13 June, 2017
Some buy side analysts are also providing their Analysis on Frontier Communications Corporation, where 1 analyst have rated the stock as Strong buy, 2 analysts have given a Buy signal, 11 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. They now have a United States dollars 1.75 price target on the stock. Adirondack Tru Company accumulated 0.07% or 29,307 shares. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. On average, equities analysts anticipate that Frontier Communications Corporation will post ($0.25) earnings per share for the current fiscal year. Frontier Communications Corp has a 1-year low of $1.19 and a 1-year high of $5.22. It has a market capitalization of $1.45 Billion. The company has a 50-day moving average price of $1.47 and a 200-day moving average price of $2.64. Bernstein maintained Frontier Communications Corp (NASDAQ:FTR) on Tuesday, September 15 with "Outperform" rating. For the quarter, shares have been noted at -53.93%. Frontier Communications Corporation had a negative net margin of 2.65% and a positive return on equity of 0.19%. The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.34 billion.
News headlines about Frontier Communications Corp (NASDAQ:FTR) have been trending somewhat positive recently, Alpha One reports.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Hl Fin Services invested in 0% or 31,617 shares. This represents a $0.16 dividend on an annualized basis and a yield of 13.01%. Frontier Communications Corp's payout ratio is -77.78%.
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11/02/2016 - Frontier Communications Corporation was downgraded to "market perform" by analysts at Wells Fargo. Columbia Partners L L C Investment Management increased its position in shares of Frontier Communications Corp by 75.7% in the first quarter. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Calamos Wealth Management Lc invested 0.01% of its portfolio in Frontier Communications Corp (NASDAQ:FTR). Tightening the gaze, stock performance for the last 5 trading days is -0.41%. Bank of New York Mellon Corp now owns 23,878,281 shares of the utilities provider's stock valued at $51,099,000 after buying an additional 4,110,957 shares during the last quarter. City Financial Investment Co Ltd bought a new position in shares of Frontier Communications Corp during the first quarter worth $3,638,000. First Trust Advisors LP increased its position in shares of Frontier Communications Corp by 37.4% in the first quarter. Guggenheim Capital LLC now owns 12,999,789 shares of the utilities provider's stock worth $43,939,000 after buying an additional 3,800,031 shares in the last quarter.
FTR has been the subject of several research reports. Jefferies Group LLC reiterated a "buy" rating and set a $5.00 target price on shares of Frontier Communications Corp in a research report on Friday, February 17th. Vetr raised Frontier Communications Corporation from a "buy" rating to a "strong-buy" rating and set a $3.09 price target for the company in a report on Monday, March 27th. Frontier Communications Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0. Finally, Cowen and Company cut Frontier Communications Corp from an "outperform" rating to a "market perform" rating and lowered their target price for the stock from $4.00 to $2.00 in a report on Wednesday, May 3rd.
03/30/2017 - Frontier Communications Corporation had its "equal-weight" rating reiterated by analysts at Morgan Stanley.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, FTR earned gross profit of 3.19 Billion, in 2015 3.65 Billion gross profit, while in 2016 Frontier Communications Corporation (FTR) produced 5.54 Billion profit. While some investors use a particular analyst's stock ratings as guidance, it is important to consider the criteria which they use to determine fair value, since the techniques they use are varied and not all analysts are equally competent.
03/22/2017 - Frontier Communications Corporation was downgraded to "sell" by analysts at Goldman Sachs.
