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$68.65B
Enterprise ValueAU$50.83B
Total Cash (Recent Filing)AU$4.75B
Total Debt (Recent Filing)AU$6.22B
Price to Earnings (P/E)12.8
Beta1.13
Next Earnings
Aug 24, 2026EPS Estimate
0.75Next 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$16.76B
Bulls Say, Bears Say
Bulls Say
Integrated Mine-rail-port InfrastructureOwning and operating mines, rail and port assets creates durable scale and control over the full export chain. This reduces logistics bottlenecks, lowers unit costs, supports reliable volumes to customers, and raises barriers to entry versus peers over the medium term.
Prudent Balance Sheet With Low LeverageA low debt-to-equity ratio and strong equity ratio give Fortescue financial flexibility to fund sustaining and growth capex, pay dividends, and weather commodity cycles. This reduces refinancing risk and supports long-term strategic investments like green projects.
Strong Operating Cash GenerationHigh operating cash flow and solid cash conversion versus net income provide resilience across cycles. Reliable cash generation funds sustaining operations, deleveraging, shareholder returns, and selective reinvestment without immediate reliance on external financing.
Bears Say
Declining Revenue And Net Margin CompressionFalling revenue and a meaningful drop in net margin reduce earnings power and internal funding capacity. Over months this limits free cash available for growth initiatives, forces tougher capital allocation choices, and weakens the buffer against commodity swings.
Negative Free Cash Flow GrowthDeclining free cash flow growth and a lower FCF-to-net-income ratio signal tightening cash left after capex. Persisting declines constrain dividends, reinvestment in efficiency or green projects, and reduce flexibility to pursue opportunistic M&A without extra leverage.
High Exposure To Iron Ore Price CyclesFortescue's earnings remain structurally tied to volatile global iron ore benchmarks. This cyclical revenue dependence makes medium-term cashflows and margins highly sensitive to commodity demand and prices, complicating steady planning and investment.
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$68.65B.
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 84 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$0.862 earnings per share for the quarter, the consensus estimate of AU$0.862 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 0.75.
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$0.862 in its last earnings report, expectations of AU$0.862. 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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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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