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

Shares of FrontView REIT, Inc. (NYSE:FVR) have earned an average recommendation of “Hold” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $15.80.

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

Institutional Investors Weigh In On FrontView REIT

Hedge funds have recently made changes to their positions in the stock. Hsbc Holdings PLC acquired a new position in FrontView REIT in the 2nd quarter valued at approximately $1,311,000. Corient Private Wealth LLC grew its holdings in shares of FrontView REIT by 628.9% during the 2nd quarter. Corient Private Wealth LLC now owns 166,942 shares of the company’s stock worth $2,003,000 after purchasing an additional 144,040 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of FrontView REIT during the second quarter valued at approximately $1,361,000. CWM LLC raised its stake in shares of FrontView REIT by 18,067.6% in the second quarter. CWM LLC now owns 6,722 shares of the company’s stock valued at $81,000 after purchasing an additional 6,685 shares in the last quarter. Finally, State of Alaska Department of Revenue raised 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 in the last quarter.

FrontView REIT Stock Down 2.1%

FVR opened at $16.17 on Tuesday. The firm has a market cap of $349.99 million, a P/E ratio of -19.71 and a beta of 1.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.39 and a current ratio of 1.39. The business has a 50 day moving average price of $15.37 and a 200 day moving average price of $13.97. FrontView REIT has a twelve month low of $10.61 and a twelve month high of $18.01.

FrontView REIT (NYSE:FVR) last announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.19 EPS for the quarter, missing the consensus estimate 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 company had revenue of $16.89 million for the quarter, compared to analyst estimates of $17.34 million. FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. Research analysts forecast that FrontView REIT will post 1.22 EPS for the current year.

FrontView REIT announced that its board has initiated a stock repurchase program on Monday, November 24th that authorizes the company to repurchase $75.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 23.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

FrontView REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.215 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.86 annualized dividend and a dividend yield of 5.3%. FrontView REIT’s dividend payout ratio (DPR) is presently -104.88%.

About FrontView REIT

FrontView REIT specializes in real estate investing.