Frontline - FRO Stock Forecast, Price & News

3 Wall Street 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 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 brokers have issued twelve-month 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 share price to reach $14.50 in the next year. This suggests a possible upside of 4.0% from the stock's current price.
View analysts price targets for FRO or view top-rated stocks among Wall Street analysts.

Frontline's stock was trading at $12.14 at the start of the year. Since then, FRO stock has increased by 14.8% and is now trading at $13.94.
View the best growth stocks for 2023 here.

Frontline saw a drop in short interest in January. As of January 15th, there was short interest totaling 17,300,000 shares, a drop 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. Currently, 12.1% of the company's stock are sold short.
View Frontline's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our FRO earnings forecast.

Frontline plc (NYSE:FRO) issued its quarterly earnings data 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 analyst estimates of $247.82 million. Frontline had a trailing twelve-month return on equity of 6.55% and a net margin of 22.67%.

Frontline declared a quarterly dividend on Thursday, August 25th. Stockholders 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 annualized dividend and a dividend yield of 4.30%. 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 4.49%. 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 institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (0.26%), Evermore Global Advisors LLC (0.03%) and Syquant Capital Sas (0.00%).

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 $13.94.

Frontline (NYSE:FRO) has a market capitalization of $3.10 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.