FrontView REIT, Inc. (NYSE:FVR) Short Interest Update

FrontView REIT, Inc. (NYSE:FVR) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 652,895 shares, an increase of 71.9% from the December 15th total of 379,783 shares. Based on an average daily volume of 197,655 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.2% of the shares of the stock are short sold. Approximately 3.2% of the shares of the stock are short sold. Based on an average daily volume of 197,655 shares, the days-to-cover ratio is presently 3.3 days.

FrontView REIT Trading Up 1.2%

Shares of FVR traded up $0.20 during mid-day trading on Thursday, reaching $16.44. The stock had a trading volume of 267,861 shares, compared to its average volume of 214,549. FrontView REIT has a 52-week low of $10.61 and a 52-week high of $18.17. The firm has a market cap of $355.82 million, a price-to-earnings ratio of -20.04 and a beta of 1.33. The business’s fifty day moving average is $15.02 and its 200 day moving average is $13.74. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.39 and a quick ratio of 1.39.

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

FrontView REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a $0.215 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $0.86 dividend on an annualized basis and a yield of 5.2%. FrontView REIT’s dividend payout ratio is currently -104.88%.

FrontView REIT declared that its Board of Directors has authorized a stock repurchase program on Monday, November 24th that allows the company to repurchase $75.00 million in shares. This repurchase authorization allows the company to repurchase up to 23.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On FrontView REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. One Wealth Management Investment & Advisory Services LLC acquired a new position in shares of FrontView REIT in the 4th quarter valued at $2,442,000. Exchange Traded Concepts LLC increased its position in shares of FrontView REIT by 15.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 57,472 shares of the company’s stock worth $848,000 after purchasing an additional 7,840 shares during the last quarter. Wedmont Private Capital purchased a new stake in FrontView REIT in the 4th quarter valued at about $212,000. Citadel Advisors LLC lifted its position in FrontView REIT by 19.8% in the third quarter. Citadel Advisors LLC now owns 548,790 shares of the company’s stock valued at $7,524,000 after buying an additional 90,715 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its position in FrontView REIT by 13.4% in the third quarter. Alliancebernstein L.P. now owns 16,900 shares of the company’s stock valued at $232,000 after buying an additional 2,000 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FVR shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FrontView REIT in a report on Monday, December 29th. Morgan Stanley upped 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 note on Wednesday, December 31st. Wall Street Zen upgraded shares of FrontView REIT from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Jones Trading started coverage on shares of FrontView REIT in a research note on Wednesday. They issued a “buy” rating and a $19.00 target price on the stock. Finally, 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. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $15.80.

About FrontView REIT

FrontView REIT specializes in real estate investing.