NYSE:FRO - Frontline Stock Price, Forecast & News

Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO."

Frontline declared a -- dividend on Wednesday, December 4th. Shareholders of record on Wednesday, December 11th will be paid a dividend of $0.10 per share on Friday, December 20th. The ex-dividend date of this dividend is Tuesday, December 10th. View Frontline's Dividend History.

Frontline Ltd (NYSE:FRO) announced its quarterly earnings results on Wednesday, November, 27th. The shipping company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.03 by $0.09. The shipping company earned $187.64 million during the quarter, compared to the consensus estimate of $106.40 million. Frontline had a return on equity of 5.56% and a net margin of 6.76%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the company earned ($0.05) earnings per share. View Frontline's Earnings History.

Frontline is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Frontline.

6 analysts have issued twelve-month price targets for Frontline's shares. Their forecasts range from $8.00 to $18.00. On average, they expect Frontline's stock price to reach $12.00 in the next twelve months. This suggests that the stock has a possible downside of 3.1%. View Analyst Price Targets for Frontline.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Frontline.

Media coverage about FRO stock has trended neutral recently, according to InfoTrie. InfoTrie ranks 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 negative five to positive five, with scores nearest to five being the most favorable. Frontline earned a news impact score of 0.5 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Frontline.

Frontline saw a decline in short interest in December. As of December 13th, there was short interest totalling 3,140,000 shares, a decline of 15.1% from the November 28th total of 3,700,000 shares. Based on an average daily volume of 1,490,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.5% of the company's shares are sold short. View Frontline's Current Options Chain.

Some companies that are related to Frontline include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Scorpio Tankers (STNG), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), Golden Ocean Group (GOGL), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT) and Teekay (TK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Frontline investors own include AT&T (T), Beazer Homes USA (BZH), Western Asset Mortgage Capital (WMC), AGNC Investment (AGNC), Ship Finance International (SFL), Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), SunCoke Energy Partners (SXCP), DHT (DHT) and Nordic American Tanker (nat).

Frontline's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Sciencast Management LP (0.01%).

FRO stock was purchased by a variety of institutional investors in the last quarter, including Sciencast Management LP.

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.

One share of FRO stock can currently be purchased for approximately $12.38.

Frontline has a market capitalization of $2.37 billion and generates $742.27 million in revenue each year. The shipping company earns $-8,880,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Frontline employs 145 workers across the globe.View Additional Information About Frontline.

The official website for Frontline is http://www.frontline.bm/.

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