FMC (NYSE:FMC) Updates Q3 2026 Earnings Guidance

FMC (NYSE:FMC) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.050-0.130 for the period, compared to the consensus estimate of 0.650. The company issued revenue guidance of $840.0 million-$900.0 million, compared to the consensus revenue estimate of $950.7 million. FMC also updated its FY 2026 guidance to 1.190-1.490 EPS.

FMC Trading Down 8.3%

Shares of FMC stock traded down $0.91 during trading on Wednesday, reaching $10.03. 7,664,719 shares of the company were exchanged, compared to its average volume of 3,910,178. FMC has a twelve month low of $9.94 and a twelve month high of $42.77. The business has a 50-day moving average price of $11.73 and a 200-day moving average price of $13.99. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -0.50 and a beta of 0.38.

FMC (NYSE:FMC) last issued its earnings results on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts anticipate that FMC will post 1.63 EPS for the current fiscal year.

FMC Announces Dividend

The company 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. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. FMC’s dividend payout ratio (DPR) is currently -1.60%.

Wall Street Analyst Weigh In

FMC has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of FMC from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Barclays dropped their price target on FMC from $13.00 to $11.00 and set an “underweight” rating on the stock in a research report on Monday. Wall Street Zen cut FMC from a “hold” rating to a “sell” rating in a report on Sunday, July 5th. The Goldman Sachs Group lifted their price objective on FMC from $17.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Finally, Citigroup decreased their price objective on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, June 22nd. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target 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

Several institutional investors and hedge funds have recently modified their holdings of the company. Armistice Capital LLC acquired a new position in FMC during the 3rd quarter worth approximately $204,000. Entropy Technologies LP bought a new stake in shares of FMC in the third quarter worth $267,000. Focus Partners Wealth lifted its position 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 purchasing an additional 5,091 shares during the last quarter. Finally, State of Tennessee Department of Treasury boosted its holdings 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 purchasing an additional 17,878 shares during the last quarter. 91.86% of the stock is 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.