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Frontline (FRO) Stock Price, News & Analysis

$24.38
-0.12 (-0.49%)
(As of 09:02 AM ET)
Today's Range
$24.38
$24.38
50-Day Range
$22.16
$26.46
52-Week Range
$15.94
$29.39
Volume
4,062 shs
Average Volume
1.76 million shs
Market Capitalization
$5.43 billion
P/E Ratio
8.52
Dividend Yield
10.17%
Price Target
$27.58

Frontline MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
12.6% Upside
$27.58 Price Target
Short Interest
Bearish
5.89% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.23%
From $3.06 to $3.22 Per Share

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.

1.95 out of 5 stars

Transportation Sector

92nd out of 126 stocks

Deep Sea Foreign Transportation Of Freight Industry

24th out of 32 stocks

FRO stock logo

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.

FRO Stock Price History

FRO Stock News Headlines

Frontline plc's Stock And Fleet Are On The Upswing
Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
5 Under $30 Dividend Stocks to Buy Now
Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
3 Hidden-Gem Stocks That Everyone Should Own Now
3 Bargain Stocks Ready to Supercharge Your Wealth
See More Headlines
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Company Calendar

Last Earnings
5/30/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
8/22/2024
Next Earnings (Confirmed)
8/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G3682E12
Employees
80
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$27.58
High Stock Price Target
$32.00
Low Stock Price Target
$22.30
Potential Upside/Downside
+12.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$656.41 million
Pretax Margin
33.04%

Debt

Sales & Book Value

Annual Sales
$1.88 billion
Cash Flow
$3.72 per share
Book Value
$10.23 per share

Miscellaneous

Free Float
115,586,000
Market Cap
$5.45 billion
Optionable
Optionable
Beta
0.03

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FRO Stock Analysis - Frequently Asked Questions

How have FRO shares performed this year?

Frontline's stock was trading at $20.05 at the start of the year. Since then, FRO stock has increased by 22.2% and is now trading at $24.50.
View the best growth stocks for 2024 here
.

How were Frontline's earnings last quarter?

Frontline plc (NYSE:FRO) released its quarterly earnings data on Thursday, May, 30th. The shipping company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.86 by $0.24. The company's revenue for the quarter was up 16.3% compared to the same quarter last year.

Who are Frontline's major shareholders?

Frontline's top institutional investors include Hsbc Holdings PLC (0.87%), Forest Avenue Capital Management LP (0.64%), Renaissance Technologies LLC (0.54%) and M&G Plc (0.39%).

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.

What other stocks do shareholders of Frontline own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Frontline investors own include AT&T (T), DHT (DHT), Energy Transfer (ET), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Pfizer (PFE) and Annaly Capital Management (NLY).

This page (NYSE:FRO) was last updated on 8/22/2024 by MarketBeat.com Staff

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