Major Estimate Revision • May 14
Consensus estimates of losses per share improve by 93% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$72.2m to US$73.6m. EPS estimate increased from -US$0.152 per share to -US$0.01 per share. Retail REITs industry in the US expected to see average net income decline 6.4% next year. Consensus price target up from US$18.17 to US$18.72. Share price fell 3.1% to US$17.70 over the past week. Declared Dividend • May 11
First quarter dividend of US$0.21 announced Dividend of US$0.21 is the same as last year. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 4.7%, which is lower than the industry average of 5.2%. Reported Earnings • May 07
First quarter 2026 earnings released: EPS: US$0.004 (vs US$0.059 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.004 (up from US$0.059 loss in 1Q 2025). Revenue: US$18.2m (up 12% from 1Q 2025). Net income: US$81.0k (up US$1.11m from 1Q 2025). Profit margin: 0.4% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Announcement • Apr 21
FrontView REIT, Inc., Annual General Meeting, May 27, 2026 FrontView REIT, Inc., Annual General Meeting, May 27, 2026. Announcement • Apr 14
FrontView REIT, Inc. to Report Q1, 2026 Results on May 06, 2026 FrontView REIT, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Major Estimate Revision • Apr 07
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$0.13 to -US$0.163 per share. Revenue forecast of US$72.0m unchanged since last update. Retail REITs industry in the US expected to see average net income decline 13% next year. Consensus price target of US$17.44 unchanged from last update. Share price rose 3.7% to US$16.05 over the past week. Recent Insider Transactions Derivative • Apr 07
Chief Accounting Officer exercised options and sold US$163k worth of stock On the 31st of March, Sean Fukumura exercised options to acquire 11k shares at no cost and sold these for an average price of US$15.47 per share. This trade did not impact their existing holding. Since June 2025, Sean's direct individual holding has increased from 6.72k shares to 17.79k. Company insiders have collectively sold US$305k more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • Mar 24
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Trailing yield: 5.5%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.8%). Major Estimate Revision • Mar 20
Consensus EPS estimates fall by 117%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$68.5m to US$72.0m. Forecast EPS reduced from -US$0.06 to -US$0.13 per share. Retail REITs industry in the US expected to see average net income decline 13% next year. Consensus price target up from US$16.71 to US$17.44. Share price fell 3.6% to US$15.44 over the past week. Major Estimate Revision • Mar 10
Consensus EPS estimates upgraded to US$0.06 loss, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$72.5m to US$68.5m. 2026 losses expected to reduce from -US$0.18 to -US$0.06 per share. Retail REITs industry in the US expected to see average net income decline 13% next year. Consensus price target broadly unchanged at US$16.71. Share price was steady at US$16.21 over the past week. New Risk • Mar 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.8% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$4.7m net loss in 2 years). Announcement • Feb 28
FrontView REIT, Inc. has filed a Follow-on Equity Offering in the amount of $75 million. FrontView REIT, Inc. has filed a Follow-on Equity Offering in the amount of $75 million.
Security Name: Common Stock
Security Type: Common Stock
Security Features: Income Trust
Transaction Features: At the Market Offering Declared Dividend • Feb 27
Fourth quarter dividend of US$0.21 announced Dividend of US$0.21 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 5.2%, which is about the same as the industry average. New Risk • Feb 26
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$3.8m Forecast net loss in 2 years: US$1.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (342% payout ratio). Currently unprofitable and not forecast to become profitable over next 2 years (US$1.8m net loss in 2 years). Announcement • Feb 25
FrontView REIT, Inc. Declares Quarterly Dividend, Payable on or Before April 15, 2026 On February 24, 2026, the board of directors of FrontView REIT, Inc. declared a quarterly dividend of $0.215 per common share and OP unit to holders of record as of March 31, 2026, payable on or before April 15, 2026. Announcement • Jan 27
FrontView REIT, Inc. to Report Q4, 2025 Results on Feb 24, 2026 FrontView REIT, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 24, 2026 Major Estimate Revision • Jan 15
Consensus EPS estimates upgraded to US$0.025 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.04 to -US$0.025 per share. Revenue forecast steady at US$67.5m. Retail REITs industry in the US expected to see average net income decline 2.2% next year. Consensus price target of US$16.17 unchanged from last update. Share price rose 4.4% to US$16.39 over the past week. Major Estimate Revision • Jan 02
Consensus EPS estimates upgraded to US$0.04 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.05 to -US$0.04 per share. Revenue forecast steady at US$67.6m. Retail REITs industry in the US expected to see average net income decline 2.2% next year. Consensus price target broadly unchanged at US$16.00. Share price fell 4.0% to US$14.76 over the past week. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Trailing yield: 5.7%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.9%). Major Estimate Revision • Dec 07
Consensus EPS estimates fall by 400% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$0.01 to -US$0.05 per share. Revenue forecast unchanged at US$67.6m. Retail REITs industry in the US expected to see average net income decline 2.4% next year. Consensus price target up from US$15.25 to US$15.58. Share price was steady at US$15.45 over the past week. Announcement • Nov 25
FrontView REIT, Inc. (NYSE:FVR) announces an Equity Buyback for $75 million worth of its shares. FrontView REIT, Inc. (NYSE:FVR) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its common stock. The program is valid till November 10, 2026. Major Estimate Revision • Nov 20
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$68.7m to US$67.2m. Losses expected to increase from US$0.32 per share to US$0.38. Retail REITs industry in the US expected to see average net income decline 3.0% next year. Consensus price target of US$15.08 unchanged from last update. Share price was steady at US$13.67 over the past week. New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 220% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings are forecast to decline by an average of 220% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (342% payout ratio). Large one-off items impacting financial results. Declared Dividend • Nov 16
Third quarter dividend of US$0.21 announced Dividend of US$0.21 is the same as last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 6.0%, which is higher than the industry average of 5.2%. Reported Earnings • Nov 13
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: US$0.19 (up from US$0.15 loss in 3Q 2024). Revenue: US$16.8m (up 16% from 3Q 2024). Net income: US$4.02m (up US$6.45m from 3Q 2024). Profit margin: 24% (up from net loss in 3Q 2024). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Retail REITs industry in the US. Announcement • Nov 13
FrontView REIT, Inc. announced that it expects to receive $75 million in funding from Maewyn Capital Partners Llc FrontView REIT, Inc. announced it has entered into an agreement to issue $75 million convertible perpetual preferred equity investment led by Maewyn Capital Partners on November 12, 2025. The preferred shares are convertible into common shares at $17.00 per share by the investors at any time. Two years after the final draw, the Company has the option to convert the Convertible Preferred Shares to common shares, the volume-weighted average price exceeds 17.5% above the Conversion Price for 30 consecutive trading days. Announcement • Oct 16
FrontView REIT, Inc. to Report Q3, 2025 Results on Nov 12, 2025 FrontView REIT, Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Recent Insider Transactions Derivative • Oct 08
CEO & Chairman of The Board exercised options and sold US$288k worth of stock On the 4th of October, Stephen Preston exercised options to acquire 21k shares at no cost and sold these for an average price of US$13.91 per share. This trade did not impact their existing holding. For the year to December 2024, Stephen's total compensation was 3% salary and 97% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Stephen's direct individual holding has increased from 6.45k shares to 37.75k. Company insiders have collectively bought US$496k more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 30 September 2025. Payment date: 15 October 2025. Trailing yield: 6.4%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.9%). New Risk • Sep 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (dividend per share is over 17x earnings per share). Currently unprofitable and not forecast to become profitable next year (US$5.3m net loss next year). Recent Insider Transactions • Aug 21
CEO & Chairman of The Board recently bought US$195k worth of stock On the 20th of August, Stephen Preston bought around 15k shares on-market at roughly US$13.18 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of US$536k worth in shares. Breakeven Date Change • Aug 18
No longer forecast to breakeven The 6 analysts covering FrontView REIT no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$3.79m in 2026. New consensus forecast suggests the company will make a loss of US$873.6k in 2027. Reported Earnings • Aug 15
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: FFO per share: US$0.3. Revenue: US$17.6m (up 20% from 2Q 2024). Funds from operations (FFO): US$6.72m (up 68% from 2Q 2024). FFO margin: 38% (up from 27% in 2Q 2024). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Retail REITs industry in the US. Announcement • Jul 16
FrontView REIT, Inc. to Report Q2, 2025 Results on Aug 13, 2025 FrontView REIT, Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Breakeven Date Change • Jul 02
Forecast breakeven date moved forward to 2025 The 6 analysts covering FrontView REIT previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$447.5k in 2025. Earnings growth of 37% is required to achieve expected profit on schedule. Announcement • Jul 01
FrontView REIT, Inc. Appoints Pierre Revol as Chief Financial Officer, Effective July 21, 2025 FrontView REIT, Inc. announced the appointment of Pierre Revol to serve as the Company’s Chief Financial Officer (“CFO”), effective July 21, 2025. With over 20 years of leadership in the real estate and financial sectors, Pierre Revol brings deep expertise in corporate finance, capital markets, REIT operations, and strategic transactions. Most recently, Pierre served as Senior Vice President of Capital Markets at CyrusOne, a leading global data center owner, developer, and operator. In this role, Pierre played an instrumental role in developing and executing the company's capital markets strategy during a time of significant growth and innovation. He successfully raised over $15 billion in both asset-level and corporate financing to ensure CyrusOne’s future growth. Prior to his role at CyrusOne, Pierre served as Senior Vice President, Corporate Finance and Investor Relations at Spirit Realty Capital, Inc., formerly a publicly traded net-lease REIT. As a member of the Management Operating Committee, Pierre played a key leadership role in corporate strategy, capital allocation, and enterprise planning. Additionally, Pierre was principally involved in corporate transactions, including the spin-off and $2.4 billion sale of Spirit Master Trust, the $9.3 billion merger of Realty Income and Spirit Realty, and over $10 billion in capital markets transactions. Pierre received a Bachelor of Science degree in Economics from the Wharton School with a concentration in Finance and a Bachelor of Arts degree in International Relations from the University of Pennsylvania. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Trailing yield: 7.4%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.1%). Major Estimate Revision • Jun 11
Consensus EPS estimates fall by 64%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$67.5m to US$68.3m. EPS estimate fell from US$0.24 to US$0.087 per share. Net income forecast to grow 73% next year vs 9.0% growth forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$16.60. Share price rose 2.8% to US$11.57 over the past week. Breakeven Date Change • May 23
Forecast to breakeven in 2026 The 5 analysts covering FrontView REIT expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 63% to 2025. The company is expected to make a profit of US$3.79m in 2026. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Reported Earnings • May 15
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: FFO per share: US$0.4. Revenue: US$16.2m (up 6.4% from 1Q 2024). Funds from operations (FFO): US$6.43m (up 55% from 1Q 2024). FFO margin: 40% (up from 27% in 1Q 2024). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Retail REITs industry in the US. Announcement • May 15
FrontView REIT, Inc. Declares Quarterly Dividend, Payable on or Before July 15, 2025 FrontView REIT, Inc. Declared quarterly dividend of $0.215 per share and OP unit to holders of record as of June 30, 2025, payable on or before July 15, 2025. Major Estimate Revision • May 07
Consensus EPS estimates fall by 59%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$70.7m to US$73.3m. Forecast EPS reduced from -US$0.043 to -US$0.068 per share. Retail REITs industry in the US expected to see average net income growth of 4.1% next year. Consensus price target down from US$17.40 to US$16.80. Share price fell 6.0% to US$11.69 over the past week. Breakeven Date Change • May 06
No longer forecast to breakeven The 4 analysts covering FrontView REIT no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$1.97m in 2026. New consensus forecast suggests the company will make a loss of US$345.5k in 2026. Major Estimate Revision • Apr 23
Consensus estimates of losses per share improve by 29% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$69.0m to US$70.7m. EPS estimate increased from -US$0.06 per share to -US$0.043 per share. Retail REITs industry in the US expected to see average net income growth of 7.9% next year. Consensus price target down from US$19.60 to US$17.40. Share price was steady at US$12.17 over the past week. Announcement • Apr 19
FrontView REIT, Inc., Annual General Meeting, May 27, 2025 FrontView REIT, Inc., Annual General Meeting, May 27, 2025. Announcement • Apr 16
FrontView REIT, Inc. to Report Q1, 2025 Results on May 14, 2025 FrontView REIT, Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025 Major Estimate Revision • Apr 15
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$72.6m to US$69.0m. Now expected to report a loss of US$0.06 per share instead of US$0.047 per share profit previously forecast. Retail REITs industry in the US expected to see average net income growth of 7.7% next year. Consensus price target down from US$20.80 to US$19.60. Share price rose 9.4% to US$12.08 over the past week. Breakeven Date Change • Apr 14
Forecast breakeven date pushed back to 2026 The 5 analysts covering FrontView REIT previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 63% to 2025. The company is expected to make a profit of US$1.97m in 2026. Average annual earnings growth of 123% is required to achieve expected profit on schedule. Recent Insider Transactions • Mar 25
Founder recently bought US$224k worth of stock On the 21st of March, Stephen Preston bought around 17k shares on-market at roughly US$13.51 per share. This transaction increased Stephen's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of US$341k worth in shares. Upcoming Dividend • Mar 24
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 31 March 2025. Payment date: 15 April 2025. Trailing yield: 6.4%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (5.0%). Reported Earnings • Mar 20
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: US$0.28 FFO loss per share. Revenue: US$59.9m (up 24% from FY 2023). Funds from operations (FFO) loss: US$4.55m (down 141% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 68%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Retail REITs industry in the US. Announcement • Mar 20
FrontView REIT, Inc. Declares Quarterly Dividend, Payable on or Before April 15, 2025 FrontView REIT, Inc. announced on March 18, 2025, the board of directors declared a quarterly dividend of $0.215 per common share and OP unit to holders of record as of March 31, 2025, payable on or before April 15, 2025. Major Estimate Revision • Jan 12
Consensus EPS estimates upgraded to US$0.60 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -US$0.80 to -US$0.597 per share. Revenue forecast steady at US$59.9m. Retail REITs industry in the US expected to see average net income growth of 0.1% next year. Consensus price target broadly unchanged at US$21.60. Share price fell 12% to US$15.75 over the past week. Announcement • Jan 10
FrontView REIT, Inc. to Report Q4, 2024 Results on Mar 19, 2025 FrontView REIT, Inc. announced that they will report Q4, 2024 results on Mar 19, 2025 Recent Insider Transactions • Nov 22
Founder recently bought US$117k worth of stock On the 21st of November, Stephen Preston bought around 6k shares on-market at roughly US$18.41 per share. This transaction increased Stephen's direct individual holding by 64x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of US$117k worth in shares. Reported Earnings • Nov 17
Third quarter 2024 earnings: Revenues miss analyst expectations Third quarter 2024 results: Revenue: US$14.5m (up 25% from 3Q 2023). Net loss: US$2.43m (loss narrowed 32% from 3Q 2023). Revenue missed analyst estimates by 1.8%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Retail REITs industry in the US. Announcement • Nov 14
FrontView REIT, , Inc. Declares Quarterly Dividend, Payable on or Before January 15, 2025 On November 12, 2024 meeting, FrontView REIT, Inc. board of directors declared a quarterly dividend of $0.215 per common share and OP unit to holders of record as of December 31, 2024, payable on or before January 15, 2025. Announcement • Oct 24
FrontView REIT, Inc. to Report Q3, 2024 Results on Nov 13, 2024 FrontView REIT, Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024 Reported Earnings • Oct 06
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: US$14.6m (up 28% from 2Q 2023). Net loss: US$2.19m (loss narrowed 15% from 2Q 2023). Announcement • Oct 03
FrontView REIT, Inc. has completed an IPO in the amount of $250.8 million. FrontView REIT, Inc. has completed an IPO in the amount of $250.8 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 13,200,000
Price\Range: $19
Discount Per Security: $1.2825
Security Features: Income Trust
Transaction Features: Reserved Share Offering Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Founder, Chairman of the Board, Co-CEO & Co-President Stephen Preston was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.