Latest news with #Frontlineplc
Yahoo
26-05-2025
- Business
- Yahoo
Frontline (NYSE:FRO) Will Pay A Smaller Dividend Than Last Year
Frontline plc (NYSE:FRO) is reducing its dividend to $0.18 on the 24th of Junewhich is 71% less than last year's comparable payment of $0.62. However, the dividend yield of 9.7% is still a decent boost to shareholder returns. Our free stock report includes 4 warning signs investors should be aware of before investing in Frontline. Read for free now. If the payments aren't sustainable, a high yield for a few years won't matter that much. The last payment made up 86% of earnings, but cash flows were much higher. Since the dividend is just paying out cash to shareholders, we care more about the cash payout ratio from which we can see plenty is being left over for reinvestment in the business. Looking forward, earnings per share is forecast to rise by 93.2% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 51%, which would make us comfortable with the sustainability of the dividend, despite the levels currently being quite high. See our latest analysis for Frontline Frontline has been paying dividends for a while, but the track record isn't stellar. Due to this, we are a little bit cautious about the dividend consistency over a full economic cycle. The annual payment during the last 9 years was $1.00 in 2016, and the most recent fiscal year payment was $1.78. This means that it has been growing its distributions at 6.6% per annum over that time. It's good to see the dividend growing at a decent rate, but the dividend has been cut at least once in the past. Frontline might have put its house in order since then, but we remain cautious. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Although it's important to note that Frontline's earnings per share has basically not grown from where it was five years ago, which could erode the purchasing power of the dividend over time. There are exceptions, but limited earnings growth and a high payout ratio can signal that a company has reached maturity. When the rate of return on reinvestment opportunities falls below a certain minimum level, companies often elect to pay a larger dividend instead. This is why many mature companies often have larger dividend yields. Overall, it's not great to see that the dividend has been cut, but this might be explained by the payments being a bit high previously. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. We would be a touch cautious of relying on this stock primarily for the dividend income. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. Case in point: We've spotted 4 warning signs for Frontline (of which 1 can't be ignored!) you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Frontline: Q1 Earnings Snapshot
LIMASSOL, Cyprus (AP) — LIMASSOL, Cyprus (AP) — Frontline plc (FRO) on Friday reported net income of $33.3 million in its first quarter. The Limassol, Cyprus-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs, were 18 cents per share. The shipping company posted revenue of $428.1 million in the period. Its adjusted revenue was $248.1 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FRO at
San Francisco Chronicle
23-05-2025
- Business
- San Francisco Chronicle
Frontline: Q1 Earnings Snapshot
LIMASSOL, Cyprus (AP) — LIMASSOL, Cyprus (AP) — Frontline plc (FRO) on Friday reported net income of $33.3 million in its first quarter. The Limassol, Cyprus-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs, were 18 cents per share. The shipping company posted revenue of $428.1 million in the period. Its adjusted revenue was $248.1 million.
Associated Press
28-02-2025
- Business
- Associated Press
FRO
Please find enclosed the presentation of Frontline plc´s fourth quarter 2024 results to be held on the webcast / conference call 28 February, 2025 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 – 12 of the Norwegian Securities Trading Act.
Yahoo
07-02-2025
- Business
- Yahoo
Those who invested in Frontline (NYSE:FRO) three years ago are up 220%
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But in contrast you can make much more than 100% if the company does well. For instance the Frontline plc (NYSE:FRO) share price is 143% higher than it was three years ago. How nice for those who held the stock! And in the last month, the share price has gained 13%. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. Check out our latest analysis for Frontline While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Frontline became profitable within the last three years. Given the importance of this milestone, it's not overly surprising that the share price has increased strongly. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. It might be well worthwhile taking a look at our free report on Frontline's earnings, revenue and cash flow. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Frontline the TSR over the last 3 years was 220%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. While the broader market gained around 24% in the last year, Frontline shareholders lost 11% (even including dividends). Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 28%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Frontline better, we need to consider many other factors. Even so, be aware that Frontline is showing 4 warning signs in our investment analysis , and 2 of those can't be ignored... Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
