FrontView REIT, Inc. (NYSE:FVR) Receives $20.75 Consensus PT from Analysts

Shares of FrontView REIT, Inc. (NYSE:FVR) have received a consensus rating of “Moderate Buy” from the thirteen brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $21.3889.

FVR has been the subject of a number of recent research reports. Citigroup reissued a “buy” rating on shares of FrontView REIT in a research report on Wednesday, July 1st. Huntington began coverage on FrontView REIT in a research report on Wednesday. They set an “outperform” rating and a $22.50 target price on the stock. JonesTrading boosted their price target on FrontView REIT from $19.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. B. Riley Financial boosted their price target on FrontView REIT from $20.50 to $24.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Wolfe Research upgraded FrontView REIT to a “strong-buy” rating in a research report on Monday, June 29th.

Institutional Investors Weigh In On FrontView REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FVR. CWM LLC grew its holdings in shares of FrontView REIT by 10.8% in the fourth quarter. CWM LLC now owns 10,283 shares of the company’s stock valued at $152,000 after purchasing an additional 1,001 shares in the last quarter. Sei Investments Co. raised its stake in FrontView REIT by 6.6% during the third quarter. Sei Investments Co. now owns 17,601 shares of the company’s stock valued at $241,000 after purchasing an additional 1,084 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in FrontView REIT by 13.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock valued at $116,000 after purchasing an additional 1,156 shares during the last quarter. Rhumbline Advisers lifted its position in FrontView REIT by 8.4% during the second quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock valued at $200,000 after purchasing an additional 1,288 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. grew its stake in shares of FrontView REIT by 16.5% in the 4th quarter. Resona Asset Management Co. Ltd. now owns 9,501 shares of the company’s stock worth $143,000 after buying an additional 1,348 shares in the last quarter.

FrontView REIT Stock Up 0.2%

FVR opened at $21.87 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.61. FrontView REIT has a 1-year low of $11.19 and a 1-year high of $22.29. The company has a market capitalization of $495.42 million, a PE ratio of -136.69, a PEG ratio of 1.72 and a beta of 1.08. The firm’s 50 day simple moving average is $19.31 and its two-hundred day simple moving average is $17.35.

FrontView REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.215 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.9%. FrontView REIT’s payout ratio is -537.50%.

About FrontView REIT

FrontView REIT specializes in real estate investing.