Frontline Ltd. is a shipping company. The Company is engaged in the seaborne transportation of crude oil and oil products. Its tankers segment includes crude oil tankers and product tankers. As of December 31, 2016, the Company's fleet consisted of 28 vessels owned by the Company (seven very large crude carriers (VLCCs), 10 Suezmax tankers and 11 Aframax/LR2 tankers); 13 vessels that are under capital leases (11 VLCCs and two Suezmax tankers); one VLCC that is recorded as an investment in finance lease; four vessels chartered-in for periods of 12 months, including extension options (two VLCCs and two Suezmax tankers); two VLCCs where cost/revenue is split equally with a third party (of which one is chartered-in by it and one by a third party); three medium range product tankers that are chartered-in on short term time charters with a remaining duration of less than two months, and five vessels that are under commercial management (two Suezmax tankers and three Aframax oil tankers).
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Oil & Gas Transportation Services
- Sub-Industry: Oil & Gas Storage & Transportation
- Symbol: NYSE:FRO
- CUSIP: G3682E12
- Web: www.frontline.bm
Capitalization:- Market Cap: $962.82 million
- Outstanding Shares: 169,809,000
Average Prices:- 50 Day Moving Avg: $5.43
- 200 Day Moving Avg: $6.03
- 52 Week Range: $4.87 - $8.05
P/E:- Trailing P/E Ratio: 29.48
- Foreward P/E Ratio: 16.17
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $660.53 million
- Price / Sales: 1.46
- Book Value: $8.60 per share
- Price / Book: 0.66
Dividend:- Annual Dividend: $0.60
- Dividend Yield: 10.6%
Profitability:- EBIDTA: $263.79 million
- Net Margins: 4.74%
- Return on Equity: 4.42%
- Return on Assets: 2.11%
Debt:- Debt-to-Equity Ratio: 1.07%
- Current Ratio: 1.66%
- Quick Ratio: 1.66%
Misc:- Average Volume: 648,928 shs.
- Beta: 2.04
- Short Ratio: 6.32
Frequently Asked Questions for Frontline (NYSE:FRO)
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 declared a quarterly dividend on Tuesday, May 30th. Stockholders of record on Monday, June 12th will be paid a dividend of $0.15 per share on Wednesday, June 21st. This represents a $0.60 annualized dividend and a dividend yield of 10.60%. The ex-dividend date of this dividend is Thursday, June 8th. View Frontline's Dividend History.
How were Frontline's earnings last quarter?
Frontline Ltd. (NYSE:FRO) issued its earnings results on Wednesday, August, 30th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.05. The business had revenue of $89.99 million for the quarter, compared to analysts' expectations of $86.55 million. Frontline had a net margin of 4.74% and a return on equity of 4.42%. View Frontline's Earnings History.
When will Frontline make its next earnings announcement?
Where is Frontline's stock going? Where will Frontline's stock price be in 2017?
4 brokerages have issued 12-month price objectives for Frontline's shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate Frontline's stock price to reach $6.00 in the next year. View Analyst Ratings for Frontline.
Who are some of Frontline's key competitors?
Some companies that are related to Frontline include Summit Midstream Partners, LP (SMLP), Western Refining Logistics, LP (WNRL), Ship Finance International Limited (SFL), Enbridge Energy Management LLC (EEQ), Crestwood Midstream Partners LP (CMLP), Noble Midstream Partners LP (NBLX), VTTI Energy Partners LP (VTTI), PBF Logistics LP (PBFX), Delek Logistics Partners, L.P. (DKL), Teekay Offshore Partners L.P. (TOO), Teekay Tankers (TNK), Blueknight Energy Partners L.P., L.L.C. (BKEP), Southcross Energy Partners, L.P. (SXE), Columbia Pipeline Group (CPGX), Columbia Pipeline Partners LP (CPPL), Penntex Midstream Partners LP (PTXP), QEP Midstream Partners LP (QEPM) and Rose Rock Midstream LP (RRMS).
Who are Frontline's key executives?
Frontline's management team includes the folowing people:
- John Fredriksen, Chairman, President and Director
- Robert Hvide Macleod, Chief Executive Officer for Frontline Management AS, Director
- Inger Marie Klemp, Chief Financial Officer of Frontline Management AS
- Ola Lorentzon, Director
- Ted Mitchell, Director
- Georgina E. Sousa, Director
- Kate Blankenship, Independent Director
Who owns Frontline stock?
Frontline's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Evermore Global Advisors LLC (2.28%), Northern Trust Corp (1.06%), Lingohr & Partner Asset Management GmbH (0.98%), Folketrygdfondet (0.76%), State Street Corp (0.76%) and Cipher Capital LP (0.29%). View Institutional Ownership Trends for Frontline.
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 Vanguard Group Inc., Nationwide Fund Advisors, Russell Investments Group Ltd., Lingohr & Partner Asset Management GmbH, Royal Bank of Canada, California State Teachers Retirement System and New York State Common Retirement Fund. View Insider Buying and Selling for Frontline.
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, Northern Trust Corp, State Street Corp, DekaBank Deutsche Girozentrale, Cipher Capital LP, Wells Fargo & Company MN, Parametric Portfolio Associates LLC and Alliancebernstein L.P.. View Insider Buying and Selling for Frontline.
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.
What is Frontline's stock price today?
One share of Frontline stock can currently be purchased for approximately $5.66.
MarketBeat Community Rating for Frontline (NYSE FRO)MarketBeat's community ratings are surveys of what our community members think about Frontline and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Frontline (NYSE:FRO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $6.00 (6.01% upside) |
Analysts' Ratings History for Frontline (NYSE:FRO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/5/2017 | Credit Suisse Group | Reiterated Rating | Neutral | | Medium |  |
| 7/21/2017 | Evercore ISI | Downgrade | In-Line -> Underperform | $6.00 -> $4.00 | High | |
| 5/31/2017 | Seaport Global Securities | Upgrade | Neutral -> Buy | $8.00 | Low | |
| 9/27/2016 | Wells Fargo & Company | Reiterated Rating | Hold | | N/A | |
| 8/26/2016 | Morgan Stanley | Reiterated Rating | Equal Weight | $10.00 -> $7.00 | N/A | |
| 6/17/2016 | Clarkson Capital | Reiterated Rating | Buy | | N/A | |
| 1/14/2016 | Nordea Equity Research | Upgrade | Hold -> Buy | | N/A | |
| 1/13/2016 | DNB Markets | Upgrade | Hold -> Buy | | N/A | |
| 1/4/2016 | Deutsche Bank AG | Reiterated Rating | Hold | $10.00 -> $15.00 | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for Frontline (NYSE:FRO)Earnings History by Quarter for Frontline (NYSE FRO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/5/2017 | | | | | | | | |
| 8/30/2017 | 6/30/2017 | ($0.03) | ($0.08) | $86.55 million | $89.99 million | View | N/A | |
| 5/30/2017 | 3/31/2017 | $0.12 | $0.16 | $103.70 million | $121.94 million | View | N/A | |
| 2/28/2017 | Q416 | $0.08 | $0.22 | $100.70 million | $128.15 million | View | Listen | |
| 11/29/2016 | Q316 | $0.10 | $0.11 | $130.80 million | $113.17 million | View | N/A | |
| 8/31/2016 | Q216 | $0.27 | $0.31 | $149.80 million | $159.77 million | View | Listen | |
| 2/29/2016 | Q415 | $0.59 | $0.37 | $192.22 million | $154.00 million | View | Listen | |
| 11/24/2015 | Q315 | $0.08 | $0.09 | $92.32 million | $92.46 million | View | Listen | |
| 8/26/2015 | Q215 | $0.24 | $0.11 | $97.40 million | $102.29 million | View | Listen | |
| 5/29/2015 | Q115 | $0.18 | $0.25 | $93.90 million | $101.15 million | View | Listen | |
| 2/25/2015 | Q414 | ($0.04) | ($0.12) | $92.20 million | $135.10 million | View | N/A | |
| 11/25/2014 | Q314 | ($0.12) | ($0.15) | $62.36 million | $135.60 million | View | N/A | |
| 8/28/2014 | Q214 | ($0.27) | ($0.23) | $35.61 million | $46.86 million | View | N/A | |
| 5/27/2014 | Q114 | ($0.01) | $0.04 | $87.15 million | $89.30 million | View | N/A | |
| 2/27/2014 | Q413 | ($0.19) | ($0.15) | $59.77 million | $63.40 million | View | N/A | |
| 11/29/2013 | Q3 | ($0.47) | ($0.46) | $47.76 million | $51.30 million | View | Listen | |
| 8/28/2013 | Q213 | ($0.50) | ($1.54) | $47.64 million | $121.20 million | View | N/A | |
| 5/30/2013 | Q113 | ($0.50) | ($0.24) | $69.40 million | $125.90 million | View | N/A | |
| 2/22/2013 | Q412 | ($0.54) | ($0.21) | $66.51 million | | View | N/A | |
| 11/29/2012 | -0.63 | | ($0.63) | | $67.95 million | View | N/A | |
| 8/29/2012 | | ($0.07) | ($0.05) | | | View | N/A | |
| 11/22/2011 | | ($0.69) | ($0.57) | | | View | N/A | |
| 8/26/2011 | | ($0.38) | ($0.45) | | | View | N/A | |
| 5/25/2011 | | ($0.16) | $0.20 | | | View | N/A | |
| 2/22/2011 | | ($0.06) | ($0.17) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Frontline (NYSE:FRO)2017 EPS Consensus Estimate: $0.02
2018 EPS Consensus Estimate: $0.26
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.09 | $0.09 | $0.09 |
| Q2 2017 | 1 | ($0.06) | ($0.06) | ($0.06) |
| Q3 2017 | 1 | ($0.05) | ($0.05) | ($0.05) |
| Q4 2017 | 1 | $0.04 | $0.04 | $0.04 |
| Q1 2018 | 1 | $0.06 | $0.06 | $0.06 |
| Q2 2018 | 1 | $0.06 | $0.06 | $0.06 |
| Q3 2018 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2018 | 1 | $0.07 | $0.07 | $0.07 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Frontline (NYSE:FRO)| Most Recent Dividend: | 6/21/2017 |
| Annual Dividend: | $0.60 |
| Dividend Yield: | 10.60% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 300.02% (Trailing 12 Months of Earnings)
1,000.00% (Based on This Year's Estimates)
171.43% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Frontline (NYSE FRO)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/30/2017 | Quarterly | $0.15 | 10.36% | 6/8/2017 | 6/12/2017 | 6/21/2017 |
| 3/1/2017 | quarterly | $0.15 | 8.4% | 3/9/2017 | 3/13/2017 | 3/23/2017 |
| 11/30/2016 | Quarterly | $0.10 | 5.68% | 12/13/2016 | 12/15/2016 | 12/22/2016 |
| 9/1/2016 | quarterly | $0.20 | 11.19% | 9/8/2016 | 9/12/2016 | 9/19/2016 |
| 6/2/2016 | quarterly | $0.40 | 17.78% | 6/9/2016 | 6/13/2016 | 6/20/2016 |
| 3/2/2016 | special | $0.35 | | 3/9/2016 | 3/11/2016 | 3/18/2016 |
| 12/4/2015 | quarterly | $0.05 | 6.43% | 12/16/2015 | 12/18/2015 | 12/30/2015 |
(Data available from 1/1/2013 forward)
Insider Trading History for Frontline (NYSE:FRO)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Frontline (NYSE:FRO)
Latest Headlines for Frontline (NYSE:FRO)
| Source: |
|
| Date | Headline |
|---|
 | First Week Of FRO May 2018 Options Trading
www.thestreet.com - September 19 at 6:51 PM |
 | Intradiem Provides Real-time Intraday Insights and Automation for NICE inContact CXone Users to Reduce Costs and Improve Agent Performance
finance.yahoo.com - September 15 at 6:03 AM |
| Frontline Ltd. breached its 50 day moving average in a Bearish Manner : FRO-US : September 12, 2017
finance.yahoo.com - September 12 at 7:41 PM |
 | Frontline Ltd. (FRO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 12 at 11:16 AM |
| Head-To-Head Contrast: Summit Midstream Partners, (SMLP) vs. Frontline (FRO)
www.americanbankingnews.com - September 8 at 9:04 AM |
 | Mid-Morning Market Update: Markets Open Higher; G-III Apparel Tops Q2 Views
feeds.benzinga.com - September 6 at 11:23 AM |
| Frontline's (FRO) "Neutral" Rating Reiterated at Credit Suisse Group
www.americanbankingnews.com - September 5 at 12:20 PM |
| Seaport Global Securities Comments on Frontline Ltd.'s Q4 2018 Earnings (FRO)
www.americanbankingnews.com - September 4 at 8:10 AM |
| FRO - Primary insider transaction
feeds.benzinga.com - September 1 at 3:19 AM |
 | Frontline's (FRO) CEO Robert Macleod on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 31 at 11:45 PM |
| Frontline Ltd. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 30 at 8:11 PM |
| Investor Network: Frontline Ltd. to Host Earnings Call
finance.yahoo.com - August 30 at 8:11 PM |
| FRO - Q2 2017 Presentation
finance.yahoo.com - August 30 at 8:11 PM |
| Frontline reports 2Q loss
finance.yahoo.com - August 30 at 8:11 PM |
| Frontline -7% after Q2 loss and seeing weak quarters ahead
seekingalpha.com - August 30 at 1:13 PM |
| Frontline Ltd. (FRO) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 30 at 10:26 AM |
| FRO - Second Quarter and Six Months 2017 Results
feeds.benzinga.com - August 30 at 3:59 AM |
| Frontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : August 29, 2017
finance.yahoo.com - August 29 at 7:16 PM |
| Frontline Ltd. (FRO) Upgraded at BidaskClub
www.americanbankingnews.com - August 26 at 5:30 PM |
| Frontline Ltd. (FRO) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 23 at 9:10 AM |
| Contrasting Enbridge Energy, L.P. (EEP) & Frontline (FRO)
www.americanbankingnews.com - August 22 at 8:26 PM |
 | Ghana Is Said to Weigh Scaling Down $2.3 Billion Bond Plans
www.bloomberg.com - August 22 at 7:24 PM |
| FRO - Invitation to Q2 2017 Results Conference Call and Webcast
feeds.benzinga.com - August 22 at 9:36 AM |
| Frontline Ltd. (FRO) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 19 at 11:50 AM |
| Frontline Ltd. (FRO) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 18 at 11:16 AM |
 | Is Frontline Ltd. (FRO) a Great Stock for Value Investors? - Nasdaq ... - Nasdaq
www.nasdaq.com - August 18 at 1:08 AM |
| Is Frontline Ltd. (FRO) a Great Stock for Value Investors?
finance.yahoo.com - August 17 at 8:06 PM |
| Analyzing Frontline (FRO) & Enbridge Energy Management (EEQ)
www.americanbankingnews.com - August 16 at 12:22 AM |
| Reviewing Frontline (FRO) and Williams Companies, Inc. (The) (WMB)
www.americanbankingnews.com - August 13 at 8:10 PM |
 | Frontline Ltd.: FRO - Notice of Annual General Meeting 2017
www.finanznachrichten.de - August 11 at 7:14 PM |
| See what the IHS Markit Score report has to say about Frontline Ltd.
finance.yahoo.com - August 9 at 7:02 PM |
| Head-To-Head Comparison: Blueknight Energy Partners L.P., L.L.C. (BKEP) and Frontline (FRO)
www.americanbankingnews.com - August 5 at 12:10 AM |
| Frontline Ltd. – Value Analysis (NYSE:FRO) : July 31, 2017
finance.yahoo.com - July 31 at 6:30 PM |
| NAP Weighs In: Consumption, Demand, Exports, Impact on Tankers
finance.yahoo.com - July 28 at 8:56 PM |
| Frontline Ltd. breached its 50 day moving average in a Bearish Manner : FRO-US : July 27, 2017
finance.yahoo.com - July 27 at 7:22 PM |
| Frontline Ltd. (NYSE:FRO) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 24 at 11:38 AM |
| Frontline Ltd. (NYSE:FRO) Downgraded by Evercore ISI
www.americanbankingnews.com - July 22 at 3:58 PM |
| Mid-Day Market Update: Crude Oil Down 1.6%; Plug Power Shares Spike Higher
www.nasdaq.com - July 22 at 3:49 AM |
| Mid-Day Market Update: Crude Oil Down 1.6%; Plug Power Shares ... - Benzinga
www.benzinga.com - July 21 at 10:48 PM |
| Frontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : July 14, 2017
finance.yahoo.com - July 14 at 7:48 PM |
| Nordic American Tankers: 2Q17 Earnings Expected to Fall
finance.yahoo.com - July 13 at 8:11 PM |
| Bunker Fuel and Crude Oil Prices in Week 27
finance.yahoo.com - July 13 at 8:11 PM |
| Analyzing EQT Midstream Partners, (EQM) & Frontline (FRO)
www.americanbankingnews.com - July 13 at 6:31 PM |
| FRO - 2017 Annual General Meeting
finance.yahoo.com - July 13 at 5:34 AM |
| ETFs with exposure to Frontline Ltd. : July 11, 2017
finance.yahoo.com - July 11 at 7:58 PM |
| Frontline Ltd. (FRO) Raised to "Buy" at ValuEngine
www.americanbankingnews.com - July 8 at 10:10 PM |
| Shipping Stock Performance Review -- Frontline, Kirby, Nordic American Offshore, and Navios Maritime
www.nasdaq.com - July 8 at 10:54 AM |
| ETFs with exposure to Frontline Ltd. : June 30, 2017
finance.yahoo.com - July 1 at 6:09 AM |
| [$$] This Shipping Magnate Is Calling a Bottom in the Oil Rout
finance.yahoo.com - June 27 at 3:39 PM |
 | Shipping Firm Frontline to Abandon Pursuit of Rival Gener8 - Wall Street Journal (subscription)
www.wsj.com - June 24 at 5:38 PM |
Frontline (FRO) Chart for Wednesday, September, 20, 2017
