OUTFRONT Media (OUT) Scheduled to Post Quarterly Earnings on Tuesday

OUTFRONT Media (NYSE:OUT - Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect OUTFRONT Media to post earnings of $0.39 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

OUTFRONT Media (NYSE:OUT - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.60. The business had revenue of $477.30 million for the quarter, compared to analyst estimates of $482.27 million. OUTFRONT Media had a return on equity of 37.83% and a net margin of 12.32%. The business's revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 EPS. On average, analysts expect OUTFRONT Media to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OUTFRONT Media Stock Performance

OUTFRONT Media stock traded up $0.19 during mid-day trading on Tuesday, reaching $18.65. The company's stock had a trading volume of 1,258,027 shares, compared to its average volume of 1,728,012. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 3.71. OUTFRONT Media has a twelve month low of $9.39 and a twelve month high of $19.33. The business has a 50 day moving average price of $17.69 and a 200-day moving average price of $15.87. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of -6.91, a PEG ratio of 1.20 and a beta of 1.94.

OUTFRONT Media Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 6th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.43%. The ex-dividend date was Friday, September 6th. OUTFRONT Media's dividend payout ratio (DPR) is presently -45.11%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Wolfe Research downgraded OUTFRONT Media from an "outperform" rating to a "peer perform" rating in a research note on Thursday, October 24th. Barrington Research upped their price objective on OUTFRONT Media from $17.00 to $18.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 13th. JPMorgan Chase & Co. raised their target price on OUTFRONT Media from $17.00 to $18.00 and gave the company a "neutral" rating in a research note on Wednesday, July 31st. StockNews.com lowered shares of OUTFRONT Media from a "buy" rating to a "hold" rating in a research report on Monday. Finally, Wells Fargo & Company started coverage on shares of OUTFRONT Media in a report on Thursday, September 19th. They issued an "overweight" rating and a $22.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $18.50.

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.