FrontView REIT (NYSE:FVR) Releases FY 2025 Earnings Guidance

Key Points

• FrontView REIT has issued FY 2025 earnings guidance with an expected earnings per share of 1.220-1.240, exceeding the consensus estimate of 1.065.
• The company announced a quarterly dividend of $0.215, yielding 7.0% annually, with the next ex-dividend date having passed on June 30.
• Analysts have lowered price targets for FrontView REIT, with JPMorgan and Bank of America reducing their target prices to $12.00 and $11.00, respectively, while maintaining a consensus rating of "Hold."

FrontView REIT (NYSE:FVR - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.220-1.240 for the period, compared to the consensus EPS estimate of 1.065. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. downgraded FrontView REIT from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $14.00 to $12.00 in a report on Tuesday, June 17th. Morgan Stanley downgraded FrontView REIT from an "overweight" rating to an "equal weight" rating and set a $13.50 price target for the company. in a report on Friday, July 11th. Finally, Bank of America reiterated an "underperform" rating and issued a $11.00 price objective (down from $15.00) on shares of FrontView REIT in a report on Tuesday, June 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, FrontView REIT has an average rating of "Hold" and a consensus target price of $15.10.

FrontView REIT Price Performance

NYSE FVR traded up $0.35 during trading hours on Monday, reaching $12.72. The company's stock had a trading volume of 23,159 shares, compared to its average volume of 207,621. The firm's 50-day moving average price is $12.05 and its 200-day moving average price is $13.13. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.60. FrontView REIT has a 1 year low of $10.61 and a 1 year high of $19.76. The company has a market capitalization of $242.82 million and a price-to-earnings ratio of -11.89.

FrontView REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Tuesday, September 30th. FrontView REIT's dividend payout ratio is -80.37%.

Insider Activity

In related news, Director Elizabeth F. Frank purchased 2,808 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were bought at an average price of $12.44 per share, for a total transaction of $34,931.52. Following the acquisition, the director owned 5,177 shares of the company's stock, valued at approximately $64,401.88. This represents a 118.53% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 4.30% of the stock is owned by company insiders.

Institutional Trading of FrontView REIT

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC grew its stake in FrontView REIT by 12.9% in the first quarter. Millennium Management LLC now owns 841,993 shares of the company's stock valued at $10,769,000 after purchasing an additional 96,011 shares during the last quarter. Geode Capital Management LLC grew its stake in FrontView REIT by 23.1% during the 2nd quarter. Geode Capital Management LLC now owns 408,633 shares of the company's stock valued at $4,904,000 after acquiring an additional 76,619 shares in the last quarter. Corient Private Wealth LLC grew its holdings in FrontView REIT by 628.9% in the 2nd quarter. Corient Private Wealth LLC now owns 166,942 shares of the company's stock valued at $2,003,000 after buying an additional 144,040 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of FrontView REIT by 28.4% during the 2nd quarter. Bank of America Corp DE now owns 129,719 shares of the company's stock worth $1,557,000 after purchasing an additional 28,660 shares during the period. Finally, Man Group plc purchased a new position in FrontView REIT during the 2nd quarter valued at about $628,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.