Today, Freeport-McMoRan Inc (NYSE: FCX) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Copper industry segment. The current market capitalization of Freeport-McMoRan Inc is $62.79B. A total of 8.73 million shares were traded on the day, compared to an average of 11.41M shares.

In the most recent transaction, Robertson Maree E. sold 13,000 shares of FCX for 44.91 per share on Nov 11 ’24. After the transaction, the EVP & CFO now owns 68,198 company shares. In a previous transaction on Nov 11 ’24, Robertson Maree E. bought 13,000 shares at 44.91 per share.

Among the insiders who sold shares, Higgins Stephen T. disposed of 80,000 shares on May 13 ’24 at a per-share price of $52.03. This resulted in the Senior VP & CAO holding 104,377 shares of FCX after the transaction. In another insider transaction, ADKERSON RICHARD C sold 54,771 shares at $50.78 per share on May 06 ’24. Company shares held by the Chairman of the Board & CEO now total 3,652,478.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Freeport-McMoRan Inc pays an annual dividend of $0.45, resulting in a dividend yield of 1.03%, and it has a price to earnings (P/E) ratio of 31.80. FCX’s most recent ex-dividend date was 10/15/2024 when it declared a $0.0750 quarterly dividend that was paid in cash on 11/1/2024. Previously, the company paid the dividend on 8/1/2024 with an ex-dividend date of 7/15/2024. The FCX stock dividend was $0.15 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, FCX has a high of $55.07 and a low of $35.81.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FCX’s latest balance sheet shows that the firm has $8.07B in Cash & Short Term Investments as of fiscal 2021. There were $9.77B in debt and $5.89B in liabilities at the time. Its Book Value Per Share was $12.21, while its Total Shareholder’s Equity was $23.02B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FCX is Buy with a score of 4.18.

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