Shares of OUTFRONT Media Inc. (NYSE:OUT – Get Free Report) have earned a consensus recommendation of “Buy” from the six brokerages that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have issued a report on the stock in the last year is $24.5714.
A number of equities analysts have recently weighed in on OUT shares. JPMorgan Chase & Co. raised OUTFRONT Media from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $19.00 to $25.00 in a research report on Wednesday, November 12th. New Street Research set a $24.00 price objective on shares of OUTFRONT Media in a report on Tuesday, November 11th. Citigroup reaffirmed a “buy” rating and issued a $23.00 price objective (up from $20.00) on shares of OUTFRONT Media in a research note on Wednesday, November 12th. Wells Fargo & Company reiterated an “overweight” rating and set a $27.00 price objective (up from $23.00) on shares of OUTFRONT Media in a report on Thursday, December 18th. Finally, Wall Street Zen upgraded shares of OUTFRONT Media from a “hold” rating to a “buy” rating in a report on Saturday, November 15th.
Read Our Latest Research Report on OUTFRONT Media
OUTFRONT Media Price Performance
OUTFRONT Media (NYSE:OUT – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The financial services provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.21). The firm had revenue of $467.50 million for the quarter, compared to analyst estimates of $458.32 million. OUTFRONT Media had a return on equity of 21.56% and a net margin of 6.86%.The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the company posted $0.19 earnings per share. Equities research analysts expect that OUTFRONT Media will post 1.59 EPS for the current fiscal year.
OUTFRONT Media Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 5th were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. OUTFRONT Media’s dividend payout ratio is 176.47%.
OUTFRONT Media News Roundup
Here are the key news stories impacting OUTFRONT Media this week:
- Positive Sentiment: Zacks Research nudged several quarterly EPS estimates higher (small upgrades to Q4/Q2/Q3 windows), which supports near-term earnings momentum and underpins the consensus full‑year view near $1.59. Upward revisions can help sentiment and analyst price targets. Read More.
- Positive Sentiment: Multiple sell‑side firms have raised ratings and price targets over recent months (e.g., Morgan Stanley, Wells Fargo, JPMorgan upgrades noted in the coverage), reinforcing a bullish narrative from analysts about OUT’s OOH advertising exposure and recovery potential. Read More.
- Neutral Sentiment: Market positioning: several institutional investors added or adjusted stakes during the quarter, showing steady institutional interest but not a clear directional catalyst on its own. Read More.
- Negative Sentiment: An insider transaction: Director Manuel Diaz sold 11,271 shares at about $24.49 (roughly $276k), reducing his holding ~19%. Insider sales can be interpreted negatively by some investors as a liquidity signal. Read More.
- Negative Sentiment: Recent performance and fundamentals remain mixed — the last quarterly report showed a revenue beat but a significant EPS miss, the company carries a high debt load (D/E ~4.75) and the dividend payout ratio is elevated — factors that increase sensitivity to advertising cyclicality and rate/credit concerns. Read More.
- Negative Sentiment: News headline risk: a recent Yahoo Finance piece highlighted the company’s strong one‑year gain followed by a “cut loose” development (headline may refer to an executive/operational change or governance move). That kind of story can amplify volatility and investor caution until details are clarified. Read More.
Insider Activity
In related news, Director Manuel A. Diaz sold 11,271 shares of OUTFRONT Media stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $24.49, for a total transaction of $276,026.79. Following the transaction, the director owned 47,515 shares of the company’s stock, valued at $1,163,642.35. The trade was a 19.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.47% of the stock is currently owned by insiders.
Hedge Funds Weigh In On OUTFRONT Media
Several institutional investors have recently modified their holdings of OUT. AQR Capital Management LLC lifted its holdings in OUTFRONT Media by 9.3% during the first quarter. AQR Capital Management LLC now owns 130,411 shares of the financial services provider’s stock worth $2,105,000 after acquiring an additional 11,073 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of OUTFRONT Media by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,971 shares of the financial services provider’s stock valued at $1,388,000 after purchasing an additional 1,739 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of OUTFRONT Media by 9.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,980,994 shares of the financial services provider’s stock worth $80,393,000 after purchasing an additional 448,993 shares during the period. Empowered Funds LLC boosted its holdings in shares of OUTFRONT Media by 12.4% in the 1st quarter. Empowered Funds LLC now owns 21,399 shares of the financial services provider’s stock worth $345,000 after buying an additional 2,357 shares during the last quarter. Finally, Woodline Partners LP boosted its holdings in shares of OUTFRONT Media by 45.6% in the 1st quarter. Woodline Partners LP now owns 36,888 shares of the financial services provider’s stock worth $595,000 after buying an additional 11,559 shares during the last quarter.
About OUTFRONT Media
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.
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