OUTFRONT Media (OUT) Set to Announce Earnings on Thursday

OUTFRONT Media (NYSE:OUT) will announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

OUTFRONT Media Stock Performance

NYSE:OUT opened at $15.45 on Thursday. The firm has a market capitalization of $2.56 billion, a PE ratio of -5.79, a PEG ratio of 0.99 and a beta of 1.87. The stock’s fifty day moving average is $15.40 and its 200 day moving average is $13.42. OUTFRONT Media has a fifty-two week low of $8.18 and a fifty-two week high of $17.02. The company has a debt-to-equity ratio of 4.39, a quick ratio of 0.67 and a current ratio of 0.67.

OUTFRONT Media Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 1st were issued a $0.30 dividend. The ex-dividend date was Thursday, February 29th. This represents a $1.20 annualized dividend and a dividend yield of 7.77%. OUTFRONT Media’s payout ratio is -44.94%.

Wall Street Analyst Weigh In

OUT has been the subject of a number of recent analyst reports. TheStreet upgraded OUTFRONT Media from a “d+” rating to a “c-” rating in a report on Tuesday, March 5th. StockNews.com raised shares of OUTFRONT Media from a “sell” rating to a “hold” rating in a research note on Friday, February 23rd. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, OUTFRONT Media presently has an average rating of “Hold” and a consensus target price of $14.50.

About OUTFRONT Media

OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.