FMC (NYSE:FMC) Releases FY 2026 Earnings Guidance

FMC (NYSE:FMC) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.190-1.490 for the period, compared to the consensus earnings per share 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 Stock Down 7.2%

Shares of FMC stock traded down $0.85 during mid-day trading on Friday, reaching $10.97. 1,709,687 shares of the company’s stock traded hands, compared to its average volume of 3,935,819. The company’s 50-day moving average price is $11.65 and its 200-day moving average price is $13.93. The company has a market cap of $1.37 billion, a P/E ratio of -0.50 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50. FMC has a 12 month low of $9.94 and a 12 month high of $42.77.

FMC (NYSE:FMC) last issued its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. The company had revenue of $841.40 million during the quarter, compared to analysts’ expectations of $895.14 million. FMC had a negative net margin of 84.83% and a positive return on equity of 10.34%. FMC’s revenue was down 17.5% on a year-over-year basis. During the same period last year, the company posted $0.69 EPS. On average, equities analysts expect that FMC will post 1.61 earnings per share for the current fiscal year.

FMC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.08 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.32 annualized dividend and a dividend yield of 2.9%. FMC’s dividend payout ratio (DPR) is presently -1.45%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on FMC shares. JPMorgan Chase & Co. lifted their target price on shares of FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Royal Bank Of Canada dropped their price objective on FMC from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 21st. Zacks Research downgraded shares of FMC from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. BMO Capital Markets set a $14.00 target price on FMC in a report on Friday, July 3rd. Finally, Wells Fargo & Company increased their price objective on shares of FMC from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, FMC currently has a consensus rating of “Reduce” and an average target price of $15.12.

More FMC News

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 consensus estimate, while adjusted EBITDA of $153 million exceeded the high end of management’s guidance range. FMC Tops Q2 Earnings Estimates
• Positive Sentiment: Cash generation improved substantially, with $363 million in operating cash flow. FMC also raised its free-cash-flow target to $75 million-$225 million, including a $200 million upfront licensing payment for rimisoxafen. Planned asset sales, licensing proceeds and other transactions are expected to provide approximately $1 billion for debt reduction, helping address the company’s leveraged balance sheet. FMC Corporation Reports Second Quarter 2026 Results
• Neutral Sentiment: Management said its strategic review has concluded and is continuing to prioritize operational execution, portfolio actions and balance-sheet improvement. An insider purchase of 18,072 shares may provide a limited confidence signal, though institutional positioning remains mixed. FMC Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, organic revenue declined 22%, adjusted EPS dropped 62% from the prior year, and FMC posted a $187 million GAAP net loss. The revenue decline reflected weaker pricing and volumes. FMC Q2 Revenue Falls 17 Percent
• Negative Sentiment: FMC cut full-year 2026 guidance to $3.5 billion-$3.7 billion in revenue, $620 million-$680 million in adjusted EBITDA and $1.19-$1.49 in adjusted EPS—well below the $1.68 analyst EPS consensus. Third-quarter EPS guidance of $0.05-$0.13 also substantially trails expectations, reinforcing concerns about near-term earnings pressure and structural headwinds. FMC Forecasts 2026 Adjusted EPS

Institutional Investors Weigh In On FMC

A number of institutional investors have recently modified their holdings of FMC. State of Tennessee Department of Treasury lifted its position in FMC by 45.1% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of 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 period. Focus Partners Wealth raised its stake 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 during the period. Entropy Technologies LP purchased a new stake in shares of FMC during the 3rd quarter valued at approximately $267,000. Finally, Armistice Capital LLC purchased a new position in FMC in the third quarter worth approximately $204,000. 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.