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ASX:FMG

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

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
9.87%
Price Target
N/A

FMG stock logo

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

The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Hydrogen: the green energy of the future?
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
ASX 200: Buy high and sell higher
Has the Fortescue share price topped out?
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
6/02/2023

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,232
Year Founded
N/A

Profitability

Net Income
$5.79 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$17.10 billion
Book Value
A$5.57 per share

Miscellaneous

Outstanding Shares
3,080,000,000
Free Float
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













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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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. Shareholders 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 6/2/2023 by MarketBeat.com Staff

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