NYSE:FTI - TechnipFMC Stock Price, Forecast & News

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

TechnipFMC declared a quarterly dividend on Tuesday, October 22nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Monday, November 18th. View TechnipFMC's Dividend History.

TechnipFMC declared that its Board of Directors has approved a share repurchase plan on Wednesday, December 12th 2018, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

TechnipFMC PLC (NYSE:FTI) released its quarterly earnings data on Wednesday, October, 23rd. The oil and gas company reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.38. The oil and gas company had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.54 billion. TechnipFMC had a positive return on equity of 2.11% and a negative net margin of 16.30%. TechnipFMC's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $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 issued an update on its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (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.

18 Wall Street analysts have issued twelve-month price objectives for TechnipFMC's stock. Their forecasts range from $21.00 to $35.00. On average, they expect TechnipFMC's stock price to reach $28.25 in the next twelve months. This suggests a possible upside of 42.0% from the stock's current price. View Analyst Price Targets for TechnipFMC.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechnipFMC.

Press coverage about FTI stock has been trending extremely negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TechnipFMC earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the next several days. View News Stories for TechnipFMC.

TechnipFMC saw a decrease in short interest in November. As of November 29th, there was short interest totalling 9,570,000 shares, a decrease of 10.0% from the November 14th total of 10,630,000 shares. Based on an average trading volume of 4,010,000 shares, the short-interest ratio is presently 2.4 days. Currently, 2.3% of the company's shares 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), Helix Energy Solutions Group (HLX), Oceaneering International (OII), Oil States International (OIS), RPC (RES), Seacor (CKH), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS), Era Group (ERA) and Forum Energy Technologies (FET).

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), Broadcom (AVGO), NVIDIA (NVDA), Gilead Sciences (GILD), Intel (INTC), Micron Technology (MU) and Cabot Oil & Gas (COG).

TechnipFMC's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 bought 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 $19.90.

TechnipFMC has a market capitalization of $8.92 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]