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

Company Overview

Freeport-McMoRan Inc. is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia. Notable operations include major copper mining complexes in the southwestern United States and significant projects in South America and Southeast Asia. The company’s integrated approach combines in-country mining operations with regional logistics and marketing to supply global metals markets that serve electrical, industrial and infrastructure end uses.

Headquartered in Phoenix, Arizona, Freeport-McMoRan has grown through successive exploration, development and acquisition activities to become one of the larger copper producers globally. Its organization includes experienced technical, operational and commercial management teams focused on long-life assets and resource development. The company has a corporate governance structure with executive management and a board overseeing operational, environmental and regulatory matters in the jurisdictions where it operates.

Key Stats

• Today's Range: $60.70 to $62.28
• 50-Day Range: $52.02 to $70.26
• 52-Week Range: $35.15 to $70.96
• Volume: 12.19 million shs
• Average Volume: 16.22 million shs
• Market Capitalization: $88.60 billion
• P/E Ratio: 32.79
• Dividend Yield: 0.49%
• Price Target: $65.14
• Consensus Rating: Moderate Buy

Freeport-McMoRan Stock Analysis - MarketRank™

Freeport-McMoRan scored higher than 92% of companies evaluated by MarketBeat, and ranked 22nd out of 176 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Freeport-McMoRan has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 1 strong buy rating, 16 buy ratings, 5 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Freeport-McMoRan is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Freeport-McMoRan has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 34.38%

Earnings Growth

Earnings for Freeport-McMoRan are expected to grow by 34.38% in the coming year, from $2.56 to $3.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Freeport-McMoRan is 32.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of Freeport-McMoRan is 32.79, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.36.

Price to Earnings Growth Ratio

Freeport-McMoRan has a PEG Ratio of 0.73. 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 2.81. 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

1.98% 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 1.8, 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 3.93%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Freeport-McMoRan has a dividend yield of 0.49%, 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 15.96%. 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 8.72% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.4 / 5
• News Sentiment: 0.98

News Sentiment

Freeport-McMoRan has a news sentiment score of 0.98. 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 0.54 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 44 news articles for Freeport-McMoRan this week, compared to 14 articles on an average week.

Search Interest

99 people have searched for FCX on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.

MarketBeat Follows

70 people have added Freeport-McMoRan to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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 $35,839,918.00 in company stock.

Percentage Held by Insiders

0.75% 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 5/1 Dividend: 4/15/2026
• Ex-Dividend for 5/1 Dividend: 4/15/2026
• Last Earnings: 4/23/2026
• Dividend Payable: 5/01/2026
• Today: 5/09/2026
• AGM 2026: 6/10/2026
• Next Earnings (Estimated): 7/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: MINING - NON FERR
• Sub-Industry: Diversified Metals & Mining
• 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: $65.14
• High Price Target: $81.00
• Low Price Target: $46.00
• Potential Upside/Downside: +5.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.88
• Trailing P/E Ratio: 32.79
• Forward P/E Ratio: 24.08
• P/E Growth: 0.74
• Net Income: $2.20 billion
• Net Margins: 10.34%
• Pretax Margin: 26.93%
• Return on Equity: 9.88%
• Return on Assets: 5.26%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 2.39
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $25.92 billion
• Price / Sales: 3.42
• Cash Flow: $3.35 per share
• Price / Cash Flow: 18.40
• Book Value: $21.92 per share
• Price / Book: 2.81

Miscellaneous

• Outstanding Shares: 1,437,200,000
• Free Float: 1,426,423,000
• Market Cap: $88.60 billion
• Optionable: Optionable
• Beta: 1.32