FrontView REIT, Inc. (NYSE:FVR) Receives Average Recommendation of “Hold” from Brokerages

Shares of FrontView REIT, Inc. (NYSE:FVR) have been given an average recommendation of “Hold” by the six research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $14.3750.

Several equities analysts have recently weighed in on the company. Wall Street Zen raised FrontView REIT from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FrontView REIT in a research report on Tuesday, November 25th. JPMorgan Chase & Co. boosted their price objective on shares of FrontView REIT from $12.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Zacks Research raised shares of FrontView REIT from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Finally, Wells Fargo & Company lifted their target price on shares of FrontView REIT from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th.

FrontView REIT Trading Down 0.5%

FVR stock opened at $15.28 on Monday. The company has a market cap of $330.87 million, a price-to-earnings ratio of -18.63 and a beta of 1.32. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.61. The business has a fifty day simple moving average of $13.90 and a 200-day simple moving average of $12.87. FrontView REIT has a 52 week low of $10.61 and a 52 week high of $19.72.

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

FrontView REIT announced that its Board of Directors has authorized a stock buyback program on Monday, November 24th that authorizes the company to repurchase $75.00 million in shares. This repurchase authorization authorizes the company to buy up to 23.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

FrontView REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Wednesday, December 31st. FrontView REIT’s payout ratio is currently -104.88%.

Hedge Funds Weigh In On FrontView REIT

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Strs Ohio purchased a new position in FrontView REIT in the 1st quarter worth approximately $35,000. CWM LLC lifted its position in shares of FrontView REIT by 18,067.6% during the second quarter. CWM LLC now owns 6,722 shares of the company’s stock worth $81,000 after purchasing an additional 6,685 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new position in shares of FrontView REIT during the first quarter worth $83,000. State of Alaska Department of Revenue boosted its stake in shares of FrontView REIT by 25.6% in the second quarter. State of Alaska Department of Revenue now owns 8,492 shares of the company’s stock valued at $101,000 after purchasing an additional 1,732 shares during the period. Finally, Quantbot Technologies LP grew its holdings in FrontView REIT by 37.9% during the 1st quarter. Quantbot Technologies LP now owns 8,674 shares of the company’s stock valued at $111,000 after purchasing an additional 2,384 shares in the last quarter.

About FrontView REIT

FrontView REIT specializes in real estate investing.