FrontView REIT (NYSE:FVR – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.11), FiscalAI reports. The business 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 5.48% and a negative net margin of 43.21%. FrontView REIT updated its FY 2025 guidance to 1.230-1.250 EPS.
FrontView REIT Stock Up 0.9%
Shares of FrontView REIT stock traded up $0.13 during midday trading on Thursday, reaching $13.74. 86,849 shares of the company’s stock traded hands, compared to its average volume of 189,111. The company’s 50 day simple moving average is $13.64 and its 200 day simple moving average is $12.65. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.73 and a current ratio of 0.73. FrontView REIT has a 52 week low of $10.61 and a 52 week high of $19.72. The company has a market cap of $281.02 million and a price-to-earnings ratio of -12.82.
FrontView REIT Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.215 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 6.3%. FrontView REIT’s dividend payout ratio (DPR) is -80.37%.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on FVR
Insider Buying and Selling at FrontView REIT
In related news, Director Elizabeth F. Frank bought 2,808 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were acquired at an average price of $12.44 per share, with a total value of $34,931.52. Following the completion of the transaction, the director owned 5,177 shares of the company’s stock, valued at $64,401.88. The trade was a 118.53% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 4.30% of the company’s stock.
Institutional Investors Weigh In On FrontView REIT
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC increased its position in 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 buying an additional 96,011 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of FrontView REIT during the first quarter worth $174,000. Strs Ohio bought a new stake in FrontView REIT in the first quarter valued at approximately $35,000. Geode Capital Management LLC increased its stake in shares of FrontView REIT by 23.1% in the 2nd quarter. Geode Capital Management LLC now owns 408,633 shares of the company’s stock valued at $4,904,000 after acquiring an additional 76,619 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in FrontView REIT by 8.4% in the second quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock worth $200,000 after acquiring an additional 1,288 shares in the last quarter.
FrontView REIT Company Profile
FrontView REIT specializes in real estate investing.
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