Frontline Ltd. 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 Hamilton, Bermuda.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
Phone441-295-6935
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$646.33 million
Profitability
Miscellaneous
Employees128
OptionableOptionable
Frontline (NYSE:FRO) Frequently Asked Questions
What is Frontline's stock symbol?
Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO."
How were Frontline's earnings last quarter?
Frontline Ltd (NYSE:FRO) posted its earnings results on Wednesday, August, 22nd. The shipping company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.05. The shipping company earned $166.82 million during the quarter, compared to analysts' expectations of $62.63 million. Frontline had a negative return on equity of 3.87% and a negative net margin of 40.17%. The business's revenue was up 11.1% on a year-over-year basis. View Frontline's Earnings History.
When is Frontline's next earnings date?
What price target have analysts set for FRO?
7 analysts have issued 12 month price targets for Frontline's shares. Their forecasts range from $5.50 to $7.30. On average, they anticipate Frontline's share price to reach $6.36 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Frontline.
What is the consensus analysts' recommendation for Frontline?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Frontline.
Has Frontline been receiving favorable news coverage?
News headlines about FRO stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Frontline earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are some of Frontline's key competitors?
Some companies that are related to Frontline include Ship Finance International (SFL), Euronav (EURN), SEASPAN CORP/SH SH (SSW), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), COSTAMARE INC/SH (CMRE), DHT (DHT), Navigator (NVGS), Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Eagle Bulk Shipping (EGLE), Genco Shipping & Trading (GNK) and Dorian LPG (LPG).
Who are Frontline's key executives?
Frontline's management team includes the folowing people:
- John Fredriksen, Chairman, President & Chief Executive Officer
- Inger Marie Klemp, Principal Financial Officer
- Olav Eikrem, Technical Director
- Claire Burnard, Senior Corporate Administrator
Who are Frontline's major shareholders?
Frontline's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (3.26%), BlackRock Inc. (2.20%), Odey Asset Management Group Ltd (2.02%), Northern Trust Corp (1.42%), GAM Holding AG (0.58%) and Geode Capital Management LLC (0.17%).
Which major investors are selling Frontline stock?
FRO stock was sold by a variety of institutional investors in the last quarter, including GAM Holding AG, Evermore Global Advisors LLC, Bank of America Corp DE, GSA Capital Partners LLP, D. E. Shaw & Co. Inc., Macquarie Group Ltd. and Northern Trust Corp.
Which major investors are buying Frontline stock?
FRO stock was purchased by a variety of institutional investors in the last quarter, including Odey Asset Management Group Ltd, Jane Street Group LLC, BlackRock Inc., Geode Capital Management LLC, Rhumbline Advisers, OLD Mission Capital LLC, Virtu Financial LLC and Legal & General Group Plc.
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, Scottrade, Fidelity and Charles Schwab.
What is Frontline's stock price today?
One share of FRO stock can currently be purchased for approximately $5.85.
How big of a company is Frontline?
Frontline has a market capitalization of $993.35 million and generates $646.33 million in revenue each year. The shipping company earns $-264,860,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Frontline employs 128 workers across the globe.
What is Frontline's official website?
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]
MarketBeat Community Rating for Frontline (NYSE FRO)
MarketBeat's community ratings are surveys of what our community members think about Frontline and other stocks. Vote "Outperform" if you believe FRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
