FrontView REIT, Inc. (NYSE:FVR) Given Consensus Recommendation of “Hold” by Brokerages

FrontView REIT, Inc. (NYSE:FVR) has been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $15.80.

A number of brokerages have issued reports on FVR. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FrontView REIT in a report on Monday, December 29th. Zacks Research upgraded FrontView REIT from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. raised their target price on FrontView REIT from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Wall Street Zen upgraded FrontView REIT from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, JonesTrading began coverage on FrontView REIT in a report on Wednesday, January 14th. They issued a “buy” rating and a $19.00 price target for the company.

FrontView REIT Trading Up 1.1%

Shares of NYSE:FVR opened at $16.13 on Wednesday. FrontView REIT has a 52 week low of $10.61 and a 52 week high of $17.09. The company’s 50 day moving average is $16.14 and its two-hundred day moving average is $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 (NYSE:FVR) last released its quarterly earnings data on Tuesday, February 24th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.50). The firm had revenue of $16.52 million for the quarter, compared to analysts’ expectations of $16.94 million. FrontView REIT had a negative return on equity of 0.76% and a negative net margin of 5.71%.FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. Equities analysts predict that FrontView REIT will post 1.22 earnings per share for the current fiscal year.

FrontView REIT declared that its Board of Directors has initiated a stock repurchase plan on Monday, November 24th that authorizes the company to repurchase $75.00 million in shares. This repurchase authorization authorizes the company to buy up to 23.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

FrontView REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Tuesday, March 31st. FrontView REIT’s payout ratio is currently -390.91%.

Institutional Investors Weigh In On FrontView REIT

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Millennium Management LLC lifted its position in FrontView REIT by 12.9% in the first quarter. Millennium Management LLC now owns 841,993 shares of the company’s stock valued at $10,769,000 after acquiring an additional 96,011 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of FrontView REIT during the first quarter worth about $174,000. Strs Ohio acquired a new stake in shares of FrontView REIT during the first quarter worth about $35,000. Bank of Montreal Can acquired a new stake in shares of FrontView REIT during the second quarter worth about $1,662,000. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of FrontView REIT in the 2nd quarter valued at about $1,361,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.