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

by · The Cerbat Gem

FrontView REIT, Inc. (NYSE:FVR – Get Free Report) has been given an average recommendation of “Reduce” by the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $14.8750.

Several equities analysts have issued reports on the company. Zacks Research cut FrontView REIT from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. JPMorgan Chase & Co. increased their price objective on FrontView REIT from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Wells Fargo & Company raised their target price on FrontView REIT from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Weiss Ratings restated a “sell (d)” rating on shares of FrontView REIT in a research report on Monday. Finally, Wall Street Zen upgraded shares of FrontView REIT from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd.

Read Our Latest Stock Report on FrontView REIT

FrontView REIT Stock Up 0.9%

FVR stock opened at $15.23 on Friday. FrontView REIT has a one year low of $10.61 and a one year high of $18.40. The stock has a market capitalization of $329.73 million, a PE ratio of -18.57 and a beta of 1.34. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.39 and a current ratio of 1.39. The company has a fifty day moving average of $14.55 and a 200-day moving average of $13.45.

FrontView REIT (NYSE:FVR – Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.11). The firm had revenue of $16.89 million for the quarter, compared to analyst estimates of $17.34 million. FrontView REIT had a negative return on equity of 4.25% and a negative net margin of 32.21%.FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. As a group, analysts expect that FrontView REIT will post 1.22 EPS for the current year.

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

FrontView REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.215 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.86 dividend on an annualized basis and a yield of 5.6%. FrontView REIT’s dividend payout ratio (DPR) is -104.88%.

Institutional Investors Weigh In On FrontView REIT

A number of institutional investors and hedge funds have recently modified their holdings of FVR. Strs Ohio purchased a new position in FrontView REIT in the 1st quarter valued at approximately $35,000. CWM LLC grew its holdings in FrontView REIT by 18,067.6% in the second 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. State of Alaska Department of Revenue increased its position in shares of FrontView REIT by 25.6% in the second quarter. State of Alaska Department of Revenue now owns 8,492 shares of the company’s stock valued at $101,000 after buying an additional 1,732 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of FrontView REIT by 37.9% during the 1st quarter. Quantbot Technologies LP now owns 8,674 shares of the company’s stock worth $111,000 after buying an additional 2,384 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. raised its stake in shares of 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 buying an additional 1,708 shares during the last quarter.

FrontView REIT Company Profile

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FrontView REIT specializes in real estate investing.

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