earnings
confidence high
sentiment neutral
materiality 0.75
FrontView REIT Q4 net loss $21.5M, AFFO $0.33/share; initiates 2025 AFFO guidance $1.20-$1.26
FrontView REIT, Inc.
- Net loss of $21.5M ($0.78/share) in Q4; full year net loss $31.2M.
- Q4 AFFO of $9.1M ($0.33/share); full year AFFO $23.5M ($1.09/share).
- Acquired 29 properties for $103.4M at 7.9% cap rate in Q4; subsequent $37.9M acquisitions at 7.8%.
- Declared Q1 2025 dividend of $0.215/share; payable April 15, 2025.
- 2025 AFFO per share guidance $1.20-$1.26; acquisition target $175M-$200M.