Wall Street Zen Downgrades FrontView REIT (NYSE:FVR) to Sell

FrontView REIT (NYSE:FVR – Get Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

Several other equities analysts have also recently weighed in on FVR. Raymond James Financial restated a “strong-buy” rating and set a $23.00 price objective on shares of FrontView REIT in a research note on Thursday, August 13th. JonesTrading reissued a “buy” rating and set a $21.00 price objective on shares of FrontView REIT in a report on Thursday, August 6th. Weiss Ratings upgraded shares of FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Citigroup reiterated a “buy” rating on shares of FrontView REIT in a research report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. upped their target price on shares of FrontView REIT from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.50.

Check Out Our Latest Analysis on FVR

FrontView REIT Trading Down 0.1%

NYSE FVR opened at $16.66 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.62. FrontView REIT has a 52 week low of $12.89 and a 52 week high of $22.29. The business has a 50 day moving average price of $19.06 and a 200-day moving average price of $18.58. The company has a market cap of $407.41 million, a price-to-earnings ratio of 555.20, a P/E/G ratio of 1.22 and a beta of 1.11.

FrontView REIT (NYSE:FVR – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.The company had revenue of $16.40 million for the quarter, compared to analysts’ expectations of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. As a group, equities analysts expect that FrontView REIT will post 1.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of FrontView REIT in the 2nd quarter worth approximately $90,166,000. Corient Private Wealth LLC grew its holdings 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 valued at $11,231,000 after purchasing an additional 592,940 shares during the last quarter. Corient Private Wealth LP purchased a new position in FrontView REIT in the 2nd quarter worth $12,544,000. Principal Financial Group Inc. raised its position in FrontView REIT by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 221,798 shares of the company’s stock worth $3,431,000 after purchasing an additional 5,014 shares during the period. Finally, Los Angeles Capital Management LLC lifted its stake in FrontView REIT by 10.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 116,744 shares of the company’s stock worth $1,723,000 after purchasing an additional 10,711 shares during the last quarter.

FrontView REIT Company Profile

(Get Free Report)

FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of freestanding, primarily net-leased commercial properties in the United States. The company focuses on highly visible, well-located properties, often positioned along major roads and near established retail or commercial areas.

FrontView’s properties are generally occupied by necessity-based retail and service businesses, including automotive, healthcare, financial services, restaurant, and other consumer-oriented tenants.

See Also

Analyst Recommendations for FrontView REIT (NYSE:FVR)

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