Shares of Freeport-McMoRan have moved 2.8% today, and are now trading at a price of $40.41. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 735,135 compared to the stock's average volume of 10,943,382.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Based in Phoenix, United States the company has 25,600 full time employees and a market cap of $58,619,170,816. Freeport-McMoRan currently offers its equity investors a dividend that yields 1.5% per year.
The company is now trading -11.61% away from its average analyst target price of $45.71 per share. The 19 analysts following the stock have set target prices ranging from $29.0 to $57.0, and on average give Freeport-McMoRan a rating of buy.
Over the last 52 weeks, FCX stock has risen 27.0%, which amounts to a 17.0% difference compared to the S&P 500. The stock's 52 week high is $46.73 whereas its 52 week low is $26.03 per share. Based on Freeport-McMoRan's average net margin growth of 5.6% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-15 | 22,780,000 | 3,468,000 | 15 | -21.05 |
| 2022-02-15 | 22,845,000 | 4,306,000 | 19 | 375.0 |
| 2021-02-16 | 14,198,000 | 599,000 | 4 | 300.0 |
| 2020-02-14 | 14,402,000 | -239,000 | -2 | -114.29 |
| 2019-02-15 | 18,628,000 | 2,602,000 | 14 | 27.27 |
| 2018-02-20 | 16,403,000 | 1,817,000 | 11 |
