Frontline - FRO Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. 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.

3 equities research analysts have issued 1 year target prices 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 $14.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts price targets for FRO or view top-rated stocks among Wall Street analysts.

Frontline's stock was trading at $7.07 at the beginning of the year. Since then, FRO stock has increased by 104.0% and is now trading at $14.42.
View the best growth stocks for 2022 here.

Frontline saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 16,070,000 shares, an increase of 27.1% from the October 31st total of 12,640,000 shares. Based on an average trading volume of 3,660,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 13.0% of the shares of the company are sold short.
View Frontline's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, December 5th 2022.
View our FRO earnings forecast.

Frontline Ltd. (NYSE:FRO) announced its earnings results on Wednesday, November, 30th. The shipping company reported $0.37 EPS for the quarter. The shipping company had revenue of $208.84 million for the quarter, compared to analyst estimates of $247.82 million. Frontline had a net margin of 22.67% and a trailing twelve-month return on equity of 6.81%.

Frontline announced a quarterly dividend on Thursday, August 25th. Investors of record on Friday, September 16th will be paid a dividend of $0.15 per share on Monday, October 3rd. This represents a $0.60 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend is Thursday, September 15th.
Read our dividend analysis for FRO.

Frontline (NYSE:FRO) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.16%. 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.

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).

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

Frontline's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Folketrygdfondet (4.46%), BlackRock Inc. (2.76%), Vanguard Group Inc. (2.12%), Renaissance Technologies LLC (2.04%), Mirabella Financial Services LLP (1.62%) and Two Sigma Investments LP (1.34%).

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.
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One share of FRO stock can currently be purchased for approximately $14.42.

Frontline (NYSE:FRO) has a market capitalization of $3.21 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.

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 (441) 295-6935, via email at ir@frontmgt.no, or via fax at 441-295-3494.