FrontView REIT, Inc. (NYSE:FVR) Sees Significant Decrease in Short Interest

FrontView REIT, Inc. (NYSE:FVR) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 510,309 shares, a drop of 76.0% from the August 15th total of 2,129,544 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average daily volume of 261,810 shares, the days-to-cover ratio is presently 1.9 days.

FrontView REIT Stock Down 1.6%

Shares of NYSE:FVR traded down $0.30 during midday trading on Friday, reaching $18.41. 99,772 shares of the company were exchanged, compared to its average volume of 189,085. The firm has a market cap of $450.21 million, a PE ratio of 613.63, a P/E/G ratio of 1.34 and a beta of 1.04. FrontView REIT has a fifty-two week low of $12.89 and a fifty-two week high of $22.29. The stock has a fifty day simple moving average of $20.14 and a two-hundred day simple moving average of $18.44. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.62.

FrontView REIT (NYSE:FVR) last announced its earnings results on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. FrontView REIT had a net margin of 2.10% and a return on equity of 0.29%. The firm had revenue of $16.40 million during the quarter, compared to analyst estimates of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. As a group, sell-side analysts forecast that FrontView REIT will post 1.2 earnings per share for the current year.

FrontView REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.215 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 annualized dividend and a yield of 4.7%. FrontView REIT’s dividend payout ratio is presently 2,866.67%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new stake in FrontView REIT during the 4th quarter worth about $30,000. Strs Ohio bought a new position in shares of FrontView REIT in the 1st quarter valued at about $35,000. Legal & General Group Plc acquired a new stake in shares of FrontView REIT in the second quarter valued at about $43,000. Avalon Trust Co bought a new stake in FrontView REIT during the second quarter worth about $48,000. Finally, Public Employees Retirement System of Ohio acquired a new position in FrontView REIT during the fourth quarter valued at approximately $106,000.

Analysts Set New Price Targets

A number of research firms recently commented on FVR. JPMorgan Chase & Co. upped their price objective on shares of FrontView REIT from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th. BMO Capital Markets lifted their target price on FrontView REIT from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Wall Street Zen cut FrontView REIT from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Morgan Stanley increased their price target on FrontView REIT from $18.00 to $21.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Finally, Wells Fargo & Company raised their price target on FrontView REIT from $19.00 to $23.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, FrontView REIT currently has an average rating of “Moderate Buy” and an average price target of $22.50.

About FrontView REIT

FrontView REIT specializes in real estate investing.