Freeport-McMoRan, Inc. (FCX)

NYSE: FCX · IEX Real-Time Price · USD
30.62
+0.35 (1.16%)
At close: Aug 8, 2022 4:03 PM
30.77
+0.15 (0.49%)
Pre-market: Aug 9, 2022 6:09 AM EDT
1.16%
Market Cap 43.79B
Revenue (ttm) 24.27B
Net Income (ttm) 4.87B
Shares Out 1.43B
EPS (ttm) 3.47
PE Ratio 8.82
Forward PE 9.89
Dividend $0.45 (1.47%)
Ex-Dividend Date Jul 14, 2022
Volume 15,744,799
Open 30.94
Previous Close 30.27
Day's Range 30.41 - 31.66
52-Week Range 24.80 - 51.99
Beta 2.01
Analysts Buy
Price Target 39.28 (+28.3%)
Earnings Date Jul 21, 2022

About FCX

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino 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 also operates a portfolio of oil and gas properties p... [Read more...]

Industry Metals & Mining
Founded 1987
Employees 24,700
Stock Exchange NYSE
Ticker Symbol FCX
Full Company Profile

Financial Performance

In 2021, FCX's revenue was $22.85 billion, an increase of 60.90% compared to the previous year's $14.20 billion. Earnings were $4.31 billion, an increase of 618.86%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is 39.28, which is an increase of 28.28% from the latest price.

Price Target
$39.28
(28.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

How Does Freeport McMoran Inc Compare to Its Sector Competitors?

Freeport McMoran Inc recently reported its earnings with mixed results. Investors may be interested to see how this company's performance compares to its peers.

3 Top-Quality Copper Value Stocks

With economies around the world either in recession or on the brink of recession, shares of many commodity stocks have been sinking in anticipation of lower demand for their products.

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Why Shares in Freeport-McMoRan Fell Today

Weak economic data from China sent commodity stocks lower today.

Freeport-McMoRan Is a Great Buy for Value Investors

On a risk/reward basis, the copper miner is looking like a highly attractive stock to buy.

Here is What to Know Beyond Why FreeportMcMoRan Inc. (FCX) is a Trending Stock

Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

7 Seriously Undervalued Dividend Stocks to Buy for High Total Returns

These undervalued quality dividend stocks provide a robust yield and also look poised for a breakout on the upside in the future. The post 7 Seriously Undervalued Dividend Stocks to Buy for High Total R...

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1 Energy, 1 Gold, and 1 Copper Stock for the Second Half of 2022

Three creative ways to invest in the commodity sell-off.

Other symbols: CVXIAU

Falling Copper Prices Weigh On Freeport McMoran's Earnings, But Long Term Fundamentals Intact

Freeport McMoran Inc (NYSE: FCX)  is an American mining company based out of Pheonix, Arizona.  The company's stock rose slightly despite weaker than expected results.

Fiscal and financial markets have a huge disconnect, says Freeport-McMoRan CEO

Richard Adkerson, FCX chairman and CEO, joins 'Squawk on the Street' to discuss a striking shift in the copper market, how the company is doing its long-term planning and how long-term demand will fare ...

7 Best Bull Market Stocks to Buy Now

It looks like an excellent time to be searching for the best bull market stocks. Analysts are debating whether the multi-year lows recently seen in many shares could be the bottom before a bull market r...

Other symbols: BLKCARRFPVHPYPLTRUP

Freeport's (FCX) Earnings and Sales Miss Estimates in Q2

Freeport's (FCX) Q2 earnings are impacted by lower realized prices for copper.

Freeport-McMoRan says its copper, gold and molybdenum production up in second quarter

(Kitco News) - Freeport-McMoRan (NYSE: FCX), the world's second largest copper miner, announced today that the company produced 1,075 million pounds of copper in Q2 2022, up 18% compared to Q2 2021 (913...

Freeport-McMoRan (FCX) Q2 Earnings and Revenues Lag Estimates

Freeport-McMoRan (FCX) delivered earnings and revenue surprises of -23.68% and 15.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Freeport-McMoRan misses on profit and revenue amid a 'precipitous' fall in copper prices

Shares of Freeport-McMoRan Inc. FCX, +0.25% slipped 0.1% in premarket trading, after the copper and gold miner reported second-quarter profit and revenue that missed expectations, concerns over the glob...

Freeport-McMoRan profit drops 22% on lower copper prices

U.S. mining giant Freeport-McMoRan Inc on Thursday reported a 22.4% fall in second-quarter profit, hurt by lower realized prices.

Freeport-McMoRan Second-Quarter 2022 Financial and Operating Results Release Available on its Website

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its second-quarter 2022 financial and operating results press release on the Investor Relations page of its...

Two-Minute Drill: FCX & KNX

Wincrest Capital's Barbara Ann Bernard joins 'Closing Bell: Overtime' to give her thoughts on two stocks.

Other symbols: KNX

Freeport (FCX) to Report Q2 Earnings: What's in the Offing?

Freeport's (FCX) second-quarter results are likely to have been impacted by sequentially higher unit net cash costs and weaker copper prices.

Why Shares Of Freeport-McMoRan Are Rising

Freeport-McMoRan (NYSE: FCX) shares are trading higher by 8.35% to $27.97 amid strength in copper prices. According to data from CNBC, the price of Copper is up 3.01% trading at $3.33 per pound.

Why Shares of Freeport-McMoRan Lost 10% This Week

The copper miner continues to suffer from a sell-off in the industrial-metal's price.

Why Shares in Freeport-McMoRan Fell Sharply Today

The copper miner's stock took another hit today along with other economically aligned stocks.

The 7 Best Stocks to Buy on a Dip in July

With the stock market pricing in a recession that likely won't arrive anytime soon, these are some of the best stocks to buy on a dip. The post The 7 Best Stocks to Buy on a Dip in July appeared first o...

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Freeport-McMoRan (FCX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Freeport-McMoRan (FCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Buy or Sell: Freeport-McMoRan

The copper miner's stock has been highly volatile over the last year.

Is Trending Stock FreeportMcMoRan Inc. (FCX) a Buy Now?

Freeport-McMoRan (FCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.