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“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
NYSE:FRO

Frontline - FRO Stock Forecast, Price & News

$14.58
+0.06 (+0.41%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$14.45
$14.87
50-Day Range
$10.68
$14.58
52-Week Range
$6.68
$14.86
Volume
2.20 million shs
Average Volume
5.71 million shs
Market Capitalization
$3.25 billion
P/E Ratio
12.46
Dividend Yield
4.14%
Price Target
$14.50

Frontline MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
0.5% Downside
$14.50 Price Target
Short Interest
Healthy
12.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.07mentions of Frontline in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
78.21%
From $1.56 to $2.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Transportation Sector

41st out of 121 stocks

Deep Sea Foreign Transportation Of Freight Industry

14th out of 29 stocks

FRO stock logo

About Frontline (NYSE:FRO) Stock

Frontline 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.

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FRO Stock News Headlines

Is Frontline plc's (NYSE:FRO) 12% ROE Worse Than Average?
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Frontline Unusual Options Activity
See More Headlines
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FRO Company Calendar

Last Earnings
11/30/2022
Today
2/03/2023
Next Earnings (Estimated)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G3682E12
Employees
79
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$14.50
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-0.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-11,150,000.00
Pretax Margin
23.11%

Debt

Sales & Book Value

Annual Sales
$749.38 million
Cash Flow
$0.46 per share
Book Value
$8.12 per share

Miscellaneous

Free Float
115,586,000
Market Cap
$3.25 billion
Optionable
Optionable
Beta
0.32

Social Links


Key Executives

  • Lars H. Barstad
    Chief Executive Officer
  • John Fredriksen
    President & Director
  • Inger Marie Klemp
    Chief Financial Officer













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 twelve months. 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 Wall Street analysts have issued 1-year price targets for Frontline's stock. Their FRO share price forecasts range from $10.00 to $17.00. On average, they expect the company's stock price to reach $14.50 in the next twelve months. This suggests that the stock has a possible downside of 0.5%.
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 at the start of the year. Since then, FRO stock has increased by 20.1% and is now trading at $14.58.
View the best growth stocks for 2023 here
.

Are investors shorting Frontline?

Frontline saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 17,300,000 shares, a decrease of 35.0% from the December 31st total of 26,620,000 shares. Based on an average trading volume of 4,920,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 12.1% 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 Thursday, February 16th 2023.
View our FRO earnings forecast
.

How were Frontline's earnings last quarter?

Frontline plc (NYSE:FRO) released its quarterly earnings results on Wednesday, November, 30th. The shipping company reported $0.37 earnings per share for the quarter. The shipping company had revenue of $208.84 million for the quarter, compared to the consensus estimate of $247.82 million. Frontline had a net margin of 22.67% and a trailing twelve-month return on equity of 6.55%.

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

Frontline announced a quarterly dividend on Thursday, August 25th. Shareholders of record on Friday, September 16th will be given a dividend of $0.15 per share on Monday, October 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for FRO
.

Is Frontline a good dividend stock?

Frontline (NYSE:FRO) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.14%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRO will have a dividend payout ratio of 21.58% next year. This indicates that the company will be able to sustain or increase its 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 a variety of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.45%), Simplex Trading LLC (0.00%), DAVENPORT & Co LLC (0.26%), Navellier & Associates Inc. (0.06%), Evermore Global Advisors LLC (0.03%) and Larson Financial Group LLC (0.01%).

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 $14.58.

How much money does Frontline make?

Frontline (NYSE:FRO) has a market capitalization of $3.25 billion and generates $749.38 million in revenue each year. The shipping company earns $-11,150,000.00 in net income (profit) each year or $1.17 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 2/4/2023 by MarketBeat.com Staff