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 results on Tuesday, November, 5th. The utilities provider reported ($0.15) EPS 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. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period last year, the firm earned ($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' share price to reach $1.60 in the next twelve months. This suggests a possible upside of 180.4% 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.

News stories about FTR stock have been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Frontier Communications earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. 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 trading volume of 1,880,000 shares, the days-to-cover ratio is presently 23.5 days. Approximately 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 ATN International (ATNI), AT&T (T), Centurylink (CTL), Cincinnati Bell (CBB), Consolidated Communications (CNSL), IDT (IDT) and Verizon Communications (VZ).

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 shareholders include Charles Schwab Investment Management Inc. (5.75%), Renaissance Technologies LLC (5.21%), State Street Corp (2.60%), Mitsubishi UFJ Trust & Banking Corp (2.12%), Bank of America Corp DE (0.49%) and Bank of New York Mellon Corp (0.48%). View Institutional Ownership Trends for Frontier Communications.

FTR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Bank of New York Mellon Corp, Rhumbline Advisers, Spark Investment Management LLC and Comerica Bank. View Insider Buying and Selling for Frontier Communications.

FTR stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Renaissance Technologies LLC, Bank of America Corp DE, Mitsubishi UFJ Trust & Banking Corp, Cubist Systematic Strategies LLC, Goldman Sachs Group Inc., Jane Street Group LLC and 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 $0.57.