FMC Technologies, Inc. (FTI) To Go Ex-Dividend on November 20th

FMC Technologies, Inc. (NYSE:FTI) announced a quarterly dividend on Wednesday, October 25th, RTT News reports. Investors of record on Tuesday, November 21st will be given a dividend of 0.13 per share by the oil and gas company on Friday, December 1st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Monday, November 20th.

Shares of FMC Technologies (NYSE:FTI) opened at $27.16 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $13,251.21, a PE ratio of 22.72, a P/E/G ratio of 0.93 and a beta of 0.89. FMC Technologies has a 12-month low of $24.53 and a 12-month high of $37.09.

FMC Technologies (NYSE:FTI) last released its earnings results on Wednesday, October 25th. The oil and gas company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.07). The company had revenue of $4.14 billion during the quarter, compared to analyst estimates of $3.87 billion. The business’s revenue was up 74.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.22 earnings per share. research analysts expect that FMC Technologies will post 1.61 EPS for the current year.

A number of brokerages have weighed in on FTI. HSBC Holdings PLC downgraded FMC Technologies from a “hold” rating to a “reduce” rating in a research report on Wednesday. Goldman Sachs Group, Inc. (The) downgraded FMC Technologies from a “buy” rating to a “neutral” rating and set a $30.00 price target on the stock. in a research report on Monday. Royal Bank Of Canada reissued a “buy” rating and set a $37.00 price target on shares of FMC Technologies in a research report on Friday, October 27th. Barclays PLC lowered their price target on FMC Technologies from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, October 27th. Finally, Gabelli raised FMC Technologies from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research report on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $34.03.

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About FMC Technologies

FMC Technologies, Inc is a global provider of technology solutions for the energy industry. The Company designs, manufactures and services a range of systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems.

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