Frontline (NYSE:FRO) Stock Price Down 4.8% – Should You Sell?

22 May 2026, 13:14 by Renee Jackson · The Cerbat Gem

Shares of Frontline PLC (NYSE:FRO – Get Free Report) dropped 4.8% during mid-day trading on Friday . The company traded as low as $36.77 and last traded at $36.5860. Approximately 1,514,562 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 3,593,156 shares. The stock had previously closed at $38.44.

Analyst Upgrades and Downgrades

FRO has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Frontline in a research report on Friday, March 27th. Evercore lowered Frontline from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Piper Sandler lowered Frontline to a “neutral” rating in a research report on Friday, February 27th. BTIG Research increased their price target on Frontline from $42.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Finally, Dnb Carnegie lowered Frontline from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.00.

View Our Latest Research Report on FRO

Frontline Stock Down 3.9%

The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.19 and a current ratio of 1.43. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 21.75 and a beta of 0.04. The firm has a 50-day moving average price of $35.42 and a two-hundred day moving average price of $29.75.

Frontline (NYSE:FRO – Get Free Report) last issued its earnings results on Saturday, February 28th. The shipping company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.10). Frontline had a return on equity of 16.51% and a net margin of 19.31%.The business had revenue of $624.51 million for the quarter, compared to analyst estimates of $456.90 million. During the same period last year, the business posted $0.20 EPS. Frontline’s revenue was up 46.7% on a year-over-year basis.

Frontline Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 12th were given a dividend of $1.03 per share. This is a boost from Frontline’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $4.12 annualized dividend and a dividend yield of 11.1%. Frontline’s dividend payout ratio is 242.35%.

Institutional Investors Weigh In On Frontline

Several hedge funds and other institutional investors have recently made changes to their positions in FRO. Arrowstreet Capital Limited Partnership raised its position in shares of Frontline by 4,659.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 5,783,681 shares of the shipping company’s stock worth $202,080,000 after acquiring an additional 5,662,172 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new stake in shares of Frontline during the 1st quarter worth about $26,911,000. Voloridge Investment Management LLC acquired a new stake in shares of Frontline during the 4th quarter worth about $15,676,000. Balyasny Asset Management L.P. increased its position in Frontline by 44.0% during the third quarter. Balyasny Asset Management L.P. now owns 2,247,120 shares of the shipping company’s stock worth $51,212,000 after buying an additional 686,212 shares during the period. Finally, Barclays PLC increased its position in Frontline by 256.9% during the fourth quarter. Barclays PLC now owns 826,343 shares of the shipping company’s stock worth $18,031,000 after buying an additional 594,811 shares during the period. Institutional investors and hedge funds own 22.70% of the company’s stock.

About Frontline

(Get Free Report)

Frontline Ltd. (NYSE:FRO) is a leading global shipping company specializing in the seaborne transportation of crude oil and petroleum products. The company’s core business activities encompass the ownership and operation of very large crude carriers (VLCCs), Suezmax tankers and Aframax vessels. Through long-term charters, spot market operations and time charters, Frontline provides flexible shipping solutions that cater to a diverse set of energy producers, refiners and trading houses worldwide.