Freeport-McMoRan (SWX:FCX) - Stock Price, News & Analysis

FCX Stock Overview

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia.

FCX fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 20.1% below our estimate of its fair value

Earnings are forecast to grow 24.8% per year

Risk Analysis

Profit margins (8.1%) are lower than last year (15.2%)

Freeport-McMoRan Inc. Competitors

Sika

SWX:SIKA

CHF41.3b

Holcim

SWX:HOLN

CHF43.5b

Givaudan

SWX:GIVN

CHF36.4b

EMS-CHEMIE HOLDING

SWX:EMSN

CHF16.4b

Price History & Performance

Summary of all time highs, changes and price drops for Freeport-McMoRan
Historical stock prices
Current Share Price	US$10.00
52 Week High	US$0
52 Week Low	US$0
Beta	2.06
1 Month Change	0%
3 Month Change	-9.09%
1 Year Change	-9.91%
3 Year Change	-9.91%
5 Year Change	-20.82%
Change since IPO	-64.51%

Recent updates

Shareholder Returns

	FCX	CH Metals and Mining	CH Market
7D	0%	-1.4%	-0.9%
1Y	-9.9%	-0.7%	-4.0%

Return vs Industry: FCX underperformed the Swiss Metals and Mining industry which returned -0.7% over the past year.

Return vs Market: FCX underperformed the Swiss Market which returned -4% over the past year.

Price Volatility

Is FCX's price volatile compared to industry and market?
FCX volatility
FCX Average Weekly Movement	2.6%
Metals and Mining Industry Average Movement	6.2%
Market Average Movement	3.5%
10% most volatile stocks in CH Market	7.4%
10% least volatile stocks in CH Market	1.9%

Stable Share Price: FCX has not had significant price volatility in the past 3 months.

Volatility Over Time: FCX's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	27,200	Richard Adkerson	fcx.com

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company’s assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Freeport-McMoRan Inc. Fundamentals Summary

How do Freeport-McMoRan's earnings and revenue compare to its market cap?
FCX fundamental statistics
Market cap	CHF64.04b
Earnings (TTM)	CHF1.68b
Revenue (TTM)	CHF20.85b

38.1x

P/E Ratio

3.1x

P/S Ratio

Is FCX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FCX income statement (TTM)
Revenue	US$22.86b
Cost of Revenue	US$13.63b
Gross Profit	US$9.23b
Other Expenses	US$7.39b
Earnings	US$1.84b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.28
Gross Margin	40.38%
Net Profit Margin	8.06%
Debt/Equity Ratio	34.5%

How did FCX perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

47%

Payout Ratio

FCX Stock Overview

Rewards

Risk Analysis

Freeport-McMoRan Inc. Competitors

SWX:SIKA

CHF41.3b

SWX:HOLN

CHF43.5b

SWX:GIVN

CHF36.4b

SWX:EMSN

CHF16.4b

Price History & Performance

Recent News & Updates

Fourth quarter dividend of US$0.075 announced

Freeport-McMoRan Inc. Declares Quarterly Cash Dividends on Common Stock, Payable on May 1, 2024

Freeport-McMoRan Inc. Announces Chief Executive Officer Changes

Freeport-McMoRan Inc. Provides Consolidated Sales Guidance for the First-Quarter and Full Year of 2024

Full year 2023 earnings released: EPS: US$1.28 (vs US$2.40 in FY 2022)

Upcoming dividend of US$0.15 per share at 1.5% yield

Recent updates

Fourth quarter dividend of US$0.075 announced

Freeport-McMoRan Inc. Declares Quarterly Cash Dividends on Common Stock, Payable on May 1, 2024

Freeport-McMoRan Inc. Announces Chief Executive Officer Changes

Freeport-McMoRan Inc. Provides Consolidated Sales Guidance for the First-Quarter and Full Year of 2024

Full year 2023 earnings released: EPS: US$1.28 (vs US$2.40 in FY 2022)

Upcoming dividend of US$0.15 per share at 1.5% yield

Freeport-McMoRan Inc. Declares Quarterly Cash Dividends on Common Stock, Payable on February 1, 2024

Third quarter 2023 earnings released: EPS: US$0.32 (vs US$0.28 in 3Q 2022)

Upcoming dividend of US$0.15 per share at 1.7% yield

Freeport-Mcmoran Declares Quarterly Cash Dividends, Payable on November 1, 2023

Second quarter 2023 earnings released: EPS: US$0.24 (vs US$0.58 in 2Q 2022)

Upcoming dividend of US$0.15 per share at 1.5% yield

Now 20% undervalued

Insider recently bought CHF125k worth of stock

Freeport-McMoRan Inc. Provides Update on PT Freeport Indonesia Operations

Freeport-McMoRan Inc. Announces Appointment of Kathleen L. Quirk to Its Board of Directors

Full year 2022 earnings released: EPS: US$2.39 (vs US$2.93 in FY 2021)

Upcoming dividend of US$0.075 per share

Freeport-McMoRan Inc. Declares Quarterly Cash Dividend, Payable on February 1, 2023

Freeport Reportedly in Talks to Buy Arizona Smelter

Third quarter 2022 earnings released: EPS: US$0.28 (vs US$0.95 in 3Q 2021)

Upcoming dividend of US$0.15 per share

Freeport-Mcmoran Inc. Declares Quarterly Cash Dividends on Common Stock, Payable on November 1, 2022

Insider recently bought CHF958k worth of stock

Independent Director recently bought CHF83k worth of stock

Second quarter 2022 earnings released: EPS: US$0.58 (vs US$0.73 in 2Q 2021)

Upcoming dividend of US$0.15 per share

Freeport-Mcmoran Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on August 1, 2022

Insider recently bought CHF480k worth of stock

High number of new directors

Freeport-McMoRan Inc., Annual General Meeting, Jun 09, 2022

Upcoming dividend of US$0.15 per share

Freeport-Mcmoran Inc. Appoints Hugh Grant to Serve on the Compensation Committee of the Board

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.15 per share

Third quarter 2021 earnings released: EPS US$0.94 (vs US$0.22 in 3Q 2020)

Upcoming dividend of US$0.075 per share

High number of new directors

Second quarter 2021 earnings released: EPS US$0.73 (vs US$0.036 in 2Q 2020)

Second quarter 2021 earnings released: EPS US$0.73 (vs US$0.036 in 2Q 2020)

Upcoming dividend of US$0.075 per share

Freeport-McMoRan Inc.(NYSE:FCX) dropped from Russell Midcap Index

Independent Non-Executive Director recently sold CHF669k worth of stock

VP & Controller of Financial Reporting recently sold CHF189k worth of stock

Independent Non-Executive Director recently sold CHF122k worth of stock

Freeport-Mcmoran Inc. Provides Consolidated Operating Guidance for the Year 2021

First quarter 2021 earnings released: EPS US$0.48 (vs US$0.34 loss in 1Q 2020)

Upcoming dividend of US$0.075 per share

Independent Non-Executive Director recently sold CHF9.2m worth of stock

VP & Controller of Financial Reporting recently sold CHF220k worth of stock

Full year 2020 earnings released: EPS US$0.41 (vs US$0.17 loss in FY 2019)

Revenue beats expectations

Freeport-McMoRan Inc. Announces Board Changes

Full year 2020 earnings released: EPS US$0.41 (vs US$0.17 loss in FY 2019)

Revenue beats expectations

New 90-day low: CHF11.10

New 90-day high: CHF11.74

VP & Controller of Financial Reporting recently sold CHF46k worth of stock

Revenue beats expectations