NYSE:FRO - Frontline Stock Price, Forecast & News

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

Frontline declared a -- dividend on Wednesday, December 4th. Stockholders of record on Wednesday, December 11th will be paid a dividend of $0.10 per share on Friday, December 20th. The ex-dividend date is Tuesday, December 10th. View Frontline's Dividend History.

Frontline Ltd (NYSE:FRO) issued its earnings results on Wednesday, November, 27th. The shipping company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.09. The shipping company earned $187.64 million during the quarter, compared to analysts' expectations of $106.40 million. Frontline had a net margin of 6.76% and a return on equity of 5.56%. The business's revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.05) EPS. View Frontline's Earnings History.

Frontline is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Frontline.

6 equities research analysts have issued 1-year price targets for Frontline's stock. Their forecasts range from $8.00 to $18.00. On average, they anticipate Frontline's share price to reach $12.00 in the next year. This suggests that the stock has a possible downside of 3.1%. View Analyst Price Targets for Frontline.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Frontline.

News stories about FRO stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Frontline earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Frontline.

Frontline saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 3,140,000 shares, a decline of 15.1% from the November 28th total of 3,700,000 shares. Based on an average daily volume of 1,490,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.5% of the company's stock are sold short. View Frontline's Current Options Chain.

Some companies that are related to Frontline include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Scorpio Tankers (STNG), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), Golden Ocean Group (GOGL), Teekay Tankers (TNK), GasLog (GLOG), Nordic American Tanker (NAT) and Teekay (TK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Frontline investors own include AT&T (T), Beazer Homes USA (BZH), Western Asset Mortgage Capital (WMC), AGNC Investment (AGNC), Ship Finance International (SFL), Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), DHT (DHT), SunCoke Energy Partners (SXCP) and Nordic American Tanker (NAT).

Frontline's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sciencast Management LP (0.01%).

FRO stock was purchased by a variety of institutional investors in the last quarter, including Sciencast Management LP.

Shares of FRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FRO stock can currently be purchased for approximately $12.38.

Frontline has a market capitalization of $2.37 billion and generates $742.27 million in revenue each year. The shipping company earns $-8,880,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Frontline employs 145 workers across the globe.View Additional Information About Frontline.

The official website for Frontline is http://www.frontline.bm/.

Frontline's mailing address is PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON HM 08 D0, HM 08. The shipping company can be reached via phone at 441-295-6935 or via email at [email protected]