Frontier Communications Corp Company Profile (NASDAQ:FTR)

About Frontier Communications Corp (FTR)

Frontier Communications Corp logoFrontier Communications Corporation (Frontier) is a provider of communications services in the United States. The Company offers a portfolio of communications services for residential and business customers. Its products and services include data and Internet services, video services, voice services, access services and customer premise equipment (CPE). The Company offers a range of broadband services. The principal residential service it provides is broadband Internet service. Its commercial services include Ethernet, Dedicated Internet, Multiprotocol Label Switching (MPLS), Time Division Multiplexing (TDM) data transport services and optical transport services. It also offers wireless broadband services (using unlicensed spectrum) in various markets utilizing networks that it owns or operates. In addition, the Company offers its Frontier Secure suite of products, including computer security, cloud backup and sharing, identity protection and equipment insurance.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Telecom Services - Domestic
  • Sub-Industry: Integrated Telecommunication Services
  • Exchange: NASDAQ
  • Symbol: FTR
  • CUSIP: 35906A10
Key Metrics:
  • Previous Close: $1.91
  • 50 Day Moving Average: $2.13
  • 200 Day Moving Average: $3.15
  • 52-Week Range: $1.84 - $5.66
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -31.83
  • P/E Growth: -1.46
  • Market Cap: $2.24B
  • Outstanding Shares: 1,172,525,000
  • Beta: 0.79
  • Net Margins: -5.01%
  • Return on Equity: 2.05%
  • Return on Assets: 0.38%
  • Debt-to-Equity Ratio: 3.66%
  • Current Ratio: 0.68%
  • Quick Ratio: 0.68%

Analyst Ratings

Consensus Ratings for Frontier Communications Corp (NASDAQ:FTR) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $3.71 (94.48% upside)

Analysts' Ratings History for Frontier Communications Corp (NASDAQ:FTR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/13/2017MacquarieReiterated RatingHold$2.65HighView Rating Details
3/30/2017Morgan StanleyBoost Price TargetEqual Weight$2.30 -> $4.20LowView Rating Details
3/22/2017Goldman Sachs Group IncDowngradeNeutral -> Sell$1.50HighView Rating Details
3/20/2017Citigroup IncLower Price TargetSell$2.25 -> $1.75MediumView Rating Details
3/7/2017Bank of America CorpDowngradeBuy -> Neutral$2.50N/AView Rating Details
2/28/2017Royal Bank of CanadaReiterated RatingHold$3.50N/AView Rating Details
2/28/2017Jefferies Group LLCLower Price TargetBuy$5.00 -> $4.00N/AView Rating Details
2/28/2017JPMorgan Chase & Co.DowngradeOverweight -> Neutral$2.96 -> $2.51N/AView Rating Details
11/8/2016GabelliReiterated RatingBuyN/AView Rating Details
11/3/2016Hilliard LyonsReiterated RatingNeutralN/AView Rating Details
11/2/2016Deutsche Bank AGDowngradeBuy -> Hold$5.00 -> $4.00N/AView Rating Details
11/2/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
8/2/2016Raymond James Financial, Inc.Lower Price TargetOutperform$6.00 -> $5.50N/AView Rating Details
4/9/2016Cowen and CompanyReiterated RatingBuyN/AView Rating Details
12/2/2015StephensReiterated RatingBuyN/AView Rating Details
10/12/2015Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
9/15/2015Sanford C. BernsteinBoost Price TargetOutperform$6.00 -> $6.25N/AView Rating Details
9/9/2015Beaufort SecuritiesReiterated RatingSpeculative BuyN/AView Rating Details
6/3/2015DA DavidsonUpgradeNeutral -> Buy$7.00 -> $6.50N/AView Rating Details
(Data available from 4/28/2015 forward)


Earnings History for Frontier Communications Corp (NASDAQ:FTR)
Earnings by Quarter for Frontier Communications Corp (NASDAQ:FTR)
Earnings History by Quarter for Frontier Communications Corp (NASDAQ:FTR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017Q416($0.05)($0.04)$2.50 billion$2.41 billionViewListenView Earnings Details
11/1/2016Q316($0.04)($0.04)$2.57 billion$2.52 billionViewListenView Earnings Details
8/1/2016Q216($0.03)($0.02)$2.75 billion$2.61 billionViewListenView Earnings Details
5/3/2016Q116($0.10)$0.01$1.35 billion$1.36 billionViewListenView Earnings Details
2/23/2016Q415($0.03)$0.05$1.42 billion$1.41 billionViewListenView Earnings Details
11/3/2015Q315($0.01)$0.03$1.43 billion$1.42 billionViewListenView Earnings Details
8/3/2015Q215$0.02$0.03$1.37 billion$1.37 billionViewListenView Earnings Details
5/5/2015Q115$0.04$0.02$1.39 billion$1.37 billionViewListenView Earnings Details
2/19/2015Q414$0.05$0.04$1.37 billion$1.33 billionViewListenView Earnings Details
11/3/2014Q314$0.04$0.05$1.14 billion$1.14 billionViewN/AView Earnings Details
8/5/2014Q214$0.05$0.05$1.15 billion$1.15 billionViewN/AView Earnings Details
5/6/2014Q114$0.06$0.05$1.17 billion$1.15 billionViewN/AView Earnings Details
2/24/2014Q413$0.06$0.07$1.18 billion$1.18 billionViewN/AView Earnings Details
11/5/2013Q313$0.06$0.06$1.19 billion$1.19 billionViewN/AView Earnings Details
8/7/2013Q2 2013$0.06$0.06$1.19 billion$1.19 billionViewN/AView Earnings Details
5/6/2013Q1 2013$0.06$0.05$1.22 billion$1.21 billionViewN/AView Earnings Details
2/21/2013Q4 2012$0.06$0.06$1.24 billion$1.23 billionViewN/AView Earnings Details
11/6/2012Q312$0.07$0.07$1.24 billion$1.25 billionViewN/AView Earnings Details
7/31/2012$0.06$0.08ViewN/AView Earnings Details
5/7/2012$0.06$0.03ViewN/AView Earnings Details
2/16/2012$0.05$0.07ViewN/AView Earnings Details
11/3/2011$0.06$0.05ViewN/AView Earnings Details
8/3/2011$0.07$0.06ViewN/AView Earnings Details
5/5/2011$0.06$0.06ViewN/AView Earnings Details
2/23/2011$0.10$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Frontier Communications Corp (NASDAQ:FTR)
Current Year EPS Consensus Estimate: $-0.18 EPS
Next Year EPS Consensus Estimate: $-0.06 EPS


Current Dividend Information for Frontier Communications Corp (NASDAQ:FTR)
Most Recent Dividend:3/31/2017
Annual Dividend:$0.42
Dividend Yield:21.99%
Payout Ratio:-77.78% (Trailing 12 Months of Earnings)
-233.33% (Based on This Year's Estimates)
-700.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Frontier Communications Corp (NASDAQ:FTR)

Dividend History by Quarter for Frontier Communications Corp (NASDAQ:FTR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Frontier Communications Corp (NASDAQ:FTR)
Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 67.26%
Insider Trades by Quarter for Frontier Communications Corp (NASDAQ:FTR)
Institutional Ownership by Quarter for Frontier Communications Corp (NASDAQ:FTR)
Insider Trades by Quarter for Frontier Communications Corp (NASDAQ:FTR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/12/2015Steve GableEVPBuy53,416$4.75$253,726.00View SEC Filing  
11/10/2015Edward FraioliDirectorBuy5,000$4.80$24,000.00View SEC Filing  
11/10/2015Kathleen Q. AbernathyEVPBuy46,391$4.85$224,996.35View SEC Filing  
9/10/2014Myron A Wick IIIDirectorSell30,000$6.36$190,800.00View SEC Filing  
9/8/2014Mark D NielsenSVPBuy15,000$6.71$100,650.00View SEC Filing  
6/11/2013Edward FraioliDirectorBuy2,600$4.10$10,660.00View SEC Filing  
6/5/2013Mark S ShapiroDirectorBuy75,000$3.99$299,250.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Frontier Communications Corp (NASDAQ:FTR)
Latest Headlines for Frontier Communications Corp (NASDAQ:FTR)
DateHeadline logoWhat Awaits Frontier Communications (FTR) in Q1 Earnings? - April 27 at 5:53 PM logoFrontier Communications Corp (FTR) Short Interest Update - April 27 at 7:02 AM logoSomewhat Favorable Press Coverage Very Likely to Affect Frontier Communications Corp (FTR) Stock Price - April 26 at 9:25 PM logoFrontier Communications: Why A Dividend Cut Does Not Matter - April 25 at 11:17 AM logoFrontier Communications Corp (FTR) Receiving Somewhat Favorable News Coverage, Study Finds - April 23 at 10:25 PM logoSomewhat Positive Press Coverage Extremely Likely to Impact Frontier Communications Corp (FTR) Share Price - April 20 at 10:37 PM logoBetter Buy: Frontier Communications Corporation vs. T-Mobile - April 20 at 3:52 PM logoRite Aid, Frontier Communications Slip into Wednesday’s 52-Week Low Club - April 19 at 5:15 PM logoFrontier: Debt Myths Debunked - April 19 at 11:57 AM logoFrontier Communications: Memories Of Valeant - April 18 at 4:57 PM logoFrontier Communications: Dividend Cut Is Imminent And Inevitable - April 18 at 11:35 AM logoSomewhat Favorable Press Coverage Extremely Likely to Impact Frontier Communications Corp (FTR) Stock Price - April 17 at 11:27 PM logoFrontier Communications (FTR) Renews Distribution Agreement with EPIX - April 17 at 11:24 AM logoEPIX and Frontier Communications Renew Distribution Agreement - April 17 at 11:24 AM logo3 Top Telecommunications Stocks to Buy in 2017, and 1 to Avoid - April 17 at 11:24 AM logoFrontier Communications Corp (FTR) Earns Coverage Optimism Score of 0.22 - April 14 at 9:09 PM logoFrontier Communications Corp (FTR) Receives Average Rating of "Hold" from Analysts - April 14 at 8:54 AM logoShort Interest in Frontier Communications Corp (FTR) Drops By 7.8% - April 14 at 7:22 AM logoFrontier Communications Corp (FTR) Rating Reiterated by Macquarie - April 13 at 9:44 AM logoFrontier Communications to Release First-Quarter 2017 Results and Host Call - April 11 at 5:07 PM logo-$0.04 EPS Expected for Frontier Communications Corp (FTR) This Quarter - April 10 at 10:24 PM logoFrontier Communications Expands Broadband to 8,100 Additional Wisconsin Households - April 10 at 5:04 PM logoDon't Be Fooled by Frontier Communications' 20% Dividend Yield - April 8 at 9:40 AM logoFrontier Communications Expands Broadband to 8,500 Additional Arizona and New Mexico Households - April 7 at 5:14 PM logoFrontier Communications Expands Broadband to 8,000 Additional Minnesota Households - April 7 at 5:14 PM logoFrontier Communications: Shorts Are Coming - April 7 at 9:53 AM logoHere's how the Cross Bay Ferry is performing, close to the end of pilot period - April 7 at 9:53 AM logoMorgan Stanley Increases Frontier Communications Corp (FTR) Price Target to $4.20 - April 5 at 9:01 AM logoTrade Frontier Communications Corp (FTR) Stock, Don’t Invest in It - April 4 at 10:53 AM logoAEG Names Frontier Communications an Official Partner of the LA Kings and Founding Partner of StubHub Center - April 3 at 5:33 PM logoFrontier Communications Corp (FTR) Lifted to Strong-Buy at Vetr Inc. - April 1 at 9:37 PM logoFrontier Communications Expands Broadband to 8,800 Additional Indiana Households - March 31 at 5:24 PM logo12:52 pm Frontier Communications announces its broadband service available to an additional 8,800 households in Indiana - March 31 at 5:24 PM logoFrontier Communications Expands Broadband to 7,000 Additional Illinois Households - March 31 at 5:24 PM logoWhy Is Frontier Communications (FTR) Down 32.4% Since the Last Earnings Report? - March 30 at 5:45 PM logoThe 2 Most Dangerous Types of Dividend Stocks - March 30 at 5:45 PM logoFrontier Communications Expands Broadband to 25,000 Additional Texas Households - March 30 at 5:45 PM logoMorgan Stanley Reiterates "Equal Weight" Rating for Frontier Communications Corp (FTR) - March 30 at 5:40 PM logoShould Frontier Communications Suspend Its Dividends? - March 29 at 5:49 PM logoMorgan Stanley Says Frontier Shares May Rise After Dividend Cut - March 29 at 5:49 PM logoFrontier Communications Could Slash Its Dividend By 60% and Still See Its Stock Pop - March 29 at 5:49 PM logoFRONTIER COMMUNICATIONS CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and - March 29 at 5:49 PM logoFrontier Communication Looks To Clean Balance Sheet, Centurylink Sets A New Low - March 29 at 11:18 AM logoVetr Inc. Downgrades Frontier Communications Corp (FTR) to Buy - March 29 at 9:56 AM logoCongress to vote on bill that rolls back internet privacy protection - March 28 at 4:58 PM logoFrontier Communications Breaks Below 2012 Levels (FTR) - March 27 at 5:00 PM logoFrontier Communications Could See a Dead-cat Bounce - March 27 at 5:00 PM logoFrontier Communications Is Not Going To Zero - Here's Why - March 27 at 11:35 AM logoBetter Buy: AT&T Inc. vs. Frontier Communications Corp. - March 27 at 11:35 AM logoFrontier Communications Corp (FTR) Lowered to Buy at Vetr Inc. - March 24 at 12:34 AM


Frequently Asked Questions for Frontier Communications Corp (NASDAQ:FTR)

What is Frontier Communications Corp's stock symbol?

Frontier Communications Corp trades on the NASDAQ under the ticker symbol "FTR."

How often does Frontier Communications Corp pay dividends? What is the dividend yield for Frontier Communications Corp?

Frontier Communications Corp declared a quarterly dividend on Wednesday, February 15th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.105 per share on Friday, March 31st. This represents a $0.42 annualized dividend and a dividend yield of 21.99%. The ex-dividend date is Monday, March 13th.

How were Frontier Communications Corp's earnings last quarter?

Frontier Communications Corp (NASDAQ:FTR) announced its quarterly earnings results on Monday, February, 27th. The company reported ($0.04) EPS for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.01. The firm had revenue of $2.41 billion for the quarter, compared to analysts' expectations of $2.50 billion. Frontier Communications Corp had a positive return on equity of 2.05% and a negative net margin of 5.01%. Frontier Communications Corp's revenue was up 70.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.05 earnings per share.

When will Frontier Communications Corp make its next earnings announcement?

Frontier Communications Corp is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Where is Frontier Communications Corp's stock going? Where will Frontier Communications Corp's stock price be in 2017?

13 brokers have issued 12 month price objectives for Frontier Communications Corp's shares. Their predictions range from $1.50 to $8.75. On average, they anticipate Frontier Communications Corp's share price to reach $3.71 in the next twelve months.

What are analysts saying about Frontier Communications Corp stock?

Here are some recent quotes from research analysts about Frontier Communications Corp stock:

  • 1. Macquarie analysts commented, "We think both are important to instill confidence in investors on the sustainability of the model. Our target goes to US$2.65 from US$3.40 based on 5.5x our ‘18E EBITDA, assuming a 50% cut to the dividend and implying an 8% yield." (4/13/2017)
  • 2. According to Zacks Investment Research, "We are impressed with Frontier Communications’ focus to rake in more profits through customer retention, market share gain, new product introductions, broadband expansion and improved sales and marketing initiatives. The company is trying to derive benefits from the growing Business Service Segment. Meanwhile, foraying into North Carolina through the rollout of ‘Vantage TV’ IPTV and broadband services also bode well. Howover, the company continues to face numerous problems. Reports about outages, bad telephone service and problems with billing have sprouted. The company continues to suffer from the loss of legacy fixed telephony business to wireless and decline in access lines and wireless backhaul revenues due to customer migration to Ethernet solutions at lower price points. Over the past three months, the stock lost 30.95% while  the Zacks-categorized 'Wireless–Regional (Rural)’ industry declined 21.08%." (3/15/2017)
  • 3. Jefferies Group LLC analysts commented, "lumpy."Goldman comments, "Results disappointed as an on-going account clean-up contributed to steeper revenue declines and an EBITDA shortfall. We expected FTR to soften the implied EBITDA outlook, though not to this magnitude (~5% at midpoint), particularly in light of solid cost cutting. Amended bank terms ensured no covenant violations, though the leverage story worsened. Despite the print, we see light beyond a lumpy 1Q with improving trends and dividend support." (2/28/2017)

Are investors shorting Frontier Communications Corp?

Frontier Communications Corp saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 257,295,329 shares, an increase of 2.1% from the March 31st total of 252,083,545 shares. Based on an average daily volume of 36,386,818 shares, the days-to-cover ratio is presently 7.1 days. Approximately 22.1% of the shares of the stock are short sold.

Who owns Frontier Communications Corp stock?

Frontier Communications Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.71%), Strs Ohio (0.36%), Bank of Montreal Can (0.32%), Duff & Phelps Investment Management Co. (0.25%), Nationwide Fund Advisors (0.18%) and Retirement Systems of Alabama (0.13%). Company insiders that own Frontier Communications Corp stock include Edward Fraioli, Kathleen Q Abernathy and Steve Gable.

Who sold Frontier Communications Corp stock? Who is selling Frontier Communications Corp stock?

Frontier Communications Corp's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Nisa Investment Advisors LLC, Capstone Asset Management Co., Gateway Investment Advisers LLC, Janney Montgomery Scott LLC, WealthTrust Axiom LLC, Argyle Capital Management Inc. and Rothschild Investment Corp IL.

Who bought Frontier Communications Corp stock? Who is buying Frontier Communications Corp stock?

Frontier Communications Corp's stock was bought by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Retirement Systems of Alabama, Bank of Montreal Can, Strs Ohio, ProShare Advisors LLC, Hexavest Inc., Louisiana State Employees Retirement System and Personal Capital Advisors Corp. Company insiders that have bought Frontier Communications Corp stock in the last two years include Edward Fraioli, Kathleen Q Abernathy and Steve Gable.

How do I buy Frontier Communications Corp stock?

Shares of Frontier Communications Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Frontier Communications Corp stock cost?

One share of Frontier Communications Corp stock can currently be purchased for approximately $1.91.

Frontier Communications Corp (FTR) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by Staff