OUTFRONT Media Inc. (NYSE:OUT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• OUTFRONT has a consensus recommendation of Moderate Buy from seven brokerages (six buys, one hold) with a mean 12‑month price target of $27.86, and several analysts recently raised targets (e.g., Barrington to $33, TD Cowen to $32, Wells Fargo to $30, Morgan Stanley to $28).
• The company missed Q4 EPS expectations ($0.55 vs. $0.71) while revenue of $513.3M slightly topped estimates, and its balance sheet shows high leverage (debt‑to‑equity 3.63) with a PE of 33.35.
• OUTFRONT declared a quarterly dividend of $0.30 (annualized $1.20, yield 4.5%) but with a high payout ratio of 150%, and Director Manuel A. Diaz sold 11,271 shares, reducing his stake by about 19%.

OUTFRONT Media Inc. (NYSE:OUT - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the seven brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $27.8571.

Several analysts recently weighed in on OUT shares. Zacks Research lowered OUTFRONT Media from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 3rd. Barrington Research boosted their target price on OUTFRONT Media from $27.00 to $33.00 and gave the stock an "outperform" rating in a research note on Monday, March 2nd. Morgan Stanley raised shares of OUTFRONT Media from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $20.00 to $28.00 in a report on Tuesday, December 16th. Wells Fargo & Company raised their price target on shares of OUTFRONT Media from $27.00 to $30.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. Finally, TD Cowen lifted their price target on shares of OUTFRONT Media from $24.00 to $32.00 and gave the company a "buy" rating in a report on Thursday, February 26th.

Insider Buying and Selling at OUTFRONT Media

In other news, Director Manuel A. Diaz sold 11,271 shares of the company's stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $24.49, for a total transaction of $276,026.79. Following the completion of the transaction, the director directly owned 47,515 shares in the company, valued at approximately $1,163,642.35. This represents a 19.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.47% of the company's stock.

Institutional Investors Weigh In On OUTFRONT Media

Several hedge funds have recently modified their holdings of OUT. Corient Private Wealth LLC boosted its stake in shares of OUTFRONT Media by 5.4% during the fourth quarter. Corient Private Wealth LLC now owns 129,038 shares of the financial services provider's stock valued at $3,118,000 after purchasing an additional 6,583 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of OUTFRONT Media in the fourth quarter valued at approximately $4,109,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of OUTFRONT Media in the fourth quarter valued at approximately $220,000. Mackenzie Financial Corp bought a new position in OUTFRONT Media in the 4th quarter valued at approximately $1,865,000. Finally, NewEdge Advisors LLC raised its holdings in OUTFRONT Media by 12.8% in the 4th quarter. NewEdge Advisors LLC now owns 15,977 shares of the financial services provider's stock valued at $385,000 after buying an additional 1,808 shares during the last quarter.

OUTFRONT Media Stock Down 0.9%

NYSE OUT opened at $26.68 on Friday. The business has a fifty day moving average price of $25.90 and a two-hundred day moving average price of $22.26. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.92 and a quick ratio of 0.92. OUTFRONT Media has a fifty-two week low of $12.95 and a fifty-two week high of $29.27. The stock has a market capitalization of $4.70 billion, a PE ratio of 33.35, a PEG ratio of 1.33 and a beta of 1.51.

OUTFRONT Media (NYSE:OUT - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.16). OUTFRONT Media had a net margin of 8.03% and a return on equity of 24.86%. The business had revenue of $513.30 million during the quarter, compared to the consensus estimate of $511.61 million. Equities analysts expect that OUTFRONT Media will post 1.59 earnings per share for the current fiscal year.

OUTFRONT Media Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be given a $0.30 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. OUTFRONT Media's dividend payout ratio (DPR) is currently 150.00%.

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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