Shares of Frontier Communications (FTR) opened at $7.59 on Tuesday. Frontier Communications pays out -6.5% of its earnings in the form of a dividend.
Market capitalization is the total market value of all of a company's outstanding shares. It has underperformed by 87.26% the S&P500.
The stock increased 1.02% or $0.08 during the last trading session, reaching $7.91. The Oxbow Advisors Llc holds 190,100 shares with $2.38M value, down from 251,350 last quarter.
A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. The company now has an average volume of 21.09 Million.
Frontier Communications Corporation (Frontier) is a provider of communications services in the United States. The company has market cap of $623.74 million. It offers a range of mobile and related services and products to personal and business customers. A negative earnings surprise will usually result in a decline in share price. Its commercial services include Ethernet, Dedicated Internet, Multiprotocol Label Switching (MPLS), Time Division Multiplexing (TDM) data transport services and optical transport services.
Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Its up 0.14, from 0 in 2017Q2. The current ratio for FTR is 0.50 and that of BKS is 1.00. Comparatively, Frontier Communications has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500.
Raymond James Financial Services Advisors Inc. grew its holdings in shares of Frontier Communications Corp (NASDAQ:FTR) by 26.9% in the 4th quarter, according to its most recent disclosure with the SEC. Canada Pension Plan Invest Board reported 148,084 shares. Ubs Asset Management Americas stated it has 3.04M shares or 0.17% of all its holdings. Plancorp Limited invested 0.07% of its portfolio in Intel Corporation (NASDAQ:INTC).
The company reported its EPS on 12/30/2017. Novare Capital Ltd Liability Com has 0.62% invested in Intel Corporation (NASDAQ:INTC). Td Capital Mngmt holds 0% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR) for 22 shares. Out of 6 Wall Street analysts rating Lam Research, 5 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". This is in contrast to BKS which will have a positive growth at a 10.00% annual rate. Frontier Communications had 43 analyst reports since August 4, 2015 according to SRatingsIntel. As per Wednesday, July 5, the company rating was maintained by Jefferies. The stock has "Outperform" rating by Bernstein on Tuesday, September 15. The company was initiated on Monday, July 11 by Macquarie Research.
Guggenheim started coverage on shares of Frontier Communications (NASDAQ:FTR) in a report released on Tuesday, MarketBeat reports. Frontier Communications has $3000 highest and $200 lowest target. The firm has "Hold" rating given on Sunday, September 17 by RBC Capital Markets. The firm has "Hold" rating given on Tuesday, October 10 by Deutsche Bank.
Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.14, from 0 in 2017Q2. It increased, as 20 investors sold MTG shares while 89 reduced holdings. Focused Wealth Inc holds 0% or 815 shares in its portfolio. 653,904 were accumulated by California Employees Retirement Systems. Utd Fire Grp holds 859 shares. Boston Prtnrs has invested 0.01% in MGIC Investment Corporation (NYSE:MTG). If a security's beta is equal to 1, the security's price moves in time step with the market. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000.
Among 13 analysts covering MGIC Investment Corp. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Therefore 92% are positive. American International Group had 75 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of FTR in report on Friday, July 7 with "Hold" rating. The rating was maintained by Wedbush with "Outperform" on Monday, January 18. Stifel Nicolaus maintained it with "Buy" rating and $110.0 target in Thursday, October 20 report. The company was downgraded on Wednesday, October 12 by Pacific Crest. The stock has "Buy" rating by Argus Research on Thursday, March 24. Bank of America downgraded the stock to "Neutral" rating in Tuesday, March 7 report.
Several other institutional investors have also modified their holdings of the business.
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