OTCMKTS:FSUGY

Fortescue Metals Group - FSUGY Stock Forecast, Price & News

$26.99

-0.80 (-2.88%)

(As of 03/23/2023 12:00 AM ET)

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Today's Range: $26.86
▼
$27.38
50-Day Range: $27.79
▼
$32.32
52-Week Range: $18.64
▼
$33.40

Volume: 23,391 shs
Average Volume: 41,969 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 7.52%
Price Target: N/A

Fortescue Metals Group MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.27
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -9.39%
From $3.09 to $2.80 Per Share

Overall MarketRank^™

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

1.15 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Fortescue Metals Group.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Fortescue Metals Group has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Fortescue Metals Group has recently increased by 8.00%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Fortescue Metals Group is a leading dividend payer. It pays a dividend yield of 7.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Fortescue Metals Group does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Fortescue Metals Group will have a dividend payout ratio of 72.50% next year. This indicates that Fortescue Metals Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

2.4

News and Social Media Coverage

News Sentiment
Fortescue Metals Group has a news sentiment score of 0.27. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Fortescue Metals Group this week, compared to 2 articles on an average week.
MarketBeat Follows
5 people have added Fortescue Metals Group to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fortescue Metals Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.01% of the stock of Fortescue Metals Group is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Fortescue Metals Group are expected to decrease by -9.39% in the coming year, from $3.09 to $2.80 per share.
Price to Book Value per Share Ratio
Fortescue Metals Group has a P/B Ratio of 2.39. 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 Fortescue Metals Group (OTCMKTS:FSUGY) Stock

Fortescue Metals Group Ltd. engages in the development of iron ore deposits. It operates through the following segments: Iron Ore, Fortescue Future Industries (FFI), and Corporate. The Iron Ore segments comprises of the exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. The FFI segment consists of undertaking activities in the global development of green electricity, green hydrogen and green ammonia projects. The Corporate segment refers to cash, debt and tax balances which are managed at a Group level, together with other corporate activities. The company was founded by John Andrew Henry Forrest in April 2003 and is headquartered in East Perth, Australia.

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FSUGY Stock News Headlines

March 23, 2023 | msn.com

Why did the Fortescue share price slide today?

March 20, 2023 | msn.com

Is the Fortescue share price a buy at $21?

March 23, 2023 | Investor Place Media (Ad)

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March 18, 2023 | msn.com

How to generate $10,000 of passive income from Fortescue shares

March 16, 2023 | msn.com

Fortescue share price marching higher as green hydrogen plans heat up

March 12, 2023 | msn.com

Could buying Fortescue shares at under $22 make me rich?

March 10, 2023 | msn.com

Thermax partners with Fortescue Future to foray into green hydrogen market

March 10, 2023 | msn.com

'Business as usual' as Fortescue Metals dumps jobs

March 23, 2023 | Investor Place Media (Ad)

Biden To Unleash "Choke Point" Operation On America?

March 8, 2023 | msn.com

Will the Fortescue share price crash in 2023?

March 3, 2023 | msn.com

What’s moving the Fortescue share price this week?

February 28, 2023 | msn.com

Fortescue share price rebounds on possible China supply restrictions

February 26, 2023 | msn.com

Why is the Fortescue share price sinking 8% today?

February 22, 2023 | msn.com

Hoping to bag the next Fortescue dividend? You’d better hurry

February 22, 2023 | msn.com

Why has the Fortescue share price hit a new 52-week high today?

February 21, 2023 | fool.com.au

Fortescue shares: Bull vs. Bear

February 15, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Materials Stocks: Fletcher Building Limited (OtherFRCEF) and Fortescue Metals Group Ltd (OtherFSUMF)

February 15, 2023 | cnbc.com

Fortescue sees solid iron ore demand this year on China property support

February 14, 2023 | marketwatch.com

Fortescue Metals 1H Net Profit US$2.37 Billion, Down 15% On-Year

February 14, 2023 | msn.com

Here’s what you need to know about the latest Fortescue dividend

February 7, 2023 | reuters.com

Fortescue inks deal for potential mining start at Gabon project in second-half 2023

February 7, 2023 | marketwatch.com

Fortescue Plans First Mining at Gabon Iron-Ore Project in 2H 2023

February 6, 2023 | finance.yahoo.com

We Think Fortescue Metals Group (ASX:FMG) Might Have The DNA Of A Multi-Bagger

February 6, 2023 | finance.yahoo.com

Australian Stocks’ Record High Hangs in Balance as Earnings Loom

January 19, 2023 | marketwatch.com

Fortescue Metals to Start Exploitation of Gabon's Belinga Iron Ore Deposits in 2Q

January 18, 2023 | msn.com

My Fortescue shares are up 30% in 3 months. Should I buy more?

January 18, 2023 | finance.yahoo.com

Will Andrew Forrest’s $6bn green bet pay off?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FSUGY Company Calendar

Ex-Dividend for 4/5 Dividend: 2/27/2023
Today: 3/23/2023
Dividend Payable: 4/05/2023
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Metal mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:FSUGY
Previous Symbol: NASDAQ:FSUGY
CUSIP: N/A
CIK: N/A
Web: www.fmgl.com.au
Phone: (186) 218-8888
Fax: 61-8-6218-8880
Employees: 10,164
Year Founded: 2003

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 2.85
Quick Ratio: 2.41

Sales & Book Value

Annual Sales: $17.39 billion
Price / Sales: N/A
Cash Flow: $4.93 per share
Price / Cash Flow: 5.64
Book Value: $11.27 per share
Price / Book: 2.47

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 1.11

Social Links

Key Executives

Dino Otranto
Chief Operating Officer

Jeffrey Farrell
Principal

Julie Shuttleworth
CEO-Fortescue Future Industries

Christine Nicolau
General Manager-Metals

David Freeman
Senior Geologist

Key Competitors

View All Competitors

FSUGY Stock - Frequently Asked Questions

Should I buy or sell Fortescue Metals Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortescue Metals Group in the last twelve months. There are currently 2 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" FSUGY shares.
View FSUGY analyst ratings or view top-rated stocks.
How have FSUGY shares performed in 2023?: Fortescue Metals Group's stock was trading at $27.88 at the start of the year. Since then, FSUGY stock has decreased by 0.3% and is now trading at $27.79.
View the best growth stocks for 2023 here.
Are investors shorting Fortescue Metals Group?: Fortescue Metals Group saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,700 shares, an increase of 8.0% from the February 13th total of 2,500 shares. Based on an average daily trading volume, of 75,300 shares, the short-interest ratio is currently 0.0 days.
View Fortescue Metals Group's Short Interest.
How often does Fortescue Metals Group pay dividends? What is the dividend yield for Fortescue Metals Group?: Fortescue Metals Group announced a dividend on Saturday, February 18th. Investors of record on Tuesday, February 28th will be paid a dividend of $1.0143 per share on Wednesday, April 5th. This represents a dividend yield of 8.42%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for FSUGY.

Is Fortescue Metals Group a good dividend stock?: Fortescue Metals Group (OTCMKTS:FSUGY) pays an annual dividend of $2.03 per share and currently has a dividend yield of 7.17%. FSUGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FSUGY.
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 stock 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 $27.79.
How many employees does Fortescue Metals Group have?: The company employs 10,164 workers across the globe.
How can I contact Fortescue Metals Group?: Fortescue Metals Group's mailing address is Level 2 87 Adelaide Terrace, East Perth C3, 6004. The official website for the company is www.fmgl.com.au. The company can be reached via phone at (186) 218-8888, via email at investorrelations@fmgl.com, or via fax at 61-8-6218-8880.

This page (OTCMKTS:FSUGY) was last updated on 3/23/2023 by MarketBeat.com Staff

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Fortescue Metals Group - FSUGY Stock Forecast, Price & News

Fortescue Metals Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Fortescue Metals Group (OTCMKTS:FSUGY) Stock

FSUGY Stock News Headlines

FSUGY Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

FSUGY Stock - Frequently Asked Questions

Overall MarketRank^™