Freeport-McMoRan Stock Forecast, Price & News

Freeport-McMoRan's stock was trading at $8.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FCX stock has increased by 107.8% and is now trading at $16.87.
View which stocks have been most impacted by COVID-19.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 5 hold ratings and 10 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 Thursday, January 28th 2021.
View our earnings forecast for Freeport-McMoRan.

Freeport-McMoRan Inc. (NYSE:FCX) announced its quarterly earnings data on Thursday, October, 22nd. The natural resource company reported $0.29 EPS for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.08. The natural resource company had revenue of $3.85 billion for the quarter, compared to analysts' expectations of $3.68 billion. Freeport-McMoRan had a negative return on equity of 0.98% and a negative net margin of 4.28%. Freeport-McMoRan's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.01 EPS.
View Freeport-McMoRan's earnings history.

Freeport-McMoRan announced a quarterly dividend on Wednesday, December 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Tuesday, January 14th.
View Freeport-McMoRan's dividend history.

15 analysts have issued twelve-month price targets for Freeport-McMoRan's shares. Their forecasts range from $12.00 to $24.00. On average, they expect Freeport-McMoRan's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price.
View analysts' price targets for Freeport-McMoRan.

Freeport-McMoRan saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 37,990,000 shares, an increase of 20.1% from the August 31st total of 31,640,000 shares. Based on an average daily trading volume, of 20,700,000 shares, the short-interest ratio is currently 1.8 days.
View Freeport-McMoRan's Short Interest.

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), United States Antimony (UAMY), General Moly (GMO) 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 Micron Technology (MU), Bank of America (BAC), Intel (INTC), General Electric (GE), AT&T (T), NVIDIA (NVDA), Alibaba Group (BABA), Apollo Commercial Real Estate Finance (ARI), Cisco Systems (CSCO) and Gilead Sciences (GILD).

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

Freeport-McMoRan's stock is owned by a variety of institutional and retail investors. Top institutional investors include Polunin Capital Partners Ltd (0.34%), PM CAPITAL Ltd (0.22%), Hexavest Inc. (0.10%), Zweig DiMenna Associates LLC (0.09%), Standard Life Aberdeen plc (0.09%) and State of New Jersey Common Pension Fund D (0.06%). 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 Hexavest Inc., Pacer Advisors Inc., PM CAPITAL Ltd, Candriam Luxembourg S.C.A., British Airways Pensions Investment Management Ltd, Thompson Investment Management Inc., Grassi Investment Management, and Adams Natural Resources Fund Inc..
View insider buying and selling activity for Freeport-McMoRan.

FCX stock was acquired by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Hyman Charles D, Kessler Investment Group LLC, Assenagon Asset Management S.A., Hodges Capital Management Inc., Polunin Capital Partners Ltd, and Moody Lynn & Lieberson LLC. 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 $16.87.

Freeport-McMoRan has a market capitalization of $24.50 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]