NYSE:FRO Frontline (FRO) Stock Forecast, Price & News $18.00 +0.12 (+0.67%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$17.91▼$18.4250-Day Range$14.82▼$18.5152-Week Range$10.10▼$19.29Volume2.50 million shsAverage Volume2.60 million shsMarket Capitalization$4.01 billionP/E Ratio4.85Dividend Yield17.78%Price Target$18.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Frontline MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.0% Upside$18.00 Price TargetShort InterestHealthy2.78% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-6.81%From $2.79 to $2.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.89 out of 5 starsTransportation Sector89th out of 110 stocksDeep Sea Foreign Transportation Of Freight Industry20th out of 25 stocks 1.0 Analyst's Opinion Consensus RatingFrontline has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.00, Frontline has a forecasted upside of 0.0% from its current price of $18.00.Amount of Analyst CoverageFrontline has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.78% of the float of Frontline has been sold short.Short Interest Ratio / Days to CoverFrontline has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Frontline has recently decreased by 13.10%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipFrontline is a leading dividend payer. It pays a dividend yield of 18.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFrontline has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Frontline is 86.25%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Frontline will have a dividend payout ratio of 123.08% in the coming year. This indicates that Frontline may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRO. Previous Next 3.2 News and Social Media Coverage News SentimentFrontline has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 1 news article for Frontline this week, compared to 1 article on an average week.Search Interest31 people have searched for FRO on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.MarketBeat Follows29 people have added Frontline to their MarketBeat watchlist in the last 30 days. This is an increase of 625% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Frontline insiders have not sold or bought any company stock.Percentage Held by Insiders48.08% of the stock of Frontline is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 25.66% of the stock of Frontline is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Frontline are expected to decrease by -6.81% in the coming year, from $2.79 to $2.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Frontline is 4.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Frontline is 4.85, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.27.Price to Book Value per Share RatioFrontline has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Frontline (NYSE:FRO) StockFrontline 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.Read More FRO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FRO Stock News HeadlinesSeptember 21, 2023 | finance.yahoo.comFrontline Plc (FRO): An In-depth Analysis of Its Fair ValuationSeptember 10, 2023 | finance.yahoo.comFrontline plc (NYSE:FRO) Looks Like A Good Stock, And It's Going Ex-Dividend SoonSeptember 23, 2023 | MarketBeat Internal (Ad)MarketBeat's Top 5 Stock Picks - Just ReleasedMarketBeat has just released five new trading ideas to All Access subscribers, but Tesla, Apple, and Netflix didn't make the cut. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. Now, MarketBeat thinks these five stocks may be even better buys. September 8, 2023 | finance.yahoo.comUnveiling Frontline Plc (FRO)'s Value: Is It Really Priced Right? A Comprehensive GuideAugust 29, 2023 | finance.yahoo.comFrontline (NYSE:FRO) Will Pay A Larger Dividend Than Last Year At $0.80August 28, 2023 | seekingalpha.comFrontline plc: Big Question Is How Winter Will Play Out This YearAugust 27, 2023 | seekingalpha.comFrontline: Sailing Ahead Of The PackAugust 26, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Frontline (NYSE:FRO) Presents An OpportunitySeptember 23, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.August 25, 2023 | msn.comDeutsche Bank Downgrades Frontline (FRO)August 25, 2023 | finance.yahoo.comFrontline Ltd. (NYSE:FRO) Q2 2023 Earnings Call TranscriptAugust 25, 2023 | finance.yahoo.com4 big analyst cuts: Frontline, Digital Realty cut to Hold at Deutsche BankAugust 24, 2023 | msn.comJefferies Reiterates Frontline (FRO) Hold RecommendationAugust 24, 2023 | msn.comFrontline Excels Q2 Estimates, CEO Says Oil Demand 'Largely Unaffected' From Price CutsJuly 14, 2023 | seekingalpha.comFrontline Gets An Upgrade To BuyJuly 12, 2023 | finance.yahoo.comDoes Frontline plc (NYSE:FRO) Create Value For Shareholders?June 30, 2023 | msn.comDeutsche Bank Upgrades Frontline (FRO)June 27, 2023 | incomeinvestors.comFrontline Stock: Undervalued 18.4%-Yielder Has 123% Upside PotentialJune 10, 2023 | finance.yahoo.comBe Sure To Check Out Frontline plc (NYSE:FRO) Before It Goes Ex-DividendJune 3, 2023 | finance.yahoo.comNeed To Know: Analysts Are Much More Bullish On Frontline plc (NYSE:FRO) RevenuesJune 2, 2023 | seekingalpha.comFrontline: China Is Helping, But Will It Last?May 31, 2023 | seekingalpha.comFrontline plc 2023 Q1 - Results - Earnings Call PresentationMay 31, 2023 | msn.comFrontline beats Q1 top and bottom line estimates; initiates Q2 outlookMay 18, 2023 | finance.yahoo.comInstitutional investors own a significant stake of 37% in Frontline plc (NYSE:FRO)May 9, 2023 | msn.comFrontline best-in-class but hurt by VLCC exposure, Jefferies says in downgradeMay 9, 2023 | markets.businessinsider.comAnalyst Ratings for FrontlineApril 30, 2023 | finance.yahoo.comFrontline Full Year 2022 Earnings: EPS Beats Expectations, Revenues LagSee More Headlines Receive FRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Frontline and its competitors with MarketBeat's FREE daily newsletter. Email Address FRO Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings8/23/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/23/2023Dividend Payable9/29/2023Next Earnings (Estimated)11/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:FRO CUSIPG3682E12 CIK913290 Webwww.frontline.bm Phone(572) 558-8767Fax441-295-3494Employees78Year Founded1985Price Target and Rating Average Stock Price Forecast$18.00 High Stock Price Forecast$20.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+0.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.71 Trailing P/E Ratio4.85 Forward P/E Ratio6.45 P/E GrowthN/ANet Income$475.54 million Net Margins42.38% Pretax Margin42.44% Return on Equity31.87% Return on Assets14.98% Debt Debt-to-Equity Ratio0.84 Current Ratio1.92 Quick Ratio1.92 Sales & Book Value Annual Sales$1.43 billion Price / Sales2.80 Cash Flow$2.33 per share Price / Cash Flow7.72 Book Value$10.15 per share Price / Book1.77Miscellaneous Outstanding Shares222,620,000Free Float115,586,000Market Cap$4.01 billion OptionableOptionable Beta0.24 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Lars H. Barstad (Age 52)Chief Exec. Officer of Frontline Management AS Comp: $1.22MMs. Inger Marie Klemp (Age 59)Chief Financial Officer of Frontline Management AS Marios SaveriadesSec.Key CompetitorsScorpio TankersNYSE:STNGSFLNYSE:SFLTORMNASDAQ:TRMDStar Bulk CarriersNASDAQ:SBLKDHTNYSE:DHTView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 3,000 shares on 8/23/2023Ownership: 0.000%CTC Alternative Strategies Ltd.Bought 11,100 shares on 8/23/2023Ownership: 0.005%Osaic Holdings Inc.Sold 3,420 shares on 8/21/2023Ownership: 0.019%Neo Ivy Capital ManagementBought 2,676 shares on 8/16/2023Ownership: 0.001%Quarry LPBought 3,104 shares on 8/15/2023Ownership: 0.001%View All Institutional Transactions FRO Stock - Frequently Asked Questions Should I buy or sell Frontline stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 3 brokerages have issued twelve-month price objectives for Frontline's stock. Their FRO share price forecasts range from $17.00 to $20.00. On average, they expect the company's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 0.0% 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 2023? Frontline's stock was trading at $12.14 at the beginning of the year. Since then, FRO shares have increased by 48.2% and is now trading at $17.9950. View the best growth stocks for 2023 here. Are investors shorting Frontline? Frontline saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 3,980,000 shares, a drop of 13.1% from the August 15th total of 4,580,000 shares. Based on an average trading volume of 2,720,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.8% 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 Wednesday, November 29th 2023. View our FRO earnings forecast. How were Frontline's earnings last quarter? Frontline plc (NYSE:FRO) released its quarterly earnings results on Wednesday, August, 23rd. The shipping company reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.10. The shipping company earned $522.15 million during the quarter, compared to analysts' expectations of $353.46 million. Frontline had a trailing twelve-month return on equity of 31.87% and a net margin of 42.38%. During the same quarter last year, the business posted $0.21 EPS. How often does Frontline pay dividends? What is the dividend yield for Frontline? Frontline declared a quarterly dividend on Wednesday, August 23rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.80 per share on Friday, September 29th. This represents a $3.20 annualized dividend and a dividend yield of 17.78%. The ex-dividend date is Thursday, September 14th. This is a positive change from the stock's previous quarterly dividend of $0.70. 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). Is Frontline a good dividend stock? Frontline (NYSE:FRO) pays an annual dividend of $3.20 per share and currently has a dividend yield of 18.44%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 86.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FRO will have a dividend payout ratio of 123.08% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for FRO. 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). What is Frontline's stock symbol? Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO." Who are Frontline's major shareholders? Frontline's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Barclays PLC (1.72%), Renaissance Technologies LLC (1.27%), Bank of Montreal Can (0.98%), Bank of New York Mellon Corp (0.90%), Citigroup Inc. (0.64%) and Marshall Wace LLP (0.50%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Frontline's stock price today? One share of FRO stock can currently be purchased for approximately $18.00. How much money does Frontline make? Frontline (NYSE:FRO) has a market capitalization of $4.01 billion and generates $1.43 billion in revenue each year. The shipping company earns $475.54 million in net income (profit) each year or $3.71 on an earnings per share basis. How can I contact Frontline? Frontline's mailing address is PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON D0, HM 08. The official website for the company is www.frontline.bm. The shipping company can be reached via phone at (572) 558-8767, via email at ir@frontmgt.no, or via fax at 441-295-3494. 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