NYSE:FCX

Freeport-McMoRan Stock Forecast, Price & News

$38.14
+0.31 (+0.82 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$37.44
Now: $38.14
$38.46
50-Day Range
$31.11
MA: $34.50
$37.83
52-Week Range
$7.30
Now: $38.14
$39.10
Volume19.01 million shs
Average Volume24.24 million shs
Market Capitalization$55.63 billion
P/E RatioN/A
Dividend Yield0.79%
Beta2.27
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. 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 in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2020, it operated approximately 165 wells. 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 incorporated in 1987 and is headquartered in Phoenix, Arizona.
Freeport-McMoRan logo

Industry, Sector and Symbol

Industry Metal mining
Sub-IndustryDiversified Metals & Mining
CUSIP35671D85
Phone602-366-8100
Employees24,500
Year Founded1987

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.40 billion
Cash Flow$1.25 per share
Book Value$12.05 per share

Profitability

Net Income$-239,000,000.00

Miscellaneous

Outstanding Shares1,458,480,000
Market Cap$55.63 billion
Next Earnings Date4/22/2021 (Confirmed)
OptionableOptionable

Headlines

3 Volatile Stocks Worth the Risk (FCX)
March 23, 2021 |  marketbeat.com
Freeport McMoRan Has Big Week - Yahoo Finance
April 16, 2021 |  finance.yahoo.com
Freeport McMoRan Has Big Week
April 16, 2021 |  finance.yahoo.com
FCX Freeport-McMoRan Give Early Entry - Yahoo Finance
April 15, 2021 |  finance.yahoo.com
4 Stocks to Watch as Copper Trends Above $4 Per Pound
April 15, 2021 |  finance.yahoo.com
Freeport-McMoRan Give Early Entry - Yahoo Finance
April 14, 2021 |  finance.yahoo.com
Freeport-McMoRan (NYSE:FCX) Trading Up 6.5%
April 14, 2021 |  americanbankingnews.com
10 Best Cobalt Stocks To Buy For 2021
April 10, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.68 out of 5 stars

Basic Materials Sector

126th out of 850 stocks

Metal Mining Industry

9th out of 89 stocks

Analyst Opinion: 1.4Community Rank: 2.6Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$38.14
+0.31 (+0.82 %)
(As of 04/16/2021 12:00 AM ET)
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Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions

Is Freeport-McMoRan a buy right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Freeport-McMoRan stock.
View analyst ratings for Freeport-McMoRan
or view top-rated stocks.

What stocks does MarketBeat like better than Freeport-McMoRan?

Wall Street analysts have given Freeport-McMoRan a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Freeport-McMoRan wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a decline in short interest in March. As of March 31st, there was short interest totaling 19,400,000 shares, a decline of 25.9% from the March 15th total of 26,170,000 shares. Based on an average trading volume of 23,920,000 shares, the days-to-cover ratio is currently 0.8 days.
View Freeport-McMoRan's Short Interest
.

When is Freeport-McMoRan's next earnings date?

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Freeport-McMoRan
.

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

Freeport-McMoRan will be holding an earnings conference call on Thursday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc. (NYSE:FCX) announced its earnings results on Monday, January, 25th. The natural resource company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The natural resource company earned $4.50 billion during the quarter, compared to analysts' expectations of $4.33 billion. Freeport-McMoRan had a negative net margin of 0.73% and a positive trailing twelve-month return on equity of 1.56%. Freeport-McMoRan's quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.02 EPS.
View Freeport-McMoRan's earnings history
.

How has Freeport-McMoRan's stock been impacted by Coronavirus?

Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FCX shares have increased by 369.7% and is now trading at $38.14.
View which stocks have been most impacted by COVID-19
.

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

Freeport-McMoRan declared a quarterly dividend on Friday, March 19th. Stockholders of record on Thursday, April 15th will be paid a dividend of $0.075 per share on Monday, May 3rd. This represents a $0.30 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, April 14th. This is an increase from Freeport-McMoRan's previous quarterly dividend of $0.05.
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 0.79%. Freeport-McMoRan does not yet have a strock track record of dividend growth. The dividend payout ratio of Freeport-McMoRan is 1,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 14.78% 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?

17 Wall Street analysts have issued 1 year price targets for Freeport-McMoRan's shares. Their forecasts range from $12.00 to $42.00. On average, they anticipate Freeport-McMoRan's share price to reach $24.80 in the next year. This suggests that the stock has a possible downside of 35.0%.
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 74, Pay $4.85M) (LinkedIn Profile)
  • Ms. Kathleen Lynne Quirk, Pres & CFO (Age 57, Pay $2.32M)
  • Mr. Stephen T. Higgins, Sr. VP & Chief Admin. Officer
  • Mr. L. Richards McMillan II, Sr. VP & Gen. Counsel (Age 74) (LinkedIn Profile)
  • Mr. W. Russell King, Sr. VP of International Relations & Federal Gov. Affairs (Age 71)
  • Mr. Lynne M. Cooney, VP & Assistant to the Chairman
  • Mr. Joshua Frederick Olmsted, Pres & COO of Americas (Age 51) (LinkedIn Profile)
  • Mr. Mark J. Johnson, Pres of Freeport-McMoRan Indonesia (Age 62) (LinkedIn Profile)
  • Mr. Dean T. Falgoust, Pres of FMS & VP of FCX (Age 63)
  • Mr. C. Donald Whitmire Jr., VP & Controller of Financial Reporting

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?

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 many different institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.18%), Retirement Systems of Alabama (0.04%), Royal London Asset Management Ltd. (0.04%), State of Alaska Department of Revenue (0.02%), Hexavest Inc. (0.02%) and Parkside Investments LLC (0.02%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Gerald J Ford, Harry M Iv Conger, John Joseph Stephens, Kathleen L Quirk and Richard C Adkerson.
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 TSP Capital Management Group LLC, Hexavest Inc., Parkside Investments LLC, Retirement Systems of Alabama, First Citizens Bank & Trust Co., Thompson Investment Management Inc., State of Alaska Department of Revenue, and Pacer Advisors Inc.. 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 major investors are buying Freeport-McMoRan stock?

FCX stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Asset Advisors Investment Management LLC, Salem Capital Management Inc., Farmers Trust Co., Anderson Hoagland & Co., Moulton Wealth Management Inc., Lake Street Financial LLC, and Systematic Alpha Investments LLC. 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
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.
Compare Top Brokerages Here.

What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $38.14.

How much money does Freeport-McMoRan make?

Freeport-McMoRan has a market capitalization of $55.63 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.

How many employees does Freeport-McMoRan have?

Freeport-McMoRan employs 24,500 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.

Where are Freeport-McMoRan's headquarters?

Freeport-McMoRan is headquartered at 333 NORTH CENTRAL AVENUE, PHOENIX AZ, 85004.

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]


This page was last updated on 4/19/2021 by MarketBeat.com Staff
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