FrontView REIT, Inc. (NYSE:FVR) Receives Consensus Rating of “Moderate Buy” from Brokerages

FrontView REIT, Inc. (NYSE:FVR) has received an average recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $22.50.

A number of research firms recently commented on FVR. Wall Street Zen lowered shares of FrontView REIT from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Huntington started coverage on shares of FrontView REIT in a research note on Wednesday, July 15th. They set an “outperform” rating and a $22.50 target price on the stock. 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. Citigroup reaffirmed a “buy” rating on shares of FrontView REIT in a research report on Wednesday, July 1st. Finally, B. Riley Financial lifted their price target on FrontView REIT from $20.50 to $24.00 and gave the company a “buy” rating in a report on Wednesday, June 24th.

FrontView REIT Trading Down 0.3%

Shares of NYSE FVR opened at $19.02 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.62. FrontView REIT has a 12 month low of $12.89 and a 12 month high of $22.29. The company has a market cap of $465.35 million, a price-to-earnings ratio of 634.17, a P/E/G ratio of 1.36 and a beta of 1.04. The business has a fifty day simple moving average of $20.32 and a 200-day simple moving average of $18.36.

FrontView REIT (NYSE:FVR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. The firm had revenue of $16.40 million for the quarter, compared to the consensus estimate of $18.31 million. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. Sell-side analysts predict that FrontView REIT will post 1.2 EPS for the current year.

FrontView REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.215 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 dividend on an annualized basis and a yield of 4.5%. FrontView REIT’s dividend payout ratio (DPR) is presently 2,866.67%.

Hedge Funds Weigh In On FrontView REIT

Several institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System lifted its position in shares of FrontView REIT by 424.8% in the second quarter. California State Teachers Retirement System now owns 5,867 shares of the company’s stock worth $119,000 after purchasing an additional 4,749 shares in the last quarter. Irenic Capital Management LP purchased a new position in shares of FrontView REIT during the 2nd quarter valued at $1,347,000. Wellington Management Group LLP purchased a new position in FrontView REIT in the second quarter valued at about $1,084,000. Kingsview Wealth Management LLC acquired a new position in FrontView REIT in the second quarter worth approximately $249,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of FrontView REIT during the 2nd quarter valued at $487,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.