Freeport-McMoRan (FCX) Projected to Post Earnings on Thursday

Freeport-McMoRan (NYSE:FCX) is anticipated to announce its Q4 2025 results before the market opens on Thursday, January 22nd. Analysts expect Freeport-McMoRan to post earnings of $0.20 per share and revenue of $5.4192 billion for the quarter. Interested persons may review the information on the company’s upcoming Q4 2025 earning report for the latest details on the call scheduled for Thursday, January 22, 2026 at 10:00 AM ET.

Freeport-McMoRan (NYSE:FCX) last released its earnings results on Thursday, October 23rd. The natural resource company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.09. The firm had revenue of $6.97 billion for the quarter, compared to the consensus estimate of $6.74 billion. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. On average, analysts expect Freeport-McMoRan to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Freeport-McMoRan Stock Performance

Shares of FCX stock opened at $60.35 on Thursday. 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 business has a fifty day moving average of $47.09 and a 200 day moving average of $44.30. The firm has a market capitalization of $86.66 billion, a price-to-earnings ratio of 42.50, a price-to-earnings-growth ratio of 0.73 and a beta of 1.45. Freeport-McMoRan has a 1 year low of $27.66 and a 1 year high of $60.71.

Freeport-McMoRan Cuts Dividend

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

Insider Transactions at Freeport-McMoRan

In other news, CAO Ellie L. Mikes sold 9,572 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was 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. This trade represents a 19.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Stephen T. Higgins sold 28,423 shares of Freeport-McMoRan stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the completion of the sale, the chief accounting officer directly owned 105,294 shares in the company, valued at $5,053,059.06. This represents a 21.26% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.75% 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 stock. Sivia Capital Partners LLC acquired a new stake in Freeport-McMoRan during the second quarter worth about $560,000. Brighton Jones LLC boosted its holdings in Freeport-McMoRan by 24.2% in the 4th quarter. Brighton Jones LLC now owns 14,807 shares of the natural resource company’s stock valued at $564,000 after purchasing an additional 2,882 shares during the last quarter. Bison Wealth LLC grew its stake in shares of Freeport-McMoRan by 5.6% in the 4th quarter. Bison Wealth LLC now owns 9,616 shares of the natural resource company’s stock valued at $366,000 after buying an additional 507 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its holdings in shares of 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 last quarter. Finally, Brown Brothers Harriman & Co. raised its position in shares of Freeport-McMoRan by 70.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 8,184 shares of the natural resource company’s stock valued at $321,000 after buying an additional 3,394 shares during the period. Hedge funds and other institutional investors own 80.77% of the company’s stock.

Key Freeport-McMoRan News

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

• Positive Sentiment: Copper breakout & commodity tailwinds — Coverage highlights that copper is at or near record levels and that FCX is a clear way to play sustained copper demand and pricing, supporting investor bullishness. Read More.
• Positive Sentiment: Bank of America / red-hot metals pick — FCX appears on lists of top commodity/mining picks for 2026, which brings institutional interest and flows into the stock. Read More.
• Positive Sentiment: Quant and model-driven buying — Seeking Alpha’s quant lists include Freeport among top names going into Q4 earnings, which can drive systematic/ETF flows and short-term momentum buying. Read More.
• Positive Sentiment: Technical breakout narrative — A Seeking Alpha piece frames FCX as having a “huge breakout,” attracting momentum traders and technical buyers who may add to the rally. Read More.
• Neutral Sentiment: Analyst coverage is active but mixed — Benzinga’s compilation of 11 analyst ratings shows the stock is under close review; more upgrades or target raises would be bullish, but the item itself mainly signals attention. Read More.
• Neutral Sentiment: Zacks notes heightened user interest and summarizes key facts — useful context for retail/institutional attention but not a direct catalyst. Read More.
• Neutral Sentiment: Short-term price note — Zacks also reported a recent uptick in the stock amid a broader market dip; that reflects today’s buying but is descriptive rather than a new fundamental change. Read More.

Wall Street Analyst Weigh In

Several analysts have recently commented on FCX shares. HSBC dropped their price objective on shares of Freeport-McMoRan from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. BMO Capital Markets boosted their target price on shares of Freeport-McMoRan from $47.00 to $55.00 and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Citigroup upped their price target on shares of Freeport-McMoRan from $48.00 to $67.00 and gave the company a “buy” rating in a report on Monday. Clarkson Capital upgraded Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $46.00 price objective for the company in a research note on Wednesday, November 19th. Finally, Royal Bank Of Canada decreased their price objective on Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating for the company in a report on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $53.06.

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.