NYSE:FCX - Freeport-McMoRan Stock Price, Price Target & More

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$15.80 -1.28 (-7.49 %)
(As of 07/20/2018 08:42 AM ET)
Previous Close$17.08
Today's Range$15.6450 - $16.47
52-Week Range$12.79 - $20.25
Volume38.24 million shs
Average Volume16.87 million shs
Market Capitalization$24.75 billion
P/E Ratio13.50
Dividend Yield1.17%
Beta2.46
Freeport-McMoRan logoFreeport-McMoRan Inc. engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde and El Abra mines in South America. It also operates a portfolio of oil and gas assets comprising oil and natural gas production onshore in South Louisiana; and on the Gulf of Mexico shelf and oil production offshore California. As of December 31, 2017, the company's estimated consolidated recoverable proven and probable mineral reserves totaled 86.7 billion pounds of copper, 23.5 million ounces of gold, and 2.84 billion pounds of molybdenum, as well as estimated proved developed oil and natural gas reserves totaled 10.1 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Metal mining
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
SymbolNYSE:FCX
CUSIP35671D85
Phone602-366-8100

Debt

Debt-to-Equity Ratio0.93
Current Ratio2.33
Quick Ratio1.43

Price-To-Earnings

Trailing P/E Ratio13.50
Forward P/E Ratio7.90
P/E GrowthN/A

Sales & Book Value

Annual Sales$16.40 billion
Price / Sales1.40
Cash Flow$2.1884 per share
Price / Cash7.22
Book Value$7.82 per share
Price / Book2.02

Profitability

EPS (Most Recent Fiscal Year)$1.17
Net Income$1.82 billion
Net Margins12.72%
Return on Equity19.92%
Return on Assets5.83%

Miscellaneous

Employees25,200
Outstanding Shares1,448,790,000
Market Cap$24,745.40

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 declared a quarterly dividend on Wednesday, June 27th. Shareholders 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 yield of 1.27%. The ex-dividend date of this dividend is Thursday, July 12th. View Freeport-McMoRan's Dividend History.

How were Freeport-McMoRan's earnings last quarter?

Freeport-McMoRan Inc (NYSE:FCX) issued its quarterly earnings data 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 analysts' expectations of $4.92 billion. Freeport-McMoRan had a return on equity of 19.92% and a net margin of 12.72%. The company's revenue for the quarter was up 45.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.15 EPS. 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, July, 25th 2018. View Earnings Estimates for Freeport-McMoRan.

What price target have analysts set for FCX?

20 brokers have issued 1 year target prices for Freeport-McMoRan's shares. Their predictions range from $12.00 to $25.00. On average, they expect Freeport-McMoRan's stock price to reach $18.0833 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Ratings for Freeport-McMoRan.

What is the consensus analysts' recommendation 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."

Are investors shorting Freeport-McMoRan?

Freeport-McMoRan saw a drop in short interest in 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 volume of 13,907,109 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.3% of the company's shares are sold short. View Freeport-McMoRan's Current Options Chain.

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

Who are Freeport-McMoRan's key executives?

Freeport-McMoRan's management team includes the folowing people:
  • Mr. Richard C. Adkerson, Vice Chairman, Pres & CEO (Age 71)
  • Ms. Kathleen L. Quirk, Exec. VP, CFO & Treasurer (Age 54)
  • Mr. Michael J. Arnold, Exec. VP & Chief Admin. Officer (Age 65)
  • Mr. Harry Milton Conger IV, Pres & COO of Americas (Age 62)
  • Mr. James R. Moffett Jr., Chairman Emeritus, Consultant & Member of Advisory Board (Age 80)

Has Freeport-McMoRan been receiving favorable news coverage?

News headlines about FCX stock have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of 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 0.12 on Accern's scale. They also gave news headlines about the natural resource company an impact score of 47.15 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Freeport-McMoRan's major shareholders?

Freeport-McMoRan's stock is owned by a variety of of institutional and retail 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.

Which major investors are selling Freeport-McMoRan stock?

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, Hartford Investment Management Co., Atria Investments LLC and Meag Munich Ergo Kapitalanlagegesellschaft MBH. View Insider Buying and Selling for Freeport-McMoRan.

Which major investors are buying Freeport-McMoRan stock?

FCX stock was acquired 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.

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, Scottrade, Fidelity and Charles Schwab.

What is Freeport-McMoRan's stock price today?

One share of FCX stock can currently be purchased for approximately $15.80.

How big of a company is Freeport-McMoRan?

Freeport-McMoRan has a market capitalization of $24.75 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  777 (Vote Outperform)
Underperform Votes:  748 (Vote Underperform)
Total Votes:  1,525
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 7/20/2018 by MarketBeat.com Staff

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