08/09/2026 09:26

Fortescue Ltd (FMG) $17.77

We covered iron ore miner FMG’s solid FY26 result here, with our view at the time still relevant today: “FMG remains a leveraged exposure to iron ore and China. We think the stock looks fair rather than compelling here.” China and iron ore have improved the backdrop this week for FMG, but not in a meaningful way for us to consider the stock for our growth portfolio.

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20/08/2026 16:49

Fortescue (ASX: FMG) $17.96

FMG -0.61%: delivered a broadly solid FY26 result, with revenue, free cash flow and the balance sheet all coming in well, although EBITDA and NPAT were a little light versus some broker expectations. The main blemish remains Iron Bridge, where higher costs and a further impairment continue to weigh on the investment case.

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16/07/2026 09:03

Fortescue Ltd (ASX: FMG) $19.08

FMG (-23%) has corrected deeper than most ASX miners in 2026 as iron ore dipped below US$100/MT, but we think it represents good value at current levels, especially for income, with the miner forecast to yield ~6% fully franked over the next 12-monmths - MM holds FMG in the Income Portfolio.

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11/05/2026 08:57

Shawn’s Trade Idea: Buy Fortescue Limited (ASX: FMG) $21.27

We believe the risk/reward towards FMG is attractive targeting the $25 area, or 15-20% higher.

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24/04/2026 16:37

Fortescue Metals (FMG) $19.78

FMG -5.67%:  delivered a solid March quarter, with the core Pilbara hematite business again doing the heavy lifting, while weather disruptions weighed on Iron Bridge and prompted a downgrade to FY shipment guidance for that higher-grade product.

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08/04/2026 09:55

Fortescue Ltd (ASX:FMG) $20.68

As we mentioned we hold BHP in our Active Income Portfolio with the iron ore exposure supported by pure play FMG, i.e. currently 12% of our income portfolio has iron ore exposure. This is a simpler story than BHP and Rio, with FMG offering direct leverage to iron ore. As the chart below illustrates, if prices hold above ~$US100, the stock should benefit, supported by an attractive ~6% fully franked yield.

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24/03/2026 09:12

Fortescue Ltd (FMG) $19.05

Fortescue rallied after delivering a high-quality result in February, with strong earnings, expanding margins and a dividend ahead of expectations, all underpinned by its industry-leading cost base. While most operational metrics were already flagged, the key standout was cash generation, with free cash flow more than doubling year-on-year and the balance sheet remaining conservatively geared.

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25/02/2026 18:06

Fortescue Metals (FMG) $21.14

FMG +4.7% had a good move today after they delivered strong earnings, margin expansion and a dividend ahead of expectations, all underpinned by its industry-leading cost base. 

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28/01/2026 09:25

Fortescue Metals (FMG) $21.87

FMG delivered a solid December-quarter update last week, which we didn’t cover at the time. The market took it as a mild negative, and the stock drifted lower - not materially, but enough for it to lag BHP and Rio, which have traded well over the past week, helped by their exposure to the likes of copper.

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17/12/2025 09:39

Fortescue Metals (FMG) $22.10

Iron Ore market fundamentals have been tighter than many expected on a range of factors, which has seen Iron Ore prices stay firm and trade comfortably above $US100/mt. The Iron Ore stocks have been solid as a result, with Rio Tinto (RIO) trading to new all-time highs while Fortescue is up more than 60% from 2025 lows.

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