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

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$11.57 +0.02 (+0.17 %)
(As of 01/16/2019 06:51 AM ET)
Previous Close$11.55
Today's Range$11.44 - $11.97
52-Week Range$9.60 - $20.25
Volume26.10 million shs
Average Volume18.99 million shs
Market Capitalization$16.74 billion
P/E Ratio9.89
Dividend Yield1.73%
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.

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Industry, Sector and Symbol

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

Debt

Current Ratio2.84
Quick Ratio1.78

Price-To-Earnings

Sales & Book Value

Annual Sales$16.40 billion
Price / Sales1.02
Cash Flow$2.3709 per share
Price / Cash Flow4.88
Book Value$7.82 per share
Price / Book1.48

Profitability

Net Income$1.82 billion
Net Margins15.80%
Return on Assets7.53%

Miscellaneous

Employees25,200
Outstanding Shares1,449,030,000
Market Cap$16.74 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 given a dividend of $0.05 per share on Friday, February 1st. This represents a $0.20 annualized dividend and a yield of 1.73%. 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) issued its earnings results on Wednesday, October, 24th. The natural resource company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.02. The natural resource company earned $4.91 billion during the quarter, compared to the consensus estimate of $4.50 billion. Freeport-McMoRan had a net margin of 15.80% and a return on equity of 22.63%. The firm's revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 earnings per share. 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.

What price target have analysts set for FCX?

20 equities research analysts have issued 1-year price targets for Freeport-McMoRan's shares. 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 year. This suggests a possible upside of 42.2% 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 articles about FCX stock have been trending very negative on Wednesday, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Freeport-McMoRan earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the natural resource company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 27,277,526 shares, a decrease of 9.0% from the December 14th total of 29,969,797 shares. Based on an average daily trading volume, of 21,287,632 shares, the short-interest ratio is currently 1.3 days. Currently, 1.9% of the shares of the company 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%), Gulf International Bank UK Ltd (0.02%), State of Alaska Department of Revenue (0.02%), Private Asset Management Inc. (0.01%), McQueen Ball & Associates Inc. (0.01%) and Hennessy Advisors Inc. (0.01%). 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, Private Asset Management Inc., State of Alaska Department of Revenue, McQueen Ball & Associates Inc., Louisiana State Employees Retirement System, Hennessy Advisors Inc., Grassi Investment Management and Park National Corp OH. 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, Cumberland Advisors Inc., Mackey Komara & Dankovich LLC, QUANTRES ASSET MANAGEMENT Ltd, Gateway Investment Advisers LLC, Steward Partners Investment Advisory LLC, G&S Capital LLC and Moody National Bank Trust Division. 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 $11.57.

How big of a company is Freeport-McMoRan?

Freeport-McMoRan has a market capitalization of $16.74 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:  895 (Vote Outperform)
Underperform Votes:  818 (Vote Underperform)
Total Votes:  1,713
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 1/16/2019 by MarketBeat.com Staff

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