FRO Stock Summary and Trading Ideas (Frontline PLC | NYSE:FRO)

Frontline PLC is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline PLC trades on the NYSE stock market under the symbol FRO.

As of March 5, 2025, FRO stock price declined to $15.79 with 2,842,402 million shares trading.

FRO has a beta of 0.18, meaning it tends to be less sensitive to market movements. FRO has a correlation of 0.00 to the broad based SPY ETF.

FRO has a market cap of $3.52 billion. This is considered a Mid Cap stock.

Last quarter Frontline PLC reported $426 million in Revenue and $.20 earnings per share. This beat revenue expectation by $143 million and missed earnings estimates by -$.07.

In the last 3 years, FRO traded as high as $29.39 and as low as $7.48.

The top ETF exchange traded funds that FRO belongs to (by Net Assets): SDIV, BOAT, FNDC, NORW, EIPX.

FRO has underperformed the market in the last year with a price return of -21.4% while the SPY ETF gained +15.2%. However, in the short term, FRO had mixed performance relative to the market. It has outperformed in the last 3 months, returning -0.2% vs -3.7% return in SPY. But in the last 2 weeks, FRO shares have been beat by the market, returning -10.5% compared to an SPY return of -4.6%.

FRO support price is $16.09 and resistance is $17.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRO shares will trade within this expected range on the day.