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QQQ   296.26
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Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Online system to seek asylum in US is quickly overwhelmed
Flights canceled as UK airline Flybe sinks into bankruptcy
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Online system to seek asylum in US is quickly overwhelmed
Flights canceled as UK airline Flybe sinks into bankruptcy
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Online system to seek asylum in US is quickly overwhelmed
Flights canceled as UK airline Flybe sinks into bankruptcy
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Online system to seek asylum in US is quickly overwhelmed
Flights canceled as UK airline Flybe sinks into bankruptcy
NYSE:FRO

Frontline - FRO Stock Forecast, Price & News

$13.94
+0.57 (+4.26%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$13.45
$14.00
50-Day Range
$10.68
$14.43
52-Week Range
$6.40
$14.85
Volume
3.01 million shs
Average Volume
5.91 million shs
Market Capitalization
$3.10 billion
P/E Ratio
11.91
Dividend Yield
4.49%
Price Target
$14.50

Frontline MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.0% Upside
$14.50 Price Target
Short Interest
Healthy
12.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Frontline in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
78.21%
From $1.56 to $2.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Transportation Sector

44th out of 124 stocks

Deep Sea Foreign Transportation Of Freight Industry

17th out of 30 stocks


FRO stock logo

About Frontline (NYSE:FRO) Stock

Frontline Plc is an international shipping company, which engages in the ownership and operation of oil and product tankers. It also offers the seaborne transportation of crude oil and oil products. The company was founded in 1985 and is headquartered in Limmasol, Cyprus.

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FRO Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Frontline Unusual Options Activity
See More Headlines
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FRO Company Calendar

Last Earnings
11/30/2022
Today
1/29/2023
Next Earnings (Estimated)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G3682E12
Employees
79
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$14.50
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-11,150,000.00
Pretax Margin
23.11%

Debt

Sales & Book Value

Annual Sales
$749.38 million
Cash Flow
$0.48 per share
Book Value
$8.12 per share

Miscellaneous

Free Float
115,586,000
Market Cap
$3.10 billion
Optionable
Optionable
Beta
0.28

Social Links


Key Executives

  • Lars H. Barstad
    Chief Executive Officer
  • John Fredriksen
    President & Director
  • Inger Marie Klemp
    Chief Financial Officer













FRO Stock - Frequently Asked Questions

Should I buy or sell Frontline stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued twelve-month price targets for Frontline's stock. Their FRO share price forecasts range from $10.00 to $17.00. On average, they expect the company's share price to reach $14.50 in the next year. This suggests a possible upside of 4.0% 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 start of the year. Since then, FRO stock has increased by 14.8% and is now trading at $13.94.
View the best growth stocks for 2023 here
.

Are investors shorting Frontline?

Frontline saw a drop in short interest in January. As of January 15th, there was short interest totaling 17,300,000 shares, a drop of 35.0% from the December 31st total of 26,620,000 shares. Based on an average trading volume of 4,920,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 12.1% of the company's stock 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 Thursday, February 16th 2023.
View our FRO earnings forecast
.

How were Frontline's earnings last quarter?

Frontline plc (NYSE:FRO) issued its quarterly earnings data on Wednesday, November, 30th. The shipping company reported $0.37 earnings per share for the quarter. The shipping company had revenue of $208.84 million for the quarter, compared to analyst estimates of $247.82 million. Frontline had a trailing twelve-month return on equity of 6.55% and a net margin of 22.67%.

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

Frontline declared a quarterly dividend on Thursday, August 25th. Stockholders of record on Friday, September 16th will be given a dividend of $0.15 per share on Monday, October 3rd. This represents a $0.60 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend is Thursday, September 15th.
Read our dividend analysis for FRO
.

Is Frontline a good dividend stock?

Frontline (NYSE:FRO) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.49%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRO will have a dividend payout ratio of 21.58% next year. This indicates that the company will be able to sustain or increase its 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 investors include DAVENPORT & Co LLC (0.26%), Evermore Global Advisors LLC (0.03%) and Syquant Capital Sas (0.00%).

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 $13.94.

How much money does Frontline make?

Frontline (NYSE:FRO) has a market capitalization of $3.10 billion and generates $749.38 million in revenue each year. The shipping company earns $-11,150,000.00 in net income (profit) each year or $1.17 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 (441) 295-6935, via email at ir@frontmgt.no, or via fax at 441-295-3494.

This page (NYSE:FRO) was last updated on 1/29/2023 by MarketBeat.com Staff