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Realtime updates for Fortescue Metals Group [FMG.AX]

Exchange: ASX Industry: Materials

Last Updated31 May 2024 @ 02:10

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Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 02:10):

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally...

Stats
Today's Volume	10.39M
Average Volume	5.53M
Market Cap	76.10B
EPS	$0 ( 2024-04-24 )
Next earnings date	( $0 ) 2024-08-28
Last Dividend	$1.000 ( 2023-09-04 )
Next Dividend	$0 ( N/A )
P/E	8.77
ATR14	$0.0220 (0.09%)

Volume Correlation

Long: 0.01 (neutral)

Short: -0.20 (neutral)

Signal:(50.397) Neutral

Fortescue Metals Group Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Fortescue Metals Group Correlation - Currency/Commodity

-0.33
( neutral )

-0.66
( moderate negative )

0.00
( neutral )

-0.67
( moderate negative )

0.11
( neutral )

0.26
( neutral )

Fortescue Metals Group Financials

Annual	2023
Revenue:	$16.66B
Gross Profit:	$8.74B (52.45 %)
EPS:	$1.540

FY	2023
Revenue:	$16.66B
Gross Profit:	$8.74B (52.45 %)
EPS:	$1.540

FY	2022
Revenue:	$23.98B
Gross Profit:	$13.32B (55.55 %)
EPS:	$2.78

FY	2021
Revenue:	$22.23B
Gross Profit:	$16.78B (75.49 %)
EPS:	$3.33

Financial Reports:

No articles found.

Fortescue Metals Group Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$1.210 (N/A)	$0 (N/A)	$0.750 (N/A)	$0 (N/A)	$1.000 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)

Fortescue Metals Group Dividend Information - Ex Dividend Knight

Dividend Sustainability Score: 8.90 - good (89.01%) | Divividend Growth Potential Score: 5.94 - Stable (18.84%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.0300	2011-03-08
Last Dividend	$1.000	2023-09-04
Next Dividend	$0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	26	--
Total Paid Out	$11.44	--
Avg. Dividend % Per Year	0.00%	--
Score	3.49	--
Div. Sustainability Score	8.90
Div.Growth Potential Score	5.94
Div. Directional Score	7.42	--

Next Divdend (Est)
(2024-07-09)

$1.025 Estimate 7.55 %

Dividend Stability

0.30 Poor

Dividend Score

3.49

Pay Frequency

Semi-Annually

Yearly Payout

Year	Amount	Yield

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for ASX

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
SHM.AX	Ex Dividend Knight	2023-09-07	Semi-Annually	0	0.00%
CBA.AX	Ex Dividend Junior	2023-08-16	Semi-Annually	0	0.00%
MFF.AX	Ex Dividend Knight	2023-10-06	Semi-Annually	0	0.00%
VCX.AX	Ex Dividend Junior	2023-08-21	Annually	0	0.00%
CVW.AX	Ex Dividend Junior	2023-09-06	Sporadic	0	0.00%
NWL.AX	Ex Dividend Knight	2023-08-22	Semi-Annually	0	0.00%
FID.AX	Ex Dividend Knight	2023-08-25	Semi-Annually	0	0.00%
PWH.AX	Ex Dividend Knight	2023-09-14	Semi-Annually	0	0.00%
ARB.AX	Ex Dividend Knight	2023-10-05	Semi-Annually	0	0.00%
IGL.AX	Ex Dividend Knight	2023-09-13	Annually	0	0.00%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.310	1.500	3.79	5.69	[0 - 0.5]
returnOnAssetsTTM	0.195	1.200	3.50	4.21	[0 - 0.3]
returnOnEquityTTM	0.369	1.500	7.02	10.00	[0.1 - 1]
payoutRatioTTM	0.609	-1.000	3.91	-3.91	[0 - 1]
currentRatioTTM	2.84	0.800	0.801	0.641	[1 - 3]
quickRatioTTM	2.26	0.800	1.411	1.129	[0.8 - 2.5]
cashRatioTTM	1.913	1.500	0.486	0.728	[0.2 - 2]
debtRatioTTM	0.174	-1.500	7.09	-10.00	[0 - 0.6]
interestCoverageTTM	40.60	1.000	10.00	10.00	[3 - 30]
operatingCashFlowPerShareTTM	4.17	2.00	8.61	10.00	[0 - 30]
freeCashFlowPerShareTTM	2.70	2.00	8.65	10.00	[0 - 20]
debtEquityRatioTTM	0.269	-1.500	8.92	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.572	1.000	3.80	3.80	[0.2 - 0.8]
operatingProfitMarginTTM	0.517	1.000	1.664	1.664	[0.1 - 0.6]
cashFlowToDebtRatioTTM	1.680	1.000	1.779	1.779	[0.2 - 2]
assetTurnoverTTM	0.628	0.800	9.15	7.32	[0.5 - 2]
Total Score				8.90

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	5.94	1.000	9.50	0	[1 - 100]
returnOnEquityTTM	0.369	2.50	8.08	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	2.70	2.00	9.10	10.00	[0 - 30]
dividendYielPercentageTTM	12.63	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	4.17	2.00	8.61	10.00	[0 - 30]
payoutRatioTTM	0.609	1.500	3.91	-3.91	[0 - 1]
pegRatioTTM	1.678	1.500	2.15	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.467	1.000	0.827	0	[0.1 - 0.5]
Total Score				5.94

Fortescue Metals Group Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Fortescue Metals Group

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.

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Total Execution Time: 1.5690748691559 seconds
Number of API calls: 2
Number of DB calls: 8