Zacks Research Forecasts OUTFRONT Media FY2027 Earnings

OUTFRONT Media Inc. (NYSE:OUT) – Research analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of OUTFRONT Media in a note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department expects that the financial services provider will earn $1.82 per share for the year. The consensus estimate for OUTFRONT Media’s current full-year earnings is $1.59 per share.

Separately, Morgan Stanley raised their target price on OUTFRONT Media from $17.43 to $18.45 and gave the stock an “equal weight” rating in a research report on Wednesday, December 18th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $19.48.

OUTFRONT Media Price Performance

OUTFRONT Media stock opened at $16.47 on Thursday. The company has a debt-to-equity ratio of 4.00, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $2.75 billion, a PE ratio of 11.74, a price-to-earnings-growth ratio of 1.06 and a beta of 2.00. OUTFRONT Media has a one year low of $13.15 and a one year high of $19.98. The business has a 50 day simple moving average of $18.12 and a 200 day simple moving average of $18.46.

OUTFRONT Media (NYSE:OUT) last announced its quarterly earnings data on Tuesday, February 25th. The financial services provider reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. OUTFRONT Media had a return on equity of 40.33% and a net margin of 13.30%. The company had revenue of $493.20 million during the quarter, compared to the consensus estimate of $490.42 million.

OUTFRONT Media Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, March 7th. This represents a $1.20 dividend on an annualized basis and a yield of 7.28%. OUTFRONT Media’s dividend payout ratio is 81.63%.

Institutional Investors Weigh In On OUTFRONT Media

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in OUTFRONT Media by 1.9% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,005 shares of the financial services provider’s stock valued at $532,000 after purchasing an additional 558 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its holdings in OUTFRONT Media by 5.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 11,237 shares of the financial services provider’s stock valued at $199,000 after purchasing an additional 596 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of OUTFRONT Media by 19.3% in the 4th quarter. GAMMA Investing LLC now owns 3,796 shares of the financial services provider’s stock valued at $67,000 after buying an additional 613 shares during the period. Public Employees Retirement Association of Colorado increased its stake in shares of OUTFRONT Media by 4.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 15,993 shares of the financial services provider’s stock valued at $284,000 after buying an additional 629 shares during the period. Finally, Moody National Bank Trust Division increased its stake in shares of OUTFRONT Media by 4.0% in the 4th quarter. Moody National Bank Trust Division now owns 18,028 shares of the financial services provider’s stock valued at $320,000 after buying an additional 698 shares during the period.

About OUTFRONT Media

OUTFRONT Media, Inc leases advertising space on out-of-home advertising structures and sites. Its inventory consists of billboard displays, which are primarily located on the most heavily traveled highways & roadways, and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the U.S.