FMC (NYSE:FMC) Issues Q4 2026 Earnings Guidance

FMC (NYSE:FMC) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.090-1.330 for the period, compared to the consensus estimate of 1.030. The company issued revenue guidance of $1.1 billion-$1.2 billion. FMC also updated its FY 2026 guidance to 1.190-1.490 EPS.

FMC Stock Down 8.3%

NYSE:FMC traded down $0.91 during midday trading on Wednesday, hitting $10.03. 7,664,036 shares of the company were exchanged, compared to its average volume of 3,909,438. FMC has a fifty-two week low of $9.94 and a fifty-two week high of $42.77. The company has a market capitalization of $1.25 billion, a PE ratio of -0.50 and a beta of 0.38. 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 fifty day simple moving average of $11.73 and a 200 day simple moving average of $13.99.

FMC (NYSE:FMC) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. FMC had a positive return on equity of 10.53% and a negative net margin of 72.93%. As a group, equities analysts anticipate that FMC will post 1.63 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. Stockholders of record on Wednesday, September 30th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. FMC’s payout ratio is presently -1.60%.

Analysts Set New Price Targets

FMC has been the subject of a number of recent research reports. Royal Bank Of Canada decreased their price target on shares of FMC from $14.00 to $12.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 21st. Vertical Research lowered shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 price objective on the stock. in a research note on Wednesday, April 22nd. BMO Capital Markets set a $14.00 target price on shares of FMC in a research note on Friday, July 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. boosted their price target on FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $15.38.

FMC News Summary

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EBITDA of $153 million, above the high end of its guidance range, while cash from operations increased to $363 million. The company also raised free-cash-flow guidance to $75 million-$225 million, including a $200 million upfront payment from its rimisoxafen licensing agreement. FMC Corporation second-quarter 2026 results
• Positive Sentiment: FMC said asset-related actions—including the India business sale, the rimisoxafen licensing deal, a Newark property sale-leaseback and a Tessenderlo Group equity investment—could generate approximately $1 billion for debt reduction, potentially strengthening its balance sheet.
• Positive Sentiment: Fourth-quarter adjusted EPS guidance of $1.09-$1.33 is above the analyst consensus estimate of $1.03, suggesting some anticipated improvement late in the year.
• Neutral Sentiment: FMC concluded the strategic review announced in February without announcing a broader strategic transaction. The company said it remains focused on operational execution and its existing portfolio.
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, organic revenue declined 22%, adjusted EPS dropped 62% to $0.26, and the company posted a $187 million GAAP net loss. Adjusted EBITDA also decreased 26% from the prior-year period. FMC second-quarter revenue report
• Negative Sentiment: Full-year 2026 adjusted EPS guidance was cut to $1.19-$1.49 from expectations of $1.68, while revenue guidance of $3.5 billion-$3.7 billion is below the $3.7 billion consensus. Adjusted EBITDA guidance was reduced to $620 million-$680 million.
• Negative Sentiment: Third-quarter guidance was particularly weak: adjusted EPS of $0.05-$0.13 versus consensus of $0.65, and revenue of $840 million-$900 million versus expectations of $950.7 million. The substantial near-term earnings shortfall is the primary reason for the negative investor reaction.

Institutional Investors Weigh In On FMC

A number of institutional investors and hedge funds have recently modified their holdings of FMC. Armistice Capital LLC purchased a new position in FMC in the 3rd quarter valued at approximately $204,000. Entropy Technologies LP purchased a new stake in FMC during the third quarter worth $267,000. Focus Partners Wealth boosted its position in FMC by 137.7% during the first quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock worth $904,000 after purchasing an additional 12,414 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in FMC by 11.0% in 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 purchasing an additional 5,091 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its holdings in 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 valued at $2,401,000 after purchasing an additional 17,878 shares during the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.

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.