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

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

Frontier Communications Corp (NASDAQ:FTR) released its earnings results on Tuesday, November, 5th. The utilities provider reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.32. The utilities provider had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.02 billion. Frontier Communications had a negative net margin of 72.00% and a negative return on equity of 5.15%. The firm's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period last year, the firm posted ($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.

5 Wall Street analysts have issued 12-month price targets for Frontier Communications' stock. Their forecasts range from $1.00 to $2.51. On average, they anticipate Frontier Communications' share price to reach $1.60 in the next year. This suggests a possible upside of 175.4% from the stock's current price. View Analyst Price Targets for Frontier Communications.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Frontier Communications.

Headlines about FTR stock have trended extremely positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Frontier Communications earned a news sentiment score of 5.0 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Frontier Communications.

Frontier Communications saw a decrease in short interest in December. As of December 31st, there was short interest totalling 44,100,000 shares, a decrease of 21.5% from the December 15th total of 56,170,000 shares. Based on an average trading volume of 1,890,000 shares, the days-to-cover ratio is currently 23.3 days. Currently, 42.5% of the shares of the company are sold short. 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), Centurylink (CTL), Verizon Communications (VZ), Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), Heat Biologics (HTBX) and Chesapeake Energy (CHK).

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 $0.58.

Frontier Communications has a market capitalization of $61.30 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]