Wall Street Zen downgraded shares of OUTFRONT Media (NYSE:OUT – Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.
Several other equities analysts have also recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of OUTFRONT Media in a research report on Wednesday, July 22nd. They set an “overweight” rating and a $38.00 target price on the stock. Wells Fargo & Company upped their target price on OUTFRONT Media from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Citigroup reaffirmed a “buy” rating on shares of OUTFRONT Media in a report on Tuesday, September 8th. Finally, TD Cowen reaffirmed a “buy” rating and set a $40.00 price target (up from $38.00) on shares of OUTFRONT Media in a research report on Thursday, August 6th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, OUTFRONT Media has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.
Check Out Our Latest Stock Report on OUTFRONT Media
OUTFRONT Media Stock Performance
Shares of OUT stock opened at $30.73 on Friday. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a 50-day moving average of $29.67 and a 200-day moving average of $29.70. OUTFRONT Media has a one year low of $18.14 and a one year high of $34.96. The company has a market cap of $5.41 billion, a P/E ratio of 20.91 and a beta of 1.56.
OUTFRONT Media (NYSE:OUT – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The financial services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.03). OUTFRONT Media had a return on equity of 37.42% and a net margin of 13.06%. The firm had revenue of $511.10 million for the quarter, compared to analysts’ expectations of $509.74 million. Equities research analysts forecast that OUTFRONT Media will post 2.18 EPS for the current fiscal year.
OUTFRONT Media Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 4th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, December 4th. OUTFRONT Media’s dividend payout ratio (DPR) is 89.80%.
Insider Activity
In other news, EVP Matthew Siegel sold 25,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $27.84, for a total transaction of $696,000.00. Following the completion of the transaction, the executive vice president directly owned 264,925 shares of the company’s stock, valued at $7,375,512. This represents a 8.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Emilio Bonanni sold 3,385 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $29.82, for a total transaction of $100,940.70. Following the transaction, the executive vice president directly owned 10,420 shares of the company’s stock, valued at $310,724.40. This represents a 24.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.45% of the company’s stock.
Hedge Funds Weigh In On OUTFRONT Media
Institutional investors have recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in OUTFRONT Media in the second quarter worth $34,000. EverSource Wealth Advisors LLC raised its stake in shares of OUTFRONT Media by 74.2% in the first quarter. EverSource Wealth Advisors LLC now owns 1,610 shares of the financial services provider’s stock valued at $43,000 after buying an additional 686 shares during the period. TOP Private Wealth LLC. purchased a new position in shares of OUTFRONT Media during the 2nd quarter valued at $72,000. Nykredit A S purchased a new position in shares of OUTFRONT Media during the 2nd quarter valued at $84,000. Finally, CENTRAL TRUST Co lifted its position in shares of OUTFRONT Media by 164.9% during the 3rd quarter. CENTRAL TRUST Co now owns 2,752 shares of the financial services provider’s stock valued at $76,000 after buying an additional 1,713 shares during the last quarter.
OUTFRONT Media News Roundup
Here are the key news stories impacting OUTFRONT Media this week:
- Positive Sentiment: Revenue rose more than 9% year over year to $511.1 million, slightly exceeding analysts’ $509.74 million estimate. The company also reported adjusted OIBDA of $145.3 million and AFFO of $102.9 million. OUTFRONT Media Q3 2026 results
- Positive Sentiment: OUTFRONT declared a quarterly dividend of $0.33 per share, payable December 31. That equals $1.32 annualized, or a roughly 4.1% yield based on the cited report. Quarterly dividend announcement
- Negative Sentiment: Quarterly EPS of $0.36 missed the $0.39 consensus, while FFO of $0.58 per share also came in below the $0.59 estimate. These earnings-related shortfalls could overshadow the revenue growth. Q3 FFO estimate comparison
OUTFRONT Media Company Profile
OUTFRONT Media Inc (NYSE: OUT) is an out-of-home media company that provides advertising services through a portfolio of billboard, transit and other outdoor advertising assets. The company helps advertisers reach consumers in high-traffic locations, including roads, urban centers, public transportation systems and other public spaces.
Its offerings include traditional printed billboards, digital billboards, transit displays and place-based media. OUTFRONT also provides related services such as media planning, creative support, audience analytics and technology-enabled advertising solutions, including digital and programmatic buying capabilities.
OUTFRONT primarily serves advertisers across the United States and Canada.
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