Frontline Company Profile (NYSE:FRO)

About Frontline

Frontline logoFrontline 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
Key Metrics:
  • Previous Close: $8.12
  • 50 Day Moving Average: $8.07
  • 200 Day Moving Average: $8.30
  • 52-Week Range: $7.21 - $17.05
  • Trailing P/E Ratio: 4.75
  • Foreward P/E Ratio: 8.92
  • P/E Growth: 1.21
  • Market Cap: $1.27B
  • Outstanding Shares: 156,386,000
  • Beta: 2.67
Additional Links:
Companies Related to Frontline:

Analyst Ratings

Consensus Ratings for Frontline (NYSE:FRO) (?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $12.75 (57.02% upside)

Analysts' Ratings History for Frontline (NYSE:FRO)
Show:
DateFirmActionRatingPrice TargetDetails
8/26/2016Morgan StanleyReiterated RatingEqual Weight$10.00 -> $7.00View Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyView Rating Details
5/31/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details
5/4/2016Seaport Global SecuritiesInitiated CoverageBuy -> Neutral$23.00 -> $9.00View Rating Details
1/14/2016Nordea Equity ResearchUpgradeHold -> BuyView Rating Details
1/13/2016DNB MarketsUpgradeHold -> BuyView Rating Details
1/4/2016Deutsche Bank AGReiterated RatingHold$10.00 -> $15.00View Rating Details
6/1/2015Evercore ISIUpgradeSell -> Hold$10.00 -> $15.00View Rating Details
(Data available from 8/31/2014 forward)

Earnings

Earnings History for Frontline (NYSE:FRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/31/2016Q216$0.27$167.62 millionN/AView Earnings Details
5/31/2016Q116$0.31$0.50$123.56 millionViewListenView Earnings Details
2/29/2016Q415$0.59$0.37$192.22 million$154.00 millionViewListenView Earnings Details
11/24/2015Q315$0.08$0.09$92.32 millionViewListenView Earnings Details
8/26/2015Q215$0.24$0.11$95.20 millionViewListenView Earnings Details
5/29/2015Q115$0.18$0.25ViewListenView Earnings Details
2/26/2015Q414($0.04)($0.12)$82.73 millionViewN/AView Earnings Details
11/25/2014Q314($0.20)($0.15)$62.36 million$135.60 millionViewN/AView Earnings Details
8/28/2014Q214($0.27)($0.23)$48.89 millionViewN/AView Earnings Details
5/27/2014Q114($0.01)($0.13)$78.66 millionViewN/AView Earnings Details
2/27/2014Q413($0.19)($0.15)$68.01 millionViewN/AView Earnings Details
11/29/2013Q3($0.47)($0.46)$47.76 million$51.30 millionViewListenView Earnings Details
8/28/2013Q213($0.50)($1.54)$47.64 million$121.20 millionViewN/AView Earnings Details
5/30/2013Q113($0.50)($0.24)$69.40 million$125.90 millionViewN/AView Earnings Details
2/22/2013Q412($0.54)($0.21)$66.51 millionViewN/AView Earnings Details
11/29/2012-0.63($0.63)$67.95 millionViewN/AView Earnings Details
8/29/2012($0.07)($0.05)ViewN/AView Earnings Details
11/22/2011($0.69)($0.57)ViewN/AView Earnings Details
8/26/2011($0.38)($0.45)ViewN/AView Earnings Details
5/25/2011($0.16)$0.20ViewN/AView Earnings Details
2/22/2011($0.06)($0.17)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Frontline (NYSE:FRO)
Current Year EPS Consensus Estimate: $1.34 EPS
Next Year EPS Consensus Estimate: $0.91 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.41$0.41$0.41
Q2 20161$0.24$0.24$0.24
Q3 20161$0.09$0.09$0.09
Q4 20161$0.19$0.19$0.19
Q1 20171$0.22$0.22$0.22
Q2 20171$0.25$0.25$0.25
Q3 20171$0.27$0.27$0.27
Q4 20171$0.28$0.28$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Frontline (NYSE:FRO)
Annual Dividend:$1.60
Dividend Yield:19.70%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:119.40% (Based on Current Year Consensus EPS Estimate)
175.82% (Based on Next Year Consensus EPS Estimate)

Dividend History for Frontline (NYSE:FRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/2/2016quarterly$0.4017.78%6/9/20166/13/20166/20/2016
3/2/2016special$0.353/9/20163/11/20163/18/2016
12/4/2015quarterly$0.056.43%12/16/201512/18/201512/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Frontline (NYSE:FRO)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Frontline (NYSE:FRO)
DateHeadline
News IconShares Gapping Down Pre-Market: Frontline Ltd. (NYSE:FRO) - Post News (NYSE:FRO)
www.kentuckypostnews.com - August 30 at 5:09 PM
News IconIs it Time to Buy Frontline Ltd. (NYSE:FRO)? Crowd & Analysts Weigh in - Post News (NYSE:FRO)
www.kentuckypostnews.com - August 30 at 8:11 AM
News IconPrice Target Estimates Under Analyst's Radar: Frontline Ltd. (NYSE ... - Post Registrar (NYSE:FRO)
postregistrar.com - August 30 at 8:11 AM
4-traders.com logoFrontline Ltd. : half-yearly earnings release (NYSE:FRO)
www.4-traders.com - August 26 at 4:57 PM
News IconNotable Stocks on the Run: SolarCity Corp (NASDAQ:SCTY), Frontline Ltd. (NYSE:FRO) - NYSE Journal (press release) (NYSE:FRO)
stockznews.com - August 25 at 5:07 PM
News IconDividend Stock With Potential Upside in Focus: Frontline Ltd. (NYSE:FRO) - Post News (NYSE:FRO)
www.kentuckypostnews.com - August 24 at 5:01 PM
capitalcube.com logoETF’s with exposure to Frontline Ltd. : August 23, 2016 (NYSE:FRO)
www.capitalcube.com - August 23 at 5:15 PM
News IconRecap on Dividend Stock With Possible Upside: Frontline Ltd. (NYSE:FRO) - Post News (NYSE:FRO)
www.kentuckypostnews.com - August 19 at 5:01 PM
News IconStock Gapping Down Pre-Bell: Frontline Ltd. (NYSE:FRO) - Post News (NYSE:FRO)
www.kentuckypostnews.com - August 19 at 5:01 PM
realistinvestor.com logoAnalysts See Frontline Ltd. (NYSE:FRO) Reporting EPS Of $0.25 - RealistInvestor.com (NYSE:FRO)
www.realistinvestor.com - August 19 at 5:01 PM
globenewswire.com logoFRO - Notice of Annual General Meeting 2016 (NYSE:FRO)
globenewswire.com - August 19 at 5:01 PM
4-traders.com logoFrontline : FRO - Notice of Annual General Meeting 2016 (NYSE:FRO)
www.4-traders.com - August 19 at 5:01 PM
realistinvestor.com logoAnalysts See Frontline Ltd. (NYSE:FRO) Reporting EPS Of $0.25 (NYSE:FRO)
www.realistinvestor.com - August 19 at 5:01 PM
seekingalpha.com logoFredrik Followers Favor High Yield Dividend Payers: NNA, WPZ, & FRO Tops For August (NYSE:FRO)
seekingalpha.com - August 19 at 8:01 AM
capitalcube.com logoFrontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : August 12, 2016 (NYSE:FRO)
www.capitalcube.com - August 12 at 5:09 PM
News IconFormer Liberal frontbencher Sophie Mirabella goes to work for Gina Rinehart (NYSE:FRO)
www.southcoastregister.com.au - August 12 at 8:06 AM
benzinga.com logo6 Stocks Moving On Alibaba's Q1 Beat (NYSE:FRO)
www.benzinga.com - August 11 at 5:19 PM
capitalcube.com logoETF’s with exposure to Frontline Ltd. : August 11, 2016 (NYSE:FRO)
www.capitalcube.com - August 11 at 5:19 PM
ft.com logoCruise Ship Building Boom a Boon for Germany’s Shipbuilding Industry (NYSE:FRO)
skift.com - August 7 at 4:53 PM
marketrealist.com logoWeek 30: Baltic Dirty Tanker Index Shows Bad Week for Investors (NYSE:FRO)
marketrealist.com - August 4 at 5:26 PM
bloomberg.com logoCruise Ships a Beacon for Germany’s KfW in Dire Shipping Market (NYSE:FRO)
washpost.bloomberg.com - August 3 at 8:02 AM
News IconAccel Frontline: Outcome of board meeting (NYSE:FRO)
www.moneycontrol.com - August 2 at 9:54 AM
News IconTermination of Suezmax JVs Affects Euronav’s Profits (NYSE:FRO)
worldmaritimenews.com - July 28 at 3:51 PM
News IconARUN CURRICULUM VITAE (NYSE:FRO)
www.slideshare.net - July 28 at 5:16 AM
prnewswire.com logoCrude Oil Carriers Market, by Vessel Type - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024 (NYSE:FRO)
www.prnewswire.com - July 27 at 10:48 PM
forbes.com logoThe Fed Is Preparing For Negative Rates -- Here's The Sign Everyone Missed (NYSE:FRO)
www.forbes.com - July 26 at 6:58 PM
tradecalls.org logoFrontline Ltd. (FRO) Shares are Up 4.2% – Trade Calls - Trade Calls (NYSE:FRO)
www.tradecalls.org - July 26 at 5:40 AM
ftsenews.co.uk logoFrontline Ltd. (NYSE:FRO) Updated Price Targets - FTSE News (NYSE:FRO)
www.ftsenews.co.uk - July 22 at 4:59 PM
News IconStock Gapping Down Pre-market: Frontline Ltd. (NYSE:FRO) - TGP (NYSE:FRO)
telanaganapress.com - July 22 at 4:59 PM
News IconFrontline Ltd. (NYSE:FRO): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:FRO)
www.engelwooddaily.com - July 22 at 4:59 PM
capitalcube.com logoFrontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : July 22, 2016 (NYSE:FRO)
www.capitalcube.com - July 22 at 8:07 AM
News IconBetter Buy: Textainer Group Holdings Limited vs. Frontline Ltd. - Madison.com (NYSE:FRO)
host.madison.com - July 22 at 5:26 AM
fool.com logoBetter Buy: Textainer Group Holdings Limited vs. Frontline Ltd. (NYSE:FRO)
www.fool.com - July 21 at 11:21 PM
News IconInstitutions Decreasing Their Positions in Frontline Ltd. (NYSE:FRO) - Engelwood Daily (NYSE:FRO)
www.engelwooddaily.com - July 21 at 10:36 PM
News IconWill Investors Find Any Relief with Frontline Ltd. (NYSE:FRO) - TGP (NYSE:FRO)
telanaganapress.com - July 21 at 10:36 PM
fool.com logoBetter Buy: Textainer Group Holdings Limited vs. Frontline Ltd. - Motley Fool (NYSE:FRO)
www.fool.com - July 21 at 10:36 PM
seekingalpha.com logoLow-Risk Speculative Opportunity In Frontline Shipping: 18-25% Upside (NYSE:FRO)
seekingalpha.com - July 21 at 5:15 PM
News IconEquity Roundup: Stock Performance Focus on Frontline Ltd. (NYSE:FRO) - Press Telegraph (NYSE:FRO)
presstelegraph.com - July 21 at 8:39 AM
News IconFrontline Ltd. Stock Faces Higher Risks Forward After Forming Bearish Multiple Bottom Pattern - Press Telegraph (NYSE:FRO)
presstelegraph.com - July 21 at 8:39 AM
News IconHot Stock seeking Investors: Frontline Ltd. (NYSE:FRO) - News Oracle (NYSE:FRO)
www.newsoracle.com - July 21 at 8:39 AM
seekingalpha.com logoLow-Risk Speculative Opportunity In Frontline Shipping: 18-25% Upside - Seeking Alpha (NYSE:FRO)
seekingalpha.com - July 21 at 8:39 AM
seekingalpha.com logoFrontline: The First Favorite Among Fredrik Followers For July Dog Days (NYSE:FRO)
seekingalpha.com - July 19 at 11:12 AM
News IconFrontline Ltd. (NYSE:FRO) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:FRO)
www.engelwooddaily.com - July 15 at 4:07 PM
news.cmlviz.com logoFrontline Ltd. versus Teekay LNG Partners LP. Head to Head Compare - CML News (NYSE:FRO)
news.cmlviz.com - July 15 at 4:07 PM
finance.yahoo.com logo4 Growth Dividend Stocks While Markets Choose Direction (NYSE:FRO)
finance.yahoo.com - July 15 at 11:33 AM
News IconFrontline Limited (NYSE:FRO) Sellers Covered 8.5% of Their Shorts - Consumer Eagle (NYSE:FRO)
www.consumereagle.com - July 15 at 5:28 AM
tradecalls.org logoFrontline Ltd. (FRO): Price Target and June Short Interest Disclosure - Trade Calls (NYSE:FRO)
www.tradecalls.org - July 15 at 5:28 AM
News IconTrading Performance and Target Watch for Frontline Ltd. (NYSE:FRO) - Press Telegraph (NYSE:FRO)
presstelegraph.com - July 14 at 8:25 AM
stockhouse.com logoFRO - 2016 Annual General Meeting (NYSE:FRO)
www.stockhouse.com - July 13 at 5:25 PM
4-traders.com logoFrontline : FRO - 2016 Annual General Meeting (NYSE:FRO)
www.4-traders.com - July 13 at 5:25 PM

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Frontline (NYSE:FRO) Chart for Wednesday, August, 31, 2016


Last Updated on 8/31/2016 by MarketBeat.com Staff