S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
3rd Massive Dollar Upheaval Has Started (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
3rd Massive Dollar Upheaval Has Started (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
3rd Massive Dollar Upheaval Has Started (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
3rd Massive Dollar Upheaval Has Started (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
3rd Massive Dollar Upheaval Has Started (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
"Prepare for Five Years of Famine" (Ad)
NYSE:FRO

Frontline - FRO Stock Forecast, Price & News

$11.38
-0.07 (-0.61%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.23
$11.49
50-Day Range
$8.09
$11.45
52-Week Range
$6.10
$11.61
Volume
1.28 million shs
Average Volume
2.60 million shs
Market Capitalization
$2.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.50

Frontline MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
16.5% Downside
$9.50 Price Target
Short Interest
Bearish
7.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
130.67%
From $0.75 to $1.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.40 out of 5 stars

Transportation Sector

120th out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

28th out of 29 stocks

FRO stock logo

About Frontline (NYSE:FRO) Stock

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.

Frontline Stock Down 0.6 %

NYSE:FRO opened at $11.38 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.66. The firm has a 50-day moving average of $9.38 and a two-hundred day moving average of $8.89. Frontline has a 1-year low of $6.10 and a 1-year high of $11.61.

Frontline (NYSE:FRO - Get Rating) last posted its quarterly earnings data on Tuesday, May 24th. The shipping company reported ($0.01) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.01). The company had revenue of $103.79 million during the quarter, compared to analysts' expectations of $106.78 million. Frontline had a negative net margin of 1.15% and a negative return on equity of 4.01%. During the same period in the prior year, the company posted $0.04 EPS. As a group, equities analysts anticipate that Frontline will post 0.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FRO. Jefferies Financial Group began coverage on shares of Frontline in a research report on Wednesday, July 20th. They set a "hold" rating and a $9.00 price target for the company. HC Wainwright upped their price objective on shares of Frontline from $8.00 to $10.00 and gave the company a "neutral" rating in a research report on Wednesday, May 25th. Finally, StockNews.com cut shares of Frontline from a "hold" rating to a "sell" rating in a research report on Wednesday, July 27th.

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FRO Stock News Headlines

$4.2 Billion Deal to Create Oil Tanker Giant
FRO - Changes to the Board composition
Frontline: How Long Will The Pain Last? - Seeking Alpha
See More Headlines
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FRO Company Calendar

Last Earnings
5/24/2022
Today
8/14/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G3682E12
Employees
79
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$9.50
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
-16.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-11,150,000.00
Pretax Margin
-0.55%

Debt

Sales & Book Value

Annual Sales
$749.38 million
Cash Flow
$0.46 per share
Book Value
$8.12 per share

Miscellaneous

Free Float
105,673,000
Market Cap
$2.32 billion
Optionable
Optionable
Beta
0.19

Social Links















FRO Stock - Frequently Asked Questions

Should I buy or sell Frontline stock right now?

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.

What is Frontline's stock price forecast for 2022?

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.

How have FRO shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Frontline?

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
.

When is Frontline's next earnings date?

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

How were Frontline's earnings last quarter?

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.

What other stocks do shareholders of Frontline own?

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).

What is Frontline's stock symbol?

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

Who are Frontline's major shareholders?

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%).

How do I buy shares of Frontline?

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.
Compare Top Brokerages Here.

What is Frontline's stock price today?

One share of FRO stock can currently be purchased for approximately $11.38.

How much money does Frontline make?

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.

When was Frontline founded?

Frontline was founded in 1985.

How can I contact Frontline?

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.

This page (NYSE:FRO) was last updated on 8/14/2022 by MarketBeat.com Staff

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