FMG Stock Overview Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. More details
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Fortescue Ltd Competitors Price History & Performance
Summary of share price highs, lows and changes for Fortescue Historical stock prices Current Share Price AU$19.18 52 Week High AU$29.95 52 Week Low AU$15.91 Beta 0.88 1 Month Change 7.39% 3 Month Change -1.99% 1 Year Change -30.53% 3 Year Change -8.27% 5 Year Change 53.75% Change since IPO 294.65%
Recent News & Updates
Investor sentiment improves as stock rises 18% Sep 30
Final dividend of AU$0.89 announced Aug 30
Full year 2024 earnings released: EPS: US$1.85 (vs US$1.56 in FY 2023) Aug 28
Fortescue Ltd Appoints Noel Pearson as Non-Executive Director Aug 01
Now 20% undervalued after recent price drop Jul 18 Fortescue Ltd Announces Executive Changes See more updates
Investor sentiment improves as stock rises 18% Sep 30
Final dividend of AU$0.89 announced Aug 30
Full year 2024 earnings released: EPS: US$1.85 (vs US$1.56 in FY 2023) Aug 28
Fortescue Ltd Appoints Noel Pearson as Non-Executive Director Aug 01
Now 20% undervalued after recent price drop Jul 18 Fortescue Ltd Announces Executive Changes
First half dividend of AU$1.08 announced Feb 24 Fortescue Ltd, Annual General Meeting, Nov 06, 2024
First half 2024 earnings released: EPS: US$1.09 (vs US$0.77 in 1H 2023) Feb 23
Now 20% overvalued after recent price rise Jan 20
Fortescue Ltd Announces Executive Changes Nov 29
Fortescue Metals Group Limited, Annual General Meeting, Nov 21, 2023 Sep 22
Fortescue Metals Group Limited Announces CFO Changes Sep 02 Fortescue Metals Group Limited Announces Dividend for the Twelve Months Period Ended June 30, 2023, Payable on 28 September 2023
Full year 2023 earnings released Aug 28
Fortescue Metals Group Limited Announces Appointment of Deborah Caudle as Chief Financial Officer of Fortescue Energy Aug 03
APA, Fortescue Reportedly Lead Race as Alinta Raises the Stakes in Asset Sale Jul 12
APA, Fortescue Reportedly Lead Race as Alinta Raises the Stakes in Asset Sale Jul 11 Macquarie Reportedly No Longer in the Final Stages of the Competition for Alinta and Weighing Options to Partner with Another Contender Jul 07
Fortescue Metals Group Limited Announces Board Changes Jun 09
Fortescue Metals Group Ltd Appoints Christine Morris as Chief Financial Officer Jun 02
Upcoming dividend of AU$0.75 per share at 8.3% yield Feb 20
First half 2023 earnings released: EPS: US$0.77 (vs US$0.90 in 1H 2022) Feb 16 Fortescue Metals Group Limited Declares Fully Franked Interim Dividend for the First Half of Fiscal Year 2023, Payable on 29 March 2023
Fortescue Metals Group Limited Announces Resignation of Ian Wells as Group Chief Financial Officer Jan 09
Fortescue Metals Group Limited Appoints Fiona Hick as Chief Executive Officer Nov 30 Fortescue Metals Group Limited to Report Fiscal Year 2023 Results on Aug 28, 2023
Less than half of directors are independent Nov 16
Now 23% undervalued after recent price drop Oct 29
Fortescue Metals Group Limited Provides Production Guidance for the Year 2023 Oct 27
Now 22% undervalued after recent price drop Sep 22
Full year 2022 earnings released: EPS: US$2.01 (vs US$3.35 in FY 2021) Aug 30
Fortescue Metals Group Limited Declares Fully Franked Final Dividend for the Twelve Months Period Ended June 30, 2022, Payable on 29 September 2022 Aug 29
Fortescue Metals Group Limited Announces Fiscal Year 2022 Mineral Resources and Ore Reserves Update Aug 27
Fortescue Metals Group Limited Appoints Yifei Li as Director Aug 24
Fortescue Metals Group Ltd Announces Executive Changes May 19
Fortescue Metals Group Ltd Announces Executive Changes May 18
Less than half of directors are independent Apr 27
Fortescue Metals Group Limited, Annual General Meeting, Nov 22, 2022 Mar 04
Fortescue Metals Group Limited (ASX:FMG) completed the acquisition of Williams Advanced Engineering Ltd from Williams Grand Prix Holdings PLC (XTRA:WGF1) and EMK Capital LLP. Mar 03
Fortescue Metals Group Ltd Announces Resignation of Cao Zhiqiang as Non-Executive Director Feb 25
Upcoming dividend of AU$0.86 per share Feb 21
First half 2022 earnings: Revenues and EPS in line with analyst expectations Feb 18
Fortescue Metals Group Limited Announces Dividend for the Six Months Ended December 31, 2021, Payable on March 30, 2022 Feb 16
Fortescue Metals Group Limited Announces Executive Changes Feb 15
Less than half of directors are independent Jan 01
CEO, MD & Executive Director recently sold AU$9.4m worth of stock Sep 29
Investor sentiment deteriorated over the past week Sep 18
Full year 2021 earnings released: EPS US$3.35 (vs US$1.54 in FY 2020) Aug 30
Fortescue Metals Group Limited Provides Mineral Resources and Ore Reserves Update Aug 27
Fortescue Metals Group Limited Provides Iron Bridge Project Update May 29
New 90-day low: AU$20.41 Mar 11
First half 2021 earnings released: EPS US$1.33 (vs US$0.80 in 1H 2020) Feb 20
Revenue misses expectations Feb 20
Fortescue Metals Group Limited Announces Leadership Changes Feb 16
Chief Operating Officer has left the company Feb 16
SRG Global Ltd Wins Five-Year Term Contract with Fortescue Metals Group Feb 16
New 90-day high: AU$25.92 Jan 07
New 90-day high: AU$24.06 Dec 21 Fortescue Metals Group Limited to Report Q1, 2022 Results on Oct 28, 2021
Market bids up stock over the past week Dec 08
New 90-day high: AU$20.65 Dec 04
Non-Executive Director recently bought AU$230k worth of stock Aug 28
New 90-day high - AU$18.67 Aug 24
Full year earnings released - EPS AU$1.54 Aug 24 Fortescue Metals Group Limited to Report First Half, 2021 Results on Feb 17, 2021 Aug 24
New 90-day high - AU$17.56 Jul 30 Shareholder Returns FMG AU Metals and Mining AU Market 7D 7.2% 2.5% 0.07% 1Y -30.5% -9.2% 9.8%
See full shareholder returns
Return vs Market: FMG underperformed the Australian Market which returned 9.9% over the past year.
Price Volatility Is FMG's price volatile compared to industry and market? FMG volatility FMG Average Weekly Movement 4.6% Metals and Mining Industry Average Movement 10.5% Market Average Movement 7.9% 10% most volatile stocks in AU Market 16.6% 10% least volatile stocks in AU Market 2.9%
Stable Share Price: FMG has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: FMG's weekly volatility (5%) has been stable over the past year.
About the Company 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 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.
Show more Fortescue Ltd Fundamentals Summary How do Fortescue's earnings and revenue compare to its market cap? FMG fundamental statistics Market cap AU$59.12b Earnings (TTM ) AU$9.17b Revenue (TTM ) AU$29.41b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) FMG income statement (TTM ) Revenue US$18.22b Cost of Revenue US$8.67b Gross Profit US$9.55b Other Expenses US$3.86b Earnings US$5.68b
Last Reported Earnings
Jun 30, 2024
Earnings per share (EPS) 1.85 Gross Margin 52.40% Net Profit Margin 31.19% Debt/Equity Ratio 23.5%
How did FMG perform over the long term?
See historical performance and comparison Dividends
10.2% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/18 08:16 End of Day Share Price 2025/01/17 00:00 Earnings 2024/06/30 Annual Earnings 2024/06/30
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Fortescue Ltd is covered by 41 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Michael Harrowell APP Securities Pty Ltd. Russell Wright Barclay Pearce Capital Pty Limited Ephrem Ravi Barclays
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