Freeport-McMoRan (FCX) Stock Forecast, Price & News

Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions

Is Freeport-McMoRan a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 2 sell ratings, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Freeport-McMoRan stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FCX, but not buy additional shares or sell existing shares.
View analyst ratings for Freeport-McMoRan or view top-rated stocks.

When is Freeport-McMoRan's next earnings date?

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Freeport-McMoRan.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc. (NYSE:FCX) issued its earnings results on Thursday, April, 21st. The natural resource company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.19. The natural resource company earned $6.60 billion during the quarter, compared to analyst estimates of $6.29 billion. Freeport-McMoRan had a net margin of 20.79% and a trailing twelve-month return on equity of 24.06%. The business's revenue was up 36.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 EPS.
View Freeport-McMoRan's earnings history.

How often does Freeport-McMoRan pay dividends? What is the dividend yield for Freeport-McMoRan?

Freeport-McMoRan announced a quarterly dividend on Wednesday, March 23rd. Shareholders of record on Thursday, April 14th will be paid a dividend of $0.15 per share on Monday, May 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Wednesday, April 13th.
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 0.78%. Freeport-McMoRan does not yet have a strong track record of dividend growth. The dividend payout ratio of Freeport-McMoRan is 8.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 9.84% 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?

14 brokerages have issued 12 month price objectives for Freeport-McMoRan's stock. Their forecasts range from $29.00 to $65.00. On average, they expect Freeport-McMoRan's share price to reach $47.31 in the next year. This suggests a possible upside of 19.3% 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:

• Mr. Richard C. Adkerson, Chairman & CEO (Age 75, Pay $6.13M)
• Ms. Kathleen Lynne Quirk, Pres (Age 58, Pay $3.1M) (LinkedIn Profile)
• Mr. Stephen T. Higgins, Sr. VP & Chief Admin. Officer
• Mr. Douglas N. Currault II, Sr. VP & Gen. Counsel
• Ms. Maree E. Robertson, CFO & Sr. VP (Age 46)
• Bertrand L. Odinet II, VP, Chief Information Officer & Chief Innovation Officer
• Mr. David Joint, VP of Investor Relations
• Mr. L. Richards McMillan II, Sr. VP & Gen. Counsel (Age 75)
• Pamela Q. Masson, VP & Chief HR Officer
• Mr. W. Russell King, Sr. VP of International Relations & Federal Gov. Affairs (Age 72)

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.

Who are some of Freeport-McMoRan's key competitors?

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

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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.01%), State Street Corp (4.59%), Capital Research Global Investors (4.51%), Fisher Asset Management LLC (3.49%), Northern Trust Corp (1.22%) 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, Hugh Grant, Kathleen L Quirk and Richard C Adkerson.
View institutional ownership trends for Freeport-McMoRan.

Which institutional investors are selling Freeport-McMoRan stock?

FCX stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, MUFG Securities EMEA plc, UBS Group AG, Phoenix Holdings Ltd., Invesco Ltd., Diamond Hill Capital Management Inc., Citigroup Inc., and Menora Mivtachim Holdings LTD.. 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.

Which institutional investors are buying Freeport-McMoRan stock?

FCX stock was acquired by a variety of institutional investors in the last quarter, including Eubel Brady & Suttman Asset Management Inc., 1832 Asset Management L.P., First Trust Advisors LP, Fisher Asset Management LLC, Vanguard Group Inc., Neuberger Berman Group LLC, Ardevora Asset Management LLP, and AGF Investments Inc..
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.
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What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $39.65.

How much money does Freeport-McMoRan make?

Freeport-McMoRan has a market capitalization of $57.46 billion and generates $22.85 billion in revenue each year. The natural resource company earns $4.31 billion in net income (profit) each year or $3.45 on an earnings per share basis.

How many employees does Freeport-McMoRan have?

Freeport-McMoRan employs 24,700 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.

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.