Frontier Communications Parent, Inc. (FYBR)

NASDAQ: FYBR · Real-Time Price · USD
35.40
+0.08 (0.21%)
Oct 8, 2024, 2:29 PM EDT - Market open
0.21%
Market Cap 8.81B
Revenue (ttm) 5.80B
Net Income (ttm) -94.00M
Shares Out 249.00M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,471,101
Open 35.32
Previous Close 35.32
Day's Range 35.30 - 35.50
52-Week Range 15.68 - 39.21
Beta 1.11
Analysts Strong Buy
Price Target 33.30 (-5.92%)
Earnings Date Oct 30, 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 11 analysts, the average rating for FYBR stock is "Strong Buy." The 12-month stock price forecast is $33.3, which is a decrease of -5.92% from the latest price.

Price Target
$33.3
(-5.92% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

9 days ago - Business Wire

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...

Other symbols: VZ
18 days ago - Seeking Alpha

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,...

Other symbols: VZ
4 weeks ago - Seeking Alpha

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...

Other symbols: VZ
4 weeks ago - Seeking Alpha

Verizon's Dividend Risk Profile Increases After Frontier Acquisition

Verizon just announced a huge acquisition of Frontier Communications. While the deal offers some exciting market growth opportunities for Verizon, it also comes with some risks. We look at what factor...

Other symbols: VZ
4 weeks ago - Seeking Alpha

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...

Other symbols: VZ
4 weeks ago - Business Wire

What Verizon (VZ) & Frontier (FYBR) Merger Means for Telecom Outlook

Michael Hodel says the merger will not just expand network potential, but gives Verizon (VZ) a chance to show A.I.'s uses in telecom companies.

Other symbols: VZ
4 weeks ago - Schwab Network

Frontier Stock Shot Higher After Verizon's Bid. Which Telecom Could be Next?

Investors who missed out on the initial wave of gains, may now want to look at who the next potential beneficiary could be.

Other symbols: VZ
4 weeks ago - Barrons

Verizon is buying Frontier in $20B deal to strengthen its fiber network

Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network.

Other symbols: VZ
4 weeks ago - TechXplore

Verizon to Acquire Frontier for $20 Billion, Expand Fiber Footprint

The combined fiber network will reach 25 million units across 31 states, significantly boosting Verizon's fiber internet coverage.

Other symbols: VZ
4 weeks ago - CNET

Verizon-Frontier deal: How it could impact customers

Verizon on Thursday announced plans to acquire Frontier in a deal valued at $20 billion so it can boost its delivery of mobility and broadband connectivity services.

Other symbols: VZ
4 weeks ago - Fox Business

Verizon CEO Vestberg on $9.6 Billion Frontier Deal

Verizon agreed to purchase rival telecommunications operator Frontier Communications for about $9.59 billion in a bid to expand its high-speed internet business. Verizon CEO Hans Vestberg provides det...

Other symbols: VZ
4 weeks ago - Bloomberg Markets and Finance

Verizon to Buy Frontier Communications, Hikes Dividend

Verizon's purchase of Frontier will significantly expand its fiber footprint across the United States. Here's what you need to know.

Other symbols: VZ
4 weeks ago - Kiplinger

Frontier Communications stock price surges, then crashes, on Verizon acquisition news

Shares in Frontier Communications Parent have been on a wild ride over the past 24 hours. The stock (ticker: FYBR) saw its price surge a staggering 37% to $38.68 per share after reports that communica...

Other symbols: VZ
4 weeks ago - Fast Company

TD SYNNEX Demonstrates Progress on Corporate Citizenship Goals in its Latest Report

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX released its latest Corporate Citizenship Report, marking a milestone in the company's commitment to social responsibility initiatives.

Other symbols: CWK
4 weeks ago - Business Wire

Verizon CEO Hans Vestberg on $20B Frontier deal: Enhances and accelerates our broadband efforts

Verizon CEO Hans Vestberg joins 'Squawk Box' to discuss the company's acquisition of Frontier Communications, what's behind the $20 billion deal, impact of the deal on Verizon's premium broadband serv...

Other symbols: VZ
4 weeks ago - CNBC Television

Verizon bets on fiber's staying power as it acquires Frontier for $20B

Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it wo...

Other symbols: VZ
4 weeks ago - TechCrunch

Verizon plans big fiber bet with $20 billion Frontier deal. Does it make sense?

Verizon says the deal will expand its fiber footprint, but analysts expect big gaps in the fiber coverage network even after the acquisition closes.

Other symbols: VZ
4 weeks ago - Market Watch

Verizon to Buy Frontier Communications in $20 Billion Deal

Verizon will acquire Frontier for $38.50 a share in cash.

Other symbols: VZ
4 weeks ago - Barrons

Verizon to acquire Frontier Communications in $20 bln deal

Verizon said on Thursday it would buy Frontier Communications in a deal valued at $20 billion, as the U.S. wireless carrier looks to boost its fiber network.

Other symbols: VZ
4 weeks ago - Reuters

Frontier Communications Stock Jumps 38% After Report of Possible Verizon Deal

Shares of Frontier Communications (FYBR) jumped nearly 40% on Wednesday after The Wall Street Journal said the fiber network company was in talks about a possible sale to Verizon Communications (VZ).

4 weeks ago - Investopedia

Frontier Communications Pops on Potential Deal With Verizon

An announcement that Verizon Communications is acquiring Frontier could come this week, according to the Wall Street Journal report.

Other symbols: VZ
4 weeks ago - Barrons

Verizon nearing deal for Frontier Communications, WSJ reports

Verizon is in advanced talks to acquire Frontier Communications in a deal that would boost its fiber network and help it compete with rivals including AT&T , the Wall Street Journal reported on Wednes...

Other symbols: VZ
4 weeks ago - Reuters

Verizon Nearing Deal for Frontier Communications

Verizon is in advanced talks to acquire Frontier Communications in a deal that would bolster the company's fiber network to compete with rivals including AT&T, according to people familiar with the ma...

Other symbols: VZ
4 weeks ago - WSJ

Frontier Awarded More Than $23M in Grants to Expand Fiber Broadband Service to Unserved and Underserved Communities in California

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened? Frontier secured more than $23 million in Federal Funding Account grants to expand high-speed fiber broadband service to unserved and u...

5 weeks ago - Business Wire