NYSE:FCX - Freeport-McMoRan Stock Price, Forecast & News

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

Freeport-McMoRan announced a quarterly dividend on Wednesday, December 18th. Investors 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 1.63%. The ex-dividend date of this dividend is Tuesday, January 14th. View Freeport-McMoRan's Dividend History.

Freeport-McMoRan Inc (NYSE:FCX) released its earnings results on Thursday, January, 23rd. The natural resource company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. The natural resource company had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.69 billion. Freeport-McMoRan had a positive return on equity of 0.18% and a negative net margin of 1.12%. Freeport-McMoRan's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 earnings per share. View Freeport-McMoRan's Earnings History.

Freeport-McMoRan is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Freeport-McMoRan.

15 Wall Street analysts have issued 1-year price targets for Freeport-McMoRan's shares. Their forecasts range from $10.00 to $17.00. On average, they anticipate Freeport-McMoRan's stock price to reach $13.48 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Price Targets for Freeport-McMoRan.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Freeport-McMoRan.

News coverage about FCX stock has been trending very negative on Thursday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Freeport-McMoRan earned a media sentiment score of -3.4 on InfoTrie's scale. They also assigned media stories about the natural resource company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Freeport-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).

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

Freeport-McMoRan's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (6.21%), State Street Corp (4.59%), Bank of New York Mellon Corp (1.47%), Ruffer LLP (1.15%), Contrarius Investment Management Ltd (0.57%) and Janus Henderson Group PLC (0.49%). 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, Commerzbank Aktiengesellschaft FI, Contrarius Investment Management Ltd, State Street Corp, TCW Group Inc., Man Group plc, Prudential Financial Inc. and Schonfeld Strategic Advisors LLC. View Insider Buying and Selling for Freeport-McMoRan.

FCX stock was purchased by a variety of institutional investors in the last quarter, including Ruffer LLP, FMR LLC, Amundi Pioneer Asset Management Inc., Castle Hook Partners LP, Janus Henderson Group PLC, Bank of New York Mellon Corp, Driehaus Capital Management LLC and MUFG Securities EMEA plc. 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 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 $12.29.

Freeport-McMoRan has a market capitalization of $17.83 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 26,800 workers across the globe.View Additional Information About Freeport-McMoRan.

The official website for Freeport-McMoRan is http://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]