FYBR icon

Frontier Communications

34.65 USD
-0.10
0.29%
At close Dec 20, 4:00 PM EST
After hours
34.65
+0.00
0.00%
1 day
-0.29%
5 days
0.03%
1 month
-0.14%
3 months
-2.81%
6 months
39.10%
Year to date
34.20%
1 year
47.51%
5 years
28.57%
10 years
28.57%
 

About: Frontier Communications Parent Inc offers a variety of services to residential and business customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It offers communications solutions to small, medium, and enterprise businesses.

Employees: 12,950

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

89% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 45

17% more capital invested

Capital invested by funds: $7.16B [Q2] → $8.36B (+$1.2B) [Q3]

16% more call options, than puts

Call options by funds: $250M | Put options by funds: $216M

14% more funds holding

Funds holding: 280 [Q2] → 320 (+40) [Q3]

12% more funds holding in top 10

Funds holding in top 10: 17 [Q2] → 19 (+2) [Q3]

15% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 101

15.53% less ownership

Funds ownership: 110.07% [Q2] → 94.54% (-15.53%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$39
11%
upside
Avg. target
$39
11%
upside
High target
$39
11%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
TD Cowen
Gregory Williams
53% 1-year accuracy
8 / 15 met price target
11%upside
$39
Hold
Downgraded
8 Oct 2024

Financial journalist opinion

Based on 4 articles about FYBR published over the past 30 days

Neutral
GlobeNewsWire
3 days ago
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
Neutral
Business Wire
1 week ago
Frontier Offers Customers Netflix Premium Plan Just in Time for the Holiday Season
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What's happening: Frontier today announced a new entertainment bundle with Netflix just in time for the holiday season. Our customers can now enjoy streaming Netflix's Premium Plan offering shows, movies and exclusive live moments, powered by our high-speed fiber internet and popular Wi-Fi add-ons — with the convenience of one bill. Why we did it: Consumers are hungry for more live sports and entertainment content, and they want an easy, conveni.
Frontier Offers Customers Netflix Premium Plan Just in Time for the Holiday Season
Neutral
GlobeNewsWire
2 weeks ago
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
SAN DIEGO , Dec. 02, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
Neutral
GlobeNewsWire
3 weeks ago
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
SAN DIEGO, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?
Neutral
Business Wire
1 month ago
Frontier Releases New Study That Reveals Fiber Deployment Can Boost the U.S. Economy by Over $3 Trillion
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened: Frontier, in partnership with the Fiber Broadband Associated (FBA), today published a new study that finds deploying fiber in the U.S. could generate an estimated $3.24 trillion in economic impact by increasing housing values, lifting average household income and creating jobs. Why it matters: The U.S. currently lags behind most developed countries in fiber deployment, with approximately 62 million broadband serviceable locations—.
Frontier Releases New Study That Reveals Fiber Deployment Can Boost the U.S. Economy by Over $3 Trillion
Neutral
Business Wire
1 month ago
Frontier Communications Congratulates FCC Commissioner Brendan Carr
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR) congratulates Commissioner Brendan Carr on his appointment as Chairman of the Federal Communications Commission. “Incoming FCC Chairman Brendan Carr has consistently championed initiatives that spur broadband expansion and promote equitable access to high-speed internet,” said Frontier's CEO Nick Jeffery. “His thoughtful approach to telecom policy has paved the way for impactful investments that benefit consumers and strengthen the nation's conne.
Frontier Communications Congratulates FCC Commissioner Brendan Carr
Neutral
Business Wire
1 month ago
Frontier Donates High-Speed Fiber Internet to Support Community Art and Education in Connecticut
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What's the donation: Frontier is donating high-speed fiber internet to the nonprofit RiseUP Group, Inc. in Hartford, Conn. through our Broadband for Good program. This will provide RiseUP with fast, reliable connectivity to power its art and education initiatives, inspiring and uplifting communities across Connecticut. What's Broadband for Good: Broadband for Good is our commitment to advancing digital inclusion and strengthening the communities.
Frontier Donates High-Speed Fiber Internet to Support Community Art and Education in Connecticut
Positive
Reuters
1 month ago
Frontier shareholders approve $9.6 billion deal with Verizon
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.
Frontier shareholders approve $9.6 billion deal with Verizon
Neutral
Business Wire
1 month ago
Frontier Stockholders Approve Acquisition by Verizon
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Verizon Communications Inc. (NYSE, NASDAQ: VZ) (“Verizon”) at its special meeting held on November 13, 2024. Approximately 63% of stockholders voted “For” the merger agreement proposal, with ten of the company's top 12 stockholders voting to approve the transaction. On September 5, 2024, Frontier and Verizon announced they h.
Frontier Stockholders Approve Acquisition by Verizon
Positive
Reuters
1 month ago
Frontier communications shareholders set to approve deal to be acquired by verizon, sources say
Frontier Communications shareholders are set to approve a deal to be acquired by Verizon even after a number of large investors sought to get a higher price, sources familiar with the matter said on Wednesday.
Frontier communications shareholders set to approve deal to be acquired by verizon, sources say
Charts implemented using Lightweight Charts™