FrontView REIT (NYSE:FVR – Get Free Report) issued its earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.11), FiscalAI reports. FrontView REIT had a negative return on equity of 5.48% and a negative net margin of 43.21%.The firm had revenue of $16.89 million for the quarter, compared to analysts’ expectations of $17.34 million. FrontView REIT updated its FY 2025 guidance to 1.230-1.250 EPS.
FrontView REIT Stock Performance
Shares of NYSE:FVR traded up $0.01 during trading on Wednesday, hitting $13.63. 107,089 shares of the company traded hands, compared to its average volume of 189,603. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.63. The business’s fifty day moving average is $13.63 and its 200-day moving average is $12.64. The stock has a market capitalization of $278.89 million and a price-to-earnings ratio of -12.74. FrontView REIT has a one year low of $10.61 and a one year high of $19.72.
Analyst Ratings Changes
A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of FrontView REIT from $12.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Wall Street Zen lowered shares of FrontView REIT from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FrontView REIT in a research report on Wednesday, October 8th. Finally, Zacks Research raised FrontView REIT from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, FrontView REIT has a consensus rating of “Hold” and an average price target of $14.13.
Insider Transactions at FrontView REIT
In other news, Director Elizabeth F. Frank acquired 2,808 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $12.44 per share, for a total transaction of $34,931.52. Following the transaction, the director directly owned 5,177 shares in the company, valued at $64,401.88. This trade represents a 118.53% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.30% of the company’s stock.
Institutional Trading of FrontView REIT
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Man Group plc acquired a new stake in shares of FrontView REIT in the second quarter valued at $628,000. BNP Paribas Financial Markets grew its holdings in FrontView REIT by 199.6% during the second quarter. BNP Paribas Financial Markets now owns 45,860 shares of the company’s stock worth $550,000 after acquiring an additional 30,551 shares during the period. Bank of America Corp DE raised its position in FrontView REIT by 28.4% in the second quarter. Bank of America Corp DE now owns 129,719 shares of the company’s stock worth $1,557,000 after acquiring an additional 28,660 shares in the last quarter. Jump Financial LLC lifted its holdings in FrontView REIT by 178.8% in the 2nd quarter. Jump Financial LLC now owns 51,514 shares of the company’s stock valued at $618,000 after acquiring an additional 33,035 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in FrontView REIT by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock valued at $200,000 after acquiring an additional 1,288 shares during the last quarter.
About FrontView REIT
FrontView REIT specializes in real estate investing.
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