NYSE:FCX - Freeport-McMoRan Stock Price, Price Target & More

Freeport-McMoRan trades on the New York Stock Exchange (NYSE) under the ticker symbol "FCX."

Freeport-McMoRan announced a quarterly dividend on Wednesday, March 28th. Shareholders of record on Friday, April 13th will be given a dividend of $0.05 per share on Tuesday, May 1st. This represents a $0.20 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, April 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) issued its quarterly earnings results on Tuesday, April, 24th. The natural resource company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.56 by $0.10. The natural resource company earned $4.87 billion during the quarter, compared to analyst estimates of $4.92 billion. Freeport-McMoRan had a return on equity of 19.92% and a net margin of 12.72%. Freeport-McMoRan's quarterly revenue was up 45.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 EPS. View Freeport-McMoRan's Earnings History.

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Freeport-McMoRan.

20 brokerages have issued 1 year target prices for Freeport-McMoRan's shares. Their forecasts range from $12.00 to $25.00. On average, they expect Freeport-McMoRan's share price to reach $18.0278 in the next twelve months. View Analyst Ratings for Freeport-McMoRan.

Freeport-McMoRan saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 23,486,112 shares, a drop of 11.7% from the May 15th total of 26,603,535 shares. Based on an average trading volume of 16,087,203 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.6% of the shares of the stock are short sold. View Freeport-McMoRan's Current Options Chain.

Some companies that are related to Freeport-McMoRan include BHP Billiton (BHP), Rio Tinto plc ADR Common Stock (RIO), Vale (VALE), Southern Copper (SCCO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), SOUTH32 Ltd/S (SOUHY), First Quantum Minerals (FQVLF), FORTESCUE METAL/S (FSUGY), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), Cleveland-Cliffs (CLF), Vedanta Resources (VDNRF), Centamin (CELTF) and Nexa Resources (NEXA).

Media coverage about FCX stock has been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Freeport-McMoRan earned a news impact score of 0.08 on Accern's scale. They also assigned news articles about the natural resource company an impact score of 46.45 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Freeport-McMoRan's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Icahn Carl C (3.46%), Northern Trust Corp (1.28%), Dimensional Fund Advisors LP (0.95%), Prudential Financial Inc. (0.82%), Sound Shore Management Inc. CT (0.52%) and Letko Brosseau & Associates Inc. (0.50%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Courtney Mather, Harry M Iv Conger and Jon C/ Madonna. View Institutional Ownership Trends for Freeport-McMoRan.

FCX stock was sold by a variety of institutional investors in the last quarter, including Icahn Carl C, State of New Jersey Common Pension Fund D, Pendal Group Ltd, The Manufacturers Life Insurance Company, Franklin Resources Inc., Manning & Napier Group LLC, Quadrature Capital Ltd and Letko Brosseau & Associates Inc.. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Point72 Asset Management L.P., Mackay Shields LLC, Capital Growth Management LP, Sound Shore Management Inc. CT, Natixis, Inverness Counsel LLC NY and Eaton Vance Management. Company insiders that have bought Freeport-McMoRan stock in the last two years include Courtney Mather and Harry M Iv Conger. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of FCX stock can currently be purchased for approximately $16.44.

Freeport-McMoRan has a market capitalization of $23.70 billion and generates $16.40 billion in revenue each year. The natural resource company earns $1.82 billion in net income (profit) each year or $1.17 on an earnings per share basis. Freeport-McMoRan employs 25,200 workers across the globe.

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]