NYSE:FCXFreeport-McMoRan Stock Price, Forecast & News

Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FCX stock has increased by 57.9% and is now trading at $12.82. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Freeport-McMoRan.

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Freeport-McMoRan.

Freeport-McMoRan Inc (NYSE:FCX) released its quarterly earnings results on Friday, April, 24th. The natural resource company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.02. The natural resource company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.98 billion. Freeport-McMoRan had a negative net margin of 5.05% and a negative return on equity of 1.55%. The company's revenue was down 26.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.05 EPS. View Freeport-McMoRan's earnings history.

Freeport-McMoRan announced a quarterly dividend on Wednesday, December 18th. Investors of record on Wednesday, January 15th will be paid a dividend of $0.05 per share on Monday, February 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Tuesday, January 14th. View Freeport-McMoRan's dividend history.

18 Wall Street analysts have issued 12 month price targets for Freeport-McMoRan's shares. Their forecasts range from $10.00 to $19.00. On average, they expect Freeport-McMoRan's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View analysts' price targets for Freeport-McMoRan.

News coverage about FCX stock has been trending negative on Thursday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Freeport-McMoRan earned a news impact score of -2.1 on InfoTrie's scale. They also gave media coverage about the natural resource company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Freeport-McMoRan.

Some companies that are related to Freeport-McMoRan include Southern Copper (SCCO), Compass Minerals International (CMP), Materion (MTRN), U.S. Silica (SLCA), SunCoke Energy (SXC), Ferroglobe (GSM), General Moly (GMO), United States Antimony (UAMY) and Revett Mining Company, Inc. (DE) (RVM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Freeport-McMoRan investors own include Bank of America (BAC), Micron Technology (MU), Apollo Commercial Real Est. Finance (ARI), General Electric (GE), Alibaba Group (BABA), Intel (INTC), AT&T (T), NVIDIA (NVDA), Cisco Systems (CSCO) and Puma Biotechnology (PBYI).

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

Freeport-McMoRan's stock is owned by many different institutional and retail investors. Top institutional investors include PM CAPITAL Ltd (0.27%), Envestnet Asset Management Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Foundation Resource Management Inc. (0.02%), Private Asset Management Inc. (0.00%) and Legacy Capital Partners Inc. (0.00%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Courtney Mather, Harry M Iv Conger, John Joseph Stephens, Kathleen L Quirk and Richard C Adkerson. View institutional ownership trends for Freeport-McMoRan.

FCX stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Foundation Resource Management Inc., Private Asset Management Inc., and Private Trust Co. NA. View insider buying and selling activity for Freeport-McMoRan.

FCX stock was bought by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd, Envestnet Asset Management Inc., Windsor Group LTD, and Legacy Capital Partners Inc.. 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.

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.

One share of FCX stock can currently be purchased for approximately $12.82.

Freeport-McMoRan has a market capitalization of $18.61 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. Freeport-McMoRan employs 27,500 workers across the globe.

The official website for Freeport-McMoRan is www.fcx.com.

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]