Fortescue Metals Group Ltd (FMG)

Currency in AUD
19.520
+0.450(+2.36%)
Closed·
High dividend Yield
FMG is included in our AI-picked strategies. See how they work
Fair Value
Day's Range
18.98019.540
52 wk Range
15.05023.380
Key Statistics
Bid/Ask
19.50 / 19.54
Prev. Close
19.07
Open
19
Day's Range
18.98-19.54
52 wk Range
15.05-23.38
Volume
4.55M
Average Volume (3m)
5.76M
1-Year Change
26.2613%
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
FMG Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
19.451
Downside
-0.36%
Members' Sentiments
Bearish
Bullish
ProTips
Pays a significant dividend to shareholders
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

1 Buy
9 Hold
7 Sell
Ratings:
17 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 19.451
(-0.36% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold24.00+22.95%21.00Maintain26/05/2026
CLSA
Sell16.65-14.70%17.85Maintain27/04/2026
RBC Capital
Hold21.00+7.58%22.00Maintain24/04/2026
RBC Capital
Hold22.00+12.70%21.00Maintain20/04/2026
UBS
Hold20.40+4.51%20.00Maintain27/03/2026

Fortescue Metals Group Ltd Earnings Call Summary for Q3/2026

  • Fortescue posted record Q3 iron ore shipments of 48.4M tons (+5% YoY); hematite C1 costs fell 4% QoQ to AUD 18.29/ton amid effective cost management
  • Stock declined 2.34% as net debt rose to AUD 1.6B from AUD 1.0B; closing cash balance stood at AUD 4.2B despite strong operational performance
  • Iron Bridge FY2026 shipment guidance revised down to 9-10M tons from 10-12M tons due to tropical cyclone disruptions and weather impacts
  • Company advancing green energy initiatives targeting 20% returns; CEO Gaines emphasized commitment to operational excellence despite weather challenges
  • Key risks include weather disruptions, port infrastructure constraints, and sensitivity to FX/diesel price fluctuations affecting future margins
Last Updated: 24/04/2026, 11:12 am
Read Full Transcript

Earnings

Latest Release
13/05/2026
EPS / Forecast
-- / --
Revenue / Forecast
-- / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.21%
Dividend Yield
6.40%
Industry Median 3.53%
Annualised payout
1.22
Paid unevenly
5-Years Growth
-14.59%
Growth Streak

FMG Income Statement

Compare FMG to Peers and Sector

Metrics to compare
FMG
Peers
Sector
Relationship
P/E Ratio
10.8x18.7x3.3x
PEG Ratio
−2.600.210.00
Price/Book
2.0x2.1x1.6x
Price / LTM Sales
2.5x2.8x1.3x
Upside (Analyst Target)
1.8%15.1%41.2%
Fair Value Upside
Unlock6.4%3.7%Unlock

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in Perth, Australia.

Employees
15745
Market
Australia

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
476.80M15.49%9.09B
Other Institutional Investors
211.75M6.88%4.04B
Public Companies & Retail Investors
2.39B77.63%45.58B
Total
3.08B100.00%58.71B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.5.02%154,471,7612,945,776
State Street Global Advisors, Inc.4.90%150,860,1642,876,903

People Also Watch

115.39
CSL
+0.45%
35.200
ANZ
+0.46%
59.820
BHP
+1.41%
35.240
WBC
+0.28%
192.53
NVDA
-1.64%

FAQ

What Is the Fortescue Metals (FMG) Stock Price Today?

The Fortescue Metals stock price today is 19.520 AUD.

What Stock Exchange Does Fortescue Metals Trade On?

Fortescue Metals is listed and trades on the Sydney Stock Exchange.

What Is the Stock Symbol for Fortescue Metals?

The stock symbol for Fortescue Metals is "FMG."

Does Fortescue Metals Pay Dividends? What’s The Current Dividend Yield?

The Fortescue Metals dividend yield is 6.44%.

What Is the Fortescue Metals Market Cap?

As of today, Fortescue Metals market cap is 59.850B AUD.

What Is Fortescue Metals's Earnings Per Share (TTM)?

The Fortescue Metals EPS (TTM) is 1.212.

When Is the Next Fortescue Metals Earnings Date?

Fortescue Metals will release its next earnings report on 24/08/2026.

From a Technical Analysis Perspective, Is FMG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Fortescue Metals Stock Split?

Fortescue Metals has split 3 times.

How Many Employees Does Fortescue Metals Have?

Fortescue Metals has 15745 employees.

What is the current trading status of Fortescue Metals (FMG)?

As of 29/06/2026, Fortescue Metals (FMG) is trading at a price of 19.520 AUD, with a previous close of 19.070 AUD. The stock has fluctuated within a day range of 18.980 AUD to 19.540 AUD, while its 52-week range spans from 15.050 AUD to 23.380 AUD.

What Is Fortescue Metals (FMG) Price Target According to Analysts?

The average 12-month price target for Fortescue Metals is 19.451 AUD, with a high estimate of 24.54756381 AUD and a low estimate of 15.46838747 AUD. 1 analysts recommend buying the stock, while 7 suggest selling, leading to an overall rating of Neutral. The stock has an -0.36% Downside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.