ASX:FMG Fortescue (FMG) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Free FMG Stock Alerts Add Compare Share Share Today's Range N/A50-Day Range N/A52-Week Range N/AVolume13.48 million shsAverage VolumeN/AMarket CapitalizationN/AP/E RatioN/ADividend Yield9.02%Price TargetN/A Stock AnalysisStock Analysis Get Fortescue alerts: Email Address Ad Behind the MarketsThe only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.Get the stock ticker here >>> 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.Read More Ad Behind the MarketsThe only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.Get the stock ticker here >>> FMG Stock News HeadlinesMarch 17, 2024 | fool.com.auFortescue shares retreat to fresh 2024 low as iron ore breaks below US$100 per tonneMarch 16, 2024 | fool.com.auWhere will Fortescue shares be in 3 years?March 18, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 15, 2024 | msn.comFortescue conducts world’s first ammonia bunker trial in SingaporeMarch 15, 2024 | afr.comAFR wins top journalism awardsMarch 15, 2024 | seatrade-maritime.comWorld first use of ammonia fuel in trial on Fortescue vessel in SingaporeMarch 15, 2024 | msn.comFortescue conducts world's first ammonia bunker trial in SingaporeMarch 13, 2024 | fool.com.auHere's the iron ore price forecast through to 2027March 18, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.March 8, 2024 | finance.yahoo.comMagmatic Resources brings Fortescue into the fold at Myall copper-gold playMarch 8, 2024 | msn.comCEO interview: Inside Fortescue's transformationMarch 7, 2024 | afr.comFortescue strikes NSW copper punt with explorerMarch 7, 2024 | au.investing.comMagmatic Resources draws mining giant Fortescue into farm-in and JV for Myall ProjectMarch 6, 2024 | fool.com.auHere's the Fortescue dividend forecast through to 2026February 29, 2024 | fool.com.auA 22% yield on Fortescue shares? Here's how these passive income investors achieved it!February 28, 2024 | msn.comAccelerate closes sale of Pilbara licences to Fortescue unitFebruary 22, 2024 | markets.businessinsider.comAustralian Stocks: Fortescue (FMG) Shares Rise on Stupendous ResultsFebruary 22, 2024 | msn.comFortescue ups dividend, profits jump despite lower iron ore shipmentsFebruary 22, 2024 | msn.comFortescue 1H Net Profit Up 41%, Raises DividendFebruary 21, 2024 | marketwatch.comFortescue 1H Net Profit $3.34 Billion, Up 41% On-YearFebruary 21, 2024 | afr.comFortescue’s first-half profit soars 41pcFebruary 21, 2024 | msn.comFortescue Results: Iron ore price surge sends FMG profits soaring, Twiggy and Nicola to bank over $1bn in divviesFebruary 21, 2024 | fool.com.auThe Fortescue share price is down almost 10% in February, time to buy?February 20, 2024 | msn.comMajor Australian mining stocks sink tracking iron ore price slumpFebruary 19, 2024 | ft.comFortescue chair slams Germany for U-turn on EU supply chain rulesFebruary 17, 2024 | finance.yahoo.comFortescue Metals Group Ltd (FVJ.MU)February 14, 2024 | msn.comCarbon capture tech a ‘complete falsehood’, says Fortescue chairmanSee More Headlines Receive FMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortescue and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2019Ex-Dividend for 3/26 Dividend2/27/2024Today3/18/2024Dividend Payable3/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeASX SectorBasic Materials Industry Other Industrial Metals & Mining Sub-IndustryN/A Current SymbolASX:FMG CUSIPN/A CIKN/A Webfmgl.com.au Phone+61-8-62188888FaxN/AEmployees13,690Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)A$2.82 Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth-0.18Net Income$5.77 billion Net Margins31.09% Pretax MarginN/A Return on Equity31.55% Return on Assets20.71% Debt Debt-to-Equity Ratio27.41 Current Ratio2.84 Quick Ratio2.36 Sales & Book Value Annual Sales$18.55 billion Price / Sales0.00 Cash FlowN/A Price / Cash Flow11.31 Book ValueA$6.30 per share Price / BookN/AMiscellaneous Outstanding Shares3,080,000,000Free FloatN/AMarket CapN/A OptionableNot Optionable Beta0.88 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. John Andrew Henry Forrest A.O. (Age 62)AICD, BA, FAusIMM, Founder & Executive Chairman of the Board Mr. Dino OtrantoChief Executive OfficerMs. Elizabeth Anne Gaines CA (Age 61)Global Ambassador & Executive Director Comp: $5.14MDr. Richard Mark Hutchinson B.Com. (Age 58)Chief Executive Officer of Fortescue Energy Comp: $3.33MMs. Apple PagetActing Chief Financial OfficerMr. Andrew DriscollGeneral Manager of Investor RelationsMr. Philip James McKeiverChief General Counsel & Company SecretaryMs. Shelley Maree Robertson BSc(Eng)GradDip(IT), MBA, MEngSc, Chief Corporate OfficerMr. Eamon HarmonGeneral Manager of ExplorationRael McNallyManaging Director of Fortescue CapitalMore ExecutivesKey CompetitorsA-Cap EnergyASX:ACBAccelerate ResourcesASX:AX8Accent ResourcesASX:ACSACDC MetalsASX:ADCAclara ResourcesTSE:ARA.TOView All CompetitorsInsidersLarry MarshallBought 1,900 shares on 2/28/2024Total: $50,519.10 ($26.59/share)Sebastian CoeBought 5,000 shares on 11/27/2023Total: $123,700.00 ($24.74/share)Elizabeth GainesBought 147,920 shares on 9/4/2023Total: $2.99 M ($20.20/share)Jennifer MorrisBought 652 shares on 3/29/2023Total: $14,696.73 ($22.54/share) FMG Stock Analysis - Frequently Asked Questions How were Fortescue's earnings last quarter? Fortescue Ltd (ASX:FMG) announced its quarterly earnings data on Wednesday, February, 20th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.03. Fortescue had a net margin of 31.09% and a trailing twelve-month return on equity of 31.55%. How often does Fortescue pay dividends? What is the dividend yield for Fortescue? Fortescue declared a Interim dividend on Monday, February 26th. Shareholders of record on Tuesday, March 26th will be paid a dividend of 1.08 per share on Tuesday, March 26th. This represents a yield of 3.88%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a boost from the stock's previous Interim dividend of A$0.75. Read our dividend analysis for FMG. Is Fortescue a good dividend stock? Fortescue (ASX:FMG) pays an annual dividend of A$2.16 per share and currently has a dividend yield of 9.02%. FMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.60%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 (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 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetryThe world’s greatest investmentPorter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Fortescue Ltd Please log in to your account or sign up in order to add this asset to your watchlist. 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