FrontView REIT, Inc. (NYSE:FVR) Receives $15.80 Consensus PT from Analysts

FrontView REIT, Inc. (NYSE:FVR) has earned a consensus rating of “Hold” from the seven brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $15.80.

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company increased their price objective on FrontView REIT from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Jones Trading assumed coverage on shares of FrontView REIT in a research note on Wednesday, January 14th. They set a “buy” rating and a $19.00 target price for the company. JPMorgan Chase & Co. increased their price target on shares of FrontView REIT from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Zacks Research downgraded shares of FrontView REIT from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of FrontView REIT in a research report on Monday, December 29th.

Institutional Trading of FrontView REIT

A number of institutional investors and hedge funds have recently modified their holdings of FVR. Strs Ohio acquired a new position in shares of FrontView REIT in the first quarter valued at $35,000. CWM LLC increased its holdings in FrontView REIT by 18,067.6% in the 2nd quarter. CWM LLC now owns 6,722 shares of the company’s stock valued at $81,000 after buying an additional 6,685 shares during the period. State of Alaska Department of Revenue increased its holdings in FrontView REIT by 25.6% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,492 shares of the company’s stock valued at $101,000 after buying an additional 1,732 shares during the period. Resona Asset Management Co. Ltd. raised its stake in shares of FrontView REIT by 26.5% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 8,153 shares of the company’s stock valued at $111,000 after buying an additional 1,708 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of FrontView REIT by 13.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after acquiring an additional 1,156 shares during the period.

FrontView REIT Stock Down 0.3%

FVR stock opened at $16.53 on Tuesday. The stock has a market capitalization of $357.83 million, a price-to-earnings ratio of -20.15 and a beta of 1.33. The company has a 50-day moving average of $15.34 and a two-hundred day moving average of $13.93. FrontView REIT has a 52-week low of $10.61 and a 52-week high of $18.01. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.39 and a quick ratio of 1.39.

FrontView REIT (NYSE:FVR) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.11). The business had revenue of $16.89 million for the quarter, compared to analyst estimates of $17.34 million. FrontView REIT had a negative return on equity of 4.25% and a negative net margin of 32.21%.FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. As a group, equities research analysts anticipate that FrontView REIT will post 1.22 EPS for the current year.

FrontView REIT declared that its board has approved a stock repurchase plan on Monday, November 24th that permits the company to repurchase $75.00 million in shares. This repurchase authorization permits the company to buy up to 23.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

FrontView REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.215 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.86 annualized dividend and a yield of 5.2%. FrontView REIT’s dividend payout ratio is -104.88%.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.