FrontView REIT (NYSE:FVR - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.220-1.240 for the period, compared to the consensus earnings per share estimate of 1.065. The company issued revenue guidance of -.
FrontView REIT Stock Performance
Shares of FVR traded up $0.23 during mid-day trading on Wednesday, hitting $12.34. The stock had a trading volume of 242,928 shares, compared to its average volume of 208,744. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.17 and a current ratio of 0.17. FrontView REIT has a 52 week low of $10.61 and a 52 week high of $19.76. The business has a fifty day moving average price of $11.99 and a 200-day moving average price of $13.27.
FrontView REIT (NYSE:FVR - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.01. As a group, analysts anticipate that FrontView REIT will post 1.22 earnings per share for the current fiscal year.
FrontView REIT Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Monday, June 30th.
Analysts Set New Price Targets
FVR has been the subject of several research analyst reports. JPMorgan Chase & Co. cut shares of FrontView REIT from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $14.00 to $12.00 in a research report on Tuesday, June 17th. Bank of America reissued an "underperform" rating and issued a $11.00 target price (down previously from $15.00) on shares of FrontView REIT in a research report on Tuesday, June 17th. Finally, Morgan Stanley lowered FrontView REIT from an "overweight" rating to an "equal weight" rating and set a $13.50 target price for the company. in a research report on Friday, July 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $15.10.
Read Our Latest Stock Report on FrontView REIT
Institutional Trading of FrontView REIT
Several institutional investors have recently added to or reduced their stakes in the business. Strs Ohio purchased a new position in shares of FrontView REIT in the 1st quarter worth $35,000. Quantbot Technologies LP boosted its stake in shares of FrontView REIT by 56.7% in the 2nd quarter. Quantbot Technologies LP now owns 13,592 shares of the company's stock worth $163,000 after buying an additional 4,918 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of FrontView REIT in the 1st quarter worth $174,000. Rhumbline Advisers raised its holdings in FrontView REIT by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 16,688 shares of the company's stock worth $200,000 after purchasing an additional 1,288 shares during the period. Finally, Geode Capital Management LLC raised its holdings in FrontView REIT by 23.1% in the 2nd quarter. Geode Capital Management LLC now owns 408,633 shares of the company's stock worth $4,904,000 after purchasing an additional 76,619 shares during the period.
About FrontView REIT
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FrontView REIT specializes in real estate investing.
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