# FrontView REIT, Inc. (FVR)

> Source: Nexqual · https://nexqual.com/FVR · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, FrontView REIT, Inc. (FVR), nexqual.com/FVR" · informational, not investment advice.

**Price:** USD 17.1 (+2.15% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 16.74 · day 16.86–17.51 · 52w 12.89–22.29 · market cap $517M · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $69.5M, net income $1.5M (2.1% margin) (SEC filings).
- Valuation: P/E 354.7x, net debt $323M.
- 1 of 80 tracked superinvestors hold FVR (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.42 on a 1–5 scale) (12 analysts), mean target USD 21.75 (range 19–24).
- Total return with dividends: 1Y +24.2% vs S&P 500 +18.1%; 5Y -0.4% vs S&P 500 +85.1%.
- Next earnings: 2026-11-05, EPS estimate USD -0.02, revenue estimate $18.7M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2024 | FY2025 | TTM |
|---|---|---|---|
| Revenue | $48.3M | $67.1M | $69.5M |
| Operating income | -$14.5M | -$5.6M | — |
| Net income | -$1.1M | -$3.8M | $1.5M |
| EPS (diluted) | — | -$0.22 | — |
| Operating margin | -30.0% | -8.3% | — |
| Net margin | -2.3% | -5.7% | 2.1% |
| Cash + short-term investments | $17.1M | $13.5M | — |
| Total debt | $436M | $314M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 354.7x · P/S 7.4x · EV/Sales 12.1x · P/B 1.2x · Earnings yield 0.28% · Dividend yield (paid, TTM) 3.59% · Net debt $323M · EV $840M

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold FVR. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.02% | $13.2M | Added +12.8% |

## Analysts
Consensus Buy (mean 2.42 on a 1–5 scale), 12 analysts; mean target USD 21.75 (low 19, high 24).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | BMO Capital | Target lowered | Outperform | $24 → $20 |
| 2026-08-18 | JP Morgan | Target raised | Neutral | $21 → $23 |
| 2026-08-06 | Jones Trading | Maintained | Buy | $21 |
| 2026-07-20 | BMO Capital | Target raised | Outperform | $21 → $24 |
| 2026-07-15 | Wells Fargo | Target raised | Overweight | $19 → $23 |
| 2026-07-08 | Morgan Stanley | Target raised | Equal-Weight | $18 → $21 |
| 2026-07-01 | Jones Trading | Target raised | Buy | $19 → $21 |
| 2026-06-24 | B. Riley Securities | Target raised | Buy | $20.5 → $24 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2024-09-30) |
|---|---|---|
| Total return | +24.2% | -0.4% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +24.3% | -0.2% |
| Volatility (annualized) | 26.7% | 31.7% |
| Max drawdown | -25.1% (Jul 2026→Oct 2026) | -40.5% (Oct 2024→May 2025) |

## Peers (REIT - Diversified)
OLP (One Liberty Properties, Inc.) USD 22.13 -0.49% · AHRT (AH Realty Trust, Inc.) USD 5.97 -1.32% · GOOD (Gladstone Commercial Corporatio) USD 12.64 -1.56% · CTO (CTO Realty Growth, Inc.) USD 20.6 -0.91% · SAFE (Safehold Inc. New) USD 11.55 -3.51% · JBGS (JBG SMITH Properties) USD 11.08 -0.63%

## More
Full page: https://nexqual.com/FVR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt