Frontier Communications Corp. (NYSE:FTR) will be announcing its Q2 2013 earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $1.19 billion for the quarter.
Frontier Communications Corp. (NYSE:FTR) opened at 4.56 on Tuesday. Frontier Communications Corp. has a 1-year low of $3.71 and a 1-year high of $5.15. The stock’s 50-day moving average is currently $4.1. The company has a market cap of $4.550 billion and a price-to-earnings ratio of 30.40.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 30th. Stockholders of record on Monday, September 9th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 8.77%. The ex-dividend date is Thursday, September 5th.
A number of analysts have recently weighed in on FTR shares. Analysts at Zacks reiterated a “neutral” rating on shares of Frontier Communications Corp. in a research note to investors on Thursday, July 4th. They now have a $4.25 price target on the stock. On a related note, analysts at Nomura reiterated a “buy” rating on shares of Frontier Communications Corp. in a research note to investors on Tuesday, June 25th. They now have a $5.50 price target on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of Frontier Communications Corp. in a research note to investors on Thursday, May 30th. They set an “outperform” rating and a $5.00 price target on the stock.
Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $4.73.
Frontier Communications Corporation (NYSE:FTR) is a communications company providing services primarily to rural areas and small and medium-sized towns and cities in the United States.
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