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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
ProfileChartCompetitorsDividendInsider TradesHeadlines

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

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
June 2, 2023 | Edge On The Street (Ad)
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.
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
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
June 2, 2023 | Edge On The Street (Ad)
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.
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?
January 30, 2023 | msn.com
Broker warns that the Fortescue share price could crash 39% from current levels
January 29, 2023 | msn.com
Has the Fortescue share price topped out?
January 16, 2023 | msn.com
Why is the Fortescue share price being hammered on Monday?
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
Get Stock Alerts

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

View All Competitors

Insiders

View All Insider Transactions













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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