S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
The Small Biotech Scaring Big Pharma (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
Moldova signs new energy deal that could ease blackout risk
The Small Biotech Scaring Big Pharma (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
OPEC+ oil producers face uncertainty over Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
The Small Biotech Scaring Big Pharma (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
Moldova signs new energy deal that could ease blackout risk
The Small Biotech Scaring Big Pharma (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
OPEC+ oil producers face uncertainty over Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
The Small Biotech Scaring Big Pharma (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
Moldova signs new energy deal that could ease blackout risk
The Small Biotech Scaring Big Pharma (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
OPEC+ oil producers face uncertainty over Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
The Small Biotech Scaring Big Pharma (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
Moldova signs new energy deal that could ease blackout risk
The Small Biotech Scaring Big Pharma (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
OPEC+ oil producers face uncertainty over Russian sanctions
NYSE:FRO

Frontline - FRO Stock Forecast, Price & News

$14.42
+0.73 (+5.33%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.45
$14.52
50-Day Range
$10.33
$14.43
52-Week Range
$6.10
$14.74
Volume
5.15 million shs
Average Volume
3.85 million shs
Market Capitalization
$3.21 billion
P/E Ratio
12.32
Dividend Yield
4.16%
Price Target
$14.00

Frontline MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.9% Downside
$14.00 Price Target
Short Interest
Bearish
12.97% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Frontline in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
78.21%
From $1.56 to $2.78 Per Share

Overall MarketRank

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

2.07 out of 5 stars

Transportation Sector

64th out of 123 stocks

Deep Sea Foreign Transportation Of Freight Industry

21st 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.

Receive FRO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Frontline and its competitors with MarketBeat's FREE daily newsletter.

FRO Stock News Headlines

Frontline (NYSE:FRO) Lifted to "Hold" at StockNews.com
Frontline Unusual Options Activity
Frontline (NYSE:FRO) Stock Price Down 3.8%
See More Headlines
Receive FRO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Frontline and its competitors with MarketBeat's FREE daily newsletter.

FRO Company Calendar

Last Earnings
11/28/2021
Ex-Dividend for 10/3 Dividend
9/15/2022
Dividend Payable
10/03/2022
Today
12/04/2022
Next Earnings (Estimated)
12/05/2022
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
$14.00
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-11,150,000.00
Pretax Margin
7.70%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
115,586,000
Market Cap
$3.21 billion
Optionable
Optionable
Beta
0.23

Social Links


Key Executives

  • Ms. Inger Marie Klemp (Age 58)
    Chief Financial Officer of Frontline Management AS
  • Mr. Lars H. Barstad (Age 51)
    Chief Exec. Officer of Frontline Management AS
  • Mr. Robert Hvide Macleod (Age 43)
    Chief Exec. Officer of Frontline Management AS













FRO Stock - Frequently Asked Questions

Should I buy or sell Frontline stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 2023?

3 Wall Street analysts have issued 12 month target prices for Frontline's stock. Their FRO share price forecasts range from $10.00 to $17.00. On average, they predict the company's stock price to reach $14.00 in the next year. This suggests that the stock has a possible downside of 2.9%.
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 at the start of the year. Since then, FRO shares have increased by 104.0% and is now trading at $14.42.
View the best growth stocks for 2022 here
.

Are investors shorting Frontline?

Frontline saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 16,070,000 shares, an increase of 27.1% from the October 31st total of 12,640,000 shares. Based on an average trading volume of 3,660,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 13.0% of the company's shares are sold short.
View Frontline's Short Interest
.

When is Frontline's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, December 5th 2022.
View our FRO earnings forecast
.

How were Frontline's earnings last quarter?

Frontline Ltd. (NYSE:FRO) released its quarterly earnings data on Sunday, November, 28th. The shipping company reported ($0.17) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.17). The shipping company had revenue of $68.96 million for the quarter, compared to analysts' expectations of $74.49 million. Frontline had a trailing twelve-month return on equity of 6.81% and a net margin of 22.67%. During the same quarter in the prior year, the firm posted $0.29 EPS.

How often does Frontline pay dividends? What is the dividend yield for Frontline?

Frontline announced a quarterly dividend on Thursday, August 25th. Shareholders of record on Friday, September 16th will be given a dividend of $0.15 per share on Monday, October 3rd. This represents a $0.60 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for FRO
.

Is Frontline a good dividend stock?

Frontline (NYSE:FRO) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.16%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRO will have a dividend payout ratio of 21.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRO.

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 many different institutional and retail investors. Top institutional investors include Folketrygdfondet (4.46%), BlackRock Inc. (2.76%), Vanguard Group Inc. (2.12%), Renaissance Technologies LLC (2.04%), Mirabella Financial Services LLP (1.62%) and Two Sigma Investments LP (1.34%).

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 $14.42.

How much money does Frontline make?

Frontline (NYSE:FRO) has a market capitalization of $3.21 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 $1.17 on an earnings per share basis.

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 12/4/2022 by MarketBeat.com Staff