Corient Private Wealth LP bought a new stake in FrontView REIT, Inc. (NYSE:FVR – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 620,069 shares of the company’s stock, valued at approximately $12,544,000.
Other hedge funds also recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $30,000. Legal & General Group Plc purchased a new position in FrontView REIT during the 2nd quarter worth $43,000. Avalon Trust Co purchased a new position in FrontView REIT during the 2nd quarter worth $48,000. Strs Ohio acquired a new position in FrontView REIT in the first quarter valued at $35,000. Finally, Public Employees Retirement System of Ohio acquired a new position in FrontView REIT in the fourth quarter valued at $106,000.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. JonesTrading reiterated a “buy” rating and set a $21.00 target price on shares of FrontView REIT in a research note on Thursday, August 6th. Weiss Ratings upgraded FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. B. Riley Financial upped their price objective on FrontView REIT from $20.50 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. boosted their price objective on shares of FrontView REIT from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Finally, Huntington initiated coverage on shares of FrontView REIT in a research report on Wednesday, July 15th. They set an “outperform” rating and a $22.50 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, FrontView REIT presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.50.
FrontView REIT Price Performance
Shares of NYSE:FVR opened at $19.50 on Friday. The firm has a market capitalization of $476.97 million, a price-to-earnings ratio of 650.00, a price-to-earnings-growth ratio of 1.39 and a beta of 1.08. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.57 and a quick ratio of 0.57. The business’s 50 day simple moving average is $20.39 and its 200-day simple moving average is $18.25. FrontView REIT, Inc. has a 12 month low of $12.85 and a 12 month high of $22.29.
FrontView REIT (NYSE:FVR – Get Free Report) last released its quarterly earnings data 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 firm had revenue of $16.40 million during the quarter, compared to the consensus estimate of $18.31 million. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. As a group, equities analysts forecast that FrontView REIT, Inc. will post 1.2 earnings per share for the current fiscal year.
FrontView REIT Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a $0.215 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 annualized dividend and a dividend yield of 4.4%. FrontView REIT’s dividend payout ratio is currently 2,866.67%.
FrontView REIT Company Profile
FrontView REIT specializes in real estate investing.
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