Important Facts About Freeport-McMoRan Stock

Shares of Basic Materials sector company Freeport-McMoRan moved 1.3% today, and are now trading at a price of $43.12. The large-cap stock's daily volume was 5,516,976 compared to its average volume of 12,535,241. The S&P 500 index returned a -0.0% performance.

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company is based in Phoenix and has 25,600 full time employees. Its market capitalization is $61,796,298,752. Freeport-McMoRan currently offers its equity investors a dividend that yields 1.4% per year.

20 analysts are following Freeport-McMoRan and have set target prices ranging from $29.0 to $57.0 per share. On average, they have given the company a rating of buy. At today's prices, FCX is trading -5.8% away from its average analyst target price of $45.77 per share.

Over the last year, FCX's share price has increased by 51.0%, which represents a difference of 41.0% when compared to the S&P 500. The stock's 52 week high is $46.73 per share whereas its 52 week low is $26.03. With average free cash flows of $5.02 Billion that have been growing at an average rate of 34.4% over the last 4 years, Freeport-McMoRan is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2023-02-15 5,139,000 -1,632,000 6,771,000 -17.43
2022-02-15 7,715,000 -485,000 8,200,000 169.03
2021-02-16 3,017,000 -31,000 3,048,000 47.03
2020-02-14 1,482,000 -591,000 2,073,000 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.