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

$10.40
-0.07 (-0.67 %)
(As of 09/17/2019 11:22 AM ET)
Today's Range
$10.24
Now: $10.40
$10.43
50-Day Range
$8.79
MA: $9.74
$11.59
52-Week Range
$8.58
Now: $10.40
$14.90
Volume202,457 shs
Average Volume18.08 million shs
Market Capitalization$15.09 billion
P/E Ratio6.86
Dividend Yield1.86%
Beta2.42
Freeport-McMoRan, Inc engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. Read More…

Industry, Sector and Symbol

Industry Metal mining
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
CUSIP35671D85
Phone602-366-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.63 billion
Cash Flow$2.6463 per share
Book Value$12.35 per share

Profitability

Net Income$2.60 billion

Miscellaneous

Employees26,800
Outstanding Shares1,450,890,000
Market Cap$15.09 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions

What is Freeport-McMoRan's stock symbol?

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

How often does Freeport-McMoRan pay dividends? What is the dividend yield for Freeport-McMoRan?

Freeport-McMoRan announced a quarterly dividend on Wednesday, June 26th. Stockholders of record on Monday, July 15th will be paid a dividend of $0.05 per share on Thursday, August 1st. This represents a $0.20 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Friday, July 12th. View Freeport-McMoRan's Dividend History.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc (NYSE:FCX) released its earnings results on Wednesday, July, 24th. The natural resource company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks' 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 return on equity of 4.08% and a net margin of 4.11%. The firm's quarterly revenue was down 31.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.59 earnings per share. View Freeport-McMoRan's Earnings History.

When is Freeport-McMoRan's next earnings date?

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

What price target have analysts set for FCX?

11 brokerages have issued twelve-month price objectives for Freeport-McMoRan's stock. Their predictions range from $12.00 to $16.00. On average, they anticipate Freeport-McMoRan's share price to reach $13.6818 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

What is the consensus analysts' recommendation for Freeport-McMoRan?

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

Has Freeport-McMoRan been receiving favorable news coverage?

News stories about FCX stock have trended negative on Tuesday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Freeport-McMoRan earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the natural resource company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Freeport-McMoRan.

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 35,004,900 shares, a decline of 12.5% from the July 15th total of 39,989,900 shares. Based on an average trading volume of 19,290,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.4% of the company's shares are sold short. View Freeport-McMoRan's Current Options Chain.

Who are some of Freeport-McMoRan's key competitors?

What other stocks do shareholders of Freeport-McMoRan own?

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

Who are Freeport-McMoRan's key executives?

Freeport-McMoRan's management team includes the folowing people:
  • Richard C. Adkerson, Vice Chairman, President & Chief Executive Officer
  • Harry Milton Conger, President & Chief Operating Officer-Americas
  • Kathleen L. Quirk, Chief Financial Officer, Treasurer & Executive VP
  • C. Donald Whitmire, Vice President & Controller-Financial Reporting
  • David P. Joint, Director-Investor Relations

Who are Freeport-McMoRan's major shareholders?

Freeport-McMoRan's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.59%), BlackRock Inc. (6.95%), BlackRock Inc. (6.95%), Fisher Asset Management LLC (2.03%), Northern Trust Corp (1.45%) and Bank of New York Mellon Corp (1.36%). 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.

Which institutional investors are selling Freeport-McMoRan stock?

FCX stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, BlackRock Inc., BlackRock Inc., Panagora Asset Management Inc., Bank of New York Mellon Corp, Putnam Investments LLC, Allianz Asset Management GmbH 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.

Which institutional investors are buying Freeport-McMoRan stock?

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 Kathleen L Quirk and Richard C Adkerson. View Insider Buying and Selling for Freeport-McMoRan.

How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.

What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $10.40.

How big of a company is Freeport-McMoRan?

Freeport-McMoRan has a market capitalization of $15.09 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.

What is Freeport-McMoRan's official website?

The official website for Freeport-McMoRan is http://www.fcx.com/.

How can I contact Freeport-McMoRan?

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]


MarketBeat Community Rating for Freeport-McMoRan (NYSE FCX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  951 (Vote Outperform)
Underperform Votes:  878 (Vote Underperform)
Total Votes:  1,829
MarketBeat's community ratings are surveys of what our community members think about Freeport-McMoRan and other stocks. Vote "Outperform" if you believe FCX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FCX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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