FrontView REIT (NYSE:FVR - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02), Zacks reports. The company had revenue of $15.51 million for the quarter, compared to analysts' expectations of $15.45 million. FrontView REIT updated its FY 2025 guidance to 1.200-1.260 EPS.
FrontView REIT Price Performance
Shares of FrontView REIT stock traded down $0.24 on Friday, hitting $13.32. The company had a trading volume of 828,438 shares, compared to its average volume of 262,289. FrontView REIT has a 52 week low of $13.00 and a 52 week high of $19.76. The business has a 50-day simple moving average of $16.67.
FrontView REIT Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.215 per share. The ex-dividend date is Monday, March 31st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 6.46%.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their target price 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 dropped their price target on FrontView REIT from $20.00 to $19.00 and set an "overweight" rating on the stock in a research report on Friday, March 14th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $21.20.
Check Out Our Latest Analysis on FrontView REIT
About FrontView REIT
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FrontView REIT specializes in real estate investing.
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