William Blair Increases Earnings Estimates for Frontdoor

Frontdoor Inc. (NASDAQ:FTDR) – Research analysts at William Blair boosted their FY2026 earnings per share estimates for shares of Frontdoor in a research report issued to clients and investors on Tuesday, August 5th. William Blair analyst J. Schmitt now expects that the company will post earnings per share of $3.95 for the year, up from their prior estimate of $3.50. The consensus estimate for Frontdoor’s current full-year earnings is $3.07 per share. William Blair also issued estimates for Frontdoor’s Q4 2026 earnings at $0.09 EPS.

FTDR has been the subject of several other reports. Truist Financial raised their price target on Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday. Oppenheimer raised their price target on Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. raised their price target on Frontdoor from $50.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, June 3rd. Finally, The Goldman Sachs Group raised their price objective on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday.

Frontdoor Stock Down 2.6%

FTDR opened at $54.88 on Friday. The company has a debt-to-equity ratio of 4.56, a current ratio of 1.49 and a quick ratio of 1.34. The business has a 50 day simple moving average of $57.87 and a 200-day simple moving average of $51.43. The stock has a market capitalization of $4.00 billion, a P/E ratio of 16.19 and a beta of 1.32. Frontdoor has a 12 month low of $35.61 and a 12 month high of $64.91.

Frontdoor (NASDAQ:FTDR) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.19. The business had revenue of $617.00 million for the quarter, compared to analyst estimates of $602.62 million. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.27 earnings per share.

Hedge Funds Weigh In On Frontdoor

Several hedge funds have recently bought and sold shares of the company. Quantinno Capital Management LP increased its stake in Frontdoor by 0.8% in the 4th quarter. Quantinno Capital Management LP now owns 24,212 shares of the company’s stock valued at $1,324,000 after purchasing an additional 183 shares in the last quarter. KLP Kapitalforvaltning AS increased its stake in Frontdoor by 0.6% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 33,700 shares of the company’s stock valued at $1,986,000 after purchasing an additional 200 shares in the last quarter. Blue Trust Inc. increased its stake in Frontdoor by 9.1% in the 2nd quarter. Blue Trust Inc. now owns 3,032 shares of the company’s stock valued at $179,000 after purchasing an additional 252 shares in the last quarter. Mariner LLC increased its position in Frontdoor by 4.0% during the fourth quarter. Mariner LLC now owns 7,311 shares of the company’s stock worth $400,000 after buying an additional 284 shares in the last quarter. Finally, Xponance Inc. increased its position in Frontdoor by 5.0% during the first quarter. Xponance Inc. now owns 5,971 shares of the company’s stock worth $229,000 after buying an additional 285 shares in the last quarter.

About Frontdoor

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company’s home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.