Freeport-McMoRan Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Freeport-McMoRan stock.
View analyst ratings for Freeport-McMoRan or view top-rated stocks.

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Freeport-McMoRan saw a decline in short interest in March. As of March 31st, there was short interest totaling 19,400,000 shares, a decline of 25.9% from the March 15th total of 26,170,000 shares. Based on an average trading volume of 23,920,000 shares, the days-to-cover ratio is currently 0.8 days.
View Freeport-McMoRan's Short Interest.

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Freeport-McMoRan.

Freeport-McMoRan will be holding an earnings conference call on Thursday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Freeport-McMoRan Inc. (NYSE:FCX) announced its earnings results on Monday, January, 25th. The natural resource company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The natural resource company earned $4.50 billion during the quarter, compared to analysts' expectations of $4.33 billion. Freeport-McMoRan had a negative net margin of 0.73% and a positive trailing twelve-month return on equity of 1.56%. Freeport-McMoRan's quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.02 EPS.
View Freeport-McMoRan's earnings history.

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 369.7% and is now trading at $38.14.
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Freeport-McMoRan declared a quarterly dividend on Friday, March 19th. Stockholders of record on Thursday, April 15th will be paid a dividend of $0.075 per share on Monday, May 3rd. This represents a $0.30 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, April 14th. This is an increase from Freeport-McMoRan's previous quarterly dividend of $0.05.
View Freeport-McMoRan's dividend history.

Freeport-McMoRan pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.79%. Freeport-McMoRan does not yet have a strock track record of dividend growth. The dividend payout ratio of Freeport-McMoRan is 1,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 14.78% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend.
View Freeport-McMoRan's dividend history.

17 Wall Street analysts have issued 1 year price targets for Freeport-McMoRan's shares. Their forecasts range from $12.00 to $42.00. On average, they anticipate Freeport-McMoRan's share price to reach $24.80 in the next year. This suggests that the stock has a possible downside of 35.0%.
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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.

Some companies that are related to Freeport-McMoRan include Southern Copper (SCCO), Compass Minerals International (CMP), Materion (MTRN), U.S. Silica (SLCA), Ferroglobe (GSM), SunCoke Energy (SXC), United States Antimony (UAMY), General Moly (GMO) and (RVM) (RVM).
View all of FCX's competitors.

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).

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

Freeport-McMoRan's stock is owned by many different institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.18%), Retirement Systems of Alabama (0.04%), Royal London Asset Management Ltd. (0.04%), State of Alaska Department of Revenue (0.02%), Hexavest Inc. (0.02%) and Parkside Investments LLC (0.02%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Gerald J Ford, Harry M Iv Conger, John Joseph Stephens, Kathleen L Quirk and Richard C Adkerson.
View institutional ownership trends for Freeport-McMoRan.

FCX stock was sold by a variety of institutional investors in the last quarter, including TSP Capital Management Group LLC, Hexavest Inc., Parkside Investments LLC, Retirement Systems of Alabama, First Citizens Bank & Trust Co., Thompson Investment Management Inc., State of Alaska Department of Revenue, and Pacer Advisors Inc.. Company insiders that have sold Freeport-McMoRan company stock in the last year include C Donald Whitmire Jr, Gerald J Ford, Kathleen L Quirk, and Richard C Adkerson.
View insider buying and selling activity for Freeport-McMoRan or view top insider-selling stocks.

FCX stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Asset Advisors Investment Management LLC, Salem Capital Management Inc., Farmers Trust Co., Anderson Hoagland & Co., Moulton Wealth Management Inc., Lake Street Financial LLC, and Systematic Alpha Investments LLC. 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 or or view top insider-buying stocks.

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.
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One share of FCX stock can currently be purchased for approximately $38.14.

Freeport-McMoRan has a market capitalization of $55.63 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 24,500 workers across the globe.

Freeport-McMoRan was founded in 1987.

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

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

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]