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Fresenius Medical Care AG (FMS)

Healthcare | Medical Care Facilities | Bad Homburg, Germany | NYSE
24.45 USD +0.43 (1.790%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 24.45

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 4:32 a.m. EDT

The immediate outlook is mixed, caught between a defensive setup and a recovering trend. While the stock recently stumbled on meek guidance and negative earnings growth, the long-term picture is compelling. The business has recovered significantly from a brutal multi-year decline, posting a massive +36% gain last year and currently trading at a deep discount to book value (0.86x P/B) with a forward P/E under 6x. This valuation gap suggests the market has priced in worst-case scenarios that may not materialize. The dividend is a solid 3.65% with a sustainable payout ratio, providing a floor for patient capital. However, the short-term path is bumpy; the recent price action shows weakness against moving averages, and the lack of strong forward guidance creates headwinds for the next few months. Investors should view this as a long-term accumulation opportunity despite the near-term noise.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_90_115 ✓0.027543
AutoTheta0.041332
MSTL0.041647
AutoARIMA0.041694
AutoETS0.041695
MSTL_900.041857
MSTL_1150.047342

Forecast horizon: 60 days | Selected: MSTL_90_115

Forecast Reliability
Score 47%
H-stat 1.58
Ljung-Box p 0.000
Jarque-Bera p 0.454
Excess Kurtosis 0.09
Attribute Value
Sector Healthcare
Ex Dividend Date 2026-05-21
Last Dividend Date 2026-05-21
Debt to Equity Ratio 77.75
Revenue per Share 33.7665
Market Cap 13,132,811,264
Trailing P/E 13.15
Forward P/E 6.34
Beta 0.82
Profit Margins 4.88%
Previous Name Fresenius Medical Care AG & Co. KGaA
Website https://www.freseniusmedicalcare.com

As of July 11, 2026, 4:32 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume at the $20 strike for the near term, suggesting a fear of a drop to that level. Conversely, there is significant long-dated open interest in deep in-the-money puts ($12.50, $15.00) and out-of-the-money calls ($30.00), indicating a belief in a wide trading range rather than a specific directional breakout. Implied volatility is elevated on near-term strikes, reflecting uncertainty following the recent earnings miss.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
4.03% 4.03% 3.24% 2.96%
Dividend History
Date Dividend Yield %
2026-05-22 0.8720 4.029575
2025-05-23 0.8150 2.808408
2024-05-17 0.6340 2.885753
2023-05-17 0.6180 2.666091
2022-05-13 0.7090 2.427251
2021-05-24 0.8340 2.052165
2020-08-28 0.7070 1.673373
2019-05-17 0.6550 1.699533
2018-05-21 0.6320 1.234134
2017-05-11 0.5140 1.111592
2016-05-10 0.4400 1.024447
2015-05-15 0.4380 1.016713
2014-05-13 0.5330 1.625992
2013-05-14 0.4900 1.421939
2012-05-08 0.4555 1.322206
2011-05-10 0.4750 1.310164
2010-05-07 0.4075 1.668031
2009-05-05 0.3745 2.027612
2008-05-16 0.4160 1.529412
2007-05-11 0.3135 1.246273
2006-05-05 0.2440 1.239208
2005-05-20 0.2390 1.796317
2004-05-25 0.2110 1.762004
2004-05-20 0.0415 0.356376
2003-05-20 0.1675 2.087228
2002-05-20 0.1245 1.310526
2001-05-21 0.1210 0.989370
2000-05-25 0.1105 0.877419
1999-05-28 0.1035 1.217647
1998-06-08 0.0930 0.804324
Additional Data
dividendRate 0.87
dividendYield 3.63
exDividendDate 2026-05-22
trailingAnnualDividendRate 1.49
trailingAnnualDividendYield 0.062031638
lastDividendValue 0.872
lastDividendDate 2026-05-22
dividendDate 2026-06-08

Info Dump

Attribute Value
52 Week Change -0.115285456
Address1 Else-Kröner-Strasse 1
All Time High 57.94
All Time Low 3.35
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 635,890
Average Daily Volume3 Month 765,316
Average Volume 765,316
Average Volume10Days 635,890
Beta 0.824
Bid 0.0
Bid Size 300
Book Value 27.997194
City Bad Homburg
Compensation As Of Epoch Date 1,767,139,200
Country Germany
Crypto Tradeable 0
Currency USD
Current Price 24.45
Current Ratio 1.205
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 24.55
Day Low 24.23
Debt To Equity 77.75
Dividend Date 1,780,876,800
Dividend Rate 0.87
Dividend Yield 3.63
Earnings Call Timestamp End 1,771,930,740
Earnings Call Timestamp Start 1,771,930,740
Earnings Growth -0.171
Earnings Quarterly Growth -0.223
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,785,873,600
Earnings Timestamp Start 1,785,873,600
Ebitda 2,592,198,912
Ebitda Margins 0.13391
Enterprise To Ebitda 9.131
Enterprise To Revenue 1.223
Enterprise Value 23,669,776,384
Eps Current Year 2.5545
Eps Forward 3.8574755
Eps Trailing Twelve Months 1.86
Esg Populated 0
Ex Dividend Date 1,779,408,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.4328
Fifty Day Average Change 2.0172005
Fifty Day Average Change Percent 0.08992192
Fifty Two Week Change Percent -11.528545
Fifty Two Week High 27.64
Fifty Two Week High Change -3.1899986
Fifty Two Week High Change Percent -0.1154124
Fifty Two Week Low 20.02
Fifty Two Week Low Change 4.4300003
Fifty Two Week Low Change Percent 0.22127873
Fifty Two Week Range 20.02 - 27.64
Financial Currency EUR
First Trade Date Milliseconds 842,967,000,000
Five Year Avg Dividend Yield 1.3
Float Shares 367,686,464
Forward Eps 3.8574755
Forward P E 6.3383427
Free Cashflow 1,672,323,840
Full Exchange Name NYSE
Full Time Employees 108,165
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.25955
Gross Profits 5,024,442,880
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.097370006
Implied Shares Outstanding 537,129,260
Industry Medical Care Facilities
Industry Disp Medical Care Facilities
Industry Key medical-care-facilities
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,779,408,000
Last Dividend Value 0.872
Last Fiscal Year End 1,767,139,200
Last Split Date 1,354,579,200
Last Split Factor 2:1
Long Business Summary Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally. The company offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; materials, training, and patient support services comprising clinical monitoring, follow-up assistance, and arranging for delivery of the supplies to the patient's residence; and dialysis services under contract to hospitals in the United States for the hospitalized end-stage renal disease (ESRD) patients and for patients suffering from acute kidney failure. The company operates through Care Delivery and Care Enablement segments. It also develops, manufactures, and distributes various health care products, including hemodialysis machines, peritoneal dialysis cyclers, peritoneal dialysis solutions, hemodialysis concentrates, solutions and granulates, bloodlines, renal pharmaceuticals, systems for water treatment, and acute cardiopulmonary and apheresis products. In addition, the company develops, acquires, and in-licenses renal pharmaceuticals; offers renal medications and supplies to patients at homes or to dialysis clinics; and provides vascular specialty, ambulatory surgery center, physician nephrology practice management, pharmacy and other services. The company sells its products to dialysis clinics, hospitals, and specialized treatment clinics, as well as through local sales forces, independent distributors, dealers, and sales agents. The company was incorporated in 1996 and is headquartered in Bad Homburg, Germany.
Long Name Fresenius Medical Care AG
Market us_market
Market Cap 13,132,811,264
Market State PREPRE
Max Age 86,400
Message Board Id finmb_384522
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common 944,675,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 12,901,844,825
Number Of Analyst Opinions 6
Open 24.18
Operating Cashflow 2,745,061,888
Operating Margins 0.081429996
Payout Ratio 0.4394
Peg Ratio 0.86
Phone 49 6172 609 0
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 24.45
Post Market Time 1,783,976,700
Prev Name Fresenius Medical Care AG & Co. KGaA
Previous Close 24.02
Price Eps Current Year 9.571344
Price Hint 2
Price To Book 0.8733018
Price To Sales Trailing12 Months 0.6784075
Profit Margins 0.048800003
Quick Ratio 0.736
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.43
Regular Market Change Percent 1.79018
Regular Market Day High 24.55
Regular Market Day Low 24.23
Regular Market Day Range 24.23 - 24.55
Regular Market Open 24.18
Regular Market Previous Close 24.02
Regular Market Price 24.45
Regular Market Time 1,783,972,803
Regular Market Volume 450,069
Return On Assets 0.03629
Return On Equity 0.07852
Revenue Growth -0.055
Revenue Per Share 33.7665
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 537,129,260
Shares Percent Shares Out 0.0054
Shares Short 2,842,243
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,211,305
Short Name Fresenius Medical Care AG
Short Ratio 4.23
Source Interval 15
Symbol FMS
Target High Price 37.263817
Target Low Price 17.621653
Target Mean Price 25.400375
Target Median Price 22.70655
Total Cash 1,239,144,960
Total Cash Per Share 2.307
Total Debt 11,044,191,232
Total Revenue 19,358,294,016
Tradeable 0
Trailing Annual Dividend Rate 1.49
Trailing Annual Dividend Yield 0.062031638
Trailing Eps 1.86
Trailing P E 13.145162
Trailing Peg Ratio 0.8634
Triggerable 1
Two Hundred Day Average 23.5275
Two Hundred Day Average Change 0.9225006
Two Hundred Day Average Change Percent 0.039209463
Type Disp Equity
Volume 450,069
Website https://www.freseniusmedicalcare.com
Zip 61,352