Freeport-McMoRan (NYSE:FCX) Issues Quarterly Earnings Results

Freeport-McMoRan (NYSE:FCX) posted its quarterly earnings results on Thursday. The natural resource company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.19, FiscalAI reports. The firm had revenue of $5.63 billion for the quarter, compared to analysts’ expectations of $5.42 billion. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 EPS.

Freeport-McMoRan Stock Performance

Freeport-McMoRan stock traded down $1.39 during mid-day trading on Thursday, reaching $59.19. 8,747,156 shares of the stock traded hands, compared to its average volume of 20,780,205. The business’s 50-day moving average is $49.00 and its 200-day moving average is $44.81. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.45 and a quick ratio of 1.19. The stock has a market capitalization of $85.00 billion, a PE ratio of 41.68, a price-to-earnings-growth ratio of 0.71 and a beta of 1.45. Freeport-McMoRan has a 12-month low of $27.66 and a 12-month high of $62.13.

Freeport-McMoRan Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of $0.075 per share. The ex-dividend date is Thursday, January 15th. This represents a $0.30 annualized dividend and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio is currently 21.13%.

Freeport-McMoRan News Roundup

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

• Positive Sentiment: Q4 results: Freeport reported quarterly revenue (~$5.6B) and an EPS figure that topped several consensus estimates, a near-term positive for earnings expectations. Freeport-McMoRan (FCX) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Commodity tailwinds: higher copper and gold prices helped offset production shortfalls and supported profit margins — a key reason investors remain constructive. Freeport-McMoRan profit beats as high copper prices offset Grasberg hit
• Positive Sentiment: Analyst support: HSBC raised its price target to $69 and maintained a buy, joining other bullish analyst actions that provide upside narrative. HSBC adjusts price target on Freeport-McMoRan
• Positive Sentiment: Momentum: the stock recently reached a 52-week high, reflecting strong market interest in copper exposure. FCX stock hits 52-week high
• Neutral Sentiment: Valuation focus: coverage pieces are re-examining FCX’s valuation as media interest in copper and gold grows — useful context but not an immediate catalyst. A Look At Freeport-McMoRan (FCX) Valuation
• Neutral Sentiment: Investor materials: company posted Q4 press release, slide deck and is hosting a conference call — important for detail and guidance color. Freeport Fourth-Quarter and Year Ended 2025 Results
• Negative Sentiment: Guidance trimmed: Freeport trimmed its 2026 copper-sales outlook after Q4 volume dynamics, which signals weaker near-term production expectations. FCX Earnings Beat; 2026 Copper Sales Outlook Trimmed
• Negative Sentiment: Production hit: operations at the Grasberg mine remain disrupted, driving sharply lower Q4 production and raising execution risk. Freeport-McMoRan Posts Profit Gains Despite Sharply Lower Production
• Negative Sentiment: Liability risk: a shareholder law firm is investigating potential fiduciary breaches, and some insiders have sold shares recently — factors that can pressure sentiment. Kuehn Law investigation notice Insider activity reported by Quiver

Analyst Ratings Changes

A number of equities analysts have recently weighed in on FCX shares. JPMorgan Chase & Co. boosted their target price on Freeport-McMoRan from $58.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday, January 8th. CICC Research cut their price objective on Freeport-McMoRan from $51.60 to $42.30 and set an “outperform” rating on the stock in a research report on Friday, September 26th. BNP Paribas Exane dropped their price target on shares of Freeport-McMoRan from $58.00 to $56.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Hsbc Global Res upgraded Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, Scotiabank upped their target price on Freeport-McMoRan from $47.00 to $63.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Freeport-McMoRan presently has a consensus rating of “Buy” and a consensus target price of $55.30.

Insider Activity

In other news, CAO Stephen T. Higgins sold 28,423 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the transaction, the chief accounting officer owned 105,294 shares of the company’s stock, valued at approximately $5,053,059.06. The trade was a 21.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Ellie L. Mikes sold 9,572 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $47.66, for a total transaction of $456,201.52. Following the transaction, the chief accounting officer owned 38,761 shares in the company, valued at $1,847,349.26. The trade was a 19.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.75% of the stock is owned by company insiders.

Institutional Investors Weigh In On Freeport-McMoRan

Institutional investors have recently added to or reduced their stakes in the business. WealthCollab LLC boosted its position in shares of Freeport-McMoRan by 17.1% during the 2nd quarter. WealthCollab LLC now owns 1,820 shares of the natural resource company’s stock valued at $79,000 after acquiring an additional 266 shares during the last quarter. L2 Asset Management LLC boosted its position in shares of Freeport-McMoRan by 4.8% during the third quarter. L2 Asset Management LLC now owns 6,716 shares of the natural resource company’s stock worth $263,000 after buying an additional 308 shares during the period. Geneos Wealth Management Inc. grew its position in Freeport-McMoRan by 3.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 11,933 shares of the natural resource company’s stock valued at $517,000 after acquiring an additional 345 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its stake in Freeport-McMoRan by 7.4% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 5,050 shares of the natural resource company’s stock worth $198,000 after buying an additional 350 shares during the period. Finally, PFG Advisors boosted its holdings in Freeport-McMoRan by 6.0% in the third quarter. PFG Advisors now owns 6,586 shares of the natural resource company’s stock valued at $258,000 after purchasing an additional 375 shares during the period. Institutional investors and hedge funds own 80.77% of the company’s stock.

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.