NASDAQ:FTR - Frontier Communications Stock Price, News, & Analysis

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$3.56 -0.25 (-6.56 %)
(As of 11/20/2018 02:24 PM ET)
Previous Close$3.81
Today's Range$3.49 - $3.78
52-Week Range$3.52 - $11.64
Volume2.22 million shs
Average Volume3.78 million shs
Market Capitalization$413.75 million
P/E Ratio-0.94
Dividend Yield15.31%
Beta0.83
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorUtilities
Current SymbolNASDAQ:FTR
Previous Symbol
CUSIP35906A10
Phone203-614-5600

Debt

Debt-to-Equity Ratio8.44
Current Ratio0.49
Quick Ratio0.49

Price-To-Earnings

Trailing P/E Ratio-0.94
Forward P/E Ratio-2.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.13 billion
Price / Sales0.04
Cash Flow$50.8571 per share
Price / Cash0.07
Book Value$28.98 per share
Price / Book0.12

Profitability

EPS (Most Recent Fiscal Year)($3.79)
Net Income$-1,804,000,000.00
Net Margins-16.69%
Return on Equity-2.35%
Return on Assets-0.22%

Miscellaneous

Employees22,700
Outstanding Shares105,550,000
Market Cap$413.75 million
OptionableOptionable

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 were Frontier Communications' earnings last quarter?

Frontier Communications Corp (NASDAQ:FTR) released its quarterly earnings data on Tuesday, November, 6th. The utilities provider reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.13. The utilities provider earned $2.13 billion during the quarter, compared to analyst estimates of $2.12 billion. Frontier Communications had a negative net margin of 16.69% and a negative return on equity of 2.35%. Frontier Communications's quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.94) EPS. View Frontier Communications' Earnings History.

When is Frontier Communications' next earnings date?

Frontier Communications is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Frontier Communications.

What price target have analysts set for FTR?

8 Wall Street analysts have issued twelve-month price objectives for Frontier Communications' shares. Their predictions range from $3.00 to $7.00. On average, they expect Frontier Communications' stock price to reach $4.9571 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets for Frontier Communications.

What is the consensus analysts' recommendation for Frontier Communications?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications in the last year. There are currently 4 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Frontier Communications.

Has Frontier Communications been receiving favorable news coverage?

News coverage about FTR stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Frontier Communications earned a news impact score of -1.9 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting Frontier Communications?

Frontier Communications saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 36,569,560 shares, an increase of 8.5% from the October 15th total of 33,704,254 shares. Based on an average trading volume of 3,033,227 shares, the days-to-cover ratio is currently 12.1 days. Currently, 35.2% of the shares of the stock are sold short. View Frontier Communications' Current Options Chain.

Who are some of Frontier Communications' key competitors?

Who are Frontier Communications' key executives?

Frontier Communications' management team includes the folowing people:
  • Mr. Daniel J. McCarthy, Pres, CEO & Director (Age 54)
  • 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)
  • Mr. Sheldon Bruha, Interim CFO, Sr. VP & Treasurer

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. (15.39%), Allianz Asset Management GmbH (1.55%), Bank of New York Mellon Corp (1.49%), Dimensional Fund Advisors LP (1.17%), FMR LLC (0.87%) and Renaissance Technologies LLC (0.85%). Company insiders that own Frontier Communications stock include John Lass, Kenneth Arndt and Steve Gable. View Institutional Ownership Trends for Frontier Communications.

Which major investors are selling Frontier Communications stock?

FTR stock was sold by a variety of institutional investors in the last quarter, including BlueMountain Capital Management LLC, Credit Suisse AG, GSA Capital Partners LLP, Man Group plc, Advisors Asset Management Inc., Marathon Capital Management and Dimensional Fund Advisors LP. View Insider Buying and Selling for Frontier Communications.

Which major investors are buying Frontier Communications stock?

FTR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, Canada Pension Plan Investment Board, Renaissance Technologies LLC, Bank of New York Mellon Corp, Commonwealth Bank of Australia, Capital World Investors and FMR LLC. 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 $3.55.

How big of a company is Frontier Communications?

Frontier Communications has a market capitalization of $413.75 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.

What is Frontier Communications' official website?

The official website for Frontier Communications is http://www.frontier.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  414 (Vote Outperform)
Underperform Votes:  594 (Vote Underperform)
Total Votes:  1,008
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.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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