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Frontdoor, Inc. - FTDR STOCK NEWS

Welcome to our dedicated page for Frontdoor news (Ticker: FTDR), a resource for investors and traders seeking the latest updates and insights on Frontdoor stock.

Frontdoor, Inc. (symbol: FTDR) is a forward-thinking company dedicated to simplifying home ownership. With over 50 years of unparalleled expertise as the nation's largest provider of home service plans, Frontdoor is transforming the home services industry. The company’s mission is to take the hassle out of home repairs and maintenance, offering peace of mind to homeowners across the United States.

Frontdoor owns several well-known home service brands, including American Home Shield, HSA, OneGuard, and Landmark. These brands provide comprehensive home service plans that help customers protect their homes from unexpected and costly breakdowns of essential systems and appliances. In the past year alone, Frontdoor responded to more than four million service requests, showcasing their reliability and commitment to customer satisfaction.

The company prides itself on a dynamic culture and innovative approach. With a leadership team experienced in disrupting industries and enhancing customer experiences, Frontdoor is continuously looking for new ways to improve their services. They leverage leading digital platforms to ensure a seamless and world-class customer experience.

Frontdoor's recent achievements include expanding its digital capabilities and strengthening its service network. Their innovative solutions and dedication to excellence have positioned them as a trusted partner for homeowners nationwide.

  • Core Business: Providing home service plans to maintain and protect home systems and appliances.
  • Recent Achievements: Digital platform enhancements and service network expansion.
  • Partnerships: Collaboration with top service providers to ensure quality repairs and maintenance.
  • Financial Condition: Robust financial performance driven by a growing customer base and operational efficiencies.
Rhea-AI Summary
Frontdoor, Inc. has appointed Lara Balazs as a director and member of the Nominating and Corporate Governance Committee. Balazs brings expertise in strategy, innovation, and strategic partnerships. She has a background in corporate social responsibility and will positively impact Frontdoor.
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Frontdoor, Inc. will release its Q3 2023 financial results on November 1, 2023. Interested parties can join the conference call or access the webcast to hear about the company's performance. The call will be available for replay for approximately 60 days.
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American Home Shield, a Frontdoor, Inc. company, is offering 30% off annual home service plans for new members from September 26 through September 28, 2023.
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94% of homeowners consider themselves early adopters of new technology, showing the prominence of smart home products in American households. Gen Z and Baby Boomers lead in smart home ownership with 87% and 77% respectively. Smart home tech has made home life better for both generations. Online reviews are important for homeowners seeking reliable repair persons. Procrastination is a common challenge for homeowners, with Gen Z and Northeasterners being particularly prone to it. Smart home technology empowers homeowners in managing their households more efficiently and conveniently.
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Frontdoor, Inc. announces unlimited live video chats for Prime and Premium members, providing real-time access to experts for home repair and maintenance needs.
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American Home Shield offers 30% off annual home service plans for new members until September 5, 2023.
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Stacey Braswell wins HGTV Smart Home 2023 valued at $2.2 million
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Frontdoor, Inc. (NASDAQ: FTDR) announced the Frontdoor app has been downloaded over one million times since its launch. The app offers a comprehensive home service plan, Frontdoor Premium, for just $29 per month, including real-time video chat, exclusive discounts, and coverage for repairs, maintenance, and appliances.
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Streem (STRE) Launches StreemCore® Remote Video Assistance for Salesforce, a no-download video support tool available on AppExchange. StreemCore empowers businesses to easily integrate interactive video into their Salesforce workflows, reducing support diagnosis and resolution times. Features include no app download, augmented reality-enabled annotation tools, OCR model & serial number capture, cloud-hosted archive, and seamless integration into existing workflows.
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Frontdoor, Inc. (NASDAQ: FTDR) announced second-quarter 2023 results, reporting an 840 basis point increase in gross profit to 52%, with net income more than doubling to $70 million. Adjusted EBITDA rose 57% to $121 million. The company also raised its full-year 2023 revenue, adjusted EBITDA, and share repurchase outlook. The second-quarter revenue increased 7% to $523 million, driven by favorable trends in weather, customer usage, and inflation.
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FAQ

What is the current stock price of Frontdoor (FTDR)?

The current stock price of Frontdoor (FTDR) is $56.09 as of December 20, 2024.

What is the market cap of Frontdoor (FTDR)?

The market cap of Frontdoor (FTDR) is approximately 4.1B.

What is Frontdoor, Inc.?

Frontdoor, Inc. is the largest provider of home service plans in the United States, offering protection against breakdowns of home systems and appliances.

What brands does Frontdoor, Inc. own?

Frontdoor owns American Home Shield, HSA, OneGuard, and Landmark.

How long has Frontdoor, Inc. been in operation?

Frontdoor, Inc. has over 50 years of expertise in the home service industry.

What is the core business of Frontdoor, Inc.?

The core business of Frontdoor, Inc. is providing home service plans to help homeowners maintain and protect their home systems and appliances.

How many service requests does Frontdoor handle annually?

Last year, Frontdoor responded to over four million service requests.

What is the mission of Frontdoor, Inc.?

Frontdoor, Inc. aims to simplify home ownership by taking the hassle out of home repairs and maintenance.

What recent achievements has Frontdoor, Inc. made?

Recent achievements include expanding its digital capabilities and strengthening its service network.

How does Frontdoor, Inc. ensure quality service?

Frontdoor collaborates with top service providers to guarantee quality repairs and maintenance.

What is the financial condition of Frontdoor, Inc.?

Frontdoor, Inc. has a robust financial performance, driven by a growing customer base and operational efficiencies.

What makes Frontdoor, Inc. innovative?

Frontdoor is known for its dynamic culture, innovative solutions, and use of leading digital platforms to enhance customer experience.

Frontdoor, Inc.

Nasdaq:FTDR

FTDR Rankings

FTDR Stock Data

4.14B
75.50M
0.43%
105.94%
3.72%
Personal Services
Services-to Dwellings & Other Buildings
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United States of America
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