Fortescue Metals Group Ltd (FMG)

Currency in AUD
19.650
-0.570(-2.82%)
Closed·
Earnings results expected in 13 days
High dividend Yield
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Fair Value
Day's Range
19.55020.020
52 wk Range
14.31023.380
Key Statistics
Bid/Ask
19.62 / 19.65
Prev. Close
20.22
Open
19.79
Day's Range
19.55-20.02
52 wk Range
14.31-23.38
Volume
6.89M
Average Volume (3m)
6.56M
1-Year Change
23.5186%
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
18.971
Downside
-3.46%
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
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

1 Buy
9 Hold
6 Sell
Ratings:
16 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 18.971
(-3.46% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
CLSA
Sell16.65-15.27%17.85MaintainApr 27, 2026
RBC Capital
Hold21.00+6.87%22.00MaintainApr 24, 2026
RBC Capital
Hold22.00+11.96%21.00MaintainApr 20, 2026
UBS
Hold20.40+3.82%20.00MaintainMar 27, 2026
Macquarie
Buy22.00+11.96%22.00UpgradeMar 27, 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
Feb 24, 2026
EPS / Forecast
0.62 / 0.58
Revenue / Forecast
8.44B / 8.45B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.21%
Dividend Yield
6.07%
Industry Median 3.37%
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
11.9x18.0x2.7x
PEG Ratio
−2.840.220.00
Price/Book
2.1x2.4x1.6x
Price / LTM Sales
2.7x3.0x1.4x
Upside (Analyst Target)
−3.7%15.3%26.7%
Fair Value Upside
Unlock8.4%−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
462.79M15.03%9.31B
Other Institutional Investors
1.52B49.51%30.65B
Public Companies & Retail Investors
1.09B35.45%21.95B
Total
3.08B100.00%61.91B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Tattarang Pty Ltd35.12%1,081,277,13721,863,424
Valin Holdings Group Co.,Ltd.8.75%269,395,4775,447,177

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FAQ

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

The Fortescue Metals stock price today is 19.650 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 6.07%.

What Is the Fortescue Metals Market Cap?

As of today, Fortescue Metals market cap is 60.280B 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 May 13, 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 Apr 30, 2026, Fortescue Metals (FMG) is trading at a price of 19.650 AUD, with a previous close of 20.220 AUD. The stock has fluctuated within a day range of 19.550 AUD to 20.020 AUD, while its 52-week range spans from 14.310 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 18.971 AUD, with a high estimate of 21.92769403 AUD and a low estimate of 15.94779453 AUD. 1 analysts recommend buying the stock, while 6 suggest selling, leading to an overall rating of Neutral. The stock has an -3.46% Downside potential.
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