Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. As of December 31, 2017, the company's fleet consisted of 61 vessels, including VLCC, 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.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
SymbolNYSE:FRO
CUSIPG3682E12
Phone441-295-6935
Debt
Debt-to-Equity Ratio1.60
Current Ratio1.25
Quick Ratio1.25
Price-To-Earnings
Trailing P/E Ratio-201.67
Forward P/E Ratio-13.75
P/E GrowthN/A
Sales & Book Value
Annual Sales$646.33 million
Price / Sales1.59
Cash Flow$0.9057 per share
Price / Cash6.68
Book Value$6.99 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)($0.03)
Net Income$-264,860,000.00
Net Margins-47.83%
Return on Equity-3.50%
Return on Assets-1.41%
Miscellaneous
Employees128
Outstanding Shares169,800,000
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) issued its quarterly earnings data on Thursday, May, 31st. The shipping company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.09. The shipping company had revenue of $80.58 million for the quarter, compared to analyst estimates of $76.64 million. Frontline had a negative return on equity of 3.50% and a negative net margin of 47.83%. View Frontline's Earnings History.
When is Frontline's next earnings date?
What price target have analysts set for FRO?
5 Wall Street analysts have issued 12 month price targets for Frontline's shares. Their predictions range from $4.00 to $7.00. On average, they expect Frontline's share price to reach $5.3333 in the next year. View Analyst Ratings for Frontline.
Who are some of Frontline's key competitors?
Some companies that are related to Frontline include Ship Finance International (SFL), Euronav (EURN), Pac BASIN SHIPP/ADR (PCFBY), SEASPAN Corp/SH SH (SSW), Seacor (CKH), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Gener8 Maritime (GNRT) and Diana Shipping (DSX).
Who are Frontline's key executives?
Frontline's management team includes the folowing people:
- Mr. John Fredriksen, Chairman & Pres (Age 74)
- Mr. Robert Hvide Macleod, Principal Exec. Officer, Director & CEO of Frontline Management AS (Age 38)
- Mrs. Inger Marie Klemp, Principal Financial Officer & CFO of Frontline Management AS (Age 54)
- Ms. Georgina E. Sousa, Sec. & Director (Age 67)
- Aage Kr. Østern, VP of Fin. - Frontline Management AS
Has Frontline been receiving favorable news coverage?
News articles about FRO stock have trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Frontline earned a media sentiment score of 0.12 on Accern's scale. They also assigned media coverage about the shipping company an impact score of 44.47 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Frontline's major shareholders?
Frontline's stock is owned by many different of institutional and retail investors. Top institutional investors include Evermore Global Advisors LLC (3.29%), BlackRock Inc. (2.04%), Northern Trust Corp (1.39%), Russell Investments Group Ltd. (0.15%), Jane Street Group LLC (0.10%) and Guggenheim Capital LLC (0.08%). View Institutional Ownership Trends for Frontline.
Which institutional investors are selling Frontline stock?
Which institutional investors are buying Frontline stock?
FRO stock was bought by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Russell Investments Group Ltd., Susquehanna Fundamental Investments LLC and UBS Group AG. View Insider Buying and Selling for Frontline.
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 $6.05.
How big of a company is Frontline?
Frontline has a market capitalization of $930.52 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.
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 (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.
