Shares in Fortescue Metals (ASX:FMG) are currently trading at A$17.2 but a key question for investors is how ongoing economic uncertainty will affect the price. One way of making that assessment is to examine where its strengths lie......
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Latest News & Insights for FMG
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Shares in Fortescue Metals (ASX:FMG) are currently trading at A$23.2, but a key question for investors is how much the current economic uncertainty will affect the price. One way of making that assessment is to look at the profile of t...
Fortescue Metals Group Limited (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. The Company is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. Its Chichester Hub in the Chichester Ranges includes the Cloudbreak and Christmas Creek mines. The Solomon Hub in the Hamersley Ranges is located 60 kilometers north of Tom Price and 120 kilometers to the west of its Chichester Hub. It includes the Firetail and Kings Valley mines, which together have a production capacity of 75 million tons per annum (mtpa). Its Iron Bridge project is located over 145 kilometers south of Port Hedland.
- John Andrew Forrest NEC
- Elizabeth Gaines CEO
- Mark Barnaba NVC
- Ian Wells CFO
- Julie Shuttleworth CEX
- Danny Goeman DSL
- Derek Brown OTH
- Gordon Cowe OTH
- Warren Fish OTH
- Peter Huston OTH
- Tim Langmead OTH
- Linda O'Farrell OTH
- Dino Otranto OTH
- Fernando Pereira OTH
- Felicity Underhill OTH
- Robert Watson OTH
- Alison Terry SEC
- Cameron Wilson SEC
- Jean Baderschneider NED
- Penny Bingham-Hall NED (61)
- Sebastian Coe NED
- Jennifer Morris NED (48)
- Ya-Qin Zhang NED (54)
- Cao Zhiqiang NED
- Level 2 87 Adelaide Terrace, East Perth, PERTH, 6004
- +61 862188888
Latest News for FMG
Upcoming Events for FMG
Q1 2022 Fortescue Metals Group Ltd Activities Report
Half Year 2022 Fortescue Metals Group Ltd Earnings Release
As of Today at 18:32 UTC, shares in Fortescue Metals are trading at AU$21.37. This share price information is delayed by 15 minutes.
Shares in Fortescue Metals last closed at AU$21.37 and the price had moved by -13.69% over the past 365 days. In terms of relative price strength the Fortescue Metals share price has underperformed the ASX All Ordinaries Index by -21.91% over the past year.
The overall consensus recommendation for Fortescue Metals is Hold. You can view the full broker recommendation list by unlocking its StockReport.
The Fortescue Metals dividend yield is 17.24% based on the trailing twelve month period.
Last year, Fortescue Metals paid a total dividend of $2.68, and it currently has a trailing dividend yield of 17.24%. We do not have any data on when Fortescue Metals is to next pay dividends.
We do not have data on when Fortescue Metals is to next pay dividends. The historic dividend yield on Fortescue Metals shares is currently 17.24%.
To buy shares in Fortescue Metals you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of AU$21.37, shares in Fortescue Metals had a market capitalisation of AU$65.76bn.
Here are the trading details for Fortescue Metals:
- Country of listing: Australia
- Exchange: ASX
- Ticker Symbol: FMG
Based on an overall assessment of its quality, value and momentum Fortescue Metals is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Fortescue Metals is AU$16.94. That is 20.72% below the last closing price of AU$21.37.
Analysts covering Fortescue Metals currently have a consensus Earnings Per Share (EPS) forecast of $1.64 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortescue Metals. Over the past six months, its share price has underperformed the ASX All Ordinaries Index by -18.8%.
As of the last closing price of AU$21.37, shares in Fortescue Metals were trading +7.24% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Fortescue Metals PE ratio based on its reported earnings over the past 12 months is 10.99. The shares last closed at AU$21.37.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Fortescue Metals' management team is headed by:
- John Andrew Forrest - NEC
- Elizabeth Gaines - CEO
- Mark Barnaba - NVC
- Ian Wells - CFO
- Julie Shuttleworth - CEX
- Danny Goeman - DSL
- Derek Brown - OTH
- Gordon Cowe - OTH
- Warren Fish - OTH
- Peter Huston - OTH
- Tim Langmead - OTH
- Linda O'Farrell - OTH
- Dino Otranto - OTH
- Fernando Pereira - OTH
- Felicity Underhill - OTH
- Robert Watson - OTH
- Alison Terry - SEC
- Cameron Wilson - SEC
- Jean Baderschneider - NED
- Penny Bingham-Hall - NED
- Sebastian Coe - NED
- Jennifer Morris - NED
- Ya-Qin Zhang - NED
- Cao Zhiqiang - NED