Freeport-McMoRan Inc. (FCX)

NYSE: FCX · IEX Real-Time Price · USD
-0.55 (-1.26%)
At close: Feb 3, 2023, 4:03 PM
-0.12 (-0.28%)
After-hours: Feb 3, 2023, 7:58 PM EST
Market Cap 61.69B
Revenue (ttm) 23.19B
Net Income (ttm) 3.88B
Shares Out 1.43B
EPS (ttm) 2.63
PE Ratio 16.41
Forward PE 24.81
Dividend $0.90 (2.09%)
Ex-Dividend Date Oct 13, 2022
Volume 11,921,718
Open 43.38
Previous Close 43.71
Day's Range 42.96 - 44.78
52-Week Range 24.80 - 51.99
Beta 1.99
Analysts Buy
Price Target 41.15 (-4.66%)
Earnings Date Jan 25, 2023

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 Copper
Sector Materials
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 26 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is $41.15, which is a decrease of -4.66% from the latest price.

Price Target
(-4.66% downside)
Analyst Consensus: Buy
Stock Forecasts


Are Basic Materials Stocks Lagging FreeportMcMoRan (FCX) This Year?

Here is how Freeport-McMoRan (FCX) and Gerdau (GGB) have performed compared to their sector so far this year.

3 days ago - Zacks Investment Research

3 Aggressive Growth Stocks to Buy to Get Ahead of Falling Housing Starts

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5 days ago - InvestorPlace

Freeport-McMoRan (FCX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Freeport-McMoRan (FCX) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with W...

1 week ago - Zacks Investment Research

Freeport-McMoRan increases copper and gold production in 2022, reports net income of $3,468 million

(Kitco News) - Freeport-McMoRan (NYSE: FCX), one of the world's largest copper producers, announced today that the company produced 4,210 million pounds of recoverable copper in 2022, up 9.5% over 202...

1 week ago - Kitco

Freeport (FCX) Earnings and Revenues Surpass Estimates in Q4

Freeport's (FCX) earnings and sales beat estimates in Q4 despite lower copper and gold prices.

1 week ago - Zacks Investment Research

Freeport-McMoRan (FCX) Q4 Earnings and Revenues Top Estimates

Freeport-McMoRan (FCX) delivered earnings and revenue surprises of 30% and 7.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

U.S. worker shortage denting Freeport-McMoRan's copper output

Freeport-McMoRan Inc warned on Wednesday that its struggle to find workers in the United States is limiting the amount of copper it can produce for the green energy transition.

1 week ago - Reuters

Freeport-McMoRan Fourth-Quarter and Year Ended 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 fourth-quarter and year ended 2022 financial and operating results press release on the Investor Re...

1 week ago - Business Wire

3 Late January Earnings Plays With Pop Potential

If you're like us, you get excited this time of year. That's because corporate earnings reports often produce some major stock price swings.

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1 week ago - MarketBeat

Are You Looking for a Top Momentum Pick? Why Freeport-McMoRan (FCX) is a Great Choice

Does Freeport-McMoRan (FCX) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 week ago - Zacks Investment Research

3 Basic Materials Stocks to Buy Before Earnings This Week

The rising earnings estimate revisions make the possibility of beating Q4 expectations quite plausible for Freeport McMoRan, Nucor, and Steel Dynamic stock and could continue supporting their strong p...

Other symbols: NUESTLD
1 week ago - Zacks Investment Research

Freeport (FCX) to Report Q4 Earnings: What's in the Offing?

Freeport (FCX) is likely to have gained from higher operating rates across PT Freeport Indonesia and South America operations amid headwinds from lower year over year copper prices.

1 week ago - Zacks Investment Research

Buy 5 Large-Cap U.S. Bigwigs Ahead of Q4 Earnings Next Week

Five large-cap companies are set to beat earnings estimates next week. These are: URI, FCX, STLD, HAL and AMP.

Other symbols: AMPHALSTLDURI
2 weeks ago - Zacks Investment Research

Freeport-McMoRan (FCX) Expected to Beat Earnings Estimates: Should You Buy?

Freeport-McMoRan (FCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Is FreeportMcMoRan (FCX) Stock Outpacing Its Basic Materials Peers This Year?

Here is how Freeport-McMoRan (FCX) and Gerdau (GGB) have performed compared to their sector so far this year.

2 weeks ago - Zacks Investment Research

Earnings Estimates Moving Higher for Freeport-McMoRan (FCX): Time to Buy?

Freeport-McMoRan (FCX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 weeks ago - Zacks Investment Research

Final Trades: GXO, Becton Dickinson, Freeport-McMoRan & more

The "Halftime Report" traders give their top picks to watch for the second half.

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3 weeks ago - CNBC Television

Three-Stock Lunch: COST, DAL & FCX

BK Asset Management's Boris Schlossberg joins 'Power Lunch' to look at three stocks: Costco, Delta Airlines and Freeport-MacMoRan.

Other symbols: DALCOST
1 month ago - CNBC Television

Investors Heavily Search FreeportMcMoRan Inc. (FCX): Here is What You Need to Know

Freeport-McMoRan (FCX) has received quite a bit of attention from users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

5 Electric Vehicle Stocks with the Strongest Growth Potential

Electric vehicle stocks had a rough ride in 2022, all thanks to shortages of essential supplies, sky-high inflation, rising interest rates and issues over the pandemic. However, don't count them out j...

1 month ago - InvestorPlace

Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (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 1, 2023, ...

1 month ago - Business Wire

5 Copper Stocks For 2023 And Beyond

Copper stocks are poised to go up next year, but they could fall just as quickly. Here's what investors need to know about how to invest in copper mining in 2023 and beyond.

1 month ago - Forbes

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

1 month ago - Zacks Investment Research

3 Potential Copper Beneficiaries

Copper prices are expected to surge in 2023, with various analysts on Wall Street anticipating a significant supply versus demand arbitrage.

Other symbols: BHPGS
1 month ago - GuruFocus

Final Trades: Stryker, Southwest Gas, Freeport-McMoRan & more

The "Halftime Report" traders give their top picks to watch for the second half.

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2 months ago - CNBC Television