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
SymbolNYSE:FRO
CUSIPG3682E12
Phone441-295-6935
Debt
Debt-to-Equity Ratio1.65
Current Ratio1.34
Quick Ratio1.34
Price-To-Earnings
Trailing P/E Ratio-176.33
Forward P/E Ratio-13.56
P/E GrowthN/A
Sales & Book Value
Annual Sales$646.33 million
Price / Sales1.39
Cash Flow$0.8292 per share
Price / Cash6.38
Book Value$6.99 per share
Price / Book0.76
Profitability
EPS (Most Recent Fiscal Year)($0.03)
Net Income$-264,860,000.00
Net Margins-47.14%
Return on Equity-4.83%
Return on Assets-1.82%
Miscellaneous
Employees128
Outstanding Shares169,800,000
Market Cap$888.07 million
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 results on Wednesday, August, 22nd. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.21) by $0.05. The shipping company earned $166.82 million during the quarter, compared to analyst estimates of $62.63 million. Frontline had a negative return on equity of 4.83% and a negative net margin of 47.14%. Frontline's quarterly revenue was up 11.1% on a year-over-year basis. View Frontline's Earnings History.
When is Frontline's next earnings date?
What price target have analysts set for FRO?
4 analysts have issued 1-year price targets for Frontline's stock. Their forecasts range from $5.00 to $7.00. On average, they anticipate Frontline's stock price to reach $6.00 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Frontline.
What is the consensus analysts' recommendation for Frontline?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Frontline.
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), Pac BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), Navigator (NVGS), Teekay (TK), DHT (DHT), Scorpio Tankers (STNG), Gener8 Maritime (GNRT), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT) and DryShips (DRYS).
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
Has Frontline been receiving favorable news coverage?
Media headlines about FRO stock have been trending somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Frontline earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave media stories about the shipping company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Frontline.
Who are Frontline's major shareholders?
Frontline's stock is owned by many different of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (3.24%), Folketrygdfondet (3.15%), BlackRock Inc. (2.12%), Northern Trust Corp (1.44%), Renaissance Technologies LLC (0.92%) and GAM Holding AG (0.78%).
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 and Odey Asset Management Group Ltd.
Which institutional investors are buying Frontline stock?
FRO stock was acquired by a variety of institutional investors in the last quarter, including Folketrygdfondet, Marshall Wace LLP, Renaissance Technologies LLC, GAM Holding AG, Bienville Capital Management LLC, Russell Investments Group Ltd., BlackRock Inc. and Northern Trust Corp.
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 $5.21.
How big of a company is Frontline?
Frontline has a market capitalization of $888.07 million 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.
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.
