Is Fortescue Metals Group stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Fortescue Metals Group pays dividends. Last time was Friday 27th of September 2024 where the investors holding the stock on Wednesday 4th of September 2024 were paid $0.89 per share. Over the last 28 times between 2011 and 2024, Fortescue Metals Group has paid $13.41 with an average of $0.48 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Fortescue Metals Group 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $8.32, you would have made a profit of $11.16 per share or 134.13%
Yes, the average daily trading liquidity for Fortescue Metals Group is $11.25 million. You should therefore be able to get in and out of your positions relatively fast.
Fortescue Metals Group has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.47, the company's ability to pay off the debt is good. Fortescue Metals Group has a very good net profit margin of 31.19% and should have very high tolerances against inflation.
We have calculated the inflation risk for Fortescue Metals Group to be low [0.15 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.