NYSE:FCXFreeport-McMoRan Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Freeport-McMoRan Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $13.97 +1.02 (+7.88 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$13.33Now: $13.97▼$14.4350-Day Range$10.47MA: $12.29▼$13.6252-Week Range$4.82Now: $13.97▼$14.43Volume36.84 million shsAverage Volume26.42 million shsMarket Capitalization$20.28 billionP/E RatioN/ADividend Yield0.77%Beta2.31 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingFreeport-McMoRan has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 12 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.17, Freeport-McMoRan has a potential upside of 1.4% from its current price of $13.97.Amount of Analyst CoverageFreeport-McMoRan has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesFreeport-McMoRan has received 1,019 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFreeport-McMoRan has received 943 “underperform” votes. (Add your “underperform” vote.)Community SentimentFreeport-McMoRan has received 51.94% “outperform” votes from our community.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. Previous Next 0.8 Dividend Strength Dividend YieldFreeport-McMoRan has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFreeport-McMoRan has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Freeport-McMoRan is 500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Freeport-McMoRan will have a dividend payout ratio of 7.41% next year. This indicates that Freeport-McMoRan will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Freeport-McMoRan insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Freeport-McMoRan is held by insiders.Percentage Held by Institutions71.16% of the stock of Freeport-McMoRan is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Freeport-McMoRan are expected to grow by 382.14% in the coming year, from $0.28 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Freeport-McMoRan is -34.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Freeport-McMoRan is -34.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFreeport-McMoRan has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.72 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Metal mining Sub-IndustryDiversified Metals & Mining SectorBasic Materials Current SymbolNYSE:FCX Previous Symbol CUSIP35671D85 CIK831259 Webwww.fcx.com Phone602-366-8100Debt Debt-to-Equity Ratio0.57 Current Ratio2.46 Quick Ratio1.15Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio49.89 P/E GrowthN/A Sales & Book Value Annual Sales$14.40 billion Price / Sales1.41 Cash Flow$1.07 per share Price / Cash Flow13.10 Book Value$11.81 per share Price / Book1.18Profitability EPS (Most Recent Fiscal Year)$0.02 Net Income$-239,000,000.00 Net Margins-4.28% Return on Equity-0.98% Return on Assets-0.42%Miscellaneous Employees27,500 Outstanding Shares1,451,970,000Market Cap$20.28 billion Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $13.97 +1.02 (+7.88 %) (As of 08/5/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive FCX News and Ratings via Email Sign-up to receive the latest news and ratings for FCX and its competitors with MarketBeat's FREE daily newsletter. Freeport-McMoRan (NYSE:FCX) Frequently Asked Questions How has Freeport-McMoRan's stock been impacted by COVID-19 (Coronavirus)? 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 72.0% and is now trading at $13.97. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Freeport-McMoRan? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Freeport-McMoRan. When is Freeport-McMoRan's next earnings date? Freeport-McMoRan is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for Freeport-McMoRan. How were Freeport-McMoRan's earnings last quarter? Freeport-McMoRan Inc (NYSE:FCX) released its earnings results on Thursday, July, 23rd. The natural resource company reported $0.03 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.06. The natural resource company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $3.06 billion. Freeport-McMoRan had a negative net margin of 4.28% and a negative return on equity of 0.98%. Freeport-McMoRan's revenue was down 13.9% on a year-over-year basis. During the same period last year, the company posted ($0.04) earnings per share. View Freeport-McMoRan's earnings history. How often does Freeport-McMoRan pay dividends? What is the dividend yield for Freeport-McMoRan? Freeport-McMoRan declared 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 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Tuesday, January 14th. View Freeport-McMoRan's dividend history. What price target have analysts set for FCX? 19 equities research analysts have issued twelve-month price objectives for Freeport-McMoRan's shares. Their forecasts range from $11.50 to $19.00. On average, they anticipate Freeport-McMoRan's stock price to reach $14.17 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View analysts' price targets for Freeport-McMoRan. Has Freeport-McMoRan been receiving favorable news coverage? News coverage about FCX stock has trended somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Freeport-McMoRan earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media stories about the natural resource company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Freeport-McMoRan. Who are some of Freeport-McMoRan's key competitors? Some companies that are related to Freeport-McMoRan include Southern Copper (SCCO), Compass Minerals International (CMP), Materion (MTRN), U.S. Silica (SLCA), SunCoke Energy (SXC), Ferroglobe (GSM), General Moly (GMO), United States Antimony (UAMY) and Revett Mining Company, Inc. (DE) (RVM). View all competitors. What other stocks do shareholders of Freeport-McMoRan own? 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). Who are Freeport-McMoRan's key executives? Freeport-McMoRan's management team includes the following people: Richard C. Adkerson, Vice Chairman, President & Chief Executive OfficerHarry Milton Conger, President & Chief Operating Officer-AmericasKathleen L. Quirk, Chief Financial Officer, Treasurer & Executive VPC. Donald Whitmire, Vice President & Controller-Financial ReportingDavid P. Joint, Director-Investor Relations What is Freeport-McMoRan's stock symbol? Freeport-McMoRan trades on the New York Stock Exchange (NYSE) under the ticker symbol "FCX." Who are Freeport-McMoRan's major shareholders? Freeport-McMoRan's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Menora Mivtachim Holdings LTD. (0.62%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Polunin Capital Partners Ltd (0.33%), TCW Group Inc. (0.29%), PM CAPITAL Ltd (0.27%) and Hexavest Inc. (0.25%). 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. Which institutional investors are selling Freeport-McMoRan stock? FCX stock was sold by a variety of institutional investors in the last quarter, including Ruffer LLP, Hexavest Inc., DekaBank Deutsche Girozentrale, Oregon Public Employees Retirement Fund, Optimal Asset Management Inc., Russell Investments Group Ltd., Sumitomo Mitsui Trust Holdings Inc., and GWM Advisors LLC. View insider buying and selling activity for Freeport-McMoRan. Which institutional investors are buying Freeport-McMoRan stock? FCX stock was acquired by a variety of institutional investors in the last quarter, including Polunin Capital Partners Ltd, Zweig DiMenna Associates LLC, Cadinha & Co. LLC, PM CAPITAL Ltd, Menora Mivtachim Holdings LTD., Hosking Partners LLP, Robeco Institutional Asset Management B.V., and Marathon Asset Management LLP. 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Freeport-McMoRan's stock price today? One share of FCX stock can currently be purchased for approximately $13.97. How big of a company is Freeport-McMoRan? Freeport-McMoRan has a market capitalization of $20.28 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. What is Freeport-McMoRan's official website? The official website for Freeport-McMoRan is www.fcx.com. 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] This page was last updated on 8/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
