Zacks Research Predicts OUTFRONT Media FY2027 Earnings

OUTFRONT Media Inc. (NYSE:OUT) – Research analysts at Zacks Research issued their FY2027 earnings per share estimates for OUTFRONT Media in a report released on Tuesday, March 18th. Zacks Research analyst R. Department anticipates that the financial services provider will post earnings of $1.82 per share for the year. The consensus estimate for OUTFRONT Media’s current full-year earnings is $1.59 per share.

OUTFRONT Media (NYSE:OUT) last issued its quarterly earnings data on Tuesday, February 25th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.06. The firm had revenue of $493.20 million for the quarter, compared to analyst estimates of $490.42 million. OUTFRONT Media had a net margin of 13.30% and a return on equity of 40.33%.

Separately, Morgan Stanley lifted their target price on shares of OUTFRONT Media from $17.43 to $18.45 and gave the company an “equal weight” rating in a report on Wednesday, December 18th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $19.48.

OUTFRONT Media Price Performance

OUTFRONT Media stock opened at $16.26 on Thursday. The company’s 50 day simple moving average is $18.06 and its 200-day simple moving average is $18.43. The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.65 and a current ratio of 0.65. OUTFRONT Media has a 1 year low of $13.15 and a 1 year high of $19.98. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of 11.59, a price-to-earnings-growth ratio of 1.06 and a beta of 2.00.

OUTFRONT Media Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 7.38%. The ex-dividend date is Friday, March 7th. OUTFRONT Media’s payout ratio is currently 81.63%.

Institutional Investors Weigh In On OUTFRONT Media

Several large investors have recently added to or reduced their stakes in the business. Quest Partners LLC raised its stake in shares of OUTFRONT Media by 165.7% in the third quarter. Quest Partners LLC now owns 11,456 shares of the financial services provider’s stock valued at $211,000 after acquiring an additional 7,145 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in OUTFRONT Media in the 3rd quarter valued at about $5,762,000. Jennison Associates LLC acquired a new stake in OUTFRONT Media in the 3rd quarter valued at about $1,280,000. Intech Investment Management LLC acquired a new position in shares of OUTFRONT Media during the third quarter worth about $835,000. Finally, Algert Global LLC grew its position in shares of OUTFRONT Media by 2.0% during the third quarter. Algert Global LLC now owns 851,160 shares of the financial services provider’s stock worth $15,644,000 after buying an additional 16,630 shares in the last quarter.

OUTFRONT Media Company Profile

OUTFRONT Media, Inc leases advertising space on out-of-home advertising structures and sites. Its inventory consists of billboard displays, which are primarily located on the most heavily traveled highways & roadways, and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the U.S.