NYSE:FRO Frontline - FRO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Frontline plc Please log in to your account or sign up in order to add this asset to your watchlist. $13.94 +0.57 (+4.26%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.45▼$14.0050-Day Range$10.68▼$14.4352-Week Range$6.40▼$14.85Volume3.01 million shsAverage Volume5.91 million shsMarket Capitalization$3.10 billionP/E Ratio11.91Dividend Yield4.49%Price Target$14.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Frontline MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside4.0% Upside$14.50 Price TargetShort InterestHealthy12.10% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.34Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth78.21%From $1.56 to $2.78 Per ShareSee Full Details Hide Full Details 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 starsTransportation Sector44th out of 124 stocksDeep Sea Foreign Transportation Of Freight Industry17th out of 30 stocks 1.2 Analyst's Opinion Consensus RatingFrontline has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.50, Frontline has a forecasted upside of 4.0% from its current price of $13.94.Amount of Analyst CoverageFrontline has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted12.10% of the float of Frontline has been sold short.Short Interest Ratio / Days to CoverFrontline has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Frontline has recently decreased by 35.01%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFrontline is a leading dividend payer. It pays a dividend yield of 4.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFrontline does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Frontline is 51.28%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Frontline will have a dividend payout ratio of 21.58% next year. This indicates that Frontline will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRO. Previous Next 2.4 News and Social Media Coverage News SentimentFrontline has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Frontline this week, compared to 1 article on an average week.Search Interest23 people have searched for FRO on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Frontline to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Frontline insiders have not sold or bought any company stock.Percentage Held by Insiders48.08% of the stock of Frontline is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 35.91% of the stock of Frontline is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Frontline are expected to grow by 78.21% in the coming year, from $1.56 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Frontline is 11.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Frontline is 11.91, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 24.38.Price to Book Value per Share RatioFrontline has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Frontline (NYSE:FRO) StockFrontline 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.Read More Receive FRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Frontline and its competitors with MarketBeat's FREE daily newsletter. Email Address FRO Stock News HeadlinesJanuary 25, 2023 | americanbankingnews.comFrontline plc (NYSE:FRO) Sees Significant Increase in Short InterestJanuary 11, 2023 | finance.yahoo.comIs There An Opportunity With Frontline plc's (NYSE:FRO) 45% Undervaluation?January 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.January 10, 2023 | fool.comWhy Frontline Stock Is Soaring While Euronav's Is Plunging TodayJanuary 10, 2023 | finance.yahoo.comEuronav tumbles after Frontline abandons tanker merger dealDecember 9, 2022 | finance.yahoo.comFrontline Ltd.'s (NYSE:FRO) institutional investors lost 4.9% over the past week but have profited from longer-term gainsDecember 6, 2022 | finance.yahoo.comFrontline Ltd. (NYSE:FRO) Q3 2022 Earnings Call TranscriptDecember 3, 2022 | finance.yahoo.comRussia Will Rely on ‘Shadow’ Tanker Fleet to Keep Oil FlowingJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.November 30, 2022 | benzinga.comFrontline Unusual Options ActivityNovember 28, 2022 | 247wallst.comEarnings Previews: Frontline, KE Holdings, North American TankersNovember 9, 2022 | finance.yahoo.comReturns On Capital At Frontline (NYSE:FRO) Paint A Concerning PictureOctober 10, 2022 | finance.yahoo.comFrontline's (NYSE:FRO) investors will be pleased with their strong 122% return over the last five yearsSeptember 3, 2022 | nasdaq.comIndustry Analysts Just Upgraded Their Frontline Ltd. (NYSE:FRO) Revenue Forecasts By 15% - NasdaqAugust 27, 2022 | finance.yahoo.comAnalysts' Revenue Estimates For Frontline Ltd. (NYSE:FRO) Are Surging Higher - Yahoo FinanceAugust 27, 2022 | finance.yahoo.comAnalysts' Revenue Estimates For Frontline Ltd. (NYSE:FRO) Are Surging HigherAugust 26, 2022 | seekingalpha.comFrontline Q2 2022 Earnings Preview (NYSE:FRO) - Seeking AlphaAugust 26, 2022 | seekingalpha.comFrontline Stock: A 'Shoulder Quarter' For Oil Demand (NYSE:FRO) - Seeking AlphaAugust 26, 2022 | finance.yahoo.comWith A 3.4% Return On Equity, Is Frontline Ltd. (NYSE:FRO) A Quality Stock?August 3, 2022 | finance.yahoo.comA Look At The Intrinsic Value Of Frontline Ltd. (NYSE:FRO)July 11, 2022 | globenewswire.comFRO - Frontline Ltd. considers voluntary public takeover bid on Euronav NV - GlobeNewswireJuly 11, 2022 | finance.yahoo.comFrontline and Euronav tweak $4bn merger terms in face of oppositionJuly 11, 2022 | reuters.comOil tanker owners Frontline and Euronav sign merger deal - Reuters.comJuly 11, 2022 | finance.yahoo.comTanker operators Frontline and Euronav reach $4 billion merger dealJuly 2, 2022 | finance.yahoo.comHere's What Frontline Ltd.'s (NYSE:FRO) Shareholder Ownership Structure Looks LikeJune 2, 2022 | finance.yahoo.comHere's What's Concerning About Frontline's (NYSE:FRO) Returns On CapitalJune 1, 2022 | seekingalpha.comFrontline Ltd. Stock: Better Days Ahead (NYSE:FRO) - Seeking AlphaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Frontline and its competitors with MarketBeat's FREE daily newsletter. Email Address FRO Company Calendar Last Earnings11/30/2022Today1/29/2023Next Earnings (Estimated)2/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:FRO CUSIPG3682E12 CIK913290 Webwww.frontline.bm Phone(572) 558-8767Fax441-295-3494Employees79Year Founded1985Price 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 RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio11.91 Forward P/E Ratio8.94 P/E GrowthN/ANet Income$-11,150,000.00 Net Margins22.67% Pretax Margin23.11% Return on Equity6.55% Return on Assets2.78% Debt Debt-to-Equity Ratio1.03 Current Ratio1.63 Quick Ratio1.63 Sales & Book Value Annual Sales$749.38 million Price / Sales4.14 Cash Flow$0.48 per share Price / Cash Flow29.31 Book Value$8.12 per share Price / Book1.72Miscellaneous Outstanding Shares222,620,000Free Float115,586,000Market Cap$3.10 billion OptionableOptionable Beta0.28 Social Links Key ExecutivesLars H. BarstadChief Executive OfficerJohn FredriksenPresident & DirectorInger Marie KlempChief Financial OfficerKey CompetitorsScorpio TankersNYSE:STNGSFLNYSE:SFLEuronavNYSE:EURNStar Bulk CarriersNASDAQ:SBLKZIM Integrated Shipping ServicesNYSE:ZIMView All CompetitorsInsiders & InstitutionsDAVENPORT & Co LLCBought 582,953 shares on 1/20/2023Ownership: 0.262%Evermore Global Advisors LLCSold 7,450 shares on 1/18/2023Ownership: 0.030%Syquant Capital SasBought 10,484 shares on 1/17/2023Ownership: 0.005%MQS Management LLCBought 14,137 shares on 12/12/2022Ownership: 0.006%Bank of New York Mellon CorpBought 2,020,869 shares on 12/8/2022Ownership: 1.060%View All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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