The strong AFFO beat and guidance raise should drive positive price action. Watch for conference call (May 7) for pipeline details and capital deployment updates. The 5.3x leverage and ample liquidity support further accretive acquisitions.
Price Chart
Executive Summary
FrontView REIT reported strong Q1 2026 results, with AFFO per share of $0.34 beating consensus of $0.30 by 13% and revenue of $18.2M exceeding estimates of $17.3M. The company raised its full-year 2026 AFFO guidance to $1.29-$1.33 from $1.27-$1.32, signaling confidence in continued growth. Leverage improved to 5.3x Net Debt/Adjusted EBITDAre.
Key Financial Metrics
Key Facts
- Q1 2026 AFFO per share $0.34 vs consensus $0.30 (beat by 13.3%)
- Revenue $18.2M vs consensus $17.3M (beat by 5.1%), up 12% YoY
- Full-year 2026 AFFO guidance raised to $1.29-$1.33 (midpoint $1.31 vs prior $1.295)
- Net income turned positive at $0.4M vs -$1.3M in Q1 2025
- Net Debt/Annualized Adjusted EBITDAre improved to 5.3x from 5.6x in Q4 2025
- Acquired 10 properties for $33.9M, sold 5 for $9.7M; total liquidity $195M
Financial Impact
AFFO per share beat by $0.04 (13.3%) vs consensus; revenue beat by $0.9M (5.1%)
Risk Factors
- Rising interest rates could pressure cap rates and property valuations
- Tenant concentration: top 10 tenants represent 23.0% of ABR
- Guidance assumes execution on $100M net investment activity; any delays could temper growth
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-208927 |
| Document: fvr-ex99_2.htm | 0001193125-26-208927 |
| Document: fvr-20260506.htm | 0001193125-26-208927 |
| Document: 0001193125-26-208927-index-headers.html | 0001193125-26-208927 |
| Document: 0001193125-26-208927-index.html | 0001193125-26-208927 |
| Document: 0001193125-26-208927.txt | 0001193125-26-208927 |
| 8-K Data (Synthetic) | 0001193125-26-208927 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $17.40 | awaiting T+60 | — | $17.59 (+1.09%) |
Oct 16, 2026 10d ago | SC 13D/A | $16.76 | awaiting T+60 | — | $17.59 (+4.95%) |
Oct 1, 2026 26d ago | 8-K | $16.35 | awaiting T+60 | — | $17.59 (+7.58%) |
Sep 30, 2026 26d ago | 8-K | $16.35 | awaiting T+60 | — | $17.59 (+7.58%) |
Sep 14, 2026 6w ago | 8-K | $18.24 | awaiting T+60 | — | $17.59 (−3.57%) |
Aug 6, 2026 11w ago | 8-K | $19.54 | awaiting T+60 | — | $17.59 (−9.98%) |
Jul 1, 2026 16w ago | 8-K | $20.49 $18.22 | ▼ −11.08% | ▼ −14.04% | $17.59 (−14.16%) |
Jun 19, 2026 18w ago | Institutional Cluster | $19.71 $18.21 | ▼ −7.61% | ▼ −9.36% | $17.59 (−10.76%) |
Jun 11, 2026 19w ago | Institutional Cluster | $19.57 $19.08 | ▼ −2.50% | ▼ −6.90% | $17.59 (−10.12%) |
Jun 1, 2026 21w ago | 3 | $18.25 $19.63 | ▲ +7.56% | ▲ +6.44% | $17.59 (−3.62%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers