Frontier Communications Parent (FYBR) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications Parent in the last year. There are currently 1 sell rating, 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FYBR shares.
View FYBR analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 12 month price objectives for Frontier Communications Parent's shares. Their FYBR share price forecasts range from $19.00 to $41.00. On average, they anticipate the company's stock price to reach $30.43 in the next twelve months. This suggests a possible upside of 94.7% from the stock's current price.
View analysts price targets for FYBR or view top-rated stocks among Wall Street analysts.

Frontier Communications Parent's stock was trading at $25.48 at the beginning of the year. Since then, FYBR shares have decreased by 38.7% and is now trading at $15.63.
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Frontier Communications Parent saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 22,540,000 shares, a drop of 6.7% from the April 30th total of 24,150,000 shares. Based on an average daily trading volume, of 2,030,000 shares, the days-to-cover ratio is currently 11.1 days. Approximately 10.3% of the company's shares are sold short.
View Frontier Communications Parent's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our FYBR earnings forecast.

Frontier Communications Parent, Inc. (NASDAQ:FYBR) announced its quarterly earnings results on Friday, May, 5th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.02. The company earned $1.44 billion during the quarter, compared to analysts' expectations of $1.43 billion. Frontier Communications Parent had a trailing twelve-month return on equity of 7.57% and a net margin of 6.56%. The company's revenue was down .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 earnings per share.

ETFs with the largest weight of Frontier Communications Parent (NASDAQ:FYBR) stock in their portfolio include SPDR S&P Telecom ETF (XTL), iShares U.S. Telecommunications ETF (IYZ), Roundhill IO Digital Infrastructure ETF (BYTE), Goldman Sachs Hedge Industry VIP ETF (GVIP), Global X Guru Index ETF (GURU), Syntax Stratified MidCap ETF (SMDY), Vanguard S&P Mid-Cap 400 Value ETF (IVOV) and Invesco Raymond James SB-1 Equity ETF (RYJ).

Frontier Communications Parent trades on the NASDAQ under the ticker symbol "FYBR."

Frontier Communications Parent's stock is owned by a number of retail and institutional investors. Top institutional investors include Ares Management LLC (15.12%), State Street Corp (2.67%), Silver Point Capital L.P. (2.34%), ANTIPODES PARTNERS Ltd (2.29%), Magnolia Group LLC (1.63%) and Geode Capital Management LLC (1.40%). Insiders that own company stock include Ares Management Llc and John G Stratton.
View institutional ownership trends.

Shares of FYBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FYBR stock can currently be purchased for approximately $15.63.

Frontier Communications Parent (NASDAQ:FYBR) has a market capitalization of $3.83 billion and generates $5.79 billion in revenue each year. The company earns $441 million in net income (profit) each year or $1.54 on an earnings per share basis.

The company employs 14,700 workers across the globe.

The official website for the company is www.frontier.com. The company can be reached via phone at 203-614-5600 or via email at ir@ftr.com.