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

Sign in or create an account to add this stock to your watchlist.
$12.13 +0.24 (+2.02 %)
(As of 01/18/2019 01:04 AM ET)
Previous Close$11.89
Today's Range$11.86 - $12.22
52-Week Range$9.60 - $20.25
Volume23.11 million shs
Average Volume21.23 million shs
Market Capitalization$16.77 billion
P/E Ratio10.37
Dividend Yield1.74%
Beta2.26
Freeport-McMoRan Inc. engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde and El Abra mines in South America. It also operates a portfolio of oil and gas assets comprising oil and natural gas production onshore in South Louisiana; and on the Gulf of Mexico shelf and oil production offshore California. As of December 31, 2017, the company's estimated consolidated recoverable proven and probable mineral reserves totaled 86.7 billion pounds of copper, 23.5 million ounces of gold, and 2.84 billion pounds of molybdenum, as well as estimated proved developed oil and natural gas reserves totaled 10.1 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.

Receive FCX News and Ratings via Email

Sign-up to receive the latest news and ratings for FCX and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Metal mining
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
CUSIP35671D85
Phone602-366-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.40 billion
Cash Flow$2.4806 per share
Book Value$7.82 per share

Profitability

Net Income$1.82 billion

Miscellaneous

Employees25,200
Outstanding Shares1,449,030,000
Market Cap$16.77 billion
OptionableOptionable

Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions

What is Freeport-McMoRan's stock symbol?

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

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

Freeport-McMoRan declared a quarterly dividend on Wednesday, December 19th. Shareholders of record on Tuesday, January 15th will be paid a dividend of $0.05 per share on Friday, February 1st. This represents a $0.20 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Monday, January 14th. View Freeport-McMoRan's Dividend History.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc (NYSE:FCX) posted 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 had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.50 billion. Freeport-McMoRan had a return on equity of 22.63% and a net margin of 15.80%. The firm's revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 EPS. View Freeport-McMoRan's Earnings History.

When is Freeport-McMoRan's next earnings date?

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

How can I listen to Freeport-McMoRan's earnings call?

Freeport-McMoRan will be holding an earnings conference call on Thursday, January 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for FCX?

20 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 expect Freeport-McMoRan's stock price to reach $16.4579 in the next twelve months. This suggests a possible upside of 35.7% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

What is the consensus analysts' recommendation for Freeport-McMoRan?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 3 sell ratings, 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Freeport-McMoRan.

Has Freeport-McMoRan been receiving favorable news coverage?

News headlines about FCX stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Freeport-McMoRan earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the natural resource company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 27,277,526 shares, a drop of 9.0% from the December 14th total of 29,969,797 shares. Based on an average trading volume of 21,287,632 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.9% of the company's stock are sold short. View Freeport-McMoRan's Current Options Chain.

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

Who are Freeport-McMoRan's key executives?

Freeport-McMoRan's management team includes the folowing people:
  • Mr. Richard C. Adkerson, Vice Chairman, Pres & CEO (Age 72)
  • Ms. Kathleen L. Quirk, Exec. VP, CFO & Treasurer (Age 55)
  • Mr. Michael J. Arnold, Exec. VP & Chief Admin. Officer (Age 66)
  • Mr. Harry Milton Conger IV, Pres & COO of Americas (Age 63)
  • Mr. James R. Moffett Jr., Chairman Emeritus, Consultant & Member of Advisory Board (Age 81)

Who are Freeport-McMoRan's major shareholders?

Freeport-McMoRan's stock is owned by many different of institutional and retail investors. Top institutional shareholders include PM CAPITAL Ltd (0.04%), PM CAPITAL Ltd (0.04%), Nisa Investment Advisors LLC (0.03%), Gulf International Bank UK Ltd (0.02%), Foundation Resource Management Inc. (0.02%) and BLB&B Advisors LLC (0.02%). 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.

Which major investors are selling Freeport-McMoRan stock?

FCX stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Oakbrook Investments LLC, Meeder Asset Management Inc., Private Asset Management Inc., State of Alaska Department of Revenue, Foundation Resource Management Inc., McQueen Ball & Associates Inc. and Vanguard Capital Wealth Advisors. 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.

Which major investors are buying Freeport-McMoRan stock?

FCX stock was bought by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd, PM CAPITAL Ltd, Cumberland Advisors Inc., Virtu Financial LLC, Nisa Investment Advisors LLC, Mackey Komara & Dankovich LLC, QUANTRES ASSET MANAGEMENT Ltd and Gateway Investment Advisers LLC. View Insider Buying and Selling for Freeport-McMoRan.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $12.13.

How big of a company is Freeport-McMoRan?

Freeport-McMoRan has a market capitalization of $16.77 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.

What is Freeport-McMoRan's official website?

The official website for Freeport-McMoRan is http://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 or via email at [email protected]


MarketBeat Community Rating for Freeport-McMoRan (NYSE FCX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  896 (Vote Outperform)
Underperform Votes:  818 (Vote Underperform)
Total Votes:  1,714
MarketBeat's community ratings are surveys of what our community members think about Freeport-McMoRan and other stocks. Vote "Outperform" if you believe FCX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FCX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/18/2019 by MarketBeat.com Staff

Featured Article: Fiduciary

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel