FrontView REIT (NYSE:FVR - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.200-1.260 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of -.
FrontView REIT Stock Down 1.8 %
Shares of FVR stock traded down $0.24 during mid-day trading on Friday, reaching $13.32. The stock had a trading volume of 828,438 shares, compared to its average volume of 262,289. FrontView REIT has a 12-month low of $13.00 and a 12-month high of $19.76. The firm's 50-day moving average is $16.67.
FrontView REIT (NYSE:FVR - Get Free Report) last announced its quarterly earnings results on Wednesday, March 19th. The company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.02). The firm had revenue of $15.51 million during the quarter, compared to analyst estimates of $15.45 million. On average, sell-side analysts anticipate that FrontView REIT will post 1.22 earnings per share for the current year.
FrontView REIT Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date of this dividend is Monday, March 31st.
Analyst Ratings Changes
A number of research firms recently commented on FVR. Wells Fargo & Company dropped their price objective on FrontView REIT from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Friday, March 14th. Morgan Stanley dropped their price objective on FrontView REIT from $23.00 to $22.00 and set an "overweight" rating for the company in a research report on Friday, January 3rd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, FrontView REIT currently has a consensus rating of "Buy" and a consensus target price of $21.20.
Read Our Latest Stock Analysis on FrontView REIT
About FrontView REIT
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FrontView REIT specializes in real estate investing.
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