Frontline - FRO Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.

3 Wall Street analysts have issued 1-year target prices for Frontline's stock. Their FRO share price forecasts range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.50 in the next year. This suggests that the stock has a possible downside of 17.0%.
View analysts price targets for FRO or view top-rated stocks among Wall Street analysts.

Frontline's stock was trading at $7.07 at the beginning of 2022. Since then, FRO shares have increased by 61.8% and is now trading at $11.44.
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Frontline saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 8,730,000 shares, an increase of 5.9% from the July 15th total of 8,240,000 shares. Based on an average trading volume of 2,890,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 7.0% of the company's shares are sold short.
View Frontline's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our FRO earnings forecast.

Frontline Ltd. (NYSE:FRO) issued its earnings results on Tuesday, May, 24th. The shipping company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The shipping company earned $103.79 million during the quarter, compared to analyst estimates of $106.78 million. Frontline had a negative trailing twelve-month return on equity of 4.01% and a negative net margin of 1.15%. During the same period last year, the company earned $0.04 EPS.

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 number of retail and institutional investors. Top institutional investors include Folketrygdfondet (5.28%), State Street Corp (0.95%), Northern Trust Corp (0.81%), Renaissance Technologies LLC (0.50%), DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.47%) and Millennium Management LLC (0.31%).

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.
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One share of FRO stock can currently be purchased for approximately $11.44.

Frontline (NYSE:FRO) has a market capitalization of $2.33 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 ($0.05) on an earnings per share basis.

Frontline was founded in 1985.

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.