Wall Street Zen downgraded shares of FrontView REIT (NYSE:FVR – Free Report) from a hold rating to a sell rating in a report issued on Saturday,Wall Street Zen reports.
Several other research analysts have also recently commented on FVR. Wells Fargo & Company boosted their price target on shares of FrontView REIT from $19.00 to $23.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. B. Riley Financial raised their price objective 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. Morgan Stanley lifted their price objective on shares of FrontView REIT from $18.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Weiss Ratings upgraded shares of FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. Finally, Huntington initiated coverage on FrontView REIT in a report on Wednesday, July 15th. They issued an “outperform” rating and a $22.50 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.50.
View Our Latest Report on FrontView REIT
FrontView REIT Price Performance
FrontView REIT (NYSE:FVR – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.03 EPS for the quarter, topping 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 business had revenue of $16.40 million during 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. Analysts anticipate that FrontView REIT will post 1.19 earnings per share for the current fiscal year.
FrontView REIT Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.2150 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.86 annualized dividend and a dividend yield of 5.3%. FrontView REIT’s dividend payout ratio (DPR) is presently 2,866.67%.
Institutional Trading of FrontView REIT
A number of hedge funds and other institutional investors have recently made changes to their positions in FVR. Legal & General Group Plc acquired a new stake in shares of FrontView REIT in the 2nd quarter valued at about $43,000. Avalon Trust Co purchased a new position in FrontView REIT during the 2nd quarter worth approximately $48,000. State of Wyoming acquired a new position in FrontView REIT during the second quarter worth approximately $166,000. TSA Wealth Managment LLC acquired a new position in FrontView REIT during the first quarter worth approximately $186,000. Finally, Kingsview Wealth Management LLC purchased a new stake in FrontView REIT in the second quarter valued at approximately $249,000.
FrontView REIT Company Profile
FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of freestanding, primarily net-leased commercial properties in the United States. The company focuses on highly visible, well-located properties, often positioned along major roads and near established retail or commercial areas.
FrontView’s properties are generally occupied by necessity-based retail and service businesses, including automotive, healthcare, financial services, restaurant, and other consumer-oriented tenants.
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