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, June 27th. Investors of record on Friday, July 13th will be given a dividend of $0.05 per share on Wednesday, August 1st. This represents a $0.20 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Thursday, July 12th. View Freeport-McMoRan's Dividend History.

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

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Freeport-McMoRan.

20 brokers have issued 1-year price objectives for Freeport-McMoRan's shares. Their predictions range from $12.00 to $25.00. On average, they anticipate Freeport-McMoRan's share price to reach $18.0833 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Ratings for Freeport-McMoRan.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 3 sell ratings, 9 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Freeport-McMoRan saw a drop in short interest during the month of June. As of June 15th, there was short interest totalling 18,943,683 shares, a drop of 19.3% from the May 31st total of 23,486,112 shares. Based on an average daily trading volume, of 13,907,109 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.3% of the company's stock 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), Vedanta Resources (VDNRF), Cleveland-Cliffs (CLF), Centamin (CELTF) and Nexa Resources (NEXA).

News articles about FCX stock have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Freeport-McMoRan earned a news sentiment score of 0.20 on Accern's scale. They also assigned news headlines about the natural resource company an impact score of 45.88 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Freeport-McMoRan's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (1.00%), Pendal Group Ltd (0.44%), Manning & Napier Group LLC (0.13%), Retirement Systems of Alabama (0.06%), Westpac Banking Corp (0.05%) and Nisa Investment Advisors LLC (0.03%). 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 Assenagon Asset Management S.A., Highland Capital Management LLC, Pendal Group Ltd, Park National Corp OH, Westpac Banking Corp, Atria Investments LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Empowered Funds LLC. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Nisa Investment Advisors LLC, BLB&B Advisors LLC, Cohen Klingenstein LLC, Retirement Systems of Alabama, Calamos Advisors LLC, Grassi Investment Management and State of Alaska Department of Revenue. 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 $16.17.

Freeport-McMoRan has a market capitalization of $24.30 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]