BHP.UK

2,076

+0.97%↑

RIO.AU

117.81

+1.6%↑

IAG.AU

8.25

+1.6%↑

NST.AU

17.9

+1.88%↑

S32

198.7

+2.16%↑

BHP.UK

2,076

+0.97%↑

RIO.AU

117.81

+1.6%↑

IAG.AU

8.25

+1.6%↑

NST.AU

17.9

+1.88%↑

S32

198.7

+2.16%↑

BHP.UK

2,076

+0.97%↑

RIO.AU

117.81

+1.6%↑

IAG.AU

8.25

+1.6%↑

NST.AU

17.9

+1.88%↑

S32

198.7

+2.16%↑

BHP.UK

2,076

+0.97%↑

RIO.AU

117.81

+1.6%↑

IAG.AU

8.25

+1.6%↑

NST.AU

17.9

+1.88%↑

S32

198.7

+2.16%↑

BHP.UK

2,076

+0.97%↑

RIO.AU

117.81

+1.6%↑

IAG.AU

8.25

+1.6%↑

NST.AU

17.9

+1.88%↑

S32

198.7

+2.16%↑

Search

Fortescue Ltd.

Closed

Sector Basic materials

18.39 1.94

Overview

Share price change

24h

Current

Min

18.27

Max

18.41

Key metrics

By Trading Economics

Income

-2.2B

1.2B

Sales

-802M

8.7B

P/E

Sector Avg

7.625

46.261

EPS

0.72

Dividend yield

13.879

Profit margin

13.467

EBITDA

4.8B

Recommendations

By TipRanks

Recommendations

Neutral

12 Months Forecast

+4.23 upside

Dividends

By Dow Jones

Dividend yield

Sector Avg

13.88%

2.61%

Next Earnings

20 Feb 2025

Market Stats

By TradingEconomics

Market Cap

-5.4B

55B

Previous open

16.45

Previous close

18.39

News Sentiment

By Acuity

86%

14%

164 / 171 Basic materials

Fortescue Ltd. Chart

Past performance is not a reliable indicator of future results.

Related News

27 Aug 2024, 23:36 UTC

Earnings

Fortescue Annual Net Profit Rises 18% -- Update

27 Aug 2024, 23:13 UTC

Earnings

Fortescue Annual Net Profit Rises By 18%

21 Feb 2024, 23:37 UTC

Earnings

Fortescue 1st Half Net Profit Up 41%, Raises Dividend -- Update

21 Feb 2024, 23:11 UTC

Top News
Earnings

Fortescue 1st Half Net Profit Up 41%, Raises Dividend

7 Nov 2024, 22:25 UTC

Market Talk

China's Response to Any U.S. Tariffs Likely to Boost Iron Ore -- Market Talk

16 Sept 2024, 01:37 UTC

Market Talk

BHP, Rio Tinto Have Fallen Far Enough, Says New Bull -- Market Talk

12 Sept 2024, 02:27 UTC

Top News

Slide in Iron Ore Prices a Hiccup for Miners Amid Copper Scramble -- Analysis

28 Aug 2024, 00:55 UTC

Market Talk
Earnings

Fortescue Profit Misses Due to High Depreciation Charges -- Market Talk

27 Aug 2024, 22:40 UTC

Earnings

Fortescue: Includes Energy Unit Expenditure of $317 Million

27 Aug 2024, 22:39 UTC

Earnings

Fortescue Net Debt $497 Million at June 30

27 Aug 2024, 22:39 UTC

Earnings

Fortescue FY Capital Expenditure, Investments $2.9 Billion

27 Aug 2024, 22:38 UTC

Earnings

Fortescue FY Underlying Ebitda Margin 59%, Flat On-Year

27 Aug 2024, 22:38 UTC

Earnings

Fortescue FY Underlying Ebitda $10.71 Billion, Up 7% On-Year

27 Aug 2024, 22:35 UTC

Earnings

Fortescue FY Revenue $18.22 Billion, Up 8% On-Year

27 Aug 2024, 22:34 UTC

Earnings

Fortescue FY Underlying Profit $5.68 Billion, Up 3% On-Year

27 Aug 2024, 22:34 UTC

Earnings

Fortescue to Pay Final Dividend of 89 Australian Cents/Share

27 Aug 2024, 22:34 UTC

Earnings

Fortescue FY Net Profit $5.68 Billion, Up 18% On-Year

26 Jul 2024, 01:37 UTC

Market Talk

Fortescue's Guidance Suggests Lower Hematite Output -- Market Talk

6 Jun 2024, 00:02 UTC

Market Talk

Australia Iron-Ore Miners Tipped to Boost Shipments This Month, Like Usual -- Market Talk

25 Apr 2024, 22:37 UTC

Market Talk

Fortescue Needs Strong 4Q, It May Not Get One -- Market Talk

3 Apr 2024, 23:29 UTC

Market Talk

Iron-Ore Prices Have Cost Support at $90-$100/Ton -- Market Talk

22 Feb 2024, 01:20 UTC

Market Talk
Earnings

Fortescue Shipments May Need to End FY Strongly -- Market Talk

21 Feb 2024, 23:22 UTC

Earnings

Fortescue 1H Net Profit Up 41%, Raises Dividend -- Update

21 Feb 2024, 22:56 UTC

Earnings

Fortescue 1H Net Profit Up 41%, Raises Dividend

21 Feb 2024, 22:47 UTC

Earnings

Fortescue Says Work Underway to Replace High-Pressure Section of Iron Bridge Water Pipeline

21 Feb 2024, 22:46 UTC

Earnings

Fortescue Net Debt $569 Million at Dec. 31

21 Feb 2024, 22:45 UTC

Earnings

Fortescue Says Dividend Represents 65% Payout of 1H Profit

21 Feb 2024, 22:45 UTC

Earnings

Fortescue Reiterates FY Shipment, Cost, Capex Guidance

21 Feb 2024, 22:44 UTC

Earnings

Fortescue 1H Free Cash Flow $2.7 Billion

21 Feb 2024, 22:44 UTC

Earnings

Fortescue 1H Net Cash Flow From Operating Activities $4.2 Billion

Peer Comparison

Price change

Fortescue Ltd. Forecast

Price Target

By TipRanks

4.23% upside

12 Months Forecast

Average 18.876 AUD  4.23%

High 23 AUD

Low 14.25 AUD

Based on 12 Wall Street analysts offering 12 month price targets forFortescue Ltd. - Dist in the last 3 months.

Rating Consensus

By TipRanks

Neutral

12 ratings

4

Buy

4

Hold

4

Sell

Sentiment

By Acuity

164 / 171 Basic materials

News Sentiment

Very Strong Bearish Evidence

Volatility

Below average

News Volume (RCV)

Below average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Fortescue Ltd.

Fortescue Metals Group Limited (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. The Company is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. Its Chichester Hub in the Chichester Ranges includes the Cloudbreak and Christmas Creek mines. The Solomon Hub in the Hamersley Ranges is located 60 kilometers north of Tom Price and 120 kilometers to the west of its Chichester Hub. It includes the Firetail and Kings Valley mines, which together have a production capacity of 75 million tons per annum (mtpa). Its Iron Bridge project is located over 145 kilometers south of Port Hedland.