FrontView REIT (NYSE:FVR) Downgraded by Zacks Research to Hold

FrontView REIT (NYSE:FVR) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other brokerages have also recently weighed in on FVR. JonesTrading initiated coverage on shares of FrontView REIT in a research report on Wednesday, January 14th. They set a “buy” rating and a $19.00 price target for the company. Wells Fargo & Company boosted 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. Morgan Stanley upped their target price 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. Weiss Ratings reiterated a “sell (d)” rating on shares of FrontView REIT in a research note on Monday, December 29th. Finally, Wall Street Zen raised FrontView REIT from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $15.80.

FrontView REIT Price Performance

FVR stock opened at $16.13 on Monday. The stock has a 50-day moving average price of $16.14 and a two-hundred day moving average price of $14.83. The company has a market cap of $359.88 million, a PE ratio of -73.32 and a beta of 1.28. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. FrontView REIT has a 12-month low of $10.61 and a 12-month high of $17.09.

FrontView REIT (NYSE:FVR) last posted its quarterly 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 business had revenue of $16.52 million during the quarter, compared to analysts’ expectations of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. As a group, research analysts predict that FrontView REIT will post 1.22 EPS for the current year.

FrontView REIT declared that its board has authorized a share repurchase plan on Monday, November 24th that permits the company to repurchase $75.00 million in shares. This repurchase authorization permits the company to purchase up to 23.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC acquired a new position in shares of FrontView REIT in the 2nd quarter valued at approximately $1,311,000. Corient Private Wealth LLC grew its position in shares of FrontView REIT by 628.9% during the second quarter. Corient Private Wealth LLC now owns 166,942 shares of the company’s stock worth $2,003,000 after buying an additional 144,040 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in shares of FrontView REIT during the third quarter worth approximately $2,722,000. Waterfall Asset Management LLC bought a new stake in shares of FrontView REIT in the third quarter worth $2,673,000. Finally, Los Angeles Capital Management LLC acquired a new stake in FrontView REIT in the second quarter valued at $1,361,000.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.