Frontline Ltd. (FRO)
Stock Price:
$5.73 USD
0.08 (1.42%)
Updated Oct 29, 2020 4:00 PM EDT - Market closed
After-hours: $5.72 -0.01 (-0.18%) Oct 29, 7:56 PM
Key Info
| Market Cap |
1.13B |
| Revenue (ttm) |
957.32M |
| Net Income (ttm) |
139.97M |
| Shares Out |
197.69M |
| EPS (ttm) |
2.41 |
| PE Ratio |
2.38 |
| Forward PE |
5.23 |
| Dividend |
$2.00 |
| Dividend Yield |
34.90% |
Stock Quote
| Trading Day |
Oct 29, 2020 |
| Last Price |
$5.73 |
| Previous Close |
$5.65 |
| Change ($) |
0.08 |
| Change (%) |
1.42% |
| Day's Open |
5.55 |
| Day's Range |
5.35 - 5.74 |
| Day's Volume |
2,395,959 |
| 52-Week Range |
5.35 - 13.33 |
More Stats
| Market Cap |
1.13B |
| Enterprise Value |
3.02B |
| Earnings Date (est) |
Nov 30, 2020 |
| Ex-Dividend Date |
Jun 3, 2020 |
| Shares Outstanding |
197.69M |
| Float |
98.25M |
| EPS (basic) |
0.81 |
| EPS (diluted) |
2.41 |
| FCF / Share |
0.50 |
| Dividend |
$2.00 |
| Dividend Yield |
34.90% |
| Earnings Yield |
42.06% |
| FCF Yield |
7.43% |
| Payout Ratio |
12.30% |
| Shares Short |
11.02M |
| Short Ratio |
5.78 |
| Short % of Float |
11.21% |
| Beta |
0.39 |
| PE Ratio |
2.38 |
| Forward PE |
5.23 |
| P/FCF Ratio |
13.45 |
| PS Ratio |
1.18 |
| PB Ratio |
0.77 |
| Revenue |
957.32M |
| Operating Income |
239.52M |
| Net Income |
139.97M |
| Free Cash Flow |
84.22M |
| Net Cash |
-1.88B |
| Net Cash / Share |
-9.53 |
| Gross Margin |
29.89% |
| Operating Margin |
25.02% |
| Profit Margin |
14.60% |
| FCF Margin |
8.80% |
| ROA |
9.58% |
| ROE |
32.21% |
| ROIC |
5.10% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (13)
| Buy |
5 |
| Overweight |
0 |
| Hold |
6 |
| Underweight |
0 |
| Sell |
2 |
Analyst Consensus: Overweight
Price Target
$8.34*
(45.55% upside)
Low
4.00
Current: $5.73
High
18.00
Target: 8.34
*Average 12-month price target from 12 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 957 | 742 | 646 | 754 | 459 | 242 | 134 | 578 | 723 | 1,165 |
| Revenue Growth | 28.97% | 14.84% | -14.32% | 64.36% | 89.78% | 80.6% | -76.85% | -20.06% | -37.91% | - |
| Gross Profit | 396 | 213 | 232 | 405 | 241 | 88.51 | 37.48 | 153 | 207 | 522 |
| Operating Income | 240 | 82.71 | -196 | 177 | 287 | 121 | 8.48 | -15.85 | -126 | 277 |
| Net Income | 140 | -8.88 | -265 | 117 | 155 | 149 | 69.50 | -82.75 | -530 | 161 |
| Shares Outstanding | 170 | 170 | 170 | 156 | 22.47 | 19.99 | 15.95 | 15.57 | 15.57 | 15.57 |
| Earnings Per Share | 0.78 | -0.05 | -1.56 | 0.75 | 1.29 | 1.19 | 0.61 | -5.30 | -34.00 | 10.05 |
| EPS Growth | - | - | - | -41.86% | 8.4% | 95.08% | - | - | - | - |
| Dividend Per Share | 0.10 | - | 0.30 | 1.05 | 0.25 | - | - | - | 1.10 | 10.00 |
| Dividend Growth | - | - | -71.43% | 320% | - | - | - | - | -89% | - |
| Operating Cash Flow | 280 | 46.17 | 130 | 286 | 207 | 58.64 | 22.86 | 68.57 | 56.85 | 315 |
| Capital Expenditures | -196 | -216 | -714 | -449 | -330 | -202 | -189 | -14.50 | -82.38 | -549 |
| Free Cash Flow | 84.22 | -170 | -583 | -163 | -123 | -144 | -166 | 54.07 | -25.53 | -234 |
| Cash & Equivalents | 181 | 79.54 | 133 | 221 | 288 | 272 | 128 | 229 | 264 | 474 |
| Total Debt | 2,066 | 1,831 | 1,879 | 1,405 | 1,340 | 518 | 1,248 | 1,435 | 1,527 | 2,895 |
| Net Cash / Debt | -1,885 | -1,751 | -1,746 | -1,183 | -1,052 | -246 | -1,120 | -1,206 | -1,263 | -2,421 |
| Assets | 3,698 | 3,078 | 3,134 | 2,966 | 2,883 | 2,502 | 1,368 | 1,688 | 1,841 | 3,798 |
| Liabilities | 2,188 | 1,914 | 1,946 | 1,467 | 1,437 | 1,054 | 1,386 | 1,557 | 1,627 | 3,039 |
| Book Value | 1,510 | 1,164 | 1,187 | 1,500 | 1,446 | 1,124 | -26.95 | 120 | 201 | 747 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Frontline Ltd. |
| Country |
Bermuda |
| Employees |
157 |
| CEO |
Robert Hvide MacLeod |
Stock Information
| Ticker Symbol |
FRO |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Energy |
| Industry |
Oil & Gas Midstream |
| Unique Identifier |
NYSE: FRO |
Description
Frontline, 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, 2019, the company operated a fleet of 71 vessels. It is also involved in the charter, purchase, and sale of vessels. Frontline Ltd. is based in Hamilton, Bermuda.