Frontier Communications Parent, Inc. (FYBR)
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]
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 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.
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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-...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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.
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 ...
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 ...
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...