Frontline Company Profile (NYSE:FRO)

About Frontline (NYSE:FRO)

Frontline logoFrontline 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
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Symbol: NYSE:FRO
  • CUSIP: G3682E12
  • Web: www.frontline.bm
Capitalization:
  • Market Cap: $962.82 million
  • Outstanding Shares: 169,809,000
Average Prices:
  • 50 Day Moving Avg: $5.43
  • 200 Day Moving Avg: $6.03
  • 52 Week Range: $4.87 - $8.05
P/E:
  • Trailing P/E Ratio: 29.48
  • Foreward P/E Ratio: 16.17
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $660.53 million
  • Price / Sales: 1.46
  • Book Value: $8.60 per share
  • Price / Book: 0.66
Dividend:
  • Annual Dividend: $0.60
  • Dividend Yield: 10.6%
Profitability:
  • EBIDTA: $263.79 million
  • Net Margins: 4.74%
  • Return on Equity: 4.42%
  • Return on Assets: 2.11%
Debt:
  • Debt-to-Equity Ratio: 1.07%
  • Current Ratio: 1.66%
  • Quick Ratio: 1.66%
Misc:
  • Average Volume: 648,928 shs.
  • Beta: 2.04
  • 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. Stockholders of record on Monday, June 12th will be paid a dividend of $0.15 per share on Wednesday, June 21st. This represents a $0.60 annualized dividend and a dividend yield of 10.60%. 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) issued its earnings results on Wednesday, August, 30th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.05. The business had revenue of $89.99 million for the quarter, compared to analysts' expectations of $86.55 million. Frontline had a net margin of 4.74% and a return on equity of 4.42%. View Frontline's Earnings History.

When will Frontline make its next earnings announcement?

Frontline is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for Frontline.

Where is Frontline's stock going? Where will Frontline's stock price be in 2017?

4 brokerages have issued 12-month price objectives for Frontline's shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate Frontline's stock price to reach $6.00 in the next year. View Analyst Ratings for Frontline.

Who are some of Frontline's key competitors?

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?

One share of Frontline stock can currently be purchased for approximately $5.66.


MarketBeat Community Rating for Frontline (NYSE FRO)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  390
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.

Analyst Ratings

Consensus Ratings for Frontline (NYSE:FRO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $6.00 (6.01% upside)

Analysts' Ratings History for Frontline (NYSE:FRO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/5/2017Credit Suisse GroupReiterated RatingNeutralMediumView Rating Details
7/21/2017Evercore ISIDowngradeIn-Line -> Underperform$6.00 -> $4.00HighView Rating Details
5/31/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$8.00LowView Rating Details
9/27/2016Wells Fargo & CompanyReiterated RatingHoldN/AView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$10.00 -> $7.00N/AView Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
1/14/2016Nordea Equity ResearchUpgradeHold -> BuyN/AView Rating Details
1/13/2016DNB MarketsUpgradeHold -> BuyN/AView Rating Details
1/4/2016Deutsche Bank AGReiterated RatingHold$10.00 -> $15.00N/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Frontline (NYSE:FRO)
Earnings by Quarter for Frontline (NYSE:FRO)
Earnings History by Quarter for Frontline (NYSE FRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/5/2017        
8/30/20176/30/2017($0.03)($0.08)$86.55 million$89.99 millionViewN/AView Earnings Details
5/30/20173/31/2017$0.12$0.16$103.70 million$121.94 millionViewN/AView Earnings Details
2/28/2017Q416$0.08$0.22$100.70 million$128.15 millionViewListenView Earnings Details
11/29/2016Q316$0.10$0.11$130.80 million$113.17 millionViewN/AView Earnings Details
8/31/2016Q216$0.27$0.31$149.80 million$159.77 millionViewListenView Earnings Details
2/29/2016Q415$0.59$0.37$192.22 million$154.00 millionViewListenView Earnings Details
11/24/2015Q315$0.08$0.09$92.32 million$92.46 millionViewListenView Earnings Details
8/26/2015Q215$0.24$0.11$97.40 million$102.29 millionViewListenView Earnings Details
5/29/2015Q115$0.18$0.25$93.90 million$101.15 millionViewListenView Earnings Details
2/25/2015Q414($0.04)($0.12)$92.20 million$135.10 millionViewN/AView Earnings Details
11/25/2014Q314($0.12)($0.15)$62.36 million$135.60 millionViewN/AView Earnings Details
8/28/2014Q214($0.27)($0.23)$35.61 million$46.86 millionViewN/AView Earnings Details
5/27/2014Q114($0.01)$0.04$87.15 million$89.30 millionViewN/AView Earnings Details
2/27/2014Q413($0.19)($0.15)$59.77 million$63.40 millionViewN/AView Earnings Details
11/29/2013Q3($0.47)($0.46)$47.76 million$51.30 millionViewListenView Earnings Details
8/28/2013Q213($0.50)($1.54)$47.64 million$121.20 millionViewN/AView Earnings Details
5/30/2013Q113($0.50)($0.24)$69.40 million$125.90 millionViewN/AView Earnings Details
2/22/2013Q412($0.54)($0.21)$66.51 millionViewN/AView Earnings Details
11/29/2012-0.63($0.63)$67.95 millionViewN/AView Earnings Details
8/29/2012($0.07)($0.05)ViewN/AView Earnings Details
11/22/2011($0.69)($0.57)ViewN/AView Earnings Details
8/26/2011($0.38)($0.45)ViewN/AView Earnings Details
5/25/2011($0.16)$0.20ViewN/AView Earnings Details
2/22/2011($0.06)($0.17)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Frontline (NYSE:FRO)
2017 EPS Consensus Estimate: $0.02
2018 EPS Consensus Estimate: $0.26
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171($0.06)($0.06)($0.06)
Q3 20171($0.05)($0.05)($0.05)
Q4 20171$0.04$0.04$0.04
Q1 20181$0.06$0.06$0.06
Q2 20181$0.06$0.06$0.06
Q3 20181$0.07$0.07$0.07
Q4 20181$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Frontline (NYSE:FRO)
Most Recent Dividend:6/21/2017
Annual Dividend:$0.60
Dividend Yield:10.60%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:300.02% (Trailing 12 Months of Earnings)
1,000.00% (Based on This Year's Estimates)
171.43% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Frontline (NYSE:FRO)

Dividend History by Quarter for Frontline (NYSE FRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/30/2017Quarterly$0.1510.36%6/8/20176/12/20176/21/2017
3/1/2017quarterly$0.158.4%3/9/20173/13/20173/23/2017
11/30/2016Quarterly$0.105.68%12/13/201612/15/201612/22/2016
9/1/2016quarterly$0.2011.19%9/8/20169/12/20169/19/2016
6/2/2016quarterly$0.4017.78%6/9/20166/13/20166/20/2016
3/2/2016special$0.353/9/20163/11/20163/18/2016
12/4/2015quarterly$0.056.43%12/16/201512/18/201512/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Frontline (NYSE:FRO)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Frontline (NYSE:FRO)
Latest Headlines for Frontline (NYSE:FRO)
Source:
DateHeadline
thestreet.com logoFirst Week Of FRO May 2018 Options Trading
www.thestreet.com - September 19 at 6:51 PM
finance.yahoo.com logoIntradiem Provides Real-time Intraday Insights and Automation for NICE inContact CXone Users to Reduce Costs and Improve Agent Performance
finance.yahoo.com - September 15 at 6:03 AM
finance.yahoo.com logoFrontline Ltd. breached its 50 day moving average in a Bearish Manner : FRO-US : September 12, 2017
finance.yahoo.com - September 12 at 7:41 PM
americanbankingnews.com logoFrontline Ltd. (FRO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 12 at 11:16 AM
americanbankingnews.com logoHead-To-Head Contrast: Summit Midstream Partners, (SMLP) vs. Frontline (FRO)
www.americanbankingnews.com - September 8 at 9:04 AM
feeds.benzinga.com logoMid-Morning Market Update: Markets Open Higher; G-III Apparel Tops Q2 Views
feeds.benzinga.com - September 6 at 11:23 AM
americanbankingnews.com logoFrontline's (FRO) "Neutral" Rating Reiterated at Credit Suisse Group
www.americanbankingnews.com - September 5 at 12:20 PM
americanbankingnews.com logoSeaport Global Securities Comments on Frontline Ltd.'s Q4 2018 Earnings (FRO)
www.americanbankingnews.com - September 4 at 8:10 AM
feeds.benzinga.com logoFRO - Primary insider transaction
feeds.benzinga.com - September 1 at 3:19 AM
seekingalpha.com logoFrontline's (FRO) CEO Robert Macleod on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 31 at 11:45 PM
seekingalpha.com logoFrontline Ltd. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 30 at 8:11 PM
finance.yahoo.com logoInvestor Network: Frontline Ltd. to Host Earnings Call
finance.yahoo.com - August 30 at 8:11 PM
finance.yahoo.com logoFRO - Q2 2017 Presentation
finance.yahoo.com - August 30 at 8:11 PM
finance.yahoo.com logoFrontline reports 2Q loss
finance.yahoo.com - August 30 at 8:11 PM
seekingalpha.com logoFrontline -7% after Q2 loss and seeing weak quarters ahead
seekingalpha.com - August 30 at 1:13 PM
americanbankingnews.com logoFrontline Ltd. (FRO) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 30 at 10:26 AM
feeds.benzinga.com logoFRO - Second Quarter and Six Months 2017 Results
feeds.benzinga.com - August 30 at 3:59 AM
finance.yahoo.com logoFrontline Ltd. breached its 50 day moving average in a Bullish Manner : FRO-US : August 29, 2017
finance.yahoo.com - August 29 at 7:16 PM
americanbankingnews.com logoFrontline Ltd. (FRO) Upgraded at BidaskClub
www.americanbankingnews.com - August 26 at 5:30 PM
americanbankingnews.com logoFrontline Ltd. (FRO) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 23 at 9:10 AM
americanbankingnews.com logoContrasting Enbridge Energy, L.P. (EEP) & Frontline (FRO)
www.americanbankingnews.com - August 22 at 8:26 PM
bloomberg.com logoGhana Is Said to Weigh Scaling Down $2.3 Billion Bond Plans
www.bloomberg.com - August 22 at 7:24 PM
feeds.benzinga.com logoFRO - Invitation to Q2 2017 Results Conference Call and Webcast
feeds.benzinga.com - August 22 at 9:36 AM
americanbankingnews.com logoFrontline Ltd. (FRO) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 19 at 11:50 AM
americanbankingnews.com logoFrontline Ltd. (FRO) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 18 at 11:16 AM
nasdaq.com logoIs Frontline Ltd. (FRO) a Great Stock for Value Investors? - Nasdaq ... - Nasdaq
www.nasdaq.com - August 18 at 1:08 AM
finance.yahoo.com logoIs Frontline Ltd. (FRO) a Great Stock for Value Investors?
finance.yahoo.com - August 17 at 8:06 PM
americanbankingnews.com logoAnalyzing Frontline (FRO) & Enbridge Energy Management (EEQ)
www.americanbankingnews.com - August 16 at 12:22 AM
americanbankingnews.com logoReviewing Frontline (FRO) and Williams Companies, Inc. (The) (WMB)
www.americanbankingnews.com - August 13 at 8:10 PM
finanznachrichten.de logoFrontline Ltd.: FRO - Notice of Annual General Meeting 2017
www.finanznachrichten.de - August 11 at 7:14 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Frontline Ltd.
finance.yahoo.com - August 9 at 7:02 PM
americanbankingnews.com logoHead-To-Head Comparison: Blueknight Energy Partners L.P., L.L.C. (BKEP) and Frontline (FRO)
www.americanbankingnews.com - August 5 at 12:10 AM
finance.yahoo.com logoFrontline Ltd. – Value Analysis (NYSE:FRO) : July 31, 2017
finance.yahoo.com - July 31 at 6:30 PM
finance.yahoo.com logoNAP Weighs In: Consumption, Demand, Exports, Impact on Tankers
finance.yahoo.com - July 28 at 8:56 PM
finance.yahoo.com logoFrontline 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
americanbankingnews.com logoFrontline Ltd. (NYSE:FRO) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 24 at 11:38 AM
americanbankingnews.com logoFrontline Ltd. (NYSE:FRO) Downgraded by Evercore ISI
www.americanbankingnews.com - July 22 at 3:58 PM
nasdaq.com logoMid-Day Market Update: Crude Oil Down 1.6%; Plug Power Shares Spike Higher
www.nasdaq.com - July 22 at 3:49 AM
benzinga.com logoMid-Day Market Update: Crude Oil Down 1.6%; Plug Power Shares ... - Benzinga
www.benzinga.com - July 21 at 10:48 PM
finance.yahoo.com logoFrontline 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
finance.yahoo.com logoNordic American Tankers: 2Q17 Earnings Expected to Fall
finance.yahoo.com - July 13 at 8:11 PM
finance.yahoo.com logoBunker Fuel and Crude Oil Prices in Week 27
finance.yahoo.com - July 13 at 8:11 PM
americanbankingnews.com logoAnalyzing EQT Midstream Partners, (EQM) & Frontline (FRO)
www.americanbankingnews.com - July 13 at 6:31 PM
finance.yahoo.com logoFRO - 2017 Annual General Meeting
finance.yahoo.com - July 13 at 5:34 AM
finance.yahoo.com logoETFs with exposure to Frontline Ltd. : July 11, 2017
finance.yahoo.com - July 11 at 7:58 PM
americanbankingnews.com logoFrontline Ltd. (FRO) Raised to "Buy" at ValuEngine
www.americanbankingnews.com - July 8 at 10:10 PM
nasdaq.com logoShipping Stock Performance Review -- Frontline, Kirby, Nordic American Offshore, and Navios Maritime
www.nasdaq.com - July 8 at 10:54 AM
finance.yahoo.com logoETFs with exposure to Frontline Ltd. : June 30, 2017
finance.yahoo.com - July 1 at 6:09 AM
finance.yahoo.com logo[$$] This Shipping Magnate Is Calling a Bottom in the Oil Rout
finance.yahoo.com - June 27 at 3:39 PM
wsj.com logoShipping Firm Frontline to Abandon Pursuit of Rival Gener8 - Wall Street Journal (subscription)
www.wsj.com - June 24 at 5:38 PM

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Chart

Frontline (FRO) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff