NYSE:FTITechnipFMC Stock Price, Forecast & News

TechnipFMC's stock was trading at $8.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FTI stock has decreased by 12.1% and is now trading at $7.06. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 2 sell ratings, 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TechnipFMC.

TechnipFMC is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for TechnipFMC.

TechnipFMC will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

TechnipFMC PLC (NYSE:FTI) issued its quarterly earnings results on Wednesday, April, 22nd. The oil and gas company reported ($0.11) EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.33. The oil and gas company had revenue of $3.13 billion for the quarter, compared to analysts' expectations of $3.38 billion. TechnipFMC had a positive return on equity of 2.41% and a negative net margin of 40.74%. The firm's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 earnings per share. View TechnipFMC's earnings history.

TechnipFMC announced a quarterly dividend on Monday, February 24th. Investors of record on Tuesday, March 24th will be paid a dividend of $0.13 per share on Wednesday, April 8th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date is Monday, March 23rd. View TechnipFMC's dividend history.

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

19 analysts have issued 1 year price objectives for TechnipFMC's shares. Their forecasts range from $5.70 to $35.00. On average, they anticipate TechnipFMC's share price to reach $16.39 in the next year. This suggests a possible upside of 132.2% from the stock's current price. View analysts' price targets for TechnipFMC.

Press coverage about FTI stock has been trending very negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, 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 news stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about TechnipFMC.

TechnipFMC saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 9,130,000 shares, a decline of 30.8% from the June 15th total of 13,200,000 shares. Based on an average trading volume of 6,260,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.2% of the company's shares are sold short. 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), RPC (RES), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Era Group (ERA), Oil States International (OIS), Matrix Service (MTRX), Tidewater (TDW), Newpark Resources (NR), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TechnipFMC investors own include Bank of America (BAC), Intelsat (I), Booking (BKNG), Gilead Sciences (GILD), NVIDIA (NVDA), Cisco Systems (CSCO), General Electric (GE), Intel (INTC), Netflix (NFLX) and Adobe (ADBE).

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

TechnipFMC's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.02%), FNY Investment Advisers LLC (0.02%) and Everence Capital Management Inc. (0.01%). Company insiders that own TechnipFMC stock include Bradley D Beitler, Douglas J Pferdehirt, Maryann T Mannen and Olivier Piou. View institutional ownership trends for TechnipFMC.

FTI stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Everence Capital Management Inc., and Envestnet Asset Management Inc.. Company insiders that have bought TechnipFMC stock in the last two years include Douglas J Pferdehirt, and Olivier Piou. View insider buying and selling activity 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 $7.06.

TechnipFMC has a market capitalization of $3.16 billion and generates $13.41 billion in revenue each year. The oil and gas company earns $-2,415,200,000.00 in net income (profit) each year or $0.74 on an earnings per share basis. TechnipFMC employs 37,000 workers across the globe.

The official website for TechnipFMC is 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]