Fomento Economico Mexicano (NYSE:FMX – Get Free Report) is expected to be releasing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Fomento Economico Mexicano to post earnings of $1.04 per share and revenue of $12.84 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:00 AM ET.
Fomento Economico Mexicano (NYSE:FMX – Get Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $0.93 earnings per share for the quarter. The firm had revenue of $13.20 billion for the quarter. Fomento Economico Mexicano had a net margin of 3.60% and a return on equity of 7.24%. On average, analysts expect Fomento Economico Mexicano to post $6.32 EPS for the current fiscal year and $5.63 EPS for the next fiscal year.
Fomento Economico Mexicano Trading Up 0.2%
Shares of Fomento Economico Mexicano stock opened at $128.75 on Monday. The firm has a market capitalization of $44.49 billion, a PE ratio of 25.75, a price-to-earnings-growth ratio of 0.69 and a beta of 0.41. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.14 and a quick ratio of 0.85. The company’s fifty day moving average price is $120.56 and its two-hundred day moving average price is $122.12. Fomento Economico Mexicano has a 52-week low of $90.87 and a 52-week high of $141.47.
Fomento Economico Mexicano Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $1.7804 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a negative change from Fomento Economico Mexicano’s previous quarterly dividend of $1.8270. Fomento Economico Mexicano’s payout ratio is 46.20%.
Insiders Place Their Bets
In related news, Director Michael David Kahn acquired 2,100 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of $118.13 per share, for a total transaction of $248,073.00. Following the completion of the purchase, the director directly owned 2,100 shares of the company’s stock, valued at $248,073. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.68% of the stock is owned by company insiders.
Analysts Set New Price Targets
Several brokerages have recently weighed in on FMX. JPMorgan Chase & Co. upgraded shares of Fomento Economico Mexicano from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $126.00 to $151.00 in a research report on Friday, October 16th. Deutsche Bank Aktiengesellschaft set a $150.00 price target on shares of Fomento Economico Mexicano in a research report on Tuesday, August 4th. Wall Street Zen cut shares of Fomento Economico Mexicano from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. UBS Group raised their price target on shares of Fomento Economico Mexicano from $130.00 to $134.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Weiss Ratings raised Fomento Economico Mexicano from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 4th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Fomento Economico Mexicano presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.50.
Read Our Latest Analysis on Fomento Economico Mexicano
About Fomento Economico Mexicano
Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Monterrey, Mexico-based multinational company with operations focused on beverage bottling, retail and related consumer services. The company traces its origins to 1890, when it was established as a brewery in Monterrey, and has since developed into one of Latin America’s largest consumer-facing businesses.
FEMSA’s principal beverage business is Coca-Cola FEMSA, which produces, markets, sells and distributes Coca-Cola trademark beverages and other nonalcoholic drinks.
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