JPMorgan Chase & Co. Forecasts Strong Price Appreciation for FrontView REIT (NYSE:FVR) Stock

FrontView REIT (NYSE:FVR) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from $15.00 to $17.00 in a report released on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 10.32% from the stock’s current price.

Several other research firms have also commented on FVR. Weiss Ratings restated a “sell (d)” rating on shares of FrontView REIT in a research note on Monday, December 1st. Zacks Research lowered FrontView REIT from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Wall Street Zen raised FrontView REIT from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, Wells Fargo & Company lifted their price objective on FrontView REIT from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $14.88.

FrontView REIT Stock Performance

Shares of NYSE FVR traded down $0.04 during midday trading on Monday, hitting $15.41. 45,250 shares of the company’s stock traded hands, compared to its average volume of 186,612. FrontView REIT has a 1 year low of $10.61 and a 1 year high of $19.70. The stock has a market capitalization of $333.63 million, a price-to-earnings ratio of -18.79 and a beta of 1.32. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a fifty day moving average of $14.08 and a 200 day moving average of $12.99.

FrontView REIT (NYSE:FVR) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.11). FrontView REIT had a negative return on equity of 4.25% and a negative net margin of 32.21%.The business had revenue of $16.89 million during the quarter, compared to analysts’ expectations of $17.34 million. FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. On average, analysts forecast that FrontView REIT will post 1.22 earnings per share for the current year.

FrontView REIT declared that its board has approved a share buyback program on Monday, November 24th that allows the company to repurchase $75.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 23.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On FrontView REIT

Institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio purchased a new position in shares of FrontView REIT in the first quarter worth $35,000. CWM LLC increased its holdings in FrontView REIT by 18,067.6% in the 2nd quarter. CWM LLC now owns 6,722 shares of the company’s stock valued at $81,000 after acquiring an additional 6,685 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in FrontView REIT in the 1st quarter worth $83,000. State of Alaska Department of Revenue boosted its holdings in shares of FrontView REIT by 25.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 8,492 shares of the company’s stock valued at $101,000 after purchasing an additional 1,732 shares during the last quarter. Finally, Quantbot Technologies LP grew its position in shares of FrontView REIT by 37.9% during the first quarter. Quantbot Technologies LP now owns 8,674 shares of the company’s stock valued at $111,000 after purchasing an additional 2,384 shares in the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.