Freeport-McMoRan Inc. (FCX)

NYSE: FCX · Real-Time Price · USD
35.85
-0.79 (-2.16%)
At close: Jan 31, 2025, 4:00 PM
35.90
+0.05 (0.14%)
After-hours: Jan 31, 2025, 7:50 PM EST
-2.16%
Market Cap 51.51B
Revenue (ttm) 25.46B
Net Income (ttm) 1.89B
Shares Out 1.44B
EPS (ttm) 1.30
PE Ratio 27.58
Forward PE 21.24
Dividend $0.60 (1.67%)
Ex-Dividend Date Jan 15, 2025
Volume 13,377,662
Open 36.36
Previous Close 36.64
Day's Range 35.69 - 36.64
52-Week Range 35.46 - 55.24
Beta 1.87
Analysts Buy
Price Target 52.17 (+45.52%)
Earnings Date Jan 23, 2025

About FCX

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company’s assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its na... [Read more]

Industry Copper
Sector Materials
Founded 1987
Employees 27,200
Stock Exchange NYSE
Ticker Symbol FCX
Full Company Profile

Financial Performance

In 2024, Freeport-McMoRan's revenue was $25.46 billion, an increase of 11.38% compared to the previous year's $22.86 billion. Earnings were $1.89 billion, an increase of 2.55%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is $52.17, which is an increase of 45.52% from the latest price.

Price Target
$52.17
(45.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Max Iron Brazil Ltd Has Received In-Principle Advice on Suitability from the ASX to Advance Plans for Admission to the Official List of the ASX

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2025) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce that, further to its new...

1 day ago - Newsfile Corp

Skeena Gold & Silver Announces Investment into TDG Gold Corp

VANCOUVER, BC / ACCESS Newswire / January 27, 2025 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena Gold & Silver", "Skeena" or the "Company") announces a strategic investment into TDG Gold Cor...

Other symbols: SKE
5 days ago - Accesswire

Top 2 Materials Stocks That Could Blast Off This Month

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: NTIC
5 days ago - Benzinga

Freeport-McMoRan's Copper Sales Fall Sparks Mixed Analyst Reactions, Long-Term Upside Remains In Play

Several analysts revised the price forecast and rating for Freeport-McMoRan, Inc. FCX following fourth-quarter FY24 results reported yesterday.

8 days ago - Benzinga

Freeport-McMoRan Inc. (FCX) Q4 2024 Earnings Call Transcript

Freeport-McMoRan Inc. (NYSE:FCX) Q4 2024 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants David Joint - Vice President, Investor Relations Richard Adkerson - Chairman Kathle...

9 days ago - Seeking Alpha

Final Trades: Freeport-McMoRan, Clearway Energy and Nasdaq

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CWENNDAQ
9 days ago - CNBC Television

Freeport sees solid end to 2024 on higher gold and copper prices

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

9 days ago - Kitco

Freeport Fourth-Quarter and Year Ended 2024 Financial and Operating Results Release Available on Its Website

PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today announced that it has posted its fourth-quarter and year ended 2024 financial and operating results press release on the Investor Relations page of...

9 days ago - Business Wire

Freeport-McMoRan: Time For A Checkup With Dr. Copper (Technical Analysis)

There are mixed signals in the economy; however, "Dr. Copper" and FDX performance can provide insights into economic health. Freeport-McMoRan's fundamentals remain strong with steady dividends, signif...

12 days ago - Seeking Alpha

After Falling 25%, What's Next For Freeport?

Freeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform over the last three months, falling by 25% compared to the S&P 500 which was up 3%. Freeport's sto...

22 days ago - Forbes

Max Resource Announces Initial Public Offering for Australian Subsidiary

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2025) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce that Max Iron Brazil Ltd.

22 days ago - Newsfile Corp

Calls of the Day: Shake Shack, Snowflake, Freeport-McMoran, Lululemon, Disney and United Airlines

The Investment Committee debate the latest Calls of the Day.

Other symbols: DISLULUSHAKSNOWUAL
25 days ago - CNBC Television

Final Trades: Freeport McMoran, Columbia Banking, P&G and Target

It's Friday's Final Trades—don't miss the Investment Committee's top picks for the week!

Other symbols: COLBPGTGT
6 weeks ago - CNBC Television

Freeport-McMoRan: A Good Option To Capitalize On The Future Of Copper

Freeport-McMoRan is a leading U.S.-based copper miner with 104 billion lbs of proven copper reserves and operations in North America, South America, and Indonesia. The company generates 74% of its rev...

6 weeks ago - Seeking Alpha

Freeport Declares Quarterly Cash Dividends on Common Stock

PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on February 3, 2025, to shareholders...

6 weeks ago - Business Wire

Freeport-McMoRan's Death Cross: Copper Giant's Pivotal Moment

Freeport-McMoRan Inc. FCX just hit a bearish milestone: a Death Cross . This technical signal, where the 50-day exponential moving average dips below the 200-day, is often seen as a harbinger of exten...

7 weeks ago - Benzinga

PLTR, FCX, MS: Names Highlighting Bullish 2025 Trends

A.I., metals and finances are all industries Michael Cuggino will watch heading into the new year. For Palantir (PLTR), he believes the stock has "room to run" even after the company hit another new a...

Other symbols: PLTRMS
2 months ago - Schwab Network

Copper's High-Wire Act: Can EVs, New Tech Power The Metal's Next Big Surge?

As the world hurtles toward an electrified future, the copper market stands at a crossroads.

Other symbols: BHPCOPXCPERICOP
2 months ago - Benzinga

Final Trades: Starbucks, Freeport-McMoran, Constellation Energy and the XLU

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CEGSBUX
3 months ago - CNBC Television

Gold At Record High: Why Isn't FCX Stock Following Suite?

Freeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform over the last month, falling by 8% compared to the S&P 500 which was up 1%. Does this come as a su...

3 months ago - Forbes

Freeport-McMoRan: Good Value Proposition If You Know What You Are Buying

Leaching production provided efficiency gains at the expense of lower copper production. Milling inefficiency in the US was offset by full-capacity operations in South America and excellent low-cost m...

3 months ago - Seeking Alpha

Freeport-McMoRan Q3 Earnings: The Market Is Not Impressed

Freeport-McMoRan's share price and trading volumes were not influenced by the recent earnings release. Some progress is being made on expansion projects and cost structure, but market participants hav...

3 months ago - Seeking Alpha

Freeport-McMoRan Inc. (FCX) Q3 2024 Earnings Call Transcript

Freeport-McMoRan Inc. (NYSE:FCX) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants David Joint - Vice President, Investor Relations Richard Adkerson - Chairman Kathle...

3 months ago - Seeking Alpha

Freeport Third-Quarter and Nine-Month 2024 Financial and Operating Results Release Available on Its Website

PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today announced that it has posted its third-quarter and nine-month 2024 financial and operating results press release on the Investor Relations page of ...

3 months ago - Business Wire

Teck Resources Vs. Freeport-McMoRan: China Stimulus Boost Or Trump Tariff Blues?

The copper market is caught between a stimulus-fueled surge and the looming specter of Trump 2.0 tariffs.

Other symbols: TECK
3 months ago - Benzinga