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: $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
Profitability:
  • Net Margins: 21.54%
  • Return on Equity: 13.92%
  • Return on Assets: 6.80%
Debt:
  • Debt-to-Equity Ratio: 0.95%
  • Current Ratio: 1.48%
  • Quick Ratio: 1.48%
Additional Links:
Companies Related to Frontline:

Analyst Ratings

Consensus Ratings for Frontline (NYSE:FRO) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $8.00 (18.34% upside)

Analysts' Ratings History for Frontline (NYSE:FRO)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017Credit Suisse GroupReiterated RatingNeutralView Rating Details
9/27/2016Wells Fargo & CoReiterated RatingHoldView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$10.00 -> $7.00View Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyView 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 2/27/2015 forward)

Earnings

Earnings History for Frontline (NYSE:FRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.12$134.68 millionN/AView Earnings Details
11/29/2016Q316$0.05$0.11$119.38 millionViewN/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: $0.95 EPS
Next Year EPS Consensus Estimate: $0.24 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($0.03)($0.03)($0.03)
Q4 20161$0.06$0.06$0.06
Q1 20171$0.11$0.11$0.11
Q2 20171($0.04)($0.04)($0.04)
Q3 20171($0.06)($0.06)($0.06)
Q4 20171$0.03$0.03$0.03
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Frontline (NYSE:FRO)
Annual Dividend:$0.40
Dividend Yield:5.92%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:42.11% (Based on Current Year Consensus EPS Estimate)
166.67% (Based on Next Year Consensus EPS Estimate)

Dividend History for Frontline (NYSE:FRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/30/2016Quarterly$0.105.68%12/13/201612/15/201612/22/2016
9/1/2016quarterly$0.2011.19%9/8/20169/12/20169/19/2016
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
4-traders.com logoGlobal Ship Lease : Technical Reports on Shipping Equities -- Teekay Tankers, Diana Containerships, Frontline, and Global Ship Lease (NYSE:FRO)
www.4-traders.com - February 24 at 11:11 AM
bizjournals.com logoTechnical Reports on Shipping Equities -- Teekay Tankers, Diana Containerships, Frontline, and Global Ship Lease (NYSE:FRO)
www.bizjournals.com - February 24 at 11:11 AM
News IconMoulded Fibre Pulp Packaging Market will Increase at a CAGR of 5.8% during 2016–2026 (NYSE:FRO)
reports.pr-inside.com - February 22 at 5:33 PM
News IconFrontline Ltd. (NYSE:FRO) Earnings At A Glance: Consensus Projections in Spotlight - Winfield Review (NYSE:FRO)
winfieldreview.com - February 22 at 10:58 AM
News IconRupa Frontline launches new campaign, hails Ranveer as 'Aankh Ka Taara' (NYSE:FRO)
www.prlog.org - February 20 at 11:10 AM
News IconFrontline Ltd. (NYSE:FRO) EPS Predicted At $0.06 - Transcript Daily (NYSE:FRO)
transcriptdaily.com - February 19 at 4:47 PM
News IconStock Focus: Checking Levels on Frontline Ltd. (FRO) - BVN (NYSE:FRO)
bvnewsjournal.com - February 14 at 6:22 PM
forbes.com logoThe U.S. Has Never Had A Tax On Exports (NYSE:FRO)
www.forbes.com - February 13 at 11:25 AM
News IconFrontline and DHT continue takeover spat (NYSE:FRO)
www.marineyellowpages.com - February 10 at 5:52 PM
News IconFrontline responds to DHT deal rejection (NYSE:FRO)
www.royalgazette.com - February 10 at 5:52 PM
us.rd.yahoo.com logo9:07 am Frontline responds to DHT's (DHT (NYSE:FRO)
us.rd.yahoo.com - February 9 at 10:57 PM
News IconFrontline Ltd. (NYSE:FRO) Equity Price Target Fixed At $7.25 - Transcript Daily (NYSE:FRO)
transcriptdaily.com - February 9 at 5:54 PM
seekingalpha.com logoFrontline updates on DHT Holdings pursuit - Seeking Alpha (NYSE:FRO)
seekingalpha.com - February 9 at 5:54 PM
News IconStrained shippers eyeing mergers (NYSE:FRO)
www.royalgazette.com - February 9 at 3:51 AM
News IconDHT Holdings rejected the acquisition proposal of Frontline - Maritime Herald (NYSE:FRO)
www.maritimeherald.com - February 8 at 5:50 PM
News IconDHT Rejects Frontline Bid (NYSE:FRO)
www.marinelink.com - February 6 at 11:17 AM
seekingalpha.com logoDHT rejects takeover bid by Frontline (NYSE:FRO)
seekingalpha.com - February 6 at 3:42 AM
us.rd.yahoo.com logo[$$] Fredriksen vows to stay on to 'see through' shipping rescue (NYSE:FRO)
us.rd.yahoo.com - February 5 at 10:06 PM
streetinsider.com logoDHT Holdings Board Unanimously Rejects Unsolicited Proposal from Frontline Ltd. (NYSE:FRO)
www.streetinsider.com - February 5 at 5:05 PM
ft.com logo[$$] Fredriksen vows to stay on to see through shipping rescue (NYSE:FRO)
www.ft.com - February 5 at 5:05 PM
News IconFrontline Ltd. (FRO)’s Stock Is Buy After Forming Bullish Descending Triangle Chart Pattern (NYSE:FRO)
randolphguide.com - February 2 at 5:50 PM
News IconEarnings Forecast Research on Frontline Ltd. (FRO) - Morning Outlook - Morning Outlook (NYSE:FRO)
www.morningoutlook.com - February 2 at 4:00 AM
News IconWhat Analysts Report Shows About Frontline Ltd. (NYSE:FRO)? - Transcript Daily (NYSE:FRO)
transcriptdaily.com - February 2 at 4:00 AM
News IconPerformance Update for Frontline Ltd. (NYSE:FRO) - The Newburgh Press (NYSE:FRO)
newburghpress.com - February 2 at 4:00 AM
capitalcube.com logoFrontline Ltd. : FRO-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : February 1, 2017 (NYSE:FRO)
www.capitalcube.com - February 1 at 5:56 PM
News IconThe DHT Holdings, Inc (NYSE:FRO)
mundoaguaysaneamiento.net - January 31 at 2:28 AM
News IconDHT Holdings, Inc. (DHT) Given New $5.00 Price Target at Stifel Nicolaus (NYSE:FRO)
vgtoday.net - January 31 at 2:28 AM
News IconFrontline Ltd. (NYSE:FRO) Stock current Trends Analysis (NYSE:FRO)
diy-home-garden.com - January 31 at 2:28 AM
News IconFredriksen’s Frontline Launches Offer for DHT Holdings (NYSE:FRO)
gcaptain.com - January 30 at 4:26 PM
wsj.com logoOil Tanker Owner Frontline Makes Hostile Bid for Rival DHT (NYSE:FRO)
www.wsj.com - January 30 at 4:26 PM
wsj.com logo[$$] Frontline Makes Hostile Bid for Rival DHT (NYSE:FRO)
us.rd.yahoo.com - January 30 at 4:26 PM
News IconFrontline plans to acquire all outstanding shares of common stock of DHT (NYSE:FRO)
en.portnews.ru - January 30 at 11:59 AM
News IconFrontline Proposes DHT Takeover (NYSE:FRO)
www.marinelink.com - January 30 at 11:59 AM
finance.yahoo.com logo4:10 am Frontline confirms discussions with DHT Holdings (DHT (NYSE:FRO)
finance.yahoo.com - January 30 at 11:58 AM
seekingalpha.com logoFrontline proposes combination with DHT (NYSE:FRO)
seekingalpha.com - January 30 at 8:36 AM
feeds.reuters.com logoFrontline must raise bid to overcome DHT poison pill, analysts say (NYSE:FRO)
feeds.reuters.com - January 30 at 7:25 AM
feeds.reuters.com logoBRIEF-Frontline bids for DHT, aims to make largest listed tanker firm (NYSE:FRO)
feeds.reuters.com - January 30 at 3:57 AM
feeds.reuters.com logoBRIEF-DHT Holdings recieves offer from Frontline to acquire all of its outstanding shares (NYSE:FRO)
feeds.reuters.com - January 29 at 7:14 PM
News IconFrontline Ltd. (NYSE:FRO) Stock Price Target Given At $7.25 - Transcript Daily (NYSE:FRO)
transcriptdaily.com - January 28 at 5:27 PM
News IconTechnical Roundup on Shares of Frontline Ltd. (FRO) - Rives Journal (NYSE:FRO)
rivesjournal.com - January 28 at 5:27 PM
News IconEarnings in Full Force, Analysts Take Aim at Frontline Ltd. (NYSE:FRO) - Wall Street Beacon (NYSE:FRO)
wsbeacon.com - January 28 at 5:27 PM
News IconAnalysts Sentiment on Frontline Ltd. (FRO) – Hignland Mirror - Highland Mirror (NYSE:FRO)
www.highlandmirror.com - January 26 at 3:25 PM
News IconFrontline Ltd. (NYSE:FRO) EPS Forecast Given As $0.1067 - Transcript Daily (NYSE:FRO)
transcriptdaily.com - January 26 at 4:51 AM
News IconAre Firms & Funds Cutting Back Their Holdings in Frontline Ltd. (NYSE:FRO) - Wall Street Beacon (NYSE:FRO)
wsbeacon.com - January 26 at 4:51 AM
News IconFrontline Ltd. (NYSE:FRO) Price Target Expected At $7.25 - Transcript Daily (NYSE:FRO)
transcriptdaily.com - January 24 at 5:56 PM
News IconFrontline Ltd. (NYSE:FRO) Quarterly EPS Projection At $0.08 - Stock Observer (NYSE:FRO)
www.thestockobserver.com - January 24 at 5:56 PM
marketrealist.com logoIs China’s Economic Health Supporting the Crude Tanker Industry? (NYSE:FRO)
marketrealist.com - January 23 at 5:39 PM
News IconEPS Projection Of Frontline Ltd. (NYSE:FRO) At $ 0.1067EPS ... - Transcript Daily (NYSE:FRO)
transcriptdaily.com - January 22 at 3:17 AM
News IconFrontline Ltd. (NYSE:FRO) Insider Ownership stands at 33.8 ... - The Newburgh Press (NYSE:FRO)
newburghpress.com - January 20 at 5:02 AM
capitalcube.com logoETFs with exposure to Frontline Ltd. : January 19, 2017 (NYSE:FRO)
www.capitalcube.com - January 19 at 6:59 PM

Social

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.

Frontline (NYSE:FRO) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Frontline (NYSE:FRO)

Earnings History Chart

Earnings by Quarter for Frontline (NYSE:FRO)

Dividend History Chart

Dividend Payments by Quarter for Frontline (NYSE:FRO)

Last Updated on 2/27/2017 by MarketBeat.com Staff