NASDAQ:FTR - Frontier Communications Stock Price, Price Target & More

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$4.87 -0.05 (-1.02 %)
(As of 07/20/2018 12:19 PM ET)
Previous Close$4.93
Today's Range$4.72 - $4.93
52-Week Range$4.90 - $18.21
Volume188,251 shs
Average Volume3.99 million shs
Market Capitalization$406.30 million
P/E Ratio-1.26
Dividend Yield23.67%
Beta0.65
Frontier Communications logoFrontier 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorUtilities
SymbolNASDAQ:FTR
CUSIP35906A10
Phone203-614-5600

Debt

Debt-to-Equity Ratio6.87
Current Ratio0.45
Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio-1.26
Forward P/E Ratio-2.34
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.13 billion
Price / Sales0.04
Cash Flow$54.1111 per share
Price / Cash0.09
Book Value$28.98 per share
Price / Book0.17

Profitability

EPS (Most Recent Fiscal Year)($3.79)
Net Income$-1,804,000,000.00
Net Margins-19.05%
Return on Equity-3.06%
Return on Assets-0.34%

Miscellaneous

Employees22,700
Outstanding Shares80,140,000
Market Cap$406.30

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 dividend on an annualized basis and a yield of 49.28%. The ex-dividend date is Thursday, December 14th. View Frontier Communications' Dividend History.

How were Frontier Communications' earnings last quarter?

Frontier Communications Corp (NASDAQ:FTR) announced its quarterly earnings data on Tuesday, May, 1st. The utilities provider reported ($0.58) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.83) by $0.25. The utilities provider had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.19 billion. Frontier Communications had a negative return on equity of 3.06% and a negative net margin of 19.05%. The firm's revenue was down 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.11) earnings per share. View Frontier Communications' Earnings History.

When is Frontier Communications' next earnings date?

Frontier Communications is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Frontier Communications.

What price target have analysts set for FTR?

14 brokerages have issued 12 month price targets for Frontier Communications' shares. Their predictions range from $4.00 to $25.00. On average, they anticipate Frontier Communications' share price to reach $10.2917 in the next twelve months. This suggests a possible upside of 111.3% from the stock's current price. View Analyst Ratings for Frontier Communications.

What is the consensus analysts' recommendation for Frontier Communications?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications in the last year. There are currently 6 sell ratings and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Frontier Communications?

Frontier Communications saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 39,684,304 shares, an increase of 8.9% from the June 15th total of 36,453,016 shares. Based on an average trading volume of 5,076,631 shares, the days-to-cover ratio is currently 7.8 days. Currently, 50.9% of the company's shares are sold short. View Frontier Communications' Current Options Chain.

Who are some of Frontier Communications' key competitors?

Who are Frontier Communications' key executives?

Frontier Communications' management team includes the folowing people:
  • Mr. Daniel J. McCarthy, Pres, CEO & Director (Age 54)
  • Mr. Ralph Perley McBride, Exec. VP & CFO (Age 52)
  • 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)

Has Frontier Communications been receiving favorable news coverage?

Press coverage about FTR stock has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Frontier Communications earned a coverage optimism score of 0.09 on Accern's scale. They also gave news articles about the utilities provider an impact score of 46.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Frontier Communications' major shareholders?

Frontier Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Calamos Advisors LLC (0.25%) and Midas Management Corp (0.03%). Company insiders that own Frontier Communications stock include John Lass, Kenneth Arndt and Steve Gable. View Institutional Ownership Trends for Frontier Communications.

Which major investors are buying Frontier Communications stock?

FTR stock was purchased by a variety of institutional investors in the last quarter, including Calamos Advisors LLC and Midas Management Corp. 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 $4.87.

How big of a company is Frontier Communications?

Frontier Communications has a market capitalization of $406.30 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.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  382 (Vote Outperform)
Underperform Votes:  531 (Vote Underperform)
Total Votes:  913
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.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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