In the last trading session, 7.46 million Freeport-McMoRan Inc (NYSE:FCX) shares changed hands as the company’s beta touched 1.63. With the company’s per share price at $42.19 changed hands at -$0.15 or -0.35% during last session, the market valuation stood at $60.59B. FCX’s last price was a discount, traded about -23.99% off its 52-week high of $52.31. The share price had its 52-week low at $27.60, which suggests the last value was 34.58% up since then.
Analysts gave the Freeport-McMoRan Inc (FCX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.74. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended FCX as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight.
Freeport-McMoRan Inc (NYSE:FCX) trade information
Instantly FCX was in red as seen at the end of in last trading. With action 4.85%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 11.25%, with the 5-day performance at 4.85% in the green. However, in the 30-day time frame, Freeport-McMoRan Inc (NYSE:FCX) is 11.44% up.
The consensus price target for the stock as assigned by Wall Street analysts is 45.5, meaning bulls need an upside of 7.27% from its current market value. According to analyst projections, FCX’s forecast low is 39 with 52 as the target high. To hit the forecast high, the stock’s price needs a -23.25% plunge from its current level, while the stock would need to tank 7.56% for it to hit the projected low.
FCX Dividends
Freeport-McMoRan Inc is expected to release its next quarterly earnings report in July. The 0.71% annual yield figure for the share gives it an annual dividend of 0.30. It is important to note, however, that the 0.71% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Freeport-McMoRan Inc (NYSE:FCX)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.5409% or 108.29 million shares worth $5.26 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund. With 45.39 shares estimated at $1.92 billion under it, the former controlled 3.16% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.78% of the shares, roughly 39.93 shares worth around $1.68 billion.
