Economy

Frontier Communications (NASDAQ:FTR) Receives Daily News Sentiment Rating of 0.17

Frontier Communications (NASDAQ:FTR) Receives Daily News Sentiment Rating of 0.17

The high-yield issue of debt has a 8.875% coupon and will mature on September 15, 2020. A sudden increase in a stock's activity can be a sign that investors are trading in anticipation of a catalyst, or that investors feel very strongly in one way or the other about the future direction of a stock. Camelot Portfolios Llc sold 1.28 million shares as the company's stock declined 55.62% while stock markets rallied. Credit Suisse upgraded the stock to "Neutral" rating in Tuesday, January 17 report.

Blucora, Inc. has a consensus buy rating from 4 Wall Street analysts, and the number of shares now sold short amount to at least 2.98% of shares outstanding. After $-0.94 actual EPS reported by Frontier Communications Corporation for the previous quarter, Wall Street now forecasts 19.15% negative EPS growth. Barclays assumed coverage on Frontier Communications in a research note on Friday, December 15th.

The stock increased 0.78% or $0.31 during the last trading session, reaching $40.31. Bank of America lowered Frontier Communications from a "neutral" rating to an "underperform" rating and set a $4.00 target price on the stock.in a research note on Friday, November 10th. The stock of Frontier Communications Corporation (NASDAQ:FTR) has "Sell" rating given on Thursday, August 3 by Hilliard Lyons.

FTR is now undervalued by -44.38% relative to the average 1-year price target of $13.34 taken from a group of Wall Street Analysts.

Stephens initiated Frontier Communications Corporation (NASDAQ:FTR) on Wednesday, August 19 with "Overweight" rating. A total of 2.64 Million shares exchanged hands, whereas the company's average trading volume stands at 4.17 Million shares. Frontier Communications Corporation has a one year low of $6.08 and a one year high of $53.85. The company now has a Return on Equity of -27% and a Return on Investment of 5.1%. The company has market cap of $3.57 billion.

More news: Most Active Stock: Pandora Media, Inc

Shares of Frontier Commun Cp (NASDAQ:FTR) now have an Average Brokerage Recommendation of 3.27, number of Recs in ABR is 15 while industry rank of the company by ABR is 237 out of 265. Average true range (ATR-14) of the company sets at 0.56, along with its weekly and monthly volatility of 7.02% and 7.17% respectively. Frontier Communications had a negative return on equity of 1.97% and a negative net margin of 9.17%. This estimate is provided by 10 analysts. During the same quarter in the prior year, the company posted ($0.64) EPS. Vantage Inv Llc has 0.01% invested in Frontier Communications Corporation (NASDAQ:FTR) for 2,129 shares.

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 30.69%. The ex-dividend date of this dividend was Thursday, December 14th. Frontier Communications Corporation's dividend payout ratio is presently -77.78%.

Several institutional investors have recently modified their holdings of FTR. Fiera Capital Corp purchased a new position in Frontier Communications during the 2nd quarter valued at approximately $905,000. Raymond James Financial Services Advisors Inc. now owns 381,695 shares of the utilities provider's stock valued at $443,000 after purchasing an additional 132,156 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of Frontier Communications by 204.3% in the second quarter. Vanguard Group Inc. now owns 116,799,968 shares of the utilities provider's stock valued at $135,488,000 after purchasing an additional 10,474,703 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Frontier Communications in the third quarter valued at approximately $124,000. Finally, State Street Corp grew its holdings in Frontier Communications by 14.9% during the 2nd quarter.

Invitae Corporation (NYSE:NVTA) plunged -14.93% with the closing price of $7.58. If you are reading this piece of content on another domain, it was stolen and reposted in violation of U.S. & global trademark & copyright laws. Meridian Investment Counsel invested 0.36% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR). It offers broadband, video, voice, and other services and products through a combination of fiber and copper based networks to residential customers. The firm also provides broadband, Ethernet, traditional circuit-based, data and optical transport, and voice services, as well as Multiprotocol Label Switching and Time Division Multiplexing services to small business, medium business, and larger enterprises, as well as sells customer premise equipment.


  • Keith Urban coming to Saskatoon in September

    Keith Urban coming to Saskatoon in September

    Rumors of the show had been circulating for several weeks, and promoters made the official announcement on Thursday morning. Urban's new album is expected to feature the single " Female ", along with new song "Parallel Lines".
    Micron Technology, Inc. (NASDAQ:MU) Earns Buy Rating from Macquarie

    Micron Technology, Inc. (NASDAQ:MU) Earns Buy Rating from Macquarie

    The company was maintained on Wednesday, December 20 by KeyBanc Capital Markets. (NASDAQ:MU) rating on Wednesday, October 5. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward.

    Profund Advisors LLC Has $1452000 Position in Apache Corporation

    Further, company shares have been seen trading -27.61% off of the 52 week high and 21.32% away from the 52 week low. The stock of Apache Corporation (NYSE: APA ) earned "Overweight" rating by Simmons & Co on Tuesday, September 29.
  • Baker Mayfield to Kenny Stills: '#GetMeToMiami'

    Baker Mayfield to Kenny Stills: '#GetMeToMiami'

    Odds are, the Heisman Trophy and Manning Award-winning gunslinger will be there for the taking when the Dolphins are on the clock. Recently Grier would not rule out using the 11th overall pick on a quarterback and Mayfield certainly may be available.
    Paul Ryan presses Democrats to back bill preventing government shutdown

    Paul Ryan presses Democrats to back bill preventing government shutdown

    Dianne Feinstein of California and Virginia Democratic Sens. "But overall, it's a deal we can probably support", he said. There are defense hawks who are very wary of voting for it without a deal in place to raise the cap on defense spending.

    Trump slams Durbin, who he says 'misrepresented' his immigration comments

    In recent weeks the Trump administration has made a series of announcements that have brought that status to an end. Trump was widely condemned by many African countries and by worldwide rights organisations for the comments.
  • Share Activity Lifted (1.22%) for Energy Bear 3X Direxion (ERY) in Session

    Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. CMF then sums Money Flow Volume over a user-defined number of periods and divides by the total volume for that number of periods.
    Newsweek offices were raided by the Manhattan district attorney

    Newsweek offices were raided by the Manhattan district attorney

    One source said that the investigators were paying special attention to the serial numbers on the servers. Employees said the police appeared to be from the NYPD, not the Federal Bureau of Investigation .

    GOP Senator Insists Trump Didn't Make 'Sh*thole' Comment

    There are nearly 800,000 young DACA beneficiaries who will face imminent deportation in March if we do not reach a deal. Joe Manchin of West Virginia saying that the idea that Durbin or Graham would "make something up" was wrong.
  • What's Your Super Bowl 52 Prediction?

    What's Your Super Bowl 52 Prediction?

    The Patriots were 5-3 against the spread at home this season and went over the total in five out of eight home games. Bouye, but the speedy 26-year-old was the best defensive player on the field against the Steelers.
    Woody Allen hits back at molestation claims, daughter says he's 'lying'

    Woody Allen hits back at molestation claims, daughter says he's 'lying'

    Also, Lorde's been linked to the producer of her latest album, Jack Antonoff - but they're denying it. She added, "And it is hard for me to see him and to hear his voice".
    United States  housing starts decline in December

    United States housing starts decline in December

    Authorizations of units in buildings with five units or more were at a rate of 382,000 in December. Yun noted that the market is in dire need of entry-level starter homes at lower price points.