FMC (NYSE:FMC) Updates FY 2026 Earnings Guidance

FMC (NYSE:FMC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.630-1.890 for the period, compared to the consensus earnings per share estimate of 1.750. The company issued revenue guidance of $3.6 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion. FMC also updated its Q2 2026 guidance to 0.160-0.260 EPS.

FMC Stock Down 4.2%

Shares of FMC traded down $0.64 during midday trading on Wednesday, reaching $14.62. 4,964,083 shares of the stock were exchanged, compared to its average volume of 3,934,315. FMC has a 52 week low of $12.17 and a 52 week high of $44.78. The company has a current ratio of 1.32, a quick ratio of 1.00 and a debt-to-equity ratio of 1.32. The company’s 50 day moving average is $15.44 and its two-hundred day moving average is $16.14. The company has a market capitalization of $1.83 billion, a P/E ratio of -0.82, a PEG ratio of 1.47 and a beta of 0.51.

FMC (NYSE:FMC) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.17. FMC had a positive return on equity of 10.10% and a negative net margin of 64.57%.The company had revenue of $762.40 million for the quarter, compared to the consensus estimate of $744.88 million. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, sell-side analysts anticipate that FMC will post 1.7 earnings per share for the current year.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a yield of 2.2%. FMC’s dividend payout ratio (DPR) is presently -1.79%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on FMC. Morgan Stanley dropped their price objective on FMC from $17.00 to $15.50 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Wells Fargo & Company raised their price objective on FMC from $14.00 to $17.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. Zacks Research upgraded FMC from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. UBS Group increased their price target on FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, Wall Street Zen upgraded FMC from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $19.96.

Insider Activity

In other news, Director Michael F. Barry acquired 18,072 shares of FMC stock in a transaction dated Wednesday, March 4th. The stock was purchased at an average cost of $13.83 per share, for a total transaction of $249,935.76. Following the completion of the purchase, the director directly owned 19,634 shares in the company, valued at $271,538.22. This trade represents a 1,156.98% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.82% of the stock is currently owned by insiders.

Key Stories Impacting FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: Board declared a quarterly dividend of $0.08/share (payable July 16; record June 30), implying a ~2.1% yield — supports income investors and signals cash-return discipline. FMC Corporation Declares Quarterly Dividend
• Positive Sentiment: U.S. Appeals Court ruled in FMC’s favor in the Evergreen dispute — removes or reduces legal overhang and potential liabilities, a near?term positive for risk sentiment. U.S. Appeals Court Backs FMC in Evergreen Dispute
• Neutral Sentiment: Q1 2026 results: FMC reported revenue of $759M (?4% YoY), adjusted EBITDA $72M (?40% YoY) and a GAAP net loss of $281M; adjusted loss per share was $0.23. Management said results were above internal guidance (adjusted EBITDA above the high end of the range) and reaffirmed full?year 2026 outlook (revenue ex?India $3.60–3.80B; adjusted EBITDA $670–730M; adj EPS $1.63–1.89). Company also noted it is advancing operational priorities while exploring strategic options — mixed implications (beat vs guidance but weaker YoY performance and large GAAP loss). FMC Corporation reports first quarter 2026 results above guidance…
• Neutral Sentiment: Chairman DiBella joined the U.S. delegation to the International Maritime Organization — a governance/relations development with limited immediate financial impact but positive for stakeholder engagement. Chairman DiBella joins the U.S. delegation to the IMO
• Negative Sentiment: Pre?earnings commentary and previews highlighted expected Q1 loss and revenue decline, which likely set lower expectations and amplified downside reaction when results showed sizable GAAP losses and YoY deterioration in EBITDA. FMC Q1 earnings preview shows expected loss, revenue drop

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $2,171,000 after purchasing an additional 5,091 shares during the last quarter. Armistice Capital LLC purchased a new position in shares of FMC in the third quarter worth about $204,000. Entropy Technologies LP purchased a new position in shares of FMC in the third quarter worth about $267,000. Focus Partners Wealth raised its stake in shares of FMC by 137.7% in 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 last quarter. Finally, State of Tennessee Department of Treasury raised 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 worth $2,401,000 after purchasing an additional 17,878 shares during the last quarter. 91.86% of the stock is currently owned by hedge funds and other institutional investors.

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.