Outfront Media - OUT Stock Forecast, Price & News

5 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 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OUT shares.
View OUT analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 1-year price objectives for Outfront Media's stock. Their OUT share price forecasts range from $20.00 to $34.00. On average, they anticipate the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 64.7% 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 the year. Since then, OUT shares have decreased by 8.4% and is now trading at $15.18.
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Outfront Media saw a decrease in short interest in February. As of February 28th, there was short interest totaling 6,460,000 shares, a decrease of 29.6% from the February 13th total of 9,170,000 shares. Based on an average daily volume of 1,500,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 4.6% of the company's shares are short sold.
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) announced its quarterly earnings data on Wednesday, February, 22nd. The financial services provider reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.30. The financial services provider had revenue of $494.70 million for 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 was up 6.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 earnings per share.

Outfront Media declared a quarterly dividend on Wednesday, February 22nd. Investors of record on Friday, March 3rd will be paid 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 7.91%. The ex-dividend date of this dividend 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), Invesco Zacks Multi-Asset Income ETF (CVY) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).

Outfront Media (NYSE:OUT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 7.64%. 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 shareholders 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.
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 $15.18.

Outfront Media (NYSE:OUT) has a market capitalization of $2.50 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.