FrontView REIT (NYSE:FVR) Upgraded to “Strong-Buy” at B. Riley Financial

B. Riley Financial upgraded shares of FrontView REIT (NYSE:FVR) to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Wells Fargo & Company lifted their price target on shares of FrontView REIT from $17.00 to $18.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Morgan Stanley lifted their target price on FrontView REIT from $13.50 to $14.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 31st. JonesTrading assumed coverage on FrontView REIT in a report on Wednesday, January 14th. They issued a “buy” rating and a $19.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on FrontView REIT from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Finally, Wall Street Zen raised FrontView REIT from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $16.58.

FrontView REIT Price Performance

FVR opened at $15.36 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $342.73 million, a P/E ratio of -69.82, a price-to-earnings-growth ratio of 2.06 and a beta of 1.28. The company’s 50 day simple moving average is $16.27 and its 200-day simple moving average is $14.96. FrontView REIT has a one year low of $10.61 and a one year high of $17.09.

FrontView REIT (NYSE:FVR) last posted its quarterly earnings data on Tuesday, February 24th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.50). The firm had revenue of $16.52 million for the quarter, compared to analyst estimates of $16.94 million. FrontView REIT had a negative return on equity of 0.76% and a negative net margin of 5.71%.FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. Sell-side analysts anticipate that FrontView REIT will post 1.22 earnings per share for the current fiscal year.

FrontView REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Tuesday, March 31st. FrontView REIT’s dividend payout ratio is -390.91%.

FrontView REIT announced that its board has initiated a stock buyback plan on Monday, November 24th that permits the company to repurchase $75.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 23.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FVR. Vanguard Group Inc. lifted its stake in FrontView REIT by 14.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,040,076 shares of the company’s stock valued at $14,259,000 after acquiring an additional 133,067 shares in the last quarter. Millennium Management LLC raised its holdings in shares of FrontView REIT by 12.9% in the first quarter. Millennium Management LLC now owns 841,993 shares of the company’s stock valued at $10,769,000 after purchasing an additional 96,011 shares during the last quarter. Corient Private Wealth LLC lifted its position in shares of FrontView REIT by 353.1% in 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 in the last quarter. Citadel Advisors LLC lifted its position in shares of FrontView REIT by 19.8% in the third quarter. Citadel Advisors LLC now owns 548,790 shares of the company’s stock worth $7,524,000 after purchasing an additional 90,715 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in FrontView REIT by 9.3% during the fourth quarter. Geode Capital Management LLC now owns 514,946 shares of the company’s stock worth $7,602,000 after purchasing an additional 43,773 shares during the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.