NYSE:FCXFreeport-McMoRan Stock Price, Forecast & News

Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FCX stock has increased by 33.7% and is now trading at $10.86. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Freeport-McMoRan.

Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Freeport-McMoRan.

Freeport-McMoRan Inc (NYSE:FCX) issued its quarterly earnings data on Friday, April, 24th. The natural resource company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.02. The natural resource company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.98 billion. Freeport-McMoRan had a negative net margin of 5.05% and a negative return on equity of 1.55%. Freeport-McMoRan's quarterly revenue was down 26.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.05 earnings per share. View Freeport-McMoRan's earnings history.

Freeport-McMoRan announced a quarterly dividend on Wednesday, December 18th. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.05 per share on Monday, February 3rd. This represents a $0.20 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Tuesday, January 14th. View Freeport-McMoRan's dividend history.

18 brokers have issued 1 year price targets for Freeport-McMoRan's stock. Their forecasts range from $8.60 to $19.00. On average, they anticipate Freeport-McMoRan's stock price to reach $12.58 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View analysts' price targets for Freeport-McMoRan.

Media stories about FCX stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -2.8 on InfoTrie's scale. They also assigned media stories about the natural resource company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the near term. View the latest news aboutFreeport-McMoRan.

Some companies that are related to Freeport-McMoRan include Southern Copper (SCCO), Compass Minerals International (CMP), Materion (MTRN), SunCoke Energy (SXC), U.S. Silica (SLCA), Ferroglobe (GSM), General Moly (GMO), United States Antimony (UAMY) and Revett Mining Company, Inc. (DE) (RVM). View all competitors.

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

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

Freeport-McMoRan's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (4.75%), State Street Corp (4.43%), Fisher Asset Management LLC (2.64%), Franklin Resources Inc. (2.05%), Clearbridge Investments LLC (1.69%) and Geode Capital Management LLC (1.56%). Company insiders that own Freeport-McMoRan stock include C Donald Whitmire Jr, Courtney Mather, Harry M Iv Conger, John Joseph Stephens, 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 Capital Research Global Investors, Ruffer LLP, Nuveen Asset Management LLC, Crake Asset Management LLP, Contrarius Investment Management Ltd, Victory Capital Management Inc., Victory Capital Management Inc., and Duquesne Family Office LLC. View insider buying and selling activity for Freeport-McMoRan.

FCX stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Menora Mivtachim Holdings LTD., Van ECK Associates Corp, Morgan Stanley, Morgan Stanley, Key Square Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, and Hexavest Inc.. Company insiders that have bought Freeport-McMoRan stock in the last two years include John Joseph Stephens, Kathleen L Quirk, and Richard C Adkerson. View insider buying and selling activity 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 $10.86.

Freeport-McMoRan has a market capitalization of $15.77 billion and generates $14.40 billion in revenue each year. The natural resource company earns $-239,000,000.00 in net income (profit) each year or $0.02 on an earnings per share basis. Freeport-McMoRan employs 27,500 workers across the globe.

The official website for Freeport-McMoRan is 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]