Frontline (FRO) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontline in the last twelve months. 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.

3 Wall Street research analysts have issued 12 month price targets for Frontline's shares. Their FRO share price targets range from $22.00 to $26.00. On average, they expect the company's stock price to reach $23.67 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for FRO or view top-rated stocks among Wall Street analysts.

Frontline's stock was trading at $20.05 on January 1st, 2024. Since then, FRO shares have increased by 11.1% and is now trading at $22.27.
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Frontline saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 5,000,000 shares, an increase of 26.3% from the December 31st total of 3,960,000 shares. Based on an average trading volume of 2,790,000 shares, the short-interest ratio is currently 1.8 days. Currently, 3.5% of the shares of the stock are short sold.
View Frontline's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our FRO earnings forecast.

Frontline plc (NYSE:FRO) posted its earnings results on Wednesday, November, 29th. The shipping company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.10. The shipping company earned $232.03 million during the quarter, compared to the consensus estimate of $297.94 million. Frontline had a net margin of 40.09% and a trailing twelve-month return on equity of 31.08%. During the same quarter in the prior year, the business earned $0.37 earnings per share.

Frontline declared a quarterly dividend on Wednesday, November 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.30 per share on Friday, December 29th. This represents a $1.20 annualized dividend and a dividend yield of 5.39%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for FRO.

Frontline (NYSE:FRO) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.39%. FRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 34.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRO will have a dividend payout ratio of 38.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRO.

ETFs with the largest weight of Frontline (NYSE:FRO) stock in their portfolio include SonicShares Global Shipping ETF (BOAT) and Invesco Oil & Gas Services ETF (PXJ).Global X MSCI Norway ETF (NORW).

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).

Frontline's stock is owned by many different retail and institutional investors. Top institutional shareholders include M&G Investment Management Ltd. (0.63%), Smead Capital Management Inc. (0.22%), Fiera Capital Corp (0.21%), Paradiem LLC (0.15%), Swiss National Bank (0.12%) and Simplex Trading LLC (0.00%).

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.
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