Frontline Ltd. is a shipping company. The Company is engaged in the seaborne transportation of crude oil and oil products. Its tankers segment includes crude oil tankers and product tankers. As of December 31, 2016, the Company's fleet consisted of 28 vessels owned by the Company (seven very large crude carriers (VLCCs), 10 Suezmax tankers and 11 Aframax/LR2 tankers); 13 vessels that are under capital leases (11 VLCCs and two Suezmax tankers); one VLCC that is recorded as an investment in finance lease; four vessels chartered-in for periods of 12 months, including extension options (two VLCCs and two Suezmax tankers); two VLCCs where cost/revenue is split equally with a third party (of which one is chartered-in by it and one by a third party); three medium range product tankers that are chartered-in on short term time charters with a remaining duration of less than two months, and five vessels that are under commercial management (two Suezmax tankers and three Aframax oil tankers).
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Oil & Gas Transportation Services - NEC
- Sub-Industry: Oil & Gas Storage & Transportation
- Symbol: NYSE:FRO
- CUSIP: G3682E12
- Web: www.frontline.bm
- Market Cap: $859.23 million
- Outstanding Shares: 169,809,000
- 50 Day Moving Avg: $5.71
- 200 Day Moving Avg: $6.27
- 52 Week Range: $5.00 - $8.90
Sales & Book Value:
- Trailing P/E Ratio: 13.11
- Foreward P/E Ratio: 14.34
- P/E Growth: 8.72
- Annual Revenue: $702.25 million
- Price / Sales: 1.21
- Book Value: $8.88 per share
- Price / Book: 0.57
- Annual Dividend: $0.60
- Dividend Yield: 11.9%
- EBIDTA: $313.91 million
- Net Margins: 9.25%
- Return on Equity: 8.76%
- Return on Assets: 4.26%
- Debt-to-Equity Ratio: 0.93%
- Current Ratio: 1.51%
- Quick Ratio: 1.51%
- Average Volume: 727,656 shs.
- Beta: 1.97
- Short Ratio: 6.32
Frequently Asked Questions for Frontline (NYSE:FRO)
What is Frontline's stock symbol?
Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO."
How often does Frontline pay dividends? What is the dividend yield for Frontline?
Frontline declared a quarterly dividend on Tuesday, May 30th. Investors of record on Monday, June 12th will be given a dividend of $0.15 per share on Wednesday, June 21st. This represents a $0.60 dividend on an annualized basis and a yield of 11.95%. The ex-dividend date of this dividend is Thursday, June 8th. View Frontline's Dividend History.
How were Frontline's earnings last quarter?
Frontline Ltd. (NYSE:FRO) posted its quarterly earnings data on Tuesday, May, 30th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. The firm had revenue of $121.94 million for the quarter, compared to analyst estimates of $103.70 million. Frontline had a return on equity of 8.76% and a net margin of 9.25%. View Frontline's Earnings History.
When will Frontline make its next earnings announcement?
Where is Frontline's stock going? Where will Frontline's stock price be in 2017?
5 analysts have issued 12-month price targets for Frontline's shares. Their forecasts range from $4.00 to $8.00. On average, they expect Frontline's share price to reach $6.25 in the next twelve months. View Analyst Ratings for Frontline.
Who are some of Frontline's key competitors?
Some companies that are related to Frontline include Western Refining Logistics, LP (WNRL), Summit Midstream Partners, LP (SMLP), Tallgrass Energy GP, LP (TEGP), Ship Finance International Limited (SFL), Enbridge Energy Management LLC (EEQ), Crestwood Midstream Partners LP (CMLP), Noble Midstream Partners LP (NBLX), PBF Logistics LP (PBFX), Delek Logistics Partners, L.P. (DKL), VTTI Energy Partners LP (VTTI), Teekay Offshore Partners L.P. (TOO), Blueknight Energy Partners L.P., L.L.C. (BKEP), Teekay Tankers (TNK), Southcross Energy Partners, L.P. (SXE), Columbia Pipeline Group (CPGX), Columbia Pipeline Partners LP (CPPL), Penntex Midstream Partners LP (PTXP) and QEP Midstream Partners LP (QEPM).
Who are Frontline's key executives?
Frontline's management team includes the folowing people:
- John Fredriksen, Chairman, President and Director
- Robert Hvide Macleod, Chief Executive Officer for Frontline Management AS, Director
- Inger Marie Klemp, Chief Financial Officer of Frontline Management AS
- Ola Lorentzon, Director
- Ted Mitchell, Director
- Georgina E. Sousa, Director
- Kate Blankenship, Independent Director
Who owns Frontline stock?
Frontline's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Evermore Global Advisors LLC (2.28%), Northern Trust Corp (1.06%), Lingohr & Partner Asset Management GmbH (0.98%), Folketrygdfondet (0.76%), State Street Corp (0.76%) and Cipher Capital LP (0.29%). View Institutional Ownership Trends for Frontline.
Who sold Frontline stock? Who is selling Frontline stock?
Frontline's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nationwide Fund Advisors, Russell Investments Group Ltd., Lingohr & Partner Asset Management GmbH, Royal Bank of Canada, California State Teachers Retirement System and New York State Common Retirement Fund. View Insider Buying and Selling for Frontline.
Who bought Frontline stock? Who is buying Frontline stock?
Frontline's stock was acquired by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Northern Trust Corp, State Street Corp, DekaBank Deutsche Girozentrale, Cipher Capital LP, Wells Fargo & Company MN, Parametric Portfolio Associates LLC and Alliancebernstein L.P.. View Insider Buying and Selling for Frontline.
How do I buy Frontline stock?
Shares of Frontline can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Frontline's stock price today?
MarketBeat Community Rating for Frontline (NYSE FRO)MarketBeat's community ratings are surveys of what our community members think about Frontline and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Frontline stock can currently be purchased for approximately $5.02.
Consensus Ratings for Frontline (NYSE:FRO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$6.25 (24.50% upside)|
Analysts' Ratings History for Frontline (NYSE:FRO)
(Data available from 8/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/21/2017||Evercore ISI||Downgrade||In-Line -> Underperform||$6.00 -> $4.00||High|
|5/31/2017||Credit Suisse Group||Lower Price Target||Neutral||$8.00 -> $6.00||Medium|
|5/31/2017||Seaport Global Securities||Upgrade||Neutral -> Buy||$8.00||Low|
|9/27/2016||Wells Fargo & Company||Reiterated Rating||Hold||N/A|
|8/26/2016||Morgan Stanley||Reiterated Rating||Equal Weight||$10.00 -> $7.00||N/A|
|6/17/2016||Clarkson Capital||Reiterated Rating||Buy||N/A|
|1/14/2016||Nordea Equity Research||Upgrade||Hold -> Buy||N/A|
|1/13/2016||DNB Markets||Upgrade||Hold -> Buy||N/A|
|1/4/2016||Deutsche Bank AG||Reiterated Rating||Hold||$10.00 -> $15.00||N/A|
Earnings History for Frontline (NYSE:FRO)Earnings History by Quarter for Frontline (NYSE FRO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/30/2017|| || || || || || || || |
|5/30/2017||3/31/2017||$0.12||$0.16||$103.70 million||$121.94 million||View||N/A|
|2/28/2017||Q416||$0.08||$0.22||$100.70 million||$128.15 million||View||Listen|
|11/29/2016||Q316||$0.10||$0.11||$130.80 million||$113.17 million||View||N/A|
|8/31/2016||Q216||$0.27||$0.31||$149.80 million||$159.77 million||View||Listen|
|2/29/2016||Q415||$0.59||$0.37||$192.22 million||$154.00 million||View||Listen|
|11/24/2015||Q315||$0.08||$0.09||$92.32 million||$92.46 million||View||Listen|
|8/26/2015||Q215||$0.24||$0.11||$97.40 million||$102.29 million||View||Listen|
|5/29/2015||Q115||$0.18||$0.25||$93.90 million||$101.15 million||View||Listen|
|2/25/2015||Q414||($0.04)||($0.12)||$92.20 million||$135.10 million||View||N/A|
|11/25/2014||Q314||($0.12)||($0.15)||$62.36 million||$135.60 million||View||N/A|
|8/28/2014||Q214||($0.27)||($0.23)||$35.61 million||$46.86 million||View||N/A|
|5/27/2014||Q114||($0.01)||$0.04||$87.15 million||$89.30 million||View||N/A|
|2/27/2014||Q413||($0.19)||($0.15)||$59.77 million||$63.40 million||View||N/A|
|11/29/2013||Q3||($0.47)||($0.46)||$47.76 million||$51.30 million||View||Listen|
|8/28/2013||Q213||($0.50)||($1.54)||$47.64 million||$121.20 million||View||N/A|
|5/30/2013||Q113||($0.50)||($0.24)||$69.40 million||$125.90 million||View||N/A|
Earnings Estimates for Frontline (NYSE:FRO)
2017 EPS Consensus Estimate: $0.02
2018 EPS Consensus Estimate: $0.27
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Frontline (NYSE:FRO)
|Most Recent Dividend:||6/21/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||150.00% (Trailing 12 Months of Earnings) |
666.67% (Based on This Year's Estimates)
171.43% (Based on Next Year's Estimates)
Dividend History by Quarter for Frontline (NYSE FRO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Frontline (NYSE:FRO)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Frontline (NYSE:FRO)
Latest Headlines for Frontline (NYSE:FRO)
|Frontline Ltd. (FRO) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - August 18 at 11:16 AM
|Is Frontline Ltd. (FRO) a Great Stock for Value Investors? - Nasdaq ... - Nasdaq|
www.nasdaq.com - August 18 at 1:08 AM
|Is Frontline Ltd. (FRO) a Great Stock for Value Investors?|
finance.yahoo.com - August 17 at 8:06 PM
|Analyzing Frontline (FRO) & Enbridge Energy Management (EEQ)|
www.americanbankingnews.com - August 16 at 12:22 AM
|Reviewing Frontline (FRO) and Williams Companies, Inc. (The) (WMB)|
www.americanbankingnews.com - August 13 at 8:10 PM
|Frontline Ltd.: FRO - Notice of Annual General Meeting 2017|
www.finanznachrichten.de - August 11 at 7:14 PM
|See what the IHS Markit Score report has to say about Frontline Ltd.|
finance.yahoo.com - August 9 at 7:02 PM
|Head-To-Head Comparison: Blueknight Energy Partners L.P., L.L.C. (BKEP) and Frontline (FRO)|
www.americanbankingnews.com - August 5 at 12:10 AM
|Frontline Ltd. – Value Analysis (NYSE:FRO) : July 31, 2017|
finance.yahoo.com - July 31 at 6:30 PM
|NAP Weighs In: Consumption, Demand, Exports, Impact on Tankers|
finance.yahoo.com - July 28 at 8:56 PM
|Frontline Ltd. breached its 50 day moving average in a Bearish Manner : FRO-US : July 27, 2017|
finance.yahoo.com - July 27 at 7:22 PM
|Frontline Ltd. (NYSE:FRO) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - July 24 at 11:38 AM
|Frontline Ltd. (NYSE:FRO) Downgraded by Evercore ISI|
www.americanbankingnews.com - July 22 at 3:58 PM
|Mid-Day Market Update: Crude Oil Down 1.6%; Plug Power Shares Spike Higher|
www.nasdaq.com - July 22 at 3:49 AM
|Mid-Day Market Update: Crude Oil Down 1.6%; Plug Power Shares ... - Benzinga|
www.benzinga.com - July 21 at 10:48 PM
|Frontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : July 14, 2017|
finance.yahoo.com - July 14 at 7:48 PM
|Nordic American Tankers: 2Q17 Earnings Expected to Fall|
finance.yahoo.com - July 13 at 8:11 PM
|Bunker Fuel and Crude Oil Prices in Week 27|
finance.yahoo.com - July 13 at 8:11 PM
|Analyzing EQT Midstream Partners, (EQM) & Frontline (FRO)|
www.americanbankingnews.com - July 13 at 6:31 PM
|FRO - 2017 Annual General Meeting|
finance.yahoo.com - July 13 at 5:34 AM
|ETFs with exposure to Frontline Ltd. : July 11, 2017|
finance.yahoo.com - July 11 at 7:58 PM
|Frontline Ltd. (FRO) Raised to "Buy" at ValuEngine|
www.americanbankingnews.com - July 8 at 10:10 PM
|Shipping Stock Performance Review -- Frontline, Kirby, Nordic American Offshore, and Navios Maritime|
www.nasdaq.com - July 8 at 10:54 AM
|ETFs with exposure to Frontline Ltd. : June 30, 2017|
finance.yahoo.com - July 1 at 6:09 AM
|[$$] This Shipping Magnate Is Calling a Bottom in the Oil Rout|
finance.yahoo.com - June 27 at 3:39 PM
|Frontline Ltd. (FRO) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - June 27 at 8:42 AM
|Shipping Firm Frontline to Abandon Pursuit of Rival Gener8 - Wall Street Journal (subscription)|
www.wsj.com - June 24 at 5:38 PM
|Analyzing Golar LNG Partners (GMLP) & Frontline (FRO)|
www.americanbankingnews.com - June 22 at 7:54 AM
|Earnings Highlights and Review: Frontline's Q1 Results Beat Estimates; Announced Dividends|
finance.yahoo.com - June 21 at 6:55 PM
|DHT Holdings, Inc.: Frontline Lawsuit is Dismissed - NASDAQ.com - Nasdaq|
www.nasdaq.com - June 19 at 6:07 PM
|ETFs with exposure to Frontline Ltd. : June 19, 2017|
finance.yahoo.com - June 19 at 6:07 PM
|Frontline CEO foresees rise in storage of oil on vessels - Seeking Alpha|
seekingalpha.com - June 17 at 4:03 AM
|Frontline Ltd. :FRO-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017|
finance.yahoo.com - June 16 at 6:00 PM
|Gener8 Maritime spikes on report of Frontline interest|
seekingalpha.com - June 16 at 4:55 PM
|Frontline Ltd. : FRO-US: Dividend Analysis : June 12th, 2017 (record date) : By the numbers : June 9, 2017|
finance.yahoo.com - June 9 at 5:44 PM
|Why Frontline and DHT Holdings Stocks Both Got Torpedoed in May - Motley Fool|
www.fool.com - June 8 at 11:18 PM
|Frontline Ltd. (FRO) Ex-Dividend Date Scheduled for June 08, 2017 - Nasdaq|
www.nasdaq.com - June 8 at 11:18 PM
|BRIEF-DHT Holdings SAYS court denies Frontline's request for preliminary injunction|
www.businessinsider.com - June 8 at 9:30 AM
|Why Frontline and DHT Holdings Stocks Both Got Torpedoed in May|
finance.yahoo.com - June 8 at 9:29 AM
|DHT Holdings (DHT) Says Court Denies Frontline's (FRO) Request for Preliminary Injunction|
www.streetinsider.com - June 7 at 11:56 PM
|DHT Holdings, Inc.: Court Denies Frontline's Request for a Preliminary Injunction|
www.nasdaq.com - June 7 at 4:46 PM
|Court rejects Frontline's complaint against DHT-BW deal|
finance.yahoo.com - June 7 at 4:46 PM
|Frontline Ltd. (FRO) Cut to "Hold" at ValuEngine|
www.americanbankingnews.com - June 4 at 3:34 PM
|Pangaea Logistics Solutions (PANL) and Frontline (FRO) Head to Head Review|
www.americanbankingnews.com - June 3 at 10:38 PM
|Wall Street's M&A Chatter from May 31: Tesaro, Gener8 Maritime, Pinnacle Foods - Benzinga|
www.benzinga.com - June 2 at 8:19 AM
|Seaport Global Securities Research Analysts Cut Earnings Estimates for Frontline Ltd. (FRO)|
www.americanbankingnews.com - June 2 at 7:08 AM
|Frontline (FRO) in Focus: Stock Moves 7% Higher|
finance.yahoo.com - June 1 at 6:02 PM
|Seaport Global Securities Comments on Frontline Ltd.'s Q1 2018 Earnings (FRO)|
www.americanbankingnews.com - June 1 at 11:20 AM
|Frontline Ltd. (FRO) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - May 31 at 11:26 PM
|Frontline's (FRO) CEO Robert MacLeod on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - May 31 at 10:16 PM
Frontline (FRO) Chart for Saturday, August, 19, 2017