Brokerages Set OUTFRONT Media Inc. (NYSE:OUT) Target Price at $30.71

Shares of OUTFRONT Media Inc. (NYSE:OUT) have been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $30.7143.

Several research analysts recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of OUTFRONT Media from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. TD Cowen reaffirmed a “buy” rating and set a $38.00 price target (up from $32.00) on shares of OUTFRONT Media in a research note on Tuesday, May 12th. Morgan Stanley set a $37.00 price target on OUTFRONT Media in a report on Friday, May 8th. Wall Street Zen upgraded OUTFRONT Media from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, Zacks Research lowered OUTFRONT Media from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd.

OUTFRONT Media Stock Down 0.7%

Shares of NYSE:OUT opened at $31.25 on Thursday. OUTFRONT Media has a 12 month low of $15.45 and a 12 month high of $34.96. The company’s 50-day moving average price is $30.28 and its two-hundred day moving average price is $26.85. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 3.90. The firm has a market cap of $5.50 billion, a P/E ratio of 29.76, a P/E/G ratio of 1.49 and a beta of 1.49.

OUTFRONT Media (NYSE:OUT) last posted its quarterly earnings data on Thursday, May 7th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. OUTFRONT Media had a net margin of 9.98% and a return on equity of 30.36%. The firm had revenue of $429.60 million during the quarter, compared to analysts’ expectations of $431.44 million. During the same quarter in the previous year, the company posted $0.14 EPS. OUTFRONT Media’s revenue was up 10.0% on a year-over-year basis. As a group, research analysts forecast that OUTFRONT Media will post 2.12 EPS for the current fiscal year.

OUTFRONT Media Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, June 5th. OUTFRONT Media’s dividend payout ratio (DPR) is 114.29%.

Key Stories Impacting OUTFRONT Media

Here are the key news stories impacting OUTFRONT Media this week:

• Positive Sentiment: OUTFRONT Media announced the pricing of a $500 million senior unsecured notes offering at a 6.000% coupon, which may give the company added liquidity and flexibility to manage debt and fund corporate needs. OUTFRONT Media Announces Pricing of Senior Unsecured Notes Offering
• Positive Sentiment: Zacks Research raised some near-term and medium-term earnings estimates for OUTFRONT Media, including Q2 2026 and Q3 2026, signaling slightly better profit expectations in the coming quarters.
• Neutral Sentiment: Several outlook changes were mixed overall: Zacks also cut estimates for Q4 2026, Q1 2027, FY2027, and FY2028, suggesting the long-term earnings picture is still uneven. Zacks kept a Hold rating.
• Neutral Sentiment: Brokerage coverage summarized by market sources pointed to an average target price around $30.71, which is close to the current trading range and does not imply a major re-rating.
• Negative Sentiment: Despite a few estimate hikes, the multiple downward revisions to future EPS forecasts could weigh on sentiment, especially if investors are focused on longer-term growth and leverage concerns.

Insider Activity

In other news, EVP Matthew Siegel sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $25.79, for a total value of $1,289,500.00. Following the transaction, the executive vice president owned 289,925 shares of the company’s stock, valued at approximately $7,477,165.75. This trade represents a 14.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Manuel A. Diaz sold 11,271 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $26.93, for a total transaction of $303,528.03. Following the completion of the transaction, the director directly owned 36,244 shares in the company, valued at $976,050.92. This trade represents a 23.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.47% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Advisory Services Network LLC bought a new position in shares of OUTFRONT Media in the 3rd quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of OUTFRONT Media by 74.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,610 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 686 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of OUTFRONT Media by 157.6% in the 4th quarter. Farther Finance Advisors LLC now owns 2,339 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,431 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of OUTFRONT Media in the 4th quarter valued at about $71,000. Finally, IFP Advisors Inc boosted its stake in shares of OUTFRONT Media by 16.5% in the 3rd quarter. IFP Advisors Inc now owns 4,107 shares of the financial services provider’s stock valued at $78,000 after purchasing an additional 582 shares during the last quarter.

OUTFRONT Media Company Profile

OUTFRONT Media Inc is a leading out-of-home (OOH) advertising company offering a broad range of billboard, transit and digital display solutions across major urban markets in the United States and Canada. Its portfolio encompasses traditional static billboards, high-resolution digital signage, transit media on buses, trains and taxis, as well as street furniture placements such as bus shelters, kiosks and urban panels. The company partners with brand marketers to deliver high-impact campaigns that engage consumers outside the home environment.

Through an extensive network of assets in key metropolitan areas, OUTFRONT provides advertisers with premium visibility along highways, city streets and transit corridors.