Frontier Communications Parent (FYBR)

Frontier Communications Corp. engages in the provision of communication services to urban, suburban, and rural customers. The firm offers voice, data, and video services and products on a standalone basis and as bundled or packaged solutions. It also provides data and Internet services, voice services, switched access services, video services, and Customer Premise Equipment. The company was founded in 1935 and is headquartered in Stamford, CT.

Company profile

Ticker

FYBR

Exchange

NASDAQ

Website

frontier.com/

CEO

Bernard Han

Incorporated

Delaware

Location

Connecticut

Fiscal year end

Dec 31

Sector

Information > Telecommunications Resellers

Industry (SIC)

Telephone Communications (No Radiotelephone)

AT&T • Verizon Communications • SPRINT • Lumen • Qwest • Windstream Services • Level 3 Parent • Windstream • Telephone And Data Systems • Cincinnati Bell ...

Former names

CITIZENS COMMUNICATIONS CO, CITIZENS UTILITIES CO, FRONTIER COMMUNICATIONS CORP

SEC CIK

0000020520

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Citizens Capital Ventures Corp. • Citizens Directory Services Company L.L.C. • Citizens Louisiana Accounting Company • Citizens Newcom Company • Citizens Newtel, LLC • Citizens Pennsylvania Company LLC • Citizens SERP Administration Company • Citizens Telecom Services Company L.L.C. • Citizens Telecommunications Company • Citizens Utilities Capital L.P. ...

IRS number

60619596

FYBR stock data

1M 1Y 5Y

News

From Benzinga Pro

Frontier Communications Beats Q2 Despite Decline In Q2 Video, Voice Services

5 Aug 22

Earnings Scheduled For August 5, 2022

5 Aug 22

Companies Reporting Before The Bell • Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.

Goldman Sachs Maintains Buy on Frontier Communications, Lowers Price Target to $39

12 Jul 22

Goldman Sachs analyst Brett Feldman maintains Frontier Communications (NASDAQ:FYBR) with a Buy and lowers the price target from $45 to $39.

Looking Into Frontier Communications's Return On Invested Capital

1 Jun 22

Benzinga's Top Ratings Upgrades, Downgrades For May 26, 2022

26 May 22

Press releases

From Benzinga Pro

Frontier Names Ettienne Brandt Head of Commercial Business

9 Aug 22

Frontier (NASDAQ:FYBR): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220809005440/en/Ettienne Brandt, EVP of Commercial, Frontier (Photo: Business

Frontier's Strong Execution Delivers Sequential EBITDA Growth

5 Aug 22

Reports Second-Quarter 2022 Financial Results and Raises Full-Year Guidance Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported second-quarter 2022 results today. "Frontier is Building Gigabit

Frontier to Present at Cowen Communications Infrastructure Summit

27 Jul 22

Frontier Communications Parent, Inc. (NASDAQ:FYBR) What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced that Chief Financial Officer Scott Beasley is scheduled to present

Frontier to Report Second-Quarter 2022 Earnings on August 5, 2022

7 Jul 22

Frontier to Present at Credit Suisse 24th Annual Communications Conference

7 Jun 22

Analyst ratings and price targets

Last 3 months

Average target

$32.00

Low target

$25.00

High target

$39.00

Calendar

5 Aug 22

16 Aug 22

31 Dec 22

Financial summary

Financial statements Chart FYBR financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	708M	708M	708M	708M	708M	708M
Cash burn (monthly)	213.67M	53.42M	8.67M	3.58M	6.33M	2.33M
Cash used (since last report)	335.7M	83.93M	13.62M	5.63M	9.95M	3.67M
Cash remaining	372.3M	624.07M	694.38M	702.37M	698.05M	704.33M
Runway (months of cash)	1.7	11.7	80.1	196.0	110.2	301.9

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

FYBR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Aug 22	Donald Daniels	Common Stock	Payment of exercise	Dispose F	No	No	26.01	1,243	32.33K	10,024
24 Jun 22	William McGloin	Common Stock	Grant	Acquire A	No	No	0	289	0	8,045
31 May 22	Pusey Stephen Charles	Common Stock	Grant	Acquire A	No	No	0	6,750	0	16,642
31 May 22	Maryann Turcke	Common Stock	Grant	Acquire A	No	No	0	6,750	0	20,026

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

FYBR institutional ownership history Ownership history

93.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	163	163	–
Opened positions	33	42	-21.4%
Closed positions	33	29	+13.8%
Increased positions	53	49	+8.2%
Reduced positions	37	45	-17.8%

13F shares	Current	Prev Q	Change
Total value	7.81B	6.72B	+16.2%
Total shares	227.87M	228.02M	-0.1%
Total puts	259.8K	301.7K	-13.9%
Total calls	908.2K	945K	-3.9%
Total put/call ratio	0.3	0.3	-10.4%

Largest owners	Shares	Value	Change
ARES Ares Management	35.21M	$974.13M	0.0%
Cerberus Capital Management	21.96M	$607.59M	+4.5%
Glendon Capital Management	21.51M	$595.13M	+1.3%
Vanguard	21.14M	$584.99M	+0.9%
Capital International Investors	10.95M	$303.09M	+19.8%
Silver Point Capital	9.51M	$263.09M	+3.1%
Empyrean Capital Partners	7.25M	$200.61M	0.0%
ANTIPODES PARTNERS	6.4M	$177.16M	-0.8%
Taconic Capital Advisors	6.35M	$175.84M	+1.8%
BLK Blackrock	5.68M	$157.3M	-4.3%

Largest transactions	Shares	Bought/sold	Change
MCQEF Macquarie	1.48M	-2.04M	-57.9%
Capital International Investors	10.95M	+1.81M	+19.8%
Beach Point Capital Management	4.8M	-1.7M	-26.1%
Luxor Capital	2.07M	+1.46M	+239.3%
BEN Franklin Resources	0	-1.33M	EXIT
Millennium Management	1.39M	+967.96K	+230.5%
Cerberus Capital Management	21.96M	+946.66K	+4.5%
Schonfeld Strategic Advisors	80.54K	-658.67K	-89.1%
Point72 Asset Management	365.69K	-587.91K	-61.7%
Citadel Advisors	206.08K	-553.92K	-72.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Shenandoah Telecommunications • Liberty Broadband Corp - Series A

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: ban, began, clarifying, country, Desist, energy, excavation, Exhibit, expressly, fine, formatted, fuel, inline, iv, iXBRL, Language, leaseback, led, McGloin, moderate, NOV, oFiber, oIn, Overnight, Page, Penalty, placement, proceeding, prolonged, PURA, refund, risen, secular, side, SOFR, thereunto, twelfth, underground, undersigned, vi, William, wrongdoing

Removed: affirmative, allocated, applied, begin, called, case, collectively, condemnation, conversion, converted, covenant, damage, declared, DIP, distinguish, effort, entering, ERISA, external, favor, Fitch, granular, home, impair, incorporate, incurring, indirect, involving, Issuer, issuing, lead, lender, level, limiting, making, medium, methodology, Moody, pari, partial, passu, paying, people, permit, preparing, prepaying, reclassification, recommend, redeeming, refusal, released, repurchasing, response, restate, Segregation, small, submitted, subordinated, supplemental, suspended, Takeback, threshold, unstayed

From filing 10-Q 2022 Q2

Financial reports

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