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

FrontView REIT (NYSE:FVRGet Free Report) was upgraded by equities researchers at B. Riley Financial to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. increased their price target on shares of FrontView REIT from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FrontView REIT in a research note on Monday, December 29th. JonesTrading began coverage on shares of FrontView REIT in a report on Wednesday, January 14th. They issued a “buy” rating and a $19.00 price objective for the company. Wall Street Zen raised shares of FrontView REIT from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Wells Fargo & Company raised their target price on FrontView REIT from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $16.58.

View Our Latest Analysis on FrontView REIT

FrontView REIT Trading Down 5.2%

Shares of NYSE FVR opened at $15.36 on Wednesday. The business has a 50 day simple moving average of $16.27 and a 200 day simple moving average of $14.96. FrontView REIT has a 52 week low of $10.61 and a 52 week high of $17.09. The stock has a market cap of $342.73 million, a price-to-earnings ratio of -69.82, a PEG ratio of 2.06 and a beta of 1.28. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.73.

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

FrontView REIT declared that its board has approved a share 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 typically an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of FrontView REIT

Several large investors have recently modified their holdings of the company. Corient Private Wealth LLC grew its stake in FrontView REIT by 353.1% in the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock valued at $11,231,000 after buying an additional 592,940 shares during the last quarter. Invesco Ltd. lifted its position in FrontView REIT by 2,897.7% during the 4th quarter. Invesco Ltd. now owns 421,933 shares of the company’s stock worth $6,228,000 after acquiring an additional 407,858 shares during the last quarter. Susquehanna Portfolio Strategies LLC acquired a new position in FrontView REIT during the 4th quarter worth $367,000. AQR Capital Management LLC boosted its holdings in FrontView REIT by 39.6% during the fourth quarter. AQR Capital Management LLC now owns 72,812 shares of the company’s stock valued at $1,075,000 after acquiring an additional 20,655 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in FrontView REIT during the fourth quarter valued at about $106,000.

About FrontView REIT

(Get Free Report)

FrontView REIT specializes in real estate investing.

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Analyst Recommendations for FrontView REIT (NYSE:FVR)

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