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 All Access 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. $16.32 -0.12 (-0.73%) (As of 03/30/2023 04:00 PM ET) Add Compare Share Share Today's Range$16.15▼$16.5850-Day Range$13.37▼$18.9852-Week Range$7.48▼$19.29Volume1.93 million shsAverage Volume4.21 million shsMarket Capitalization$3.63 billionP/E Ratio7.59Dividend Yield26.23%Price Target$17.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Frontline MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside4.9% Upside$17.00 Price TargetShort InterestHealthy6.17% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.51Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-20.36%From $3.34 to $2.66 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.1.76 out of 5 starsTransportation Sector102nd out of 123 stocksDeep Sea Foreign Transportation Of Freight Industry27th out of 29 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 $17.00, Frontline has a forecasted upside of 4.9% from its current price of $16.20.Amount of Analyst CoverageFrontline has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted6.17% of the float of Frontline has been sold short.Short Interest Ratio / Days to CoverFrontline has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Frontline has recently decreased by 6.17%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipFrontline is a leading dividend payer. It pays a dividend yield of 25.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFrontline has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Frontline is 199.07%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Frontline will have a dividend payout ratio of 160.90% in the coming year. This indicates that Frontline may not be able to sustain their current 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 2.5 News and Social Media Coverage News SentimentFrontline has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Frontline this week, compared to 1 article on an average week.Search InterestOnly 25 people have searched for FRO on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.MarketBeat Follows27 people have added Frontline to their MarketBeat watchlist in the last 30 days. This is an increase of 125% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Frontline are expected to decrease by -20.36% in the coming year, from $3.34 to $2.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Frontline is 7.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Frontline is 7.53, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 29.79.Price to Book Value per Share RatioFrontline has a P/B Ratio of 1.59. 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 HeadlinesMarch 9, 2023 | marketbeat.comOil Tankers In Buy Range After Breaking Out Of Bases (FRO)Several oil tanker stocks are in buy range, or close to it, as the war in Ukraine and high crude prices are contributing to high earnings for tanker companies.March 30, 2023 | finance.yahoo.comInvestors in Frontline (NYSE:FRO) have made a fantastic return of 378% over the past five yearsMarch 30, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 27, 2023 | americanbankingnews.comStockNews.com Downgrades Frontline (NYSE:FRO) to SellMarch 24, 2023 | americanbankingnews.comJefferies Financial Group Equities Analysts Raise Earnings Estimates for Frontline plc (NYSE:FRO)March 10, 2023 | finance.yahoo.comFrontline plc (NYSE:FRO) Pays A US$1.07 Dividend In Just Four DaysMarch 9, 2023 | finance.yahoo.comFrontline Ltd. (NYSE:FRO) Q4 2022 Earnings Call TranscriptMarch 4, 2023 | seekingalpha.comFrontline: 2022 A Golden Year For TankersMarch 30, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 3, 2023 | finance.yahoo.comHow Russia's War On Ukraine Is Altering Global Crude Oil TradeFebruary 2, 2023 | finance.yahoo.comIs Frontline plc's (NYSE:FRO) 12% ROE Worse Than Average?January 11, 2023 | finance.yahoo.comIs There An Opportunity With Frontline plc's (NYSE:FRO) 45% Undervaluation?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 FlowingNovember 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?See 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 Earnings2/28/2023Ex-Dividend for 3/31 Dividend3/15/2023Today3/30/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/23/2023Fiscal 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$17.00 High Stock Price Forecast$22.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+4.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.15 Trailing P/E Ratio7.55 Forward P/E Ratio4.86 P/E GrowthN/ANet Income$472.72 million Net Margins33.05% Pretax Margin33.08% Return on Equity17.21% Return on Assets7.64% Debt Debt-to-Equity Ratio0.93 Current Ratio2.25 Quick Ratio1.63 Sales & Book Value Annual Sales$1.43 billion Price / Sales2.53 Cash Flow$2.15 per share Price / Cash Flow7.56 Book Value$10.19 per share Price / Book1.59Miscellaneous Outstanding Shares222,620,000Free Float115,586,000Market Cap$3.61 billion OptionableOptionable Beta0.21 Social Links Key ExecutivesLars H. BarstadChief Executive OfficerJohn FredriksenPresident & DirectorInger Marie KlempChief Financial OfficerKey CompetitorsScorpio TankersNYSE:STNGSFLNYSE:SFLEuronavNYSE:EURNZIM Integrated Shipping ServicesNYSE:ZIMTORMNASDAQ:TRMDView All CompetitorsInstitutional OwnershipNatixisBought 19,274 shares on 2/24/2023Ownership: 0.009%DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am MainSold 28,000 shares on 2/16/2023Ownership: 0.482%Alliancebernstein L.P.Bought 34,400 shares on 2/16/2023Ownership: 0.090%Point72 Middle East FZEBought 35,002 shares on 2/16/2023Ownership: 0.016%State of WyomingBought 2,328 shares on 2/16/2023Ownership: 0.001%View All Institutional Transactions FRO Stock - Frequently Asked Questions Should I buy or sell Frontline stock right now? 3 Wall Street research 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 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 2023? 3 analysts have issued 12 month price objectives for Frontline's shares. Their FRO share price forecasts range from $10.00 to $22.00. On average, they expect the company's share price to reach $17.00 in the next year. This suggests a possible upside of 4.7% 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 on January 1st, 2023. Since then, FRO shares have increased by 33.7% and is now trading at $16.23. View the best growth stocks for 2023 here. Are investors shorting Frontline? Frontline saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 8,820,000 shares, a decline of 6.2% from the February 28th total of 9,400,000 shares. Based on an average daily volume of 4,280,000 shares, the short-interest ratio is presently 2.1 days. Currently, 6.2% of the company's stock are short sold. View Frontline's Short Interest. When is Frontline's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023. View our FRO earnings forecast. How were Frontline's earnings last quarter? Frontline plc (NYSE:FRO) posted its quarterly earnings results on Tuesday, February, 28th. The shipping company reported $0.97 EPS for the quarter, missing analysts' consensus estimates of $1.08 by $0.11. The shipping company earned $530.10 million during the quarter, compared to analysts' expectations of $363.39 million. Frontline had a net margin of 33.05% and a trailing twelve-month return on equity of 17.21%. Frontline's quarterly revenue was up 148.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.02) earnings per share. How often does Frontline pay dividends? What is the dividend yield for Frontline? Frontline announced a quarterly dividend on Tuesday, February 28th. Investors of record on Thursday, March 16th will be paid a dividend of $0.30 per share on Friday, March 31st. This represents a $1.20 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date of this dividend is Wednesday, March 15th. This is a positive change from the stock's previous quarterly dividend of $0.15. Read our dividend analysis for FRO. What ETFs hold Frontline's stock? ETFs with the largest weight of Frontline (NYSE:FRO) stock in their portfolio include SonicShares Global Shipping ETF (BOAT) and Invesco Dynamic Oil & Gas Services ETF (PXJ).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE). Is Frontline a good dividend stock? Frontline (NYSE:FRO) pays an annual dividend of $4.28 per share and currently has a dividend yield of 25.66%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 199.07%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FRO will have a dividend payout ratio of 160.90% in the coming year. This indicates that the company may not be able to sustain their current 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 many different retail and institutional investors. Top institutional shareholders include Folketrygdfondet (4.06%), Two Sigma Investments LP (2.31%), Millennium Management LLC (2.01%), Two Sigma Advisers LP (2.01%), ANTIPODES PARTNERS Ltd (1.66%) and Barclays PLC (0.96%). 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 $16.23. How much money does Frontline make? Frontline (NYSE:FRO) has a market capitalization of $3.61 billion and generates $1.43 billion in revenue each year. The shipping company earns $472.72 million in net income (profit) each year or $2.15 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 (572) 558-8767, via email at ir@frontmgt.no, or via fax at 441-295-3494. This page (NYSE:FRO) was last updated on 3/30/2023 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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