OUTFRONT Media Inc. (NYSE:OUT) has received a consensus rating of “Hold” from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $30.17.

Several analysts have recently weighed in on OUT shares. Zacks Investment Research upgraded shares of OUTFRONT Media from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. ValuEngine upgraded shares of OUTFRONT Media from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Wells Fargo & Company reiterated an “outperform” rating and issued a $30.00 target price on shares of OUTFRONT Media in a research report on Tuesday, October 3rd. Finally, Loop Capital reiterated a “buy” rating and issued a $28.00 target price (up previously from $27.00) on shares of OUTFRONT Media in a research report on Thursday, September 28th.

OUTFRONT Media (OUT) traded up $0.38 during trading on Friday, hitting $24.06. 1,775,300 shares of the stock traded hands, compared to its average volume of 864,044. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market cap of $3,282.91, a PE ratio of 12.08, a P/E/G ratio of 1.86 and a beta of 1.13. OUTFRONT Media has a 12-month low of $20.82 and a 12-month high of $27.89.

OUTFRONT Media (NYSE:OUT) last posted its quarterly earnings data on Monday, November 6th. The financial services provider reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.20). The company had revenue of $392.40 million for the quarter, compared to analysts’ expectations of $391.18 million. OUTFRONT Media had a net margin of 7.71% and a return on equity of 9.57%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 EPS. equities research analysts forecast that OUTFRONT Media will post 1.98 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 8th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Thursday, December 7th. OUTFRONT Media’s payout ratio is presently 171.43%.

A number of large investors have recently modified their holdings of the stock. TD Asset Management Inc. grew its holdings in OUTFRONT Media by 16.1% in the 2nd quarter. TD Asset Management Inc. now owns 15,848 shares of the financial services provider’s stock worth $366,000 after acquiring an additional 2,200 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in OUTFRONT Media by 2.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,092,657 shares of the financial services provider’s stock worth $25,263,000 after acquiring an additional 27,119 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in OUTFRONT Media by 2.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,034 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 244 shares during the last quarter. Legal & General Group Plc grew its holdings in OUTFRONT Media by 5.4% in the 2nd quarter. Legal & General Group Plc now owns 126,737 shares of the financial services provider’s stock worth $2,931,000 after acquiring an additional 6,531 shares during the last quarter. Finally, Comerica Bank grew its holdings in OUTFRONT Media by 95.3% in the 2nd quarter. Comerica Bank now owns 170,235 shares of the financial services provider’s stock worth $3,944,000 after acquiring an additional 83,060 shares during the last quarter.

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About OUTFRONT Media

OUTFRONT Media Inc is a real estate investment trust (REIT), which provides advertising space (displays) on out-of-home advertising structures and sites in the United States and Canada. The Company’s segments are U.S. Media and Other. The U.S. Media segment includes U.S. Billboard and Transit. The Other segment includes International and Sports Marketing.

Analyst Recommendations for OUTFRONT Media (NYSE:OUT)

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