Frontline Company Profile (NYSE:FRO)

About Frontline (NYSE:FRO)

Frontline logoFrontline 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: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Symbol: NYSE:FRO
  • CUSIP: G3682E12
  • Web: www.frontline.bm
Capitalization:
  • Market Cap: $956.02 million
  • Outstanding Shares: 169,809,000
Average Prices:
  • 50 Day Moving Avg: $6.47
  • 200 Day Moving Avg: $6.95
  • 52 Week Range: $5.48 - $10.41
P/E:
  • Trailing P/E Ratio: 7.56
  • Foreward P/E Ratio: 10.24
  • P/E Growth: 4.53
Sales & Book Value:
  • Annual Revenue: $752.11 million
  • Price / Sales: 1.27
  • Book Value: $8.83 per share
  • Price / Book: 0.64
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 9.8%
Profitability:
  • EBIDTA: $373.91 million
  • Net Margins: 21.54%
  • Return on Equity: 13.92%
  • Return on Assets: 6.80%
Debt:
  • Debt-to-Equity Ratio: 0.95%
  • Current Ratio: 1.48%
  • Quick Ratio: 1.48%
Misc:
  • Average Volume: 868,995 shs.
  • Beta: 2.36
  • Short Ratio: 6.76
 

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 Wednesday, March 1st. Shareholders of record on Monday, March 13th will be paid a dividend of $0.15 per share on Thursday, March 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.66%. The ex-dividend date is Thursday, March 9th. This is an increase from Frontline's previous quarterly dividend of $0.10. View Frontline's Dividend History.

How were Frontline's earnings last quarter?

Frontline Ltd. (NYSE:FRO) announced its quarterly earnings data on Tuesday, February, 28th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.14. The firm earned $128.15 million during the quarter, compared to analyst estimates of $100.70 million. Frontline had a return on equity of 13.92% and a net margin of 21.54%. View Frontline's Earnings History.

Where is Frontline's stock going? Where will Frontline's stock price be in 2017?

4 brokers have issued 1-year target prices for Frontline's shares. Their predictions range from $7.00 to $8.00. On average, they anticipate Frontline's share price to reach $7.50 in the next year. View Analyst Ratings for Frontline.

Who are some of Frontline's key competitors?

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 (1.51%), Lingohr & Partner Asset Management GmbH (0.98%), Folketrygdfondet (0.76%), Horseman Capital Management Ltd (0.48%), Vanguard Group Inc. (0.26%) and Cipher Capital LP (0.24%). 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 Russell Investments Group Ltd., Morgan Stanley, TIAA CREF Investment Management LLC, Bank of America Corp DE, Horseman Capital Management Ltd, Credit Suisse AG, Alliancebernstein L.P. and Nationwide Fund Advisors. View Insider Buying and Selling for Frontline.

Who bought Frontline stock? Who is buying Frontline stock?

Frontline's stock was purchased by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Lingohr & Partner Asset Management GmbH, Boston Partners, Vanguard Group Inc., Engineers Gate Manager LP, Jane Street Group LLC, First Trust Advisors LP and UBS Group AG. 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.

How much does a share of Frontline stock cost?

One share of Frontline stock can currently be purchased for approximately $5.63.

Analyst Ratings

Consensus Ratings for Frontline (NYSE:FRO) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $7.50 (33.21% upside)

Analysts' Ratings History for Frontline (NYSE:FRO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/9/2017Credit Suisse Group AGSet Price TargetHold$8.00LowView Rating Details
9/27/2016Wells Fargo & CoReiterated RatingHoldN/AView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$10.00 -> $7.00N/AView Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
5/4/2016Seaport Global SecuritiesInitiated CoverageBuy -> Neutral$23.00 -> $9.00N/AView Rating Details
1/14/2016Nordea Equity ResearchUpgradeHold -> BuyN/AView Rating Details
1/13/2016DNB MarketsUpgradeHold -> BuyN/AView Rating Details
1/4/2016Deutsche Bank AGReiterated RatingHold$10.00 -> $15.00N/AView Rating Details
6/1/2015Evercore ISIUpgradeSell -> Hold$10.00 -> $15.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Frontline (NYSE:FRO)
Earnings by Quarter for Frontline (NYSE:FRO)
Earnings History by Quarter for Frontline (NYSE:FRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.08$0.22$100.70 million$128.15 millionViewListenView Earnings Details
11/29/2016Q316$0.10$0.11$130.80 million$113.17 millionViewN/AView Earnings Details
8/31/2016Q216$0.27$0.31$149.80 million$159.77 millionViewListenView Earnings Details
2/29/2016Q415$0.59$0.37$192.22 million$154.00 millionViewListenView Earnings Details
11/24/2015Q315$0.08$0.09$92.32 million$92.46 millionViewListenView Earnings Details
8/26/2015Q215$0.24$0.11$97.40 million$102.29 millionViewListenView Earnings Details
5/29/2015Q115$0.18$0.25$93.90 million$101.15 millionViewListenView Earnings Details
2/25/2015Q414($0.04)($0.12)$92.20 million$135.10 millionViewN/AView Earnings Details
11/25/2014Q314($0.12)($0.15)$62.36 million$135.60 millionViewN/AView Earnings Details
8/28/2014Q214($0.27)($0.23)$35.61 million$46.86 millionViewN/AView Earnings Details
5/27/2014Q114($0.01)$0.04$87.15 million$89.30 millionViewN/AView Earnings Details
2/27/2014Q413($0.19)($0.15)$59.77 million$63.40 millionViewN/AView Earnings Details
11/29/2013Q3($0.47)($0.46)$47.76 million$51.30 millionViewListenView Earnings Details
8/28/2013Q213($0.50)($1.54)$47.64 million$121.20 millionViewN/AView Earnings Details
5/30/2013Q113($0.50)($0.24)$69.40 million$125.90 millionViewN/AView Earnings Details
2/22/2013Q412($0.54)($0.21)$66.51 millionViewN/AView Earnings Details
11/29/2012-0.63($0.63)$67.95 millionViewN/AView Earnings Details
8/29/2012($0.07)($0.05)ViewN/AView Earnings Details
11/22/2011($0.69)($0.57)ViewN/AView Earnings Details
8/26/2011($0.38)($0.45)ViewN/AView Earnings Details
5/25/2011($0.16)$0.20ViewN/AView Earnings Details
2/22/2011($0.06)($0.17)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Frontline (NYSE:FRO)
2017 EPS Consensus Estimate: $0.04
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171($0.05)($0.05)($0.05)
Q3 20171($0.05)($0.05)($0.05)
Q4 20171$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Frontline (NYSE:FRO)
Most Recent Dividend:3/23/2017
Annual Dividend:$0.40
Dividend Yield:7.10%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:250.00% (Based on This Year's Estimates)
72.73% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Frontline (NYSE:FRO)

Dividend History by Quarter for Frontline (NYSE:FRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017quarterly$0.158.4%3/9/20173/13/20173/23/2017
11/30/2016Quarterly$0.105.68%12/13/201612/15/201612/22/2016
9/1/2016quarterly$0.2011.19%9/8/20169/12/20169/19/2016
6/2/2016quarterly$0.4017.78%6/9/20166/13/20166/20/2016
3/2/2016special$0.353/9/20163/11/20163/18/2016
12/4/2015quarterly$0.056.43%12/16/201512/18/201512/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Frontline (NYSE:FRO)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Frontline (NYSE:FRO)
Latest Headlines for Frontline (NYSE:FRO)
Source:
DateHeadline
feeds.benzinga.com logoFRO - Invitation to Q1 2017 Results Conference Call and Webcast
feeds.benzinga.com - May 24 at 4:37 AM
finance.yahoo.com logoETFs with exposure to Frontline Ltd. : May 19, 2017
finance.yahoo.com - May 19 at 5:02 PM
reuters.com logoBRIEF-Frontline requests DHT board to commence negotiations with Frontline on its offer
www.reuters.com - May 15 at 11:28 AM
globenewswire.com logoFRO - Response from Frontline to the letter from the Board of DHT Holdings Inc ...
globenewswire.com - May 15 at 11:28 AM
finance.yahoo.com logoChina’s Imports: 12.5% Higher in First 4 Months of 2017
finance.yahoo.com - May 15 at 11:27 AM
americanbankingnews.com logoFrontline Ltd. (FRO) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 11 at 9:36 PM
feeds.benzinga.com logoDHT Holdings, Inc. Board Unanimously Rejects Unimproved Proposal from Frontline
feeds.benzinga.com - May 7 at 3:00 PM
americanbankingnews.com logoFrontline Ltd (FRO) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 5 at 10:10 PM
bizjournals.com logoResearch Reports Coverage on Shipping Stocks -- Teekay, Scorpio Bulkers, Navios Maritime, and Frontline
www.bizjournals.com - May 3 at 8:11 AM
americanbankingnews.com logoFrontline (FRO) Getting Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 29 at 11:09 PM
feeds.benzinga.com logoDHT Holdings, Inc. Announces that Frontline's Request for a TRO has been Denied
feeds.benzinga.com - April 28 at 2:49 PM
News IconBRIEF-Frontline approached board of directors of DHT to consider proposed new business combination
www.businessinsider.com - April 27 at 5:51 PM
globenewswire.com logoFRO - Filing of Complaint
globenewswire.com - April 27 at 5:51 PM
feeds.benzinga.com logoDHT Holdings, Inc. Frontline Drops New York Lawsuit and Seeks New Forum in the Marshall Islands
feeds.benzinga.com - April 27 at 3:49 AM
benzinga.com logoWall Street's M&A Chatter From April 25: Straight Path, Deckers ... - Benzinga
www.benzinga.com - April 26 at 8:07 PM
streetinsider.com logoForm 425 DHT Holdings, Inc. Filed by: FRONTLINE LTD / - StreetInsider.com
www.streetinsider.com - April 26 at 8:07 PM
americanbankingnews.com logoFrontline (FRO) Given Daily News Sentiment Rating of -0.08
www.americanbankingnews.com - April 26 at 1:50 PM
feeds.benzinga.com logoDHT Holdings, Inc. Announces Receipt of Unimproved Proposal from Frontline
feeds.benzinga.com - April 26 at 4:04 AM
seekingalpha.com logoFrontline ups deal offer for rival DHT
seekingalpha.com - April 25 at 8:28 PM
americanbankingnews.com logoFrontline Ltd (FRO) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 25 at 4:28 PM
nasdaq.com logoThis Stock Has A 9.05% Yield And Sells For Less Than Book - Nasdaq
www.nasdaq.com - April 24 at 8:06 AM
americanbankingnews.com logoSomewhat Negative Media Coverage Likely to Impact Frontline (FRO) Share Price
www.americanbankingnews.com - April 23 at 4:47 PM
seekingalpha.com logoJudge rejects Frontline's bid to block DHT deal
seekingalpha.com - April 20 at 7:40 PM
americanbankingnews.com logoFrontline (FRO) Getting Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 5:10 PM
feeds.benzinga.com logoDHT Holdings, Inc.: Court Rejects Frontline's Attempt to Stop DHT's Acquisition of VLCC Fleet
feeds.benzinga.com - April 20 at 11:59 AM
finance.yahoo.com logoETFs with exposure to Frontline Ltd. : April 13, 2017
finance.yahoo.com - April 13 at 5:09 PM
finance.yahoo.com logoFrontline Ltd. – Value Analysis (NYSE:FRO) : April 12, 2017
finance.yahoo.com - April 12 at 5:20 PM
finance.yahoo.com logoFrontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : April 11, 2017
finance.yahoo.com - April 11 at 12:24 PM
americanbankingnews.com logoFrontline Ltd. (FRO) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 31 at 12:35 PM
reuters.com logoBRIEF-Accel Frontline gets members' nod to sell/dispose entire stake of unit
www.reuters.com - March 29 at 11:19 AM
nasdaq.com logoCommit To Buy Frontline At $5, Earn 12% Using Options
www.nasdaq.com - March 22 at 5:30 PM
finance.yahoo.com logoFRONTLINE LTD / Financials
finance.yahoo.com - March 22 at 5:30 PM
bloomberg.com logoRival Drilling Tycoons Place Bets on Offshore Oil-Rig Recovery
www.bloomberg.com - March 20 at 7:24 PM
bloomberg.com logoCathay Plans 30% Staff Cost Cuts at Head Office Under Reform
www.bloomberg.com - March 17 at 6:57 AM
reuters.com logoBRIEF-Accel Frontline says certain disputes related to Accel Ltd has been resolved
www.reuters.com - March 16 at 11:38 PM
nasdaq.com logoFrontline Ltd. (FRO) Ex-Dividend Date Scheduled for March 09, 2017 - Nasdaq
www.nasdaq.com - March 10 at 11:26 PM
seekingalpha.com logoFrontline goes ex-dividend tomorrow
seekingalpha.com - March 8 at 6:45 AM
nasdaq.com logoFRO - Frontline Ltd. reports results for the fourth quarter and year ended ...
www.nasdaq.com - March 1 at 10:00 PM
wsj.com logoNorwegian Shipping Companies Frontline, DHT to Talk Over Hostile Bid
www.wsj.com - March 1 at 4:59 PM
ft.com logo[$$] SeaDrill slumps after Chapter 11 warning
www.ft.com - March 1 at 4:59 PM
wsj.com logo[$$] Shipping Rivals Frontline, DHT to Talk Over Hostile Bid
www.wsj.com - March 1 at 4:59 PM
seekingalpha.com logoTop brass from Frontline and DHT to meet
seekingalpha.com - March 1 at 1:59 PM
News IconBRIEF-Tanker firm Frontline says DHT Holdings rejected an improved offer
www.businessinsider.com - March 1 at 12:25 PM
feeds.benzinga.com logoWall Street's M&A Chatter From February 28
feeds.benzinga.com - March 1 at 7:16 AM
streetinsider.com logoDHT Holdings (DHT) Unanimously Rejects Revised Proposal from Frontline
www.streetinsider.com - February 28 at 5:27 PM
seekingalpha.com logoFrontline Ltd. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 28 at 5:27 PM
seekingalpha.com logoDHT Holdings rejects Frontline again
seekingalpha.com - February 28 at 3:19 PM
feeds.benzinga.com logoFRO - Frontline Ltd. reports results for the fourth quarter and year ended December 31, 2016
feeds.benzinga.com - February 28 at 4:17 AM
bizjournals.com logoTechnical Reports on Shipping Equities -- Teekay Tankers, Diana Containerships, Frontline, and Global Ship Lease
www.bizjournals.com - February 24 at 11:11 AM
forbes.com logoThe U.S. Has Never Had A Tax On Exports
www.forbes.com - February 13 at 11:25 AM

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Chart

Frontline (FRO) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff