FrontView REIT met earnings expectations, raised 2026 guidance, and launched a major share buyback, but shares dipped on negative returns and a hold consensus.

FrontView REIT (FVR) reported Q4 earnings of $0.31 per share, meeting expectations, and raised its 2026 full-year guidance to $1.27–$1.32 per share, well above the prior consensus. The company posted a negative return on equity of 4.25% and a net margin of -32.21%. Shares fell $0.13 to $16.34 on below-average volume. The REIT initiated a buyback program allowing repurchases of up to 23.6% of its shares. Analysts offered mixed ratings, with Wells Fargo upgrading to “overweight” and JonesTrading assigning a “buy” rating, while Morgan Stanley maintained “equal weight.” The consensus rating is “Hold” with a target of $15.80.