NYSE:FCXFreeport-McMoRan Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Freeport-McMoRan Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.19 +0.87 (+13.77 %) (As of 04/6/2020 04:00 PM ET) Add Compare Share Today's Range$6.73Now: $7.19▼$7.2750-Day Range$5.31MA: $8.83▼$12.6152-Week Range$4.82Now: $7.19▼$14.68Volume39.07 million shsAverage Volume30.71 million shsMarket Capitalization$10.43 billionP/E RatioN/ADividend Yield3.16%Beta2.22 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingFreeport-McMoRan has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.77, Freeport-McMoRan has a potential upside of 77.6% from its current price of $7.19.Amount of Analyst CoverageFreeport-McMoRan has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesFreeport-McMoRan has received 1,003 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFreeport-McMoRan has received 929 “underperform” votes. (Add your “underperform” vote.)Community SentimentFreeport-McMoRan has received 51.92% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Freeport-McMoRan and other stocks. Vote “Outperform” if you believe FCX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FCX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipFreeport-McMoRan is a leading dividend payer. It pays a dividend yield of 3.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFreeport-McMoRan has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Freeport-McMoRan is 1,000.00 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 18.18 % next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Freeport-McMoRan insiders have bought more of their company's stock than they have sold. Specifically, they have bought $508,050.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.98% of the stock of Freeport-McMoRan is held by insiders.Percentage Held by Institutions72.84% of the stock of Freeport-McMoRan is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Freeport-McMoRan are expected to decrease by -558.33% in the coming year, from ($0.24) to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Freeport-McMoRan is -59.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Freeport-McMoRan is -59.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFreeport-McMoRan has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Metal mining Sub-IndustryDiversified Metals & Mining SectorBasic Materials Current SymbolNYSE:FCX Previous Symbol CUSIP35671D85 CIK831259 Webhttp://www.fcx.com/ Phone602-366-8100Debt Debt-to-Equity Ratio0.56 Current Ratio2.47 Quick Ratio1.20Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$14.40 billion Price / Sales0.72 Cash Flow$1.14 per share Price / Cash Flow6.32 Book Value$12.05 per share Price / Book0.60Profitability EPS (Most Recent Fiscal Year)$0.02 Net Income$-239,000,000.00 Net Margins-1.12% Return on Equity0.18% Return on Assets0.08%Miscellaneous Employees27,500 Outstanding Shares1,450,972,000Market Cap$10.43 billion Next Earnings Date4/23/2020 (Estimated) OptionableOptionable Receive FCX News and Ratings via Email Sign-up to receive the latest news and ratings for FCX and its competitors with MarketBeat's FREE daily newsletter. FCX Rates by TradingView Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions How has Freeport-McMoRan's stock been impacted by COVID-19 (Coronavirus)? Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FCX shares have decreased by 11.5% and is now trading at $7.19. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Freeport-McMoRan? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Freeport-McMoRan. When is Freeport-McMoRan's next earnings date? Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Freeport-McMoRan. How were Freeport-McMoRan's earnings last quarter? Freeport-McMoRan Inc (NYSE:FCX) released its quarterly earnings data on Thursday, January, 23rd. The natural resource company reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.03. The natural resource company earned $3.91 billion during the quarter, compared to the consensus estimate of $3.69 billion. Freeport-McMoRan had a positive return on equity of 0.18% and a negative net margin of 1.12%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 EPS. View Freeport-McMoRan's earnings history. How often does Freeport-McMoRan pay dividends? What is the dividend yield for Freeport-McMoRan? Freeport-McMoRan declared a quarterly dividend on Wednesday, December 18th. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.05 per share on Monday, February 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Tuesday, January 14th. View Freeport-McMoRan's dividend history. What price target have analysts set for FCX? 16 brokerages have issued 1 year price objectives for Freeport-McMoRan's stock. Their forecasts range from $7.00 to $19.00. On average, they expect Freeport-McMoRan's share price to reach $12.77 in the next twelve months. This suggests a possible upside of 77.6% from the stock's current price. View analysts' price targets for Freeport-McMoRan. Has Freeport-McMoRan been receiving favorable news coverage? News headlines about FCX stock have been trending very negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Freeport-McMoRan earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the natural resource company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFreeport-McMoRan. Are investors shorting Freeport-McMoRan? Freeport-McMoRan saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 54,170,000 shares, a decline of 7.4% from the February 13th total of 58,510,000 shares. Based on an average trading volume of 26,060,000 shares, the short-interest ratio is currently 2.1 days. Approximately 3.8% of the company's stock are sold short. View Freeport-McMoRan's Current Options Chain. Who are some of Freeport-McMoRan's key competitors? Some companies that are related to Freeport-McMoRan include Southern Copper (SCCO), Compass Minerals International (CMP), Materion (MTRN), SunCoke Energy (SXC), U.S. Silica (SLCA), Ferroglobe (GSM), United States Antimony (UAMY), General Moly (GMO) and Revett Mining Company, Inc. (DE) (RVM). What other stocks do shareholders of Freeport-McMoRan own? Based on aggregate information from My MarketBeat watchlists, some companies that other Freeport-McMoRan investors own include Bank of America (BAC), Apollo Commercial Real Est. Finance (ARI), Micron Technology (MU), General Electric (GE), AT&T (T), Intel (INTC), Alibaba Group (BABA), Puma Biotechnology (PBYI), NVIDIA (NVDA) and BioMarin Pharmaceutical (BMRN). Who are Freeport-McMoRan's key executives? Freeport-McMoRan's management team includes the following people: Richard C. Adkerson, Vice Chairman, President & Chief Executive OfficerHarry Milton Conger, President & Chief Operating Officer-AmericasKathleen L. Quirk, Chief Financial Officer, Treasurer & Executive VPC. Donald Whitmire, Vice President & Controller-Financial ReportingDavid P. Joint, Director-Investor Relations What is Freeport-McMoRan's stock symbol? Freeport-McMoRan trades on the New York Stock Exchange (NYSE) under the ticker symbol "FCX." Who are Freeport-McMoRan's major shareholders? Freeport-McMoRan's stock is owned by a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.03%) and Private Asset Management Inc. (0.00%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Courtney Mather, Harry M Iv Conger, John Joseph Stephens, Kathleen L Quirk and Richard C Adkerson. View institutional ownership trends for Freeport-McMoRan. Which institutional investors are selling Freeport-McMoRan stock? FCX stock was sold by a variety of institutional investors in the last quarter, including Private Asset Management Inc.. View insider buying and selling activity for Freeport-McMoRan. Which institutional investors are buying Freeport-McMoRan stock? FCX stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Freeport-McMoRan stock in the last two years include John Joseph Stephens, Kathleen L Quirk, and Richard C Adkerson. View insider buying and selling activity for Freeport-McMoRan. How do I buy shares of Freeport-McMoRan? Shares of FCX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Freeport-McMoRan's stock price today? One share of FCX stock can currently be purchased for approximately $7.19. How big of a company is Freeport-McMoRan? Freeport-McMoRan has a market capitalization of $10.43 billion and generates $14.40 billion in revenue each year. The natural resource company earns $-239,000,000.00 in net income (profit) each year or $0.02 on an earnings per share basis. Freeport-McMoRan employs 27,500 workers across the globe. View additional information about Freeport-McMoRan. What is Freeport-McMoRan's official website? The official website for Freeport-McMoRan is http://www.fcx.com/. How can I contact Freeport-McMoRan? Freeport-McMoRan's mailing address is 333 NORTH CENTRAL AVENUE, PHOENIX AZ, 85004. The natural resource company can be reached via phone at 602-366-8100 or via email at [email protected] This page was last updated on 4/6/2020 by MarketBeat.com StaffFeatured Article: What is an Initial Public Offering (IPO)?
