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

$10.40
-0.07 (-0.67 %)
(As of 09/23/2019 11:32 AM ET)
Today's Range
$10.20
Now: $10.40
$10.5350
50-Day Range
$8.79
MA: $9.65
$10.86
52-Week Range
$8.58
Now: $10.40
$14.90
Volume7.03 million shs
Average Volume19.50 million shs
Market Capitalization$15.09 billion
P/E Ratio6.84
Dividend Yield1.91%
Beta2.42
Freeport-McMoRan, Inc engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. Read More…

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$18.63 billion
Cash Flow$2.7225 per share
Book Value$12.35 per share

Profitability

Net Income$2.60 billion

Miscellaneous

Employees26,800
Outstanding Shares1,450,890,000
Market Cap$15.09 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Wednesday, June 26th. Stockholders of record on Monday, July 15th will be given a dividend of $0.05 per share on Thursday, August 1st. This represents a $0.20 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Friday, July 12th. View Freeport-McMoRan's Dividend History.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc (NYSE:FCX) posted its earnings results on Wednesday, July, 24th. The natural resource company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. The natural resource company had revenue of $3.55 billion for the quarter, compared to analysts' expectations of $3.54 billion. Freeport-McMoRan had a net margin of 4.11% and a return on equity of 4.08%. Freeport-McMoRan's quarterly revenue was down 31.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 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 Wednesday, October 23rd 2019. View Earnings Estimates for Freeport-McMoRan.

What price target have analysts set for FCX?

13 analysts have issued 1 year price targets for Freeport-McMoRan's stock. Their predictions range from $12.00 to $16.00. On average, they anticipate Freeport-McMoRan's stock price to reach $13.6818 in the next year. This suggests a possible upside of 31.7% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 8 hold ratings and 5 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?

Media headlines about FCX stock have been trending somewhat negative on Monday, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring 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 daily sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the natural resource company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Freeport-McMoRan.

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a decline in short interest during the month of August. As of August 15th, there was short interest totalling 35,004,900 shares, a decline of 12.5% from the July 15th total of 39,989,900 shares. Based on an average trading volume of 19,290,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.4% of the shares of the stock are short sold. View Freeport-McMoRan's Current Options Chain.

Who are some of Freeport-McMoRan's key 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 Apollo Commercial Real Est. Finance (ARI), Micron Technology (MU), Bank of America (BAC), General Electric (GE), Puma Biotechnology (PBYI), Intel (INTC), AT&T (T), Alibaba Group (BABA), BioMarin Pharmaceutical (BMRN) and Incyte (INCY).

Who are Freeport-McMoRan's key executives?

Freeport-McMoRan's management team includes the folowing people:
  • Richard C. Adkerson, Vice Chairman, President & Chief Executive Officer
  • Harry Milton Conger, President & Chief Operating Officer-Americas
  • Kathleen L. Quirk, Chief Financial Officer, Treasurer & Executive VP
  • C. Donald Whitmire, Vice President & Controller-Financial Reporting
  • David P. Joint, Director-Investor Relations

Who are Freeport-McMoRan's major shareholders?

Freeport-McMoRan's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.59%), BlackRock Inc. (6.95%), BlackRock Inc. (6.95%), Fisher Asset Management LLC (2.03%), Northern Trust Corp (1.45%) and Bank of New York Mellon Corp (1.36%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Courtney Mather, Harry M Iv Conger, 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 Fisher Asset Management LLC, BlackRock Inc., BlackRock Inc., Panagora Asset Management Inc., Bank of New York Mellon Corp, Putnam Investments LLC, Allianz Asset Management GmbH and Janus Henderson Group PLC. Company insiders that have sold Freeport-McMoRan company stock in the last year include C Donald Whitmire Jr, Courtney Mather and Harry M Iv Conger. View Insider Buying and Selling for Freeport-McMoRan.

Which institutional investors are buying Freeport-McMoRan stock?

FCX stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Polaris Greystone Financial Group LLC, Delek Group Ltd., PM CAPITAL Ltd, Cibc World Markets Corp, Price T Rowe Associates Inc. MD, Evolution Wealth Advisors LLC and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have bought Freeport-McMoRan stock in the last two years include Kathleen L Quirk and Richard C Adkerson. 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, Robinhood, Fidelity and Charles Schwab.

What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $10.39.

How big of a company is Freeport-McMoRan?

Freeport-McMoRan has a market capitalization of $15.07 billion and generates $18.63 billion in revenue each year. The natural resource company earns $2.60 billion in net income (profit) each year or $1.52 on an earnings per share basis. Freeport-McMoRan employs 26,800 workers across the globe.View Additional Information About Freeport-McMoRan.

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:  953 (Vote Outperform)
Underperform Votes:  879 (Vote Underperform)
Total Votes:  1,832
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 9/23/2019 by MarketBeat.com Staff

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