OUTFRONT Media (NYSE:OUT) Stock Gets Downgrade from Wall Street Zen

Key Points

• Wall Street Zen downgraded OUTFRONT Media from “Buy” to “Hold.” Despite that move, analysts overall maintain a “Moderate Buy” consensus, with a $34 average price target.
• Quarterly revenue increased more than 9% year over year to $511.1 million, slightly topping estimates, but EPS of $0.36 missed the $0.39 consensus.
• OUTFRONT declared a quarterly dividend of $0.33 per share, equivalent to $1.32 annually and an approximately 4.1% yield.

OUTFRONT Media (NYSE:OUT - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently weighed in on OUT. TD Cowen reaffirmed a "buy" rating and set a $40.00 price objective (up from $38.00) on shares of OUTFRONT Media in a research report on Thursday, August 6th. Wells Fargo & Company increased their price target on shares of OUTFRONT Media from $35.00 to $38.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. JPMorgan Chase & Co. started coverage on OUTFRONT Media in a report on Wednesday, July 22nd. They set an "overweight" rating and a $38.00 price target on the stock. Finally, Citigroup reaffirmed a "buy" rating on shares of OUTFRONT Media in a research report on Tuesday, September 8th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $34.00.

OUTFRONT Media Stock Down 4.0%

Shares of OUTFRONT Media stock opened at $30.73 on Friday. The company has a market capitalization of $5.41 billion, a PE ratio of 13.86 and a beta of 1.56. The business has a 50-day moving average of $29.67 and a 200-day moving average of $29.70. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.67 and a quick ratio of 0.67. OUTFRONT Media has a 1-year low of $18.14 and a 1-year high of $34.96.

OUTFRONT Media (NYSE:OUT - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The financial services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.03). OUTFRONT Media had a net margin of 12.66% and a return on equity of 37.44%. The business had revenue of $511.10 million for the quarter, compared to analyst estimates of $509.74 million. As a group, equities analysts forecast that OUTFRONT Media will post 2.18 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Mark Emilio Bonanni sold 3,385 shares of the business's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $29.82, for a total transaction of $100,940.70. Following the sale, the executive vice president owned 10,420 shares in the company, valued at $310,724.40. The trade was a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matthew Siegel sold 25,000 shares of the company's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $27.84, for a total transaction of $696,000.00. Following the transaction, the executive vice president directly owned 264,925 shares of the company's stock, valued at $7,375,512. This represents a 8.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OUT. Bank of New York Mellon Corp acquired a new stake in OUTFRONT Media during the second quarter worth approximately $56,839,000. Braun Stacey Associates Inc. bought a new stake in shares of OUTFRONT Media in the 2nd quarter worth $18,702,000. Renaissance Technologies LLC boosted its stake in shares of OUTFRONT Media by 615.1% in the 1st quarter. Renaissance Technologies LLC now owns 285,667 shares of the financial services provider's stock worth $7,570,000 after buying an additional 245,721 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in OUTFRONT Media by 13.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,698,183 shares of the financial services provider's stock worth $47,125,000 after acquiring an additional 201,590 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in OUTFRONT Media during the second quarter valued at $5,979,000.

Key Stories Impacting OUTFRONT Media

Here are the key news stories impacting OUTFRONT Media this week:

• Positive Sentiment: Revenue rose more than 9% year over year to $511.1 million, slightly exceeding analysts’ $509.74 million estimate. The company also reported adjusted OIBDA of $145.3 million and AFFO of $102.9 million. OUTFRONT Media Q3 2026 results
• Positive Sentiment: OUTFRONT declared a quarterly dividend of $0.33 per share, payable December 31. That equals $1.32 annualized, or a roughly 4.1% yield based on the cited report. Quarterly dividend announcement
• Negative Sentiment: Quarterly EPS of $0.36 missed the $0.39 consensus, while FFO of $0.58 per share also came in below the $0.59 estimate. These earnings-related shortfalls could overshadow the revenue growth. Q3 FFO estimate comparison

About OUTFRONT Media

OUTFRONT Media Inc NYSE: OUT is an out-of-home media company that provides advertising services through a portfolio of billboard, transit and other outdoor advertising assets. The company helps advertisers reach consumers in high-traffic locations, including roads, urban centers, public transportation systems and other public spaces.

Its offerings include traditional printed billboards, digital billboards, transit displays and place-based media. OUTFRONT also provides related services such as media planning, creative support, audience analytics and technology-enabled advertising solutions, including digital and programmatic buying capabilities.

OUTFRONT primarily serves advertisers across the United States and Canada.

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