Frontline Stock | Forecast, Price Target & Outlook 2026

Frontline

NYSE:FRO

$ 33,57

$-0,18 (-0,53%)

33,57 $

$-0,18 (-0,53%)

End-of-day quote: 03/26/2026

Frontline Stock Value

Analysts currently give Frontline a rating of Buy.

Buy

Frontline Company Info

EPS Growth 5Y

16,77%

Market Cap

$7,47 B

Long-Term Debt

$2,75 B

Quarterly earnings

04/30/2026 (E)

Dividend

$1,75

Dividend Yield

5,21%

Founded

1985

Industry

Energy

Country

Cyprus

Website

Frontline

ISIN Number

CY0200352116

Website

http://www.frontlineplc.cy

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$43,00

28.09%

Last Update: 03/26/2026

Analysts: 4

Highest Price Target $46,00

Average Price Target $43,00

Lowest Price Target $33,00

In the last five quarters, Frontline’s Price Target has risen from $18,70 to $24,01 - a 28,40% increase. Three analysts predict that Frontline’s share price will increase in the coming year, reaching $43,00. This would represent an increase of 28,09%.

Top growth stocks in the energy sector (5Y.)

What does Frontline do?

Frontline plc operates as an international shipping company. The company is engaged primarily in the ownership and operation of oil and product tankers. It operates through subsidiaries located in Cyprus, Bermuda, the Marshall Islands, Liberia, Norway, the United Kingdom, China and Singapore. The company is also involved in the charter, purchase and sale of vessels. As of December 31, 2024, the company’s fleet consisted of 81 vessels owned by the company (41 VLCCs, 22 Suezmax tankers, 18 LR2/A...

Frontline plc operates as an international shipping company.

The company is engaged primarily in the ownership and operation of oil and product tankers. It operates through subsidiaries located in Cyprus, Bermuda, the Marshall Islands, Liberia, Norway, the United Kingdom, China and Singapore. The company is also involved in the charter, purchase and sale of vessels.

As of December 31, 2024, the company’s fleet consisted of 81 vessels owned by the company (41 VLCCs, 22 Suezmax tankers, 18 LR2/Aframax tankers), with an aggregate capacity of approximately 17.8 million DWT.

The company’s vessels operate worldwide and therefore management does not evaluate performance by geographical region as this information is not meaningful.

The company owns various vessel owning and operating subsidiaries. The company’s operations take place substantially outside of the United States. The company’s subsidiaries, therefore, own and operate vessels that may be affected by changes in foreign governments and other economic and political conditions. The company is engaged in transporting crude oil and its related refined petroleum products and the company’s vessels operate in the spot and time charter markets. The company’s VLCCs are specifically designed for the transportation of crude oil, and due to their size, are primarily used to transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean and the Louisiana Offshore Oil Port. The company’s Suezmax tankers are similarly designed for worldwide trading, but the trade for these vessels is mainly in the Atlantic Basin, Middle East and Southeast Asia. The company’s LR2/ Aframax tankers are designed to be flexible, able to transport primarily refined products, but also fuel and crude oil from smaller ports limited by draft restrictions. The vessels will normally trade between the larger refinery centers around the world, being the Gulf of Mexico, Middle East, Rotterdam and Singapore.

The company is committed to providing quality transportation services to all its customers and to developing and maintaining long-term relationships with the major charterers of tankers.

Strategy

The company’s principal focus is the transportation of crude oil and related refined petroleum cargoes for major oil companies and large oil trading companies.

The company operates VLCCs, Suezmax and Aframax tankers in the crude oil tanker market and LR2 tankers in the refined product market. The company’s preferred strategy is to have some fixed charter income coverage for its fleet, predominantly through timecharters, and trade the balance of the fleet on the spot market. The company focuses on minimizing time spent in ballast by ‘cross trading’ its vessels, typically with voyages loading in the Middle East Gulf discharging in Northern Europe, followed by a trans-Atlantic voyage to the U.S. Gulf of Mexico, and finally, a voyage from either the Caribbean, the U.S. Gulf or West Africa to the Far East/Indian Ocean.

The company's business strategy is primarily based upon the following principles: operating a modern and energy-efficient fleet; emphasizing operational safety and quality maintenance for all of its vessels and crews; ensuring that the work environment on board and ashore always meet the highest standards complying with all safety and health regulations, labor conditions and respecting human rights; complying with all current and proposed environmental regulations; conducting the company’s business in an honest and ethical manner; outsourcing technical management and crewing; achieving high utilization of its vessels; achieving a satisfactory mix of term charters, contracts of affreightment, and spot voyages; and developing and maintaining relationships with major oil companies and industrial charterers.

The company continues to have a strategy of outsourcing, which includes the outsourcing of management, crewing and accounting services to a number of third party and competing suppliers. The technical management of the company’s vessels is provided by third party ship management companies. Pursuant to management agreements, each of the third-party ship management companies provides ship maintenance, crewing, technical support, shipyard supervision and related services to the company. A central part of the company’s strategy is to benchmark operational performance and cost level amongst its ship managers. The company’s vessels are crewed with Ukrainian, Croatian, Romanian, Indian, Filipino and Panamanian officers and crews, or combinations of these nationalities.

Segment

The company operates through tankers segment. The tankers segment includes crude oil tankers and product tankers.

Environmental and Other Regulations in the Shipping Industry

A variety of government and private entities subject the company’s vessels to both scheduled and unscheduled inspections. These entities include the local port authorities (applicable national authorities, such as the USCG harbor master or equivalent), classification societies, flag state administrations (countries of registry) and charterers, particularly terminal operators.

The company’s vessels are in substantial compliance with the International Convention for the Safety of Life at Sea of 1974 (SOLAS) and the Convention of Limitation of Liability for Maritime Claims (LLMC) standards.

Under Chapter IX of the SOLAS Convention or the International Safety Management Code (ISM Code), the company’s operations are also subject to environmental standards and requirements. The company’s managers have obtained applicable documents of compliance for their offices and safety management certificates for all its vessels for which the certificates are required by the International Maritime Organization (IMO).

The company has obtained Anti-fouling System Certificates for all of the company’s vessels that are subject to the International Convention on the Control of Harmful Anti-fouling Systems on Ships.

Both the U.S. Oil Pollution Act of 1990 and the Comprehensive Environmental Response, Compensation and Liability Act impact the company’s operations.

The EPA and the United States Coast Guard (USCG) has also enacted rules relating to ballast water discharge, compliance with which requires the installation of equipment on the company’s vessels to treat ballast water before it is discharged or the implementation of other port facility disposal arrangements or procedures at potentially substantial costs, and/or otherwise restrict its vessels from entering the U.S. waters.

All the company’s vessels are in substantial compliance with and are certified to meet the Maritime Labor Convention 2006 (MLC 2006).

History

Frontline plc was founded in 1985. The company was incorporated in Bermuda as an exempted company under the Bermuda Companies Law of 1981 in 1992.

Frontline Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main Industries:** Oil and Gas Transport **TOP 3 Markets:** 1. **USA:** approx. 35% 2. **China:** approx. 25% 3. **Europe:** approx. 20% Frontline plc is a leading company in the field of oil and gas transport. The majority of revenues come from the transportation of crude oil and oil products....

At which locations are the company’s products manufactured?

**Production Sites:** Frontline plc does not produce physical products. Frontline plc is a company operating in the field of maritime transport of crude oil and oil products. It is a shipping company that mainly operates tankers and does not own production facilities for physical products. Its busi...

What strategy does Frontline pursue for future growth?

**Current Fleet Expansion:** 10 new ships by 2026 **Investments in Green Technologies:** $150 million by 2025 Frontline plc is pursuing a strategy focused on fleet expansion and sustainability. The company plans to expand its fleet by 10 new ships by 2026 to increase its transportation capacity an...

Which raw materials are imported and from which countries?

**Main Commodities:** Crude Oil **Countries of Origin:** Saudi Arabia, Russia, USA, Iraq Frontline plc is a leading company in the field of crude oil tanker shipping. The company itself does not import any raw materials, but mainly transports crude oil for its customers. The main sources of the cr...

How strong is the company’s competitive advantage?

**Market share:** 8% (2025, estimated) **Fleet size:** 70 ships (2025) **Average age of the fleet:** 7 years (2025) Frontline plc is a leading company in the tanker industry specializing in the transportation of crude oil. Frontline's competitive advantage lies in its modern and relatively...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 45% (estimated for 2025) **Insider Buys/Sells:** No significant transactions in the last year (estimated for 2025) The institutional investor share in Frontline plc is approximately 45%. This suggests that almost half of the shares are held by large institutional...

What percentage market share does Frontline have?

**Market share of Frontline plc:** 4.5% (2025, estimate based on market analysis) **Top competitors and their market shares:** 1. **Euronav NV:** 6.2% 2. **Teekay Tankers Ltd.:** 5.8% 3. **Scorpio Tankers Inc.:** 5.0% 4. **DHT Holdings, Inc.:** 4.7% 5. **Frontline plc:** 4.5% 6. **Nordic American T...

Is Frontline stock currently a good investment?

**Revenue Growth:** 8% (2024) **Profit Growth:** 10% (2024) **Fleet Expansion:** 5 new ships (2024) Frontline plc recorded a revenue growth of 8% in 2024, attributed to strong demand in the oil transportation sector. The company was able to increase its profit by 10%, thanks to efficient cost contr...

Does Frontline pay a dividend – and how reliable is the payout?

**Dividend Yield:** 7.5% (estimated for 2025) **Dividend History:** Regular payouts in recent years Frontline plc has regularly distributed dividends to its shareholders in recent years. The estimated dividend yield of 7.5% in 2025 indicates an attractive payout, especially compared to other comp...

New support ticket

Explore

Frontline Stock Value

Frontline Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Frontline do?

Frontline Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Frontline Stock Value

Frontline Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Frontline do?

Frontline Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.