frontdoor, inc. provides home service plans in the United States. The company's home service plans cover 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 central heating, ventilation, and air conditioning systems. It serves homeowners under the American Home Shield, HSA, Landmark, OneGuard, Frontdoor, and Streem brands. frontdoor, inc. was founded in 1971 and is headquartered in Memphis, Tennessee.
IPO Year:
Exchange: NASDAQ
Website: frontdoorhome.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/2/2024 | Mkt Perform → Outperform | William Blair | |
10/6/2023 | $40.00 → $42.00 | Hold → Buy | Truist |
5/4/2023 | $30.00 → $38.00 | Neutral → Overweight | JP Morgan |
11/4/2022 | Outperform → Mkt Perform | William Blair | |
11/4/2022 | Outperform → Mkt Perform | Raymond James | |
6/10/2022 | $27.00 → $21.00 | Neutral → Sell | Goldman |
5/23/2022 | $32.00 → $29.00 | Buy → Hold | Truist |
2/25/2022 | $55.00 → $40.00 | Outperform | Raymond James |
1/7/2022 | $37.00 | Neutral | Goldman |
10/29/2021 | $58.00 → $55.00 | Outperform | Raymond James |
Members of the Gold and Platinum Plans also get video chat with an Expert feature American Home Shield, a Frontdoor, Inc. (NASDAQ:FTDR) company and the nation's leading provider of home warranties, is offering 40% off its ShieldPlatinum, ShieldGold and ShieldSilver warranty plans for new members now through March 31, 2025. An AHS home warranty is a one-year, renewable home warranty plan that covers up to 29 major home systems and appliances, like heating and air conditioning (HVAC), refrigerator, water heater, and washer and dryer. Plans cover the repair and replacement costs when parts of covered systems and appliances break down due to normal wear and tear. For homeowners considering a
New video chat benefit allows AHS members with select plans access to live expert advice for home repair and maintenance issues through the AHS app Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced an innovative new benefit for its flagship brand, American Home Shield: Members of select AHS plans can now talk live to an expert for home repair or maintenance issues via the AHS app. "Video chat in app with an expert is a game-changing innovation and none of our competitors have this capability at scale," said Bill Cobb, Chairman & CEO of Frontdoor, Inc. "This means members of selected AHS plans can now talk in real time to a highly experience
Revenue Increased 4% to $1.84 Billion; Gross Profit Margin Increased 410 Basis Points to 54%; Net Income and Adjusted EBITDA Increased 37% and 28%, respectively; Utilized $160 Million to Repurchase ~4 Million Shares in 2024; Completed Acquisition of 2-10 Home Buyers Warranty and $1.47 Billion Credit Facility Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced fourth-quarter and full-year 2024 results. Financial Results Three Months Ended December 31, Year Ended December 31, (In millions except as noted) 2024 2023 Change
Frontdoor leadership will present and release results in New York on February 27, 2025 Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, will host its fourth-quarter and full-year 2024 financial results on Thursday, February 27, 2025 and encourages participants to register in advance of the event. Several members of the leadership team will present at the company's Investor Day and provide an in-depth discussion of the company's vision, strategy, and innovative new service offerings, as well as the 2024 financial results and 2025 financial outlook. The event will begin at approximately 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time). A live webcast, as wel
Frontdoor, Inc., the nation's leading provider of home warranties and structural home warranties, recognizes National Home Warranty Day in honor of its leading brands that bring unmatched value and protection to homeowners nationwide. A home warranty is a one-year service contract that helps cover the repair and replacement costs when parts of covered systems and appliances break down due to normal wear and tear. It complements homeowner's insurance by protecting things insurance doesn't, like normal wear and tear. "If you're a homeowner, you know how stressful owning a home can be. It's not a matter of if a home system or appliance will break down, it's when. As the founder and leader
Partnership expansion helps homeowners easily identify installers for the Moen® Flo Smart Water Monitor and Shutoff, enhancing proactive leak detection Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it has expanded its agreement with Moen, a leader in water experiences in the home, to install the Moen® Flo Smart Water Monitor and Shutoff, an automatic water shut-off valve, in the homes of customers who purchase Flo as part of certain marketing programs with home insurance providers in six new states – Connecticut, Illinois, Kansas, Michigan, New Jersey and Tennessee. The latest expansion – bringing the total number of states to 14 – bega
Frontdoor leadership will present and release results in New York on February 27, 2025 Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it will release its fourth-quarter and full-year 2024 financial results on Thursday, February 27, 2024. Several members of the leadership team will present at the company's Investor Day event and provide an in-depth discussion of the company's vision, strategy, and innovative new service offerings, as well as the 2024 financial results and 2025 financial outlook. The event will begin at approximately 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time). A live webcast, as well as the presentation slides, will b
Frontdoor has partnered with BlueRecruit to award scholarships to help increase the pipeline of skilled trades professionals in the coming years as current workers age out of the profession. Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties launched a new trade school scholarship program in collaboration with BlueRecruit, a direct-hire marketplace built for skilled-trade workers, further connecting the dots between education and skilled trade career opportunities. "Launching this trade school scholarship program is a momentous occasion. Our hope is that this scholarship program will help to bridge the growing skilled trades labor gap by supporting the hard-
Increases Frontdoor's customer base, revenue and earnings Opens new sales channel for home warranties Diversifies portfolio into an adjacent and growing category Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it has completed the acquisition of 2-10 Home Buyers Warranty following receipt of all regulatory approvals and satisfaction of all other closing conditions. "Frontdoor, Inc. now owns a great brand and highly complementary business that aligns very well with our strategic growth priorities," said Frontdoor, Inc. Chairman and CEO Bill Cobb. "2-10 immediately grows our customer base, revenue and earnings. 2-10's New Home Structura
Company Has Obtained State of California Regulatory Approval 2-10 Acquisition Expected to Close in Mid-December Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it has launched the syndication of a new $1.47 billion credit facility to fund the acquisition of 2-10 Home Buyers Warranty and to refinance the company's existing credit facilities. The $1.47 billion credit facility is expected to be comprised of a $418 million Term Loan A, an $800 million Term Loan B, and a $250 million revolving credit facility. "We are nearly there on completing the acquisition and we are even more excited now about what 2-10 can do for our company," said B
Global marketing executive brings wealth of knowledge in strategy, innovation, and strategic partnerships Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, today announced that its board unanimously approved the election of Lara Balazs as a director and appointed her as a member of the Nominating and Corporate Governance Committee, effective yesterday, October 24. "Lara has a deep understanding of consumers, digitally-focused businesses, and strategy that will make her a tremendous asset to our board," said Bill Cobb, Frontdoor's Chairman and Chief Executive Officer. "Additionally, she has a strong background in corporate social responsibility such as d
Executive brings deep operations and HR experience to the brand's transformation Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced that it has appointed Kerri Jones as Senior Vice President and Chief People Officer, effective December 31, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230103005095/en/Kerri Jones (Photo: Business Wire) "Kerri Jones is a highly accomplished HR and operations executive. She has a proven track record of leading teams through change that drives improved planning and execution," said Bill Cobb, Frontdoor Chairman and CEO. "With her immense operational
Salesforce executive brings deep public and private company experience in consumer business, retail, healthcare and tech industries Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced today that it has appointed Jessica P. Ross as Senior Vice President and Chief Financial Officer, replacing Brian Turcotte, who will step down on December 30, 2022. To ensure a smooth leadership transition, Turcotte will remain with the company through March 31, 2023 as an advisor to the CEO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221205005194/en/Frontdoor names Jessica Ross as new CFO (Photo: Busin
Frontdoor Chairman William Cobb to Succeed Rexford Tibbens as Chief Executive Officer Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced today that William Cobb, chairman of the Frontdoor board of directors, will succeed Rexford Tibbens, President, Chief Executive Officer and a member of Frontdoor's board of directors, effective June 1, 2022. Tibbens has decided to step down from these roles and will remain with Frontdoor through June 30, 2022 in an advisory capacity to ensure a smooth leadership transition. Cobb has served as chairman of the Frontdoor board of directors since October 2018 and has been an instrumental guide to the company since i
Boland brings extensive expertise in consumer-focused, digitally enabled businesses to home services company Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced today that it has expanded its board of directors to nine on October 21, 2021 and named D. Steve Boland to its board of directors effective immediately. Boland will also serve on the nominating and corporate governance committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211022005104/en/Frontdoor names banking executive D. Steve Boland to its board of directors (Photo: Business Wire) Boland currently serves as chief administ
Clipper brings extensive expertise in finance and consumer-focused businesses to home services company Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced today that it has expanded its board of directors to nine on October 21, 2021 and named Christopher Clipper to its board of directors effective immediately. Clipper will also serve on the audit committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211022005105/en/Frontdoor names finance executive Christopher Clipper to its board of directors (Photo: Business Wire) Clipper currently serves as senior vice president and chief financia
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4 - Frontdoor, Inc. (0001727263) (Issuer)
4 - Frontdoor, Inc. (0001727263) (Issuer)
William Blair upgraded Frontdoor from Mkt Perform to Outperform
Truist upgraded Frontdoor from Hold to Buy and set a new price target of $42.00 from $40.00 previously
JP Morgan upgraded Frontdoor from Neutral to Overweight and set a new price target of $38.00 from $30.00 previously
William Blair downgraded Frontdoor from Outperform to Mkt Perform
Raymond James downgraded Frontdoor from Outperform to Mkt Perform
Goldman downgraded Frontdoor from Neutral to Sell and set a new price target of $21.00 from $27.00 previously
Truist downgraded Frontdoor from Buy to Hold and set a new price target of $29.00 from $32.00 previously
Raymond James reiterated coverage of Frontdoor with a rating of Outperform and set a new price target of $40.00 from $55.00 previously
Goldman resumed coverage of Frontdoor with a rating of Neutral and set a new price target of $37.00
Raymond James reiterated coverage of Frontdoor with a rating of Outperform and set a new price target of $55.00 from $58.00 previously
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Revenue Increased 4% to $1.84 Billion; Gross Profit Margin Increased 410 Basis Points to 54%; Net Income and Adjusted EBITDA Increased 37% and 28%, respectively; Utilized $160 Million to Repurchase ~4 Million Shares in 2024; Completed Acquisition of 2-10 Home Buyers Warranty and $1.47 Billion Credit Facility Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced fourth-quarter and full-year 2024 results. Financial Results Three Months Ended December 31, Year Ended December 31, (In millions except as noted) 2024 2023 Change
Increases Frontdoor's customer base, revenue and earnings Opens new sales channel for home warranties Diversifies portfolio into an adjacent and growing category Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it has completed the acquisition of 2-10 Home Buyers Warranty following receipt of all regulatory approvals and satisfaction of all other closing conditions. "Frontdoor, Inc. now owns a great brand and highly complementary business that aligns very well with our strategic growth priorities," said Frontdoor, Inc. Chairman and CEO Bill Cobb. "2-10 immediately grows our customer base, revenue and earnings. 2-10's New Home Structura
Revenue Increased 3% to $540 Million; Gross Profit Margin Increased 550 Basis Points to 57%; Net Income Increased 40% to $100 Million; Adjusted EBITDA(1) Increased 29% to $165 Million; Repurchased $119 Million of Shares Through August 2024; Launched New American Home Shield App in October; 2-10 Acquisition Remains on Track to Close in the Fourth Quarter of 2024 Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced its third-quarter 2024 results. Financial Results Three Months Ended September 30, (In millions except as noted) 2024 2023 Change Reven
Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it will release its third quarter 2024 financial results and hold a conference call on Monday, November 4, 2024 at 7:30 a.m. Central time (8:30 a.m. Eastern time). Participants can register for the conference call by clicking https://www.webcaster4.com/Webcast/Page/3067/51429. Once completed, each participant will receive access details via email. Additionally, the conference call will be available via webcast which will include a slide presentation highlighting the company's results. To participate via webcast and view the presentation, visit https://investors.frontdoorhome.com. The call will
Gross Profit Margin Increased 470 bps to Record High of 56%; Net Income Increased 32% to $92 Million; Adjusted EBITDA(1) Increased 31% to $158 Million; Acquisition of 2-10 Anticipated to Close in the Fourth Quarter of 2024; Frontdoor Board Approves New 3-Year, $650M Share Repurchase Authorization Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced its second-quarter 2024 results. Financial Results Three Months Ended June 30, $ millions (except as noted) 2024 2023 Change Revenue
Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it will release its second quarter 2024 financial results and hold a conference call on Thursday, August 1, 2024 at 7:30 a.m. Central time (8:30 a.m. Eastern time). Participants can register for the conference call by clicking this link. Once completed, each participant will receive access details via email. Additionally, the conference call will be available via webcast which will include a slide presentation highlighting the company's results. To participate via webcast and view the presentation, visit https://investors.frontdoorhome.com. The call will be available for replay for approxima
Frontdoor acquiring leading provider of new home structural warranties; Increases Frontdoor's customers, revenue and earnings; Opens new sales channel for home warranties; Diversifies portfolio into an adjacent and growing category Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it has entered into an agreement to acquire 2-10 Home Buyers Warranty (2-10 HBW) in an all cash transaction valued at $585 million. The transaction is anticipated to close in the fourth quarter of 2024, subject to regulatory approval and other customary closing conditions. Founded in Denver in 1980, 2-10 HBW is a leading provider of new home structural warranty pr
Gross Profit Margin Expanded 510 bps to 51%; Net Income of $34 Million and Adjusted EBITDA(1) of $71 Million; Raising Full-Year 2024 Gross Profit Margin and Adjusted EBITDA(2) Outlook; Relaunched the American Home Shield Brand in April Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced its first-quarter 2024 results. Financial Results Three Months Ended March 31, $ millions (except as noted) 2024 2023 Change Revenue $ 378 $ 367
Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranty plans, today announced it will release its first-quarter 2024 financial results and hold a conference call on Thursday, May 2, 2024 at 7:30 a.m. Central time (8:30 a.m. Eastern time). Participants may join this conference call by dialing 1-833-470-1428 (or international participants, 1-929-526-1599) and entering conference ID 300812. Additionally, the conference call will be available via webcast which will include a slide presentation highlighting the company's results. To participate via webcast and view the presentation, visit https://investors.frontdoorhome.com. The call will be available for replay for ap
Gross Profit Margin Rebounded 700 bps to 50% in 2023; Record Net Income of $171 Million and Adjusted EBITDA(1) of $346 Million; $120 Million Utilized to Repurchase 3.6 Million Shares; Targeting Higher Revenue and Adjusted EBITDA(1) in 2024 Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced fourth-quarter and full-year 2023 results. Financial Results Three Months Ended Year Ended December 31, December 31, $