FrontView REIT (NYSE:FVR) Price Target Raised to $23.00

FrontView REIT (NYSE:FVR) had its price target lifted by JPMorgan Chase & Co. from $21.00 to $23.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other research firms have also issued reports on FVR. B. Riley Financial boosted their target price on FrontView REIT from $20.50 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Compass Point assumed coverage on shares of FrontView REIT in a research report on Monday, June 1st. They issued a “buy” rating and a $21.00 price target on the stock. Wells Fargo & Company lifted their price objective on shares of FrontView REIT from $19.00 to $23.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. BMO Capital Markets boosted their price objective on shares of FrontView REIT from $21.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Finally, Weiss Ratings raised shares of FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $22.50.

FrontView REIT Stock Up 1.4%

NYSE:FVR opened at $19.92 on Tuesday. FrontView REIT has a 12-month low of $12.85 and a 12-month high of $22.29. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $487.24 million, a P/E ratio of 664.00, a P/E/G ratio of 1.10 and a beta of 1.08. The stock’s fifty day simple moving average is $20.36 and its 200-day simple moving average is $18.12.

FrontView REIT (NYSE:FVR) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.The business 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. Equities research analysts expect that FrontView REIT will post 1.21 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. Shareholders of record on Wednesday, September 30th will be paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, September 30th. FrontView REIT’s payout ratio is presently 2,866.67%.

Institutional Investors Weigh In On FrontView REIT

Large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in FrontView REIT by 333.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 83,002 shares of the company’s stock worth $1,284,000 after purchasing an additional 63,840 shares in the last quarter. First Dallas Securities Inc. lifted its stake in FrontView REIT by 344.2% in the first quarter. First Dallas Securities Inc. now owns 95,950 shares of the company’s stock valued at $1,484,000 after buying an additional 74,350 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of FrontView REIT by 353.1% in the fourth 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 during the period. SlateStone Wealth LLC acquired a new position in shares of FrontView REIT in the fourth quarter valued at approximately $3,645,000. Finally, First Eagle Investment Management LLC increased its position in shares of FrontView REIT by 1,230.4% during the fourth quarter. First Eagle Investment Management LLC now owns 399,126 shares of the company’s stock worth $5,891,000 after acquiring an additional 369,126 shares in the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.