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3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
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Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Is Ford About To Crush Workhorse Group? 
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Is Ford About To Crush Workhorse Group? 
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Is Ford About To Crush Workhorse Group? 
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NYSE:FRO

Frontline - FRO Stock Forecast, Price & News

$11.44
+0.19 (+1.69%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.22
$11.52
50-Day Range
$8.09
$11.45
52-Week Range
$6.10
$11.61
Volume
2.57 million shs
Average Volume
2.68 million shs
Market Capitalization
$2.33 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.50

Frontline MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
17.0% Downside
$9.50 Price Target
Short Interest
Bearish
7.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
130.67%
From $0.75 to $1.73 Per Share

Overall MarketRank

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

1.40 out of 5 stars

Transportation Sector

121st out of 127 stocks

Deep Sea Foreign Transportation Of Freight Industry

27th out of 29 stocks

FRO stock logo

About Frontline (NYSE:FRO) Stock

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, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FRO. Jefferies Financial Group began coverage on shares of Frontline in a research note on Wednesday, July 20th. They set a "hold" rating and a $9.00 price objective on the stock. HC Wainwright raised their price objective on shares of Frontline from $8.00 to $10.00 and gave the company a "neutral" rating in a report on Wednesday, May 25th. Finally, StockNews.com lowered shares of Frontline from a "hold" rating to a "sell" rating in a report on Wednesday, July 27th.

Frontline Stock Up 1.7 %

NYSE:FRO traded up $0.19 during mid-day trading on Tuesday, hitting $11.44. The company's stock had a trading volume of 2,568,680 shares, compared to its average volume of 2,680,386. The company's 50 day simple moving average is $9.42 and its 200 day simple moving average is $8.96. Frontline has a twelve month low of $6.10 and a twelve month high of $11.61. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of -228.80 and a beta of 0.19.

Frontline (NYSE:FRO - Get Rating) last posted its quarterly earnings data on Tuesday, May 24th. The shipping company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01). The firm had revenue of $103.79 million for the quarter, compared to the consensus estimate of $106.78 million. Frontline had a negative net margin of 1.15% and a negative return on equity of 4.01%. During the same period in the previous year, the firm earned $0.04 EPS. Analysts anticipate that Frontline will post 0.75 earnings per share for the current year.

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FRO Stock News Headlines

$4.2 Billion Deal to Create Oil Tanker Giant
FRO - Changes to the Board composition
Frontline: How Long Will The Pain Last? - Seeking Alpha
See More Headlines
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FRO Company Calendar

Last Earnings
5/24/2022
Today
8/16/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
12/31/2022

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
$9.50
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
-17.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-11,150,000.00
Pretax Margin
-0.55%

Debt

Sales & Book Value

Annual Sales
$749.38 million
Cash Flow
$0.46 per share
Book Value
$8.12 per share

Miscellaneous

Free Float
105,673,000
Market Cap
$2.33 billion
Optionable
Optionable
Beta
0.19

Social Links















FRO Stock - Frequently Asked Questions

Should I buy or sell Frontline stock right now?

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.

What is Frontline's stock price forecast for 2022?

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.

How have FRO shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Frontline?

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
.

When is Frontline's next earnings date?

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

How were Frontline's earnings last quarter?

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.

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 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%).

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 $11.44.

How much money does Frontline make?

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.

When was Frontline founded?

Frontline was founded in 1985.

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 8/17/2022 by MarketBeat.com Staff

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