Stocks for Portfolio with Profitability Analysis: Frontier Communications (NASDAQ:FTR)

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The share price of the company (NASDAQ:FTR) was down -1.59%, with a high of 2.54 during the day and the volume of Frontier Communications Corporation shares traded was 302730225. Conning Inc. now owns 30,128 shares of the company's stock worth $125,000 after buying an additional 3,660 shares in the last quarter. Frontier Communications Corp had a negative net margin of 5.01% and a positive return on equity of 2.05%.

Other institutional investors have also added to or reduced their stakes in the company. The company has a market cap of $2,896 million and the number of outstanding shares has been calculated to be 1,172,525,000 shares. Conning Inc. boosted its position in Frontier Communications Corp by 13.8% in the third quarter. First Republic Investment Management Inc. now owns 29,657 shares of the company's stock worth $101,000 after buying an additional 2,652 shares during the last quarter. Sowell Financial Services LLC purchased a new position in Frontier Communications Corp during the fourth quarter worth $261,000. Checchi Capital Advisers LLC now owns 32,168 shares of the company's stock valued at $134,000 after buying an additional 3,671 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new position in Frontier Communications Corp during the fourth quarter worth $104,000. Institutional investors own 67.26% of the company's stock.

Zacks Investment Research upgraded shares of Frontier Communications Corp (NASDAQ:FTR) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday morning. Shares of Frontier Communications Corporation (FTR) are trading -51.84% downward from the 52-week high mark and 6.93% above from the fifty two-week low mark. The highest price target outlook for the stock is $5 and the minimum price target estimate is $2.25.

Chesapeake Energy Corporation (NYSE:CHK), stock is trading $8.20 above the 52-week high and has displayed a high EPS growth of -36.80% in last 5 years.

The company is expected to report earnings of $-0.05 a share for the next quarter.

Frontier Communications Corporation (NASDAQ:FTR)'s distance from 200 day simple moving average is -34.42 percent, its distance from 50 day simple moving average is -20.9 percent, while its distance from 20 day simple moving average is -11.7 percent.

According to sentiments of 10 analysts the company is expected to report revenues of $2.35B for the current quarter. During the same period in the prior year, the firm earned $0.05 EPS. The company reported revenue of $1.32 Billion in the same period previous year. On average, equities research analysts anticipate that Frontier Communications Corp will post ($0.18) earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 17.00%. The ex-dividend date is Monday, March 13th. Frontier Communications Corp's dividend payout ratio (DPR) is -77.78%. On these bases, analysts would recommend this stock as an "Active Revolving Stocks". Jefferies Group LLC reduced their target price on Frontier Communications Corp from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Tuesday, February 28th.

Frontier Communications Corp (NASDAQ:FTR) last released its earnings results on Monday, February 27th.

When we have a peek on stock's historical trends we come to know that, the stock has slipped -3.70% in the past one week and plunged -22.09% during previous one month drive, the stock went down -23.26% during past quarter. TheStreet cut shares of Frontier Communications Corp from a c- rating to a d+ rating in a research report on Monday, February 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company.

According to Yahoo Finance, the price target for the company which analysts are aiming is 5.

Relative strength index (RSI-14) for Frontier Communications Corporation (FTR) is at 31.86. The Company offers a portfolio of communications services for residential and business customers in each of its markets.

FTR has been the subject of several other reports.

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