Frontline Stock Forecast, Price & News

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.

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.
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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.

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

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.

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.
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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.

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.

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.

Some companies that are related to Frontline include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Golar LNG (GLNG), Golden Ocean Group (GOGL), Scorpio Tankers (STNG), SFL (SFL), GasLog (GLOG), Nordic American Tankers (NAT), Teekay Tankers (TNK) and Teekay (TK).
View all of FRO's competitors.

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).

Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO."

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%).

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.

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.

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.
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One share of FRO stock can currently be purchased for approximately $8.70.

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.

Frontline employs 84 workers across the globe.

Frontline was founded in 1985.

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

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

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]