Freeport-McMoRan Company Profile (NYSE:FCX)

About Freeport-McMoRan

Freeport-McMoRan logoFreeport-McMoRan Inc. (FCX) is a natural resource company with a portfolio of mineral assets, and oil and natural gas resources. The Company's segments include the Morenci, Cerro Verde, Grasberg and Tenke Fungurume copper mines, the Rod & Refining operations and the U.S. Oil & Gas Operations. It has organized its operations into five primary divisions: North America copper mines, South America mining, Indonesia mining, Africa mining and Molybdenum mines. Its portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America, the Tenke Fungurume (Tenke) minerals district in the Democratic Republic of Congo (DRC) in Africa, and oil and natural gas assets in the United States. Its Atlantic Copper smelts and refines copper concentrates, and markets refined copper and precious metals in slimes. It has a smelter at its Miami, Arizona, mining operation, and molybdenum conversion facilities in the United States and Europe.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Copper
  • Sub-Industry: Diversified Metals & Mining
  • Exchange: NYSE
  • Symbol: FCX
  • CUSIP: 35671D85
Key Metrics:
  • Previous Close: $10.69
  • 50 Day Moving Average: $10.29
  • 200 Day Moving Average: $11.22
  • 52-Week Range: $3.52 - $14.06
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.18
  • P/E Growth: -0.76
  • Market Cap: $14.20B
  • Outstanding Shares: 1,328,258,000
  • Beta: 2.65
  • Net Margins: -58.67%
  • Return on Equity: -0.72%
  • Return on Assets: -0.16%
  • Debt-to-Equity Ratio: 2.01%
  • Current Ratio: 2.56%
  • Quick Ratio: 1.53%
Additional Links:
Companies Related to Freeport-McMoRan:

Analyst Ratings

Consensus Ratings for Freeport-McMoRan (NYSE:FCX) (?)
Ratings Breakdown: 4 Sell Ratings, 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $10.40 (2.71% downside)

Analysts' Ratings History for Freeport-McMoRan (NYSE:FCX)
DateFirmActionRatingPrice TargetDetails
10/26/2016FBR & CoReiterated RatingHold -> NeutralView Rating Details
10/18/2016Deutsche Bank AGReiterated RatingBuy$12.50View Rating Details
10/16/2016Jefferies GroupSet Price TargetBuy$15.00View Rating Details
10/17/2016Bank of America Corp.Initiated CoverageUnderperform$8.00View Rating Details
9/18/2016Berenberg BankReiterated RatingHold$10.00View Rating Details
9/14/2016MacquarieLower Price TargetNeutral$13.00 -> $10.00View Rating Details
9/14/2016Morgan StanleyDowngradeEqual Weight -> Underweight$9.00 -> $7.00View Rating Details
9/13/2016BMO Capital MarketsSet Price TargetHold$12.00View Rating Details
9/13/2016Cowen and CompanySet Price TargetBuy$15.00View Rating Details
8/8/2016Barclays PLCBoost Price TargetEqual Weight$10.00 -> $11.00View Rating Details
7/7/2016HSBCReiterated RatingBuyView Rating Details
5/19/2016Goldman Sachs Group Inc.Initiated CoverageNeutral$12.00View Rating Details
4/25/2016Royal Bank Of CanadaLower Price TargetSector Perform$12.00 -> $6.50View Rating Details
4/19/2016Credit Agricole SADowngradeUnderperform -> SellView Rating Details
4/8/2016NomuraBoost Price Target$7.00 -> $10.00View Rating Details
3/8/2016Citigroup Inc.Reiterated RatingSellView Rating Details
3/1/2016ScotiabankDowngradeOutperform -> Sector PerformView Rating Details
2/3/2016ArgusDowngradeBuy -> HoldView Rating Details
9/11/2015GabelliInitiated CoverageBuy$20.25View Rating Details
9/1/2015S&P Equity ResearchUpgradeHold$10.00 -> $12.00View Rating Details
4/24/2015Clarkson CapitalDowngradeBuy -> HoldView Rating Details
3/31/2015JPMorgan Chase & Co.Lower Price TargetOverweight$24.00 -> $23.00View Rating Details
3/24/2015Brean CapitalSet Price TargetHold$19.00View Rating Details
1/28/2015Credit Suisse Group AGDowngradeHold$25.00View Rating Details
1/28/2015BB&T Corp.DowngradeBuy -> HoldView Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Freeport-McMoRan (NYSE:FCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016Q316$0.19$0.13$3.95 billion$3.88 billionViewListenView Earnings Details
7/26/2016Q216($0.01)($0.02)$3.70 billion$3.33 billionViewListenView Earnings Details
4/26/2016Q116($0.17)($0.16)$3.52 billion$3.53 billionViewListenView Earnings Details
1/26/2016Q415($0.17)($0.02)$3.89 billion$3.80 billionViewListenView Earnings Details
10/22/2015Q315($0.08)($0.15)$3.96 billion$3.68 billionViewListenView Earnings Details
7/23/2015Q215$0.07$0.14$4.30 billion$4.25 billionViewListenView Earnings Details
4/23/2015Q115($0.07)($0.06)$4.06 billion$4.15 billionViewN/AView Earnings Details
1/27/2015Q414$0.35$0.25$4.93 billion$5.24 billionViewN/AView Earnings Details
10/28/2014Q314$0.61$0.64$5.65 billion$5.70 billionViewListenView Earnings Details
7/23/2014Q214$0.49$0.46$5.24 billion$5.52 billionViewN/AView Earnings Details
4/24/2014Q114$0.43$0.49$5.01 billion$4.99 billionViewListenView Earnings Details
1/22/2014Q413$0.81$0.84$6.39 billion$5.90 billionViewListenView Earnings Details
10/22/2013Q313$0.62$0.79$5.68 billion$6.17 billionViewListenView Earnings Details
7/23/2013Q2 2013$0.41$0.49$4.28 billion$4.29 billionViewN/AView Earnings Details
4/18/2013Q1 2013$0.81$0.68$4.76 billion$4.58 billionViewListenView Earnings Details
1/22/2013Q4 2012$0.72$0.74$4.48 billion$4.51 billionViewListenView Earnings Details
10/22/2012$0.73$0.86ViewN/AView Earnings Details
7/19/2012$0.79$0.74ViewN/AView Earnings Details
4/19/2012$0.85$0.80ViewN/AView Earnings Details
1/19/2012$0.65$0.67ViewN/AView Earnings Details
10/19/2011$1.07$1.10ViewN/AView Earnings Details
7/21/2011$1.36$1.43ViewN/AView Earnings Details
4/20/2011$1.29$1.57ViewN/AView Earnings Details
1/20/2011$3.01$3.25ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Freeport-McMoRan (NYSE:FCX)
Current Year EPS Consensus Estimate: $0.44 EPS
Next Year EPS Consensus Estimate: $1.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169($0.28)$0.23($0.07)
Q2 20165($0.16)$0.06($0.01)
Q3 20164$0.13$0.31$0.22
Q4 20164$0.37$0.64$0.49
Q1 20172$0.24$0.45$0.35
Q2 20172$0.26$0.42$0.34
Q3 20172$0.25$0.27$0.26
Q4 20172$0.16$0.27$0.22
Q1 20181$0.22$0.22$0.22
(Data provided by Zacks Investment Research)


Current Dividend Information for Freeport-McMoRan (NYSE:FCX)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:-27.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Freeport-McMoRan (NYSE:FCX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Freeport-McMoRan (NYSE:FCX)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 67.74%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/4/2015James C FloresVice ChairmanBuy2,200,000$9.70$21,340,000.00View SEC Filing  
8/28/2015James R MoffettChairmanBuy100,000$10.57$1,057,000.00View SEC Filing  
8/18/2015Gerald J FordDirectorBuy1,000,000$9.94$9,940,000.00View SEC Filing  
6/3/2015James C FloresVice ChairmanBuy60,000$20.52$1,231,200.00View SEC Filing  
12/12/2014Michael J ArnoldCAOBuy50,000$22.15$1,107,500.00View SEC Filing  
12/11/2014James C FloresChairmanBuy500,000$23.60$11,800,000.00View SEC Filing  
5/28/2014Robert DayDirectorSell186,000$33.77$6,281,220.00View SEC Filing  
5/7/2014H Devon Graham, Jr.DirectorSell1,890$34.06$64,373.40View SEC Filing  
11/7/2013J Bennett JohnstonDirectorBuy20,000$36.72$734,400.00View SEC Filing  
11/4/2013J Bennett JohnstonDirectorBuy18,900$37.13$701,757.00View SEC Filing  
10/25/2013James C FloresChairmanBuy1,500,000$37.45$56,175,000.00View SEC Filing  
8/2/2013Gerald FordDirectorBuy1,000,000$29.18$29,180,000.00View SEC Filing  
8/1/2013Bobby Lee LackeyDirectorBuy1,800$29.09$52,362.00View SEC Filing  
7/30/2013James R MoffettChairmanBuy1,000,000$28.53$28,530,000.00View SEC Filing  
7/26/2013J Taylor WhartonDirectorSell9,416$28.61$269,391.76View SEC Filing  
7/26/2013James C FloresChairmanBuy517,350$28.65$14,822,077.50View SEC Filing  
6/3/2013James C FloresChairmanBuy1,100,000$31.17$34,287,000.00View SEC Filing  
3/1/2013J Bennett JohnstonDirectorBuy16,000$31.48$503,680.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Freeport-McMoRan (NYSE:FCX)
News IconSolidifying Their Stance, Institutions Increase Activity in Freeport-McMoRan Inc. (NYSE:FCX) - AR News (NYSE:FCX) - October 27 at 5:02 PM
News IconReviving Stocks in Expert's Opinion: Freeport-McMoRan Inc. (NYSE:FCX), Noble Energy, Inc. (NYSE:NBL) - Street Wise Report (press release) (blog) (NYSE:FCX) - October 27 at 5:02 PM logoFreeport-McMoRan: Proving The Cash Flow Thesis - Seeking Alpha (NYSE:FCX) - October 27 at 5:02 PM logoETF’s with exposure to Freeport-McMoRan, Inc. : October 27, 2016 (NYSE:FCX) - October 27 at 5:02 PM
News IconFreeport-McMoRan Inc. (FCX) Announces Quarterly Earnings Results (NYSE:FCX) - October 27 at 9:41 AM
News IconDaily Elliott Wave Analysis of Freeport-McMoRan Inc. $FCX (NYSE:FCX) - October 27 at 9:41 AM
News IconMiner Freeport-McMoRan returns to profit after almost 2 years (NYSE:FCX) - October 26 at 5:02 PM logoFreeport-McMoRan Inc (FCX): Market Responds To Favorable Earnings (NYSE:FCX) - October 26 at 5:02 PM logoFREEPORT-MCMORAN INC : Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:FCX) - October 26 at 5:02 PM
News IconMiner Freeport-McMoRan returns to profit after nearly 2 years (NYSE:FCX) - October 26 at 5:02 PM logoShort-Interest Tables Show Traders Are Watching the Wrong Stocks (NYSE:FCX) - October 26 at 5:02 PM logoFreeport-McMoRan, Inc. :FCX-US: Earnings Analysis: Q3, 2016 By the Numbers : October 26, 2016 (NYSE:FCX) - October 26 at 5:02 PM logoFreeport-McMoRan Q3 Earnings Miss, Revenues Beat (FCX) (NYSE:FCX) - October 26 at 5:02 PM logoWhy the Market Shrugged Off Freeport-McMoRan’s 3Q16 Earnings Miss (NYSE:FCX) - October 26 at 5:02 PM logoFREEPORT-MCMORAN INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial State (NYSE:FCX) - October 26 at 5:02 PM
News IconBullish Movers Gaining Investors Attention: Freeport-McMoRan Inc. (NYSE:FCX), Marathon Petroleum Corporation ... - Street Wise Report (press release) (blog) (NYSE:FCX) - October 26 at 8:07 AM logoThree Movers to Watch for: Freeport-McMoRan Inc. (FCX), Sprint Corporation (S), Southwestern Energy Company (SWN) - iStreetWire (NYSE:FCX) - October 25 at 5:01 PM
News IconFreeport-McMoRan misses 3Q profit forecasts - The Telegraph (NYSE:FCX) - October 25 at 5:01 PM
News IconFreeport-McMoRan Inc (NYSE:FCX) & Kinross Gold Corporation (USA) (NYSE:KGC) Stocks to Keep Your Eyes on - Money News (NYSE:FCX) - October 25 at 5:01 PM logoFreeport (FCX) Misses Q3 Earnings Estimates, Revenues Beat (NYSE:FCX) - October 25 at 5:01 PM logo[$$] Freeport-McMoRan Swings to Profit (NYSE:FCX) - October 25 at 5:01 PM logoFreeport-McMoran (FCX) Stock Up Despite Q3 Miss (NYSE:FCX) - October 25 at 5:01 PM logoFreeport-McMoRan's (FCX) Q3 Earnings Miss, Sales Beat (NYSE:FCX) - October 25 at 5:01 PM logoFreeport-McMoRan Inc (FCX) Stock Finally Gets Some Earnings Help (NYSE:FCX) - October 25 at 1:49 PM
News IconMover to Watch - Freeport-McMoran, Inc. (NYSE:FCX) - Hot Stocks Point (NYSE:FCX) - October 25 at 9:53 AM logoFreeport-McMoRan misses 3Q profit forecasts (NYSE:FCX) - October 25 at 9:53 AM logoFCX Reports Third-Quarter and Nine-Month 2016 Results (NYSE:FCX) - October 25 at 9:53 AM logoMiner Freeport-McMoRan cuts sales forecast for 2016 (NYSE:FCX) - October 25 at 9:53 AM logoFreeport-McMoRan Earnings Light, Sales Forecast Cut (NYSE:FCX) - October 25 at 9:53 AM
News IconBasic materials stocks for your portfolio: Freeport-McMoRan (FCX), Denbury Resources (DNR) - The Independent Republic (NYSE:FCX) - October 24 at 4:50 PM
News IconBasic materials stocks for your portfolio: Freeport-McMoRan Inc. (FCX), Denbury Resources Inc. (DNR) - The Independent Republic (NYSE:FCX) - October 24 at 4:50 PM
News IconFreeport-McMoRan Inc. (FCX) Short Interest Up 3.1% in September - DailyQuint (NYSE:FCX) - October 24 at 10:14 AM logoWhat to Expect From Freeport-McMoRan Earnings? (FCX) (NYSE:FCX) - October 24 at 10:14 AM logoMining Stocks' Q3 Earnings Slated For Oct 25: FCX, SCCO (NYSE:FCX) - October 24 at 10:14 AM
News IconSession Risk Alert as Shares Tripping Lower: Freeport-McMoRan Inc. (NYSE:FCX) - CSZ News (NYSE:FCX) - October 23 at 9:33 AM
News IconFreeport-McMoRan Inc (NYSE:FCX) & JetBlue Airways Corporation (NASDAQ:JBLU) Stocks to Keep Your Eyes on (NYSE:FCX) - October 22 at 4:47 PM
News IconFreeport-McMoRan Inc. (FCX) Coverage Initiated at Bank of America Corp (NYSE:FCX) - October 21 at 5:01 PM
News IconFreeport-McMoRan Inc. (NYSE:FCX) from Copper – Todays Top Gains (NYSE:FCX) - October 21 at 5:01 PM logoFreeport-McMoRan (FCX) Q3 Earnings: A Beat in the Cards? (NYSE:FCX) - October 21 at 5:01 PM logo3 Stocks to Watch For: Freeport-McMoRan Inc. (FCX), Regions Financial Corporation (RF), Vapor Corp. (VPCO) - iStreetWire (NYSE:FCX) - October 20 at 5:01 PM logoFreeport Copper-Mine Sale May Need Arbitration (FCX) (NYSE:FCX) - October 20 at 5:01 PM logoFreeport-McMoRan Inc : quaterly earnings release (NYSE:FCX) - October 20 at 10:29 AM logoDoc Copper, Dangerous place should it slip! (NYSE:FCX) - October 20 at 10:29 AM logoMetal and Mining Sector Companies Rose on October 19 (NYSE:FCX) - October 20 at 10:29 AM
News IconTop Gainers of the Day: Freeport-McMoRan Inc. (NYSE:FCX) from Copper (NYSE:FCX) - October 19 at 5:23 PM logoHow Commodity Prices Could Affect Freeport’s 3Q16 Earnings (NYSE:FCX) - October 19 at 5:23 PM logoWill Gold Shine in Freeport-McMoRan’s 3Q16 Profits? (NYSE:FCX) - October 19 at 5:23 PM logoStocks in the Spotlight: Whiting Petroleum Corp. (WLL), Freeport-McMoRan Inc. (FCX), Avon Products Inc. (AVP) - iStreetWire (NYSE:FCX) - October 19 at 9:55 AM logoWhy Analysts Expect Freeport-McMoRan’s 3Q16 Revenue to Rise (NYSE:FCX) - October 19 at 9:54 AM
News IconFreeport-McMoran, Inc. (NYSE:FCX) Quarterly growth Review - The Newburgh Press (NYSE:FCX) - October 18 at 4:56 PM


Freeport-McMoRan (NYSE:FCX) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff