Frontdoor (NASDAQ:FTDR) Stock Price Target Raised at Truist Financial

Frontdoor (NASDAQ:FTDR) had its price target increased by Truist Financial from $105.00 to $115.00 in a report published on Friday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Several other research analysts have also weighed in on FTDR. Wolfe Research raised Frontdoor to an “outperform” rating in a research report on Monday, August 24th. Weiss Ratings raised shares of Frontdoor from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, October 21st. Oppenheimer increased their price objective on Frontdoor from $70.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. started coverage on shares of Frontdoor in a research note on Monday, August 24th. They issued a “neutral” rating and a $95.00 target price for the company. Finally, Benchmark lifted their price target on shares of Frontdoor from $80.00 to $96.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.40.

Frontdoor Stock Performance

Shares of FTDR traded up $1.11 during mid-day trading on Friday, reaching $97.09. 1,008,622 shares of the company’s stock traded hands, compared to its average volume of 637,524. The company has a debt-to-equity ratio of 3.98, a quick ratio of 1.59 and a current ratio of 1.59. Frontdoor has a 12 month low of $48.47 and a 12 month high of $103.07. The business’s 50-day moving average price is $80.90 and its 200-day moving average price is $70.15. The stock has a market capitalization of $6.69 billion, a P/E ratio of 24.27 and a beta of 1.60.

Frontdoor (NASDAQ:FTDR) last announced its quarterly earnings data on Thursday, November 5th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.04. The business had revenue of $655.00 million during the quarter, compared to analyst estimates of $647.73 million. Frontdoor had a return on equity of 120.90% and a net margin of 12.72%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 earnings per share. Equities analysts predict that Frontdoor will post 4.67 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FTDR. Ieq Capital LLC acquired a new position in shares of Frontdoor in the 2nd quarter valued at $1,441,000. Amundi increased its position in shares of Frontdoor by 331.8% in the 2nd quarter. Amundi now owns 100,134 shares of the company’s stock valued at $7,769,000 after buying an additional 76,942 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Frontdoor in the 2nd quarter valued at $1,591,000. Bank of America Corp DE acquired a new stake in Frontdoor during the 2nd quarter worth $46,580,000. Finally, Ancora Advisors LLC raised its stake in Frontdoor by 32.4% during the 2nd quarter. Ancora Advisors LLC now owns 122,875 shares of the company’s stock worth $9,534,000 after buying an additional 30,090 shares during the period.

Frontdoor News Summary

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.