Wall Street brokerages expect Freeport-McMoRan Inc (NYSE:FCX) to announce earnings per share of $0.58 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Freeport-McMoRan’s earnings. The highest EPS estimate is $0.68 and the lowest is $0.52. Freeport-McMoRan posted earnings per share of $0.17 during the same quarter last year, which would suggest a positive year over year growth rate of 241.2%. The firm is scheduled to report its next earnings results on Tuesday, July 24th.
On average, analysts expect that Freeport-McMoRan will report full year earnings of $2.04 per share for the current financial year, with EPS estimates ranging from $1.77 to $2.50. For the next year, analysts expect that the business will post earnings of $1.43 per share, with EPS estimates ranging from $0.61 to $1.98. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Freeport-McMoRan.
Hot Financial Stocks To Invest In 2019: Atlantic Coast Federal Corporation(ACFC)
Advisors’ Opinion:
- [By Ethan Ryder]
Atlantic Coast Financial (NASDAQ: ACFC) and People’s United Financial (NASDAQ:PBCT) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, institutional ownership, profitability, risk and dividends.
Hot Financial Stocks To Invest In 2019: Old National Bancorp Capital Trust I(ONB)
Advisors’ Opinion:
- [By Joseph Griffin]
MetLife Investment Advisors LLC reduced its position in shares of Old National Bancorp (NASDAQ:ONB) by 9.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,196 shares of the bank’s stock after selling 5,905 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Old National Bancorp were worth $1,000,000 at the end of the most recent quarter.
- [By Stephan Byrd]
Old National Bancorp (NASDAQ:ONB) was upgraded by equities research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday.
- [By Ethan Ryder]
Old National Bancorp (NASDAQ:ONB) Director Katherine E. White sold 1,064 shares of the company’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.80, for a total transaction of $18,939.20. Following the transaction, the director now owns 1,243 shares in the company, valued at approximately $22,125.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
- [By Max Byerly]
Russell Investments Group Ltd. reduced its holdings in shares of Old National Bancorp (NASDAQ:ONB) by 31.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 441,479 shares of the bank’s stock after selling 198,314 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.29% of Old National Bancorp worth $7,461,000 as of its most recent filing with the SEC.
Hot Financial Stocks To Invest In 2019: First Bancorp(FBNC)
Advisors’ Opinion:
- [By Stephan Byrd]
First Bancorp (NASDAQ:FBNC) has been assigned a consensus recommendation of “Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $41.50.
- [By Max Byerly]
First Bancorp (NASDAQ:FBNC) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Monday.
Hot Financial Stocks To Invest In 2019: Potlatch Corporation(PCH)
Advisors’ Opinion:
- [By Joseph Griffin]
Sei Investments Co. grew its position in Potlatchdeltic Corp (NASDAQ:PCH) by 39.9% during the 1st quarter, HoldingsChannel reports. The firm owned 68,663 shares of the real estate investment trust’s stock after acquiring an additional 19,589 shares during the quarter. Sei Investments Co.’s holdings in Potlatchdeltic were worth $3,574,000 at the end of the most recent quarter.
- [By Stephan Byrd]
Teachers Insurance & Annuity Association of America bought a new position in PotlatchDeltic (NASDAQ:PCH) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 78,505 shares of the real estate investment trust’s stock, valued at approximately $4,086,000. Teachers Insurance & Annuity Association of America owned approximately 0.19% of PotlatchDeltic at the end of the most recent reporting period.
- [By Joseph Griffin]
PotlatchDeltic (NASDAQ:PCH) was upgraded by equities researchers at Vertical Research to a “hold” rating in a research report issued on Monday, The Fly reports. The analysts noted that the move was a valuation call.
- [By Stephan Byrd]
Shares of Potlatchdeltic Corp (NASDAQ:PCH) have received an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $49.60.
- [By Stephan Byrd]
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