Zacks Research Predicts Weaker Earnings for OUTFRONT Media

OUTFRONT Media Inc. (NYSE:OUTFree Report) – Research analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of OUTFRONT Media in a research report issued on Wednesday, August 26th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $0.55 for the quarter, down from their prior estimate of $0.56. The consensus estimate for OUTFRONT Media’s current full-year earnings is $2.18 per share. Zacks Research also issued estimates for OUTFRONT Media’s Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.17 EPS, Q2 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.69 EPS, Q1 2028 earnings at $0.36 EPS and FY2028 earnings at $2.30 EPS.

OUTFRONT Media (NYSE:OUTGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.30. The company had revenue of $522.50 million during the quarter, compared to analysts’ expectations of $509.61 million. OUTFRONT Media had a net margin of 12.66% and a return on equity of 37.44%. OUTFRONT Media’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.51 EPS.

Several other research firms have also recently commented on OUT. Morgan Stanley set a $37.00 price target on OUTFRONT Media in a report on Friday, May 8th. Wells Fargo & Company upped their target price on OUTFRONT Media from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. TD Cowen reaffirmed a “buy” rating and issued a $40.00 target price (up from $38.00) on shares of OUTFRONT Media in a research note on Thursday, August 6th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $38.00 target price on shares of OUTFRONT Media in a research note on Wednesday, July 22nd. Finally, Barrington Research set a $38.00 price target on OUTFRONT Media in a report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Read Our Latest Stock Analysis on OUT

OUTFRONT Media Trading Down 0.6%

Shares of OUTFRONT Media stock opened at $29.43 on Monday. The stock has a market cap of $5.18 billion, a P/E ratio of 21.17 and a beta of 1.49. The stock’s 50 day simple moving average is $31.69 and its 200-day simple moving average is $30.18. OUTFRONT Media has a 1-year low of $16.97 and a 1-year high of $34.96. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.67 and a quick ratio of 0.67.

Hedge Funds Weigh In On OUTFRONT Media

Several large investors have recently modified their holdings of OUT. Gamco Investors INC. ET AL increased its position in shares of OUTFRONT Media by 0.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 51,648 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 351 shares during the last quarter. GAMMA Investing LLC boosted its stake in OUTFRONT Media by 4.6% during the second quarter. GAMMA Investing LLC now owns 10,048 shares of the financial services provider’s stock worth $329,000 after buying an additional 440 shares during the period. CWM LLC increased its position in shares of OUTFRONT Media by 5.5% during the fourth quarter. CWM LLC now owns 8,682 shares of the financial services provider’s stock valued at $209,000 after acquiring an additional 453 shares during the last quarter. Maryland State Retirement & Pension System raised its stake in shares of OUTFRONT Media by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 21,383 shares of the financial services provider’s stock valued at $515,000 after acquiring an additional 468 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of OUTFRONT Media by 1.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 33,256 shares of the financial services provider’s stock valued at $801,000 after acquiring an additional 500 shares during the period.

Insider Activity at OUTFRONT Media

In related news, EVP Richard H. Sauer sold 5,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $32.08, for a total value of $160,400.00. Following the completion of the transaction, the executive vice president directly owned 56,947 shares in the company, valued at approximately $1,826,859.76. This represents a 8.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP James Michael Norton bought 4,130 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were acquired at an average cost of $30.81 per share, with a total value of $127,245.30. Following the purchase, the executive vice president owned 4,130 shares of the company’s stock, valued at $127,245.30. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have sold 20,000 shares of company stock worth $629,600. Corporate insiders own 0.45% of the company’s stock.

OUTFRONT Media Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, September 4th. This is a boost from OUTFRONT Media’s previous quarterly dividend of $0.30. OUTFRONT Media’s dividend payout ratio is presently 86.33%.

About OUTFRONT Media

(Get Free Report)

OUTFRONT Media Inc is a leading out-of-home (OOH) advertising company offering a broad range of billboard, transit and digital display solutions across major urban markets in the United States and Canada. Its portfolio encompasses traditional static billboards, high-resolution digital signage, transit media on buses, trains and taxis, as well as street furniture placements such as bus shelters, kiosks and urban panels. The company partners with brand marketers to deliver high-impact campaigns that engage consumers outside the home environment.

Through an extensive network of assets in key metropolitan areas, OUTFRONT provides advertisers with premium visibility along highways, city streets and transit corridors.

Further Reading

Earnings History and Estimates for OUTFRONT Media (NYSE:OUT)

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