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
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-0.75
Forward P/E Ratio-1.95
P/E GrowthN/A
Sales & Book Value
Annual Sales$9.13 billion
Price / Sales0.03
Cash Flow$57.20 per share
Price / Cash Flow0.05
Book Value$28.98 per share
Price / Book0.10
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$337.76 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) announced its quarterly earnings results on Tuesday, November, 6th. The utilities provider reported ($0.07) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.20) by $0.13. The utilities provider had revenue of $2.13 billion for 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 revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.94) EPS. View Frontier Communications' Earnings History.
When is Frontier Communications' next earnings date?
What price target have analysts set for FTR?
8 equities research analysts have issued 12-month price targets for Frontier Communications' shares. Their predictions range from $2.75 to $7.00. On average, they anticipate Frontier Communications' stock price to reach $4.7071 in the next twelve months. This suggests a possible upside of 64.6% 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?
Press coverage about FTR stock has been trending positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news 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 daily sentiment score of 2.6 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the near future.
Are investors shorting Frontier Communications?
Frontier Communications saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 41,501,402 shares, an increase of 8.1% from the November 15th total of 38,375,628 shares. Based on an average daily volume of 2,906,616 shares, the short-interest ratio is presently 14.3 days. Approximately 40.1% of the company's stock are short sold. View Frontier Communications' Current Options Chain.
Who are some of Frontier Communications' key competitors?
Some companies that are related to Frontier Communications include SMARTONE TELECO/S (STTFY), CHORUS LTD/S (CHRYY), ATN International (ATNI), Liberty Braves Group Series C (BATRK), Spirent Communications (SPMYY), Consolidated Communications (CNSL), Cincinnati Bell (CBB), pdvWireless (PDVW), LICT (LICT), Atento (ATTO), Hong Kong Television Network (HKTVY), Loop Industries (LOOP), AXTEL/BRSH MXN (AXTLF), IDT (IDT) 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. 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.39%), Vanguard Group Inc. (10.76%), Allianz Asset Management GmbH (1.55%), Bank of New York Mellon Corp (1.49%), Dimensional Fund Advisors LP (1.17%) and FMR LLC (0.87%). 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 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 institutional investors are buying Frontier Communications stock?
FTR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Allianz Asset Management GmbH, Canada Pension Plan Investment Board, Renaissance Technologies LLC, Bank of New York Mellon Corp, Commonwealth Bank of Australia and Capital World Investors. 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 $2.86.
How big of a company is Frontier Communications?
Frontier Communications has a market capitalization of $337.76 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?
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.
