Freeport-McMoRan Inc. (NYSE:FCX) Receives Consensus Rating of “Buy” from Analysts

Shares of Freeport-McMoRan Inc. (NYSE:FCX) have earned a consensus recommendation of “Buy” from the twenty-two ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $58.40.

A number of brokerages have recently commented on FCX. Wells Fargo & Company lifted their price objective on Freeport-McMoRan from $55.00 to $64.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Hsbc Global Res raised Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Morgan Stanley set a $70.00 price objective on shares of Freeport-McMoRan in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Freeport-McMoRan in a report on Thursday, January 22nd. Finally, Sanford C. Bernstein downgraded shares of Freeport-McMoRan from an “outperform” rating to a “market perform” rating and boosted their target price for the company from $53.50 to $54.00 in a report on Friday, January 23rd.

Insider Buying and Selling at Freeport-McMoRan

In related news, CAO Ellie L. Mikes sold 9,572 shares of Freeport-McMoRan stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $47.66, for a total value of $456,201.52. Following the transaction, the chief accounting officer owned 38,761 shares in the company, valued at approximately $1,847,349.26. This trade represents a 19.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Stephen T. Higgins sold 28,423 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $47.99, for a total value of $1,364,019.77. Following the sale, the chief accounting officer directly owned 105,294 shares of the company’s stock, valued at approximately $5,053,059.06. This trade represents a 21.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.79% of the company’s stock.

Institutional Trading of Freeport-McMoRan

Institutional investors and hedge funds have recently bought and sold shares of the business. Citizens Financial Group Inc. RI raised its holdings in Freeport-McMoRan by 4.7% in the fourth quarter. Citizens Financial Group Inc. RI now owns 48,165 shares of the natural resource company’s stock valued at $2,446,000 after buying an additional 2,180 shares during the period. Activest Wealth Management increased its position in shares of Freeport-McMoRan by 238.9% in the fourth quarter. Activest Wealth Management now owns 1,149 shares of the natural resource company’s stock worth $58,000 after acquiring an additional 810 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of Freeport-McMoRan in the fourth quarter worth $43,000. US Bancorp DE raised its stake in shares of Freeport-McMoRan by 2.6% in the 4th quarter. US Bancorp DE now owns 173,194 shares of the natural resource company’s stock valued at $8,797,000 after acquiring an additional 4,314 shares during the period. Finally, Canandaigua National Bank & Trust Co. acquired a new position in shares of Freeport-McMoRan during the 4th quarter valued at $212,000. Institutional investors and hedge funds own 80.77% of the company’s stock.

Freeport-McMoRan Stock Performance

Shares of FCX opened at $60.20 on Monday. Freeport-McMoRan has a 1 year low of $27.66 and a 1 year high of $69.44. The company’s 50 day simple moving average is $52.04 and its 200 day simple moving average is $45.60. The company has a market capitalization of $86.44 billion, a price-to-earnings ratio of 39.87, a PEG ratio of 0.72 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 2.29.

Freeport-McMoRan (NYSE:FCX) last released its earnings results on Thursday, January 22nd. The natural resource company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.28 by $0.19. The firm had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.42 billion. Freeport-McMoRan had a net margin of 8.50% and a return on equity of 8.50%. During the same period in the previous year, the company earned $0.31 EPS. Freeport-McMoRan’s revenue for the quarter was down 1.5% on a year-over-year basis. On average, sell-side analysts predict that Freeport-McMoRan will post 1.68 EPS for the current year.

Freeport-McMoRan Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. Freeport-McMoRan’s payout ratio is currently 19.87%.

Freeport-McMoRan News Roundup

Here are the key news stories impacting Freeport-McMoRan this week:

• Positive Sentiment: Q4 earnings beat — Freeport reported adjusted EPS of $0.47, well above expectations, and solid revenue that confirmed margin leverage to higher copper prices. Inside Freeport’s Latest Earnings
• Positive Sentiment: Copper price rally — Supply disruptions in South America, China stimulus and accelerating EV/renewables demand are pushing copper higher, which benefits pure‑play producers like Freeport. 3 Top Copper Stocks to Watch as Copper Prices Skyrocket: BHP, FCX, SCCO
• Positive Sentiment: Structural demand theme — Analysts and market research highlight an AI‑driven scarcity premium for copper, reinforcing a multi‑year bull case for miners. Digging Into Demand: Copper’s Scarcity Premium Is Rising
• Positive Sentiment: Valuation upside flagged — A valuation piece suggests intrinsic value materially above current share price, supporting longer‑term upside. Freeport-McMoRan Inc.’s (NYSE:FCX) Intrinsic Value Is Potentially 74% Above Its Share Price
• Positive Sentiment: Unusually large call activity — Traders bought ~175k call contracts, signaling bullish positioning or hedged speculation that can amplify moves higher if sentiment flips.
• Neutral Sentiment: Analyst commentary roundup — Market notes and analyst insights on Freeport and peers provide mixed views on cost structure, growth projects and commodity exposure. Analysts Offer Insights on Materials Companies: Freeport-McMoRan (FCX) and Albemarle (ALB)
• Negative Sentiment: Operational uncertainty at Grasberg — Ongoing restart plans and recent disruptions keep production risk on the table, a headline risk that can trigger volatility. Freeport Beats Profit Views As Grasberg Restart Plan Refocuses Investor Debate
• Negative Sentiment: Profit‑taking and technical selling — After hitting all‑time highs, the stock drew selling pressure and high intraday volume, which can magnify a pullback even with positive fundamentals. Freeport McMoRan stock hits all-time high at 68.94 USD

About Freeport-McMoRan

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.