Shares of Freeport-McMoRan have moved -0.9% today, and are now trading at a price of $36.25. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 9,246,386 compared to the stock's average volume of 10,369,836.
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 $51,981,774,848. Freeport-McMoRan currently offers its equity investors a dividend that yields 1.6% per year.
The company is now trading -20.22% away from its average analyst target price of $45.44 per share. The 18 analysts following the stock have set target prices ranging from $37.0 to $57.0, and on average give Freeport-McMoRan a rating of buy.
Over the last 12 months FCX shares have declined by -6.0%, which represents a difference of -23.0% when compared to the S&P 500. The stock's 52 week high is $46.73 per share and its 52 week low is $32.83. Based on Freeport-McMoRan's average net margin growth of 0.4% over the last 4 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 22,708,000 | 3,721,000 | 16 | -20.0 |
| 2022 | 22,780,000 | 4,479,000 | 20 | -13.04 |
| 2021 | 22,845,000 | 5,365,000 | 23 | 283.33 |
| 2020 | 14,198,000 | 865,000 | 6 | 700.0 |
| 2019 | 14,402,000 | -189,000 | -1 | -106.25 |
| 2018 | 18,628,000 | 2,909,000 | 16 |
