Freeport-McMoRan (FCX) Stock Price, News & Analysis

Company Overview

Freeport-McMoRan Inc. (NYSE: FCX) is a global mining company primarily engaged in the exploration, development, and production of copper. Copper is used extensively in electrical wiring, construction, transportation, renewable energy systems, and other industrial applications. The company also produces gold and molybdenum, a metal used in steelmaking and other industrial processes, as well as certain other byproducts.

Freeport-McMoRan operates a portfolio of mining and processing assets in North America, South America, and Indonesia. Its operations include the Morenci, Bagdad, Safford, and Sierrita mines in Arizona; the Cerro Verde mine in Peru; the El Abra mine in Chile; and the Grasberg minerals district in Papua, Indonesia. The company’s activities span open-pit and underground mining, milling, smelting, refining, and related processing operations.

The company traces its history to Freeport Minerals Company and McMoRan Oil & Gas Company, which combined in 1988 to form Freeport-McMoRan Copper & Gold Inc. Freeport-McMoRan expanded its copper business significantly through the acquisition of Phelps Dodge Corporation in 2007. It adopted its current name in 2011 and is headquartered in Phoenix, Arizona.

Key Stats

• Today's Range: $61.43 to $63.90
• 50-Day Range: $62.44 to $79.91
• 52-Week Range: $38.54 to $80.24
• Volume: 17.93 million shs
• Average Volume: 10.95 million shs
• Market Capitalization: $89.66 billion
• P/E Ratio: 26.24
• Dividend Yield: 0.48%
• Price Target: $75.67
• Consensus Rating: Moderate Buy

Freeport-McMoRan Stock Analysis - MarketRank™

Freeport-McMoRan scored higher than 99% of companies evaluated by MarketBeat, and ranked 6th out of 230 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Freeport-McMoRan has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 1 strong buy rating, 20 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Freeport-McMoRan has a consensus price target of $75.67, representing about 21.2% upside from its current price of $62.44.

Amount of Analyst Coverage

Freeport-McMoRan has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 27.96%

Earnings Growth

Earnings for Freeport-McMoRan are expected to grow by 27.96% in the coming year, from $3.04 to $3.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Freeport-McMoRan is 26.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Freeport-McMoRan is 26.24, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 29.62.

Price to Earnings Growth Ratio

Freeport-McMoRan has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Freeport-McMoRan has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.83% of the float of Freeport-McMoRan has been sold short.

Short Interest Ratio / Days to Cover

Freeport-McMoRan has a short interest ratio ("days to cover") of 2.31, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freeport-McMoRan has recently increased by 4.05%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Freeport-McMoRan has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Freeport-McMoRan does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Freeport-McMoRan is 12.61%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 7.71% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.61

News Sentiment

Freeport-McMoRan has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 53 news articles for Freeport-McMoRan this week, compared to 10 articles on an average week.

Search Interest

Only 40 people have searched for FCX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

44 people have added Freeport-McMoRan to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Freeport-McMoRan insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,911,621.00 in company stock.

Percentage Held by Insiders

0.73% of the stock of Freeport-McMoRan is held by insiders.

Percentage Held by Institutions

80.77% of the stock of Freeport-McMoRan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 8/3 Dividend: 7/15/2026
• Ex-Dividend for 8/3 Dividend: 7/15/2026
• Dividend Payable: 8/03/2026
• Record date for 11/2 Dividend: 10/15/2026
• Ex-Dividend for 11/2 Dividend: 10/15/2026
• Last Earnings: 10/27/2026
• Today: 10/31/2026
• Dividend Payable: 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Copper
• Current Symbol: NYSE:FCX
• CIK: 831259
• Web: www.fcx.com
• Phone: (602) 366-8100
• Fax: 504-582-1847
• Employees: 29,000
• Year Founded: 1988

Price Target and Rating

• Average Price Target for Freeport-McMoRan: $75.67
• High Price Target: $90.00
• Low Price Target: $46.00
• Potential Upside/Downside: +21.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 25 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.38
• Trailing P/E Ratio: 26.24
• Forward P/E Ratio: 20.54
• P/E Growth: 0.61
• Net Income: $2.20 billion
• Net Margins: 13.03%
• Pretax Margin: 26.56%
• Return on Equity: 12.09%
• Return on Assets: 6.50%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 2.02
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $26.44 billion
• Price / Sales: 3.39
• Cash Flow: $3.16 per share
• Price / Cash Flow: 19.74
• Book Value: $23.41 per share
• Price / Book: 2.67

Miscellaneous

• Outstanding Shares: 1,436,018,000
• Free Float: 1,425,535,000
• Market Cap: $89.66 billion
• Optionable: Optionable
• Beta: 1.39