Outfront Media (OUT) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Outfront Media in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OUT shares.
View OUT analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month target prices for Outfront Media's stock. Their OUT share price forecasts range from $20.00 to $25.00. On average, they anticipate the company's stock price to reach $22.75 in the next twelve months. This suggests a possible upside of 54.7% from the stock's current price.
View analysts price targets for OUT or view top-rated stocks among Wall Street analysts.

Outfront Media's stock was trading at $16.58 at the beginning of 2023. Since then, OUT shares have decreased by 11.3% and is now trading at $14.71.
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Outfront Media saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 7,650,000 shares, a drop of 15.1% from the April 15th total of 9,010,000 shares. Based on an average daily trading volume, of 1,870,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 5.4% of the shares of the company are short sold.
View Outfront Media's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our OUT earnings forecast.

Outfront Media Inc. (NYSE:OUT) issued its quarterly earnings results on Wednesday, February, 22nd. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.30. The financial services provider earned $494.70 million during the quarter, compared to the consensus estimate of $495.37 million. Outfront Media had a trailing twelve-month return on equity of 9.92% and a net margin of 6.64%. The company's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share.

Outfront Media announced a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Friday, June 2nd will be given a dividend of $0.30 per share on Friday, June 30th. This represents a $1.20 annualized dividend and a yield of 8.16%. The ex-dividend date is Thursday, June 1st.
Read our dividend analysis for OUT.

ETFs with the largest weight of Outfront Media (NYSE:OUT) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ALPS REIT Dividend Dogs ETF (RDOG), Hoya Capital High Dividend Yield ETF (RIET), Invesco S&P SmallCap Financials ETF (PSCF), Invesco Active U.S. Real Estate ETF (PSR), iShares S&P Small-Cap 600 Value ETF (IJS) and SPDR S&P 600 Small CapValue ETF (SLYV).

Outfront Media (NYSE:OUT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.38%. OUT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 181.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, OUT will have a dividend payout ratio of 64.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OUT.

51 employees have rated Outfront Media Chief Executive Officer Jeremy J. Male on Glassdoor.com. Jeremy J. Male has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Outfront Media investors own include Clear Channel Outdoor (CCO), Energy Transfer (ET), AT&T (T), Omega Healthcare Investors (OHI), AGNC Investment (AGNC), Kinder Morgan (KMI), Cisco Systems (CSCO), Enterprise Products Partners (EPD), New Residential Investment (NRZ) and Lamar Advertising (LAMR).

Outfront Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "OUT."

Outfront Media's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.52%), JPMorgan Chase & Co. (3.59%), State Street Corp (3.32%), Macquarie Group Ltd. (3.09%), Hawk Ridge Capital Management LP (2.64%) and FMR LLC (2.19%). Insiders that own company stock include Jeremy J Male, Peter Mathes and Richard H Sauer.
View institutional ownership trends.

Shares of OUT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OUT stock can currently be purchased for approximately $14.71.

Outfront Media (NYSE:OUT) has a market capitalization of $2.43 billion and generates $1.77 billion in revenue each year. The financial services provider earns $147.90 million in net income (profit) each year or $0.66 on an earnings per share basis.

The company employs 2,375 workers across the globe.

Outfront Media's mailing address is 405 Lexington Avenue 17th Floor, New York NY, 10174. The official website for the company is www.outfrontmedia.com. The financial services provider can be reached via phone at (212) 297-6400 or via email at greg.lundberg@cbsoutdoor.com.