Fermi Inc.

NasdaqGS:FRMI Stock Report

Market Cap: US$3.8b

Fermi Dividends and Buybacks

Dividend criteria checks 0/6

Fermi does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-19.7%

Buyback Yield

Total Shareholder Yield-19.7%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Seeking Alpha 9h

Fermi: Still Problems To Sort Out

Summary Fermi remains a hold, as revenue generation and tenant signings are still unproven, despite progress on Project Matador. FRMI increased debt substantially to fund its energy-focused data center campus, avoiding shareholder dilution but raising financial risk. Leadership instability, with the CEO ousted and no replacement yet, clouds near-term prospects for securing lucrative triple-net leases. While macro tailwinds exist and long-term capacity has grown to 17 GW, dividends and meaningful cash flow are likely years away. Read the full article on Seeking Alpha
New Narrative Apr 30

Gas Power Permits And Tenant Delays Will Eventually Support Large Scale AI Infrastructure

Catalysts About Fermi Fermi develops and finances large scale power and data center infrastructure to serve energy intensive computing and artificial intelligence customers. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 15

Surging AI Power Demand And Scarce Grid Capacity Will Support Long Term Tenant Contracts

Catalysts About Fermi Fermi is building a large scale private power grid and related infrastructure to supply electricity to energy intensive tenants such as data centers and chip ecosystem players. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 31

Large Scale AI Power Infrastructure Will Transform Long Term Cash Flows And Tenant Demand

Catalysts About Fermi Fermi develops large scale power and data infrastructure to support tenants focused on artificial intelligence and high intensity computing. What are the underlying business or industry changes driving this perspective?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if FRMI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FRMI's dividend payments have been increasing.


Dividend Yield vs Market

Fermi Dividend Yield vs Market
How does FRMI dividend yield compare to the market?
SegmentDividend Yield
Company (FRMI)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Specialized REITs)3.9%
Analyst forecast (FRMI) (up to 3 years)0%

Notable Dividend: Unable to evaluate FRMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FRMI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate FRMI's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FRMI has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 16:39
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Fermi Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew FisherBerenberg
Brett KnoblauchCantor Fitzgerald & Co.
Derek SoderbergCantor Fitzgerald & Co.