Freeport-McMoRan Copper & Gold (FCX) to Release Quarterly Earnings on Wednesday
Freeport-McMoRan Copper & Gold (NYSE:FCX) is set to announce its Q413 earnings results on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.81 per share and revenue of $6.39 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Shares of Freeport-McMoRan Copper & Gold (NYSE:FCX) opened at 36.19 on Tuesday. Freeport-McMoRan Copper & Gold has a one year low of $26.37 and a one year high of $38.09. The stock’s 50-day moving average is $35.71 and its 200-day moving average is $33.34. The company has a market cap of $37.571 billion and a price-to-earnings ratio of 13.49.
The company also recently declared a quarterly dividend, which is scheduled for Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Monday, January 13th.
A number of research firms have recently commented on FCX. Analysts at FBR Capital Markets reiterated a “marketperform” rating on shares of Freeport-McMoRan Copper & Gold in a research note to investors on Tuesday, January 14th. They now have a $40.00 price target on the stock. Finally, analysts at Sanford C. Bernstein initiated coverage on shares of Freeport-McMoRan Copper & Gold in a research note to investors on Thursday, December 12th. They set an “outperform” rating and a $42.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $39.13.
Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) is an international mining company.
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