Waterfall Asset Management LLC Takes $2.67 Million Position in FrontView REIT, Inc. $FVR

Waterfall Asset Management LLC bought a new position in FrontView REIT, Inc. (NYSE:FVR) during the third quarter, according to its most recent filing with the SEC. The firm bought 195,000 shares of the company’s stock, valued at approximately $2,673,000. FrontView REIT makes up 0.3% of Waterfall Asset Management LLC’s investment portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of FVR. Strs Ohio bought a new position in shares of FrontView REIT in the first quarter valued at $35,000. CWM LLC boosted its stake in FrontView REIT by 18,067.6% during 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. Resona Asset Management Co. Ltd. increased its holdings in FrontView REIT by 26.5% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of FrontView REIT by 13.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after purchasing an additional 1,156 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its holdings in shares of FrontView REIT by 9.2% in the third quarter. State of Alaska Department of Revenue now owns 9,275 shares of the company’s stock valued at $126,000 after purchasing an additional 783 shares in the last quarter.

FrontView REIT Stock Performance

Shares of FVR stock opened at $16.63 on Monday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market cap of $360.10 million, a price-to-earnings ratio of -75.60 and a beta of 1.27. FrontView REIT, Inc. has a 52 week low of $10.61 and a 52 week high of $17.17. The firm’s 50-day simple moving average is $15.97 and its two-hundred day simple moving average is $14.66.

FrontView REIT (NYSE:FVR) last released its earnings results on Tuesday, February 24th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $16.52 million for the quarter, compared to the consensus estimate of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. As a group, equities analysts forecast that FrontView REIT, Inc. will post 1.22 earnings per share for the current year.

FrontView REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, March 31st. FrontView REIT’s dividend payout ratio (DPR) is currently -390.91%.

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FVR. JonesTrading assumed coverage on FrontView REIT in a report on Wednesday, January 14th. They set a “buy” rating and a $19.00 price target for the company. Wells Fargo & Company upped their target price on shares of FrontView REIT from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Wall Street Zen upgraded shares of FrontView REIT from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Morgan Stanley boosted their price target on shares of FrontView REIT from $13.50 to $14.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 31st. Finally, JPMorgan Chase & Co. lifted their target price on shares of FrontView REIT from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $15.80.

FrontView REIT Profile

FrontView REIT specializes in real estate investing.