FMC (NYSE:FMC) Issues Q2 2026 Earnings Guidance

FMC (NYSE:FMC) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.160-0.260 for the period, compared to the consensus EPS estimate of 0.450. The company issued revenue guidance of $850.0 million-$900.0 million, compared to the consensus revenue estimate of $976.1 million. FMC also updated its FY 2026 guidance to 1.630-1.890 EPS.

FMC Stock Down 2.5%

FMC traded down $0.39 on Friday, reaching $14.99. 858,664 shares of the company traded hands, compared to its average volume of 3,913,473. The company has a market cap of $1.87 billion, a price-to-earnings ratio of -0.75, a PEG ratio of 1.38 and a beta of 0.51. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.32 and a quick ratio of 1.00. The stock’s 50 day moving average price is $15.45 and its 200-day moving average price is $16.12. FMC has a 52-week low of $12.17 and a 52-week high of $44.78.

FMC (NYSE:FMC) last released its earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 9.32%. The company had revenue of $762.40 million during the quarter, compared to the consensus estimate of $745.42 million. During the same quarter in the prior year, the firm earned $0.18 EPS. The company’s revenue was down 4.1% compared to the same quarter last year. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, sell-side analysts expect that FMC will post 1.7 EPS for the current fiscal year.

FMC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a yield of 2.1%. FMC’s payout ratio is -1.79%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Vertical Research lowered FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a research report on Wednesday, April 22nd. Mizuho lowered their price target on FMC from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. Bank of America cut their price objective on shares of FMC from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Wall Street Zen upgraded shares of FMC from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Finally, Morgan Stanley decreased their target price on shares of FMC from $17.00 to $15.50 and set an “equal weight” rating for the company in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $19.96.

Insider Buying and Selling at FMC

In related news, Director Michael F. Barry acquired 18,072 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were acquired at an average cost of $13.83 per share, with a total value of $249,935.76. Following the purchase, the director owned 19,634 shares of the company’s stock, valued at approximately $271,538.22. The trade was a 1,156.98% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.82% of the company’s stock.

More FMC News

Here are the key news stories impacting FMC this week:

• Positive Sentiment: Q1 results beat key street estimates on revenue and adjusted earnings, with adjusted EBITDA coming in above the prior guidance range — evidence the business has some underlying resilience despite headline GAAP items. FMC Corporation Q1 2026 Earnings Call Summary
• Positive Sentiment: Management reaffirmed full‑year 2026 outlook (EPS guide $1.63–$1.89; revenue $3.6B–$3.8B) and flagged operational progress, which supports a base case that the company can deliver toward guidance. PR Newswire: FMC reports Q1 results, reaffirms outlook
• Positive Sentiment: Company plans a meaningful capital allocation move — targeting roughly $1B of 2026 debt paydown — which should lower leverage and be viewed positively by credit‑focused investors. FMC targets ~$1B debt paydown
• Neutral Sentiment: Management is exploring strategic options in parallel with operational improvements — this could create upside if it leads to value‑realizing actions, but timing and outcomes are uncertain. TipRanks: Earnings call balances progress and strain
• Negative Sentiment: Near‑term guidance disappointed — Q2 EPS guidance of $0.16–$0.26 and revenue $850M–$900M are well below consensus (Q2 EPS ~$0.45; revenue ~ $976M). Investors are reacting to the weaker near‑term outlook. FMC Q1 2026 Earnings Call Transcript
• Negative Sentiment: Large GAAP loss and year‑over‑year margin deterioration: Q1 GAAP net loss was sizable (-$281M) and adjusted results show declines (adjusted EBITDA and adjusted EPS down YoY), highlighting cost and pricing pressure. That weakens near‑term sentiment. Zacks: Q1 beat on revenue; margins pressured
• Negative Sentiment: Organic revenue declined (~9%); overall revenue down ~4% YoY, signaling demand softness in parts of the business that could pressure growth until recovery. PR Newswire: Q1 results and metrics

Institutional Trading of FMC

A number of institutional investors and hedge funds have recently modified their holdings of FMC. State of Tennessee Department of Treasury lifted its stake in shares of FMC by 45.1% in the second quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock worth $2,401,000 after buying an additional 17,878 shares during the last quarter. Focus Partners Wealth raised its holdings in FMC by 137.7% in the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock worth $904,000 after acquiring an additional 12,414 shares during the period. Entropy Technologies LP bought a new position in FMC in the 3rd quarter worth $267,000. Armistice Capital LLC acquired a new position in FMC during the 3rd quarter worth $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in FMC by 11.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock valued at $2,171,000 after acquiring an additional 5,091 shares during the period. 91.86% of the stock is currently owned by institutional investors and hedge funds.

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.