Freeport-McMoRan Stock Forecast, Price & News

Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions

Is Freeport-McMoRan a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Freeport-McMoRan stock.
View analyst ratings for Freeport-McMoRan or view top-rated stocks.

How has Freeport-McMoRan's stock price 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 (WHO). Since then, FCX shares have increased by 404.8% and is now trading at $40.99.
View which stocks have been most impacted by COVID-19.

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a increase in short interest in December. As of December 31st, there was short interest totaling 31,440,000 shares, an increase of 16.0% from the December 15th total of 27,100,000 shares. Based on an average daily volume of 17,640,000 shares, the short-interest ratio is currently 1.8 days. Currently, 2.2% of the shares of the stock are sold short.
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 Wednesday, January 26th 2022.
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 Wednesday, January 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc. (NYSE:FCX) posted its quarterly earnings data on Wednesday, October, 20th. The natural resource company reported $0.89 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.81 by $0.08. The natural resource company earned $6.08 billion during the quarter, compared to analysts' expectations of $6.22 billion. Freeport-McMoRan had a net margin of 18.45% and a trailing twelve-month return on equity of 18.51%. The firm's revenue for the quarter was up 58.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 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, December 22nd. Shareholders of record on Friday, January 14th will be given a dividend of $0.15 per share on Tuesday, February 1st. This represents a $0.60 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Thursday, January 13th. This is an increase from Freeport-McMoRan's previous quarterly dividend of $0.08.
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 0.69%. Freeport-McMoRan has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Freeport-McMoRan is 11.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 7.21% 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 analysts have issued 12 month price targets for Freeport-McMoRan's shares. Their forecasts range from $29.00 to $60.00. On average, they anticipate Freeport-McMoRan's share price to reach $41.50 in the next year. This suggests a possible upside of 1.2% 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:

• Richard C. Adkerson, Chairman & Chief Executive Officer
• Kathleen L. Quirk, President & Chief Financial Officer
• Bertrand L. Odinet, Chief Information, Innovation Officer & VP
• Stephen T. Higgins, Chief Administrative Officer & Senior VP
• William E. Cobb, Chief Sustainability Officer & Senior VP

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), Compass Minerals International (CMP), Materion (MTRN), 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 Scout Investments Inc. (0.15%), Villere ST Denis J & Co. LLC (0.14%), Russell Investments Group Ltd. (0.14%), Pendal Group Ltd (0.05%), Cutler Group LP (0.00%) and Retirement Systems of Alabama (0.03%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Gerald J Ford, Gerald J Ford, John Joseph Stephens, 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 Gateway Investment Advisers LLC, Royal London Asset Management Ltd., Pendal Group Ltd, Parallel Advisors LLC, M&G Investment Management Ltd., BLB&B Advisors LLC, Boenning & Scattergood Inc., and Symmetry Partners LLC. Company insiders that have sold Freeport-McMoRan company stock in the last year include C Donald Whitmire Jr, Gerald J Ford, 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 purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Russell Investments Group Ltd., Cutler Group LP, Foundation Resource Management Inc., AE Wealth Management LLC, Foster Victor Wealth Advisors LLC, Villere ST Denis J & Co. LLC, and Carnegie Capital Asset Management LLC.
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 $40.99.

How much money does Freeport-McMoRan make?

Freeport-McMoRan has a market capitalization of $60.19 billion and generates $14.20 billion in revenue each year. The natural resource company earns $599 million in net income (profit) each year or $2.63 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, via email at [email protected], or via fax at 504-582-1847.