Fortescue Metals Group Ltd (FMG)

Currency in AUD
18.190
+0.110(+0.61%)
Closed·
High dividend Yield
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Fair Value
Day's Range
18.02018.335
52 wk Range
17.65023.380
Key Statistics
Bid/Ask
18.14 / 18.20
Prev. Close
18.08
Open
18.08
Day's Range
18.02-18.335
52 wk Range
17.65-23.38
Volume
6.13M
Average Volume (3m)
6.03M
1-Year Change
-0.8179%
Fair Value
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Fair Value Upside
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FMG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
17.808
Downside
-2.10%
Members' Sentiments
Bearish
Bullish
ProTips
Pays a significant dividend to shareholders
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Technical Analysis

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

Analyst Ratings

2 Buy
9 Hold
6 Sell
Ratings:
17 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 17.808
(-2.10% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy23.00+26.44%24.00MaintainAug 04, 2026
UBS
Hold19.05+4.73%19.70MaintainAug 04, 2026
Morgan Stanley
Sell15.55-14.51%17.25MaintainAug 03, 2026
JPMorgan
Buy24.00+31.94%-UpgradeJul 07, 2026
Goldman Sachs
Sell16.90-7.09%18.90DowngradeJul 02, 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: 2026-04-23, 09:12 p/m
Read Full Transcript

Earnings

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

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.21%
Dividend Yield
6.75%
Industry Median 3.62%
Annualized 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
10.5x19.9x3.6x
PEG Ratio
−2.520.210.00
Price/Book
1.9x2.3x1.6x
Price / LTM Sales
2.4x2.7x1.3x
Upside (Analyst Target)
−6.7%11.5%40.7%
Fair Value Upside
Unlock−2.0%1.4%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
457.62M14.86%8.15B
Other Institutional Investors
212.14M6.89%3.78B
Public Companies & Retail Investors
2.41B78.24%42.88B
Total
3.08B100.00%54.8B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.5.02%154,473,8112,749,634
State Street Global Advisors, Inc.4.90%150,860,1642,685,311

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FAQ

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

The Fortescue Metals stock price today is 18.190 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 6.85%.

What Is the Fortescue Metals Market Cap?

As of today, Fortescue Metals market cap is 55.660B 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 Aug 24, 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 Aug 05, 2026, Fortescue Metals (FMG) is trading at a price of 18.190 AUD, with a previous close of 18.080 AUD. The stock has fluctuated within a day range of 18.020 AUD to 18.335 AUD, while its 52-week range spans from 17.650 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 17.808 AUD, with a high estimate of 22.87132927 AUD and a low estimate of 15.13264293 AUD. 2 analysts recommend buying the stock, while 6 suggest selling, leading to an overall rating of Neutral. The stock has an -2.10% Downside potential.
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