FrontView REIT, Inc. (NYSE:FVR - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $17.94 and traded as high as $18.58. FrontView REIT shares last traded at $18.49, with a volume of 478,842 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. Morgan Stanley increased their target price on FrontView REIT from $18.00 to $21.00 and gave the company an "equal weight" rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. lifted their price target on FrontView REIT from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 18th. JonesTrading reiterated a "buy" rating and set a $21.00 price target on shares of FrontView REIT in a research report on Thursday, August 6th. Wells Fargo & Company dropped their price target on FrontView REIT from $23.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday, October 19th. Finally, BMO Capital Markets reduced their price objective on FrontView REIT from $24.00 to $20.00 and set an "outperform" rating for the company in a research note on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $21.72.
Check Out Our Latest Stock Analysis on FVR
FrontView REIT Trading Up 4.0%
The firm has a market capitalization of $452.27 million, a PE ratio of 616.33, a PEG ratio of 1.54 and a beta of 1.11. 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 business has a fifty day moving average price of $17.97 and a two-hundred day moving average price of $17.94.
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 (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%. The firm had revenue of $16.40 million during 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. Analysts expect that FrontView REIT, Inc. will post 1.20 EPS for the current fiscal year.
FrontView REIT Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.2150 per share. This represents a $0.86 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, September 30th. FrontView REIT's dividend payout ratio is presently 2,866.67%.
Institutional Investors Weigh In On FrontView REIT
A number of hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new stake in shares of FrontView REIT in the 2nd quarter valued at $43,000. Avalon Trust Co purchased a new stake in shares of FrontView REIT during the 2nd quarter worth $48,000. State of Wyoming purchased a new stake in shares of FrontView REIT during the 2nd quarter worth $166,000. TSA Wealth Managment LLC acquired a new position in shares of FrontView REIT during the first quarter worth $186,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of FrontView REIT during the second quarter worth $249,000.
About FrontView REIT
(
Get Free Report)
FrontView REIT, Inc is a real estate investment trust that acquires, owns and manages commercial properties across the United States. The company focuses on highly visible, accessible properties located along major roads and in established commercial areas.
Its portfolio is primarily composed of net-leased, necessity-based properties occupied by businesses such as healthcare providers, automotive service operators, consumer service companies and other retail-oriented tenants. These properties are generally designed to serve everyday consumer needs and benefit from prominent locations and convenient access.
FrontView REIT's strategy emphasizes acquiring and operating diversified commercial real estate with durable tenant demand.
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