Antwort What is the future for Fortescue metals? Weitere Antworten – What are the future plans for Fortescue metals
We are rapidly diversifying our business to become an integrated, global green energy and resources company. Key to this transition is our industry leading target to achieve carbon neutrality for Scope 1 and 2 terrestrial emissions across our iron ore operations by 2030 and net zero Scope 3 emissions by 2040.Is Fortescue a good company to work for Fortescue has an overall rating of 3.9 out of 5, based on over 319 reviews left anonymously by employees. 71% of employees would recommend working at Fortescue to a friend and 68% have a positive outlook for the business.What do analysts say about Fortescue Metals Group Ltd Fortescue Metals Group Ltd's analyst rating consensus is a Strong Sell. This is based on the ratings of 10 Wall Streets Analysts.
What is the dividend forecast for Fortescue in 2024 : DIVIDEND REINVESTMENT PLAN ALLOCATION PRICE
On 22 February 2024, Fortescue Ltd (Fortescue, ASX: FMG) announced a fully franked interim dividend of A$1.08 per share with a Record Date of 29 February 2024, payable on 27 March 2024.
What is the outlook for Fortescue
Fortescue's revenue and earnings are forecast to decline at 6.6% and 17.4% per annum respectively. EPS is expected to decline by 19.2% per annum. Return on equity is forecast to be 16.2% in 3 years.
Is FMG a dividend trap : The bottom line is that for stocks like BHP, RIO and FMG, even in the years that they yield 10%, the share price and share price volatility are much more important than the dividend, and rather than invest in these companies for income, you need to time these company share prices and hope they go up over the dividend …
We rate Fortescue's Morningstar Uncertainty Rating as High. The price of iron ore and unit costs are the primary drivers of our fair value estimate. The key risk to cash flow is a slowdown in Chinese fixed-asset investment and the consequential impact of steel demand, iron ore demand and ultimately the iron ore price.
Investors in Fortescue (ASX:FMG) have seen enviable returns of 747% over the past five years. Long term investing can be life changing when you buy and hold the truly great businesses. While the best companies are hard to find, but they can generate massive returns over long periods.
How high will FMG shares go
The analyst consensus target price for shares in Fortescue is AU$21.57. That is 12.94% below the last closing price of AU$24.78. Analysts covering Fortescue currently have a consensus Earnings Per Share (EPS) forecast of $2.08 for the next financial year.Estimates for FY25. UBS is expecting the iron ore price to be lower in 2025, which could lead to lower financial results and hurt Fortescue shares. FY25 revenue could amount to US$18.6 billion and NPAT could drop to $6.06 billion. The annual dividend per share is predicted to fall to A$1.47.I'd suggest readers should take a cyclical approach when investing in Fortescue shares and other iron ore miners. I think we should invest when the iron ore price is weak, not when it's strong. Fortescue could pay big dividends during this period of higher iron ore prices, but there's a danger of overpaying.
Future Growth
Fortescue's revenue and earnings are forecast to decline at 6.9% and 16.8% per annum respectively. EPS is expected to decline by 18.2% per annum. Return on equity is forecast to be 14% in 3 years.