OUTFRONT Media (NYSE:OUT) Price Target Raised to $38.00

OUTFRONT Media (NYSE:OUT) had its price target hoisted by stock analysts at Wells Fargo & Company from $35.00 to $38.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 22.25% from the company’s current price.

A number of other research firms have also commented on OUT. Morgan Stanley set a $37.00 price target on OUTFRONT Media in a research report on Friday, May 8th. Wall Street Zen cut OUTFRONT Media from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 26th. TD Cowen restated a “buy” rating on shares of OUTFRONT Media in a report on Thursday. Barrington Research set a $38.00 price target on shares of OUTFRONT Media in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a $38.00 price target on shares of OUTFRONT Media in a report on Wednesday, July 22nd. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.71.

OUTFRONT Media Trading Down 2.9%

Shares of OUT traded down $0.93 on Thursday, reaching $31.08. 2,434,358 shares of the company’s stock were exchanged, compared to its average volume of 1,560,159. The business has a 50 day moving average price of $32.10 and a two-hundred day moving average price of $29.56. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 3.90. The stock has a market capitalization of $5.47 billion, a P/E ratio of 29.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.49. OUTFRONT Media has a 12 month low of $16.64 and a 12 month high of $34.96.

OUTFRONT Media (NYSE:OUT) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.06. OUTFRONT Media had a net margin of 9.98% and a return on equity of 30.36%. The business had revenue of $429.60 million for the quarter, compared to the consensus estimate of $431.44 million. During the same period last year, the company posted $0.14 EPS. OUTFRONT Media’s revenue for the quarter was up 10.0% on a year-over-year basis. Research analysts anticipate that OUTFRONT Media will post 2.11 earnings per share for the current year.

Insider Activity

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 transaction of $160,400.00. Following the completion of the transaction, the executive vice president directly owned 56,947 shares of the company’s stock, 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 document filed with the SEC, which is accessible through this hyperlink. Also, EVP James Michael Norton purchased 4,130 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was bought at an average price of $30.81 per share, with a total value of $127,245.30. Following the completion of the purchase, the executive vice president owned 4,130 shares of the company’s stock, valued at approximately $127,245.30. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 20,000 shares of company stock worth $629,600 in the last quarter. 0.45% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in OUT. AQR Capital Management LLC raised its position in shares of OUTFRONT Media by 9.3% in the first quarter. AQR Capital Management LLC now owns 130,411 shares of the financial services provider’s stock valued at $2,105,000 after buying an additional 11,073 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in OUTFRONT Media by 2.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,971 shares of the financial services provider’s stock worth $1,388,000 after buying an additional 1,739 shares in the last quarter. Goldman Sachs Group Inc. grew its position in OUTFRONT Media by 9.9% during the first quarter. Goldman Sachs Group Inc. now owns 4,980,994 shares of the financial services provider’s stock worth $80,393,000 after buying an additional 448,993 shares in the last quarter. Empowered Funds LLC increased its stake in OUTFRONT Media by 12.4% during the 1st quarter. Empowered Funds LLC now owns 21,399 shares of the financial services provider’s stock worth $345,000 after acquiring an additional 2,357 shares during the period. Finally, Woodline Partners LP increased its stake in OUTFRONT Media by 45.6% during the 1st quarter. Woodline Partners LP now owns 36,888 shares of the financial services provider’s stock worth $595,000 after acquiring an additional 11,559 shares during the period.

Key Headlines Impacting OUTFRONT Media

Here are the key news stories impacting OUTFRONT Media this week:

• Positive Sentiment: Strong Q2 results: OUTFRONT reported earnings of $0.68 per share, exceeding the $0.38 consensus estimate, while revenue rose 13.5% year over year to $522.5 million, topping expectations of $509.6 million. Adjusted OIBDA was $160.3 million and attributable AFFO was $120.8 million. OUTFRONT Media Reports Second Quarter 2026 Results
• Positive Sentiment: FFO beat expectations: Funds from operations came in at $0.68 per share, up from $0.51 a year earlier and above the $0.59 analyst consensus, supporting the company’s ability to fund operations and shareholder returns. OUTFRONT Media Tops Q2 FFO and Revenue Estimates
• Positive Sentiment: Dividend increased: The board raised the quarterly dividend 10%, from $0.30 to $0.33 per share. The dividend is payable September 30 to shareholders of record on September 4, providing a roughly 4.1% annualized yield based on the supplied stock information. OUTFRONT Media Announces Quarterly Dividend
• Neutral Sentiment: New advertising partnership: OUTFRONT entered a multiyear exclusive agreement with the New York Jets, giving Jets advertisers access to outdoor media, experiential activations and creator-led campaigns. The deal could expand revenue opportunities, although financial terms were not disclosed. OUTFRONT and New York Jets Partnership
• Negative Sentiment: Potential valuation and leverage concerns: The positive report has not translated into immediate share-price gains. With OUT trading near its one-year high, a P/E ratio above 30 and debt-to-equity of approximately 3.9, investors may be locking in gains or remaining cautious about financial leverage.

OUTFRONT Media Company Profile

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.