FrontView REIT (NYSE:FVR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of FrontView REIT (NYSE:FVR) from a sell rating to a hold rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Other equities research analysts have also issued reports about the company. Morgan Stanley lifted their target price on FrontView REIT from $18.00 to $21.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Huntington started coverage on FrontView REIT in a report on Wednesday, July 15th. They issued an “outperform” rating and a $22.50 price objective for the company. Citigroup reaffirmed a “buy” rating on shares of FrontView REIT in a research note on Wednesday, July 1st. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $23.00 price objective on shares of FrontView REIT in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. raised their target price 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. 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $22.50.

FrontView REIT Trading Up 1.6%

FVR stock opened at $17.64 on Friday. 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 company has a market capitalization of $431.47 million, a PE ratio of 588.00, a P/E/G ratio of 1.24 and a beta of 1.04. The firm’s 50-day moving average is $19.78 and its 200 day moving average is $18.51. FrontView REIT has a 12 month low of $12.89 and a 12 month high of $22.29.

FrontView REIT (NYSE:FVR) last posted its quarterly earnings results 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 net margin of 2.10% and a return on equity of 0.29%. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. On average, research analysts anticipate that FrontView REIT will post 1.19 EPS for the current year.

FrontView REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.215 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.9%. FrontView REIT’s dividend payout ratio (DPR) is currently 2,866.67%.

Institutional Investors Weigh In On FrontView REIT

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of FrontView REIT during the 2nd quarter valued at $90,166,000. Corient Private Wealth LP purchased a new position in FrontView REIT during the 2nd quarter worth $12,544,000. Corient Private Wealth LLC increased its position in FrontView REIT by 353.1% during the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock valued at $11,231,000 after buying an additional 592,940 shares in the last quarter. SlateStone Wealth LLC purchased a new stake in FrontView REIT in the fourth quarter valued at about $3,645,000. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in FrontView REIT in the second quarter valued at about $1,843,000.

About FrontView REIT

FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of necessity-based, service-oriented retail properties in the United States. The company focuses primarily on properties located in high-traffic areas and occupied by tenants that provide essential goods and services, including healthcare, automotive services, convenience retail, and other everyday-use businesses.

FrontView’s properties are generally positioned in prominent locations with convenient access and visibility.