Shares of Freeport-McMoRan have moved 3.1% today, and are now trading at a price of $44.66. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 11,795,190 compared to the stock's average volume of 11,772,930.
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 27,200 full time employees and a market cap of $64,170,168,320. Freeport-McMoRan currently offers its equity investors a dividend that yields 1.4% per year.
The company is now trading -8.82% away from its average analyst target price of $48.98 per share. The 18 analysts following the stock have set target prices ranging from $38.75 to $56.67, and on average give Freeport-McMoRan a rating of buy.
Over the last 52 weeks, FCX stock has risen 14.6%, which amounts to a -12.5% difference compared to the S&P 500. The stock's 52 week high is $55.24 whereas its 52 week low is $32.83 per share. Based on Freeport-McMoRan's average net margin growth of 0.4% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 22,855,000 | 3,751,000 | 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 | 2,894,000 | 16 |
