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 announced 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 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, April 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) released its quarterly earnings results on Tuesday, April, 24th. The natural resource company reported $0.46 earnings per share for the quarter, missing the Zacks' 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 net margin of 12.72% and a return on equity of 19.92%. The business's revenue for the quarter was up 45.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 EPS. 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.

20 brokerages have issued twelve-month price targets for Freeport-McMoRan's shares. Their forecasts range from $12.00 to $25.00. On average, they expect Freeport-McMoRan's stock price to reach $18.0278 in the next year. View Analyst Ratings for Freeport-McMoRan.

Freeport-McMoRan saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 23,486,112 shares, a drop of 11.7% from the May 15th total of 26,603,535 shares. Based on an average trading volume of 16,087,203 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.6% of the shares of the company are short sold. View Freeport-McMoRan's Current Options Chain.

Some companies that are related to Freeport-McMoRan include BHP Billiton (BHP), Rio Tinto plc ADR Common Stock (RIO), Vale (VALE), Southern Copper (SCCO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), SOUTH32 Ltd/S (SOUHY), FORTESCUE METAL/S (FSUGY), First Quantum Minerals (FQVLF), Turquoise Hill Resources (TRQ), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), Cleveland-Cliffs (CLF), Vedanta Resources (VDNRF), Centamin (CELTF) and Nexa Resources (NEXA).

Media stories about FCX stock have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Freeport-McMoRan earned a coverage optimism score of 0.15 on Accern's scale. They also assigned news headlines about the natural resource company an impact score of 46.21 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Freeport-McMoRan's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 bought 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 $16.44.

Freeport-McMoRan has a market capitalization of $23.82 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]