S&P 500   5,069.53
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How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
Critical asset just had biggest fall on record (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
Critical asset just had biggest fall on record (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
S&P 500   5,069.53
DOW   39,069.23
QQQ   436.55
Is CRISPR Therapeutics the NVIDIA of gene editing?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 Chinese stocks poised for rebound
4 stocks benefitting from NVIDIA's explosive growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
These 2 carnivore dining stocks gaining on the Ozempic craze
This healthcare stock making a buzz with 160% growth
Critical asset just had biggest fall on record (Ad)
First it was Tyson stock, now this food company is set to rally
How major US stock indexes fared Monday, 2/26/2024
NYSE:FRO

Frontline (FRO) Stock Price, News & Analysis

$23.17
+0.28 (+1.22%)
(As of 02/26/2024 ET)
Today's Range
$22.85
$23.23
50-Day Range
$19.97
$24.16
52-Week Range
$13.35
$24.53
Volume
1.45 million shs
Average Volume
2.55 million shs
Market Capitalization
$5.16 billion
P/E Ratio
6.62
Dividend Yield
5.18%
Price Target
$23.67

Frontline MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.1% Upside
$23.67 Price Target
Short Interest
Healthy
4.29% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.08mentions of Frontline in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.82%
From $2.73 to $3.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.64 out of 5 stars

Transportation Sector

76th out of 113 stocks

Deep Sea Foreign Transportation Of Freight Industry

16th out of 25 stocks


FRO stock logo

About Frontline Stock (NYSE:FRO)

Frontline plc, a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2022, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Limassol, Cyprus.

FRO Stock Price History

FRO Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Frontline offloads five oldest VLCCs
Frontline: Still A Buy At The High Price
Frontline: Trading At Large Premium To Fleet Value
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
What 5 Analyst Ratings Have To Say About Frontline
Frontline: Top 2024 Long Position
Euronav Saga Ends With Fireworks For Frontline
See More Headlines
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Company Calendar

Last Earnings
11/29/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Today
2/26/2024
Next Earnings (Confirmed)
2/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G3682E12
Employees
78
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$23.67
High Stock Price Target
$26.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+2.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$475.54 million
Pretax Margin
40.04%

Debt

Sales & Book Value

Annual Sales
$1.92 billion
Cash Flow
$2.27 per share
Book Value
$10.15 per share

Miscellaneous

Free Float
115,586,000
Market Cap
$5.16 billion
Optionable
Optionable
Beta
0.09

Social Links

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FRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Frontline stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRO, but not buy additional shares or sell existing shares.
View FRO analyst ratings
or view top-rated stocks.

What is Frontline's stock price target for 2024?

3 Wall Street research analysts have issued 1-year target prices for Frontline's stock. Their FRO share price targets range from $22.00 to $26.00. On average, they predict the company's share price to reach $23.67 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for FRO
or view top-rated stocks among Wall Street analysts.

How have FRO shares performed in 2024?

Frontline's stock was trading at $20.05 on January 1st, 2024. Since then, FRO shares have increased by 15.6% and is now trading at $23.17.
View the best growth stocks for 2024 here
.

Are investors shorting Frontline?

Frontline saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 6,140,000 shares, an increase of 22.8% from the January 15th total of 5,000,000 shares. Based on an average daily trading volume, of 2,780,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 4.3% of the shares of the company are sold short.
View Frontline's Short Interest
.

When is Frontline's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 29th 2024.
View our FRO earnings forecast
.

How can I listen to Frontline's earnings call?

Frontline will be holding an earnings conference call on Thursday, February 29th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Frontline's earnings last quarter?

Frontline plc (NYSE:FRO) issued its quarterly earnings results on Wednesday, November, 29th. The shipping company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.10. The shipping company had revenue of $232.03 million for the quarter, compared to analysts' expectations of $297.94 million. Frontline had a net margin of 40.09% and a trailing twelve-month return on equity of 31.08%. During the same period last year, the company posted $0.37 earnings per share.

How often does Frontline pay dividends? What is the dividend yield for Frontline?

Frontline announced a quarterly dividend on Wednesday, November 29th. Investors of record on Friday, December 15th will be paid a dividend of $0.30 per share on Friday, December 29th. This represents a $1.20 annualized dividend and a dividend yield of 5.18%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for FRO
.

Is Frontline a good dividend stock?

Frontline (NYSE:FRO) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.20%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 34.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRO will have a dividend payout ratio of 38.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRO.

What ETFs hold Frontline's stock?

ETFs with the largest weight of Frontline (NYSE:FRO) stock in their portfolio include SonicShares Global Shipping ETF (BOAT) and Invesco Oil & Gas Services ETF (PXJ).Global X MSCI Norway ETF (NORW).

What other stocks do shareholders of Frontline own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Frontline investors own include AT&T (T), DHT (DHT), Energy Transfer (ET), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Pfizer (PFE), Annaly Capital Management (NLY), Beazer Homes USA (BZH), Ford Motor (F) and Wells Fargo & Company (WFC).

Who are Frontline's major shareholders?

Frontline's stock is owned by a variety of institutional and retail investors. Top institutional investors include Barclays PLC (0.98%), M&G Investment Management Ltd. (0.63%), Forest Avenue Capital Management LP (0.48%), Voloridge Investment Management LLC (0.37%), Goldman Sachs Group Inc. (0.32%) and Hsbc Holdings PLC (0.31%).

How do I buy shares of Frontline?

Shares of FRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FRO) was last updated on 2/27/2024 by MarketBeat.com Staff