FrontView REIT, Inc. (NYSE:FVR) Short Interest Down 76.0% in August

FrontView REIT, Inc. (NYSE:FVR) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 510,309 shares, a decrease of 76.0% from the August 15th total of 2,129,544 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average trading volume of 261,810 shares, the days-to-cover ratio is presently 1.9 days.

FrontView REIT Stock Performance

Shares of FVR stock traded down $0.30 during trading hours on Friday, hitting $18.41. The stock had a trading volume of 99,772 shares, compared to its average volume of 189,085. The firm has a market capitalization of $450.28 million, a PE ratio of 613.63, a PEG ratio of 1.32 and a beta of 1.04. FrontView REIT has a twelve month low of $12.89 and a twelve month high of $22.29. The stock’s 50 day moving average is $20.14 and its 200 day moving average is $18.44. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.57 and a quick ratio of 0.57.

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

FrontView REIT Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 4.7%. FrontView REIT’s payout ratio is presently 2,866.67%.

Analyst Ratings Changes

FVR has been the topic of several research analyst reports. Weiss Ratings raised FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. B. Riley Financial upped 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. Huntington started coverage on shares of FrontView REIT in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $22.50 price target on the stock. Raymond James Financial reissued a “strong-buy” rating and set a $23.00 price objective on shares of FrontView REIT in a report on Thursday, August 13th. Finally, JonesTrading restated a “buy” rating and set a $21.00 price objective on shares of FrontView REIT in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.50.

Institutional Trading of FrontView REIT

Several hedge funds have recently modified their holdings of FVR. BlackRock Inc. acquired a new position in FrontView REIT during the second quarter worth $90,166,000. Vanguard Group Inc. grew its stake in shares of FrontView REIT by 14.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,040,076 shares of the company’s stock worth $14,259,000 after purchasing an additional 133,067 shares during the period. Millennium Management LLC grew its stake in shares of FrontView REIT by 12.9% during the 1st quarter. Millennium Management LLC now owns 841,993 shares of the company’s stock worth $10,769,000 after purchasing an additional 96,011 shares during the period. Corient Private Wealth LLC increased its holdings in shares of FrontView REIT by 353.1% in the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock valued at $11,231,000 after purchasing an additional 592,940 shares in the last quarter. Finally, Corient Private Wealth LP purchased a new position in shares of FrontView REIT in the 2nd quarter valued at about $12,544,000.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.