ASX:FMG

Fortescue Metals Group (FMG) Stock Forecast, Price & News

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: 9.87%
Price Target: N/A

Profile Chart Competitors Dividend Insider Trades Headlines

About Fortescue Metals Group (ASX:FMG) Stock

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. 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 is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador, Argentina, Colombia, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.

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FMG Stock News Headlines

June 7, 2023 | msn.com

Better ASX 200 iron ore share to buy in June: Fortescue or BHP shares?

June 6, 2023 | msn.com

Can the Fortescue share price have a better month in June?

June 8, 2023 | Behind the Markets (Ad)

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June 5, 2023 | fool.com

Fortescue Metals Group (ASX: FMG)

May 30, 2023 | fool.com.au

Here’s why Fortescue Metals Group Limited shares are soaring today

May 13, 2023 | fool.com.au

Why the Fortescue Metals share price is up 85% in 2019

May 12, 2023 | proactiveinvestors.com.au

Hydrogen: the green energy of the future?

May 2, 2023 | msn.com

Own Fortescue shares? You may have missed this week’s ‘game changer’ moment

June 8, 2023 | Legacy Research (Affiliate) (Ad)

Sell Every Stock, Except ONE (Ticker Revealed)

We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.

April 26, 2023 | msn.com

Should I snap up Fortescue shares while they’re around $20?

April 24, 2023 | fool.com.au

Fortescue Metals Group Limited shares go nuts on improved forecasts

April 24, 2023 | afr.com

Fortescue sticks to China growth story despite iron ore slump

April 24, 2023 | msn.com

Invested in Fortescue shares during the July 2022 dip? Here’s the dividend yield you’re earning today

April 17, 2023 | msn.com

2 reasons I think Fortescue shares are still cheap

April 11, 2023 | msn.com

Here’s how much I would need to invest in Fortescue shares to generate a $150 monthly income

April 7, 2023 | msn.com

Surge in medicinal cannabis use creates growing problem for WA's mining industry

April 4, 2023 | msn.com

Why did the Fortescue share price smash the ASX 200 in March?

April 1, 2023 | americanbankingnews.com

Jennifer Morris Buys 652 Shares of Fortescue Metals Group Limited (ASX:FMG) Stock

March 1, 2023 | msn.com

Has this ‘completely changed the landscape’ for the future of Fortescue shares?

February 9, 2023 | reuters.com

Fortescue Metals preparing to cut up to 1,000 jobs, The Australian reports

February 9, 2023 | finance.yahoo.com

Fortescue Metals preparing to cut up to 1,000 jobs - The Australian

February 8, 2023 | msn.com

Fortescue Metals Group charged for failing to supply documents relating to alleged sexual harassment cases

February 7, 2023 | msn.com

Fortescue share price edges higher on ‘potentially massive’ news

February 6, 2023 | msn.com

ASX 200: Buy high and sell higher

February 6, 2023 | fool.com.au

Is the 9%+ Fortescue dividend yield safe for passive income investors?

February 2, 2023 | msn.com

Here’s the Fortescue dividend forecast through to 2025

January 31, 2023 | msn.com

Will funding FFI drag the Fortescue share price lower?

See More Headlines

FMG Company Calendar

Last Earnings: 2/20/2019
Ex-Dividend for 3/28 Dividend: 2/26/2023
Dividend Payable: 3/28/2023
Today: 6/08/2023

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Industry, Sector and Symbol

Stock Exchange: ASX
Industry: Industrial Metals & Minerals
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: 10,232
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): A$2.89
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: -0.18
Net Income: $5.79 billion
Net Margins: 33.85%
Pretax Margin: N/A
Return on Equity: 35.18%
Return on Assets: 19.96%

Debt

Debt-to-Equity Ratio: 35.48
Current Ratio: 2.83
Quick Ratio: 2.36

Sales & Book Value

Annual Sales: $17.10 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 11.31
Book Value: A$5.57 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: 0.92

Key Executives

Mr. Ian Wells
Chief Financial Officer

Mr. Dino Otranto
Chief Operating Officer of Iron Ore

Dr. John Andrew Henry Forrest A.O. (Age 61)
AICD, AO, BA, FAusIMM, Founder & Exec. Chairman

Mr. Andrew Driscoll
Gen. Mang. of Investor Relations

Ms. Linda O'Farrell
Director of Fortescue People

Mr. Eamon Harmon
Gen. Mang. of Exploration

Mr. Cameron Wilson GAICD (Age 56)
LLB, Company Sec.

Ms. Gemma Tually
Joint Company Sec. & Group Mang. of Legal

Mr. Mark Thomas
Group Mang. of Procurement and Information Services

Mr. Donald Bruce Hyma B.Sc.
BSc, IED, M.Sc., MSc, P.Eng., PEng, Director of Projects

Key Competitors

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Insiders

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FMG Stock - Frequently Asked Questions

How were Fortescue Metals Group's earnings last quarter?: Fortescue Metals Group Limited (ASX:FMG) announced its earnings results on Wednesday, February, 20th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. Fortescue Metals Group had a trailing twelve-month return on equity of 35.18% and a net margin of 33.85%.
How often does Fortescue Metals Group pay dividends? What is the dividend yield for Fortescue Metals Group?: Fortescue Metals Group announced a Interim dividend on Friday, February 17th. Stockholders of record on Tuesday, March 28th will be paid a dividend of 0.75 per share on Tuesday, March 28th. This represents a yield of 3.37%. The ex-dividend date of this dividend is Sunday, February 26th.
Read our dividend analysis for FMG.
Is Fortescue Metals Group a good dividend stock?: Fortescue Metals Group (ASX:FMG) pays an annual dividend of A$1.96 per share and currently has a dividend yield of 9.87%. FMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.82%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FMG.
What other stocks do shareholders of Fortescue Metals Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Fortescue Metals Group investors own include Fortescue Metals Group (FSUGY), 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).

What is Fortescue Metals Group's stock symbol?: Fortescue Metals Group trades on the ASX under the ticker symbol "FMG."
How much money does Fortescue Metals Group make?: Fortescue Metals Group (ASX:FMG) has a market capitalization of $0.00 and generates $17.10 billion in revenue each year. The company earns $5.79 billion in net income (profit) each year or A$2.89 on an earnings per share basis.
How many employees does Fortescue Metals Group have?: The company employs 10,232 workers across the globe.
How can I contact Fortescue Metals Group?: Fortescue Metals Group's mailing address is Hyatt Centre, L 2 87 Adelaide Tce, PERTH, WAS 6004, Australia. The official website for the company is fmgl.com.au. The company can be reached via phone at +61-8-62188888.

This page (ASX:FMG) was last updated on 6/8/2023 by MarketBeat.com Staff

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