Fortescue (FSUMF) Stock Price, News & Analysis

Company Overview

Fortescue is an Australian resources and energy company formerly known as Fortescue Metals Group. Founded in 2003 by Andrew Forrest, the company has developed into one of the major iron ore producers in the Pilbara region of Western Australia.

The company explores, develops, mines and processes iron ore, transporting its products through an integrated network of railways, port facilities and other infrastructure. Fortescue supplies iron ore to customers in international markets, particularly in Asia, and operates mining and infrastructure assets in Western Australia.

Through its Fortescue Energy business, the company is also pursuing renewable energy, green hydrogen, green ammonia and other technologies intended to support industrial decarbonization. Fortescue is led by Executive Chairman Andrew Forrest and Chief Executive Officer Dino Otranto.

Key Stats

• Today's Range: $12.09 to $12.09
• 50-Day Range: $11.57 to $13.45
• 52-Week Range: $10.90 to $16.60
• Volume: 50 shs
• Average Volume: 6,536 shs
• Market Capitalization: N/A
• P/E Ratio: 12.96
• Dividend Yield: 1.65%
• Price Target: N/A
• Consensus Rating: Hold

Fortescue Stock Analysis - MarketRank™

Fortescue scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Fortescue has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Fortescue has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Fortescue is 12.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fortescue is 12.96, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 24.82.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Fortescue has a short interest ratio ("days to cover") of 288.11, which indicates bearish sentiment.

Change versus previous month

Short interest in Fortescue has recently decreased by 21.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Fortescue is a leading dividend payer. It pays a dividend yield of 9.78%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Fortescue does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Fortescue is 21.45%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Fortescue this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Fortescue insiders have not sold or bought any company stock.

Percentage Held by Institutions

15.27% of the stock of Fortescue is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:FSUMF
• CIK: N/A
• Web: www.fmgl.com.au
• Phone: (186) 218-8888
• Fax: N/A
• Employees: 13,690
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 12.96
• 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: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

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