Wall Street Zen Upgrades FrontView REIT (NYSE:FVR) to “Hold”

by · The Markets Daily

FrontView REIT (NYSE:FVR – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also commented on FVR. JonesTrading restated a “buy” rating and issued a $21.00 price target on shares of FrontView REIT in a report on Thursday, August 6th. Wolfe Research upgraded shares of FrontView REIT to a “strong-buy” rating in a research note on Monday, June 29th. Raymond James Financial reissued a “strong-buy” rating and set a $23.00 price objective on shares of FrontView REIT in a report on Thursday, August 13th. JPMorgan Chase & Co. boosted their price objective on shares of FrontView REIT from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Finally, Weiss Ratings upgraded FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, FrontView REIT currently has an average rating of “Moderate Buy” and a consensus price target of $22.50.

Check Out Our Latest Report on FrontView REIT

FrontView REIT Stock Performance

Shares of FrontView REIT stock opened at $17.42 on Friday. The firm has a market cap of $426.12 million, a P/E ratio of 580.70, a P/E/G ratio of 1.24 and a beta of 1.04. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.62. FrontView REIT has a 12 month low of $12.89 and a 12 month high of $22.29. The stock’s fifty day moving average price is $19.85 and its 200-day moving average price is $18.50.

FrontView REIT (NYSE:FVR – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.The firm had revenue of $16.40 million during the quarter, compared to the consensus estimate of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. On average, equities research analysts expect that FrontView REIT will post 1.19 earnings per share for the current fiscal year.

Institutional Trading of FrontView REIT

Institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of FrontView REIT by 333.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 83,002 shares of the company’s stock worth $1,284,000 after acquiring an additional 63,840 shares in the last quarter. Irenic Capital Management LP purchased a new position in FrontView REIT in the second quarter worth $1,347,000. Royal Bank of Canada grew its holdings in FrontView REIT by 6,163.9% in the first quarter. Royal Bank of Canada now owns 81,431 shares of the company’s stock worth $1,260,000 after purchasing an additional 80,131 shares during the last quarter. First Dallas Securities Inc. grew its holdings in FrontView REIT by 344.2% in the first quarter. First Dallas Securities Inc. now owns 95,950 shares of the company’s stock worth $1,484,000 after purchasing an additional 74,350 shares during the last quarter. Finally, Corient Private Wealth LP acquired a new position in shares of FrontView REIT during the second quarter worth $12,544,000.

About FrontView REIT

(Get Free Report)

FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of necessity-based, service-oriented retail properties in the United States. The company focuses primarily on properties located in high-traffic areas and occupied by tenants that provide essential goods and services, including healthcare, automotive services, convenience retail, and other everyday-use businesses.

FrontView’s properties are generally positioned in prominent locations with convenient access and visibility.

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