S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:FCX

Freeport-McMoRan Stock Forecast, Price & News

$36.56
-0.54 (-1.46%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$35.61
$37.51
50-Day Range
$31.71
$41.23
52-Week Range
$23.77
$46.10
Volume
20.76 million shs
Average Volume
18.80 million shs
Market Capitalization
$53.69 billion
P/E Ratio
13.90
Dividend Yield
0.81%
Beta
2.06
30 days | 90 days | 365 days | Advanced Chart
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Freeport-McMoRan logo

About Freeport-McMoRan

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

Headlines

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Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
Diversified Metals & Mining
CUSIP
35671D85
Employees
24,500
Year Founded
1987

Sales & Book Value

Annual Sales
$14.20 billion
Cash Flow
$1.57 per share
Book Value
$15.34 per share

Profitability

Net Income
$599 million
Pretax Margin
33.79%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,468,470,000
Free Float
1,457,901,000
Market Cap
$53.69 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/14/2021
Last Earnings
10/20/2021
Dividend Payable
11/01/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/25/2022

Social Links


MarketRank

Overall MarketRank

3.14 out of 5 stars

Basic Materials Sector

12th out of 222 stocks

Metal Mining Industry

1st out of 21 stocks

Analyst Opinion: 3.3Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -












Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions

Is Freeport-McMoRan a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 2 sell ratings, 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Freeport-McMoRan stock.
View analyst ratings for Freeport-McMoRan
or view top-rated stocks.

How has Freeport-McMoRan's stock been impacted by Coronavirus?

Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FCX shares have increased by 350.2% and is now trading at $36.56.
View which stocks have been most impacted by COVID-19
.

When is Freeport-McMoRan's next earnings date?

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Freeport-McMoRan
.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc. (NYSE:FCX) issued its quarterly earnings data on Wednesday, October, 20th. The natural resource company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.08. The natural resource company earned $6.08 billion during the quarter, compared to analysts' expectations of $6.22 billion. Freeport-McMoRan had a trailing twelve-month return on equity of 18.51% and a net margin of 18.45%. Freeport-McMoRan's quarterly revenue was up 58.0% on a year-over-year basis. During the same quarter last year, the business earned $0.29 earnings per share.
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, September 22nd. Stockholders of record on Friday, October 15th will be paid a dividend of $0.075 per share on Monday, November 1st. This represents a $0.30 annualized dividend and a yield of 0.82%. The ex-dividend date is Thursday, October 14th.
View Freeport-McMoRan's dividend history
.

Is Freeport-McMoRan a good dividend stock?

Freeport-McMoRan pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.81%. Freeport-McMoRan does not yet have a strong track record of dividend growth. The dividend payout ratio of Freeport-McMoRan is 11.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 8.77% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend.
View Freeport-McMoRan's dividend history.

What price target have analysts set for FCX?

17 brokerages have issued 1 year price targets for Freeport-McMoRan's shares. Their forecasts range from $29.00 to $60.00. On average, they expect Freeport-McMoRan's share price to reach $40.67 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for Freeport-McMoRan
or view top-rated stocks among Wall Street analysts.

Who are Freeport-McMoRan's key executives?

Freeport-McMoRan's management team includes the following people:
  • Richard C. Adkerson, Chairman & Chief Executive Officer
  • Kathleen L. Quirk, President & Chief Financial Officer
  • Bertrand L. Odinet, Chief Information, Innovation Officer & VP
  • Stephen T. Higgins, Chief Administrative Officer & Senior VP
  • William E. Cobb, Chief Sustainability Officer & Senior VP

What is Richard C. Adkerson's approval rating as Freeport-McMoRan's CEO?

233 employees have rated Freeport-McMoRan CEO Richard C. Adkerson on Glassdoor.com. Richard C. Adkerson has an approval rating of 87% among Freeport-McMoRan's employees.

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 Micron Technology (MU), Bank of America (BAC), Intel (INTC), General Electric (GE), AT&T (T), NVIDIA (NVDA), Alibaba Group (BABA), Apollo Commercial Real Estate Finance (ARI), Cisco Systems (CSCO) and Gilead Sciences (GILD).

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 many different retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (4.21%), Fisher Asset Management LLC (3.20%), Geode Capital Management LLC (1.66%), Janus Henderson Group PLC (1.08%), Invesco Ltd. (1.04%) and Bank of New York Mellon Corp (1.03%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Gerald J Ford, Gerald J Ford, John Joseph Stephens, Kathleen L Quirk and Richard C Adkerson.
View institutional ownership trends for Freeport-McMoRan
.

Which major investors are selling Freeport-McMoRan stock?

FCX stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Morgan Stanley, Scout Investments Inc., Deutsche Bank AG, Invesco Ltd., Nan Shan Life Insurance Co. Ltd., Schroder Investment Management Group, and Crake Asset Management LLP. Company insiders that have sold Freeport-McMoRan company stock in the last year include C Donald Whitmire Jr, and Gerald J Ford.
View insider buying and selling activity for Freeport-McMoRan
or view top insider-selling stocks.

Which major investors are buying Freeport-McMoRan stock?

FCX stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Two Sigma Advisers LP, Capital Research Global Investors, Franklin Resources Inc., Voloridge Investment Management LLC, Villere ST Denis J & Co. LLC, Oaktree Capital Management LP, and Natixis.
View insider buying and selling activity for Freeport-McMoRan
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $36.56.

How much money does Freeport-McMoRan make?

Freeport-McMoRan has a market capitalization of $53.69 billion and generates $14.20 billion in revenue each year. The natural resource company earns $599 million in net income (profit) each year or $2.63 on an earnings per share basis.

How many employees does Freeport-McMoRan have?

Freeport-McMoRan employs 24,500 workers across the globe.

When was Freeport-McMoRan founded?

Freeport-McMoRan was founded in 1987.

What is Freeport-McMoRan's official website?

The official website for Freeport-McMoRan is www.fcx.com.

Where are Freeport-McMoRan's headquarters?

Freeport-McMoRan is headquartered at 333 NORTH CENTRAL AVENUE, PHOENIX AZ, 85004.

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, via email at [email protected], or via fax at 504-582-1847.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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