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 7.8% and is now trading at $7.40. 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) issued its earnings results on Wednesday, April, 22nd. The oil and gas company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.33. The oil and gas company earned $3.13 billion during 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 revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the business earned $0.06 EPS. View TechnipFMC's earnings history.

TechnipFMC announced a quarterly dividend on Monday, February 24th. Stockholders 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 annualized dividend and a dividend yield of 7.03%. The ex-dividend date is Monday, March 23rd. View TechnipFMC's dividend history.

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

20 analysts have issued 1-year price targets for TechnipFMC's stock. Their forecasts range from $5.70 to $35.00. On average, they expect TechnipFMC's share price to reach $16.39 in the next year. This suggests a possible upside of 121.5% from the stock's current price. View analysts' price targets for TechnipFMC.

News headlines about FTI stock have trended neutral this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. TechnipFMC earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutTechnipFMC.

TechnipFMC saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 8,160,000 shares, a drop 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. Approximately 2.0% of the company's 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), Oceaneering International (OII), Seacor (CKH), 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 number of institutional and retail investors. Top institutional shareholders 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 acquired 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, Morgan Stanley, State Street Corp, and Janus Henderson Group PLC. 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 $7.40.

TechnipFMC has a market capitalization of $3.32 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]