), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Oil States International (OIS), Seacor (CKH), RPC (RES), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS), Era Group (ERA) and TETRA Technologies (TTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other TechnipFMC investors own include Bank of America (BAC), Intelsat (I), Booking (BKNG), Fossil Group (FOSL), Chaarat Gold (CGH), Broadcom (AVGO), Ciena (CIEN), Cabot Oil & Gas (COG), Cypress Semiconductor (CY) and NVIDIA (NVDA).

TechnipFMC's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.13%), Millennium Management LLC (1.15%), State of Tennessee Treasury Department (0.67%), Parametric Portfolio Associates LLC (0.29%), Fairpointe Capital LLC (0.29%) and Fisher Asset Management LLC (0.21%). Company insiders that own TechnipFMC stock include Bradley D Beitler, Dianne B Ralston, Douglas J Pferdehirt, John C G Oleary, Olivier Piou, Richard A Pattarozzi and Richard G Alabaster. View Institutional Ownership Trends for TechnipFMC.

FTI stock was sold by a variety of institutional investors in the last quarter, including Fairpointe Capital LLC, State Street Corp, Viking Fund Management LLC, Tower Research Capital LLC TRC, Nikko Asset Management Americas Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Worldquant Millennium Advisors LLC and Artemis Investment Management LLP. View Insider Buying and Selling for TechnipFMC.

FTI stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of Tennessee Treasury Department, SG Americas Securities LLC, Envestnet Asset Management Inc., State of New Jersey Common Pension Fund D, Robeco Institutional Asset Management B.V., Nan Shan Life Insurance Co. Ltd. and Adams Natural Resources Fund Inc.. Company insiders that have bought TechnipFMC stock in the last two years include Douglas J Pferdehirt, John C G Oleary and Olivier Piou. View Insider Buying and Selling for TechnipFMC.

Shares of FTI 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 FTI stock can currently be purchased for approximately $18.88.

TechnipFMC has a market capitalization of $8.46 billion and generates $12.55 billion in revenue each year. The oil and gas company earns $-1,921,600,000.00 in net income (profit) each year or $0.82 on an earnings per share basis. TechnipFMC employs 37,000 workers across the globe.View Additional Information About TechnipFMC.

The official website for TechnipFMC is http://www.technipfmc.com/.

TechnipFMC's mailing address is ONE ST. PAUL`S CHURCHYARD, LONDON X0, EC4M 8AP. The oil and gas company can be reached via phone at 44-20-3429-3950 or via email at [email protected]