FrontView REIT, Inc. (NYSE:FVR) Announces $0.22 Quarterly Dividend

FrontView REIT, Inc. (NYSE:FVR - Get Free Report) declared a quarterly dividend on Tuesday, March 18th, Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.215 per share on Tuesday, April 15th. This represents a $0.86 annualized dividend and a yield of 6.42%. The ex-dividend date is Monday, March 31st.

FrontView REIT Stock Up 0.1 %

Shares of NYSE FVR traded up $0.01 during mid-day trading on Monday, reaching $13.40. The company's stock had a trading volume of 344,710 shares, compared to its average volume of 262,987. FrontView REIT has a 52 week low of $13.00 and a 52 week high of $19.76. The firm's fifty day simple moving average is $16.67.

FrontView REIT (NYSE:FVR - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.02). The business had revenue of $15.51 million for the quarter, compared to analyst estimates of $15.45 million. Research analysts expect that FrontView REIT will post 1.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on FVR. Morgan Stanley decreased their price target on shares of FrontView REIT from $23.00 to $22.00 and set an "overweight" rating on the stock in a research note on Friday, January 3rd. Wells Fargo & Company reduced their price objective on FrontView REIT from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Friday, March 14th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $21.20.

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FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.