FCX - Freeport-McMoRan Inc.
| Previous Close | 11.49 |
| Open | 11.56 |
| Bid | 11.50 x 28000 |
| Ask | 11.75 x 3000 |
| Day's Range | 11.52 - 11.62 |
| 52 Week Range | 9.47 - 16.62 |
| Volume | 944,461 |
| Avg. Volume | 20,102,760 |
| Market Cap | 16.806B |
| Beta (3Y Monthly) | 1.82 |
| PE Ratio (TTM) | 8.72 |
| EPS (TTM) | 1.33 |
| Earnings Date | Jul 24, 2019 |
| Forward Dividend & Yield | 0.20 (1.74%) |
| Ex-Dividend Date | 2019-07-12 |
| 1y Target Est | 13.44 |
- Simply Wall St.•3 hours ago
Looking At Freeport-McMoRan Inc. (NYSE:FCX) From All Angles
I've been keeping an eye on Freeport-McMoRan Inc. (NYSE:FCX) because I'm attracted to its fundamentals. Looking at the...
- Market Realist•yesterday
What to Expect from Freeport-McMoRan’s Q2 Earnings
Freeport-McMoRan (FCX), the largest publicly traded copper miner, is expected to release its second-quarter earnings results on June 24.
- GuruFocus.com•4 days ago
Stocks Trending Higher Friday
Skechers U.S.A. jumps on financial results Continue reading...
- Zacks•4 days ago
Will Lower Copper Prices Dent Freeport's (FCX) Q2 Earnings?
Lower copper prices and higher costs are likely to hurt Freeport's (FCX) results in Q2.
- Zacks•6 days ago
Earnings Preview: Freeport-McMoRan (FCX) Q2 Earnings Expected to Decline
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.
- Market Realist•8 days ago
Is an ‘Earnings Recession’ on the Horizon?
Is the market rally justified? Corporate earnings are at the lowest level this year. We might be heading into an "earnings recession."
- American City Business Journals•8 days ago
Arizona's most-profitable public companies raked in billions in 2018
The top 25 most-profitable public companies in Arizona put up hefty profits on their balance sheets during 2018, according to Business Journal research.
- Market Realist•11 days ago
Freeport-McMoRan Gets an Upgrade: Is the Tide Turning?
Yesterday, Deutsche Bank upgraded Freeport-McMoRan to a “buy” from a “hold” and raised the stock’s target price from $12.5 to $13.5.
- MarketWatch•13 days ago
S&P 500 index tops 3,000 for first time — here’s how the stock market got here and what it means
Five years in the making. That is essentially the time it has taken for the S&P 500 to hit a milestone mark at 3,000 for the first time in its history. The stock gauge first closed at 2,000 on Aug. 26, 2014, according to Dow Jones Market Data.
- Markit•14 days ago
See what the IHS Markit Score report has to say about Freeport-McMoRan Inc.
Freeport-McMoRan Inc NYSE:FCXView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for FCX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $4.30 billion over the last one-month into ETFs that hold FCX are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. FCX credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Investopedia•17 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.
- Investor's Business Daily•18 days ago
Top Mining Stocks Sink As China Probes This 'Abnormal' Activity
China's top steel industry group has asked the government to look into an "abnormal" rise in iron ore prices.
- Simply Wall St.•18 days ago
What does Freeport-McMoRan Inc.'s (NYSE:FCX) Balance Sheet Tell Us About Its Future?
The size of Freeport-McMoRan Inc. (NYSE:FCX), a US$16b large-cap, often attracts investors seeking a reliable...
- GuruFocus.com•21 days ago
Freeport-McMoRan Achieves Milestone in Indonesia
The miner confirms guidance for 2019 consolidated sales volumes
- Zacks•21 days ago
Freeport (FCX) Provides Operational Update, Revises Q2 View
For Q2, Freeport (FCX) projects consolidated copper sales volumes to approximate April 2019 estimates of 800 million pounds. However, gold sales are forecast to be lower than previous view.
- Motley Fool•22 days ago
Why Freeport-McMoRan, Coty, and Adaptive Biotechnologies Slumped Today
Despite a strong day for the market, these stocks lagged behind.
- Market Realist•22 days ago
The Good and the Bad News about Freeport’s Q2 Update
Today, Freeport-McMoRan (FCX) provided operating and financial updates for its second-quarter performance. Here's what you need to know.
- Bloomberg•22 days ago
Freeport Sags as Copper Price, Output Dent Second-Quarter View
(Bloomberg) -- Freeport-McMoRan Inc. fell the most in seven weeks after the miner said lower copper prices and reduced production at its Indonesian operation will trim second-quarter sales and earnings.Freeport expects to generate adjusted earnings before interest, taxes and depreciation of about $430 million in the quarter “and to record an approximate 5-cent per share loss to net income before any non-recurring items,” the company said in a statement Monday. Jefferies LLC had forecast the company to report EBITDA of $774 million and per-share profit of 16 cents.Copper sales will be recorded at an average of about $2.73 a pound, below analysts’ estimates of $2.95, the company said. The Grasberg site in Indonesia opened an additional mining area during the quarter, delaying access to high-grade material and trimming copper and gold output. That will result in higher unit net cash costs than previously estimated.“We see this could also be a potential warning across the copper-gold sector of rising cash costs, unless the recent price recovery of the metals is sustained during 2H,’’ Eily Ong, an analyst at Bloomberg Intelligence, said in a note.Copper prices in London fell about 11% in the second quarter from the same period a year earlier as concerns over the U.S.-China trade war and the prospect of slowing global economies eroded investor demand.The Phoenix-based company expects consolidated sales for the year to be in line with the April estimates of 3.3 billion pounds of copper and 800,000 ounces of gold.Freeport fell as much as 6.5% to $10.86 a share in New York, the biggest intraday decline since May 13.To contact the reporter on this story: Joe Richter in New York at jrichter1@bloomberg.netTo contact the editors responsible for this story: Luzi Ann Javier at ljavier@bloomberg.net, Joe RichterFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Market Realist•22 days ago
The Good News and the Bad News about Freeport’s Q2 Update
Today, Freeport-McMoRan (FCX) provided operating and financial updates for its second-quarter performance. Here's what you need to know.
- MarketWatch•22 days ago
Freeport-McMoRan's stock drops after lowered outlook, citing drop in copper prices
Shares of Freeport-McMoRan Inc. dropped 4.8% in morning trading Monday, after the metals miner lowered its second-quarter outlook given the drop in average copper prices during the quarter. The company said copper prices averaged $2.77 per pound on the London Metal Exchange during the second quarter, compared with the average price of $2.94 a pound recorded at the end of the first quarter. The metals miner expects the impact of lower copper prices to lower second-quarter revenue by about $85 million. The company said current analyst estimates reflect an average copper price of about $2.95 a pound. As a result, Freeport-McMoRan said it estimates the impact on second-quarter revenue of lower copper prices, including adjustments for provisionally priced sales recorded at March 31, to be about $260 million. The company said it expects to record a loss of 5 cents a share to net income as a result of the estimated prices. Freeport-McMoRan's stock has shed 15.7% over the past three months through Friday, while the SPDR Materials Select Sector ETF has gained 4.2% and the S&P 500 has tacked on 3.8%.
- Reuters•22 days ago
UPDATE 2-Freeport-McMoRan expects Q2 loss, cuts gold sales outlook
Freeport-McMoRan Inc said on Monday it expects to report a loss in the second quarter, hit by lower gold production, weaker copper prices and higher costs, sending the U.S. miner's shares down nearly 6%. The shares were further pressurized as gold prices fell following signs of easing trade tensions between the United States and China that reduced the attraction of safe-haven assets. Freeport also cut its gold sales outlook for the quarter ended June 30 to about 190,000 ounces from 265,000 ounces.
- Business Wire•22 days ago
Freeport-McMoRan Provides Update
Freeport-McMoRan Inc. (FCX) today provided an update on its operations and outlook at PT Freeport Indonesia (PT-FI), affirmed its April 2019 guidance for 2019 consolidated copper and gold sales volumes and provided revised estimates for second-quarter 2019. During second-quarter 2019, PT-FI achieved important milestones with respect to its newly commissioned underground mining operations in the Grasberg minerals district in Papua, Indonesia. PT-FI has commenced extraction of ore from the Grasberg Block Cave underground mine, which is the same ore body historically mined from the surface in the open pit.
- Business Wire•27 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 August 1, 2019 to holders of record as of July 15, 2019 for its common stock.
- Investopedia•28 days ago
What to Know About Copper Investing (FCX, FM.TO)
Copper investing is driven by the fact that it's an overlooked metal with important worldwide applications.
