FrontView REIT (NYSE:FVR) Upgraded to Hold at Wall Street Zen

Key Points

• Wall Street Zen upgraded FrontView REIT from “sell” to “hold,” while the broader analyst consensus remains “Moderate Buy” with an average price target of $22.50.
• Several brokerages recently raised their price targets or maintained bullish ratings, including BMO Capital Markets at $24, Wells Fargo at $23, and Raymond James at $23.
• FrontView REIT’s latest quarterly EPS of $0.03 exceeded the $0.01 consensus estimate, but revenue of $16.40 million fell short of analysts’ $18.31 million forecast.

FrontView REIT (NYSE:FVR - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday, Wall Street Zen reports.

A number of other brokerages also recently commented on FVR. BMO Capital Markets lifted their price objective on FrontView REIT from $21.00 to $24.00 and gave the stock an "outperform" rating in a research report on Monday, July 20th. Wells Fargo & Company upped their target price on FrontView REIT from $19.00 to $23.00 and gave the company an "overweight" rating in a report on Wednesday, July 15th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $23.00 target price on shares of FrontView REIT in a research note on Thursday, August 13th. JonesTrading reiterated a "buy" rating and set a $21.00 price target on shares of FrontView REIT in a report on Thursday, August 6th. Finally, Huntington started coverage on shares of FrontView REIT in a research report on Wednesday, July 15th. They set an "outperform" rating and a $22.50 price target on the stock. Two investment 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's stock. According to data from MarketBeat, FrontView REIT currently has an average rating of "Moderate Buy" and an average target price of $22.50.

FrontView REIT Price Performance

NYSE:FVR opened at $17.42 on Friday. FrontView REIT has a 12 month low of $12.89 and a 12 month high of $22.29. The stock has a 50 day moving average of $19.85 and a two-hundred day moving average of $18.49. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.62. The firm has a market cap of $426.12 million, a P/E ratio of 580.70, a price-to-earnings-growth ratio of 1.26 and a beta of 1.04.

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

Institutional Trading of FrontView REIT

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in FrontView REIT in the second quarter valued at approximately $90,166,000. Corient Private Wealth LLC grew its stake in shares of FrontView REIT by 353.1% in the fourth quarter. Corient Private Wealth LLC now owns 760,883 shares of the company's stock valued at $11,231,000 after buying an additional 592,940 shares in the last quarter. Corient Private Wealth LP purchased a new stake in shares of FrontView REIT in the 2nd quarter valued at $12,544,000. SlateStone Wealth LLC purchased a new stake in shares of FrontView REIT in the 4th quarter valued at $3,645,000. Finally, Principal Financial Group Inc. lifted its stake in FrontView REIT by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 221,798 shares of the company's stock worth $3,431,000 after acquiring an additional 5,014 shares in the last quarter.

About FrontView REIT

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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