Outfront Media - OUT Stock Forecast, Price & News

4 Wall Street equities 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 equities research analysts is that investors should "buy" OUT shares.
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4 Wall Street analysts have issued 12-month price objectives for Outfront Media's stock. Their OUT share price forecasts range from $20.00 to $25.00. On average, they predict the company's share price to reach $22.75 in the next year. This suggests a possible upside of 45.4% 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 start of the year. Since then, OUT shares have decreased by 5.6% and is now trading at $15.65.
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Outfront Media saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 8,840,000 shares, an increase of 36.8% from the February 28th total of 6,460,000 shares. Based on an average trading volume of 1,580,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 6.3% of the shares of the company are sold short.
View Outfront Media's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our OUT earnings forecast.

Outfront Media Inc. (NYSE:OUT) posted its earnings results on Wednesday, February, 22nd. The financial services provider reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates 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 12.13% and a net margin of 8.35%. The business's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.65 EPS.

Outfront Media announced a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Friday, March 3rd will be given a dividend of $0.30 per share on Friday, March 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date is Thursday, March 2nd.
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), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and Invesco Zacks Multi-Asset Income ETF (CVY).

Outfront Media (NYSE:OUT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.06%. 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 148.15%. 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 61.22% 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 retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (3.59%), Macquarie Group Ltd. (3.11%), Norges Bank (2.45%), Geode Capital Management LLC (1.79%), Marshall Wace LLP (1.72%) and Amundi (1.68%). Insiders that own company stock include Jeremy J Male, Peter Mathes and Richard H Sauer.
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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 $15.65.

Outfront Media (NYSE:OUT) has a market capitalization of $2.58 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 $0.81 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.