About Frontier Communications (NASDAQ:FTR)
Frontier 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
Industry Integrated Telecommunications Services
Sub-IndustryIntegrated Telecommunication Services
SectorIntegrated Telecommunications Services - NEC
Trailing P/E Ratio-0.588363636363636
Forward P/E Ratio-1.94
Sales & Book Value
Annual Sales$8.90 billion
Price / Sales0.07
Cash Flow$28.89 per share
Price / Cash0.28
Book Value$57.76 per share
Price / Book0.14
Return on Equity-1.97%
Return on Assets-0.28%
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 announced a quarterly dividend on Tuesday, October 31st. Shareholders of record on Friday, December 15th will be paid a dividend of $0.60 per share on Friday, December 29th. This represents a $2.40 annualized dividend and a yield of 29.67%. 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 Corporation (NASDAQ:FTR) announced its earnings results on Tuesday, October, 31st. The utilities provider reported ($0.94) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.95) by $0.01. The utilities provider earned $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Frontier Communications had a negative net margin of 9.17% and a negative return on equity of 1.97%. The firm's revenue for the quarter was down 10.8% on a year-over-year basis. During the same period last year, the company posted ($0.64) EPS. View Frontier Communications' Earnings History.
When will Frontier Communications make its next earnings announcement?
Where is Frontier Communications' stock going? Where will Frontier Communications' stock price be in 2018?
14 Wall Street analysts have issued 1 year target prices for Frontier Communications' stock. Their forecasts range from $1.50 to $25.00. On average, they expect Frontier Communications' stock price to reach $9.33 in the next year. View Analyst Ratings for Frontier Communications.
What are Wall Street analysts saying about Frontier Communications stock?
Here are some recent quotes from research analysts about Frontier Communications stock:
- 1. According to Zacks Investment Research, "Frontier Communications is expanding broadband services in rural areas, with the help of FCC CAF-II funding. The company’s focus to rake in more profits through customer retention, market share gain, new product introductions, broadband expansion and improved sales and marketing initiatives, looks good. The company is working on its growing Business Service Segment. Foraying into North Carolina with the rollout of ‘Vantage TV’ IPTV and broadband services also bode well. Over the past three months, the stock price declined 38.6% as against the industry’s loss of 23.2%. Persistent decline in access lines, loss of legacy fixed telephony business to wireless, decline in wireless backhaul revenues and declining subscriber statistics, continue to bother the company’s growth prospects. Frontier’s FiOS customers in the Seattle area lost access to Cox Media Group’s KIRO-TV programming." (1/11/2018)
- 2. 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)
Are investors shorting Frontier Communications?
Frontier Communications saw a increase in short interest during the month of December. As of December 29th, there was short interest totalling 32,409,907 shares, an increase of 1.1% from the December 15th total of 32,770,788 shares. Based on an average trading volume of 3,722,680 shares, the days-to-cover ratio is currently 8.7 days. Currently, 41.6% of the company's stock are sold short.
Who are some of Frontier Communications' key competitors?
Some companies that are related to Frontier Communications include ATN International (ATNI), OI (OIBR), Cincinnati Bell (CBB), KCOM Group (KCOM), FairPoint Communications (FRP), Bandwidth (BAND), IDT (IDT), Manx Telecom (MANX), Black Box (BBOX), Satellite Solutions Worldwide Group (SAT), Cable and Wireless Communications (CWC), Colt Group (COLT), Inteliquent (IQNT) and NTS (NTS).
Who are Frontier Communications' key executives?
Frontier Communications' management team includes the folowing people:
- Daniel J. McCarthy, President, Chief Executive Officer, Director (Age 53)
- R. Perley McBride, Chief Financial Officer, Executive Vice President (Age 51)
- Steve Gable, Executive Vice President, Chief Technology Officer (Age 43)
- John D. Maduri, Executive Vice President - Consumer Sales, Marketing & Product
- Kenneth A. Arndt, Executive Vice President - Commercial Sales Operations (Age 52)
- John J. Lass, Executive Vice President - Customer Operations (Age 60)
- Mark D. Nielsen, Executive Vice President, Chief Legal Officer (Age 52)
- Tim Travaille, Executive Vice President - Operational Transformation (Age 59)
- Kathleen Asser Weslock, Executive Vice President and Chief People Officer (Age 61)
- Donald W. Daniels Jr., Senior Vice President, Controller (Age 49)
Who owns Frontier Communications stock?
Frontier Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Schwab Charles Investment Management Inc. (1.18%), Nisa Investment Advisors LLC (0.11%), Louisiana State Employees Retirement System (0.04%), Bank of Montreal Can (0.04%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Frontier Communications stock include John Lass, Kenneth Arndt and Steve Gable. View Institutional Ownership Trends for Frontier Communications.
Who bought Frontier Communications stock? Who is buying Frontier Communications stock?
Frontier Communications' stock was bought by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Nisa Investment Advisors LLC, Bank of Montreal Can, State of Alaska Department of Revenue and Louisiana State Employees Retirement System. 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 Frontier Communications stock?
Shares of Frontier Communications 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 Frontier Communications stock can currently be purchased for approximately $8.09.
How big of a company is Frontier Communications?
Frontier Communications has a market capitalization of $634.73 million and generates $8.90 billion in revenue each year. The utilities provider earns $-373,000,000.00 in net income (profit) each year or ($13.75) on an earnings per share basis. Frontier Communications employs 28,300 workers across the globe.
How can I contact Frontier Communications?
Frontier Communications' mailing address is 401 Merritt 7, NORWALK, CT 06851-1000, United States. The utilities provider can be reached via phone at +1-203-6145600 or via email at [email protected]
MarketBeat Community Rating for Frontier Communications (FTR)MarketBeat's community ratings are surveys of what our community members think about Frontier Communications 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.
Frontier Communications (NASDAQ:FTR) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||1.71||1.71||2.00||2.14|
|Ratings Breakdown: ||5 Sell Rating(s)|
8 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|5 Sell Rating(s)|
8 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
9 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
10 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$9.33||$9.33||$9.69||$3.18|
|Price Target Upside: ||7.31% upside||7.31% upside||15.44% downside||135.56% upside|
Frontier Communications (NASDAQ:FTR) Consensus Price Target History
Frontier Communications (NASDAQ:FTR) Analyst Ratings History
(Data available from 1/24/2016 forward)
Frontier Communications (NASDAQ:FTR) Earnings History and Estimates Chart
Frontier Communications (NASDAQ FTR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/31/2017||Q3 2017||($0.95)||($0.94)||$2.25 billion||$2.25 billion||View||N/A|
|8/1/2017||Q2 2017||($1.07)||($1.10)||$2.31 billion||$2.30 billion||View||Listen|
|5/2/2017||Q1 2017||($0.05)||($0.08)||$2.34 billion||$2.36 billion||View||Listen|
|2/27/2017||Q416||($0.05)||($0.04)||$2.50 billion||$2.41 billion||View||Listen|
|11/1/2016||Q316||($0.04)||($0.04)||$2.57 billion||$2.52 billion||View||Listen|
|8/1/2016||Q216||($0.03)||($0.02)||$2.75 billion||$2.61 billion||View||Listen|
|5/3/2016||Q116||($0.10)||$0.01||$1.35 billion||$1.36 billion||View||Listen|
|2/23/2016||Q415||($0.03)||$0.05||$1.42 billion||$1.41 billion||View||Listen|
|11/3/2015||Q315||($0.01)||$0.03||$1.43 billion||$1.42 billion||View||Listen|
|8/3/2015||Q215||$0.02||$0.03||$1.37 billion||$1.37 billion||View||Listen|
|5/5/2015||Q115||$0.04||$0.02||$1.39 billion||$1.37 billion||View||Listen|
|2/19/2015||Q414||$0.05||$0.04||$1.37 billion||$1.33 billion||View||Listen|
|11/3/2014||Q314||$0.04||$0.05||$1.14 billion||$1.14 billion||View||N/A|
|8/5/2014||Q214||$0.05||$0.05||$1.15 billion||$1.15 billion||View||N/A|
|5/6/2014||Q114||$0.06||$0.05||$1.17 billion||$1.15 billion||View||N/A|
|2/24/2014||Q413||$0.06||$0.07||$1.18 billion||$1.18 billion||View||N/A|
|11/5/2013||Q313||$0.06||$0.06||$1.19 billion||$1.19 billion||View||N/A|
|8/7/2013||Q2 2013||$0.06||$0.06||$1.19 billion||$1.19 billion||View||N/A|
|5/6/2013||Q1 2013||$0.06||$0.05||$1.22 billion||$1.21 billion||View||N/A|
|2/21/2013||Q4 2012||$0.06||$0.06||$1.24 billion||$1.23 billion||View||N/A|
|11/6/2012||Q312||$0.07||$0.07||$1.24 billion||$1.25 billion||View||N/A|
Frontier Communications (NASDAQ:FTR) Earnings Estimates
Current Year EPS Consensus Estimate: $-4.16 EPS
Next Year EPS Consensus Estimate: $-2.42 EPS
Frontier Communications (NASDAQ:FTR) Dividend Information
|Most Recent Dividend:||12/29/2017|
|Payout Ratio:||-17.45% (Trailing 12 Months of Earnings) |
-57.69% (Based on This Year's Estimates)
-99.17% (Based on Next Year's Estimates)
Frontier Communications (NASDAQ:FTR) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Frontier Communications (NASDAQ FTR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.88%
Institutional Ownership Percentage: 62.87%
Frontier Communications (NASDAQ FTR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/25/2017||Kenneth Arndt||EVP||Buy||13,000||$1.38||$17,940.00||498,235|| |
|5/16/2017||John Lass||EVP||Buy||8,000||$1.35||$10,800.00||628,042|| |
|5/15/2017||Steve Gable||EVP||Buy||10,000||$1.30||$13,000.00||439,945|| |
|5/8/2017||Steve Gable||EVP||Buy||7,300||$1.53||$11,169.00||427,645|| |
|11/12/2015||Steve Gable||EVP||Buy||53,416||$4.75||$253,726.00||112,567|| |
|11/10/2015||Edward Fraioli||Director||Buy||5,000||$4.80||$24,000.00||20,000|| |
|11/10/2015||Kathleen Q. Abernathy||EVP||Buy||46,391||$4.85||$224,996.35||602,502|| |
|9/10/2014||Myron A Wick III||Director||Sell||30,000||$6.36||$190,800.00|| |
|9/8/2014||Mark D Nielsen||SVP||Buy||15,000||$6.71||$100,650.00|| |
|6/11/2013||Edward Fraioli||Director||Buy||2,600||$4.10||$10,660.00|| |
|6/5/2013||Mark S Shapiro||Director||Buy||75,000||$3.99||$299,250.00|| |
Frontier Communications (NASDAQ FTR) News Headlines
Frontier Communications (NASDAQ:FTR) SEC Filings
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Frontier Communications (NASDAQ:FTR) Income Statement, Balance Sheet and Cash Flow Statement
Frontier Communications (NASDAQ FTR) Stock Chart for Wednesday, January, 24, 2018