FrontView REIT (NYSE:FVR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of FrontView REIT (NYSE:FVR) from a sell rating to a hold rating in a report published on Saturday.

A number of other analysts also recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FrontView REIT in a report on Wednesday, November 19th. JPMorgan Chase & Co. increased their price target on FrontView REIT from $12.00 to $15.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. Finally, Zacks Research raised FrontView REIT from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $14.13.

FrontView REIT Stock Performance

Shares of NYSE:FVR opened at $14.66 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average price of $13.77 and a 200-day moving average price of $12.77. The company has a market cap of $317.45 million and a price-to-earnings ratio of -17.88. FrontView REIT has a 12 month low of $10.61 and a 12 month high of $19.72.

FrontView REIT (NYSE:FVR) last posted its earnings results on Wednesday, November 12th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.11). The firm had revenue of $16.89 million for the quarter, compared to analysts’ expectations of $17.34 million. FrontView REIT had a negative return on equity of 4.25% and a negative net margin of 32.21%. FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. As a group, equities analysts anticipate that FrontView REIT will post 1.22 EPS for the current year.

FrontView REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Wednesday, December 31st. FrontView REIT’s dividend payout ratio is -104.88%.

FrontView REIT declared that its board has approved a stock buyback plan on Monday, November 24th that allows the company to buyback $75.00 million in shares. This buyback authorization allows the company to reacquire up to 23.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Institutional Trading of FrontView REIT

Institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC increased its position in FrontView REIT by 19.8% during the third quarter. Citadel Advisors LLC now owns 548,790 shares of the company’s stock valued at $7,524,000 after acquiring an additional 90,715 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of FrontView REIT by 13.4% during the 3rd quarter. Alliancebernstein L.P. now owns 16,900 shares of the company’s stock worth $232,000 after purchasing an additional 2,000 shares during the period. Two Sigma Investments LP purchased a new position in shares of FrontView REIT during the 3rd quarter worth about $255,000. Arkhouse Management Co. LP grew its holdings in FrontView REIT by 6.5% during the 3rd quarter. Arkhouse Management Co. LP now owns 73,449 shares of the company’s stock valued at $1,007,000 after purchasing an additional 4,464 shares during the last quarter. Finally, Sei Investments Co. raised its position in FrontView REIT by 6.6% in the 3rd quarter. Sei Investments Co. now owns 17,601 shares of the company’s stock worth $241,000 after purchasing an additional 1,084 shares during the period.

About FrontView REIT

FrontView REIT specializes in real estate investing.