KeyCorp Forecasts FMC’s FY2028 Earnings (NYSE:FMC)

FMC Corporation (NYSE:FMC) – Investment analysts at KeyCorp issued their FY2028 earnings per share (EPS) estimates for FMC in a research note issued on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the basic materials company will post earnings per share of $2.05 for the year. KeyCorp has a “Strong-Buy” rating on the stock. The consensus estimate for FMC’s current full-year earnings is $1.27 per share.

FMC (NYSE:FMC) last posted its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. FMC had a negative net margin of 84.83% and a positive return on equity of 11.35%. The company had revenue of $841.40 million during the quarter, compared to analyst estimates of $895.14 million. During the same period in the previous year, the firm earned $0.69 earnings per share. FMC’s quarterly revenue was down 17.5% compared to the same quarter last year.

Other equities analysts also recently issued reports about the stock. Citigroup reiterated a “buy” rating on shares of FMC in a report on Tuesday, August 4th. BMO Capital Markets set a $14.00 price objective on shares of FMC in a research note on Friday, July 3rd. Royal Bank Of Canada dropped their target price on FMC from $12.00 to $11.00 and set a “sector perform” rating for the company in a research report on Monday, August 3rd. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Seaport Research Partners set a $21.00 price target on FMC in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $14.25.

FMC Price Performance

FMC stock opened at $12.11 on Friday. The firm has a 50-day moving average price of $11.20 and a 200-day moving average price of $13.05. The firm has a market capitalization of $1.52 billion, a PE ratio of -0.55 and a beta of 0.41. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 2.38. FMC has a 12-month low of $9.94 and a 12-month high of $38.68.

Institutional Investors Weigh In On FMC

Several large investors have recently added to or reduced their stakes in FMC. IFP Advisors Inc grew its stake in FMC by 99.0% in the 2nd quarter. IFP Advisors Inc now owns 2,726 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 1,356 shares in the last quarter. Root Financial Partners LLC increased its position in shares of FMC by 3,642.9% during the first quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 1,785 shares during the period. Essential Partners LLC bought a new stake in shares of FMC during the first quarter valued at approximately $43,000. Nykredit A S purchased a new stake in shares of FMC in the second quarter valued at approximately $55,000. Finally, Parallel Advisors LLC boosted its holdings in shares of FMC by 297.2% in the first quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 4,687 shares during the period. 91.86% of the stock is owned by hedge funds and other institutional investors.

FMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.08 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.32 dividend on an annualized basis and a yield of 2.6%. FMC’s dividend payout ratio (DPR) is presently -1.45%.

Key Stories Impacting FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: KeyCorp analyst S. Tiano projects FMC will earn $2.05 per share in FY2028, well above the current full-year consensus estimate of $1.27. The forecast suggests analysts expect a meaningful recovery in profitability over the next several years, which may support investor sentiment. KeyCorp FY2028 earnings estimate
• Positive Sentiment: Analysts reportedly assign FMC an average price target of $14.25, above the stock’s recent trading level near $12, indicating potential upside if the company delivers on its expected earnings recovery. FMC average analyst price target
• Neutral Sentiment: Corporate controller Nicholas Pfeiffer sold 1,251 FMC shares for approximately $15,988, reducing his position by 4.2% but leaving him with 28,513 shares. The transaction is relatively small and does not necessarily indicate a change in management’s view of the company. FMC insider stock sale filing
• Negative Sentiment: Reports about vulnerabilities in Cisco Secure FMC involve Cisco’s cybersecurity software, not FMC Corporation, and therefore have no direct investment implications for FMC shares. Cisco Secure FMC vulnerability report

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.