Freeport-McMoRan (FCX) Projected to Announce Earnings on Wednesday

Freeport-McMoRan (NYSE:FCX) is anticipated to issue its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Freeport-McMoRan to announce earnings of $0.60 per share and revenue of $6.7130 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Freeport-McMoRan (NYSE:FCX) last posted its quarterly earnings results on Thursday, April 23rd. The natural resource company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.10. The firm had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.73 billion. Freeport-McMoRan had a return on equity of 9.88% and a net margin of 10.34%.The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. On average, analysts expect Freeport-McMoRan to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Freeport-McMoRan Price Performance

Shares of NYSE FCX opened at $58.81 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.39. Freeport-McMoRan has a fifty-two week low of $35.15 and a fifty-two week high of $72.28. The stock has a market cap of $84.55 billion, a PE ratio of 31.28, a price-to-earnings-growth ratio of 0.58 and a beta of 1.37. The stock has a fifty day moving average of $63.76 and a 200-day moving average of $62.06.

Freeport-McMoRan Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be paid a $0.075 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $0.30 annualized dividend and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio (DPR) is currently 15.96%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GW&K Investment Management LLC boosted its holdings in shares of Freeport-McMoRan by 11.1% in the fourth quarter. GW&K Investment Management LLC now owns 1,840 shares of the natural resource company’s stock worth $93,000 after buying an additional 184 shares during the period. Capital Analysts LLC increased its position in shares of Freeport-McMoRan by 7.4% in the fourth quarter. Capital Analysts LLC now owns 3,018 shares of the natural resource company’s stock worth $153,000 after acquiring an additional 208 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Freeport-McMoRan by 0.6% during the fourth quarter. Quadrant Capital Group LLC now owns 37,253 shares of the natural resource company’s stock valued at $1,892,000 after acquiring an additional 235 shares during the period. WealthCollab LLC raised its holdings in shares of Freeport-McMoRan by 17.1% during the second 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 period. Finally, Wedbush Securities Inc. lifted its position in shares of Freeport-McMoRan by 0.7% in the 4th quarter. Wedbush Securities Inc. now owns 44,351 shares of the natural resource company’s stock valued at $2,253,000 after acquiring an additional 298 shares in the last quarter. 80.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on FCX. Morgan Stanley lifted their target price on Freeport-McMoRan from $66.00 to $70.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Sanford C. Bernstein upped their price target on shares of Freeport-McMoRan from $53.50 to $58.50 and gave the stock a “market perform” rating in a report on Wednesday, June 10th. Scotiabank increased their price objective on Freeport-McMoRan from $67.00 to $77.00 and gave the stock a “sector outperform” rating in a research report on Monday, June 15th. Bank of America lifted their price objective on Freeport-McMoRan from $74.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, Raymond James Financial reduced their target price on Freeport-McMoRan from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Freeport-McMoRan presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.77.

Freeport-McMoRan Company Profile

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.