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

Company Overview

Freeport-McMoRan Inc. is a global mining company focused primarily on the exploration, development and production of copper, gold and molybdenum. Copper is its principal product and is used in electrical wiring, construction, transportation, industrial equipment and renewable-energy technologies. The company also produces gold as a byproduct of its copper operations and molybdenum, an alloying metal used in steelmaking and other industrial applications.

Freeport-McMoRan operates major mining and processing assets in North America, South America and Indonesia. Its portfolio includes the Grasberg minerals district in Papua, Indonesia, one of the world’s significant copper and gold deposits, as well as copper mines and processing facilities in Arizona and Colorado in the United States. In South America, the company operates or holds interests in copper mines including Cerro Verde in Peru and El Abra in Chile. Its operations include open-pit and underground mining, milling, smelting and refining.

The company traces its modern corporate history to the consolidation of Freeport’s mining businesses and subsequent expansion into major copper-producing regions. Freeport-McMoRan is headquartered in Phoenix, Arizona. Kathleen L. Quirk serves as president and chief executive officer, while Richard C. Adkerson serves as executive chairman.

Key Stats

• Today's Range: $71.53 to $72.87
• 50-Day Range: $58.81 to $79.91
• 52-Week Range: $35.29 to $80.24
• Volume: 7.54 million shs
• Average Volume: 11.39 million shs
• Market Capitalization: $103.75 billion
• P/E Ratio: 35.59
• Dividend Yield: 0.42%
• Price Target: $70.29
• Consensus Rating: Moderate Buy

Freeport-McMoRan Stock Analysis - MarketRank™

Freeport-McMoRan scored higher than 87% of companies evaluated by MarketBeat, and ranked 57th out of 229 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: 2.4 / 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/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 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 33.33%

Earnings Growth

Earnings for Freeport-McMoRan are expected to grow by 33.33% in the coming year, from $2.82 to $3.76 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Freeport-McMoRan is 35.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Freeport-McMoRan is 35.59, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 25.82.

Price to Earnings Growth Ratio

Freeport-McMoRan has a PEG Ratio of 0.71. 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 3.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

2.41% 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 2.81, 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 11.79%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Freeport-McMoRan has a dividend yield of 0.42%, 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 14.78%. 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 7.98% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.72

News Sentiment

Freeport-McMoRan has a news sentiment score of 0.72. 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 0.47 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Freeport-McMoRan this week, compared to 10 articles on an average week.

Search Interest

Only 56 people have searched for FCX on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

55 people have added Freeport-McMoRan to their MarketBeat watchlist in the last 30 days. This is an increase of 72% 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 $8,387,271.00 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
• Last Earnings: 7/23/2026
• Dividend Payable: 8/03/2026
• Today: 9/26/2026
• Record date for 11/2 Dividend: 10/15/2026
• Ex-Dividend for 11/2 Dividend: 10/15/2026
• Next Earnings (Estimated): 10/22/2026
• 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: $70.29
• High Price Target: $85.00
• Low Price Target: $46.00
• Potential Upside/Downside: -2.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 25 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.03
• Trailing P/E Ratio: 35.59
• Forward P/E Ratio: 25.62
• P/E Growth: 0.71
• Net Income: $2.20 billion
• Net Margins: 11.39%
• Pretax Margin: 25.72%
• Return on Equity: 10.63%
• Return on Assets: 5.69%

Debt

• Debt-to-Equity Ratio: 0.25
• Current Ratio: 2.07
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $25.92 billion
• Price / Sales: 4.00
• Cash Flow: $3.36 per share
• Price / Cash Flow: 21.51
• Book Value: $21.47 per share
• Price / Book: 3.37

Miscellaneous

• Outstanding Shares: 1,436,020,000
• Free Float: 1,425,535,000
• Market Cap: $103.75 billion
• Optionable: Optionable
• Beta: 1.41