Fortescue Metals Group Ltd (AU:FMG)
ASX:FMG
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FMG Stock Chart & Stats
AU$21.23
AU$0.34(1.94%)
At close: 4:00 PM EST
AU$21.23
AU$0.34(1.94%)
Day’s Range― - ―
52-Week RangeAU$14.31 - AU$23.38
Previous CloseN/A
Volume5.14M
Average Volume (3M)7.08M
Market Cap
AU$66.53B
Enterprise ValueAU$49.26B
Total Cash (Recent Filing)AU$4.75B
Total Debt (Recent Filing)AU$6.22B
Price to Earnings (P/E)5.8
Beta1.11
Next Earnings
Aug 24, 2026EPS Estimate
0.8Next Dividend Ex-DateN/A
Dividend Yield4.96%
Share Statistics
EPS (TTM)1.24
Shares Outstanding3,078,964,800
10 Day Avg. Volume7,903,180
30 Day Avg. Volume7,078,448
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)1.55
Price to Sales (P/S)2.00
P/FCF Ratio9.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$19.30Price Target Upside-9.09% Downside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)1.22
Revenue Forecast (FY)AU$16.74B
Bulls Say, Bears Say
Bulls Say
Integrated Logistics And AssetsFortescue’s ownership and operation of integrated mine, rail and port infrastructure in the Pilbara yields durable operational control over production, haulage and shipping. That vertical integration reduces reliance on third parties, supports consistent volumes and creates high barriers to new entrants across the seaborne supply chain.
Low Leverage And Strong Capital StructureA low debt ratio and high equity share provide long-term financial flexibility to fund sustaining capex and cyclical downturns without acute refinancing risk. Robust ROE indicates the business converts equity into returns, enabling durable capacity to invest in growth or return cash while navigating commodity cycles.
High Operating And Gross MarginsSustained gross and EBIT margins reflect structurally low unit costs and scale advantages in Pilbara operations. High margins provide a buffer versus iron ore price volatility, support dividend capacity and reinvestment, and indicate durable operational efficiency even when revenue growth softens.
Bears Say
Declining Revenue And Net MarginRecent declines in revenue and a material drop in net margin point to demand, pricing or product-mix pressures that can persist across cycles. Lower top-line and margin compression reduce retained earnings and weaken the company’s ability to expand volumes or absorb prolonged low-price periods.
Weakening Free Cash Flow TrendsAlthough operating cash flow remains sizable, declining free cash flow growth and a falling FCF-to-income ratio signal slower cash available for discretionary uses. Over months, constrained FCF can limit capital allocation to green projects, reduce buffer for cyclical downturns, and pressure shareholder returns.
High Exposure To Commodity And Market CyclesA business model tied to seaborne iron ore prices and freight/FX dynamics creates structural earnings volatility. Sustainable planning and capital decisions are exposed to global steel demand and benchmark swings, making multi-month revenue predictability and margin stability challenging without hedging or diversification.
Fortescue Metals Group Ltd News
FMG FAQ
What was Fortescue Metals Group Ltd’s price range in the past 12 months?
Fortescue Metals Group Ltd lowest share price was AU$14.31 and its highest was AU$23.38 in the past 12 months.
What is Fortescue Metals Group Ltd’s market cap?
Fortescue Metals Group Ltd’s market cap is AU$66.53B.
When is Fortescue Metals Group Ltd’s upcoming earnings report date?
Fortescue Metals Group Ltd’s upcoming earnings report date is Aug 24, 2026 which is in 95 days.
How were Fortescue Metals Group Ltd’s earnings last quarter?
Fortescue Metals Group Ltd released its earnings results on Feb 24, 2026. The company reported AU$0.868 earnings per share for the quarter, the consensus estimate of AU$0.868 by AU$0.
Is Fortescue Metals Group Ltd overvalued?
According to Wall Street analysts Fortescue Metals Group Ltd’s price is currently Overvalued.
Does Fortescue Metals Group Ltd pay dividends?
Fortescue Metals Group Ltd pays a Semiannually dividend of AU$0.6 which represents an annual dividend yield of 4.96%. See more information on Fortescue Metals Group Ltd dividends here
What is Fortescue Metals Group Ltd’s EPS estimate?
Fortescue Metals Group Ltd’s EPS estimate is 0.8.
How many shares outstanding does Fortescue Metals Group Ltd have?
Fortescue Metals Group Ltd has 3,078,964,800 shares outstanding.
What happened to Fortescue Metals Group Ltd’s price movement after its last earnings report?
Fortescue Metals Group Ltd reported an EPS of AU$0.868 in its last earnings report, expectations of AU$0.868. Following the earnings report the stock price went up 4.651%.
Which hedge fund is a major shareholder of Fortescue Metals Group Ltd?
Currently, no hedge funds are holding shares in AU:FMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Fortescue Metals Group Ltd Stock Smart Score
Neutral
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9
10
Analyst Consensus
Hold
Average Price Target:
AU$19.30 (-9.09% Downside)
AU$19.30 (-9.09% Downside)
Blogger Sentiment
Bullish
AU:FMG Sentiment 91%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth AU$5.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.84%
12-Months-Change
Fundamentals
Return on Equity
18.83%
Trailing 12-Months
Asset Growth
7.30%
Trailing 12-Months
Company Description
Fortescue Metals Group Ltd
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. 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 is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador, Argentina, Colombia, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.
FMG Company Deck
FMG Earnings Call
Q2 2026
0:00 / 0:00
FMG Stock 12 Month Forecast
Average Price Target
AU$19.30
▼(-9.09% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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