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 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 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, July 12th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) released its quarterly earnings results on Wednesday, July, 25th. The natural resource company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. The natural resource company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.97 billion. Freeport-McMoRan had a return on equity of 24.01% and a net margin of 14.87%. Freeport-McMoRan's revenue for the quarter was up 39.3% compared to the same quarter last year. During the same period last year, the company posted $0.17 EPS. View Freeport-McMoRan's Earnings History.

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Freeport-McMoRan.

20 brokerages have issued 12-month price targets for Freeport-McMoRan's shares. Their forecasts range from $12.00 to $24.00. On average, they anticipate Freeport-McMoRan's stock price to reach $18.0833 in the next twelve months. This suggests a possible upside of 28.1% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 1 sell rating, 11 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Freeport-McMoRan.

Freeport-McMoRan saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 22,871,029 shares, a decrease of 21.8% from the July 13th total of 29,238,375 shares. Based on an average daily trading volume, of 20,075,079 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.6% of the company's shares are sold short. View Freeport-McMoRan's Current Options Chain.

Some companies that are related to Freeport-McMoRan include BHP Billiton (BHP), Vale (VALE), Rio Tinto plc ADR Common Stock (RIO), 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), Nexa Resources (NEXA) and Pretium Resources (PVG).

Media stories about FCX stock have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Freeport-McMoRan earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news articles about the natural resource company an impact score of 47.89 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Freeport-McMoRan.

Freeport-McMoRan's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.88%), FMR LLC (1.77%), Fisher Asset Management LLC (1.00%), Dimensional Fund Advisors LP (0.95%), Iridian Asset Management LLC CT (0.76%) and Sound Shore Management Inc. CT (0.59%). 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 FMR LLC, Renaissance Technologies LLC, Los Angeles Capital Management & Equity Research Inc., Assenagon Asset Management S.A., Madison Investment Holdings Inc., Natixis, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Ardevora Asset Management LLP. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Iridian Asset Management LLC CT, Bank of New York Mellon Corp, Janus Henderson Group PLC, Chevy Chase Trust Holdings Inc., Sound Shore Management Inc. CT, CIBC World Markets Inc. and Toronto Dominion Bank. 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 $14.12.

Freeport-McMoRan has a market capitalization of $20.24 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]