Frontier Communications Parent, Inc. (FYBR)

NASDAQ: FYBR · IEX Real-Time Price · USD
26.14
+0.07 (0.27%)
At close: May 14, 2024, 4:00 PM
26.16
+0.02 (0.08%)
After-hours: May 14, 2024, 6:43 PM EDT
0.27%
Market Cap 6.50B
Revenue (ttm) 5.76B
Net Income (ttm) 27.00M
Shares Out 248.55M
EPS (ttm) 0.11
PE Ratio 240.92
Forward PE 133.33
Dividend n/a
Ex-Dividend Date n/a
Volume 1,255,764
Open 26.42
Previous Close 26.07
Day's Range 25.96 - 26.56
52-Week Range 11.65 - 27.41
Beta 1.06
Analysts Strong Buy
Price Target 28.44 (+8.8%)
Earnings Date May 3, 2024

About FYBR

Frontier Communications Parent, Inc., together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services. It serves large enterprise cu... [Read more]

Founded 1935
Employees 13,300
Stock Exchange NASDAQ
Ticker Symbol FYBR
Full Company Profile

Financial Performance

In 2023, FYBR's revenue was $5.75 billion, a decrease of -0.62% compared to the previous year's $5.79 billion. Earnings were $29.00 million, a decrease of -93.42%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for FYBR stock is "Strong Buy." The 12-month stock price forecast is $28.44, which is an increase of 8.80% from the latest price.

Price Target
$28.44
(8.80% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Glancy Prongay & Murray LLP Announces Investigation of Frontier Communications Parent, Inc. (FYBR)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Frontier Communications Parent, Inc. (Nasdaq: FYBR) concerning the Company and its directors' and officers...

22 hours ago - Business Wire

Frontier to Present at J.P. Morgan Global Technology, Media and Communications Conference

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Executive Chairman ...

1 day ago - Business Wire

Frontier Publishes 2023 Sustainability Report

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What we did: We published our 2023 sustainability report, which details the progress we made on our sustainability goals as we advanced our purpose – ...

6 days ago - Business Wire

Frontier Reports First-Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported first-quarter 2024 results today. “We had a strong start to the year and achieved another major infle...

12 days ago - Business Wire

Frontier Unveils New ‘Good to Go' Campaign: Fiber Internet that Lasts a Lifetime

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What we're doing: We launched our “Good to Go” ad campaign to tell America that fiber is a fast, reliable technology that will last a lifetime. Why we...

14 days ago - Business Wire

Frontier Communications is latest company hit by cyberattack

Frontier Communications Parent Inc. disclosed a cyberattack Thursday that exposed personally identifiable information, though the company doesn't expect the incident to impact its financials in a mean...

26 days ago - Market Watch

Frontier to Report First-Quarter 2024 Earnings on May 3, 2024

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced it will report its first...

5 weeks ago - Business Wire

Frontier Awarded $24.7M Grant to Expand Fiber Broadband Service to Unserved and Underserved Communities in Illinois

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened? Frontier (NASDAQ: FYBR) received $24.7M in grant funding to expand high-speed fiber broadband service to homes and businesses in rural ...

7 weeks ago - Business Wire

Frontier to Present at The New Street Research and BCG Fiber-to-the-Future Conference

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Executive Vice Pre...

2 months ago - Business Wire

Frontier Introduces App-Based Customer Rewards Program

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What we did: We launched our first-ever customer rewards program, “ForMe Rewards.” The app-based program gives Frontier customers free-and-easy access...

2 months ago - Business Wire

Frontier to Present at Raymond James Institutional Investors Conference

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Chief Financial Off...

2 months ago - Business Wire

Frontier Reports Fourth-Quarter and Full-Year 2023 Results

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported fourth-quarter and full-year 2023 results today. “Last year, we continued the relentless execution of...

2 months ago - Business Wire

JANA PARTNERS STATEMENT ON FRONTIER COMMUNICATIONS COMPREHENSIVE REVIEW PROCESS

NEW YORK , Feb. 5, 2024 /PRNewswire/ -- JANA Partners ("JANA"), a shareholder of Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company"), today issued the following statement...

3 months ago - PRNewsWire

Frontier Announces Appointment of Woody Young to its Board of Directors

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced the appointment of Woody Young to its Board of Directors, effective immediate...

3 months ago - Business Wire

Frontier Saved Customers a Collective 50 Years of Time on the Phone in 2023

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What we did: Frontier (NASDAQ: FYBR) reduced more than 2 million customer service phone calls by improving operations and launching new digital, self-...

3 months ago - Business Wire

Frontier Launches Network-as-a-Service for Business Customers

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): TL;DR – The Byte-Size Download: Happening: Today, Frontier (NASDAQ: FYBR), announced it is introducing Network-as-a-Service (NaaS), a new model for de...

3 months ago - Business Wire

Frontier to Report Fourth-Quarter and Full-Year 2023 Earnings on February 23, 2024

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced it will report its four...

4 months ago - Business Wire

Jana Partners sets its sights on Frontier telecom

Activist investor Jana Partners on Monday called Frontier Communications Parent Inc. to explore a possible sale and conduct an strategic review in order to reverse its “poor” stock performance.

5 months ago - Market Watch

JANA Partners Sends Letter to Frontier Communications' Board

Believes Significant Structural Impediments Prevent Frontier from Achieving Full Potential as a Public Company Calls For Frontier Board to Immediately Launch Comprehensive Review of Strategic Alternat...

5 months ago - PRNewsWire

Jana Partners calls for strategic review, possible sale at Frontier Communications -letter

Activist investment firm Jana Partners is urging Frontier Communications to begin a strategic review, including a possible sale of the telecommunications company, arguing that its shares will continue...

5 months ago - Reuters

Frontier to Present at New Street Research BCG Future Series Conference

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Chief Financial Of...

5 months ago - Business Wire

Frontier to Present at UBS Global TMT Conference

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Executive Chairman...

6 months ago - Business Wire

Frontier Teams Up With Amazon's eero to Make the Future of Fast a Reality

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): TL;DR – The Byte-Size Download: Happening: Frontier Communications (NASDAQ: FYBR) today announced it is teaming up with eero, an Amazon company, to pr...

6 months ago - Business Wire

Cerberus owns 10% of Frontier Communications, held talks to boost stock - filing

Alternative investment firm Cerberus Capital Management is now Frontier Communications Parent Inc's second-largest stakeholder, with 10% in the telecommunications provider, and has held talks with man...

6 months ago - Reuters

Frontier Reports Third-Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported third-quarter 2023 results today. “We delivered another strong quarter of operational results, with o...

7 months ago - Business Wire