FrontView REIT (NYSE:FVR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of FrontView REIT (NYSE:FVR) from a sell rating to a hold rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

FVR has been the subject of several other research reports. JonesTrading reissued a “buy” rating and set a $21.00 price objective on shares of FrontView REIT in a report on Thursday, August 6th. BMO Capital Markets reduced their target price on FrontView REIT from $24.00 to $20.00 and set an “outperform” rating on the stock in a report on Thursday, October 8th. JPMorgan Chase & Co. lifted their target price on FrontView REIT from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. Raymond James Financial reiterated a “strong-buy” rating and issued a $23.00 target price on shares of FrontView REIT in a research report on Thursday, August 13th. Finally, Huntington assumed coverage on FrontView REIT in a research note on Wednesday, July 15th. They set an “outperform” rating and a $22.50 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.72.

FrontView REIT Price Performance

Shares of NYSE:FVR opened at $18.81 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a fifty day moving average price of $17.92 and a 200 day moving average price of $17.97. FrontView REIT has a fifty-two week low of $12.89 and a fifty-two week high of $22.29. The firm has a market cap of $460.09 million, a price-to-earnings ratio of 627.10, a P/E/G ratio of 1.54 and a beta of 1.11.

FrontView REIT (NYSE:FVR) last posted its earnings results on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $16.40 million during the quarter, compared to analysts’ expectations of $18.31 million. FrontView REIT had a net margin of 2.10% and a return on equity of 0.29%. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. As a group, sell-side analysts expect that FrontView REIT will post 1.20 earnings per share for the current fiscal year.

FrontView REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.2150 dividend. This represents a $0.86 annualized dividend and a yield of 4.6%. The ex-dividend date was Wednesday, September 30th. FrontView REIT’s payout ratio is currently 2,866.67%.

Institutional Investors Weigh In On FrontView REIT

Hedge funds have recently bought and sold shares of the business. Irenic Capital Management LP purchased a new stake in shares of FrontView REIT during the 2nd quarter valued at about $1,347,000. Dimensional Fund Advisors LP lifted its holdings in shares of FrontView REIT by 333.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 83,002 shares of the company’s stock valued at $1,284,000 after acquiring an additional 63,840 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of FrontView REIT by 6,163.9% in the 1st quarter. Royal Bank of Canada now owns 81,431 shares of the company’s stock valued at $1,260,000 after acquiring an additional 80,131 shares during the last quarter. Corient Private Wealth LP bought a new position in shares of FrontView REIT in the 2nd quarter valued at about $12,544,000. Finally, Bank of New York Mellon Corp purchased a new position in FrontView REIT in the second quarter worth about $1,541,000.

About FrontView REIT

FrontView REIT, Inc is a real estate investment trust that acquires, owns and manages commercial properties across the United States. The company focuses on highly visible, accessible properties located along major roads and in established commercial areas.

Its portfolio is primarily composed of net-leased, necessity-based properties occupied by businesses such as healthcare providers, automotive service operators, consumer service companies and other retail-oriented tenants. These properties are generally designed to serve everyday consumer needs and benefit from prominent locations and convenient access.

FrontView REIT’s strategy emphasizes acquiring and operating diversified commercial real estate with durable tenant demand.