NYSE:FCXFreeport-McMoRan Stock Price, Forecast & News

Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FCX stock has increased by 59.7% and is now trading at $12.97. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Freeport-McMoRan.

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Freeport-McMoRan.

Freeport-McMoRan will be holding an earnings conference call on Thursday, July 23rd 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) released its quarterly earnings data on Friday, April, 24th. The natural resource company reported ($0.16) EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.02. The natural resource company earned $2.80 billion during the quarter, compared to analysts' expectations of $2.98 billion. Freeport-McMoRan had a negative return on equity of 1.55% and a negative net margin of 5.05%. The company's quarterly revenue was down 26.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.05 EPS. View Freeport-McMoRan's earnings history.

Freeport-McMoRan declared a quarterly dividend on Wednesday, December 18th. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.05 per share on Monday, February 3rd. This represents a $0.20 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Tuesday, January 14th. View Freeport-McMoRan's dividend history.

18 equities research analysts have issued 12 month target prices for Freeport-McMoRan's stock. Their forecasts range from $10.00 to $19.00. On average, they expect Freeport-McMoRan's stock price to reach $13.00 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View analysts' price targets for Freeport-McMoRan.

Media headlines about FCX stock have been trending somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Freeport-McMoRan earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news stories about the natural resource company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Freeport-McMoRan.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Freeport-McMoRan investors own include Bank of America (BAC), Micron Technology (MU), Apollo Commercial Real Est. Finance (ARI), General Electric (GE), Alibaba Group (BABA), Intel (INTC), AT&T (T), NVIDIA (NVDA), Cisco Systems (CSCO) and Puma Biotechnology (PBYI).

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

Freeport-McMoRan's stock is owned by a number of retail and institutional investors. Top institutional investors include PM CAPITAL Ltd (0.27%), Hexavest Inc. (0.25%), Envestnet Asset Management Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Foundation Resource Management Inc. (0.02%) and Arden Trust Co (0.01%). 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.

FCX stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Exane Derivatives, Foundation Resource Management Inc., Private Asset Management Inc., and Private Trust Co. NA. View insider buying and selling activity for Freeport-McMoRan.

FCX stock was purchased by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd, Envestnet Asset Management Inc., Windsor Group LTD, Arden Trust Co, and Legacy Capital Partners Inc.. 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.

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.

One share of FCX stock can currently be purchased for approximately $12.97.

Freeport-McMoRan has a market capitalization of $18.83 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.

The official website for Freeport-McMoRan is 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]