FrontView REIT (NYSE:FVR) Upgraded at B. Riley Financial

B. Riley Financial upgraded shares of FrontView REIT (NYSE:FVR) to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.

FVR has been the topic of a number of other research reports. Wells Fargo & Company lifted their price target on shares of FrontView REIT from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. increased their price objective on shares of FrontView REIT from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. JonesTrading began coverage on shares of FrontView REIT in a report on Wednesday, January 14th. They set a “buy” rating and a $19.00 price objective for the company. Morgan Stanley increased their price target on shares of FrontView REIT from $13.50 to $14.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 31st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of FrontView REIT in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, FrontView REIT currently has an average rating of “Hold” and a consensus price target of $16.58.

FrontView REIT Trading Down 5.2%

Shares of FVR opened at $15.36 on Wednesday. FrontView REIT has a 12-month low of $10.61 and a 12-month high of $17.09. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $342.73 million, a price-to-earnings ratio of -69.82, a P/E/G ratio of 2.06 and a beta of 1.28. The stock’s 50-day moving average price is $16.27 and its 200 day moving average price is $14.96.

FrontView REIT (NYSE:FVR) last announced its quarterly earnings data on Tuesday, February 24th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.50). FrontView REIT had a negative return on equity of 0.76% and a negative net margin of 5.71%.The firm had revenue of $16.52 million during the quarter, compared to the consensus estimate of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. As a group, research analysts predict that FrontView REIT will post 1.22 earnings per share for the current year.

FrontView REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.215 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.86 annualized dividend and a yield of 5.6%. FrontView REIT’s payout ratio is presently -390.91%.

FrontView REIT declared that its board has initiated a share buyback plan on Monday, November 24th that allows the company to repurchase $75.00 million in shares. This repurchase authorization allows the company to purchase up to 23.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FVR. Kestra Advisory Services LLC bought a new stake in shares of FrontView REIT in the 4th quarter valued at about $30,000. Strs Ohio bought a new position in FrontView REIT during the 1st quarter worth approximately $35,000. Public Employees Retirement System of Ohio acquired a new position in FrontView REIT during the fourth quarter valued at approximately $106,000. Resona Asset Management Co. Ltd. grew its holdings in FrontView REIT by 26.5% during the third 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 period. Finally, State of Alaska Department of Revenue increased its stake in FrontView REIT by 9.2% in the third quarter. State of Alaska Department of Revenue now owns 9,275 shares of the company’s stock valued at $126,000 after purchasing an additional 783 shares in the last quarter.

About FrontView REIT

FrontView REIT specializes in real estate investing.