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 Ethernet and traditional circuit-based services; software defined wide area network, managed Wi-Fi and cloud IT solutions, voice and Unified Communications as a Service (UCaaS), and Voice over Internet Protocol (VoIP) services, as well as hardware and network solutions and services to small and medium business, and large enterprises. In addition, it offers data and Internet services; wireless broadband services; satellite TV video services; voice services, including data-based VoIP, UCaaS, 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. It serves approximately 4.5 million customers and 3.7 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
Industry Telephone communication, except radio
Sub-IndustryIntegrated Telecommunication Services
SectorUtilities
Phone203-614-5600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$8.61 billion
Profitability
Miscellaneous
Employees21,200
Next Earnings Date4/30/2019 (Confirmed)
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) posted its earnings results on Tuesday, February, 26th. The utilities provider reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.02. The utilities provider had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.09 billion. Frontier Communications had a negative net margin of 7.47% and a negative return on equity of 0.62%. The company's revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.59) earnings per share. View Frontier Communications' Earnings History.
When is Frontier Communications' next earnings date?
What price target have analysts set for FTR?
9 analysts have issued twelve-month target prices for Frontier Communications' shares. Their predictions range from $1.75 to $7.00. On average, they anticipate Frontier Communications' share price to reach $3.5789 in the next year. This suggests a possible upside of 47.3% from the stock's current price. View Analyst Price Targets for Frontier Communications.
What is the consensus analysts' recommendation for Frontier Communications?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications in the last year. There are currently 5 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Frontier Communications.
Has Frontier Communications been receiving favorable news coverage?
Headlines about FTR stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press 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 media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the near term.
Are investors shorting Frontier Communications?
Frontier Communications saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 54,898,710 shares, an increase of 2.4% from the March 15th total of 53,633,701 shares. Based on an average daily volume of 3,517,370 shares, the days-to-cover ratio is presently 15.6 days. Currently, 53.1% of the company's stock are sold short. View Frontier Communications' Current Options Chain.
Who are some of Frontier Communications' key competitors?
Some companies that are related to Frontier Communications include ATN International (ATNI), Consolidated Communications (CNSL), pdvWireless (PDVW), Cincinnati Bell (CBB), Hong Kong Television Network (HKTVY), LICT (LICT), Loop Industries (LOOP), Atento (ATTO), IDT (IDT), magicJack VocalTec (CALL), Alaska Communications Systems Group (ALSK), Oi SA em Recuperacao Judicial (OIBRQ), Otelco (OTEL), Liberty Braves Group Series B (BATRB) and Maxcom Telecomunic (MXMTY).
What other stocks do shareholders of Frontier Communications own?
Who are Frontier Communications' key executives?
Frontier Communications' management team includes the folowing people:
- Mr. Daniel J. McCarthy, Pres, CEO & Director (Age 55)
- Mr. Kenneth A. Arndt, Exec. VP & COO (Age 54)
- Mr. Steve Gable, Exec. VP & Chief Technology Officer (Age 45)
- Mr. John J. Lass, Exec. VP & Chief Transformation Officer (Age 62)
- Mr. Sheldon Bruha, Interim CFO, Sr. VP & Treasurer (Age 51)
Who are Frontier Communications' major shareholders?
Frontier Communications' stock is owned by a number of of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.01%). 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 selling Frontier Communications stock?
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 $2.43.
How big of a company is Frontier Communications?
Frontier Communications has a market capitalization of $255.93 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.
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.
