Freeport Mcmoran is a copper company located in Arizona, United States, which is part of the Basic Materials sector, and is traded under the ticker FCX on the NYSE exchange.
Freeport Mcmoran stock last closed at $40.22, up 5.95% from the previous day, and has increased 9.71% in one year. It has underperformed other stocks in the Copper industry by 0.08 percentage points. Freeport Mcmoran stock is currently +15.28% from its 52-week low of $34.89, and -27.18% from its 52-week high of $55.24.
As of Feb 13, 2025, there are 1.44B FCX shares outstanding. The market value of FCX is $57.79B. In the past 24 hours, 21.34M FCX shares were traded.
How to Buy Freeport Mcmoran Stock
Wondering how to invest in Freeport Mcmoran stock? Here's how.
Figure out where to buy Freeport Mcmoran stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Freeport Mcmoran stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit money your investment account: Select your payment method and add your details.
Analyze Freeport Mcmoran stock: The Freeport Mcmoran ticker symbol is FCX. Is Freeport Mcmoran stock a good investment? Should you buy shares of FCX? How do FCX's underlying business fundamentals look? Do top analysts think Freeport Mcmoran is a good buy? Why has FCX's stock price moved recently? (Hint: Our stock market analysis website can help you decide if FCX is a good stock to buy).
Execute your FCX buy order: Decide if you will purchase FCX shares at the current market price or use a limit order to buy FCX stock at a specific price.
Get updates on your FCX position: Create a watchlist to keep track of your position in Freeport Mcmoran shares.
Step 1: Figure out where to buy Freeport Mcmoran stock
You need a brokerage account to access the NYSE market and buy FCX stock.
A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to buy FCX stock today.
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Step 4: Analyze Freeport Mcmoran stock
Once you have selected the best place to buy Freeport Mcmoran stock, it's crucial to analyze their stock prior to investing, so you truly understand the risk as well as the upside.
Freeport Mcmoran Metrics
FCX Price
$40.22
1w %
8.26%
1y %
9.71%
5y %
218.95%
P/E
29.14x
P/B
3.29x
P/S
2.26x
PEG
1.09x
Revenue
$25.64B
Earnings
$2.00B
Fore. Rev. Growth
4.39%
Fore. Earn. Growth
26.62%
Market Cap
$57.79B
Next Earnings
N/A
Next Dividend
N/A
Freeport Mcmoran Due Diligence Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on FCX's stock page.
How is FCX stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge FCX's true value.
Using relative valuations metrics:
FCX could be overvalued based on its P/E ratio of 29.14x, relative to Copper industry P/E ratio of 27.45x
FCX may be undervalued based on its P/B ratio of 3.29x, relative to Copper industry P/B ratio of 4.63x
FCX could be overvalued based on its PEG ratio of 1.09x
You can access additional valuation analysis on FCX's stock here.
FCX Financial Summary
Positive Health Checks:
FCX earnings of $5.08B is not sufficient to cover its interest payments.
Total FCX debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the FCX balance sheet.
FCX's operating cash flow of $7.04B allows it to safely service it's debt of $9.68B.
Negative Health Checks:
FCX has a relatively high debt to equity ratio of 1.51.
There are more long-term liabilities than short-term assets on the FCX balance sheet.
FCX profit margin has gone down from 9.5% to 7.8% in the past year.
Do Wall Street analysts think it's a good time to buy FCX stock
Out of 8 Equities analysts who give ratings on FCX, the consensus analyst rating on FCX is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent FCX Analyst Upgrades/Downgrades
Brian MacArthur, a bottom 50% analyst from Raymond James maintains FCX with a buy rating and raises their FCX price target from $55.00 to $57.00, on Oct 23, 2024.
Carlos De Alba, a top 9% analyst from Morgan Stanley maintains FCX with a strong buy rating and lowers their FCX price target from $60.00 to $58.00, on Sep 19, 2024.
Daniel Major, a top 39% analyst from UBS upgrades FCX to a strong buy rating and raises their FCX price target from $54.00 to $55.00, on Sep 4, 2024.
Last year, FCX earnings were $2.00B. Over the past five year, FCX's earnings have grown by 55.87% per year. This was faster than the Copper industry average of 30.35%.
Last year, FCX revenue was $25.64B. During the last five year, FCX's revenue has grown by 12.58% per year. This was faster than the Copper industry average of 10.48%.
Freeport Mcmoran pays a dividend of 1.12%, compared to the Copper industry's average dividend yield of 0.89%. If you owned $1,000 of FCX stock, you would have been paid $11.19 last year.
Freeport Mcmoran dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Execute your FCX buy order
There are two primary order types:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are usually the easiest way to buy.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want more info about investing in stocks on eToro, click the how to video below:
How much does it cost to buy one Freeport Mcmoran share?
As of Feb 13, 2025, it costs $40.22 to buy one share of Freeport Mcmoran stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.249 shares of FCX.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.