FrontView REIT (NYSE:FVR) Stock Price Target Cut by Wells Fargo & Company

Key Points

• Wells Fargo cut FrontView REIT’s price target from $23 to $20 while maintaining an “overweight” rating, implying roughly 19% upside from the prior close.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $21.72, despite mixed recent recommendations.
• FrontView shares fell to $16.76, while the company’s latest quarterly results beat EPS estimates but missed revenue expectations; institutional investors, including BlackRock, have recently built positions.

FrontView REIT (NYSE:FVR - Get Free Report) had its price target cut by analysts at Wells Fargo & Company from $23.00 to $20.00 in a report issued on Monday, Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Wells Fargo & Company's price target would indicate a potential upside of 19.33% from the company's previous close.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings upgraded shares of FrontView REIT from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, August 12th. Wall Street Zen lowered shares of FrontView REIT from a "hold" rating to a "sell" rating in a report on Saturday, October 3rd. JPMorgan Chase & Co. increased their price objective on shares of FrontView REIT from $21.00 to $23.00 and gave the company a "neutral" rating in a research note on Tuesday, August 18th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $23.00 price objective on shares of FrontView REIT in a report on Thursday, August 13th. Finally, Huntington initiated coverage on shares of FrontView REIT in a report on Wednesday, July 15th. They set an "outperform" rating and a $22.50 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $21.72.

FrontView REIT Stock Performance

FrontView REIT stock traded down $0.39 during trading hours on Monday, hitting $16.76. The stock had a trading volume of 85,380 shares, compared to its average volume of 167,485. The company has a 50-day moving average of $18.32 and a two-hundred day moving average of $18.65. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.62. The company has a market cap of $409.95 million, a PE ratio of 558.67, a price-to-earnings-growth ratio of 1.49 and a beta of 1.11. FrontView REIT has a fifty-two week low of $12.89 and a fifty-two week high of $22.29.

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

Hedge Funds Weigh In On FrontView REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FVR. BlackRock Inc. acquired a new stake in FrontView REIT in the 2nd quarter valued at about $90,166,000. Corient Private Wealth LP acquired a new position in shares of FrontView REIT during the second quarter worth approximately $12,544,000. Corient Private Wealth LLC lifted its position in shares of FrontView REIT by 353.1% during the fourth quarter. Corient Private Wealth LLC now owns 760,883 shares of the company's stock worth $11,231,000 after purchasing an additional 592,940 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of FrontView REIT during the second quarter worth approximately $1,843,000. Finally, Clear Harbor Asset Management LLC bought a new stake in shares of FrontView REIT during the second quarter valued at approximately $1,660,000.

FrontView REIT Company Profile

FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of freestanding, primarily net-leased commercial properties in the United States. The company focuses on highly visible, well-located properties, often positioned along major roads and near established retail or commercial areas.

FrontView's properties are generally occupied by necessity-based retail and service businesses, including automotive, healthcare, financial services, restaurant, and other consumer-oriented tenants.

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