Fortescue Ltd (ASX: FMG) Share Price and News

Price

$15.65

Movement

0.16 (+1.03%)

As at 6 Jun - Closed (20 mins delayed)

52 Week Range

$13.18 - $24.55

 
1 Year Return

-34.95%

Fortescue Ltd Chart and Price Data

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2025
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Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $48.19 billion
P/E Ratio 8.03
Dividend Yield 8.88%
Shares Outstanding 3.08 billion
Earnings per share 1.265
Dividend per share 1.00
Year To Date Return -11.51%
Earnings Yield 12.45%
Franking 100%
Earnings Yield

12.45%

Franking

100%

Dividend per share

1.00

Year To Date Return

-11.51%

Shares Outstanding

3.08 billion

Earnings per share

1.265

Share Price

$15.65

Day Change

0.16 (+1.03%)

52 Week Range

$13.18 - $24.55

Yesterday's Close

$15.49

Today's Open

$15.62

Days Range

$15.53 - $15.83

Volume

6,778,378

Avg. Volume (1 month)

6,987,408

Turnover

$106,677,461

As at 6 Jun - Closed

  • Fortescue Ltd (ASX: FMG)
    Latest News

    Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points.
    Resources Shares

    What is the dividend outlook for ASX 200 mining shares?

    Some experts say the recently improved iron ore price will help keep dividends strong.

    Read more »

    Two men in hard hats and high visibility jackets look together at a laptop screen at a mine site.
    Materials Shares

    Why Fortescue shares are still a sell

    Goldman Sachs doesn't believe that this miner deserves to trade at a premium to peers.

    Read more »

    Business woman watching stocks and trends while thinking
    Share Market News

    5 things to watch on the ASX 200 on Friday

    Will the market end the week on a high? Let's find out.

    Read more »

    Two people lazing in deck chairs on a beautiful sandy beach through their hands up in the air.
    Dividend Investing

    2 ASX 200 shares to invest $20,000 in and create $2,100 in passive income

    I think both these ASX 200 stocks will continue to reward passive income investors in 2025.

    Read more »

    A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
    Share Fallers

    Why Block, Core Lithium, Fortescue, and Vulcan shares are dropping today

    These shares are out of form on Thursday. What's going on?

    Read more »

    a mine worker holds his phone in one hand and a tablet in the other as he stands in front of heavy machinery at a mine site.
    Materials Shares

    Fortescue shares fall despite record-breaking first half performance

    Not even a record-breaking performance was enough to please investors.

    Read more »

    A male ASX 200 broker wearing a blue shirt and black tie holds one hand to his chin with the other arm crossed across his body as he watches stock prices on a digital screen while deep in thought
    Share Market News

    5 things to watch on the ASX 200 on Thursday

    Here's what to expect on the ASX 200 on Thursday.

    Read more »

    Business people standing at a mine site smiling.
    Resources Shares

    Which ASX 200 mining share will pay the best dividend yield in 2025?

    Amid lower commodity prices and a weak Chinese economy, can the miners keep paying us big dividends?

    Read more »

    A man wearing only boardshorts stretches back on a deck chair with his arms behind his head and a hat pulled down over his face amid an idyllic beach background.
    Dividend Investing

    How much would I need in an ASX share portfolio to earn a $2,000 monthly passive income?

    Fancy an extra $24,000 a year landing in your bank account? Read on...

    Read more »

    Pilbara Minerals engineer with hard hat looks through binoculars at work site or mine as two workers look on
    Resources Shares

    Own Fortescue shares? Here are the dividend dates for 2025

    Here are the important dates to diarise for Fortescue investors in the new year.

    Read more »

    A little brother and big brother stare back at each other, both have their arms crossed.
    Value Investing

    Here's why ASX value shares outperformed growth stocks in 2024

    There was a 4.4% difference in total returns between value and growth shares last year.

    Read more »

    Three satisfied miners with their arms crossed looking at the camera proudly
    Resources Shares

    Buying ASX 200 mining stocks? Here's why the iron ore price just charged back above US$100 a tonne

    Investors are now wondering if the iron ore price can keep moving higher.

    Read more »

    Frequently Asked Questions

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    26 Feb 2025 $0.5000 100.00% Interim 27 Mar 2025
    04 Sep 2024 $0.8900 100.00% Final 27 Sep 2024
    28 Feb 2024 $1.0800 100.00% Interim 27 Mar 2024
    04 Sep 2023 $1.0000 100.00% Final 28 Sep 2023
    27 Feb 2023 $0.7500 100.00% Interim 29 Mar 2023
    05 Sep 2022 $1.2100 100.00% Final 29 Sep 2022
    28 Feb 2022 $0.8600 100.00% Interim 30 Mar 2022
    06 Sep 2021 $2.1100 100.00% Final 30 Sep 2021
    01 Mar 2021 $1.4700 100.00% Interim 24 Mar 2021
    31 Aug 2020 $1.0000 100.00% Final 02 Oct 2020
    02 Mar 2020 $0.7600 100.00% Interim 06 Apr 2020
    02 Sep 2019 $0.2400 100.00% Final 02 Oct 2019
    22 May 2019 $0.6000 100.00% Special Cash 14 Jun 2019
    28 Feb 2019 $0.1100 100.00% Special Cash 22 Mar 2019
    28 Feb 2019 $0.1900 100.00% Interim 22 Mar 2019
    31 Aug 2018 $0.1200 100.00% Final 02 Oct 2018
    01 Mar 2018 $0.1100 100.00% Interim 05 Apr 2018
    01 Sep 2017 $0.0000 100.00% Final 03 Oct 2017
    02 Mar 2017 $0.2000 100.00% Interim 06 Apr 2017
    02 Sep 2016 $0.1200 100.00% Final 04 Oct 2016
    02 Mar 2016 $0.0300 100.00% Interim 07 Apr 2016
    01 Sep 2014 $0.1000 100.00% Final 03 Oct 2014
    27 Feb 2014 $0.1000 100.00% Interim 02 Apr 2014
    02 Sep 2013 $0.1000 100.00% Final 04 Oct 2013
    07 Mar 2012 $0.0400 100.00% Interim 02 Apr 2012
    05 Sep 2011 $0.0400 100.00% Final 30 Sep 2011
    08 Mar 2011 $0.0210 0.00% Interim 31 Mar 2011

    FMG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    22nd May 2025 2025-05-22T17:30:58 Leadership UpdateYesNo5:30pm2117k
    22nd May 2025 2025-05-22T08:47:00 Iron Bridge UpdateYesNo8:47am1112k
    7th May 2025 2025-05-07T08:23:03 Appendix 3Y - Lord Sebastian CoeYesNo8:23am3308k
    29th Apr 2025 2025-04-29T08:20:51 March 2025 Quarterly Production ReportYesNo8:20am4366k
    14th Apr 2025 2025-04-14T14:03:50 Initial Director's Interest Notice - Mr Noel QuinnYesNo2:03pm3294k
    14th Apr 2025 2025-04-14T10:03:34 Notification regarding unquoted securities - FMGYesNo10:03am515k
    14th Apr 2025 2025-04-14T10:02:19 Notification regarding unquoted securities - FMGYesNo10:02am720k
    14th Apr 2025 2025-04-14T10:01:04 Notification of cessation of securities - FMGYesNo10:01am414k
    2nd Apr 2025 2025-04-02T15:27:38 Change of Director's Interest Notice - Mark BarnabaYesNo3:27pm21.1M
    2nd Apr 2025 2025-04-02T15:26:08 Change of Director's Interest Notice - Dr Larry MarshallYesNo3:26pm2234k

    About Fortescue Ltd

    Fortescue Metals Group Limited (ASX: FMG) is an iron ore production and exploration company in the Pilbara region of Western Australia. It is the fourth largest iron ore producer in the world after BHP, Rio Tinto, and Brazilian mining giant, Vale.

    As one of the world's largest iron ore producers, Fortescue owns and operates integrated operations spanning the Chichester, Solomon, and Western mining hubs, the five-berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland, and the fastest heavy haul railway in the world.

    Fortescue was first publicly listed in 1987 and is now ranked as one of the largest companies on the ASX.

    FMG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    06 Jun 2025 $15.65 $0.16 1.03% 6,778,378 $15.62 $15.83 $15.53
    05 Jun 2025 $15.49 $0.23 1.51% 4,990,914 $15.38 $15.54 $15.31
    04 Jun 2025 $15.26 $0.24 1.60% 8,193,409 $15.06 $15.36 $15.05
    03 Jun 2025 $15.02 $0.02 0.13% 8,889,483 $15.19 $15.31 $14.95
    02 Jun 2025 $15.00 $-0.39 -2.53% 6,243,075 $15.38 $15.47 $14.96
    30 May 2025 $15.39 $-0.29 -1.85% 17,238,849 $15.65 $15.66 $15.39
    29 May 2025 $15.68 $0.13 0.84% 5,031,630 $15.63 $15.68 $15.49
    28 May 2025 $15.55 $-0.03 -0.19% 5,770,857 $15.69 $15.85 $15.52
    27 May 2025 $15.58 $0.04 0.26% 3,752,883 $15.59 $15.67 $15.37
    26 May 2025 $15.54 $0.03 0.19% 3,634,984 $15.70 $15.75 $15.45
    23 May 2025 $15.51 $-0.38 -2.39% 6,494,444 $15.50 $15.74 $15.47
    22 May 2025 $15.89 $-0.24 -1.49% 6,796,999 $16.06 $16.07 $15.79
    21 May 2025 $16.13 $-0.01 -0.06% 6,537,361 $16.17 $16.22 $15.96
    20 May 2025 $16.14 $-0.03 -0.19% 8,105,328 $16.36 $16.42 $16.02
    19 May 2025 $16.17 $-0.83 -4.88% 6,478,922 $17.00 $17.00 $16.09
    16 May 2025 $17.00 $0.21 1.25% 9,399,539 $17.02 $17.12 $16.89
    15 May 2025 $16.79 $-0.18 -1.06% 6,203,086 $17.04 $17.06 $16.66
    14 May 2025 $16.97 $0.37 2.23% 8,761,217 $16.73 $17.12 $16.55
    13 May 2025 $16.60 $0.43 2.66% 8,974,940 $16.47 $16.95 $16.42
    12 May 2025 $16.17 $0.21 1.32% 5,502,677 $16.14 $16.26 $16.01

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    27 Mar 2025 Mark Barnaba Buy 1,312 $21,223
    Dividend Reinvestment Plan (DRP).
    27 Mar 2025 Larry Marshall Buy 751 $12,148
    Dividend Reinvestment Plan (DRP).
    21 Feb 2025 Mark Barnaba Buy 323 $6,002
    On-market trade.
    21 Feb 2025 Larry Marshall Buy 5,550 $103,141
    On-market trade.
    21 Feb 2025 Usha Rao-Monari Buy 269 $4,999
    On-market trade.
    27 Sep 2024 Larry Marshall Buy 102 $1,682
    Dividend Reinvestment Plan (DRP).
    27 Sep 2024 Mark Barnaba Buy 2,174 $35,866
    Dividend Reinvestment Plan (DRP).
    27 Sep 2024 Mark Barnaba Transfer 40,300 $810,030
    Off-market transfer. Assuming off market transfer of shares
    27 Sep 2024 Mark Barnaba Transfer 40,300 $810,030
    Off-market transfer. Assuming off market transfer of shares
    27 Sep 2024 Penelope (Penny) Bingham-Hall Buy 3,364 $55,499
    Dividend Reinvestment Plan (DRP).
    17 Sep 2024 Sebastian Coe Buy 2,000 $35,126
    On-market trade.
    05 Sep 2024 Larry Marshall Buy 3,800 $60,607
    On-market trade.
    03 Sep 2024 Elizabeth Gaines Exercise 41,840 $740,568
    Conversion of securities.
    03 Sep 2024 Elizabeth Gaines Buy 41,840 $740,568
    Conversion of securities.
    03 Sep 2024 Elizabeth Gaines Expiry 9,624 $170,344
    As advised by the company. Lapsed, 41,840 Rights
    03 Sep 2024 Elizabeth Gaines Sell 41,840 $750,442
    On-market trade.
    29 Aug 2024 Mark Barnaba Buy 268 $4,982
    On-market trade.
    29 Aug 2024 Mark Barnaba Transfer 40,300 $747,968
    Off-market transfer. Assuming off market transfer of shares
    29 Aug 2024 Mark Barnaba Transfer 40,300 $747,968
    Off-market transfer. Assuming off market transfer of shares
    29 Aug 2024 Larry Marshall Buy 4,635 $86,164
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John (Andrew) Henry Forrest Non-Executive ChairmanNon-Executive Director Jul 2003
    Mr Forrest is a business leader and philanthropist. Through Fortescue, Tattarang and Minderoo Foundation, Dr Forrest is dedicated to leading the world to address the climate crisis and step beyond fossil fuels through green metals and green energy. In 2013, Dr Forrest was appointed by the Australian Government Department of the Prime Minister and Cabinet to lead the country's response to tackling indigenous disparity, leading to the Forrest Review's publication in 2014. Dr Forrest is also Co-Chair of the Australia-China Senior Business Leaders Forum and a Board Member for the Boao Forum. He is also a member of Finance Committee.
    Ms Penelope (Penny) Bingham-Hall Non-Executive Director Nov 2016
    Ms Bingham-Hall has over 30 years of experience in senior executive and non-executive roles in large ASX listed companies. She is Chair of Vocus Group and Co-Chair of Supply Nation and a Non-Executive Director of Fortescue. She is also the Deputy Chair of both the Advisory Council of the Climate Governance Initiative, Australia and the Salaam Foundation. Ms Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and the Asian region. She has interest in environmental sustainability, workplace safety and indigenous employment. Prior to becoming a company director, Ms Bingham Hall was Executive General Manager, Strategy at Leighton Holdings (now CIMIC) - Australia's largest construction, mining services and property group. As part of the leadership team at Leighton she had responsibilities across the group's Australian and Asian operations. She is also a member of Safety and Sustainability Committee.
    Lord Sebastian Coe Non-Executive Director Feb 2018
    Mr Coe is the Non-Executive Chairman of CSM Sport and Entertainment, within the Chime Communications group as well as Non-Executive Director of Vitality Health Ltd and Allwyn Entertainment AG. He was elected President of the International Association of Athletics Federations in 2015 (now World Athletics) where he is driving governance reforms through the organization and its 214 Member Federations around the world. He is currently serving his second term as President. He was elected as a member of the International Olympic Committee in 2020 and became a director of the British Olympic Association at that time, having previously served as Chairman of the British Olympic Association from 2012 to 2016.
    Mr Mark Bradley Barnaba Non-Executive DirectorLead Independent DirectorNon-Executive Deputy Chairman Feb 2010
    Mr Barnaba brings international experience as an entrepreneur, corporate advisor and independent director for organisations across the finance, technology, infrastructure, natural resources, sports administration and education sectors. He has diverse experience at board level in both the for-profit and non-profit sectors. Mr Barnaba was previously on the Board of Australia's central bank, the Reserve Bank of Australia (RBA), for two terms, and is a former Chairman of the Audit Committee of the RBA. He has previously chaired several publicly listed Australian companies within the mining and infrastructure sectors along with chairing non-profit organisations and was a former Chairman of the State Theatre Company of Western Australia, the West Coast Eagles (AFL team) and Williams Advanced Engineering (UK based offshoot of the Williams F1 team). He is Chair of Finance and Risk Management Committee and also member of People and Safety and Sustainability Committee.
    Dr Larry Marshall Non-Executive Director Aug 2023
    Dr Marshall was Chief Executive of the CSIRO from 2015 to June 2023, Prior to joining the CSIRO, Dr Marshall co-founded and led a number of biotech and venture capital companies and has served on the boards of numerous high-tech companies operating in the US, Australia and China. Dr Marshall is currently the Chair of the American Chamber of Commerce (AmCham); a board member of the Governing Council of the Australian National University; an adviser for the Australian Governments Circular Economy Ministerial Advisory Group; and a Committee member of the COVID-19 Vaccines and Treatments for Australia Science and Industry Technical Advisory Group, which provides advice to the Australian Government on the purchasing and manufacturing of COVID-19 vaccines and treatments. He is also a member of Safety and Sustainability Committee.
    Ms Elizabeth Anne Gaines Executive Director Feb 2013
    Ms Gaines is an experienced business leader, Ms Gaines has international experience in all aspects of financial and commercial management. Ms Gaines has experience in the resources sector and exposure to the impact of the growth in Asian economies, particularly China, on the Australian business environment and economy as well as understanding of all aspects of financial and commercial management at a senior executive level in both listed and private companies. Ms Gaines has exposure to the drive to transition to green energy and has been a key driver of the goal to decarbonise Fortescue's mining operations by 2030.
    Dr Jean Baderschneider Non-Executive Director Jan 2015
    Dr Baderschneider brings 35 years of international experience in supply chain operations and procurement, strategic sourcing and logistics management, along with a deep understanding of high-risk operations and locations and complex partnerships. She also has global experience in safety, security and environmental operations and sustainability stewardship. She is the Chair of Safety and Sustainability Committee.
    Ms Yifei Li Non-Executive Director Aug 2022
    Ms Li is the President of the QiBin Foundation and currently serves on the board of BlackRock China. Ms Li was a Global Trustee of the Rockefeller Foundation and was an Independent Board member of GAVI (The Global Alliance for Vaccines and Immunisation) from 2012 to 2018 and was formerly the Country Chair for Man Group in China, one of the world's largest hedge fund managers. Before joining Man Group, Ms Li had over 18 years of senior management experience, having successfully led the expansion of several multinational companies in China, including Viacom, MTV networks and VivaKi of Publicis Group.
    Ms Usha Rao-Monari Non-Executive Director Jan 2024
    Ms Rao-Monari is a senior infrastructure investment professional with over 25 years of experience leading investment platforms and departments within asset investment and management organisations. She has held various leadership positions in the United Nations, Blackstone Group, Global Water Development Partners, and the International Finance Corporation. She is also a member of Safety and Sustainability Committee.
    Mr Noel Pearson Non-Executive Director Aug 2024
    Mr Pearson is the founder of the Cape York Partnership, an organisation promoting the economic and social development of Cape York in Northern Queensland, the founder of Good to Great Schools Australia, dedicated to lifting education outcomes for all Australian students, and the Cape York Land Council.
    Mr Noel Quinn Non-Executive Director Mar 2025
    --
    Mr Dino Otranto Chief Executive Officer Aug 2023
    -
    Ms Navdeep(Mona) Gill Company Secretary Jul 2024
    -
    Dino Otranto Chief Executive Officer
    -
    Mark Hutchinson Chief Executive Officer Fortescue Energy
    -
    Shelley Robertson Chief Operating Officer
    -
    Navdeep(Mona) Gill Company Secretary
    -
    Apple Paget Group Chief Financial Officer
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 1,479,703,054 48.06%
    J P Morgan Nominees Australia Pty Limited 290,350,329 9.43%
    Valin Investments (Singapore) Pte Ltd 228,007,497 7.41%
    Tattarang Pty Ltd 176,522,507 5.73%
    Citicorp Nominees Pty Limited 139,367,622 4.53%
    Emichrome Pty Ltd 93,045,000 3.02%
    Valin Resources Investments (Singapore) Pte Ltd 37,876,216 1.23%
    BNP Paribas Noms Pty Ltd 31,572,883 1.03%
    BNP Paribas Nominees Pty Ltd 20,414,540 0.66%
    Pacific Custodians Pty Limited 19,870,700 0.65%
    National Nominees Limited 19,305,297 0.63%
    Citicorp Nominees Pty Limited i 17,600,389 0.57%
    Pacific Custodians Pty Limited i 15,165,269 0.49%
    BNP Paribas Nominees Pty Ltd i 13,612,508 0.44%
    HSBC Custody Nominees (Australia) Limited i 12,245,069 0.40%
    Invia Custodian Pty Limited 8,244,951 0.27%
    Citicorp Nominess Pty Limited ii 5,188,830 0.17%
    HSBC Custody Nominees (Australia) Limited ii 4,446,793 0.14%
    Mr John William Cunningham 4,000,000 0.13%
    HSBC Custody Nominees (Australia) Limited iii 3,939,825 0.13%

    Profile

    since

    Note