A number of research firms have changed their ratings and price targets for Frontline (NYSE: FRO):
- 3/2/2026 – Frontline was downgraded by Dnb Carnegie from “strong-buy” to “hold”.
- 2/27/2026 – Frontline was downgraded by Piper Sandler to “neutral”.
- 2/27/2026 – Frontline had its “outperform” rating reaffirmed by Evercore Inc. They now have a $42.00 price target on the stock.
- 2/27/2026 – Frontline had its price target raised by BTIG Research from $35.00 to $42.00. They now have a “buy” rating on the stock.
- 2/4/2026 – Frontline had its price target raised by BTIG Research from $30.00 to $35.00. They now have a “buy” rating on the stock.
Frontline Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 12th were given a dividend of $1.03 per share. This is an increase from Frontline’s previous quarterly dividend of $0.19. This represents a $4.12 annualized dividend and a dividend yield of 12.7%. The ex-dividend date was Thursday, March 12th. Frontline’s payout ratio is currently 242.35%.
Frontline’s fleet is geared toward high-capacity, ocean-going tankers capable of carrying large volumes of crude oil over intercontinental distances.
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