Brokerages predict that Outfront Media Inc (NYSE:OUT) will report earnings per share (EPS) of $0.28 for the current quarter, according to Zacks. Two analysts have issued estimates for Outfront Media’s earnings. The lowest EPS estimate is $0.27 and the highest is $0.28. Outfront Media also posted earnings per share of $0.28 in the same quarter last year. The company is scheduled to announce its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that Outfront Media will report full-year earnings of $2.06 per share for the current fiscal year, with EPS estimates ranging from $2.04 to $2.08. For the next year, analysts expect that the company will post earnings of $2.26 per share, with EPS estimates ranging from $2.15 to $2.34. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Outfront Media.
Outfront Media (NYSE:OUT) last posted its earnings results on Tuesday, February 27th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.31). Outfront Media had a net margin of 8.27% and a return on equity of 10.31%. The firm had revenue of $401.30 million during the quarter, compared to analyst estimates of $404.74 million.
Outfront Media (NYSE:OUT) traded up $0.10 during trading hours on Monday, reaching $19.36. 535,199 shares of the company were exchanged, compared to its average volume of 1,054,105. Outfront Media has a 1-year low of $18.92 and a 1-year high of $26.97. The company has a quick ratio of 1.26, a current ratio of 1.25 and a debt-to-equity ratio of 1.75. The firm has a market cap of $2,680.00, a price-to-earnings ratio of 19.56, a PEG ratio of 1.65 and a beta of 1.06.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 9th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.44 dividend on an annualized basis and a yield of 7.44%. Outfront Media’s payout ratio is presently 145.45%.
A number of large investors have recently bought and sold shares of OUT. Fuller & Thaler Asset Management Inc. grew its position in Outfront Media by 57.9% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 6,000 shares of the financial services provider’s stock worth $151,000 after purchasing an additional 2,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Outfront Media by 45.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,430 shares of the financial services provider’s stock worth $172,000 after purchasing an additional 2,324 shares during the last quarter. Cadence Capital Management LLC acquired a new stake in Outfront Media in the 3rd quarter worth $205,000. Chicago Equity Partners LLC acquired a new stake in Outfront Media in the 4th quarter worth $235,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in Outfront Media in the 4th quarter worth $246,000. Institutional investors and hedge funds own 99.46% of the company’s stock.
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.
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