FrontView REIT (NYSE:FVR) Stock Gets Price Target Reduction from Wells Fargo & Company

FrontView REIT (NYSE:FVR) had its target price lowered by Wells Fargo & Company from $23.00 to $20.00 in a report published on Monday,Benzinga reports. The firm currently has an overweight rating on the stock.

FVR has been the topic of several other reports. JonesTrading reissued a “buy” rating and set a $21.00 price target on shares of FrontView REIT in a research report on Thursday, August 6th. Wall Street Zen cut FrontView REIT from a “hold” rating to a “sell” rating in a report on Saturday, October 3rd. Morgan Stanley increased their price objective on shares of FrontView REIT from $18.00 to $21.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Citigroup reaffirmed a “buy” rating on shares of FrontView REIT in a research report on Wednesday, July 1st. Finally, Wolfe Research upgraded shares of FrontView REIT to a “strong-buy” rating in a research note on Monday, June 29th. Two 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 company’s stock. According to MarketBeat, FrontView REIT currently has an average rating of “Moderate Buy” and a consensus price target of $21.72.

FrontView REIT Trading Down 1.1%

NYSE:FVR opened at $17.22 on Monday. The business’s 50-day moving average is $18.17 and its two-hundred day moving average is $18.69. The firm has a market capitalization of $421.10 million, a PE ratio of 573.87, a price-to-earnings-growth ratio of 1.51 and a beta of 1.11. FrontView REIT has a 12 month low of $12.89 and a 12 month high of $22.29. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.57 and a quick ratio of 0.57.

FrontView REIT (NYSE:FVR) last issued its earnings results on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. Research analysts predict that FrontView REIT will post 1.19 earnings per share for the current fiscal year.

FrontView REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.2150 per share. This represents a $0.86 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Wednesday, September 30th. FrontView REIT’s dividend payout ratio (DPR) is currently 2,866.67%.

Institutional Investors Weigh In On FrontView REIT

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Legal & General Group Plc acquired a new stake in shares of FrontView REIT in the 2nd quarter valued at about $43,000. Avalon Trust Co acquired a new position in FrontView REIT in the second quarter worth about $48,000. State of Wyoming acquired a new position in FrontView REIT in the second quarter worth about $166,000. TSA Wealth Managment LLC bought a new stake in FrontView REIT in the first quarter valued at about $186,000. Finally, Kingsview Wealth Management LLC bought a new stake in FrontView REIT in the second quarter valued at about $249,000.

About FrontView REIT

FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of freestanding, primarily net-leased commercial properties in the United States. The company focuses on highly visible, well-located properties, often positioned along major roads and near established retail or commercial areas.

FrontView’s properties are generally occupied by necessity-based retail and service businesses, including automotive, healthcare, financial services, restaurant, and other consumer-oriented tenants.