Royal Bank of Canada Increases Stock Holdings in FrontView REIT, Inc. $FVR

Royal Bank of Canada increased its holdings in FrontView REIT, Inc. (NYSE:FVR) by 6,163.9% in the first quarter, Holdings Channel.com reports. The firm owned 81,431 shares of the company’s stock after purchasing an additional 80,131 shares during the period. Royal Bank of Canada’s holdings in FrontView REIT were worth $1,260,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FVR. Millennium Management LLC lifted its position in FrontView REIT by 12.9% during the first 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 purchased a new stake in FrontView REIT in the 1st quarter valued at about $174,000. Strs Ohio acquired a new position in shares of FrontView REIT during the 1st quarter valued at about $35,000. Geode Capital Management LLC increased its stake in shares of FrontView REIT by 23.1% during 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 during the last quarter. Finally, Rhumbline Advisers increased its stake in shares of FrontView REIT by 8.4% during the 2nd quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock valued at $200,000 after acquiring an additional 1,288 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FVR. Raymond James Financial reissued a “strong-buy” rating and issued a $23.00 target price on shares of FrontView REIT in a research report on Thursday, August 13th. B. Riley Financial upped their price target on shares of FrontView REIT from $20.50 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Compass Point began coverage on shares of FrontView REIT in a research report on Monday, June 1st. They set a “buy” rating and a $21.00 price target for the company. Huntington initiated coverage on shares of FrontView REIT in a research note on Wednesday, July 15th. They set an “outperform” rating and a $22.50 price target on the stock. Finally, Citigroup reiterated a “buy” rating on shares of FrontView REIT in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, FrontView REIT presently has an average rating of “Moderate Buy” and an average target price of $22.50.

FrontView REIT Stock Performance

NYSE:FVR opened at $19.92 on Friday. The firm’s fifty day simple moving average is $20.36 and its 200 day simple moving average is $18.12. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.62. FrontView REIT, Inc. has a twelve month low of $12.85 and a twelve month high of $22.29. The firm has a market capitalization of $487.24 million, a price-to-earnings ratio of 664.00, a PEG ratio of 1.10 and a beta of 1.08.

FrontView REIT (NYSE:FVR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.The firm 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. As a group, equities research analysts expect that FrontView REIT, Inc. will post 1.21 earnings per share for the current fiscal year.

FrontView REIT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.215 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.3%. FrontView REIT’s dividend payout ratio (DPR) is 2,866.67%.

About FrontView REIT

FrontView REIT specializes in real estate investing.