Frontier Communications Corp. (FTR) Scheduled to Post Quarterly Earnings on Monday
Frontier Communications Corp. (NYSE:FTR) will announce its Q413 earnings results on Monday, February 24th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $1.18 billion for the quarter.
Shares of Frontier Communications Corp. (NYSE:FTR) opened at 4.73 on Friday. Frontier Communications Corp. has a 1-year low of $3.71 and a 1-year high of $5.02. The stock has a 50-day moving average of $4.70 and a 200-day moving average of $4.56. The company has a market cap of $4.728 billion and a P/E ratio of 78.00.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 8.46%. The ex-dividend date is Wednesday, March 5th.
Several analysts have recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Frontier Communications Corp. from a “sell” rating to a “neutral” rating in a research note on Tuesday. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Frontier Communications Corp. in a research note on Tuesday, December 24th. They now have a $5.00 price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Frontier Communications Corp. in a research note on Thursday, December 19th. They set a “buy” rating and a $6.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Frontier Communications Corp. currently has a consensus rating of “Hold” and a consensus price target of $5.21.
Frontier Communications Corporation (NYSE:FTR) is a communications company providing services primarily to rural areas and small and medium-sized towns and cities in the United States.
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