TechnipFMC Stock Price, Forecast & Analysis (NYSE:FTI)

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

TechnipFMC declared 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 2.53%. The ex-dividend date of this dividend is Monday, November 18th. View TechnipFMC's Dividend History.

TechnipFMC announced that its board has approved a stock repurchase program on Wednesday, December 12th 2018, which allows the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

TechnipFMC PLC (NYSE:FTI) issued its quarterly earnings results on Wednesday, October, 23rd. The oil and gas company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.38. The oil and gas company had revenue of $3.34 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.09 EPS. 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.

20 brokerages have issued 1 year price targets for TechnipFMC's stock. Their forecasts range from $23.45 to $35.00. On average, they expect TechnipFMC's stock price to reach $29.25 in the next year. This suggests a possible upside of 42.2% from the stock's current price. View Analyst Price Targets for TechnipFMC.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechnipFMC.

Headlines about FTI stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for TechnipFMC.

TechnipFMC saw a decline in short interest in October. As of October 31st, there was short interest totalling 7,920,000 shares, a decline of 14.5% from the September 30th total of 9,260,000 shares. Based on an average daily trading volume, of 4,130,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.9% 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), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Oil States International (OIS), RPC (RES), Seacor (CKH), Tidewater (TDW), Newpark Resources (NR), Matrix Service (MTRX), Era Group (ERA), Geospace Technologies (GEOS) 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), Twitter (TWTR) and Associated British Foods (ABF).

TechnipFMC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State of Tennessee Treasury Department (0.67%), Fisher Asset Management LLC (0.21%), Nan Shan Life Insurance Co. Ltd. (0.19%), SG Americas Securities LLC (0.17%), Massachusetts Financial Services Co. MA (0.13%) and Envestnet Asset Management Inc. (0.12%). Company insiders that own TechnipFMC stock include Bradley D Beitler, Dianne B Ralston, Douglas J Pferdehirt, John C G Oleary, 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 Viking Fund Management LLC, Tower Research Capital LLC TRC , Nikko Asset Management Americas Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Artemis Investment Management LLP, Retirement Systems of Alabama, Congress Asset Management Co. MA and Rhumbline Advisers. View Insider Buying and Selling for TechnipFMC.

FTI stock was acquired by a variety of institutional investors in the last quarter, including 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., Adams Natural Resources Fund Inc. and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have bought TechnipFMC stock in the last two years include Douglas J Pferdehirt and John C G Oleary. 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 $20.56.

TechnipFMC has a market capitalization of $9.21 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]chnipfmc.com.