FrontView REIT, Inc. (NYSE:FVR - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 306,222 shares, a decrease of 33.4% from the March 31st total of 459,860 shares. Approximately 1.4% of the company's stock are sold short. Based on an average trading volume of 85,235 shares, the short-interest ratio is currently 3.6 days.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in FrontView REIT in the fourth quarter worth $30,000. Strs Ohio bought a new position in FrontView REIT during the first quarter valued at about $35,000. Public Employees Retirement System of Ohio bought a new position in FrontView REIT during the fourth quarter valued at about $106,000. Resona Asset Management Co. Ltd. lifted its position in shares of FrontView REIT by 26.5% in the third 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. Finally, State of Alaska Department of Revenue boosted its stake in shares of FrontView REIT by 9.2% during the 3rd quarter. State of Alaska Department of Revenue now owns 9,275 shares of the company's stock worth $126,000 after acquiring an additional 783 shares in the last quarter.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on FVR shares. Zacks Research cut FrontView REIT from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 9th. B. Riley Financial began coverage on shares of FrontView REIT in a research report on Thursday, March 19th. They issued a "buy" rating and a $20.50 price target for the company. JonesTrading started coverage on shares of FrontView REIT in a report on Wednesday, January 14th. They set a "buy" rating and a $19.00 price target for the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of FrontView REIT in a research report on Friday, March 27th. Finally, Morgan Stanley increased their target price on shares of FrontView REIT from $13.50 to $14.00 and gave the stock an "equal weight" rating in a research report on Wednesday, December 31st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $17.07.
Get Our Latest Report on FrontView REIT
FrontView REIT Stock Up 2.2%
NYSE FVR traded up $0.39 on Tuesday, reaching $17.75. The stock had a trading volume of 66,923 shares, compared to its average volume of 105,387. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. FrontView REIT has a 1 year low of $10.81 and a 1 year high of $17.92. The business has a 50 day moving average price of $16.34 and a 200 day moving average price of $15.52. The company has a market capitalization of $395.89 million, a price-to-earnings ratio of -80.66, a P/E/G ratio of 1.99 and a beta of 1.20.
FrontView REIT (NYSE:FVR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.50). FrontView REIT had a negative net margin of 5.71% and a negative return on equity of 0.76%. The firm had revenue of $16.52 million for the quarter, compared to analyst estimates of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. On average, analysts forecast that FrontView REIT will post 1.2 EPS for the current fiscal year.
FrontView REIT Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, March 31st. FrontView REIT's payout ratio is currently -390.91%.
About FrontView REIT
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FrontView REIT specializes in real estate investing.
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