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, 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 1.19%. The ex-dividend date of this dividend is Thursday, July 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) released its earnings results on Tuesday, April, 24th. The natural resource company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.56 by $0.10. The natural resource company earned $4.87 billion during 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 was up 45.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.15 EPS. 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 equities research analysts have issued twelve-month price objectives 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 $18.0833 in the next twelve months. This suggests a possible upside of 7.8% 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 decrease in short interest in June. As of June 15th, there was short interest totalling 18,943,683 shares, a decrease of 19.3% from the May 31st total of 23,486,112 shares. Based on an average trading volume of 13,907,109 shares, the days-to-cover ratio is currently 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).

Media coverage about FCX stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Freeport-McMoRan earned a daily sentiment score of 0.17 on Accern's scale. They also gave headlines about the natural resource company an impact score of 47.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Freeport-McMoRan's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.00%), Manning & Napier Group LLC (0.13%), Retirement Systems of Alabama (0.06%), Thompson Investment Management Inc. (0.03%), Gibraltar Capital Management Inc. (0.03%) and BLB&B Advisors LLC (0.02%). 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., Park National Corp OH, 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, BLB&B Advisors LLC, Cohen Klingenstein LLC, Retirement Systems of Alabama, Calamos Advisors LLC, Grassi Investment Management, State of Alaska Department of Revenue and Polianta Ltd. 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 $16.77.

Freeport-McMoRan has a market capitalization of $24.34 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]