FrontView REIT, Inc. (NYSE:FVR – Get Free Report) crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $17.94 and traded as high as $18.58. FrontView REIT shares last traded at $18.49, with a volume of 478,842 shares trading hands.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Weiss Ratings raised shares of FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. Morgan Stanley upped their price target on FrontView REIT from $18.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. raised their price objective on FrontView REIT from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th. JonesTrading reiterated a “buy” rating and set a $21.00 price objective on shares of FrontView REIT in a research note on Thursday, August 6th. Finally, Huntington began coverage on FrontView REIT in a report on Wednesday, July 15th. They issued an “outperform” rating and a $22.50 target price on the stock. Two investment 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.72.
FrontView REIT Trading Up 0.1%
FrontView REIT (NYSE:FVR – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.03 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 company had revenue of $16.40 million for the quarter, compared to analysts’ expectations of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. On average, research analysts expect that FrontView REIT, Inc. will post 1.20 earnings per share for the current fiscal year.
FrontView REIT Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders 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 of this dividend was Wednesday, September 30th. FrontView REIT’s dividend payout ratio (DPR) is presently 2,866.67%.
Hedge Funds Weigh In On FrontView REIT
Several institutional investors have recently made changes to their positions in FVR. Legal & General Group Plc purchased a new position in FrontView REIT during the second quarter valued at $43,000. Avalon Trust Co bought a new stake in FrontView REIT during the second quarter worth approximately $48,000. State of Wyoming bought a new stake in shares of FrontView REIT in the 2nd quarter valued at approximately $166,000. TSA Wealth Managment LLC purchased a new position in shares of FrontView REIT in the 1st quarter worth approximately $186,000. Finally, Kingsview Wealth Management LLC bought a new position in shares of FrontView REIT during the 2nd quarter valued at approximately $249,000.
FrontView REIT Company Profile
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.
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