Frontier Communications Corporation (FTR) closed at $1.22 in the last trading session


Sigma Planning Corp now owns 48,578 shares of the utilities provider's stock valued at $104,000 after buying an additional 362 shares in the last quarter.

Frontier Communications Corporation (FTR) has built up a compelling picture over the last few trading sessions and both traders and analysts are now starting to take a keen look at the stock. It fall, as 70 investors sold FTR shares while 168 reduced holdings. The stock had its last split on Nov 27, 1998. The VC1 of Frontier Communications Corporation (NasdaqGS:FTR) is 9. Jefferies Group LLC reissued a "buy" rating and issued a $4.00 price objective (up previously from $3.50) on shares of Frontier Communications Corporation in a research note on Friday, April 28th. Bank of America downgraded Frontier Communications Corp (NASDAQ:FTR) on Tuesday, March 7 to "Neutral" rating. Frontier Communications Corp now has $1.48 billion valuation. First Republic Investment Management Inc. boosted its position in shares of Frontier Communications Corp by 9.8% in the fourth quarter. Other data points that give some insights into the stock include the outstanding shares figure, now 1.18B.

EVP, Field Operations, Lass John, purchased 8,000 common shares of Frontier Communications Corporation (FTR) in the open market. 16, 2017. The company's shares were assimilated at $1.32 per share worth to an investment of some $66,000 on account of Weslock Kathleen. Latest closing price was 3.00% above its 50-day moving average and 3.29% above its 200-day moving average. The public float for the stock is 1.17B and current market cap is 1.34B. The formula which was developed by hedge fund manager Joel Greenblatt, is meant to spot high quality companies that are trading at an attractive price.

Frontier Communications Corp (NASDAQ:FTR) last released its earnings results on Tuesday, May 2nd. The utilities provider reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.03. Frontier Communications Corporation had a negative net margin of 2.65% and a positive return on equity of 0.19%.

Average Revenue Estimate for the current quarter is $2.32 Billion, according to consensus forecast of 10 analysts. Frontier Communications had 18 analyst reports since August 4, 2015 according to SRatingsIntel.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 14.04%. The ex-dividend date of this dividend is Tuesday, June 13th. Frontier Communications Corporation's dividend payout ratio (DPR) is now -38.10%.

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A number of analysts have recently issued reports on the stock. Analysts reported that the Price Target for Frontier Communications Corporation might touch $4.5 high while the Average Price Target and Low price Target is $1.95 and $0.8 respectively. Goldman Sachs downgraded the stock to "Sell" rating in Wednesday, March 22 report.

Brokerage houses, on average, are recommending investors to hold Frontier Communications Corporation (FTR)'s shares projecting a $2.07 target price. Frontier Communications Corporation has a one bull (extreme weakness) technical rating because it's trading below the 10 day, 50 day and 200 day simple moving averages while the 10-day moving average is below the 50-day moving average and the 50-day moving average is below the 200-day moving average.

Among 17 analysts covering Fossil (NASDAQ:FOSL), 3 have Buy rating, 6 Sell and 8 Hold. Finally, TheStreet lowered Frontier Communications Corporation from a "c-" rating to a "d+" rating in a research note on Monday, February 27th. The Firm offers a portfolio of communications services for residential and business customers. The Company's services and products include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).