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S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
pixel
pixel
pixel
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
pixel
pixel
pixel
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
pixel
pixel
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OTCMKTS:FSUGY

Fortescue Metals Group Stock Forecast, Price & News

$21.49
+0.16 (+0.75 %)
(As of 10/22/2021 12:00 AM ET)
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Compare
Today's Range
$20.96
$21.58
50-Day Range
$20.74
$33.39
52-Week Range
$20.40
$41.35
Volume74,292 shs
Average Volume62,970 shs
Market Capitalization$33.08 billion
P/E Ratio7.02
Dividend Yield27.57%
Beta1
30 days | 90 days | 365 days | Advanced Chart
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Fortescue Metals Group logo

About Fortescue Metals Group

Fortescue Metals Group Ltd. engages in the development of iron ore deposits. It operates through the China and Other geographical segments. Its projects include Chichester Hub, Solomon Hub, Port Hedland, Eliwana, Iron Bridgen and copper-gold exploration. The company was founded by John Andrew Henry Forrest in April 2003 and is headquartered in East Perth, Australia.

Headlines

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Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Current Symbol
OTCMKTS:FSUGY
Previous Symbol
NASDAQ:FSUGY
CIK
N/A
Employees
14,000
Year Founded
2003

Sales & Book Value

Annual Sales
$12.82 billion
Cash Flow
$3.17 per share
Book Value
$8.61 per share

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,539,483,000
Market Cap
$33.08 billion
Next Earnings Date
N/A
Optionable
Not Optionable

Social Links


MarketRank

Overall MarketRank

1.49 out of 5 stars

Analyst Opinion: 0.8Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Fortescue Metals Group (OTCMKTS:FSUGY) Frequently Asked Questions

Is Fortescue Metals Group a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortescue Metals Group in the last twelve months. There are currently 3 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Fortescue Metals Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSUGY, but not buy additional shares or sell existing shares.
View analyst ratings for Fortescue Metals Group
or view top-rated stocks.

What stocks does MarketBeat like better than Fortescue Metals Group?

Wall Street analysts have given Fortescue Metals Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fortescue Metals Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Fortescue Metals Group?

Fortescue Metals Group saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 79,800 shares, an increase of 386.6% from the September 15th total of 16,400 shares. Based on an average daily volume of 280,000 shares, the short-interest ratio is presently 0.3 days.
View Fortescue Metals Group's Short Interest
.

How has Fortescue Metals Group's stock price been impacted by COVID-19?

Fortescue Metals Group's stock was trading at $11.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FSUGY stock has increased by 81.4% and is now trading at $21.49.
View which stocks have been most impacted by COVID-19
.

How often does Fortescue Metals Group pay dividends? What is the dividend yield for Fortescue Metals Group?

Fortescue Metals Group declared a Semi-Annual dividend on Monday, August 30th. Investors of record on Thursday, September 9th will be given a dividend of $3.058 per share on Thursday, October 7th. The ex-dividend date is Wednesday, September 8th. This is a positive change from Fortescue Metals Group's previous Semi-Annual dividend of $1.41.
View Fortescue Metals Group's dividend history
.

Is Fortescue Metals Group a good dividend stock?

Fortescue Metals Group pays an annual dividend of $6.01 per share and currently has a dividend yield of 27.57%. FSUGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Fortescue Metals Group is 196.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Fortescue Metals Group will have a dividend payout ratio of 94.20% in the coming year. This indicates that Fortescue Metals Group may not be able to sustain their current dividend.
View Fortescue Metals Group's dividend history.

What price target have analysts set for FSUGY?

5 Wall Street analysts have issued 12 month price targets for Fortescue Metals Group's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate Fortescue Metals Group's share price to reach $22.00 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for Fortescue Metals Group
or view top-rated stocks among Wall Street analysts.

Who are Fortescue Metals Group's key executives?

Fortescue Metals Group's management team includes the following people:
  • Elizabeth Anne Gaines, Chief Executive Officer & Executive Director
  • Ian Wells, Chief Financial Officer
  • Tim Langmead, Director-Community, Environment & Government
  • Julie Shuttleworth, Deputy Chief Executive Officer
  • Christine Nicolau, General Manager-Metals

What is Fortescue Metals Group's stock symbol?

Fortescue Metals Group trades on the OTCMKTS under the ticker symbol "FSUGY."

How do I buy shares of Fortescue Metals Group?

Shares of FSUGY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fortescue Metals Group's stock price today?

One share of FSUGY stock can currently be purchased for approximately $21.49.

How much money does Fortescue Metals Group make?

Fortescue Metals Group has a market capitalization of $33.08 billion and generates $12.82 billion in revenue each year. The company earns $4.74 billion in net income (profit) each year or $3.06 on an earnings per share basis.

How many employees does Fortescue Metals Group have?

Fortescue Metals Group employs 14,000 workers across the globe.

When was Fortescue Metals Group founded?

Fortescue Metals Group was founded in 2003.

What is Fortescue Metals Group's official website?

The official website for Fortescue Metals Group is www.fmgl.com.au.

Where are Fortescue Metals Group's headquarters?

Fortescue Metals Group is headquartered at Level 2 87 Adelaide Terrace, East Perth C3, 6004.

How can I contact Fortescue Metals Group?

Fortescue Metals Group's mailing address is Level 2 87 Adelaide Terrace, East Perth C3, 6004. The company can be reached via phone at (186) 218-8888 or via email at [email protected].


This page was last updated on 10/24/2021 by MarketBeat.com Staff

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