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

Posted by Brian Himes on Sep 20th, 2026

Shares of Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $70.2909.

FCX has been the topic of several analyst reports. Barclays increased their target price on Freeport-McMoRan from $80.00 to $82.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. HSBC boosted their target price on shares of Freeport-McMoRan from $72.00 to $75.00 in a research report on Friday, June 12th. BNP Paribas Exane increased their price target on shares of Freeport-McMoRan from $71.00 to $82.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Citigroup reissued a “positive” rating on shares of Freeport-McMoRan in a research note on Wednesday, July 15th. Finally, Wall Street Zen cut Freeport-McMoRan from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th.

Check Out Our Latest Report on Freeport-McMoRan

Freeport-McMoRan Trading Up 0.9%

FCX stock opened at $71.52 on Tuesday. Freeport-McMoRan has a 52 week low of $35.15 and a 52 week high of $80.24. The company has a market capitalization of $102.70 billion, a PE ratio of 35.23, a price-to-earnings-growth ratio of 0.70 and a beta of 1.41. The company’s 50-day simple moving average is $68.63 and its 200 day simple moving average is $64.83. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.92 and a current ratio of 2.07.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The natural resource company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.12. The firm had revenue of $7.03 billion for the quarter, compared to analyst estimates of $6.62 billion. Freeport-McMoRan had a return on equity of 10.63% and a net margin of 11.39%.The company’s revenue was down 7.3% on a year-over-year basis. During the same quarter last year, the company earned $0.54 EPS. As a group, sell-side analysts anticipate that Freeport-McMoRan will post 2.82 earnings per share for the current year.

Freeport-McMoRan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Wednesday, July 15th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, July 15th. Freeport-McMoRan’s payout ratio is currently 14.78%.

Insider Activity

In related news, Director Lydia Kennard sold 3,798 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $79.11, for a total value of $300,459.78. Following the transaction, the director directly owned 122,702 shares in the company, valued at $9,706,955.22. This trade represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Douglas Currault, II sold 80,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $78.56, for a total transaction of $6,284,800.00. Following the completion of the sale, the executive vice president owned 211,016 shares in the company, valued at $16,577,416.96. This represents a 27.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 110,398 shares of company stock worth $8,387,271 over the last quarter. Company insiders own 0.73% of the company’s stock.

Institutional Trading of Freeport-McMoRan

A number of institutional investors and hedge funds have recently modified their holdings of the business. Pinnacle Bancorp Inc. lifted its stake in Freeport-McMoRan by 7.9% in the first quarter. Pinnacle Bancorp Inc. now owns 2,011 shares of the natural resource company’s stock valued at $118,000 after purchasing an additional 147 shares during the last quarter. Steph & Co. increased its position in Freeport-McMoRan by 43.7% in the first quarter. Steph & Co. now owns 493 shares of the natural resource company’s stock worth $29,000 after buying an additional 150 shares during the last quarter. Richardson Financial Services Inc. raised its stake in shares of Freeport-McMoRan by 11.6% in the second quarter. Richardson Financial Services Inc. now owns 1,539 shares of the natural resource company’s stock valued at $97,000 after buying an additional 160 shares during the period. Essex Bank raised its stake in shares of Freeport-McMoRan by 1.2% in the first quarter. Essex Bank now owns 14,104 shares of the natural resource company’s stock valued at $829,000 after buying an additional 163 shares during the period. Finally, Fiduciary Financial Group LLC raised its stake in Freeport-McMoRan by 2.6% in the 2nd quarter. Fiduciary Financial Group LLC now owns 6,788 shares of the natural resource company’s stock valued at $427,000 after acquiring an additional 173 shares during the period. 80.77% of the stock is owned by hedge funds and other institutional investors.

Freeport-McMoRan Company Profile

(Get Free Report)

Freeport-McMoRan Inc is a global mining company focused primarily on the exploration, development and production of copper, gold and molybdenum. Copper is its principal product and is used in electrical wiring, construction, transportation, industrial equipment and renewable-energy technologies. The company also produces gold as a byproduct of its copper operations and molybdenum, an alloying metal used in steelmaking and other industrial applications.

Freeport-McMoRan operates major mining and processing assets in North America, South America and Indonesia.