Frontier Communications Parent, Inc. (FYBR)
| Market Cap | 8.64B |
| Revenue (ttm) | 5.86B |
| Net Income (ttm) | -187.00M |
| Shares Out | 249.02M |
| EPS (ttm) | -0.76 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,298,435 |
| Open | 34.65 |
| Previous Close | 34.75 |
| Day's Range | 34.61 - 34.77 |
| 52-Week Range | 20.42 - 39.21 |
| Beta | 1.10 |
| Analysts | Buy |
| Price Target | 34.88 (+0.52%) |
| Earnings Date | Nov 5, 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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for FYBR stock is "Buy." The 12-month stock price forecast is $34.88, which is an increase of 0.52% from the latest price.
News
Frontier Releases New Study That Reveals Fiber Deployment Can Boost the U.S. Economy by Over $3 Trillion
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened: Frontier, in partnership with the Fiber Broadband Associated (FBA), today published a new study that finds deploying fiber in the U.S. ...
Frontier Communications Congratulates FCC Commissioner Brendan Carr
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR) congratulates Commissioner Brendan Carr on his appointment as Chairman of the Federal Communications Commission. “Incoming FCC Chairman Brendan Carr ha...
Frontier Donates High-Speed Fiber Internet to Support Community Art and Education in Connecticut
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What's the donation: Frontier is donating high-speed fiber internet to the nonprofit RiseUP Group, Inc. in Hartford, Conn. through our Broadband for G...
Frontier shareholders approve $9.6 billion deal with Verizon
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.
Frontier Stockholders Approve Acquisition by Verizon
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Verizon Communications Inc....
Frontier communications shareholders set to approve deal to be acquired by verizon, sources say
Frontier Communications shareholders are set to approve a deal to be acquired by Verizon even after a number of large investors sought to get a higher price, sources familiar with the matter said on W...
Verizon's Takeover of Frontier Set to Clear Shareholder Vote
The $9.6 billion deal would expand Verizon's fiber network to a size that would rival major competitors such as AT&T and Comcast.
Frontier Communications Comments on ISS and Glass Lewis Recommendations
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today issued the following statement in response to reports published by ISS on November 1 and Glass Lewis on ...
Frontier Reports Third-Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported third-quarter 2024 results today. Third-Quarter 2024 Highlights Added 381,000 fiber passings to reach...
ISS recommends Frontier shareholders abstain from voting on Verizon's takeover bid
Prominent proxy advisory firm Institutional Shareholder Services on Friday recommended Frontier Communications shareholders abstain from voting on Verizon's $20 billion takeover bid and instead suppor...
Frontier to Report Third-Quarter 2024 Earnings on November 5, 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 third...
Frontier Communications asks shareholders to accept Verizon's takeover bid
Frontier Communications urged shareholders on Friday to vote for a $20 billion takeover bid from Verizon , saying that it had reviewed interest from other potential buyers and found the telecom giant'...
Frontier Files Investor Presentation Detailing Significant Financial Benefits of Proposed Acquisition by Verizon
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today posted on its investor relations website and filed with the Securities and Exchange Commission an invest...
Frontier's Second Biggest Investor Opposes Sale to Verizon
Frontier Communications' second largest investor is the latest stakeholder to come out against the company's proposed $9.6 billion acquisition by Verizon Communications.
Glendon Capital Management Sends Letter to Frontier Communications Board of Directors Opposing Sale to Verizon for $38.50 Per Share
Will Vote Against Verizon Transaction at Current Price as it Significantly Undervalues Frontier's Assets and Earnings Trajectory Frontier's Board Relied on Fundamentally Flawed DCF and Peer Analysis B...
FRONTIER COMMUNICATIONS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Frontier Communications Parent, Inc. - FYBR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Frontier Communi...
Carronade Capital Urges Frontier Communications Shareholders to Vote Against Sale to Verizon on Current Terms
DARIEN, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Carronade Capital, an alternative asset management firm, which beneficially owns approximately 2,000,000 shares of Frontier Communications Parent, Inc....
Frontier Receives Grants to Expand Access to High-Speed Fiber Internet in Connecticut
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened? Frontier received seven ConneCTed Communities grants from the Connecticut Department of Energy and Environmental Protection to expand a...
Verizon Q3 Earnings Preview: Frontier Won't Save The Day
I previously rated Verizon stock a hold due to risks from value segment cannibalization, limited cost-cutting potential, and balanced upside/downside risks. Verizon has a track record of overpaying an...
Frontier Awarded Google Verified Gold Peering Provider Status for its Highly Reliable Connectivity to Google Services
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened: Frontier has been named a Google Verified Gold Peering Provider. This verification requires internet providers to have reliable connect...
Exclusive: Verizon bid for Frontier faces investor skepticism, sources say
Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications , with its second-largest investor planning to vote against the de...
FYBR Stock Investigation: Halper Sadeh LLC Is Investigating Whether the Sale of Frontier Communications Parent, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Frontier Communications Parent, Inc. (NASDAQ: FYBR) to Verizon Communications Inc. for $3...
Verizon: Frontier Deal, 6.2% Yield, Dividend Hike - I Am Loving It
Verizon Communications raised its dividend by 2% to $0.6775 per share, enhancing its appeal to passive income investors with a 6.2% yield. The acquisition of Frontier Communications is expected to acc...
Verizon: The Final Frontier
Verizon's acquisition of Frontier Communications for $20 billion aims to expand its fiber footprint and drive future premium mobility and broadband services. The deal, expected to close by early 2026,...
Verizon: Market Likely Overestimated Frontier Impacts
Verizon recently announced a $20B acquisition of Frontier Communications. Despite potential synergies, I believe the market's prevailing bullish rating overestimated the upside impacts of the deal. Fu...