FrontView REIT, Inc. (NYSE:FVR – Get Free Report) has received an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $15.80.
Several equities analysts recently issued reports on FVR shares. Weiss Ratings reissued a “sell (d)” rating on shares of FrontView REIT in a report on Monday, December 29th. Wall Street Zen raised shares of FrontView REIT from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. JonesTrading initiated coverage on shares of FrontView REIT in a research note on Wednesday, January 14th. They issued a “buy” rating and a $19.00 target price for the company. JPMorgan Chase & Co. boosted their target price on FrontView REIT from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. Finally, Morgan Stanley increased their price target on FrontView REIT from $13.50 to $14.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 31st.
View Our Latest Research Report on FrontView REIT
FrontView REIT Stock Performance
FrontView REIT (NYSE:FVR – Get Free Report) last issued its earnings results on Tuesday, February 24th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.31 by ($0.50). FrontView REIT had a negative net margin of 5.71% and a negative return on equity of 0.76%. The firm had revenue of $16.52 million during the quarter, compared to analyst estimates of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. As a group, analysts anticipate that FrontView REIT will post 1.22 EPS for the current fiscal year.
FrontView REIT declared that its board has initiated a share buyback plan on Monday, November 24th that allows the company to repurchase $75.00 million in shares. This repurchase authorization allows the company to purchase up to 23.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.
FrontView REIT Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.215 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.86 dividend on an annualized basis and a yield of 5.3%. FrontView REIT’s payout ratio is currently -390.91%.
Institutional Investors Weigh In On FrontView REIT
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FVR. Kestra Advisory Services LLC acquired a new position in shares of FrontView REIT during the fourth quarter worth approximately $30,000. Strs Ohio acquired a new stake in shares of FrontView REIT in the first quarter valued at approximately $35,000. Public Employees Retirement System of Ohio bought a new position in FrontView REIT in the 4th quarter worth approximately $106,000. Resona Asset Management Co. Ltd. raised its position in FrontView REIT by 26.5% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 8,153 shares of the company’s stock worth $111,000 after purchasing an additional 1,708 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in FrontView REIT by 13.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after buying an additional 1,156 shares in the last quarter.
About FrontView REIT
FrontView REIT specializes in real estate investing.
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