Frontline - FRO Stock Forecast, Price & News

3 Wall Street equities 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 equities 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 price targets for Frontline's stock. Their FRO share price forecasts range from $9.00 to $10.00. On average, they anticipate the company's share price to reach $9.50 in the next year. This suggests that the stock has a possible downside of 16.5%.
View analysts price targets for FRO or view top-rated stocks among Wall Street analysts.

Frontline's stock was trading at $7.07 on January 1st, 2022. Since then, FRO shares have increased by 61.0% and is now trading at $11.38.
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Frontline saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,730,000 shares, an increase of 5.9% from the July 15th total of 8,240,000 shares. Based on an average daily trading volume, of 2,890,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 7.0% of the shares of the company are short sold.
View Frontline's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our FRO earnings forecast.

Frontline Ltd. (NYSE:FRO) issued its quarterly earnings data on Tuesday, May, 24th. The shipping company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01). The shipping company had revenue of $103.79 million for the quarter, compared to the consensus estimate of $106.78 million. Frontline had a negative net margin of 1.15% and a negative trailing twelve-month return on equity of 4.01%. During the same quarter last year, the company earned $0.04 EPS.

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 (5.28%), Northern Trust Corp (0.81%), Renaissance Technologies LLC (0.50%), Connor Clark & Lunn Investment Management Ltd. (0.21%), Privium Fund Management UK Ltd (0.16%) and Swiss National Bank (0.14%).

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 $11.38.

Frontline (NYSE:FRO) has a market capitalization of $2.32 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 ($0.05) on an earnings per share basis.

Frontline was founded in 1985.

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.