How have FSUMF shares performed in 2024?

Fortescue's stock was trading at $19.44 at the start of the year. Since then, FSUMF stock has decreased by 17.7% and is now trading at $16.00. View the best growth stocks for 2024 here .

Are investors shorting Fortescue?

Fortescue saw a drop in short interest in March. As of March 31st, there was short interest totaling 9,982,000 shares, a drop of 7.7% from the March 15th total of 10,810,900 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 1,039.8 days. View Fortescue's Short Interest .

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

Fortescue announced a dividend on Sunday, February 25th. Shareholders of record on Thursday, February 29th will be given a dividend of $1.08 per share on Wednesday, March 27th. This represents a yield of 7.38%. The ex-dividend date is Wednesday, February 28th. Read our dividend analysis for FSUMF .

Is Fortescue a good dividend stock?

Fortescue (OTCMKTS:FSUMF) pays an annual dividend of $0.20 per share and currently has a dividend yield of 9.78%. FSUMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.45%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for FSUMF .

How do I buy shares of Fortescue?

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

OTCMKTS:FSUMF

Fortescue (FSUMF) Stock Price, News & Analysis

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$16.00

-0.50 (-3.03%)

(As of 04/19/2024 ET)

Compare

Today's Range: $15.89
▼
$16.00
50-Day Range: $15.78
▼
$18.75
52-Week Range: $11.97
▼
$19.90

Volume: 3,538 shs
Average Volume: 3,343 shs
Market Capitalization: N/A

P/E Ratio: 17.16
Dividend Yield: 1.25%
Price Target: N/A

Stock Analysis Chart Dividend Headlines Short Interest

Get Fortescue alerts:

Fortescue MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.02
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.79 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Fortescue.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Fortescue has a short interest ratio ("days to cover") of 1039.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Fortescue has recently decreased by 7.67%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

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%.

N/A

Sustainability and ESG

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

2.8

News and Social Media Coverage

News Sentiment
Fortescue has a news sentiment score of 1.02. 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 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Fortescue this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fortescue insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 15.27% of the stock of Fortescue is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Fortescue is 17.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fortescue is 17.16, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.33.

See Top Rated MarketRank™ Stocks Here

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About Fortescue Stock (OTCMKTS:FSUMF)

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.

FSUMF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FSUMF Stock News Headlines

April 19, 2024 | fool.com

Fortescue Metals Group (OTC: FSUM.F)

April 16, 2024 | seekingalpha.com

Fortescue: An Iron Ore Giant With Strong Cash Flows

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 10, 2024 | americanbankingnews.com

Fortescue (OTCMKTS:FSUMF) Shares Pass Below Two Hundred Day Moving Average of $16.71

March 11, 2024 | msn.com

No Bailout For Chinese Real Estate Developers Spells Trouble For Iron Ore Prices

February 22, 2024 | msn.com

Fortescue half-year net profit jumps 41%, reflecting higher iron ore prices

February 21, 2024 | wsj.com

Fortescue 1H Net Profit Up 41%, Raises Dividend

January 28, 2024 | markets.businessinsider.com

Fortescue Metals Group Ltd. Faces Execution Risks and Uncertainties: Analyst Issues Sell Rating

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

January 23, 2024 | msn.com

Fortescue gets Michigan funding for new battery, electrolyzer plant in Detroit

January 12, 2024 | finance.yahoo.com

Fortescue Ltd (FSUMF)

December 16, 2023 | msn.com

Fortescue (FSUMF) Price Target Increased by 5.69% to 13.85

December 7, 2023 | finance.yahoo.com

With 54% institutional ownership, Fortescue Ltd (ASX:FMG) is a favorite amongst the big guns

December 4, 2023 | fool.com.au

Why the Fortescue Metals Group Limited share price jumped higher today

November 21, 2023 | markets.businessinsider.com

Fortescue To Invest $750 Mln In 3 Projects; Shareholders Vote Against Remuneration Report

November 21, 2023 | finance.yahoo.com

Fortescue shareholders reject executive pay proposal

November 20, 2023 | finance.yahoo.com

UPDATE 2-Australia's Fortescue approves $750 mln investment for three green projects

November 20, 2023 | finance.yahoo.com

Fortescue Approves $750 Million Investment Across Clean Energy, Metal Projects

November 20, 2023 | finance.yahoo.com

Forrest’s Fortescue Begins $750 Million Clean Energy Shift

October 26, 2023 | msn.com

Fortescue Metals FQ1 iron ore shipments fall while costs rise

September 7, 2023 | finance.yahoo.com

Leadership Doubts Threaten Fortescue Founder’s Green Reinvention

August 28, 2023 | seekingalpha.com

Fortescue Metals Group GAAP EPS of $1.56, revenue of $16.87B

August 28, 2023 | reuters.com

Fortescue taps new co-CEO Otranto as exec turnover gathers pace

August 28, 2023 | bloomberg.com

Fortescue’s Iron Ore CEO Resigns After Less Than Six Months

August 28, 2023 | finance.yahoo.com

Fortescue profit drops on Iron Bridge impairment charge; co-CEO to step down

August 28, 2023 | finance.yahoo.com

Fortescue’s Iron Ore CEO Departs; Annual Profit Falls

August 28, 2023 | finance.yahoo.com

Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit

See More Headlines

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Company Calendar

Ex-Dividend for 3/27 Dividend: 2/28/2024
Dividend Payable: 3/27/2024
Today: 4/19/2024

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Industry, Sector and Symbol

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

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 17.16
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

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Key Executives

Dr. John Andrew Henry Forrest A.O. (Age 62)
AICD, BA, FAusIMM, Founder & Executive Chairman of the Board
Mr. Dino Otranto
Chief Executive Officer
Ms. Elizabeth Anne Gaines CA (Age 61)
Global Ambassador & Executive Director
Comp: $3.36M
Dr. Richard Mark Hutchinson B.Com. (Age 58)
Chief Executive Officer of Fortescue Energy
Comp: $2.18M
Ms. Apple Paget
Acting Chief Financial Officer
Mr. Andrew Driscoll
General Manager of Investor Relations
Mr. Philip James McKeiver
Chief General Counsel & Company Secretary
Ms. Shelley Maree Robertson BSc(Eng)
GradDip(IT), MBA, MEngSc, Chief Corporate Officer
Mr. Eamon Harmon
General Manager of Exploration
Rael McNally
Managing Director of Fortescue Capital

Key Competitors

View All Competitors

FSUMF Stock Analysis - Frequently Asked Questions

How have FSUMF shares performed in 2024?: Fortescue's stock was trading at $19.44 at the start of the year. Since then, FSUMF stock has decreased by 17.7% and is now trading at $16.00.
View the best growth stocks for 2024 here.
Are investors shorting Fortescue?: Fortescue saw a drop in short interest in March. As of March 31st, there was short interest totaling 9,982,000 shares, a drop of 7.7% from the March 15th total of 10,810,900 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 1,039.8 days.
View Fortescue's Short Interest.
How often does Fortescue pay dividends? What is the dividend yield for Fortescue?: Fortescue announced a dividend on Sunday, February 25th. Shareholders of record on Thursday, February 29th will be given a dividend of $1.08 per share on Wednesday, March 27th. This represents a yield of 7.38%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for FSUMF.

Is Fortescue a good dividend stock?: Fortescue (OTCMKTS:FSUMF) pays an annual dividend of $0.20 per share and currently has a dividend yield of 9.78%. FSUMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FSUMF.
How do I buy shares of Fortescue?: Shares of FSUMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:FSUMF) was last updated on 4/19/2024 by MarketBeat.com Staff

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Fortescue (FSUMF) Stock Price, News & Analysis

Fortescue MarketRank™ Stock Analysis

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

Company Ownership

Earnings and Valuation

About Fortescue Stock (OTCMKTS:FSUMF)

FSUMF Stock Price History

FSUMF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

FSUMF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™