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

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

Frontier Communications Corp (NASDAQ:FTR) issued its quarterly earnings data on Tuesday, November, 5th. The utilities provider reported ($0.15) EPS for the quarter, topping the Zacks' consensus estimate of ($0.47) by $0.32. The utilities provider had revenue of $2 billion for 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%. The firm's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous 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 1-year price objectives for Frontier Communications' stock. Their forecasts range from $1.00 to $2.51. On average, they expect Frontier Communications' stock price to reach $1.60 in the next year. This suggests a possible upside of 171.7% 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.

Press coverage about FTR stock has been trending very positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing 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 nearest to five being the most favorable. Frontier Communications earned a news sentiment score of 3.9 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Frontier Communications.

Frontier Communications saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 44,100,000 shares, a drop of 21.5% from the December 31st total of 56,170,000 shares. Based on an average daily trading volume, of 1,880,000 shares, the short-interest ratio is presently 23.5 days. Currently, 42.5% of the shares of the stock 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), 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 a number of of institutional and retail investors. Top institutional investors include World Asset Management Inc (0.16%). View Institutional Ownership Trends for Frontier Communications.

FTR stock was purchased by a variety of institutional investors in the last quarter, including World Asset Management Inc. 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 $0.59.

Frontier Communications has a market capitalization of $62.14 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]