Wells Fargo & Company Issues Positive Forecast for OUTFRONT Media (NYSE:OUT) Stock Price

OUTFRONT Media (NYSE:OUT) had its price target lifted by analysts at Wells Fargo & Company from $35.00 to $38.00 in a research note issued on Thursday,Benzinga reports. The firm 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 stock’s current price.

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

OUTFRONT Media Price Performance

Shares of NYSE:OUT traded down $0.93 during trading on Thursday, reaching $31.08. The company had a trading volume of 2,434,358 shares, compared to its average volume of 1,560,159. The firm’s fifty day moving average is $32.10 and its 200 day moving average is $29.56. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $5.47 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.49. OUTFRONT Media has a twelve month low of $16.64 and a twelve month high of $34.96.

OUTFRONT Media (NYSE:OUT) last announced its earnings results on Thursday, May 7th. The financial services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.28 by $0.06. The firm had revenue of $429.60 million for the quarter, compared to analysts’ expectations of $431.44 million. OUTFRONT Media had a return on equity of 30.36% and a net margin of 9.98%.The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 earnings per share. On average, equities analysts forecast that OUTFRONT Media will post 2.11 EPS for the current year.

Insider Buying and Selling

In other news, EVP James Michael Norton acquired 4,130 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were bought at an average price of $30.81 per share, with a total value of $127,245.30. Following the acquisition, the executive vice president owned 4,130 shares of the company’s stock, valued at $127,245.30. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Richard H. Sauer sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $32.08, for a total value of $160,400.00. Following the sale, the executive vice president 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 20,000 shares of company stock valued at $629,600 in the last quarter. Corporate insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On OUTFRONT Media

Hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its position in 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 worth $2,105,000 after purchasing an additional 11,073 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of OUTFRONT Media by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,971 shares of the financial services provider’s stock valued at $1,388,000 after purchasing an additional 1,739 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of OUTFRONT Media by 9.9% in the 1st 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 boosted its stake in OUTFRONT Media by 12.4% in the 1st quarter. Empowered Funds LLC now owns 21,399 shares of the financial services provider’s stock valued at $345,000 after buying an additional 2,357 shares in the last quarter. Finally, Woodline Partners LP grew its position in OUTFRONT Media by 45.6% in the first quarter. Woodline Partners LP now owns 36,888 shares of the financial services provider’s stock valued at $595,000 after acquiring an additional 11,559 shares during the period.

More OUTFRONT Media News

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.

About OUTFRONT Media

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.