FCX - Freeport-McMoRan Inc.

NYSE - NYSE Delayed Price. Currency in USD
13.46
-0.19 (-1.39%)
At close: 4:01PM EDT

13.43 -0.03 (-0.22%)
After hours: 5:49PM EDT

Stock chart is not supported by your current browser
Previous Close13.65
Open13.65
Bid13.47 x 28000
Ask13.48 x 800
Day's Range13.26 - 13.69
52 Week Range9.60 - 18.40
Volume17,739,577
Avg. Volume21,508,532
Market Cap19.504B
Beta (3Y Monthly)1.48
PE Ratio (TTM)7.56
EPS (TTM)1.78
Earnings DateApr 25, 2019
Forward Dividend & Yield0.20 (1.55%)
Ex-Dividend Date2019-04-12
1y Target Est14.43
Trade prices are not sourced from all markets
  • Why Freeport’s Earnings Are Expected to Slump in Q1
    Market Realist7 hours ago

    Why Freeport’s Earnings Are Expected to Slump in Q1

    What to Expect from Freeport-McMoRan's Q1 Earnings(Continued from Prior Part)Freeport’s earnings Freeport-McMoRan’s (FCX) adjusted EBITDA are expected to fall to $856 million in the first quarter. It posted EBITDA of $885 million in the fourth

  • What to Expect from Freeport-McMoRan’s Q1 Earnings
    Market Realist9 hours ago

    What to Expect from Freeport-McMoRan’s Q1 Earnings

    What to Expect from Freeport-McMoRan's Q1 EarningsFreeport-McMoRanFreeport-McMoRan (FCX) is scheduled to release its first-quarter earnings on April 25. Analysts polled by Thomson Reuters expect the company to post revenues of $3.81 billion in the

  • What's in the Cards for Freeport (FCX) This Earnings Season?
    Zacks9 hours ago

    What's in the Cards for Freeport (FCX) This Earnings Season?

    Higher unit net cash costs for copper is likely to affect Freeport's (FCX) performance in Q1.

  • TheStreet.com2 days ago

    Freeport-McMoRan Is Switching Into Bull Market Mode

    Commodities are coming back alive in 2019. Since the calendar flipped to January, the popular S&P GSCI Commodity Index has surged nearly 19% higher, the best year-to-date start for the index in more than two decades. As commodity prices rise, commodity stocks' margins experience an operating leverage effect that investors are hungry for as analysts warn on the potential for profit margin compression elsewhere in the market.

  • Analysts Estimate Freeport-McMoRan (FCX) to Report a Decline in Earnings: What to Look Out for
    Zacks5 days ago

    Analysts Estimate Freeport-McMoRan (FCX) to Report a Decline in Earnings: What to Look Out for

    Freeport-McMoRan (FCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Thursday’s Vital Data: Intel, Netflix and Freeport McMoRan
    InvestorPlace5 days ago

    Thursday’s Vital Data: Intel, Netflix and Freeport McMoRan

    U.S. stock futures are rallying into the open this morning.Source: Shutterstock Futures on the Dow Jones Industrial Average are up 0.17% and S&P 500 futures are higher by 0.22%. Nasdaq-100 futures have added 0.18%.Resistance near last year's peak flexed its muscles Wednesday, thwarting the market rally. In the options pits, calls continued to dominate and overall volume climbed to above-average levels. Specifically, about 19.1 million calls and 14.6 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the single-session equity put/call volume ratio fell to 0.55. The 10-day moving average continued hovering near 0.60.Options traders swarmed in the following stocks: Intel (NASDAQ:INTC), Netflix (NASDAQ:NFLX) and Freeport McMoran (NYSE:FCX)Let's take a closer look: Intel (INTC)In yesterday's vital data we highlighted the unexpected settlement between Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM) that sent QCOM stock skyrocketing. It turns out Intel was another beneficiary to the news. With AAPL officially befriending Qualcomm for all of its 5G needs, Intel decided to abandon its efforts at developing cellphone modems designed for 5G internet. * 10 Best Stocks to Buy and Hold Forever Rather than punishing Intel for the lost opportunity, investors are rewarding the chipmaker for exiting what was likely to be an unprofitable venture.With Wednesday's 3.26% gain, INTC stock closed at a fresh 19-year high. Its uptrend is on solid footing heading into next week's earnings announcement.On the options trading front, calls ruled the roost. Activity swelled to 447% of the average daily volume, with 280,589 total contracts traded. Calls claimed 63% of the day's take.The pre-earnings volatility ramp continued with a rise to 31% or the 44th percentile of its one-year range. Premiums are pricing in daily moves of $1.14 or 1.9%. Netflix (NFLX)Netflix entered its earnings release with the specter of Disney's (NYSE:DIS) Disney Plus hanging over its head. Fortunately for the streaming king, its quarterly numbers were sufficient to lay investor fears to rest for now. NFLX stock ended the day down 1.31%, which is an extremely quiet reaction compared to some of its monster gaps from past quarters.For the first quarter, Netflix earned 76 cents per share compared to analyst expectations of 57 cents. Revenue also came in above expectations at $4.52 billion versus 4.50 billion.On the options trading front, calls outpaced puts by a slim margin despite the day's descent. Total activity climbed to 241% of the average daily volume, with 392,668 contracts traded. Calls accounted for 55% of the sum.Traders were baking in an earnings gap of 6.5%, so the 1.31% slide came in well below expectations. Chalk this quarter up to a massive win for volatility sellers. Freeport McMoRan (FCX)FCX stock was percolating on Thursday as traders jockeyed for positions ahead of its earnings announcement. The copper and gold company traded up 5% before profit-taking slammed it back to unchanged on the day.This year's recovery has taken FCX shares up some 40% to reclaim the high side of its 200-day moving average. The 20-day and 50-day moving averages are also rising loyally beneath to confirm buyers have wrested control of the short- and intermediate-term trends. Bulls shouldn't rest on their laurels, however. The past four earnings announcements have generated intense selling pressure. Here's to hoping next week's event doesn't undo this year's progress.On the options trading front, traders came after calls with a vengeance. Activity jumped to 385% of the average daily volume, with 192,024 total contracts traded. 86% of the trading came from call options alone.Implied volatility rallied to 47% placing it at the 36th percentile of its one-year range. Premiums are pricing in daily moves of 42 cents or 3%.As of this writing, Tyler Craig held neutral options positions in Disney. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Thursday's Vital Data: Intel, Netflix and Freeport McMoRan appeared first on InvestorPlace.

  • Top 5 Copper Stocks for 2019
    Investopedia6 days ago

    Top 5 Copper Stocks for 2019

    With copper prices declining after a period of strength, it is important to look for stability and safety in copper-related investments.

  • 10 Stocks With Upside As Bull Rally Gets Pricey
    Investopedia11 days ago

    10 Stocks With Upside As Bull Rally Gets Pricey

    These stocks, neglected by Wall Street, have the potential to post significant gains according to Jefferies.

  • Options Traders Expect Huge Moves in Freeport-McMoRan (FCX) Stock
    Zacks11 days ago

    Options Traders Expect Huge Moves in Freeport-McMoRan (FCX) Stock

    Investors need to pay close attention to Freeport-McMoRan (FCX) stock based on the movements in the options market lately.

  • Why Is Barclays Optimistic on the Iron Ore Price Outlook?
    Market Realist12 days ago

    Why Is Barclays Optimistic on the Iron Ore Price Outlook?

    Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Barclays upgrades iron ore price forecast Barclays is optimistic about the iron ore price outlook given the supply disruptions from Australian miners as well as Vale’s

  • Reuters14 days ago

    CRU-CESCO-Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg mine -CEO

    Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday. The strategy underscores Freeport's desire to keep Grasberg, one of the world's largest mines, the crown jewel of its operations even amid the complex task of excavating the largest underground mine ever developed at a cost of more than $15 billion. "For two years, we're going to be focused on this transition," CEO Richard Adkerson said on the sidelines of the World Copper Conference in Santiago.

  • The Zacks Analyst Blog Highlights: Berkshire Hathaway, AT&T, salesforce, Facebook and Freeport-McMoRan
    Zacks14 days ago

    The Zacks Analyst Blog Highlights: Berkshire Hathaway, AT&T, salesforce, Facebook and Freeport-McMoRan

    The Zacks Analyst Blog Highlights: Berkshire Hathaway, AT&T, salesforce, Facebook and Freeport-McMoRan

  • Top Research Reports for Berkshire Hathaway, AT&T & salesforce
    Zacks15 days ago

    Top Research Reports for Berkshire Hathaway, AT&T & salesforce

    Top Research Reports for Berkshire Hathaway, AT&T; & salesforce

  • How Freeport-McMoRan (FCX) Stock Stands Out in a Strong Industry
    Zacks15 days ago

    How Freeport-McMoRan (FCX) Stock Stands Out in a Strong Industry

    Freeport-McMoRan (FCX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • InvestorPlace18 days ago

    3 Big Stock Charts for Friday: Freeport-McMoRan, Morgan Stanley and Hartford Financial Services Group

    It was another win for the market yesterday, but just barely. The S&P 500 edged 0.21% higher, still struggling with the weight of the impressive gains seen since late December.Dow (NYSE:DOW) led the way, gaining another 5% as investors continue to celebrate its split with DowDuPont (NYSE:DWDP). At the other end of the spectrum, Tesla (NASDAQ:TSLA) fell more than 8% following a first-quarter delivery report that was shockingly lower than its fourth quarter figures.Headed into the final trading day of the week, it's the stock charts of Hartford Financial Services Group (NYSE:HIG), Freeport-McMoRan (NYSE:FCX) and Morgan Stanley (NYSE:MS) that are of the most interest.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Morgan Stanley (MS)In mid-March, Morgan Stanley shares had proven they were range-bound. Although the bulls had proven they were willing to take their shot, they hadn't proven that could actually get MS stock over the proverbial hump. On the other hand, at least Morgan Stanley stock was finding support in all the right places, remaining in the hunt for yet another breakout effort. * 7 Biometric Stocks to Watch as AI Rises The effort the buyers made on Thursday has pushed MS shares just a hair above a nagging resistance line and is challenging another one. One more good day could do the trick, although realistically speaking, Morgan Stanley will still likely need to fall back again before putting in the breakout effort that takes hold once and for all. Click to Enlarge • The technical ceiling that has been cleared is the $45 area, where MS peaked in January and again in March. It's plotted in yellow on both stock charts.• Shares of Morgan Stanley are also testing the white 200-day moving average line, but clearly paused there when put to the test.• Although momentum has actually been building for weeks, between Wednesday's opening gap (highlighted on the daily chart) and waning volume on the way up, the bulls may need to slide back first and fill in that gap before punching through the big ceiling. Freeport-McMoRan (FCX)The last time we looked at Freeport-McMoRan back on March 21, it had just pushed off of support offered by its 50-day moving average as part of the bigger-picture rebound effort that began in January. At the time, however, it wasn't above the more pivotal line in the sand.That's happened in the meantime. While it took some time and work, Thursday's session cleared a huge technical hurdle. Click to Enlarge• That ceiling was the 200-day moving average line, plotted in white on both stock charts. It was resistance in February, but was unable to hold the buyers back this time around.• Bolstering the bullish case are not one but two instances of support at the purple 50-day moving average line. Each is highlighted on the daily chart.• Zooming out to the weekly chart, we can clearly see the downtrend that shaped most of 2018's selling, framed by blue lines, has been broken, yielding to a new, bullish trading range plotted by red lines on the same chart. Hartford Financial Services Group (HIG)Like most other names, Hartford Financial Services Group enjoyed a fantastic January and February, erasing a miserable October through December. But also like most stocks, HIG stock has been stagnant since March, mostly moving sideways.That has changed this week though, and decisively so on Thursday. Shares are up and over a pretty big technical hurdle, and they've cleared it with some compelling underpinnings. Click to Enlarge • The hurdle in question is $49.70, plotted in yellow on both stock charts. That level had been resistance a few times over the past few weeks, but yesterday's close of $50 puts in in the rearview mirror.• Zooming out to the weekly chart we can see the $49.70 area has been a ceiling before, as well as support.• The clincher is the "golden cross" plotted on the daily chart. That's where the purple 50-day moving average line has crossed back above the white 200-day moving average, hinting at a new bullish uptrend.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post 3 Big Stock Charts for Friday: Freeport-McMoRan, Morgan Stanley and Hartford Financial Services Group appeared first on InvestorPlace.

  • Reuters19 days ago

    Explainer: How countries are getting tougher with mining companies

    A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalise a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.

  • Hedge Funds Are Bullish On Freeport-McMoRan Inc. (FCX)
    Insider Monkey19 days ago

    Hedge Funds Are Bullish On Freeport-McMoRan Inc. (FCX)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]

  • Reuters19 days ago

    EXPLAINER-How countries are getting tougher with mining companies

    A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalise a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.

  • CNBC21 days ago

    Your first trade for Tuesday, April 2

    The "Fast Money" traders share their first moves for the market open.

  • MoneyShow25 days ago

    Like Electric Cars Buy Copper Chips

    There has been a great increase in the news lately about electric cars. Nearly every major automaker is introducing new models or is about to do so, explains Jim Powell, international growth stock specialist and editor of Global Changes & Opportunities Report.

  • Freeport-McMoRan’s Valuation: What’s Priced In?
    Market Realist26 days ago

    Freeport-McMoRan’s Valuation: What’s Priced In?

    Freeport-McMoRan: Bulls Short of Ideas amid Macro Uncertainty(Continued from Prior Part)Freeport-McMoRan’s valuation Freeport-McMoRan (FCX) is valued at 9.4 times its 2019 expected EBITDA and 7.0 times its 2020 expected EBITDA. This valuation looks

  • Freeport-McMoRan: Bulls Short of Ideas amid Macro Uncertainty
    Market Realist26 days ago

    Freeport-McMoRan: Bulls Short of Ideas amid Macro Uncertainty

    Freeport-McMoRan: Bulls Short of Ideas amid Macro UncertaintyFreeport-McMoRan Leading US-based copper miner Freeport-McMoRan (FCX) has been trading largely sideways this month, which is not surprising, considering copper price trends. Although copper

  • Business Wire27 days ago

    Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock

    Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on May 1, 2019 to holders of record as of April 15, 2019 for its common stock.

  • Better Copper Stock: Freeport McMoRan or Southern Copper
    Motley Foollast month

    Better Copper Stock: Freeport McMoRan or Southern Copper

    Freeport McMoRan makes more headlines, but don't look at the miner without also examining peer Southern Copper -- boring is sometimes better.

  • Final Trades: UNH, FCX & more
    CNBC Videos5 days ago

    Final Trades: UNH, FCX & more

    The Fast Money traders on the stocks they'll be watching next week.