OUTFRONT Media (OUT) Scheduled to Post Earnings on Tuesday

OUTFRONT Media (NYSE:OUT) is set to issue its quarterly earnings data after the market closes on Tuesday, November 5th. Analysts expect OUTFRONT Media to post earnings of $0.39 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

OUTFRONT Media (NYSE:OUT) last announced its earnings results on Tuesday, August 6th. The financial services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.41 by $0.60. OUTFRONT Media had a net margin of 12.32% and a return on equity of 37.83%. The business had revenue of $477.30 million during the quarter, compared to analysts’ expectations of $482.27 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The firm’s revenue was up 1.8% on a year-over-year basis. On average, analysts expect OUTFRONT Media to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OUTFRONT Media Trading Up 0.1 %

Shares of NYSE:OUT opened at $17.77 on Friday. The company’s 50-day moving average price is $17.84 and its two-hundred day moving average price is $15.93. OUTFRONT Media has a one year low of $10.13 and a one year high of $19.33. The company has a debt-to-equity ratio of 3.71, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $2.95 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.19 and a beta of 1.94.

OUTFRONT Media Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 6th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, September 6th. This represents a $1.20 annualized dividend and a yield of 6.75%. OUTFRONT Media’s payout ratio is presently 94.49%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on OUT shares. Barrington Research boosted their price target on OUTFRONT Media from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 13th. StockNews.com downgraded shares of OUTFRONT Media from a “buy” rating to a “hold” rating in a report on Monday, October 28th. Wolfe Research cut shares of OUTFRONT Media from an “outperform” rating to a “peer perform” rating in a research note on Thursday, October 24th. TD Cowen assumed coverage on shares of OUTFRONT Media in a research report on Tuesday, July 16th. They issued a “hold” rating and a $16.00 price objective for the company. Finally, JPMorgan Chase & Co. upped their target price on shares of OUTFRONT Media from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Wednesday, July 31st. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $18.50.

OUTFRONT Media Company Profile

OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.