NYSE:FCX - Freeport-McMoRan Stock Price, News, & Analysis

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

Freeport-McMoRan declared a quarterly dividend on Wednesday, September 26th. Shareholders of record on Monday, October 15th will be given a dividend of $0.05 per share on Thursday, November 1st. This represents a $0.20 annualized dividend and a yield of 1.67%. The ex-dividend date is Friday, October 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) released its quarterly earnings data on Wednesday, October, 24th. The natural resource company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. The natural resource company earned $4.91 billion during the quarter, compared to analyst estimates of $4.50 billion. Freeport-McMoRan had a return on equity of 22.63% and a net margin of 15.80%. The business's revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 earnings per share. View Freeport-McMoRan's Earnings History.

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Freeport-McMoRan.

19 equities research analysts have issued 1-year price targets for Freeport-McMoRan's stock. Their predictions range from $12.00 to $24.00. On average, they anticipate Freeport-McMoRan's stock price to reach $16.7056 in the next year. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 3 sell ratings, 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Freeport-McMoRan.

Media headlines about FCX stock have trended very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Freeport-McMoRan earned a coverage optimism score of 3.2 on InfoTrie's scale. They also assigned press coverage about the natural resource company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Freeport-McMoRan saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 31,221,076 shares, an increase of 23.8% from the October 15th total of 25,228,898 shares. Based on an average daily trading volume, of 24,803,444 shares, the days-to-cover ratio is currently 1.3 days. Approximately 2.2% of the company's stock are sold short. View Freeport-McMoRan's Current Options Chain.

Some companies that are related to Freeport-McMoRan include Rio Tinto (RIO), Southern Copper (SCCO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), SOUTH32 Ltd/S (SOUHY), FORTESCUE METAL/S (FSUGY), First Quantum Minerals (FQVLF), Turquoise Hill Resources (TRQ), Compania de Minas Buenaventura SAA (BVN), Lundin Mining (LUNMF), Cleveland-Cliffs (CLF), VEDA RESO/PAR VTG FPD 0.1 (VDNRF), Nexa Resources (NEXA), Centamin (CELTF), Pretium Resources (PVG) and Hudbay Minerals (HBM).

Freeport-McMoRan's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.06%), Capital Research Global Investors (4.65%), Fisher Asset Management LLC (2.23%), Bank of New York Mellon Corp (1.71%), FMR LLC (1.12%) and Dimensional Fund Advisors LP (0.97%). 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 Capital Research Global Investors, FMR LLC, AQR Capital Management LLC, Pendal Group Ltd, Franklin Resources Inc., Point72 Asset Management L.P., Iridian Asset Management LLC CT and Bank of New York Mellon Corp. Company insiders that have sold Freeport-McMoRan company stock in the last year include C Donald Whitmire Jr and Courtney Mather. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, BlackRock Inc., Panagora Asset Management Inc., Renaissance Technologies LLC, Janus Henderson Group PLC, Ashler Capital LLC, State of New Jersey Common Pension Fund D and Robeco Institutional Asset Management B.V.. 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 $11.96.

Freeport-McMoRan has a market capitalization of $16.72 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.

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

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]