How to Buy Frontline Stock
Frontline PLC
Frontline is a oil & gas midstream company located in Bermuda, which is part of the Energy sector, and is traded under the ticker FRO on the NYSE exchange.
Frontline stock last closed at $22.72, down 2.95% from the previous day, and has increased 37.95% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.21 percentage points. Frontline stock is currently +70.19% from its 52-week low of $13.35, and -9.61% from its 52-week high of $25.14.
As of Apr 24, 2024, there are 222.62M shares of FRO outstanding. The market cap of FRO is $5.06B. In the past 24 hours, 3.79M FRO shares were traded.
How to Buy Frontline Stock
Wondering how to invest in Frontline stock? Here's how.
- Figure out where to buy Frontline stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Frontline stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Analyze Frontline stock: The Frontline ticker symbol is FRO. Is Frontline stock a good investment? Should you buy shares of FRO? How do FRO's underlying business fundamentals look? Do top analysts think Frontline is a good buy? Why has FRO's stock price moved recently? (Hint: Our stock research tools can help you evaluate if FRO is a good stock to buy).
- Place your FRO trade: Decide if you will purchase FRO shares at the current market price or use a limit order to buy FRO shares at a specific price.
- Get the latest news on your investment in FRO: Create a watchlist to important notifications about your new investment in Frontline shares.
Step 1: Figure out where to buy Frontline stock
You will need an online brokerage account to access the NYSE market and buy FRO shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you can invest in FRO today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on stock market apps, you can securely and quickly fund your account:
Watch the video below to see the process of depositing funds into your brokerage account.
Step 4: Analyze Frontline stock
After you have figured out the best place to buy Frontline stock, it's absolutely critical to evaluate their stock before you buy, so you truly understand the risk as well as the opportunity.
Overview of key FRO info
FRO Fundamentals
WallStreetZen was created to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FRO's stock page.
Is FRO stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FRO's fair value.
Using relative valuations metrics:
- FRO could be undervalued based on its P/B ratio of 2.27x, relative to Oil & Gas Midstream industry P/B ratio of 2.34x
You can access additional valuation research on FRO's stock here.
A look at FRO Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the FRO balance sheet.
- Total FRO debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- FRO has a relatively high debt to equity ratio of 1.07.
- There are more long-term liabilities than short-term assets on the FRO balance sheet.
Do Wall Street analysts think it's a good time to buy Frontline stock
Out of 3 sell side analysts who give ratings on FRO, the consensus analyst rating on FRO is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Frontline stock forecast page.
Metrics for Advanced FRO Traders
Are FRO insiders buying or selling the stock?
In the last year, insiders at FRO have not bought or sold any shares.
Dig into more about who owns FRO shares here.
Can I rely on FRO as an income stream?
Frontline pays a dividend of 9.55%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.94%. If you owned $1,000 of FRO stock, you would have been paid $95.51 in the past year.
Frontline dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Frontline dividend yield and history here.
What others are saying about FRO
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your FRO trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you need additional help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your investment in FRO
Now that you own some FRO stock, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your FRO stock.
FRO Feed
How to Buy Stock in Frontline
To reiterate, here are the 6 steps you need to take to buy Frontline stock right now:
- Figure out where to buy Frontline stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Frontline stock
- Place your FRO trade
- Get the latest news on your investment in FRO
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Frontline, add FRO to your watchlist by clicking the button below.
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