NYSE:FRO

Frontline Stock Forecast, Price & News

$8.70
+0.15 (+1.75 %)
(As of 06/23/2021 12:00 AM ET)
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Today's Range
$8.66
$8.83
50-Day Range
$6.99
$8.90
52-Week Range
$5.28
$8.99
Volume1.19 million shs
Average Volume1.94 million shs
Market Capitalization$1.72 billion
P/E Ratio6.21
Dividend Yield5.85%
Beta0.37
30 days | 90 days | 365 days | Advanced Chart
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Frontline logo

About Frontline

Frontline Ltd., 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, 2020, the company operated a fleet of 68 vessels. It is also involved in the charter, purchase, and sale of vessels. Frontline Ltd. is based in Hamilton, Bermuda.

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MarketRank

Overall MarketRank

2.15 out of 5 stars

Transportation Sector

18th out of 249 stocks

Deep Sea Foreign Transportation Of Freight Industry

3rd out of 55 stocks

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -
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Frontline (NYSE:FRO) Frequently Asked Questions

Is Frontline a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Frontline stock. 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 analyst ratings for Frontline
or view top-rated stocks.

What stocks does MarketBeat like better than Frontline?

Wall Street analysts have given Frontline a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Frontline wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Frontline?

Frontline saw a decline in short interest in May. As of May 28th, there was short interest totaling 5,020,000 shares, a decline of 13.3% from the May 13th total of 5,790,000 shares. Based on an average trading volume of 1,880,000 shares, the short-interest ratio is presently 2.7 days. Currently, 4.7% of the shares of the company are sold short.
View Frontline's Short Interest
.

When is Frontline's next earnings date?

Frontline is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Frontline
.

How were Frontline's earnings last quarter?

Frontline Ltd. (NYSE:FRO) released its earnings results on Wednesday, May, 26th. The shipping company reported $0.05 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.11. Frontline had a net margin of 27.55% and a trailing twelve-month return on equity of 15.36%. During the same quarter in the previous year, the firm earned $0.91 earnings per share.
View Frontline's earnings history
.

How has Frontline's stock been impacted by COVID-19?

Frontline's stock was trading at $9.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FRO stock has decreased by 5.2% and is now trading at $8.70.
View which stocks have been most impacted by COVID-19
.

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

Frontline announced a quarterly dividend on Wednesday, August 26th. Investors of record on Friday, September 11th will be given a dividend of $0.50 per share on Tuesday, September 29th. This represents a $2.00 dividend on an annualized basis and a yield of 22.99%. The ex-dividend date is Thursday, September 10th.
View Frontline's dividend history
.

Is Frontline a good dividend stock?

Frontline pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.85%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Frontline is 23.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Frontline will have a dividend payout ratio of 39.37% next year. This indicates that Frontline will be able to sustain or increase its dividend.
View Frontline's dividend history.

What price target have analysts set for FRO?

7 equities research analysts have issued twelve-month price objectives for Frontline's stock. Their forecasts range from $7.19 to $8.00. On average, they expect Frontline's stock price to reach $7.73 in the next year. This suggests that the stock has a possible downside of 11.1%.
View analysts' price targets for Frontline
or view top-rated stocks among Wall Street analysts.

Who are Frontline's key executives?

Frontline's management team includes the following people:
  • Ms. Inger Marie Klemp, Principal Financial Officer (Age 57)
  • Mr. Robert Hvide Macleod, Chief Exec. Officer of Frontline Management AS (Age 41)

Who are some of Frontline's key competitors?

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.38%), Phoenix Holdings Ltd. (1.05%), Northern Trust Corp (0.93%), Evermore Global Advisors LLC (0.61%), Geode Capital Management LLC (0.47%) and Nuveen Asset Management LLC (0.28%).

Which institutional investors are selling Frontline stock?

FRO stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Evermore Global Advisors LLC, Barclays PLC, Goldman Sachs Group Inc., Bank of Montreal Can, Morgan Stanley, Virtu Financial LLC, and Paloma Partners Management Co.

Which institutional investors are buying Frontline stock?

FRO stock was bought by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Point72 Asset Management L.P., BlackRock Inc., Manatuck Hill Partners LLC, Grantham Mayo Van Otterloo & Co. LLC, GWM Advisors LLC, Prudential Financial Inc., and Schonfeld Strategic Advisors LLC.

How do I buy shares of Frontline?

Shares of FRO 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 $8.70.

How much money does Frontline make?

Frontline has a market capitalization of $1.72 billion and generates $1.22 billion in revenue each year. The shipping company earns $412.88 million in net income (profit) each year or $2.13 on an earnings per share basis.

How many employees does Frontline have?

Frontline employs 84 workers across the globe.

When was Frontline founded?

Frontline was founded in 1985.

What is Frontline's official website?

The official website for Frontline is www.frontline.bm.

Where are Frontline's headquarters?

Frontline is headquartered at PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON D0, HM 08.

How can I contact Frontline?

Frontline's mailing address is PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON D0, HM 08. The shipping company can be reached via phone at 441-295-6935 or via email at [email protected]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
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