Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. As of December 31, 2017, the company's fleet consisted of 61 vessels, including VLCC, Suezmax, and LR2/Aframax tankers with an aggregate capacity of approximately 11.6 million deadweight ton. It is also involved in the charter, purchase, and sale of vessels. The company is based in Hamilton, Bermuda.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
Current SymbolNYSE:FRO
Previous Symbol
CUSIPG3682E12
Phone441-295-6935
Debt
Debt-to-Equity Ratio1.55
Current Ratio1.32
Quick Ratio1.32
Price-To-Earnings
Trailing P/E Ratio-228.00
Forward P/E Ratio-28.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$646.33 million
Price / Sales1.78
Cash Flow$0.8040 per share
Price / Cash Flow8.42
Book Value$6.99 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)($0.03)
Net Income$-264,860,000.00
Net Margins-40.17%
Return on Equity-3.87%
Return on Assets-1.40%
Miscellaneous
Employees128
Outstanding Shares169,800,000
Market Cap$1.17 billion
OptionableOptionable
Frontline (NYSE:FRO) Frequently Asked Questions
What is Frontline's stock symbol?
Frontline trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRO."
How were Frontline's earnings last quarter?
Frontline Ltd (NYSE:FRO) announced its quarterly earnings data on Friday, November, 16th. The shipping company reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.13) by $0.08. The shipping company earned $89.21 million during the quarter, compared to analysts' expectations of $79.90 million. Frontline had a negative return on equity of 3.87% and a negative net margin of 40.17%. During the same period in the previous year, the firm earned ($0.08) EPS. View Frontline's Earnings History.
When is Frontline's next earnings date?
What price target have analysts set for FRO?
8 analysts have issued twelve-month target prices for Frontline's shares. Their predictions range from $5.00 to $7.30. On average, they anticipate Frontline's share price to reach $6.3833 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Frontline.
What is the consensus analysts' recommendation for Frontline?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Frontline.
Has Frontline been receiving favorable news coverage?
Headlines about FRO stock have been trending extremely positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Frontline earned a news sentiment score of 5.0 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Frontline's key competitors?
Some companies that are related to Frontline include Ship Finance International (SFL), Euronav (EURN), SEASPAN CORP/SH SH (SSW), Scorpio Tankers (STNG), Pac BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Navigator (NVGS), Star Bulk Carriers (SBLK), DHT (DHT), COSTAMARE INC/SH (CMRE), DryShips (DRYS), Scorpio Bulkers (SALT), Teekay (TK), Diana Shipping (DSX) and Dorian LPG (LPG).
Who are Frontline's key executives?
Frontline's management team includes the folowing people:
- Mr. John Fredriksen, Chairman & Pres (Age 74)
- Mr. Robert Hvide Macleod, Principal Exec. Officer & Director (Age 38)
- Ms. Inger Marie Klemp, Principal Financial Officer (Age 54)
- Ms. Georgina E. Sousa, Sec. & Director (Age 67)
- Aage Kr. Østern, VP of Fin. - Frontline Management AS
Who are Frontline's major shareholders?
Frontline's stock is owned by a number of of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (3.35%), BlackRock Inc. (2.14%), Evermore Global Advisors LLC (1.52%), GAM Holding AG (0.74%), Renaissance Technologies LLC (0.73%) and Vanguard Group Inc. (0.14%).
Which institutional investors are selling Frontline stock?
FRO stock was sold by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Jane Street Group LLC, Credit Suisse AG, GAM Holding AG, Skandinaviska Enskilda Banken AB publ and Marshall Wace North America L.P..
Which institutional investors are buying Frontline stock?
FRO stock was purchased by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, GSA Capital Partners LLP, Man Group plc, Wells Fargo & Company MN, Panagora Asset Management Inc., BlackRock Inc., Odey Asset Management Group Ltd and Trexquant Investment LP.
How do I buy shares of Frontline?
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, Scottrade, Fidelity and Charles Schwab.
What is Frontline's stock price today?
One share of FRO stock can currently be purchased for approximately $6.77.
How big of a company is Frontline?
Frontline has a market capitalization of $1.17 billion and generates $646.33 million in revenue each year. The shipping company earns $-264,860,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Frontline employs 128 workers across the globe.
What is Frontline's official website?
How can I contact Frontline?
Frontline's mailing address is PAR-LA-VILLE PLACE 14 PAR-LA-VILLE ROAD, HAMILTON D0, HM 08. The shipping company can be reached via phone at 441-295-6935 or via email at [email protected]
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 FRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
