FrontView REIT, Inc. (NYSE:FVR) Receives Average Recommendation of “Hold” from Analysts

Shares of FrontView REIT, Inc. (NYSE:FVR) have received a consensus rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $14.1250.

A number of equities research analysts have recently weighed in on FVR shares. JPMorgan Chase & Co. lifted their target price on FrontView REIT from $12.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, September 22nd. Wall Street Zen cut shares of FrontView REIT from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of FrontView REIT in a report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of FrontView REIT from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th.

FrontView REIT Stock Performance

NYSE:FVR opened at $13.63 on Thursday. The stock has a 50 day simple moving average of $13.64 and a 200 day simple moving average of $12.65. The stock has a market cap of $278.89 million and a P/E ratio of -12.74. FrontView REIT has a 1-year low of $10.61 and a 1-year high of $19.72. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.63.

FrontView REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, December 31st. FrontView REIT’s dividend payout ratio (DPR) is -80.37%.

Insider Buying and Selling at FrontView REIT

In related news, Director Elizabeth F. Frank bought 2,808 shares of FrontView REIT stock in a transaction dated Friday, August 15th. The shares were bought at an average cost of $12.44 per share, with a total value of $34,931.52. Following the acquisition, the director owned 5,177 shares in the company, valued at $64,401.88. This trade represents a 118.53% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On FrontView REIT

Institutional investors and hedge funds have recently bought and sold shares of the company. Cbre Investment Management Listed Real Assets LLC raised its position in FrontView REIT by 9.9% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 765,666 shares of the company’s stock valued at $9,793,000 after purchasing an additional 69,250 shares in the last quarter. Nuveen LLC bought a new position in shares of FrontView REIT in the 1st quarter valued at $243,000. Centersquare Investment Management LLC raised its holdings in shares of FrontView REIT by 87.8% during the 1st quarter. Centersquare Investment Management LLC now owns 164,484 shares of the company’s stock worth $2,104,000 after buying an additional 76,894 shares in the last quarter. CWM LLC lifted its position in shares of FrontView REIT by 18,067.6% during the 2nd quarter. CWM LLC now owns 6,722 shares of the company’s stock worth $81,000 after buying an additional 6,685 shares during the last quarter. Finally, Invesco Ltd. acquired a new stake in FrontView REIT in the first quarter valued at about $704,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.