FMC (NYSE:FMC) Issues FY 2026 Earnings Guidance

FMC (NYSE:FMC) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.190-1.490 for the period, compared to the consensus 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 8.3%

Shares of NYSE:FMC traded down $0.91 during trading on Wednesday, hitting $10.03. The company’s stock had a trading volume of 7,664,719 shares, compared to its average volume of 3,910,178. The company has a market capitalization of $1.25 billion, a PE ratio of -0.50 and a beta of 0.38. FMC has a fifty-two week low of $9.94 and a fifty-two week high of $42.77. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 1.29. The stock’s 50-day moving average price is $11.73 and its two-hundred day moving average price is $13.99.

FMC (NYSE:FMC) last issued 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 positive return on equity of 10.53% and a negative net margin of 72.93%. As a group, sell-side analysts expect that FMC will post 1.63 EPS for the current 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 given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.2%. FMC’s dividend payout ratio (DPR) is presently -1.60%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FMC shares. Zacks Research cut shares of FMC from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Vertical Research lowered shares of FMC from a “hold” rating to a “sell” rating and set a $14.00 target price on the stock. in a research note on Wednesday, April 22nd. Barclays decreased their price target on FMC from $13.00 to $11.00 and set an “underweight” rating for the company in a research note on Monday. Royal Bank Of Canada cut their price objective on FMC from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of FMC from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $15.38.

Key Stories Impacting FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EBITDA of $153 million, above the high end of its guidance range, while cash from operations increased to $363 million. The company also raised free-cash-flow guidance to $75 million-$225 million, including a $200 million upfront payment from its rimisoxafen licensing agreement. FMC Corporation second-quarter 2026 results
• Positive Sentiment: FMC said asset-related actions—including the India business sale, the rimisoxafen licensing deal, a Newark property sale-leaseback and a Tessenderlo Group equity investment—could generate approximately $1 billion for debt reduction, potentially strengthening its balance sheet.
• Positive Sentiment: Fourth-quarter adjusted EPS guidance of $1.09-$1.33 is above the analyst consensus estimate of $1.03, suggesting some anticipated improvement late in the year.
• Neutral Sentiment: FMC concluded the strategic review announced in February without announcing a broader strategic transaction. The company said it remains focused on operational execution and its existing portfolio.
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, organic revenue declined 22%, adjusted EPS dropped 62% to $0.26, and the company posted a $187 million GAAP net loss. Adjusted EBITDA also decreased 26% from the prior-year period. FMC second-quarter revenue report
• Negative Sentiment: Full-year 2026 adjusted EPS guidance was cut to $1.19-$1.49 from expectations of $1.68, while revenue guidance of $3.5 billion-$3.7 billion is below the $3.7 billion consensus. Adjusted EBITDA guidance was reduced to $620 million-$680 million.
• Negative Sentiment: Third-quarter guidance was particularly weak: adjusted EPS of $0.05-$0.13 versus consensus of $0.65, and revenue of $840 million-$900 million versus expectations of $950.7 million. The substantial near-term earnings shortfall is the primary reason for the negative investor reaction.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in FMC by 11.0% during 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 acquiring an additional 5,091 shares during the period. Armistice Capital LLC bought a new stake in FMC in the third quarter worth about $204,000. Entropy Technologies LP acquired a new stake in FMC in the 3rd quarter valued at about $267,000. Focus Partners Wealth lifted its holdings in FMC by 137.7% in the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company’s stock valued at $904,000 after acquiring an additional 12,414 shares during the last quarter. Finally, State of Tennessee Department of Treasury boosted its position in shares of FMC by 45.1% during the 2nd 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 in the last quarter. Institutional investors own 91.86% of the company’s stock.

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.