FrontView REIT, Inc. (NYSE:FVR) Short Interest Down 17.8% in January

FrontView REIT, Inc. (NYSE:FVR) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 536,633 shares, a decrease of 17.8% from the December 31st total of 652,895 shares. Based on an average daily volume of 265,469 shares, the short-interest ratio is presently 2.0 days. Approximately 2.6% of the company’s shares are sold short. Approximately 2.6% of the company’s shares are sold short. Based on an average daily volume of 265,469 shares, the short-interest ratio is presently 2.0 days.

FrontView REIT Stock Performance

Shares of FrontView REIT stock traded up $0.06 during mid-day trading on Monday, hitting $16.47. 61,146 shares of the stock were exchanged, compared to its average volume of 226,381. The company has a 50-day simple moving average of $15.52 and a 200 day simple moving average of $14.08. The company has a market capitalization of $356.47 million, a P/E ratio of -20.09 and a beta of 1.32. FrontView REIT has a 12 month low of $10.61 and a 12 month high of $18.01. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.39 and a current ratio of 1.39.

FrontView REIT (NYSE:FVR) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.11). The business had revenue of $16.89 million during the quarter, compared to the consensus estimate of $17.34 million. FrontView REIT had a negative net margin of 32.21% and a negative return on equity of 4.25%. FrontView REIT has set its FY 2025 guidance at 1.230-1.250 EPS. Sell-side analysts anticipate that FrontView REIT will post 1.22 earnings per share for the current fiscal year.

FrontView REIT declared that its Board of Directors has approved a share repurchase plan on Monday, November 24th that permits the company to buyback $75.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 23.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.

FrontView REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.215 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.86 annualized dividend and a yield of 5.2%. FrontView REIT’s dividend payout ratio is presently -104.88%.

Wall Street Analyst Weigh In

FVR has been the topic of a number of research analyst reports. Zacks Research upgraded FrontView REIT from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of FrontView REIT in a research note on Monday, December 29th. Morgan Stanley lifted their price target on shares of FrontView REIT from $13.50 to $14.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 31st. JPMorgan Chase & Co. raised their price objective on FrontView REIT from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Finally, Wall Street Zen upgraded shares of FrontView REIT from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, FrontView REIT currently has a consensus rating of “Hold” and a consensus target price of $15.80.

Hedge Funds Weigh In On FrontView REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strs Ohio purchased a new stake in shares of FrontView REIT during the 1st quarter valued at approximately $35,000. CWM LLC lifted its position in FrontView REIT by 18,067.6% during the second quarter. CWM LLC now owns 6,722 shares of the company’s stock valued at $81,000 after purchasing an additional 6,685 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of FrontView REIT by 25.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 8,492 shares of the company’s stock worth $101,000 after acquiring an additional 1,732 shares during the last quarter. Resona Asset Management Co. Ltd. increased its position in shares of FrontView REIT by 26.5% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 8,153 shares of the company’s stock valued at $111,000 after purchasing an additional 1,708 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in FrontView REIT by 13.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after buying an additional 1,156 shares in the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.