FMC (NYSE:FMC) Releases Q4 2026 Earnings Guidance

FMC (NYSE:FMC) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.090-1.330 for the period, compared to the consensus EPS 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 Performance

FMC traded up $1.72 during midday trading on Thursday, hitting $11.73. 7,588,840 shares of the company traded hands, compared to its average volume of 3,933,530. The company’s 50-day moving average is $11.68 and its 200 day moving average is $13.95. The firm has a market capitalization of $1.47 billion, a PE ratio of -0.59 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 52 week low of $9.94 and a 52 week high of $42.77.

FMC (NYSE:FMC) last posted its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The business had revenue of $841.40 million for the quarter, compared to analysts’ expectations of $895.14 million. During the same quarter in the previous year, the business posted $0.69 earnings per share. The business’s revenue was down 17.5% compared to the same quarter last year. On average, research analysts expect that FMC will post 1.61 EPS for the current year.

FMC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.32 dividend on an annualized basis and a yield of 2.7%. FMC’s dividend payout ratio (DPR) is -1.60%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FMC. Weiss Ratings reiterated a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Citigroup decreased their target price on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, June 22nd. BMO Capital Markets set a $14.00 target price on shares of FMC in a research note on Friday, July 3rd. Mizuho set a $16.00 target price on shares of FMC in a research note on Tuesday, July 14th. Finally, Zacks Research downgraded FMC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two investment 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 MarketBeat, FMC presently has an average rating of “Reduce” and a consensus target price of $15.38.

Trending Headlines about FMC

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Armistice Capital LLC acquired a new position in FMC during the 3rd quarter valued at about $204,000. Entropy Technologies LP purchased a new stake in shares of FMC during the 3rd quarter worth $267,000. Focus Partners Wealth increased its stake in shares of 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 purchasing an additional 12,414 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of 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 buying an additional 5,091 shares during the period. Finally, State of Tennessee Department of Treasury boosted 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 valued at $2,401,000 after purchasing an additional 17,878 shares during the period. Hedge funds and other institutional investors own 91.86% of the company’s stock.

About FMC

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.