Earnings Releases·Nov 4, 2026, 4:17 PM ET

FrontView REIT — Third Quarter 2026 Earnings Summary

Revenue increased to $18.6 million for the quarter (up from $16.8 million year-over-year) and $54.8 million for the nine months (up from $50.6 million); FFO was $0.25 per share flat year-over-year, while AFFO rose to $0.33 per share (up from $0.32).
The company maintains full-year 2026 AFFO per share guidance of $1.32 to $1.34 and net investment activity guidance of approximately $120.0 million, with management expecting to meet or exceed investment targets.
Strategic activity included acquiring 16 properties for $50.6 million at a 7.56% cap rate and selling 5 properties for $17.1 million; the portfolio now comprises 327 properties with 99.4% occupancy.
Capital return was confirmed with a quarterly dividend of $0.215 per common share and OP unit authorized, representing a 64.7% AFFO payout ratio, alongside $32.7 million in proceeds from equity issuance during the quarter.
Management announced the promotion of Pierre Revol to President and reported a net debt to annualized adjusted EBITDAre ratio of 5.0x with total liquidity of $174.0 million.