ASX:FMG Fortescue (FMG) Stock Price, News & Analysis → Chances are you know the firms on this list (From WealthPress) (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 Yield8.40%Price TargetN/A Stock AnalysisStock Analysis Get Fortescue alerts: Email Address Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him 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 Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him FMG Stock News HeadlinesApril 22, 2024 | msn.comFortescue is dialled in to critical minerals; here’s some areas the major miner is tuned intoApril 21, 2024 | afr.comFortescue slams Biden administration’s green hydrogen tax rulesApril 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 19, 2024 | msn.comHere is the dividend forecast to 2028 for Fortescue sharesApril 18, 2024 | afr.comWhy China could deliver BHP, Rio and FMG a double blowApril 16, 2024 | msn.comWhy aren't big fund managers buying Fortescue shares?April 15, 2024 | afr.comBig investors avoid ‘too hard basket’ Fortescue – and miss major rallyApril 12, 2024 | finance.yahoo.comFortescue Ltd's (ASX:FMG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?April 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 11, 2024 | msn.comFMG 'like kicking a dog when it's down', court hearsApril 9, 2024 | msn.comFortescue Metals Group's Pilbara mining activity compared to alcohol abuse in court testimonyApril 8, 2024 | reuters.comAustralia's Fortescue partners with OCP Group for green energy development in MoroccoApril 8, 2024 | msn.comFMG mine 'damaged' Yindjibarndi traditions, court hearsApril 8, 2024 | msn.comFortescue shares climb amid Australian first for clean energyApril 7, 2024 | msn.comYindjibarndi compensation case returns to courtApril 5, 2024 | msn.comAustralian Stocks: Analysts Remain Bearish on Fortescue (FMG) Despite a High Dividend YieldApril 1, 2024 | fool.com.auHere is the profit forecast to 2026 for Fortescue sharesMarch 25, 2024 | fool.com.auFortescue share price leaps 5% as electric machinery makes a milestoneMarch 21, 2024 | fool.com.auForget Fortescue and buy this iron ore share for a 33% returnMarch 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 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 8, 2024 | finance.yahoo.comMagmatic Resources brings Fortescue into the fold at Myall copper-gold playSee 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 Dividend2/27/2024Dividend Payable3/26/2024Today4/23/2024Get 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$2.86 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 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsInsidersPenelope (Penny) Bingham-HallSold 2,496 sharesTotal: $64,641.41 ($25.90/share)Larry 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) FMG Stock Analysis - Frequently Asked Questions How were Fortescue's earnings last quarter? Fortescue Ltd (ASX:FMG) issued 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 trailing twelve-month return on equity of 31.55% and a net margin of 31.09%. How often does Fortescue pay dividends? What is the dividend yield for Fortescue? Fortescue declared a Interim dividend on Monday, February 26th. Investors of record on Tuesday, March 26th will be paid a dividend of 1.08 per share on Tuesday, March 26th. This represents a dividend yield of 3.88%. The ex-dividend date 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 8.40%. FMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.52%. 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). 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