LON:FORT

Forterra (FORT) Share Forecast, Price & News

GBX 145

-3.80 (-2.55%)

(As of 04:12 PM ET)

Compare

Today's Range: 143.80
▼
154.20
50-Day Range: 145.60
▼
180.60
52-Week Range: 137.80
▼
254

Volume: 165,416 shs
Average Volume: 568,116 shs
Market Capitalization: £308.56 million

P/E Ratio: 805.56
Dividend Yield: 8.28%
Price Target: GBX 253.50

Profile Analyst Ratings Chart Competitors Dividend Headlines

Forterra MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 76.3% Upside
GBX 253.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Forterra has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 253.50, Forterra has a forecasted upside of 76.3% from its current price of GBX 143.80.
Amount of Analyst Coverage
Forterra has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for FORT.

1.7

Dividend Strength

Dividend Leadership
Forterra is a leading dividend payer. It pays a dividend yield of 8.37%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Forterra does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Forterra is 6,666.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FORT.

2.5

News and Social Media Coverage

News Sentiment
Forterra has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Forterra this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for FORT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Forterra to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Forterra insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.12% of the stock of Forterra is held by insiders.
Percentage Held by Institutions
68.89% of the stock of Forterra is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Forterra is 798.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 108.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Forterra is 798.89, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.68.
Price to Earnings Growth Ratio
Forterra has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Forterra has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Forterra (LON:FORT) Stock

Forterra plc manufactures and sells building products in the United Kingdom. It operates through three segments: Bricks, Blocks, and Bespoke Products. The company offers bricks; aircrete and aggregate blocks; and bespoke precast products comprising jetfloor, hollowcore, beam and block and flooring, box culverts, omnia bridge decks, and retaining walls; chimneys, roofing, and fuel system; special shaped bricks; paving; and façade system, including lightweight, brick slip cladding system, wonderwall, quickwall, and surebrick. It provides its products under the London Brick, Butterley Brick, Ecostock, Cradley, Thermalite, Conbloc, Bison Precast, Red Bank, and Formpave brand names. The company was incorporated in 2016 and is based in Northampton, the United Kingdom.

FORT Price History

30 days | 90 days | 365 days | Advanced Chart

FORT Stock News Headlines

September 28, 2023 | msn.com

I’d buy 6,000 shares of this FTSE 100 stock for £100 in monthly passive income

September 21, 2023 | finance.yahoo.com

Unveiling the Dividend Dynamics of Forterra PLC

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

September 11, 2023 | axios.com

Fortera eyeing 7 green cement plants, $1B in financing

August 23, 2023 | msn.com

How behind-the-scenes politics helped win approval for Pierce County homeless village

August 23, 2023 | bizjournals.com

Long-awaited Tacoma light rail extension finally has an opening date

August 22, 2023 | msn.com

3 FTSE 100 value stocks I’d love to buy following the mini crash!

August 18, 2023 | finance.yahoo.com

Should Weakness in Forterra plc's (LON:FORT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

August 17, 2023 | uk.sports.yahoo.com

Peterborough company supports patient group in city

August 4, 2023 | finance.yahoo.com

Pipes and Pipe/Hose Fittings Global Market Report 2023

August 2, 2023 | bizjournals.com

Atlanta Construction News

July 11, 2023 | msn.com

Forterra consulting staff over restructuring in bid to save millions

July 11, 2023 | marketwatch.com

Forterra Lowers Full-Year View After 1H Drop in Profits, Revenue

July 2, 2023 | finance.yahoo.com

Should You Think About Buying Forterra plc (LON:FORT) Now?

July 1, 2023 | uk.movies.yahoo.com

Near its Covid-19 lows, this UK stock looks like a once-in-a-lifetime opportunity

June 29, 2023 | lse.co.uk

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

June 26, 2023 | uk.movies.yahoo.com

The Forterra share price is down, so is the stock a buy?

June 14, 2023 | finance.yahoo.com

Global Concrete Pipes and Blocks Market to Surpass USD 35.82 Billion By 2031 | Growth Market Reports

June 12, 2023 | msn.com

This small Cambs village's strange Jurassic past has been put on display with rare fossils

June 1, 2023 | msn.com

How I’d invest £1,666 in a Stocks and Shares ISA this June

May 25, 2023 | finance.yahoo.com

Forterra (LON:FORT) Is Increasing Its Dividend To £0.101

May 21, 2023 | thetimes.co.uk

Forterra’s £95m brickworks is all fired up for an industry recovery

May 19, 2023 | msn.com

Europe’s biggest brick factory opens as owner Forterra reports big fall in profits

May 18, 2023 | msn.com

Peel Hunt Limited Reiterates Forterra (LSE:FORT) Buy Recommendation

May 16, 2023 | lse.co.uk

Forterra pins hopes on boost in second half as revenue falls

May 16, 2023 | marketwatch.com

Forterra Backs 2023 Views Despite Four-Month Revenue Drop; Sees Result Weighed to 2H

See More Headlines

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FORT Company Calendar

Ex-Dividend for 7/7 Dividend: 6/15/2023
Dividend Payable: 7/07/2023
Ex-Dividend for 10/13 Dividend: 9/21/2023
Today: 10/01/2023
Dividend Payable: 10/13/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Building Materials
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: LON:FORT
CUSIP: N/A
CIK: N/A
Web: forterraplc.co.uk
Phone: +44-1604-707600
Fax: N/A
Employees: 1,869
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 253.50
High Stock Price Forecast: GBX 300
Low Stock Price Forecast: GBX 214
Forecasted Upside/Downside: +70.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.18
Trailing P/E Ratio: 826.67
Forward P/E Ratio: 9.61
P/E Growth: 0.66
Net Income: £37.10 million
Net Margins: 8.92%
Pretax Margin: N/A
Return on Equity: 16.76%
Return on Assets: 7.31%

Debt

Debt-to-Equity Ratio: 41.65
Current Ratio: 1.20
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: £415.90 million
Price / Sales: 0.76
Cash Flow: GBX 12.10 per share
Price / Cash Flow: 12.30
Book Value: GBX 102 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 212,800,000
Free Float: N/A
Market Cap: £316.65 million
Optionable: Not Optionable
Beta: 1.21

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Key Executives

Mr. Benjamin J. Guyatt (Age 47)
CFO & Exec. Director
Comp: $667.53k

Mr. Neil Alexander Ash (Age 52)
CEO & Director

Ms. Shahbaz Idriss
HR Director

Mr. Darren Rix
Managing Director of Bison Precast

Mr. Tim Darling
Head of Land & Minerals

Key Competitors

View All Competitors

FORT Stock - Frequently Asked Questions

Should I buy or sell Forterra stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FORT shares.
View FORT analyst ratings or view top-rated stocks.
What is Forterra's stock price forecast for 2023?: 4 brokerages have issued 1 year price objectives for Forterra's shares. Their FORT share price forecasts range from GBX 214 to GBX 300. On average, they anticipate the company's stock price to reach GBX 253.50 in the next year. This suggests a possible upside of 70.4% from the stock's current price.
View analysts price targets for FORT or view top-rated stocks among Wall Street analysts.
How have FORT shares performed in 2023?: Forterra's stock was trading at GBX 186.60 on January 1st, 2023. Since then, FORT shares have decreased by 20.3% and is now trading at GBX 148.80.
View the best growth stocks for 2023 here.
How often does Forterra pay dividends? What is the dividend yield for Forterra?: Forterra announced a dividend on Thursday, July 27th. Investors of record on Thursday, September 21st will be paid a dividend of GBX 2.40 per share on Friday, October 13th. This represents a yield of 1.39%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be viewed at this link.
Read our dividend analysis for FORT.
Is Forterra a good dividend stock?: Forterra (LON:FORT) pays an annual dividend of GBX 12 per share and currently has a dividend yield of 8.37%. FORT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,666.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for FORT.
What other stocks do shareholders of Forterra own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Forterra investors own include Jack in the Box (JACK), Hikma Pharmaceuticals (HIK), Mitsubishi UFJ Financial Group (MTU), Zoetis (ZTS), Anglo American (AAL), Acxiom (ACXM), Alnylam Pharmaceuticals (ALNY), B&M European Value Retail (BME), Card Factory (CARD) and Cracker Barrel Old Country Store (CBRL).

What is Forterra's stock symbol?: Forterra trades on the London Stock Exchange (LON) under the ticker symbol "FORT."
How do I buy shares of Forterra?: Shares of FORT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is Forterra's stock price today?: One share of FORT stock can currently be purchased for approximately GBX 148.80.
How much money does Forterra make?: Forterra (LON:FORT) has a market capitalization of £316.65 million and generates £415.90 million in revenue each year. The company earns £37.10 million in net income (profit) each year or GBX 0.18 on an earnings per share basis.
How many employees does Forterra have?: The company employs 1,869 workers across the globe.
How can I contact Forterra?: Forterra's mailing address is 5 Grange Park Court, Roman Way, NORTHAMPTON, NN4 5EA, United Kingdom. The official website for the company is forterraplc.co.uk. The company can be reached via phone at +44-1604-707600.

This page (LON:FORT) was last updated on 10/2/2023 by MarketBeat.com Staff

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Forterra (FORT) Share Forecast, Price & News

Forterra MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Forterra (LON:FORT) Stock

FORT Price History

FORT Stock News Headlines

FORT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

FORT Stock - Frequently Asked Questions

Overall MarketRank^™