NYSE:FTITechnipFMC Stock Price, Forecast & News

TechnipFMC's stock was trading at $8.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FTI shares have decreased by 10.2% and is now trading at $7.21. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechnipFMC in the last year. There are currently 2 sell ratings, 5 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 22nd 2020. View our earnings forecast for TechnipFMC.

TechnipFMC PLC (NYSE:FTI) released its quarterly earnings data 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 earned $3.13 billion during the quarter, compared to analyst estimates of $3.38 billion. TechnipFMC had a negative net margin of 40.74% and a positive return on equity of 2.41%. The firm's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 EPS. View TechnipFMC's earnings history.

TechnipFMC declared a quarterly dividend on Monday, February 24th. Stockholders of record on Tuesday, March 24th will be given a dividend of $0.13 per share on Wednesday, April 8th. This represents a $0.52 annualized dividend and a yield of 7.21%. The ex-dividend date is Monday, March 23rd. View TechnipFMC's dividend history.

TechnipFMC announced that its board has approved a share repurchase plan on Wednesday, December 12th 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

TechnipFMC issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.1-15.9 billion, compared to the consensus revenue estimate of $14.98 billion.

20 brokers have issued twelve-month price objectives for TechnipFMC's shares. Their forecasts range from $5.70 to $35.00. On average, they expect TechnipFMC's stock price to reach $16.34 in the next twelve months. This suggests a possible upside of 126.6% from the stock's current price. View analysts' price targets for TechnipFMC.

News headlines about FTI stock have trended somewhat positive on Monday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TechnipFMC earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave media headlines 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 impact on the company's share price in the near future. View the latest news aboutTechnipFMC.

TechnipFMC saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 8,160,000 shares, a decline of 13.0% from the April 15th total of 9,380,000 shares. Based on an average trading volume of 6,400,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.0% of the shares of the stock 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), Seacor (CKH), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Matrix Service (MTRX), Oil States International (OIS), Tidewater (TDW), Newpark Resources (NR), Era Group (ERA), 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 a variety of retail and institutional investors. Top institutional investors include First Eagle Investment Management LLC (6.30%), State Street Corp (5.05%), BlackRock Inc. (4.75%), Pzena Investment Management LLC (2.73%), Caisse DE Depot ET Placement DU Quebec (2.19%) and Russell Investments Group Ltd. (1.71%). Company insiders that own TechnipFMC stock include Bradley D Beitler, Douglas J Pferdehirt, John C G Oleary, Maryann T Mannen and Olivier Piou. View institutional ownership trends for TechnipFMC.

FTI stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Schroder Investment Management Group, Aviva PLC, APG Asset Management N.V., APG Asset Management N.V., First Eagle Investment Management LLC, Pictet Asset Management Ltd., and AXA. View insider buying and selling activity for TechnipFMC.

FTI stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., BlackRock Inc., Caisse DE Depot ET Placement DU Quebec, Parametric Portfolio Associates LLC, Morgan Stanley, State Street Corp, Janus Henderson Group PLC, and Pzena Investment Management LLC. 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 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 $7.21.

TechnipFMC has a market capitalization of $3.23 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]