FrontView REIT, Inc. (NYSE:FVR) Receives $20.75 Consensus Target Price from Analysts

FrontView REIT, Inc. (NYSE:FVR) has earned an average rating of “Moderate Buy” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $21.3889.

A number of research analysts have weighed in on FVR shares. Weiss Ratings upgraded FrontView REIT from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. Morgan Stanley upped their target price on shares of FrontView REIT from $18.00 to $21.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. B. Riley Financial increased their target price on shares of FrontView REIT from $20.50 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. JonesTrading raised their price target on shares of FrontView REIT from $19.00 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Finally, Citigroup restated a “buy” rating on shares of FrontView REIT in a research report on Wednesday, July 1st.

Institutional Investors Weigh In On FrontView REIT

A number of large investors have recently made changes to their positions in FVR. Kestra Advisory Services LLC acquired a new stake in shares of FrontView REIT in the fourth quarter valued at approximately $30,000. Strs Ohio acquired a new position in FrontView REIT during the first quarter worth $35,000. Public Employees Retirement System of Ohio purchased a new stake in FrontView REIT in the 4th quarter valued at $106,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in FrontView REIT by 13.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock valued at $116,000 after buying an additional 1,156 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. increased its stake in shares of FrontView REIT by 16.5% in the 4th quarter. Resona Asset Management Co. Ltd. now owns 9,501 shares of the company’s stock worth $143,000 after acquiring an additional 1,348 shares during the last quarter.

FrontView REIT Stock Performance

Shares of NYSE:FVR opened at $21.78 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.69 and a quick ratio of 0.69. FrontView REIT has a 1 year low of $11.19 and a 1 year high of $22.29. The firm has a market capitalization of $493.41 million, a PE ratio of -136.15, a P/E/G ratio of 1.64 and a beta of 1.08. The business’s 50 day moving average price is $19.23 and its 200-day moving average price is $17.31.

FrontView REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, June 30th. FrontView REIT’s dividend payout ratio (DPR) is -537.50%.

About FrontView REIT

FrontView REIT specializes in real estate investing.