OUTFRONT Media (NYSE:OUT – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.
A number of other research analysts also recently commented on OUT. JPMorgan Chase & Co. initiated coverage on OUTFRONT Media in a research note on Wednesday, July 22nd. They issued an “overweight” rating and a $38.00 target price on the stock. Wells Fargo & Company raised their price target on OUTFRONT Media from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. TD Cowen reiterated a “buy” rating and set a $40.00 price target (up from $38.00) on shares of OUTFRONT Media in a report on Thursday, August 6th. Finally, Citigroup reiterated a “buy” rating on shares of OUTFRONT Media in a report on Tuesday, September 8th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $34.00.
OUTFRONT Media Stock Performance
OUT stock opened at $30.73 on Friday. The firm has a 50 day simple moving average of $29.67 and a 200 day simple moving average of $29.70. OUTFRONT Media has a 52 week low of $18.14 and a 52 week high of $34.96. The stock has a market cap of $5.41 billion, a P/E ratio of 20.91 and a beta of 1.56. The company has a debt-to-equity ratio of 3.44, a quick ratio of 0.67 and a current ratio of 0.72.
OUTFRONT Media (NYSE:OUT – Get Free Report) last released its quarterly earnings data 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 net margin of 13.06% and a return on equity of 37.19%. The company had revenue of $511.10 million during the quarter, compared to analyst estimates of $509.74 million. Research analysts anticipate that OUTFRONT Media will post 2.18 earnings per share for the current fiscal year.
Insider Transactions at OUTFRONT Media
In related news, EVP Matthew Siegel sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $27.84, for a total value of $696,000.00. Following the completion of the sale, the executive vice president directly owned 264,925 shares in the company, valued at approximately $7,375,512. The trade was a 8.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Emilio Bonanni sold 3,385 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $29.82, for a total value of $100,940.70. Following the sale, the executive vice president directly owned 10,420 shares of the company’s stock, valued at $310,724.40. The trade was a 24.52% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.45% of the company’s stock.
Hedge Funds Weigh In On OUTFRONT Media
A number of institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of OUTFRONT Media by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,211,619 shares of the financial services provider’s stock valued at $58,603,000 after acquiring an additional 133,960 shares during the period. Asset Management One Co. Ltd. boosted its stake in shares of OUTFRONT Media by 16.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 248,324 shares of the financial services provider’s stock valued at $6,891,000 after purchasing an additional 35,431 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of OUTFRONT Media by 24.1% in the 1st quarter. California State Teachers Retirement System now owns 177,269 shares of the financial services provider’s stock valued at $4,698,000 after purchasing an additional 34,403 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of OUTFRONT Media by 102.1% in the 1st quarter. First Trust Advisors LP now owns 342,195 shares of the financial services provider’s stock worth $9,068,000 after purchasing an additional 172,879 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in shares of OUTFRONT Media by 199.5% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 109,420 shares of the financial services provider’s stock worth $2,900,000 after purchasing an additional 72,891 shares during the last quarter.
Key OUTFRONT Media News
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
About OUTFRONT Media
OUTFRONT Media Inc is an out-of-home advertising company that sells advertising space on billboards, transit displays and other outdoor media. Its portfolio includes traditional and digital formats, helping advertisers reach audiences in public spaces and while traveling.
The company operates primarily in the United States and Canada. Its offerings include large-format roadside advertising as well as displays on buses, rail systems and other transit properties.
OUTFRONT Media traces its history to CBS Outdoor Americas, which became an independent public company in 2014 and adopted the OUTFRONT Media name.
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