Frontier Communications Parent, Inc. (FYBR)

NASDAQ: FYBR · IEX Real-Time Price · USD
22.62
-0.24 (-1.05%)
At close: Apr 25, 2024, 4:00 PM
22.38
-0.24 (-1.06%)
After-hours: Apr 25, 2024, 6:13 PM EDT
-1.05%
Market Cap 5.56B
Revenue (ttm) 5.74B
Net Income (ttm) 29.00M
Shares Out 245.82M
EPS (ttm) 0.12
PE Ratio 193.83
Forward PE 133.33
Dividend n/a
Ex-Dividend Date n/a
Volume 1,248,209
Open 21.88
Previous Close 22.86
Day's Range 21.85 - 22.79
52-Week Range 11.65 - 25.89
Beta 1.05
Analysts Strong Buy
Price Target 27.67 (+22.33%)
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 $27.67, which is an increase of 22.33% from the latest price.

Price Target
$27.67
(22.33% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 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...

22 days 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 ...

4 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...

5 weeks 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...

7 weeks 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...

2 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...

2 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...

3 months ago - Business Wire

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...

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...

5 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...

6 months ago - Business Wire

Frontier Stock Has an Activist Investor. It's a Positive Catalyst.

Jana Partners, along with a partner, is calling for telecom firm Frontier Communications to sell itself.

6 months ago - Barrons

Frontier to Report Third-Quarter 2023 Earnings on November 1, 2023

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

7 months ago - Business Wire

Frontier Relocates Headquarters to Dallas

NORWALK, Conn.--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): TL;DR – The Byte-Size Download: Happening: Frontier Communications (NASDAQ: FYBR) today announced that it will relocate its headquarters from ...

8 months ago - Business Wire

Frontier to Present at Goldman Sachs Communacopia + Technology Conference

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

8 months ago - Business Wire