Frontline (NYSE:FRO) Trading Up 5.7% – Time to Buy?

Posted by Brenda Bartman on Sep 18th, 2026

Shares of Frontline PLC (NYSE:FRO – Get Free Report) shot up 5.7% during trading on Wednesday . The stock traded as high as $54.69 and last traded at $54.5480. Approximately 3,353,445 shares changed hands during mid-day trading, an increase of 4% from the average daily volume of 3,238,533 shares. The stock had previously closed at $51.59.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Nordea Equity Research lowered Frontline to a “hold” rating in a research report on Monday, August 31st. Danske downgraded Frontline from a “hold” rating to a “sell” rating in a research report on Friday, August 21st. DZ Bank cut Frontline from a “hold” rating to a “sell” rating in a report on Friday, August 21st. BTIG Research lifted their price objective on Frontline from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Weiss Ratings upgraded Frontline from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 28th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $45.37.

Check Out Our Latest Report on FRO

Frontline Trading Up 0.6%

The stock has a market cap of $12.02 billion, a PE ratio of 8.09 and a beta of 0.05. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.87 and a current ratio of 1.87. The stock has a fifty day moving average price of $42.23 and a 200 day moving average price of $38.27.

Frontline (NYSE:FRO – Get Free Report) last released its quarterly earnings results on Friday, August 28th. The shipping company reported $2.61 earnings per share for the quarter, missing the consensus estimate of $2.74 by ($0.13). The company had revenue of $943.30 million for the quarter, compared to analysts’ expectations of $758.89 million. Frontline had a net margin of 49.47% and a return on equity of 44.24%. The business’s quarterly revenue was up 96.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.36 EPS.

Frontline Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 18th will be paid a $2.61 dividend. This is an increase from Frontline’s previous quarterly dividend of $1.55. This represents a $10.44 annualized dividend and a dividend yield of 19.3%. The ex-dividend date of this dividend is Friday, September 18th. Frontline’s payout ratio is currently 92.95%.

Hedge Funds Weigh In On Frontline

A number of large investors have recently made changes to their positions in the company. WINTON GROUP Ltd grew its holdings in Frontline by 72.0% during the 2nd quarter. WINTON GROUP Ltd now owns 12,900 shares of the shipping company’s stock valued at $449,000 after purchasing an additional 5,400 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in Frontline by 13.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 22,969 shares of the shipping company’s stock worth $799,000 after purchasing an additional 2,810 shares during the period. NewEdge Advisors LLC lifted its stake in Frontline by 3.7% in the second quarter. NewEdge Advisors LLC now owns 27,115 shares of the shipping company’s stock worth $943,000 after purchasing an additional 957 shares during the last quarter. Amundi lifted its stake in Frontline by 162.6% in the second quarter. Amundi now owns 847,488 shares of the shipping company’s stock worth $29,809,000 after purchasing an additional 524,804 shares during the last quarter. Finally, Triumph Capital Management lifted its stake in Frontline by 131.0% in the second quarter. Triumph Capital Management now owns 8,931 shares of the shipping company’s stock worth $311,000 after purchasing an additional 5,064 shares during the last quarter. 22.70% of the stock is owned by hedge funds and other institutional investors.

Frontline Company Profile

(Get Free Report)

Frontline plc is a maritime shipping company that owns and operates tankers engaged primarily in the transportation of crude oil and refined petroleum products. Its fleet has included very large crude carriers (VLCCs), Suezmax tankers and long-range product tankers, which transport energy commodities for oil companies, trading firms and other customers worldwide.

The company’s vessels operate on international shipping routes, serving major oil-producing, refining and consuming regions.