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 paid 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 1.91%. The ex-dividend date of this dividend is Friday, July 12th. View Freeport-McMoRan's Dividend History.

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

11 brokers have issued twelve-month target prices for Freeport-McMoRan's stock. Their forecasts range from $12.00 to $16.00. On average, they expect Freeport-McMoRan's share price to reach $13.6818 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets 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.

News articles about FCX stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Freeport-McMoRan earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the natural resource company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Freeport-McMoRan.

Freeport-McMoRan saw a decrease in short interest in August. As of August 15th, there was short interest totalling 35,004,900 shares, a decrease of 12.5% from the July 15th 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 company 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), Anglo American (NGLOY), Southern Copper (SCCO), FORTESCUE METAL/S (FSUGY), SOUTH32 LTD/S (SOUHY), First Quantum Minerals (FQVLF), IMPALA PLATINUM/S (IMPUY), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Centamin (CELTF), Nexa Resources (NEXA) and Hudbay Minerals (HBM).

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).

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%), 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.

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.

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.

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.

One share of FCX stock can currently be purchased for approximately $10.47.

Freeport-McMoRan has a market capitalization of $15.19 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]