FrontView REIT (NYSE:FVR – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.
Several other research analysts have also weighed in on the company. JonesTrading assumed coverage on FrontView REIT in a research report on Wednesday, January 14th. They set a “buy” rating and a $19.00 price target on the stock. Wells Fargo & Company lifted their target price on FrontView REIT from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Morgan Stanley increased their price target on shares of FrontView REIT from $13.50 to $14.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 31st. Wall Street Zen upgraded shares of FrontView REIT from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of FrontView REIT in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $15.80.
Get Our Latest Stock Analysis on FrontView REIT
FrontView REIT Trading Up 1.1%
FrontView REIT (NYSE:FVR – Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.50). FrontView REIT had a negative net margin of 5.71% and a negative return on equity of 0.76%. The firm had revenue of $16.52 million for the quarter, compared to analyst estimates of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. Sell-side analysts predict that FrontView REIT will post 1.22 EPS for the current year.
FrontView REIT announced that its Board of Directors has approved a stock buyback 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 generally an indication that the company’s board believes its stock is undervalued.
Institutional Investors Weigh In On FrontView REIT
Several institutional investors and hedge funds have recently modified their holdings of FVR. Corient Private Wealth LLC boosted its stake in shares of FrontView REIT by 353.1% during the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock worth $11,231,000 after acquiring an additional 592,940 shares in the last quarter. Invesco Ltd. lifted its holdings in FrontView REIT by 2,897.7% in the 4th quarter. Invesco Ltd. now owns 421,933 shares of the company’s stock worth $6,228,000 after purchasing an additional 407,858 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of FrontView REIT by 1,230.4% in the fourth quarter. First Eagle Investment Management LLC now owns 399,126 shares of the company’s stock valued at $5,891,000 after purchasing an additional 369,126 shares during the period. SlateStone Wealth LLC acquired a new stake in shares of FrontView REIT in the fourth quarter worth $3,645,000. Finally, Principal Financial Group Inc. bought a new stake in shares of FrontView REIT during the 3rd quarter worth $2,722,000.
FrontView REIT Company Profile
FrontView REIT specializes in real estate investing.
See Also
- Five stocks we like better than FrontView REIT
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for FrontView REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FrontView REIT and related companies with MarketBeat.com's FREE daily email newsletter.
