OUTFRONT Media (NYSE:OUT) Posts Earnings Results, Beats Expectations By $0.06 EPS

OUTFRONT Media (NYSE:OUT) issued its quarterly earnings data on Thursday. The financial services provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06, Zacks reports. The firm had revenue of $429.60 million for the quarter, compared to analyst estimates of $431.44 million. OUTFRONT Media had a return on equity of 31.18% and a net margin of 9.98%.The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS.

Here are the key takeaways from OUTFRONT Media’s conference call:

• Q1 results beat expectations — consolidated revenue rose ~10% (transit +22%, billboard +7%), adjusted OIBDA increased 56% to about $100M, and AFFO more than doubled to $61M; results include ~$13.5M of billboard condemnation revenue.
• Transit strength and MTA recoupment — transit led by NY MTA (+26%) with digital transit up ~26%; management now expects 2026 MTA revenues above the MAG baseline, enabling non?cash recoupment of prior digital investments (improves cash/working capital but does not flow through OIBDA or net income).
• Digital and programmatic momentum — combined digital revenues ~1/3 of total (digital +11%, ~+15% ex?LA), programmatic/automated sales grew ~40% to ~20% of digital revenue, and the company hired senior digital leadership to accelerate ad?tech, measurement, and audience offerings.
• 2026 guidance and investments — company expects reported 2026 AFFO growth in the mid?teens vs 2025 ($338M), plans ~ $90M total CapEx for the year (125 digital conversions targeted), and Q1 CapEx was ~$24M.
• Balance sheet and shareholder actions — committed liquidity over $700M (including ~$70M cash), net leverage down to 4.3x (inside 4–5x target range), and the board maintained a $0.30 dividend.

OUTFRONT Media Stock Up 3.3%

NYSE OUT traded up $1.07 during trading hours on Friday, reaching $33.88. 2,272,201 shares of the company’s stock traded hands, compared to its average volume of 1,158,795. OUTFRONT Media has a 52-week low of $14.45 and a 52-week high of $34.96. The firm has a market cap of $5.97 billion, a PE ratio of 32.27, a PEG ratio of 1.63 and a beta of 1.50. The firm has a 50-day simple moving average of $28.49 and a 200 day simple moving average of $25.00. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.92 and a quick ratio of 0.92.

OUTFRONT Media Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, June 5th. OUTFRONT Media’s dividend payout ratio (DPR) is 150.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded OUTFRONT Media from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Barrington Research lifted their price target on OUTFRONT Media from $27.00 to $33.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Morgan Stanley set a $37.00 price target on OUTFRONT Media in a research report on Friday. Wells Fargo & Company lifted their price target on OUTFRONT Media from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Zacks Research lowered OUTFRONT Media from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, OUTFRONT Media has an average rating of “Moderate Buy” and an average price target of $29.14.

Insider Buying and Selling

In related news, Director Manuel A. Diaz sold 11,271 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $26.93, for a total transaction of $303,528.03. Following the completion of the transaction, the director owned 36,244 shares of the company’s stock, valued at $976,050.92. This trade represents a 23.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Matthew Siegel sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $25.79, for a total value of $1,289,500.00. Following the transaction, the executive vice president directly owned 289,925 shares of the company’s stock, valued at approximately $7,477,165.75. This trade represents a 14.71% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.47% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new position in OUTFRONT Media during the 3rd quarter valued at approximately $29,000. Kestra Advisory Services LLC bought a new position in OUTFRONT Media during the 4th quarter valued at approximately $71,000. State of Wyoming increased its position in OUTFRONT Media by 155.5% during the 2nd quarter. State of Wyoming now owns 7,973 shares of the financial services provider’s stock valued at $130,000 after buying an additional 4,853 shares in the last quarter. Osaic Holdings Inc. increased its position in OUTFRONT Media by 45.4% during the 2nd quarter. Osaic Holdings Inc. now owns 9,126 shares of the financial services provider’s stock valued at $149,000 after buying an additional 2,851 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in OUTFRONT Media during the 4th quarter valued at approximately $220,000.

Trending Headlines about OUTFRONT Media

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

• Positive Sentiment: OUTFRONT Media reported first-quarter results that beat expectations, with adjusted FFO/AFFO of $0.34 per share versus estimates of $0.28, and revenue of $429.6 million, while management said revenue, OIBDA and AFFO all exceeded guidance. OUTFRONT Media Reports First Quarter 2026 Results
• Positive Sentiment: Growth in transit advertising and better billboard yields helped drive the quarter, with transit revenue up 22.3%, supporting margin expansion and improved cash flow. OUT’s Q1 AFFO Beats Estimates on Transit & Billboard Growth
• Positive Sentiment: The company also raised investor appeal by declaring a quarterly dividend of $0.30 per share, implying a 3.6% annualized yield and signaling confidence in cash generation. OUTFRONT Media Announces Quarterly Dividend
• Positive Sentiment: Analyst commentary remains constructive, with brokerage coverage showing an average recommendation of “Moderate Buy,” and Zacks Research slightly lifting its Q4 2026 earnings estimate. OUTFRONT Media Inc. Receives Average Recommendation of “Moderate Buy” from Brokerages
• Neutral Sentiment: Shares also hit a 52-week high, suggesting the market is rewarding the improved fundamentals, though that can also leave the stock more sensitive to any future disappointment. OUTFRONT Media Inc. (OUT) Hit a 52 Week High, Can the Run Continue?

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.