FrontView REIT, Inc. (FVR) to Issue Quarterly Dividend of $0.22 on January 15th

FrontView REIT, Inc. (NYSE:FVRGet Free Report) announced a quarterly dividend on Tuesday, November 11th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.215 per share on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Wednesday, December 31st.

FrontView REIT Stock Up 0.7%

NYSE:FVR traded up $0.10 during mid-day trading on Thursday, hitting $13.71. 87,425 shares of the company’s stock traded hands, compared to its average volume of 189,111. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $280.51 million and a P/E ratio of -12.80. The company has a fifty day moving average of $13.64 and a 200 day moving average of $12.65. FrontView REIT has a twelve month low of $10.61 and a twelve month high of $19.72.

FrontView REIT (NYSE:FVRGet Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.11). The company had revenue of $16.89 million during the quarter, compared to analysts’ expectations of $17.34 million. FrontView REIT had a negative net margin of 43.21% and a negative return on equity of 5.48%. FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. On average, analysts forecast that FrontView REIT will post 1.22 EPS for the current year.

Insiders Place Their Bets

In other news, Director Elizabeth F. Frank purchased 2,808 shares of the stock in a transaction dated Friday, August 15th. The shares were purchased at an average price of $12.44 per share, with a total value of $34,931.52. Following the transaction, the director owned 5,177 shares in the company, valued at $64,401.88. The trade was a 118.53% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in FrontView REIT in the first quarter valued at approximately $35,000. New York State Common Retirement Fund acquired a new position in shares of FrontView REIT in the 1st quarter valued at $38,000. Resona Asset Management Co. Ltd. purchased a new stake in FrontView REIT during the 1st quarter valued at approximately $83,000. CWM LLC grew its stake in shares of FrontView REIT by 18,067.6% in the 2nd quarter. CWM LLC now owns 6,722 shares of the company’s stock valued at $81,000 after purchasing an additional 6,685 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings 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.

About FrontView REIT

(Get Free Report)

FrontView REIT specializes in real estate investing.

Further Reading

Dividend History for FrontView REIT (NYSE:FVR)

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