Q3 EPS Estimates for OUTFRONT Media Cut by Zacks Research

Key Points

• Zacks Research lowered its Q3 2026 EPS estimate for OUTFRONT Media to $0.55 from $0.56, while projecting full-year 2026 EPS of $2.17. The current analyst consensus for the year is $2.18 per share.
• OUTFRONT Media recently reported Q2 EPS of $0.68, surpassing the $0.38 consensus estimate, with revenue rising 13.5% year over year to $522.5 million.
• The company increased its quarterly dividend to $0.33 per share, implying an annualized dividend of $1.32 and a 4.5% yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $34.

OUTFRONT Media Inc. (NYSE:OUT - Free Report) - Zacks Research dropped their Q3 2026 earnings per share estimates for shares of OUTFRONT Media in a research report issued to clients and investors on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $0.55 per share for the quarter, down from their prior estimate of $0.56. The consensus estimate for OUTFRONT Media's current full-year earnings is $2.18 per share. Zacks Research also issued estimates for OUTFRONT Media's Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.17 EPS, Q2 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.69 EPS, Q1 2028 earnings at $0.36 EPS and FY2028 earnings at $2.30 EPS.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of OUTFRONT Media from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 26th. Barrington Research set a $38.00 target price on shares of OUTFRONT Media in a research note on Tuesday, May 12th. Morgan Stanley set a $37.00 target price on shares of OUTFRONT Media in a report on Friday, May 8th. Wells Fargo & Company lifted their price target on shares of OUTFRONT Media from $35.00 to $38.00 and gave the stock an "overweight" rating in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a $38.00 price target on shares of OUTFRONT Media in a report on Wednesday, July 22nd. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.00.

OUTFRONT Media Price Performance

Shares of NYSE OUT opened at $29.60 on Monday. OUTFRONT Media has a twelve month low of $16.97 and a twelve month high of $34.96. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 3.50. The firm has a 50-day moving average of $31.73 and a two-hundred day moving average of $30.15. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 21.30 and a beta of 1.49.

OUTFRONT Media (NYSE:OUT - Get Free Report) last announced its earnings results on Wednesday, August 5th. The financial services provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.30. OUTFRONT Media had a return on equity of 37.44% and a net margin of 12.66%.The business had revenue of $522.50 million during the quarter, compared to analysts' expectations of $509.61 million. During the same quarter last year, the business posted $0.51 earnings per share. The company's quarterly revenue was up 13.5% on a year-over-year basis.

Hedge Funds Weigh In On OUTFRONT Media

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of OUTFRONT Media by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,211,619 shares of the financial services provider's stock valued at $58,603,000 after purchasing an additional 133,960 shares during the period. Vanguard Group Inc. boosted its holdings in shares of OUTFRONT Media by 5.3% during the fourth quarter. Vanguard Group Inc. now owns 22,654,899 shares of the financial services provider's stock worth $545,983,000 after purchasing an additional 1,131,954 shares during the period. Intech Investment Management LLC boosted its holdings in shares of OUTFRONT Media by 116.6% during the fourth quarter. Intech Investment Management LLC now owns 269,557 shares of the financial services provider's stock worth $6,496,000 after purchasing an additional 145,115 shares during the period. Gabelli Funds LLC grew its position in OUTFRONT Media by 30.3% during the fourth quarter. Gabelli Funds LLC now owns 333,440 shares of the financial services provider's stock valued at $8,036,000 after purchasing an additional 77,545 shares in the last quarter. Finally, Waterloo Capital L.P. grew its position in OUTFRONT Media by 199.5% during the fourth quarter. Waterloo Capital L.P. now owns 108,263 shares of the financial services provider's stock valued at $2,609,000 after purchasing an additional 72,117 shares in the last quarter.

Insider Activity

In other news, EVP James Michael Norton acquired 4,130 shares of OUTFRONT Media stock in a transaction on Thursday, June 11th. The stock was bought at an average cost of $30.81 per share, with a total value of $127,245.30. Following the completion of the purchase, the executive vice president owned 4,130 shares of the company's stock, valued at $127,245.30. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Richard H. Sauer sold 5,000 shares of the firm's stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $32.08, for a total transaction of $160,400.00. Following the completion of the transaction, the executive vice president owned 56,947 shares of the company's stock, valued at approximately $1,826,859.76. The trade was a 8.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 20,000 shares of company stock worth $629,600. Corporate insiders own 0.45% of the company's stock.

OUTFRONT Media Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.32 dividend on an annualized basis and a yield of 4.5%. This is an increase from OUTFRONT Media's previous quarterly dividend of $0.30. OUTFRONT Media's dividend payout ratio (DPR) is 86.33%.

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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