VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in Frontdoor Inc. (NASDAQ:FTDR – Free Report) by 71.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,900 shares of the company’s stock after selling 14,599 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Frontdoor were worth $431,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of FTDR. BlackRock Inc. bought a new stake in Frontdoor during the 2nd quarter valued at $859,552,000. Reinhart Partners LLC. lifted its holdings in shares of Frontdoor by 4.0% in the 2nd quarter. Reinhart Partners LLC. now owns 1,684,065 shares of the company’s stock worth $130,668,000 after buying an additional 64,561 shares during the period. Jupiter Topco LLC purchased a new stake in shares of Frontdoor in the 2nd quarter worth $113,873,000. Renaissance Technologies LLC lifted its holdings in shares of Frontdoor by 1.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,849,787 shares of the company’s stock worth $97,780,000 after buying an additional 23,800 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Frontdoor by 0.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,461,003 shares of the company’s stock worth $77,229,000 after buying an additional 7,145 shares in the last quarter.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. Truist Financial raised their price target on Frontdoor from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Friday. Wolfe Research raised shares of Frontdoor to an “outperform” rating in a research note on Monday, August 24th. The Goldman Sachs Group lowered their price objective on shares of Frontdoor from $91.00 to $81.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Oppenheimer increased their target price on shares of Frontdoor from $70.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, Benchmark raised their target price on shares of Frontdoor from $80.00 to $96.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $97.40.
Read Our Latest Stock Analysis on FTDR
Frontdoor Stock Performance
FTDR stock opened at $97.09 on Friday. Frontdoor Inc. has a one year low of $48.47 and a one year high of $103.07. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 24.27 and a beta of 1.60. The company has a debt-to-equity ratio of 3.57, a quick ratio of 1.59 and a current ratio of 1.75. The firm has a 50-day simple moving average of $80.90 and a two-hundred day simple moving average of $70.15.
Frontdoor (NASDAQ:FTDR – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.04. The firm had revenue of $655.00 million for the quarter, compared to the consensus estimate of $647.73 million. Frontdoor had a net margin of 12.96% and a return on equity of 124.74%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.58 EPS. On average, equities analysts forecast that Frontdoor Inc. will post 4.73 EPS for the current fiscal year.
More Frontdoor News
Here are the key news stories impacting Frontdoor this week:
- Positive Sentiment: Truist Financial raised its price target on FTDR from $105 to $115 and reiterated a “buy” rating. The new target implies about 18% upside from the cited share price. Truist Financial recommendations
- Positive Sentiment: Third-quarter results exceeded expectations: Frontdoor reported EPS of $1.81 versus the $1.77 consensus and revenue of $655 million versus an estimated $647.7 million. Revenue rose 6% year over year, while EPS increased from $1.58 a year earlier. Frontdoor Q3 earnings and revenues beat estimates
- Positive Sentiment: Fourth-quarter revenue guidance of $453 million to $463 million has a midpoint above analysts’ $455.1 million estimate, suggesting a modest near-term outlook beat. Frontdoor Q4 revenue outlook
- Positive Sentiment: A report highlighted a new $1 billion buyback, which could support shareholder returns and demand for the stock. Frontdoor Q3 2026: Heat Wave, Beat, and a New $1B Buyback
- Neutral Sentiment: Full-year 2026 revenue guidance of $2.2 billion is in line with consensus, so it offers little change to current expectations. Frontdoor Q3 2026 earnings call transcript
About Frontdoor
Frontdoor, Inc (NASDAQ: FTDR) is a provider of home warranties and related home repair services. The company helps homeowners manage the cost and complexity of maintaining household systems and appliances, including heating and cooling equipment, plumbing, electrical systems, water heaters and major kitchen appliances.
Frontdoor operates primarily through its American Home Shield brand, which offers home service plans and access to a network of professional contractors. The company also provides digital tools and services designed to help homeowners diagnose household problems, request service and connect with qualified professionals.
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