FrontView REIT (NYSE:FVR) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of FrontView REIT (NYSE:FVR) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

A number of other research analysts have also recently commented on the stock. Wells Fargo & Company raised their price target 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 FrontView REIT from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Morgan Stanley increased their target price on FrontView REIT from $13.50 to $14.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 31st. Weiss Ratings restated a “sell (d)” rating on shares of FrontView REIT in a research report on Monday, December 29th. Finally, JonesTrading assumed coverage on FrontView REIT in a research note on Wednesday, January 14th. They issued a “buy” rating and a $19.00 price target on the stock. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, FrontView REIT currently has a consensus rating of “Hold” and an average price target of $15.80.

FrontView REIT Trading Down 0.6%

Shares of FVR stock opened at $16.12 on Monday. FrontView REIT has a 52-week low of $10.61 and a 52-week high of $17.09. The stock has a market cap of $359.69 million, a price-to-earnings ratio of -73.27, a P/E/G ratio of 2.06 and a beta of 1.28. 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 fifty day moving average of $16.17 and a 200-day moving average of $14.84.

FrontView REIT (NYSE:FVR) last released its quarterly earnings data on Tuesday, February 24th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.50). The business had revenue of $16.52 million for the quarter, compared to the consensus estimate 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. On average, equities research analysts forecast that FrontView REIT will post 1.22 earnings per share for the current fiscal year.

FrontView REIT Dividend Announcement

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

FrontView REIT announced that its board has authorized a stock buyback 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 shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

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

About FrontView REIT

FrontView REIT specializes in real estate investing.