Frontdoor (FTDR) Stock

FTDR strengthens its portfolio with the acquisition of 2-10 HBW and secures a $1.47 billion credit facility to support growth and strategic initiatives.

MEMPHIS, Tenn.--(BUSINESS WIRE)--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 ou.

With Frontdoor's impressive marketing initiatives, strong retention rates and successful investments, here is how investors should position themselves going forward.

MEMPHIS, Tenn.--(BUSINESS WIRE)--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 th.

NEW YORK , Nov. 11, 2024 /PRNewswire/ --Purcell & Lefkowitz LLP announces that it is investigating Frontdoor, Inc. (NASDAQ: FTDR) on behalf of the company's shareholders. The investigation seeks to determine whether Frontdoor's directors breached their fiduciary duties in connection with recent corporate actions.

KRUS, FTDR and LIVN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 7, 2024.

Frontdoor (FTDR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Frontdoor (FTDR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Frontdoor (FTDR) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.94 per share a year ago.