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

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

Frontier Communications Corp (NASDAQ:FTR) announced its quarterly earnings results on Tuesday, November, 5th. The utilities provider reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.47) by $0.32. The utilities provider earned $2 billion during the quarter, compared to analysts' expectations of $2.02 billion. Frontier Communications had a negative return on equity of 5.15% and a negative net margin of 72.00%. Frontier Communications's quarterly revenue was down 3.4% on a year-over-year basis. During the same period last year, the business earned ($4.11) earnings per share. View Frontier Communications' Earnings History.

Frontier Communications is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Frontier Communications.

4 brokerages have issued 1 year price objectives for Frontier Communications' stock. Their forecasts range from $1.00 to $2.00. On average, they expect Frontier Communications' share price to reach $1.38 in the next year. This suggests a possible upside of 129.2% from the stock's current price. View Analyst Price Targets for Frontier Communications.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Frontier Communications.

News stories about FTR stock have trended extremely negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Frontier Communications earned a coverage optimism score of -4.3 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Frontier Communications.

Frontier Communications saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 44,100,000 shares, a decrease of 21.5% from the December 31st total of 56,170,000 shares. Based on an average daily volume of 1,880,000 shares, the short-interest ratio is presently 23.5 days. Approximately 42.5% of the shares of the company are short sold. View Frontier Communications' Current Options Chain.

Some companies that are related to Frontier Communications include AT&T (T), Verizon Communications (VZ), Centurylink (CTL), ATN International (ATNI), Cincinnati Bell (CBB), Consolidated Communications (CNSL) and IDT (IDT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Frontier Communications investors own include AT&T (T), Ford Motor (F), Wendys (WEN), General Electric (GE), Verizon Communications (VZ), Centurylink (CTL), Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), Heat Biologics (HTBX) and Chesapeake Energy (CHK).

Frontier Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (5.75%), Renaissance Technologies LLC (5.21%), State Street Corp (2.60%), Mitsubishi UFJ Trust & Banking Corp (2.12%), Geode Capital Management LLC (1.59%) and Bank of America Corp DE (0.49%). View Institutional Ownership Trends for Frontier Communications.

FTR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Bank of New York Mellon Corp, Rhumbline Advisers, Spark Investment Management LLC, Comerica Bank and Alliancebernstein L.P.. View Insider Buying and Selling for Frontier Communications.

FTR stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Renaissance Technologies LLC, Bank of America Corp DE, Mitsubishi UFJ Trust & Banking Corp, Geode Capital Management LLC, Cubist Systematic Strategies LLC, Goldman Sachs Group Inc. and Jane Street Group LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of FTR stock can currently be purchased for approximately $0.60.

Frontier Communications has a market capitalization of $63.22 million and generates $8.61 billion in revenue each year. The utilities provider earns $-643,000,000.00 in net income (profit) each year or ($1.34) on an earnings per share basis. Frontier Communications employs 21,200 workers across the globe.View Additional Information About Frontier Communications.

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

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]