NYSE:FCX - Freeport-McMoRan Stock Price, News & Analysis

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

Freeport-McMoRan announced a quarterly dividend on Wednesday, June 26th. Shareholders of record on Monday, July 15th will be given a dividend of $0.05 per share on Thursday, August 1st. This represents a $0.20 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Friday, July 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) posted its earnings results on Wednesday, July, 24th. The natural resource company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. The natural resource company earned $3.55 billion during the quarter, compared to the consensus estimate of $3.54 billion. Freeport-McMoRan had a net margin of 4.11% and a return on equity of 4.08%. The firm's revenue was down 31.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS. View Freeport-McMoRan's Earnings History.

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Freeport-McMoRan.

12 brokerages have issued twelve-month target prices for Freeport-McMoRan's stock. Their predictions range from $12.00 to $16.00. On average, they anticipate Freeport-McMoRan's stock price to reach $13.7917 in the next twelve months. This suggests a possible upside of 51.6% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Freeport-McMoRan.

Media coverage about FCX stock has trended negative on Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Freeport-McMoRan earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media coverage about the natural resource company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Freeport-McMoRan.

Freeport-McMoRan saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 35,004,900 shares, a decline of 12.5% from the June 30th total of 39,989,900 shares. Based on an average daily trading volume, of 19,290,000 shares, the short-interest ratio is presently 1.8 days. Currently, 2.4% of the shares of the stock are short sold. View Freeport-McMoRan's Current Options Chain.

Some companies that are related to Freeport-McMoRan include GMK Noril'skiy nikel' PAO (GDR) (NILSY), Southern Copper (SCCO), Anglo American (NGLOY), FORTESCUE METAL/S (FSUGY), SOUTH32 LTD/S (SOUHY), First Quantum Minerals (FQVLF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), IMPALA PLATINUM/S (IMPUY), Lundin Mining (LUNMF), Pretium Resources (PVG), Cleveland-Cliffs (CLF), Centamin (CELTF), Nexa Resources (NEXA) and Turquoise Hill Resources (TRQ).

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

Freeport-McMoRan's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.59%), BlackRock Inc. (6.95%), Fisher Asset Management LLC (2.03%), Northern Trust Corp (1.45%), Bank of New York Mellon Corp (1.36%) and Price T Rowe Associates Inc. MD (0.83%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Courtney Mather, Harry M Iv Conger, 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 Fisher Asset Management LLC, BlackRock Inc., Panagora Asset Management Inc., Bank of New York Mellon Corp, Putnam Investments LLC, Allianz Asset Management GmbH, Janus Henderson Group PLC and Janus Henderson Group PLC. Company insiders that have sold Freeport-McMoRan company stock in the last year include C Donald Whitmire Jr, Courtney Mather and Harry M Iv Conger. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Polaris Greystone Financial Group LLC, Delek Group Ltd., PM CAPITAL Ltd, Cibc World Markets Corp, Price T Rowe Associates Inc. MD, Evolution Wealth Advisors LLC and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have bought Freeport-McMoRan stock in the last two years include Harry M Iv Conger, Kathleen L Quirk and Richard C Adkerson. 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 $9.10.

Freeport-McMoRan has a market capitalization of $13.20 billion and generates $18.63 billion in revenue each year. The natural resource company earns $2.60 billion in net income (profit) each year or $1.52 on an earnings per share basis. Freeport-McMoRan employs 26,800 workers across the globe.View Additional Information About Freeport-McMoRan.

The official website for Freeport-McMoRan is http://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]