Zacks Research Predicts OUTFRONT Media FY2027 Earnings

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

OUTFRONT Media (NYSE:OUT - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.06. The business had revenue of $493.20 million for the quarter, compared to analyst estimates of $490.42 million. OUTFRONT Media had a net margin of 13.30% and a return on equity of 40.33%.

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

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OUTFRONT Media Stock Performance

NYSE OUT traded up $0.46 on Thursday, hitting $16.71. 1,075,605 shares of the company's stock were exchanged, compared to its average volume of 1,485,724. The company has a debt-to-equity ratio of 4.00, a current ratio of 0.65 and a quick ratio of 0.65. OUTFRONT Media has a fifty-two week low of $13.15 and a fifty-two week high of $19.98. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 1.06 and a beta of 2.00. The firm's 50-day moving average price is $18.05 and its two-hundred day moving average price is $18.45.

Institutional Trading of OUTFRONT Media

Several large investors have recently bought and sold shares of OUT. Wellington Management Group LLP boosted its position in shares of OUTFRONT Media by 9.1% in the 4th quarter. Wellington Management Group LLP now owns 4,115,268 shares of the financial services provider's stock worth $73,005,000 after buying an additional 342,413 shares in the last quarter. California State Teachers Retirement System grew its position in shares of OUTFRONT Media by 2.9% in the fourth quarter. California State Teachers Retirement System now owns 130,340 shares of the financial services provider's stock valued at $2,312,000 after purchasing an additional 3,690 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of OUTFRONT Media during the 4th quarter worth approximately $365,000. Jefferies Financial Group Inc. purchased a new position in shares of OUTFRONT Media during the 4th quarter worth approximately $608,000. Finally, Polar Asset Management Partners Inc. raised its position in shares of OUTFRONT Media by 247.7% during the 4th quarter. Polar Asset Management Partners Inc. now owns 677,930 shares of the financial services provider's stock worth $12,026,000 after purchasing an additional 482,930 shares during the last quarter.

OUTFRONT Media Cuts Dividend

The company also recently disclosed 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 of this dividend is Friday, March 7th. This represents a $1.20 annualized dividend and a yield of 7.18%. OUTFRONT Media's dividend payout ratio is presently 81.63%.

OUTFRONT Media Company Profile

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.