Frontdoor, Inc. Common Stock (FTDR)
Frontdoor, Inc. is a provider of home service plans and protection services in the United States. The company offers coverage for major appliances, home systems, and other household components, helping homeowners manage the costs of repairs and replacements. Founded in 2016 through the merger of ServiceMaster and American Home Shield, Frontdoor focuses on delivering comprehensive home warranty and repair solutions.
Company News
Frontdoor reported strong Q2 2025 financial results, with 14% revenue growth to $617 million, record 58% gross profit margin, and $1.63 non-GAAP EPS, exceeding analyst expectations. The company successfully integrated 2-10 Home Buyers Warranty and expanded into non-warranty service areas.
Arcosa, Inc. (ACA) has acquired the construction materials business of Stavola Holding Corporation for $1.2 billion, funded by a debt issuance. The company also divested its steel components business. These strategic moves are expected to reduce cyclicality and complexity in Arcosa's portfolio, positioning it for sustained growth in the construct...
A different kind of insurance company, FrontDoor has seen earnings estimates push up while the stock has gone sideways.
Shares of U.S. home builders have soared in 2023, but the stocks still trade well below historical price-to-earnings valuations.