NYSE:FCX - Freeport-McMoRan Stock Price, Price Target & More

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

Freeport-McMoRan declared a quarterly dividend on Wednesday, March 28th. Shareholders of record on Friday, April 13th will be paid a dividend of $0.05 per share on Tuesday, May 1st. This represents a $0.20 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, April 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan (NYSE:FCX) released its quarterly earnings results on Tuesday, April, 24th. The natural resource company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.56 by $0.10. The natural resource company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.92 billion. Freeport-McMoRan had a return on equity of 19.92% and a net margin of 12.72%. The firm's revenue for the quarter was up 45.7% on a year-over-year basis. During the same quarter last year, the company earned $0.15 earnings per share. View Freeport-McMoRan's Earnings History.

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Freeport-McMoRan.

19 Wall Street analysts have issued twelve-month price objectives for Freeport-McMoRan's stock. Their forecasts range from $10.40 to $25.00. On average, they expect Freeport-McMoRan's stock price to reach $17.6611 in the next year. View Analyst Ratings for Freeport-McMoRan.

Freeport-McMoRan saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 34,070,479 shares, an increase of 23.9% from the April 13th total of 27,508,635 shares. Based on an average daily volume of 25,005,495 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.4% of the shares of the company are sold short.

Some companies that are related to Freeport-McMoRan include BHP Billiton (BHP), Rio Tinto plc ADR Common Stock (RIO), Vale (VALE), Southern Copper (SCCO), Nornickel (NILSY), South32 (SOUHY), First Quantum Minerals (FQVLF), Fortescue Metals Group (FSUGY), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), Compańia de Minas Buenaventura (BVN), Vedanta Resources (VDNRF), Cleveland-Cliffs (CLF), Centamin (CELTF) and Nexa Resources (NEXA).

News articles about FCX stock have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Freeport-McMoRan earned a media sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the natural resource company an impact score of 46.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Freeport-McMoRan's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Icahn Carl C (3.46%), Northern Trust Corp (1.28%), Dimensional Fund Advisors LP (0.95%), Prudential Financial Inc. (0.82%), Sound Shore Management Inc. CT (0.52%) and Letko Brosseau & Associates Inc. (0.50%). 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.

FCX stock was sold by a variety of institutional investors in the last quarter, including Icahn Carl C, State of New Jersey Common Pension Fund D, Pendal Group Ltd, The Manufacturers Life Insurance Company , Franklin Resources Inc., Manning & Napier Group LLC, Quadrature Capital Ltd and Letko Brosseau & Associates Inc.. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Point72 Asset Management L.P., Mackay Shields LLC, Capital Growth Management LP, Sound Shore Management Inc. CT, Natixis, Inverness Counsel LLC NY and Eaton Vance Management. Company insiders that have bought Freeport-McMoRan stock in the last two years include Courtney Mather and Harry M Iv Conger. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of FCX stock can currently be purchased for approximately $16.69.

Freeport-McMoRan has a market capitalization of $24.44 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.

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]