FrontView REIT

FVR · NYSE

$17.40+$0.64 (+3.82%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $16.76

FVR analyst rating

BuyConsensus of 10 analysts over the last 12 months. 80% rate it a buy.

Strong buy1
Buy7
Hold2
Underperform0
Sell0

12-month price target · 14 analysts

Average $22.74 (+30.7% upside)

Low: $19.19
Now: $17.40
High: $25.20

Upgrades and downgrades

The latest rating actions, newest first

FVR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Oct 19, 2026	Maintains	Overweight	$23.00 → $20.00	48%
BMO Capital	Oct 8, 2026	Maintains	Outperform	$24.00 → $20.00	45%
JP Morgan	Aug 18, 2026	Maintains	Neutral	$21.00 → $23.00	58%
Jones Trading	Aug 6, 2026	Maintains	Buy	$21.00	26%
BMO Capital	Jul 20, 2026	Maintains	Outperform	$21.00 → $24.00	45%
Wells Fargo	Jul 15, 2026	Maintains	Overweight	$19.00 → $23.00	51%
Morgan Stanley	Jul 8, 2026	Maintains	Equal-Weight	$18.00 → $21.00	56%
Jones Trading	Jul 1, 2026	Maintains	Buy	$19.00 → $21.00	26%
B. Riley Securities	Jun 24, 2026	Maintains	Buy	$20.50 → $24.00	48%
Raymond James	Jun 9, 2026	Initiates	Strong Buy	$22.00	39%

The case for and against

Updated Oct 16, 2026

Bull case

FrontView REIT is well positioned because it continues to source accretive net-lease acquisitions at 7.3%-7.4% yields while maintaining a long 7.1y-7.3y WALT and meaningful 31.4%-33.6% investment-grade exposure. Portfolio quality is improving as occupancy rose to 99.4% from 98.7%, credit issues have largely been digested, and re-tenanting efforts plus attractive recapture rates support future cash flow resilience with about 18% of ABR maturing through 2028. The balance sheet also underpins the constructive outlook, with net debt to AEBITDAre at 5.4x, adjusted leverage at 4.0x, liquidity of $208mm, and FY26 AFFO guidance raised to $1.32-$1.34 alongside higher net investment guidance to $120mm.

Bear case

FrontView REIT is viewed negatively because its business faces stiff competition from better-capitalized real estate investors that may accept more risk and outbid it for acquisitions. Its leverage profile adds downside risk, as short-term interest rate changes can compress returns to common shareholders and create dividend volatility, while the company itself says no leverage strategy is assured to succeed. Although 2Q26 investment and ATM activity lifted total revenues through about $35.3 million of net investments, FFO and AFFO per share were revised slightly lower due to a higher share count, and the estimated FY26 AFFO of $1.31 is only near the midpoint of guidance at $1.29 to $1.33.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.