FMC (NYSE:FMC) Issues FY 2026 Earnings Guidance

FMC (NYSE:FMC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.190-1.490 for the period, compared to the consensus EPS estimate of 1.680. The company issued revenue guidance of $3.5 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion. FMC also updated its Q3 2026 guidance to 0.050-0.130 EPS.

FMC Trading Up 17.1%

Shares of NYSE FMC traded up $1.72 during midday trading on Thursday, reaching $11.73. 7,588,840 shares of the stock were exchanged, compared to its average volume of 3,933,530. The stock has a 50 day moving average price of $11.68 and a 200-day moving average price of $13.95. The company has a current ratio of 1.29, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $1.47 billion, a P/E ratio of -0.59 and a beta of 0.38. FMC has a 52-week low of $9.94 and a 52-week high of $42.77.

FMC (NYSE:FMC) last released its earnings results on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.21 by $0.05. The firm had revenue of $841.40 million during the quarter, compared to analysts’ expectations of $895.14 million. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. FMC’s revenue for the quarter was down 17.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS. Equities research analysts expect that FMC will post 1.61 earnings per share for the current fiscal year.

FMC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.08 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.32 annualized dividend and a yield of 2.7%. FMC’s dividend payout ratio is -1.60%.

Wall Street Analysts Forecast Growth

FMC has been the subject of several recent analyst reports. Citigroup lowered their price target on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. UBS Group increased their price target on shares of FMC from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Zacks Research lowered shares of FMC from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their target price on FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $15.38.

FMC News Roundup

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 analyst consensus. Adjusted EBITDA of $153 million also exceeded the high end of management’s guidance range. FMC Tops Q2 Earnings Estimates
• Positive Sentiment: Cash flow improved significantly, with operating cash flow reaching $363 million, up $297 million year over year. FMC also raised its free-cash-flow outlook to $75 million-$225 million, including a $200 million upfront payment from its rimisoxafen licensing agreement. FMC Reports Second-Quarter 2026 Results
• Positive Sentiment: Planned transactions—including the India business sale, licensing agreement, Newark property sale-leaseback and Tessenderlo Group investment—are expected to generate approximately $1 billion for debt reduction. An FMC director also purchased 18,072 shares recently, providing a limited insider-confidence signal. FMC Q2 Revenue Falls 17 Percent
• Neutral Sentiment: Wolfe Research maintained a Hold rating, citing the modest earnings beat but noting that FMC’s outlook and longer-term structural challenges remain unresolved. FMC Guidance and Structural Headwinds
• Negative Sentiment: Revenue fell 17% year over year to $867 million, organic revenue declined 22%, and adjusted EPS dropped 62% from $0.69 a year earlier. FMC also posted a $187 million GAAP net loss. FMC Earnings Report
• Negative Sentiment: Management cut full-year 2026 adjusted EPS guidance to $1.19-$1.49 from expectations of $1.68, reduced revenue guidance to $3.5 billion-$3.7 billion, and forecast third-quarter EPS well below consensus. The lowered outlook reflects a more challenging macro environment and continued demand pressure. FMC Updated Full-Year Outlook

Institutional Trading of FMC

Large investors have recently added to or reduced their stakes in the stock. Armistice Capital LLC acquired a new position in shares of FMC during the third quarter worth about $204,000. Entropy Technologies LP acquired a new position in FMC during the 3rd quarter worth approximately $267,000. Focus Partners Wealth lifted its position in FMC by 137.7% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in FMC by 11.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company’s stock worth $2,171,000 after acquiring an additional 5,091 shares during the period. Finally, State of Tennessee Department of Treasury boosted its holdings in FMC by 45.1% in the 2nd quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company’s stock worth $2,401,000 after acquiring an additional 17,878 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.