Frontline Ltd. is a shipping company. The Company is engaged in the seaborne transportation of crude oil and oil products. The Company operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. The Company operates through subsidiaries and partnerships located in Bermuda, India, the Philippines, Liberia, Norway, the United Kingdom and Singapore. It is also involved in the charter, purchase and sale of vessels. Its fleet consists of approximately 90 vessels, including newbuildings, with an aggregate capacity of approximately 15 million deadweight ton (dwt). It owns various vessel owning and operating subsidiaries. Its operations take place outside of the United States. Its very large crude carriers (VLCCs) are designed for the transportation of crude oil and, due to their size, are primarily used to transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean and the Louisiana Offshore Oil Port (LOOP).
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Shipping
- Sub-Industry: Oil & Gas Storage & Transportation
- Exchange: NYSE
- Symbol: FRO
- CUSIP: G3682E12
- Previous Close: $6.76
- 50 Day Moving Average: $7.02
- 200 Day Moving Average: $7.37
- 52-Week Range: $156,386,000.00 - $6.66
- Trailing P/E Ratio: 6.44
- Foreward P/E Ratio: 28.17
- P/E Growth: 0.61
- Market Cap: $1.06B
- Outstanding Shares: 156,386,000
- Beta: 2.36
- Net Margins: 21.54%
- Return on Equity: 13.92%
- Return on Assets: 6.80%
Companies Related to Frontline:
- Debt-to-Equity Ratio: 0.95%
- Current Ratio: 1.48%
- Quick Ratio: 1.48%
What is Frontline's stock symbol?
Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO."
How often does Frontline pay dividends? What is the dividend yield for Frontline?
Frontline announced a quarterly dividend on Wednesday, November 30th. Stockholders of record on Thursday, December 15th will be paid a dividend of $0.10 per share on Thursday, December 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date is Tuesday, December 13th.
Where is Frontline's stock going? Where will Frontline's stock price be in 2017?
5 equities research analysts have issued 12 month price targets for Frontline's shares. Their predictions range from $7.00 to $9.00. On average, they expect Frontline's share price to reach $8.00 in the next year.
Who owns Frontline stock?
Frontline's stock is owned by a number of of institutional and retail investors. Top institutional investors include Hemen Holding Limited (48.38%), Evermore Global Advisors LLC (0.91%), State Street Corp (0.63%), Russell Investments Group Ltd. (0.30%), Cipher Capital LP (0.24%) and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.13%).
Who sold Frontline stock? Who is selling Frontline stock?
Frontline's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG and Horizon Kinetics LLC.
Who bought Frontline stock? Who is buying Frontline stock?
Frontline's stock was acquired by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Russell Investments Group Ltd., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Cipher Capital LP, Guggenheim Capital LLC, State Street Corp and Boothbay Fund Management LLC.
How do I buy Frontline stock?
Shares of Frontline can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Frontline stock cost?
One share of Frontline stock can currently be purchased for approximately $6.76.