FMC (NYSE:FMC – Get Free Report) posted its earnings results on Wednesday. The basic materials company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.08, Briefing.com reports. FMC had a return on equity of 7.52% and a net margin of 33.97%. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the previous year, the firm earned $0.50 EPS. The company’s quarterly revenue was up 2.4% compared to the same quarter last year.
FMC Stock Down 3.3 %
NYSE FMC opened at $62.19 on Friday. The stock’s 50-day moving average price is $57.75 and its 200-day moving average price is $58.77. The company has a quick ratio of 1.02, a current ratio of 1.48 and a debt-to-equity ratio of 0.66. FMC has a 52 week low of $49.49 and a 52 week high of $94.07. The company has a market capitalization of $7.76 billion, a P/E ratio of 6.94, a price-to-earnings-growth ratio of 1.65 and a beta of 0.84.
FMC Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Monday, September 30th will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Monday, September 30th. FMC’s dividend payout ratio is 25.89%.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on FMC
FMC Company Profile
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.
See Also
- Five stocks we like better than FMC
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- What Investors Need to Know About Upcoming IPOs
- MarketBeat Week in Review – 7/29 – 8/2
Receive News & Ratings for FMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FMC and related companies with MarketBeat.com's FREE daily email newsletter.