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

FrontView REIT, Inc. (NYSE:FVR) has earned an average rating of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $15.80.

Several equities research analysts have recently issued reports on the company. Zacks Research lowered FrontView REIT from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Morgan Stanley boosted their price objective on shares of FrontView REIT from $13.50 to $14.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 31st. Weiss Ratings restated a “sell (d)” rating on shares of FrontView REIT in a report on Monday, December 29th. Wells Fargo & Company lifted their price target on shares of FrontView REIT from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. raised their price objective on shares of FrontView REIT from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Monday, December 8th.

FrontView REIT Price Performance

FVR stock opened at $16.19 on Tuesday. FrontView REIT has a 52 week low of $10.61 and a 52 week high of $18.17. The firm has a market capitalization of $350.43 million, a P/E ratio of -19.74 and a beta of 1.33. The company has a fifty day simple moving average of $15.14 and a two-hundred day simple moving average of $13.82. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.61.

FrontView REIT (NYSE:FVR) last announced its earnings results on Wednesday, November 12th. The company reported $0.19 earnings per share (EPS) 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 analysts’ expectations of $17.34 million. FrontView REIT had a negative net margin of 32.21% and a negative return on equity of 4.25%. FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. Analysts anticipate that FrontView REIT will post 1.22 earnings per share for the current fiscal year.

FrontView REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Wednesday, December 31st. FrontView REIT’s dividend payout ratio (DPR) is currently -104.88%.

FrontView REIT declared that its board has initiated a share buyback plan on Monday, November 24th that allows the company to buyback $75.00 million in shares. This buyback authorization allows the company to buy up to 23.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Institutional Trading of FrontView REIT

Several institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue increased its stake in FrontView REIT by 9.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 9,275 shares of the company’s stock worth $126,000 after buying an additional 783 shares during the period. Strs Ohio raised its stake in shares of FrontView REIT by 29.6% during the third quarter. Strs Ohio now owns 3,500 shares of the company’s stock valued at $48,000 after acquiring an additional 800 shares in the last quarter. Sei Investments Co. raised its stake in shares of 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 acquiring an additional 1,084 shares in the last quarter. Centersquare Investment Management LLC boosted its holdings in shares of FrontView REIT by 0.6% in the third quarter. Centersquare Investment Management LLC now owns 184,370 shares of the company’s stock valued at $2,528,000 after purchasing an additional 1,150 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in FrontView REIT by 13.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after purchasing an additional 1,156 shares in the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.