News headlines about Frontier Communications (NASDAQ:FTR) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Frontier Communications earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 44.9404866324408 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern’s rankings:

Shares of Frontier Communications (FTR) traded down $0.61 on Monday, reaching $8.08. The company’s stock had a trading volume of 10,251,700 shares, compared to its average volume of 3,028,592. Frontier Communications has a 52-week low of $6.08 and a 52-week high of $57.30. The company has a debt-to-equity ratio of 5.16, a quick ratio of 0.70 and a current ratio of 0.70.

Frontier Communications (NASDAQ:FTR) last announced its earnings results on Tuesday, October 31st. The utilities provider reported ($0.94) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.95) by $0.01. The firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. Frontier Communications had a negative return on equity of 1.97% and a negative net margin of 9.17%. The business’s quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.64) EPS. equities research analysts forecast that Frontier Communications will post -4.17 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 29.70%. The ex-dividend date is Thursday, December 14th. Frontier Communications’s payout ratio is presently -17.38%.

A number of equities research analysts have weighed in on the company. BidaskClub raised Frontier Communications from a “hold” rating to a “buy” rating in a report on Tuesday, December 12th. Barclays began coverage on Frontier Communications in a report on Friday. They set an “underweight” rating and a $7.00 price objective on the stock. Royal Bank of Canada reissued a “hold” rating and set a $16.00 price objective on shares of Frontier Communications in a report on Sunday, September 17th. Deutsche Bank cut their price objective on Frontier Communications from $17.00 to $15.00 and set a “hold” rating on the stock in a report on Tuesday, October 10th. Finally, Cowen reissued a “hold” rating and set a $14.00 price objective on shares of Frontier Communications in a report on Thursday, October 19th. Six analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. Frontier Communications has a consensus rating of “Hold” and an average target price of $9.30.

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About Frontier Communications

Frontier Communications Corporation (Frontier) is a provider of communications services in the United States. The Company offers a portfolio of communications services for residential and business customers. Its products and services include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).

Insider Buying and Selling by Quarter for Frontier Communications (NASDAQ:FTR)

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