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: $10.04
  • 50 Day Moving Average: $10.28
  • 200 Day Moving Average: $11.17
  • 52-Week Range: $1,328,258,000.00 - $3.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.24
  • P/E Growth: -0.62
  • Market Cap: $13.34B
  • Outstanding Shares: 1,328,258,000
  • Beta: 2.65
  • Net Margins: -87.70%
  • Return on Equity: -3.68%
  • Return on Assets: -0.89%
  • Debt-to-Equity Ratio: 2.23%
  • Current Ratio: 2.36%
  • 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 (3.59% upside)

Analysts' Ratings History for Freeport-McMoRan (NYSE:FCX)
DateFirmActionRatingPrice TargetDetails
10/20/2016FBR & CoReiterated RatingHoldView 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 10/23/2014 forward)


Earnings History for Freeport-McMoRan (NYSE:FCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016$0.19N/AView 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: $0.45 EPS
Next Year EPS Consensus Estimate: $0.98 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 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 logoDo Bears Sense Opportunity in Freeport-McMoRan’s 3Q16 Earnings? (NYSE:FCX) - October 18 at 4:56 PM logoDeutsche Bank Bullish on Freeport-McMoRan Inc (FCX) Following Sale of Onshore California Assets to Sentinel Peak (NYSE:FCX) - October 18 at 9:59 AM
News IconFreeport-McMoRan Taking $742M For California Onshore Assets (NYSE:FCX) - October 18 at 9:59 AM
News IconUpdate on Freeport-McMoRan Inc. (NYSE:FCX) for the day (NYSE:FCX) - October 18 at 9:59 AM logoFreeport-McMoRan Stock Falls on BofA Downgrade (FCX) (NYSE:FCX) - October 18 at 9:59 AM logoFreeport-McMoRan to sell California oil and gas assets for $742M (NYSE:FCX) - October 17 at 4:57 PM
News IconFreeport-McMoRan Inc. (FCX) Sees Large Increase in Short Interest (NYSE:FCX) - October 17 at 4:57 PM logoDoes a 20% Downside Call for Freeport-McMoRan Spell Trouble for All of Copper, Gold and Moly? (NYSE:FCX) - October 17 at 4:57 PM logoBlog Coverage Freeport-McMoRan Sells California Assets for $742 Million (NYSE:FCX) - October 17 at 9:58 AM
News IconFreeport-McMoran, Inc. (NYSE:FCX) (NYSE:FCX) - October 17 at 9:58 AM
News IconBlog Coverage Freeport McMoRan Sells California Assets for 742 Million Dollars (NYSE:FCX) - October 17 at 9:58 AM
News IconFreeport-McMoRan Deal Makes Way For California Newcomer Sentinel Peak (NYSE:FCX) - October 15 at 4:47 PM
News IconFreeport-McMoRan Inc (NYSE:FCX) & Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Stocks to Keep Your Eyes on (NYSE:FCX) - October 15 at 4:47 PM logo8:01 am Freeport-McMoRan to sell its onshore California oil and gas properties to Sentinel Peak Resources California LLC for $742 mln (NYSE:FCX) - October 15 at 4:47 PM logoFreeport-McMoRan Announces Agreement to Sell Onshore California Oil & Gas Properties for $742 Million, Including ... - Yahoo Finance (NYSE:FCX) - October 15 at 9:49 AM
News IconTaking Aim at Future Earnings Predictions for Freeport-McMoRan Inc. (NYSE:FCX) - CSZ News (NYSE:FCX) - October 15 at 9:49 AM
News IconPay Close Attention To These Analyst Ratings Freeport-McMoRan Inc (NYSE:FCX), Marathon Oil Corporation (NYSE ... - The Voice Registrar (NYSE:FCX) - October 15 at 9:49 AM logoUPDATE 1-Freeport-McMoRan to sell some oil and gas assets for up to $742 mln (NYSE:FCX) - October 14 at 4:53 PM logoFreeport-McMoRan Sells California Assets for Up to $742 Million (NYSE:FCX) - October 14 at 4:53 PM logoFreeport-McMoRan Stock Loses More Steam (FCX) (NYSE:FCX) - October 14 at 4:53 PM logoFreeport-McMoRan Sells California Onshore Business (NYSE:FCX) - October 14 at 4:53 PM logoStock Update (NYSE:FCX): Freeport-McMoRan Inc Announces Agreement to Sell ... (NYSE:FCX) - October 14 at 4:53 PM logoAre Freeport-McMoRan Inc (FCX) Options a Bargain? (NYSE:FCX) - October 14 at 4:53 PM logo3 Notable Runners: Freeport-McMoRan Inc. (FCX), First Data Corporation (FDC), InterCloud Systems, Inc. (ICLD) - iStreetWire (NYSE:FCX) - October 14 at 5:01 AM
News IconBasic Materials Worth Chasing: Newmont Mining Corporation (NEM), Freeport-McMoRan Inc. (FCX) - The Independent Republic (NYSE:FCX) - October 14 at 5:01 AM logoFreeport-McMoRan Inc (FCX) Stock Follows Copper Prices Down - (NYSE:FCX) - October 14 at 5:01 AM logoWhy Freeport-McMoRan Inc (FCX), Nokia Corp (ADR) (NOK) and Regions Financial Corp (RF) Are 3 of Today’s Worst Stocks (NYSE:FCX) - October 13 at 5:03 PM logoFreeport-McMoRan, Wells Fargo and MercadoLibre Slide (NYSE:FCX) - October 13 at 4:59 PM
News IconHigh Market Cap Stock of the Day – Freeport-McMoRan Inc. (NYSE:FCX) (NYSE:FCX) - October 13 at 4:59 PM logoSluggish Chinese Copper Imports Spell Trouble for Freeport (NYSE:FCX) - October 13 at 4:59 PM logoFreeport-McMoRan shares plunge after China reported disappointing trade data (NYSE:FCX) - October 13 at 4:59 PM logoUS shares reel from China’s export undershoot (NYSE:FCX) - October 13 at 12:41 PM
News IconFreeport-McMoRan Inc (NYSE:FCX) & Rite Aid Corporation (NYSE:RAD) Stocks to Keep Your Eyes on (NYSE:FCX) - October 13 at 12:41 PM logoU.S. Stock Indexes Drop; Is It China, Rates Or Trump? (NYSE:FCX) - October 13 at 12:41 PM logoHere’s Why Hortonworks, Talend, Deutsche Bank, and More Are in the Spotlight (NYSE:FCX) - October 13 at 12:41 PM


Freeport-McMoRan (NYSE:FCX) Chart for Sunday, October, 23, 2016

Last Updated on 10/23/2016 by Staff