FrontView REIT (NYSE:FVR) Price Target Raised to $23.00

Key Points

• JPMorgan raised FrontView REIT’s price target to $23 from $21 while maintaining a “neutral” rating, implying 17.26% upside from the prior close.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and average price target of $22.50; ratings include two Strong Buys, seven Buys and four Holds.
• FrontView REIT reported quarterly EPS of $0.03, beating expectations of $0.01, though revenue of $16.4 million fell short of the $18.31 million consensus estimate.

FrontView REIT (NYSE:FVR - Get Free Report) had its price objective upped by JPMorgan Chase & Co. from $21.00 to $23.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 17.26% from the company's previous close.

FVR has been the topic of several other reports. Citigroup reissued a "buy" rating on shares of FrontView REIT in a research report on Wednesday, July 1st. Compass Point initiated coverage on shares of FrontView REIT in a research report on Monday, June 1st. They set a "buy" rating and a $21.00 price target for the company. Raymond James Financial reiterated a "strong-buy" rating and issued a $23.00 price objective on shares of FrontView REIT in a research note on Thursday. Huntington started coverage on shares of FrontView REIT in a report on Wednesday, July 15th. They issued an "outperform" rating and a $22.50 price objective on the stock. Finally, B. Riley Financial boosted their target price on shares of FrontView REIT from $20.50 to $24.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $22.50.

FrontView REIT Stock Performance

FVR traded up $0.07 during midday trading on Tuesday, hitting $19.61. 8,956 shares of the company traded hands, compared to its average volume of 153,637. 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 firm has a market capitalization of $479.70 million, a PE ratio of 653.83, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. The company's 50-day moving average is $20.35 and its 200 day moving average is $18.04. FrontView REIT has a 52 week low of $12.64 and a 52 week high of $22.29.

FrontView REIT (NYSE:FVR - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. FrontView REIT had a net margin of 2.10% and a return on equity of 0.29%. The company had revenue of $16.40 million for 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, research analysts expect that FrontView REIT will post 1.21 EPS for the current year.

Institutional Investors Weigh In On FrontView REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio purchased a new position in FrontView REIT during the second quarter valued at approximately $487,000. Corient Private Wealth LP purchased a new stake in shares of FrontView REIT in the second quarter worth $12,544,000. Bank of America Corp DE bought a new stake in shares of FrontView REIT during the 2nd quarter valued at $293,000. Man Group plc bought a new stake in shares of FrontView REIT during the 2nd quarter valued at $786,000. Finally, Hsbc Holdings PLC purchased a new position in shares of FrontView REIT during the 2nd quarter valued at $732,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.

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