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

Company Overview

Freeport-McMoRan Inc. is a leading international natural resources company with a primary focus on copper, gold and molybdenum extraction. Headquartered in Phoenix, Arizona, the company develops, acquires and operates large, geographically diverse mineral assets with significant scale and long-lived reserves. Freeport-McMoRan’s integrated operations encompass exploration, mining, processing and reclamation activities, positioning the firm as one of the world’s largest publicly traded copper producers.

The company’s operations include both open-pit and underground mines, complemented by extensive milling and smelting facilities. In copper production, Freeport-McMoRan’s portfolio of long life, low-cost operations provides a competitive cost structure. In addition to copper, the company recovers gold and silver as by-products and produces molybdenum, which is used in steel alloys and other industrial applications.

Freeport-McMoRan serves customers worldwide through a network of mines and related facilities in North America, South America, Asia and Africa. Key assets include the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold mines; the Tenke Fungurume mine in the Democratic Republic of Congo; and significant operations in North America such as the Morenci and Bagdad copper mines in Arizona and the Cerro Verde operation in Peru.

Tracing its heritage to the Freeport Sulphur Company founded in 1912, Freeport-McMoRan in its current form emerged through the merger of Freeport Minerals and McMoRan Oil & Gas in the late 1980s. Today, the company is led by Chairman and Chief Executive Officer Richard C. Adkerson, supported by a seasoned management team with extensive experience in mining, engineering and global commodity markets. Freeport-McMoRan emphasizes sustainable development and community engagement in its host regions.

Key Stats

• Today's Range: $45.18 to $46.12
• 50-Day Range: $39.12 to $47.19
• 52-Week Range: $27.66 to $52.61
• Volume: 5.64 million shs
• Average Volume: 15.43 million shs
• Market Capitalization: $66.13 billion
• P/E Ratio: 34.91
• Dividend Yield: 0.65%
• Price Target: $51.00
• Consensus Rating: Moderate Buy

Freeport-McMoRan Stock Analysis - MarketRank™

Freeport-McMoRan scored higher than 98% of companies evaluated by MarketBeat, and ranked 4th out of 185 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Freeport-McMoRan has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Freeport-McMoRan has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 28.57%

Earnings Growth

Earnings for Freeport-McMoRan are expected to grow by 28.57% in the coming year, from $1.68 to $2.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Freeport-McMoRan is 34.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 271.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Freeport-McMoRan is 34.63, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 149.85.

Price to Earnings Growth Ratio

Freeport-McMoRan has a PEG Ratio of 0.84. 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 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.87% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freeport-McMoRan has recently decreased by 17.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Freeport-McMoRan has a dividend yield of 0.68%, 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 22.73%. 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 13.89% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.34

Percentage of Shares Shorted

1.87% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freeport-McMoRan has recently decreased by 17.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.59

News Sentiment

Freeport-McMoRan has a news sentiment score of 1.59. 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 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 30 news articles for Freeport-McMoRan this week, compared to 31 articles on an average week.

Search Interest

Only 20 people have searched for FCX on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.

MarketBeat Follows

Only 30 people have added Freeport-McMoRan to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Freeport-McMoRan insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 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.

FCX Stock Analysis - Frequently Asked Questions

How have FCX shares performed this year?

Freeport-McMoRan's stock was trading at $38.08 at the beginning of the year. Since then, FCX stock has increased by 19.9% and is now trading at $45.6750.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc. (NYSE:FCX) announced its quarterly earnings results on Wednesday, July, 23rd. The natural resource company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.09. The business's quarterly revenue was up 14.5% compared to the same quarter last year.
Read the conference call transcript.

Does Freeport-McMoRan have any subsidiaries?

Freeport-McMoRan subsidiaries include Plains Exploration & Production, Climax Molybdenum Company, Cyprus Amax Minerals Company, Cyprus Climax Metals Company, Cyprus Metals Company, Freeport-McMoRan Bagdad Inc., Freeport-McMoRan Exploration Corporation, and more.

Who are Freeport-McMoRan's major shareholders?

Top institutional shareholders of Freeport-McMoRan include Vanguard Group Inc. (8.84%), Fisher Asset Management LLC (4.34%), State Street Corp (4.30%) and Franklin Resources Inc. (2.43%). Insiders that own company stock include Richard C Adkerson, Douglas N Currault II, Stephen T Higgins, Ellie L Mikes and Sara Grootwassink Lewis.
View institutional ownership trends.

How do I buy shares of Freeport-McMoRan?

Shares of FCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Freeport-McMoRan own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Freeport-McMoRan investors own include Chevron (CVX), NVIDIA (NVDA), Meta Platforms (META), Bristol Myers Squibb (BMY), Broadcom (AVGO), Advanced Micro Devices (AMD) and Comcast (CMCSA).

Company Calendar

• Record date for 8/1 Dividend: 7/15/2025
• Ex-Dividend for 8/1 Dividend: 7/15/2025
• Last Earnings: 7/23/2025
• Dividend Payable: 8/01/2025
• Today: 9/04/2025
• Next Earnings (Estimated): 10/28/2025
• Fiscal Year End: 12/31/2025

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: 28,500
• Year Founded: 1988

Price Target and Rating

• Average Price Target for Freeport-McMoRan: $51.00
• High Price Target: $56.00
• Low Price Target: $39.00
• Potential Upside/Downside: +10.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.32
• Trailing P/E Ratio: 34.97
• Forward P/E Ratio: 27.48
• P/E Growth: 0.84
• Net Income: $1.89 billion
• Net Margins: 7.45%
• Pretax Margin: 26.67%
• Return on Equity: 7.37%
• Return on Assets: 3.87%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 2.47
• Quick Ratio: 1.21

Sales & Book Value

• Annual Sales: $25.46 billion
• Price / Sales: 2.60
• Cash Flow: $3.18 per share
• Price / Cash Flow: 14.54
• Book Value: $20.89 per share
• Price / Book: 2.21

Miscellaneous

• Outstanding Shares: 1,435,770,000
• Free Float: 1,424,431,000
• Market Cap: $66.28 billion
• Optionable: Optionable
• Beta: 1.59