NYSE:FRO Frontline (FRO) Stock Price, News & Analysis → Gold Prices Surge and This $0.32 Stock Is Reaping The Rewards (From Market JAR) (Ad) Free FRO Stock Alerts $26.46 +0.54 (+2.08%) (As of 06/12/2024 ET) Add Compare Share Share Today's Range$26.00▼$26.4950-Day Range$22.72▼$29.2152-Week Range$13.35▼$29.39Volume750,992 shsAverage Volume1.96 million shsMarket Capitalization$5.89 billionP/E Ratio9.25Dividend Yield5.59%Price Target$26.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Frontline alerts: Email Address Frontline MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside1.4% Downside$26.10 Price TargetShort InterestHealthy4.58% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.12%From $3.43 to $3.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.26 out of 5 starsTransportation Sector80th out of 114 stocksDeep Sea Foreign Transportation Of Freight Industry20th out of 30 stocks 1.3 Analyst's Opinion Consensus RatingFrontline has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFrontline has only been the subject of 1 research reports in the past 90 days.Read more about Frontline's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.58% of the float of Frontline has been sold short.Short Interest Ratio / Days to CoverFrontline has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Frontline has recently decreased by 11.35%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFrontline is a leading dividend payer. It pays a dividend yield of 5.53%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFrontline has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Frontline is 51.75%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Frontline will have a dividend payout ratio of 45.96% next year. This indicates that Frontline will be able to sustain or increase its dividend.Read more about Frontline's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRO. Previous Next 3.9 News and Social Media Coverage News SentimentFrontline has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Frontline this week, compared to 3 articles on an average week.Search Interest22 people have searched for FRO on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.MarketBeat Follows12 people have added Frontline to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Frontline insiders have not sold or bought any company stock.Percentage Held by Insiders48.08% of the stock of Frontline is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 22.70% of the stock of Frontline is held by institutions.Read more about Frontline's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Frontline are expected to decrease by -6.12% in the coming year, from $3.43 to $3.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Frontline is 9.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Frontline is 9.25, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.31.Price to Book Value per Share RatioFrontline has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Frontline's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Financial Markets DailyEstee Lauder, MAC, and other beauty brands are raving about this emerging NYSE AI companyA Little-known NYSE Company is Empowering the Beauty Industry with Innovative AI and AR Tools.Discover this unknown NYSE Tech SaaS company About Frontline Stock (NYSE:FRO)Frontline plc, 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, 2022, 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 Limassol, Cyprus.Read More FRO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FRO Stock News HeadlinesJune 11 at 7:00 AM | investorplace.comContrarian Crusaders: 3 Stocks Championing the Cause of Unconventional GainsJune 3, 2024 | seekingalpha.comFrontline's Aggressive Acquisition Strategy Pays Off Amid Global DisruptionsJune 2, 2024 | insidermonkey.comFrontline Ltd. (NYSE:FRO) Q1 2024 Earnings Call TranscriptJune 1, 2024 | investorplace.com3 Hidden-Gem Stocks That Everyone Should Own NowMay 30, 2024 | investorplace.comFRO Stock Earnings: Frontline Misses EPS, Beats Revenue for Q1 2024May 27, 2024 | investorplace.com3 Bargain Stocks Ready to Supercharge Your WealthApril 23, 2024 | seekingalpha.comFrontline: How Geopolitical Shifts Are Steering Growth For Tanker OperationsApril 9, 2024 | investorplace.comHidden Treasures: 3 Stocks Poised for 10X Returns by 2027April 5, 2024 | investorplace.comThe 3 Most Undervalued Under-$50 Stocks to Buy in April 2024April 5, 2024 | finance.yahoo.comFrontline plc (NYSE:FRO) surges 3.8%; retail investors who own 39% shares profited along with insidersMarch 19, 2024 | finance.yahoo.comFrontline (NYSE:FRO) shareholder returns have been massive, earning 437% in 5 yearsMarch 8, 2024 | seekingalpha.comFrontline Benefiting From Red Sea DisruptionsMarch 3, 2024 | finance.yahoo.comA Look At The Intrinsic Value Of Frontline plc (NYSE:FRO)March 1, 2024 | finance.yahoo.comFrontline Ltd. (NYSE:FRO) Q4 2023 Earnings Call TranscriptMarch 1, 2024 | 247wallst.comWant $10,000 in Passive Income? Invest $2,000 in Each of These Dividend StocksFebruary 29, 2024 | benzinga.comFrontline Outperforms Q4 Revenue Estimates; Strategic Asset Sales And Refinancing Bolster Financial PositionFebruary 29, 2024 | seekingalpha.comFrontline plc 2023 Q4 - Results - Earnings Call PresentationFebruary 28, 2024 | seekingalpha.comFrontline: Robust Fundamentals And High ReturnsFebruary 27, 2024 | fool.com3 Ultra-High-Yield Dividend Stocks That Are Proven Wealth CreatorsFebruary 26, 2024 | 247wallst.comForget T-Bills, Here Are 5 Safe Dividend Stocks With Ultra-High YieldsFebruary 2, 2024 | finance.yahoo.comShould You Be Adding Frontline (NYSE:FRO) To Your Watchlist Today?January 19, 2024 | seekingalpha.comFrontline Is A Solid Buy Despite Canceled Merger With EuronavJanuary 14, 2024 | seatrade-maritime.comFrontline offloads five oldest VLCCsJanuary 13, 2024 | seekingalpha.comFrontline: Still A Buy At The High PriceJanuary 12, 2024 | finance.yahoo.comWhy Do Shipping Stocks Gain in Times of Geopolitical Crisis?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. Email Address Company Calendar Ex-Dividend for 3/27 Dividend3/14/2024Dividend Payable3/27/2024Last Earnings5/30/2024Today6/13/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation Current SymbolNYSE:FRO CUSIPG3682E12 CIK913290 Webwww.frontline.bm Phone(572) 558-8767Fax441-295-3494Employees78Year Founded1985Price Target and Rating Average Stock Price Target$26.10 High Stock Price Target$30.00 Low Stock Price Target$22.30 Potential Upside/Downside-1.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.86 Trailing P/E Ratio9.25 Forward P/E Ratio7.71 P/E GrowthN/ANet Income$656.41 million Net Margins32.94% Pretax Margin33.04% Return on Equity23.14% Return on Assets9.74% Debt Debt-to-Equity Ratio1.59 Current Ratio1.75 Quick Ratio1.75 Sales & Book Value Annual Sales$1.83 billion Price / Sales3.23 Cash Flow$3.63 per share Price / Cash Flow7.29 Book Value$10.23 per share Price / Book2.59Miscellaneous Outstanding Shares222,620,000Free Float115,586,000Market Cap$5.89 billion OptionableOptionable Beta0.03 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Lars H. Barstad (Age 53)Chief Executive Officer of Frontline Management AS Comp: $1.22MMs. Inger Marie Klemp (Age 60)Chief Financial Officer of Frontline Management AS Marios SaveriadesSecretaryKey CompetitorsScorpio TankersNYSE:STNGGolar LNGNASDAQ:GLNGGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKSFLNYSE:SFLView All CompetitorsInstitutional OwnershipDekaBank Deutsche GirozentraleBought 21,500 shares on 6/4/2024Ownership: 0.049%Teachers Retirement System of The State of KentuckySold 1,590 shares on 5/28/2024Ownership: 0.062%Cetera Advisors LLCBought 4,187 shares on 5/24/2024Ownership: 0.007%Virtu Financial LLCBought 29,517 shares on 5/20/2024Ownership: 0.013%Tidal Investments LLCBought 12,992 shares on 5/17/2024Ownership: 0.051%View All Institutional Transactions FRO Stock Analysis - Frequently Asked Questions Should I buy or sell Frontline stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FRO shares. View FRO analyst ratings or view top-rated stocks. What is Frontline's stock price target for 2024? 3 brokers have issued 12-month price objectives for Frontline's stock. Their FRO share price targets range from $22.30 to $30.00. On average, they predict the company's stock price to reach $26.10 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. View analysts price targets for FRO or view top-rated stocks among Wall Street analysts. How have FRO shares performed in 2024? Frontline's stock was trading at $20.05 on January 1st, 2024. Since then, FRO shares have increased by 32.0% and is now trading at $26.46. View the best growth stocks for 2024 here. Are investors shorting Frontline? Frontline saw a drop in short interest during the month of May. As of May 31st, there was short interest totaling 6,560,000 shares, a drop of 11.4% from the May 15th total of 7,400,000 shares. Based on an average daily trading volume, of 1,610,000 shares, the short-interest ratio is presently 4.1 days. Approximately 4.6% 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 Thursday, August 22nd 2024. View our FRO earnings forecast. How were Frontline's earnings last quarter? Frontline plc (NYSE:FRO) issued its earnings results on Thursday, May, 30th. The shipping company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by $0.24. The shipping company had revenue of $578.40 million for the quarter, compared to the consensus estimate of $380.73 million. Frontline had a net margin of 32.94% and a trailing twelve-month return on equity of 23.14%. The company's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. How often does Frontline pay dividends? What is the dividend yield for Frontline? Frontline announced a quarterly dividend on Wednesday, May 29th. Shareholders of record on Friday, June 14th will be given a dividend of $0.62 per share on Friday, June 28th. This represents a $2.48 dividend on an annualized basis and a yield of 9.37%. The ex-dividend date is Friday, June 14th. This is an increase from the stock's previous quarterly dividend of $0.37. Read our dividend analysis for FRO. Is Frontline a good dividend stock? Frontline (NYSE:FRO) pays an annual dividend of $1.48 per share and currently has a dividend yield of 5.53%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRO will have a dividend payout ratio of 45.96% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FRO. What ETFs hold Frontline's stock? ETFs with the largest weight of Frontline (NYSE:FRO) stock in their portfolio include SonicShares Global Shipping ETF (BOAT), Invesco Oil & Gas Services ETF (PXJ), Global X MSCI Norway ETF (NORW) and Alpha Architect International Quantitative Momentum ETF (IMOM). 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). Who are Frontline's major shareholders? Frontline's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.38%), M&G Plc (0.48%), Paradiem LLC (0.16%), Significant Wealth Partners LLC (0.07%), Teachers Retirement System of The State of Kentucky (0.06%) and Tidal Investments LLC (0.05%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:FRO) was last updated on 6/13/2024 by MarketBeat.com Staff From Our PartnersGold Prices Surge and This $0.32 Stock Is Reaping The RewardsGold prices are on the rise. This surge in gold prices is great news for gold mining stocks. Especially ...Market JAR | SponsoredEstee Lauder, MAC, and other beauty brands are raving about this emerging NYSE AI companyA Little-known NYSE Company is Empowering the Beauty Industry with Innovative AI and AR Tools.Financial Markets Daily | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredThe Worst is Yet to Come…Millions of Unsuspecting Americans Could be Wiped Out… Yet those who watch this bombshell exposé and prepar...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Frontline plc Please log in to your account or sign up in order to add this asset to your watchlist. Share Frontline With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
