Frontdoor (FTDR) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontdoor in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FTDR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTDR, but not buy additional shares or sell existing shares.
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5 brokers have issued 12-month price objectives for Frontdoor's shares. Their FTDR share price forecasts range from $21.00 to $38.00. On average, they expect the company's stock price to reach $29.75 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
View analysts price targets for FTDR or view top-rated stocks among Wall Street analysts.

Frontdoor's stock was trading at $20.80 at the beginning of the year. Since then, FTDR stock has increased by 50.4% and is now trading at $31.28.
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Frontdoor saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,470,000 shares, a decrease of 12.6% from the April 30th total of 3,970,000 shares. Based on an average daily volume of 1,010,000 shares, the short-interest ratio is currently 3.4 days. Currently, 4.3% of the company's shares are short sold.
View Frontdoor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our FTDR earnings forecast.

Frontdoor, Inc. (NASDAQ:FTDR) issued its quarterly earnings data on Thursday, May, 4th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.22. The company had revenue of $367 million for the quarter, compared to the consensus estimate of $360.74 million. Frontdoor had a net margin of 5.43% and a trailing twelve-month return on equity of 251.78%. Frontdoor's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.04 earnings per share.

ETFs with the largest weight of Frontdoor (NASDAQ:FTDR) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), SRH U.S. Quality ETF (SRHQ), Convergence Long/Short Equity ETF (CLSE), Royce Quant Small-Cap Quality Value ETF (SQLV), Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS), Timothy Plan US Small Cap Core ETF (TPSC), iShares ESG Screened S&P Small-Cap ETF (XJR) and Vanguard S&P Small-Cap 600 Growth ETF (VIOG).

Frontdoor updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $505.00 million-$520.00 million, compared to the consensus revenue estimate of $494.48 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Frontdoor investors own include Alibaba Group (BABA), Tencent (TCEHY), CVS Health (CVS), Intellia Therapeutics (NTLA), Accenture (ACN), Dropbox (DBX), Glu Mobile (GLUU), JD.com (JD), LGI Homes (LGIH) and Pinterest (PINS).

Frontdoor trades on the NASDAQ under the ticker symbol "FTDR."

Frontdoor's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.06%), Mackenzie Financial Corp (6.78%), ArrowMark Colorado Holdings LLC (6.02%), Boston Partners (5.74%), State Street Corp (4.96%) and FIL Ltd (3.99%). Insiders that own company stock include Anna C Catalano, Peter L Cella and William C Cobb.
View institutional ownership trends.

Shares of FTDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FTDR stock can currently be purchased for approximately $31.28.

Frontdoor (NASDAQ:FTDR) has a market capitalization of $2.56 billion and generates $1.66 billion in revenue each year. The company earns $71 million in net income (profit) each year or $1.11 on an earnings per share basis.

The company employs 1,712 workers across the globe.

Frontdoor's mailing address is 150 PEABODY PLACE, MEMPHIS TN, 38103. The official website for the company is www.frontdoorhome.com. The company can be reached via phone at (901) 701-5000 or via email at matt.davis@frontdoorhome.com.