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NYSE:FROFrontline Stock Price, Forecast & News

$8.07
-0.05 (-0.62 %)
(As of 05/25/2020 10:38 AM ET)
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Today's Range
$7.80
Now: $8.07
$8.09
50-Day Range
$7.23
MA: $8.81
$10.95
52-Week Range
$6.09
Now: $8.07
$13.33
Volume4.64 million shs
Average Volume5.94 million shs
Market Capitalization$1.59 billion
P/E Ratio6.02
Dividend Yield19.83%
Beta0.48
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, 2018, the company's fleet consisted of 61 vessels, which included very large crude carrier, Suezmax, and LR2/Aframax tankers with an aggregate capacity of approximately 11.6 million deadweight ton. It is also involved in the charter, purchase, and sale of vessels. The company is based in Hamilton, Bermuda.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
CUSIPG3682E12
Phone441-295-6935

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$957.32 million
Cash Flow$1.37 per share
Book Value$7.67 per share

Profitability

Net Income$139.97 million

Miscellaneous

Employees145
Market Cap$1.59 billion
Next Earnings Date8/25/2020 (Estimated)
OptionableOptionable

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Frontline (NYSE:FRO) Frequently Asked Questions

How has Frontline's stock been impacted by COVID-19 (Coronavirus)?

Frontline's stock was trading at $9.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FRO stock has decreased by 12.1% and is now trading at $8.07. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Frontline?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Frontline.

When is Frontline's next earnings date?

Frontline is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Frontline.

How were Frontline's earnings last quarter?

Frontline Ltd (NYSE:FRO) issued its quarterly earnings data on Wednesday, May, 20th. The shipping company reported $0.91 EPS for the quarter, missing analysts' consensus estimates of $0.95 by $0.04. The shipping company had revenue of $288.52 million for the quarter, compared to the consensus estimate of $299.09 million. Frontline had a net margin of 23.46% and a return on equity of 21.63%. During the same period in the prior year, the company posted $0.27 EPS. View Frontline's earnings history.

How often does Frontline pay dividends? What is the dividend yield for Frontline?

Frontline announced a quarterly dividend on Wednesday, May 20th. Investors of record on Thursday, June 4th will be paid a dividend of $0.70 per share on Monday, June 22nd. This represents a $2.80 annualized dividend and a yield of 34.70%. The ex-dividend date of this dividend is Wednesday, June 3rd. This is a boost from Frontline's previous quarterly dividend of $0.40. View Frontline's dividend history.

What price target have analysts set for FRO?

5 analysts have issued twelve-month price targets for Frontline's shares. Their forecasts range from $8.75 to $18.00. On average, they expect Frontline's share price to reach $12.69 in the next year. This suggests a possible upside of 57.2% from the stock's current price. View analysts' price targets for Frontline.

Has Frontline been receiving favorable news coverage?

Media headlines about FRO stock have been trending somewhat positive this week, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Frontline earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutFrontline.

Are investors shorting Frontline?

Frontline saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,780,000 shares, an increase of 10.6% from the April 30th total of 4,320,000 shares. Based on an average daily volume of 4,480,000 shares, the short-interest ratio is presently 1.1 days. Approximately 4.9% of the shares of the company are short sold. View Frontline's Current Options Chain.

Who are some of Frontline's key competitors?

What other stocks do shareholders of Frontline own?

Who are Frontline's key executives?

Frontline's management team includes the following people:
  • Mr. John Fredriksen, Chairman & Pres (Age 75)
  • Mr. Robert Hvide Macleod, Principal Exec. Officer & Director (Age 39)
  • Ms. Inger Marie Klemp, Principal Financial Officer (Age 55)

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 institutional and retail investors. Top institutional investors include Odey Asset Management Group Ltd (1.28%), JPMorgan Chase & Co. (1.04%), Phoenix Holdings Ltd. (0.82%), Victory Capital Management Inc. (0.63%), Victory Capital Management Inc. (0.63%) and Connor Clark & Lunn Investment Management Ltd. (0.40%).

Which major investors are selling Frontline stock?

FRO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Skandinaviska Enskilda Banken AB publ , Victory Capital Management Inc., Victory Capital Management Inc., Deutsche Bank AG, GSA Capital Partners LLP, Invesco Ltd., and Morgan Stanley.

Which major investors are buying Frontline stock?

FRO stock was bought by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Pictet Asset Management Ltd., Arosa Capital Management LP, Balyasny Asset Management LLC, Hartree Partners LP, Waratah Capital Advisors Ltd., Precept Management LLC, and BlackRock Inc..

How do I buy shares of Frontline?

Shares of FRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Frontline's stock price today?

One share of FRO stock can currently be purchased for approximately $8.07.

How big of a company is Frontline?

Frontline has a market capitalization of $1.59 billion and generates $957.32 million in revenue each year. The shipping company earns $139.97 million in net income (profit) each year or $0.82 on an earnings per share basis. Frontline employs 145 workers across the globe.

What is Frontline's official website?

The official website for Frontline is www.frontline.bm.

How can I contact Frontline?

Frontline's mailing address is PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON D0, HM 08. The shipping company can be reached via phone at 441-295-6935 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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