Frontier Communications Corporation Company Profile (NASDAQ:FTR)

About Frontier Communications Corporation (NASDAQ:FTR)

Frontier Communications Corporation 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: Integrated Telecommunications Services - NEC
  • Sub-Industry: Integrated Telecommunication Services
  • Symbol: NASDAQ:FTR
  • CUSIP: 35906A10
  • Web:
  • Market Cap: $1.43724 billion
  • Outstanding Shares: 1,178,068,000
Average Prices:
  • 50 Day Moving Avg: $1.35
  • 200 Day Moving Avg: $2.52
  • 52 Week Range: $1.13 - $5.22
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -12.67
  • P/E Growth: -0.61
Sales & Book Value:
  • Annual Revenue: $9.9 billion
  • Price / Sales: 0.14
  • Book Value: $3.67 per share
  • Price / Book: 0.31
  • Annual Dividend: $0.16
  • Dividend Yield: 13.1%
  • EBIDTA: $3.87 billion
  • Net Margins: -2.65%
  • Return on Equity: 0.19%
  • Return on Assets: 0.03%
  • Debt-to-Equity Ratio: 4.05%
  • Current Ratio: 0.67%
  • Quick Ratio: 0.67%
  • Average Volume: 41.44 million shs.
  • Beta: 0.7
  • Short Ratio: 6.03

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

What is Frontier Communications Corporation's stock symbol?

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

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

Frontier Communications Corporation announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Thursday, June 15th will be given a dividend of $0.04 per share on Friday, June 30th. This represents a $0.16 annualized dividend and a dividend yield of 14.04%. The ex-dividend date is Tuesday, June 13th. View Frontier Communications Corporation's Dividend History.

How were Frontier Communications Corporation's earnings last quarter?

Frontier Communications Corporation (NASDAQ:FTR) posted its earnings results on Tuesday, May, 2nd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.03. The company earned $2.36 billion during the quarter, compared to analyst estimates of $2.34 billion. Frontier Communications Corporation had a positive return on equity of 0.19% and a negative net margin of 2.65%. View Frontier Communications Corporation's Earnings History.

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

15 equities research analysts have issued 12-month price objectives for Frontier Communications Corporation's stock. Their predictions range from $1.50 to $8.75. On average, they expect Frontier Communications Corporation's stock price to reach $3.18 in the next twelve months. View Analyst Ratings for Frontier Communications Corporation.

What are analysts saying about Frontier Communications Corporation stock?

Here are some recent quotes from research analysts about Frontier Communications Corporation 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 Corporation?

Frontier Communications Corporation saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 295,938,261 shares, an increase of 6.2% from the May 31st total of 278,726,881 shares. Based on an average trading volume of 27,330,316 shares, the days-to-cover ratio is presently 10.8 days. Currently, 25.4% of the company's shares are short sold.

Who are some of Frontier Communications Corporation's key competitors?

Who are Frontier Communications Corporation's key executives?

Frontier Communications Corporation's management team includes the folowing people:

  • Daniel J. McCarthy, President, Chief Executive Officer, Director
  • R. Perley McBride, Chief Financial Officer, Executive Vice President
  • Steve Gable, Executive Vice President, Chief Technology Officer
  • Kenneth A. Arndt, Executive Vice President - Commercial Sales Operations
  • John J. Lass, Executive Vice President - Customer Operations
  • Cecilia K. McKenney, Executive Vice President, Chief Customer Officer
  • Mark D. Nielsen, Executive Vice President, Chief Legal Officer
  • Tim Travaille, Executive Vice President - Operational Transformation
  • Kathleen Asser Weslock, Executive Vice President and Chief People Officer
  • Donald W. Daniels Jr., Senior Vice President, Controller

Who owns Frontier Communications Corporation stock?

Frontier Communications Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.85%), Vanguard Group Inc. (9.03%), State Street Corp (3.66%), Dimensional Fund Advisors LP (2.34%), CI Investments Inc. (2.10%) and Bank of New York Mellon Corp (2.04%). Company insiders that own Frontier Communications Corporation stock include Edward Fraioli, John Lass, Kathleen Q Abernathy, Kenneth Arndt and Steve Gable. View Institutional Ownership Trends for Frontier Communications Corporation.

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

Frontier Communications Corporation's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Vanguard Group Inc., State Street Corp, Massachusetts Financial Services Co. MA, TD Asset Management Inc., Teacher Retirement System of Texas, FMR LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Frontier Communications Corporation.

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

Frontier Communications Corporation's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, First Trust Advisors LP, Gotham Asset Management LLC, Pennant Capital Management LLC, Bank of New York Mellon Corp, Ameriprise Financial Inc. and Principal Financial Group Inc.. Company insiders that have bought Frontier Communications Corporation stock in the last two years include Edward Fraioli, John Lass, Kathleen Q Abernathy, Kenneth Arndt and Steve Gable. View Insider Buying and Selling for Frontier Communications Corporation.

How do I buy Frontier Communications Corporation stock?

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

What is Frontier Communications Corporation's stock price today?

One share of Frontier Communications Corporation stock can currently be purchased for approximately $1.14.

MarketBeat Community Rating for Frontier Communications Corporation (NASDAQ FTR)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  271 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  627
MarketBeat's community ratings are surveys of what our community members think about Frontier Communications Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Frontier Communications Corporation (NASDAQ:FTR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $3.18 (178.95% upside)

Analysts' Ratings History for Frontier Communications Corporation (NASDAQ:FTR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/14/2017Morgan StanleyLower Price TargetEqual Weight$2.30 -> $1.50MediumView Rating Details
5/4/2017UBS AGReiterated RatingBuyHighView Rating Details
5/3/2017Deutsche Bank AGReiterated RatingHold$3.00 -> $2.00HighView Rating Details
5/3/2017Cowen and CompanyDowngradeOutperform -> Market Perform$4.00 -> $2.00HighView Rating Details
5/3/2017Citigroup Inc.UpgradeSell -> Neutral$1.75HighView Rating Details
4/28/2017Jefferies Group LLCReiterated RatingBuy$3.50 -> $4.00MediumView Rating Details
4/13/2017MacquarieReiterated RatingHold$2.65HighView Rating Details
3/22/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$1.50HighView Rating Details
3/7/2017Bank of America CorporationDowngradeBuy -> Neutral$2.50N/AView Rating Details
2/28/2017Royal Bank Of CanadaReiterated RatingHold$3.50N/AView Rating Details
2/28/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$2.96 -> $2.51N/AView Rating Details
11/8/2016GabelliReiterated RatingBuyN/AView Rating Details
11/3/2016Hilliard LyonsReiterated RatingNeutralN/AView Rating Details
11/2/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
8/2/2016Raymond James Financial, Inc.Lower Price TargetOutperform$6.00 -> $5.50N/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
(Data available from 6/27/2015 forward)


Earnings History for Frontier Communications Corporation (NASDAQ:FTR)
Earnings by Quarter for Frontier Communications Corporation (NASDAQ:FTR)
Earnings History by Quarter for Frontier Communications Corporation (NASDAQ FTR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017($0.05)($0.08)$2.34 billion$2.36 billionViewListenView Earnings Details
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 Corporation (NASDAQ:FTR)
Current Year EPS Consensus Estimate: $-0.26 EPS
Next Year EPS Consensus Estimate: $-0.09 EPS


Current Dividend Information for Frontier Communications Corporation (NASDAQ:FTR)
Next Dividend:6/30/2017
Annual Dividend:$0.16
Dividend Yield:14.04%
Payout Ratio:-38.10% (Trailing 12 Months of Earnings)
-61.54% (Based on This Year's Estimates)
-177.78% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Frontier Communications Corporation (NASDAQ:FTR)

Dividend History by Quarter for Frontier Communications Corporation (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 Corporation (NASDAQ:FTR)
Insider Ownership Percentage: 0.88%
Institutional Ownership Percentage: 62.89%
Insider Trades by Quarter for Frontier Communications Corporation (NASDAQ:FTR)
Institutional Ownership by Quarter for Frontier Communications Corporation (NASDAQ:FTR)
Insider Trades by Quarter for Frontier Communications Corporation (NASDAQ:FTR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/25/2017Kenneth ArndtEVPBuy13,000$1.38$17,940.00View SEC Filing  
5/16/2017John LassEVPBuy8,000$1.35$10,800.00View SEC Filing  
5/15/2017Steve GableEVPBuy10,000$1.30$13,000.00View SEC Filing  
5/8/2017Steve GableEVPBuy7,300$1.53$11,169.00View SEC Filing  
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 Corporation (NASDAQ:FTR)
Latest Headlines for Frontier Communications Corporation (NASDAQ:FTR)
DateHeadline logoFrontier Communications Announces Early Tender Results and Upsizing of its Previously Announced Cash Tender Offers for Certain Series of Notes - June 26 at 11:49 PM logoFrontier boosts cash tender for notes - Seeking Alpha - June 26 at 6:47 PM logoFrontier Communications: Actually, It Really Is That Simple - June 23 at 6:00 PM logoWhy Frontier Communications Stock Fell Over 60% in Fiscal 2017 - June 23 at 6:00 PM logoFrontier Communications Corporation (FTR) Expected to Announce Quarterly Sales of $2.31 Billion - June 22 at 11:36 AM logoFrontier Communications, Whiting Petroleum, Ensco Stumble into Wednesday’s 52-Week Low Club - June 22 at 9:37 AM logoFrontier Communications Corporation (FTR) Upgraded to Sell by BidaskClub - June 20 at 7:20 PM logoZacks: Analysts Expect Frontier Communications Corporation (FTR) to Post -$0.07 Earnings Per Share - June 20 at 10:28 AM logo[$$] Dividend Still High - June 19 at 1:03 PM logoCan Frontier Communications Corp.'s Dividend Even Survive? - June 18 at 5:01 PM logoCan Frontier Communications Corp.'s Dividend Even Survive? - June 18 at 10:29 AM logoFrontier Communications: New $1.5 Billion Debt Issue Is Good News, Not Bad News - Seeking Alpha - June 16 at 11:04 PM logoI've Got a New Best Idea for You - June 16 at 6:02 PM logoFrontier Communications Statement on the Renomination of Jessica Rosenworcel for Commissioner of the Federal Communications Commission - June 14 at 11:37 PM logoFrontier Communications Names John Maduri EVP, Consumer Sales, Marketing & Product - June 14 at 6:36 PM logoFrontier Communications Corporation (FTR) Stock Rating Reaffirmed by Morgan Stanley - June 14 at 11:08 AM logoFrontier Communications Announces Cash Tender Offers for up to ... - Business Wire (press release) - June 13 at 10:08 PM logoFrontier Communications Announces Cash Tender Offers for up to $800 Million Aggregate Maximum Consideration for Certain Series of Notes - June 13 at 11:25 AM logoFrontier Communications Named Mitel’s Top U.S. Business Partner for Sixth Consecutive Year - June 12 at 9:15 AM logoShort Interest in Frontier Communications Corp (FTR) Increases By 3.0% - June 11 at 7:18 AM logoCan Frontier Stop The Churn? - Seeking Alpha - June 10 at 5:24 PM logoEx-Dividend Reminder: Telefonica, Frontier Communications and Leidos Holdings - June 9 at 5:45 PM logoToday's Research Reports on Stocks to Watch: Frontier Communications and Windstream - June 9 at 10:21 AM logoFrontier Communications: Impact Of New Secured Debt Issue On Unsecured Bonds - June 8 at 11:22 PM logoFrontier Communications And Its Efforts To Strengthen The Balance Sheet - June 6 at 5:44 PM logoWhy Frontier Communications Corporation Shareholders Have Something to Worry About - June 6 at 11:49 AM logoFrontier Communications Stock Fell 30.3% in May 2017 - June 5 at 5:26 PM logoFrontier Communications Corp (FTR) Given Consensus Rating of "Hold" by Brokerages - June 5 at 8:01 AM logoBRIEF-Frontier Communications, on June 1, lead arrangers for co's proposed $1.5 bln term loan B facility allocated loans to be made thereunder - June 2 at 11:41 PM logoWhy Is Frontier Communications (FTR) Down 18.6% Since the Last Earnings Report? - June 2 at 11:41 PM logoA Look at Frontier’s Capex Plans for the Rest of 2017 - June 2 at 11:41 PM logoHow Frontier’s Dividend Yield Has Shaped Out - June 2 at 11:41 PM logoFrontier’s Technical Indicators: A Peer Comparison - June 2 at 11:41 PM logoETFs with exposure to Frontier Communications Corp. : June 2, 2017 - June 2 at 11:41 PM logoInvestors Given Black Eye on Frontier's New $1.5 Billion Loan - June 2 at 11:41 PM logoAnalysts’ Recommendations for Frontier in May 2017 - June 1 at 6:06 PM logoWhy Frontier’s Broadband Subscriber Base Continues to Shrink - June 1 at 6:06 PM logoFrontier Communications Extends Broadband Network in Ohio - June 1 at 6:06 PM logoWhat’s Happening with Charter in the Broadband Space? - June 1 at 6:06 PM logoInsights from Frontier’s Earnings Margin Trends - May 31 at 5:17 PM logoExploring Frontier’s Revenue Trends in 2017 - May 31 at 9:10 AM logoFitch Cuts Frontier Communications’ Debt Rating To B+ - May 30 at 5:16 PM logoWhat’s the Outlook for Frontier for the Rest of 2017? - May 30 at 5:16 PM logoFrontier Communications (FTR) Set to Deploy Nokia's - May 27 at 5:41 PM logo Brokerages Expect Frontier Communications Corp (FTR) Will Post Quarterly Sales of $2.31 Billion - May 27 at 9:46 AM logoFrontier Communications (FTR) Set to Deploy Nokia's - May 26 at 6:00 PM logoThe Year's Worst-Performing S&P 500 Stocks - May 26 at 6:00 PM logoFrontier Communications Corp (FTR) Short Interest Update - May 26 at 7:22 AM logoToday's Research Reports on Stocks to Watch: Frontier Communications and Windstream Holdings - May 26 at 5:37 AM logoKenneth Arndt Purchases 13,000 Shares of Frontier Communications Corp (FTR) Stock - May 25 at 8:29 PM



Frontier Communications Corporation (FTR) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by Staff