S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
The Battery Metal Nobody Told You About (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
The Battery Metal Nobody Told You About (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
The Battery Metal Nobody Told You About (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
The Battery Metal Nobody Told You About (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
The Battery Metal Nobody Told You About (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
The Battery Metal Nobody Told You About (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
The Battery Metal Nobody Told You About (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
The Battery Metal Nobody Told You About (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
The Battery Metal Nobody Told You About (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
The Battery Metal Nobody Told You About (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
The Battery Metal Nobody Told You About (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
The Battery Metal Nobody Told You About (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

Fortescue Stock Price, News & Analysis (ASX:FMG)

Compare
Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
13.48 million shs
Average Volume
N/A
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
6.92%
Price Target
N/A

FMG stock logo

About Fortescue Stock (ASX:FMG)

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It also develops and produces the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Argentina, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in East Perth, Australia.


FMG Stock News Headlines

December 7, 2023 | fool.com.au
If I'd invested $10,000 into Fortescue shares at the start of 2023, how much would I have now?
December 6, 2023 | msn.com
Strategic Energy Resources and Fortescue round out first field season at Canobie in search of Ernest Henry 2.0
December 8, 2023 | Edge On The Street (Ad)
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
December 4, 2023 | americanbankingnews.com
Fortescue Metals Group Limited (ASX:FMG) Insider Purchases A$123,700.00 in Stock
November 24, 2023 | fool.com.au
Should you buy or sell Fortescue shares today?
November 21, 2023 | au.investing.com
Fortescue Metals Group Ltd: Surging Share Price and Green Initiatives
November 20, 2023 | fool.com.au
Fortescue share price hits 52-week high on $1.1 billion green projects rollout
November 14, 2023 | fool.com.au
The Fortescue Metals share price just hit a 2-year high. Here's why
December 8, 2023 | Edge On The Street (Ad)
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
November 6, 2023 | fool.com.au
The Fortescue Metals share price is now up 11% in 2 weeks. What's next?
October 30, 2023 | finance.yahoo.com
Fortescue Buoyant on China Iron Ore as It Advances Green Pivot
October 30, 2023 | proactiveinvestors.com.au
Fortescue Metals Group invests A$13.5 million in Norwegian green hydrogen developer
October 25, 2023 | finance.yahoo.com
Fortescue First-Quarter Shipments Down, Costs Up
October 16, 2023 | msn.com
Why this broker is urging you to sell Fortescue shares
October 16, 2023 | fool.com.au
Fortescue share price falls despite massive green hydrogen subsidy
October 8, 2023 | fool.com.au
Why is the Fortescue share price rising on Monday?
October 6, 2023 | fool.com.au
If I invest $10,000 in Fortescue shares how much passive income will I receive?
October 3, 2023 | msn.com
Explorers Podcast: Strategic Energy searching for copper in JV with Fortescue Metals
September 19, 2023 | financialpost.com
Billionaire Forrest’s Fortescue to Stop Using Carbon Offsets
September 19, 2023 | financialpost.com
Fortescue Says Executive Exodus Welcomed Amid Green Shift
September 11, 2023 | finance.yahoo.com
Fortescue: brown companies suffer from green fatigue
September 10, 2023 | finance.yahoo.com
Iron ore billionaire clashes with executives over Fortescue’s green future
September 5, 2023 | financialpost.com
Australian Ore Miner Fortescue Says Executive Exodus Reflects Green Shift
September 1, 2023 | marketwatch.com
Fortescue's New Metals CFO Exits Just Days After CEO -- 2nd Update
September 1, 2023 | msn.com
Third departure from Fortescue Metals this week
September 1, 2023 | msn.com
Andrew Forrest's Fortescue Metals Group loses another executive as Guy Debelle exits
August 30, 2023 | finance.yahoo.com
Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $1.00
See More Headlines
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Company Calendar

Last Earnings
2/20/2019
Ex-Dividend for 9/27 Dividend
9/03/2023
Dividend Payable
9/27/2023
Today
12/08/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
ASX
Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
ASX:FMG
CUSIP
N/A
CIK
N/A
Web
fmgl.com.au
Phone
+61-8-62188888
Fax
N/A
Employees
11,910
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
A$2.34
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
-0.18
Net Income
$4.80 billion
Net Margins
28.44%
Pretax Margin
N/A
Return on Equity
27.14%
Return on Assets
17.69%

Debt

Debt-to-Equity Ratio
29.56
Current Ratio
2.47
Quick Ratio
2.36

Sales & Book Value

Annual Sales
$16.87 billion
Price / Sales
0.00
Cash Flow
N/A
Price / Cash Flow
11.31
Book Value
A$5.85 per share
Price / Book
N/A

Miscellaneous

Outstanding Shares
3,080,000,000
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
0.95
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Key Executives

  • Dr. John Andrew Henry Forrest A.O. (Age 61)
    AICD, BA, FAusIMM, Founder & Executive Chairman of the Board
  • Mr. Dino Otranto
    Chief Executive Officer
  • Ms. Elizabeth Anne Gaines CA (Age 59)
    Global Ambassador & Executive Director
    Comp: $5.14M
  • Dr. Richard Mark Hutchinson B.Com. (Age 57)
    Chief Executive Officer of Fortescue Energy
    Comp: $3.33M
  • Ms. Apple Paget
    Acting Chief Financial Officer
  • Mr. Andrew Driscoll
    General Manager of Investor Relations
  • Ms. Shelley Maree Robertson BSc(Eng)
    GradDip(IT), MBA, MEngSc, Chief Corporate Officer
  • Mr. Eamon Harmon
    General Manager of Exploration
  • Ms. Deborah Caudle
    Chief Financial Officer of Fortescue Energy
  • Rael McNally
    Managing Director of Fortescue Capital

Key Competitors

View All Competitors

Insiders















FMG Stock Analysis - Frequently Asked Questions

How were Fortescue's earnings last quarter?

Fortescue Ltd (ASX:FMG) posted its earnings results on Wednesday, February, 20th. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.03. Fortescue had a net margin of 28.44% and a trailing twelve-month return on equity of 27.14%.

How often does Fortescue pay dividends? What is the dividend yield for Fortescue?

Fortescue declared a Final dividend on Friday, September 1st. Stockholders of record on Wednesday, September 27th will be paid a dividend of 1.00 per share on Wednesday, September 27th. This represents a yield of 4.93%. The ex-dividend date of this dividend is Sunday, September 3rd.
Read our dividend analysis for FMG.

Is Fortescue a good dividend stock?

Fortescue (ASX:FMG) pays an annual dividend of A$1.75 per share and currently has a dividend yield of 6.92%. FMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FMG.

What other stocks do shareholders of Fortescue own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortescue investors own include Fortescue Metals Group (FSUGY), BHP Group (BHP), BHP Group (BHP), Wesfarmers (WES), Rio Tinto Group (RIO), Tesla (TSLA), BHP Group (BHP), Lynas Rare Earths (LYC), Newcrest Mining (NCM) and SandRidge Energy (SDOCQ).

This page (ASX:FMG) was last updated on 12/8/2023 by MarketBeat.com Staff

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