fortescue (asx)

What happened? See the Consensus Data posts for more information. Returns since inception 01/06/2017.

Below Fair Value: FMG (A$16.82) is trading above our estimate of fair value (A$16.16). This was the start of a love affair with Australian equities and he hasn’t looked back since. Dividend Coverage: At its current payout ratio (79%), FMG's payments are covered by earnings.

What is Fortescue Metals Group current dividend yield, its reliability and sustainability? Interest Coverage: FMG's interest payments on its debt are well covered by EBIT (40x coverage).

Speaking of which, thanks to the improving outlook for steel production in China and tight market conditions, I expect iron ore prices to average ~US$100 a tonne in 2021. Fortescue Metals Group Limited () Stock Market info Recommendations: Buy or sell Fortescue Metals Group stock? FMG's revenue is expected to decline over the next 3 years (-10.1% per year). Motley Fool Australia’s Dividend experts recently released a brand-new FREE report revealing 3 dividend stocks with JUICY franked dividends that could keep paying you meaty dividends for years to come.

Hear our experts take on shares, the market & how to invest. (7.7x) compared to the Australian market (21.1x). So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered!

How to Buy Shares in Australia (for beginners), 2.

The Complete Guide to Planning For Your Retirement, Setting up an SMSF: 10 Things You Need to Know Before Starting, 3 easy steps to building your ASX share portfolio for an early retirement, 4 tips on how to pick winning stocks for your retirement share portfolio, This is the best asset to own to start saving for your early retirement, Commonwealth Bank of Australia (ASX: CBA), Flight Centre Travel Group Ltd (ASX: FLT), Vanguard Australian Shares Index (ASX: VAS), Douugh and Afterpay were among the most traded shares on the ASX last week, Why IDP Education, Perseus Mining, Lovisa, & Tyro shares are dropping lower, ASX 200 down 0.2%: Afterpay rockets on Westpac deal, Zip climbs, BHP’s Q1 update. What did Fortescue announce? Overall, this should put Fortescue in a position to deliver high levels of free cash flow again in FY 2021.

At time of writing, Fortescue Metals Group Ltd [] shares are trading at $17.36, down 8% from yesterday.

The Fortescue Metals Group Limited share price is pushing higher today after the ASX miner announced its full-year results and declared a monster final dividend.Here are the key points. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. The Motley Fool Australia has recommended AVENTUS RE UNIT. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. The buy-back period will now continue for an unlimited duration, with the maximum number of shares that may be bought-back to be determined periodically by the company’s 10/12 limit. All rights reserved.

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12 Stocks To Buy in 2020 (Including 2 Every Investor Should Own), Everything You Need to Know About Tech Investing, The Beginner’s Guide to Investing in Gold. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. The Motley Fool Australia operates under AFSL 400691.

Win at Retirement Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article, This 5G Stock Could Be Like Buying McDonald’s in 1965. High ROE: FMG's Return on Equity (35.8%) is considered high. .dvWAgq{position:relative;width:100%;padding:1.6rem;color:#5CBAEA;} Fortescue Metal Group Ltd (FMG), 06/11/2003.

Fortescue has just completed its first quarter and will be providing the market with an update on its performance towards the end of the month.

Please refer to our Financial Services Guide (FSG) for more information. PB vs Industry: FMG is overvalued based on its PB Ratio (2.8x) compared to the AU Metals and Mining industry average (2.6x). PEG Ratio: FMG's earnings are forecast to decline next year, so we can't calculate its PEG ratio. Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

The Motley Fool has a disclosure policy. Accelerating Growth: FMG's earnings growth over the past year (48.1%) exceeds its 5-year average (40.5% per year). By clicking this button, you agree to our Terms of Service and Privacy Policy. HelloFresh Offer Revealed: Get $90 Off Over Your Next 4 Deliveries Now! Investment news, stock ideas, and more, straight to your inbox. Is Fortescue Metals Group undervalued compared to its fair value and its price relative to the market?

Here’s why I would buy them: Aventus is a retail property company which owns and operates 20 large format retail parks across Australia. Here’s why I would buy them: Aventus is a retail property company which owns and operates 20 large format retail parks across Australia. Listen to Our Podcast During the COVID-19 pandemic, we have had to make difficult decisions including a temporary change to our roster to contain the spread of the virus. Should you invest in Fortescue Metals Group (ASX:FMG)? 'We're not friends anymore.' Our latest articles and strategies for the post-work life you want.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. Former Names ... Companies must notify the ASX of any change in director within 10 business days. However, if iron ore prices remain at elevated levels for longer than expected, this yield could be materially higher. ASX 200   |   A     B     C     D     E     F     G     H     I     J     L     M     N     O     P     Q     R     S     T     U     V     W     X. /* sc-component-id: sc-iELTvK */ These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’. Win at Retirement This article contains general investment advice only (under AFSL 400691). Copyright © 2020 Market Index.

After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager.

This has been driven largely by their high weighting towards everyday needs through tenants such as ALDI, Bunnings, Officeworks, and The Good Guys. Companies must notify the ASX of any change in director within 10 business days. Scott just revealed what he believes are the. FMG's dividend (11.77%) is in the top 25% of dividend payers in the Australian market (5.51%). Get Started Investing Past performance is not necessarily indicative of future returns.

Ms. Gaines has been Chief Executive Officer at Fortescue Metals Group Limited. (7.7x) compared to the AU Metals and Mining industry average (12.2x). Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! The iron …

Fortescue Metals Group Limited Another high yield ASX dividend share I would buy is Fortescue. You can unsubscribe at anytime. © 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved. FMG directors must report any change in shareholding to the ASX within 5 business days. The Motley Fool has a disclosure policy. Status changed to Allied M. Name changed to Fortescue Metal Group Ltd (FMG), effective 5/08/2003.Name changed to Fortescue Metals Group Ltd (FMG) on 6/11/2003. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. You can do it. You might already have an ASX account with another platform. Another high yield ASX dividend share I would buy is Fortescue. James is part of the CFA Institute’s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla {background: #fff7c4;} aside section .fool-ecap-id-19.fool-ecap-type-vanilla h3 {font-size: 1.6em;} p.ecap-disclaimer {font-size: 0.6em!important;}div.fool-ecap.fool-ecap-id-19 form {position: relative;text-align: center;margin: .2em 1em;}.fool-ecap.fool-ecap-id-19 p.ecap-disclaimer {margin-left: 0px;} .fool-ecap.fool-ecap-id-19 p.above-email{ margin-bottom: 0px;text-align:center;} div.fool-ecap.fool-ecap-id-19 p {color: #464646;}.fool-ecap-type-vanilla.fool-ecap-id-19 h3 {color: #404040;display: block !important;}.fool-ecap-type-vanilla.fool-ecap-id-19 .ecap-disclaimer{color: #484848 !important;}.fool-ecap-id-19.fool-ecap-type-vanilla h3.title{display:none !important;} .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla{ margin-bottom: 10px;}.fool-ecap-type-vanilla.fool-ecap-id-19 input[type="submit"] { margin: .5rem 0 .5rem !important;}.fool-ecap.fool-ecap-id-19 img {display: inline;}.

1. Like us on Facebook to see similar stories, Exxon Mobil, after Trump's fundraising remarks, says its CEO and Trump had no phone call, How Ardern's victory is a win for Australia. Earnings vs Industry: FMG earnings growth over the past year (48.1%) exceeded the Metals and Mining industry 22.2%. FMG's dividend (11.77%) is higher than the bottom 25% of dividend payers in the Australian market (2.15%). In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. .biqLmW svg{display:block;margin:auto;height:100px;width:324px;}. Past performance is not necessarily indicative of future returns. According to a note out of Goldman Sachs from last week, it expects the company to report iron ore shipments of 42.5Mt. Twisted Sister singer Dee Snider says Clive Palmer's version of We're Not Gonna Take It is 'awful', Note from Diana denying claims she was manipulated by BBC goes missing, Arabella Del Busso on dealing with haters, Madrid hospital struggles with surge in virus cases, Asda launches 'greener price' promise and sustainability store, Keep getting tested for Covid: NSW Health, California's feared surge of virus cases hasn't happened, Eoin Morgan: Players could quit tours if Covid-19 bubble is too much, In Alabama, piety and pragmatism draw Christians to Trump.

Debt Level: FMG's debt to equity ratio (32%) is considered satisfactory. FMG's revenue is forecast to decline over the next 3 years (-10.1% per year). It's not possible to publish a real-time Top 20 Shareholder list.

For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. Faces of Fortescue - Meet Dean Habets. I’m a big fan of the iron ore producer due to its world class, low cost operations and improving grades. See Director Transactions for all ASX companies. Financial Services Guide |

Sign Up for Take Stock Current as of October 20, 2020 2:43am. MarketIndex.com.au and its data suppliers accept no responsibility for any claim, loss or damage as a result of information on this website. Fortescue Metals Group Limited's company bio, employee growth, exchange listings and data sources, Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Invalid password: this word has been flagged as unsuitable for use as a secure password. High Growth Earnings: FMG's earnings are forecast to decline over the next 3 years. Market data is provided and copyrighted by Thomson Reuters and Morningstar. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*. No announcement is required so the "Since" date is often unavailable. Click for restrictions.

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