Wall Street Zen lowered shares of FrontView REIT (NYSE:FVR – Free Report) from a hold rating to a sell rating in a research report report published on Saturday.
A number of other equities research analysts have also recently commented on the company. Citigroup reissued a “buy” rating on shares of FrontView REIT in a research note on Wednesday, July 1st. Raymond James Financial reiterated a “strong-buy” rating and issued a $23.00 target price on shares of FrontView REIT in a research note on Thursday, August 13th. B. Riley Financial increased their target price on shares of FrontView REIT from $20.50 to $24.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Wells Fargo & Company raised their price target on shares of FrontView REIT from $19.00 to $23.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings upgraded shares of FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.50.
Read Our Latest Stock Analysis on FVR
FrontView REIT Stock Down 0.4%
FrontView REIT (NYSE:FVR – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating 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 company had revenue of $16.40 million for 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. Equities analysts predict that FrontView REIT will post 1.21 EPS for the current year.
FrontView REIT Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, September 30th. FrontView REIT’s dividend payout ratio is currently 2,866.67%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in FrontView REIT in the 2nd quarter valued at about $90,166,000. Corient Private Wealth LP bought a new position in FrontView REIT during the second quarter worth about $12,544,000. Corient Private Wealth LLC boosted its position in FrontView REIT by 353.1% during the fourth quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock worth $11,231,000 after purchasing an additional 592,940 shares during the period. Invesco Ltd. increased its stake in shares of FrontView REIT by 2,897.7% in the fourth quarter. Invesco Ltd. now owns 421,933 shares of the company’s stock worth $6,228,000 after purchasing an additional 407,858 shares in the last quarter. Finally, First Eagle Investment Management LLC increased its stake in shares of FrontView REIT by 1,230.4% in the fourth quarter. First Eagle Investment Management LLC now owns 399,126 shares of the company’s stock worth $5,891,000 after purchasing an additional 369,126 shares in the last quarter.
FrontView REIT Company Profile
FrontView REIT specializes in real estate investing.
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