Frontier Communications Corporation provides communications services to consumer, commercial, and wholesale customers in the United States. It offers broadband, video, voice, and other services and products through a combination of fiber and copper based networks to consumer customers. The company also provides broadband, Ethernet, traditional circuit-based, and voice services; and software defined wide area network, multiprotocol label switching, and time division multiplexing data transport and optical transport services to small, medium, and large enterprises, as well as advanced hardware and network solutions and services, and customer premise equipment. In addition, it offers 24/7 technical support; wireless broadband services in selected markets; satellite TV video services; voice services, including data-based VoIP, and long distance and voice messaging services; and a package of communications services. Further, the company provides a range of access services that allow other carriers to use facilities to originate and terminate their local and long distance voice traffic. As of December 31, 2017, it served approximately 4.9 million customers and 3.9 million broadband subscribers in 29 states. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorUtilities
SymbolNASDAQ:FTR
CUSIP35906A10
Phone203-614-5600
Debt
Debt-to-Equity Ratio6.75
Current Ratio0.47
Quick Ratio0.47
Price-To-Earnings
Trailing P/E Ratio-1.72
Forward P/E Ratio-3.91
P/E GrowthN/A
Sales & Book Value
Annual Sales$9.13 billion
Price / Sales0.07
Cash Flow$64.10 per share
Price / Cash0.10
Book Value$28.98 per share
Price / Book0.22
Profitability
EPS (Most Recent Fiscal Year)($3.79)
Net Income$-1,804,000,000.00
Net Margins-12.06%
Return on Equity-2.48%
Return on Assets-0.26%
Miscellaneous
Employees22,700
Outstanding Shares105,810,000
Market Cap$612.64 million
Frontier Communications (NASDAQ:FTR) Frequently Asked Questions
What is Frontier Communications' stock symbol?
Frontier Communications trades on the NASDAQ under the ticker symbol "FTR."
How often does Frontier Communications pay dividends? What is the dividend yield for Frontier Communications?
Frontier Communications declared a quarterly dividend on Tuesday, October 31st. Shareholders of record on Friday, December 15th will be given a dividend of $0.60 per share on Friday, December 29th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 37.27%. The ex-dividend date of this dividend is Thursday, December 14th. View Frontier Communications' Dividend History.
How were Frontier Communications' earnings last quarter?
Frontier Communications Corp (NASDAQ:FTR) announced its quarterly earnings results on Tuesday, July, 31st. The utilities provider reported ($0.80) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.83) by $0.03. The utilities provider earned $2.16 billion during the quarter, compared to analysts' expectations of $2.16 billion. Frontier Communications had a negative return on equity of 2.48% and a negative net margin of 12.06%. The company's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.10) EPS. View Frontier Communications' Earnings History.
When is Frontier Communications' next earnings date?
What price target have analysts set for FTR?
13 equities research analysts have issued 12-month price objectives for Frontier Communications' stock. Their forecasts range from $4.00 to $15.00. On average, they anticipate Frontier Communications' stock price to reach $7.8818 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Frontier Communications.
What is the consensus analysts' recommendation for Frontier Communications?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications in the last year. There are currently 5 sell ratings and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Frontier Communications.
Are investors shorting Frontier Communications?
Frontier Communications saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 30,171,711 shares, an increase of 1.2% from the August 15th total of 29,802,326 shares. Based on an average daily volume of 2,442,710 shares, the days-to-cover ratio is presently 12.4 days. Currently, 29.1% of the shares of the company are sold short. View Frontier Communications' Current Options Chain.
Who are some of Frontier Communications' key competitors?
Some companies that are related to Frontier Communications include TalkTalk Telecom Group (TKTCY), GTT Communications (GTT), Shenandoah Telecommunications (SHEN), CHORUS Ltd/S (CHRYY), ATN International (ATNI), SMARTONE TELECO/S (STTFY), Liberty Braves Group Series C (BATRK), Spirent Communications (SPMYY), Consolidated Communications (CNSL), Cincinnati Bell (CBB), Atento (ATTO), pdvWireless (PDVW), Loop Industries (LOOP), LICT (LICT) and Fusion Telecommunications International (FSNN).
Who are Frontier Communications' key executives?
Frontier Communications' management team includes the folowing people:
- Mr. Daniel J. McCarthy, Pres, CEO & Director (Age 54)
- Mr. Ralph Perley McBride, Exec. VP & CFO (Age 52)
- Mr. Steve Gable, Exec. VP & Chief Technology Officer (Age 44)
- Mr. Kenneth A. Arndt, Exec. VP of Commercial Sales Operations (Age 53)
- Mr. John J. Lass, Exec. VP of Customer Operations (Age 61)
Has Frontier Communications been receiving favorable news coverage?
News coverage about FTR stock has been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Frontier Communications earned a news impact score of 0.18 on Accern's scale. They also assigned news articles about the utilities provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Frontier Communications.
Who are Frontier Communications' major shareholders?
Frontier Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.30%), BlueMountain Capital Management LLC (1.25%), Bank of New York Mellon Corp (1.50%), Bank of New York Mellon Corp (1.14%), Schwab Charles Investment Management Inc. (1.46%) and Benefit Street Partners LLC (1.07%). Company insiders that own Frontier Communications stock include John Lass, Kenneth Arndt and Steve Gable. View Institutional Ownership Trends for Frontier Communications.
Which institutional investors are selling Frontier Communications stock?
FTR stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Advisors Asset Management Inc., BNP Paribas Arbitrage SA, California Public Employees Retirement System, Nomura Holdings Inc., Federated Investors Inc. PA, SG Americas Securities LLC and Great West Life Assurance Co. Can. View Insider Buying and Selling for Frontier Communications.
Which institutional investors are buying Frontier Communications stock?
FTR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlueMountain Capital Management LLC, Davidson Kempner Capital Management LP, Millennium Management LLC, KBC Group NV, Benefit Street Partners LLC, Raymond James Financial Services Advisors Inc. and GSA Capital Partners LLP. Company insiders that have bought Frontier Communications stock in the last two years include John Lass, Kenneth Arndt and Steve Gable. View Insider Buying and Selling for Frontier Communications.
How do I buy shares of Frontier Communications?
Shares of FTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Frontier Communications' stock price today?
One share of FTR stock can currently be purchased for approximately $6.44.
How big of a company is Frontier Communications?
Frontier Communications has a market capitalization of $612.64 million and generates $9.13 billion in revenue each year. The utilities provider earns $-1,804,000,000.00 in net income (profit) each year or ($3.79) on an earnings per share basis. Frontier Communications employs 22,700 workers across the globe.
How can I contact Frontier Communications?
Frontier Communications' mailing address is 401 Merritt 7, Norwalk CT, 06581. The utilities provider can be reached via phone at 203-614-5600 or via email at [email protected]
MarketBeat Community Rating for Frontier Communications (NASDAQ FTR)
MarketBeat's community ratings are surveys of what our community members think about Frontier Communications and other stocks. Vote "Outperform" if you believe FTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
