OUTFRONT Media Inc. Common Stoc (NYSE:OUT):
OUTFRONT Media To Report Third Quarter 2016 Results On November 7, 2016.
In the market the company is trading up by 0.28 percent from yesterday’s close.
The company declared a dividend paid on Friday the 30th of September 2016. The dividend payment was $0.340 per share for the quarter or $1.36 annualized. The dividend yield was $6.26. The ex-dividend date was Wednesday the 7th of September 2016.
Shares of the company are trading at $21.38 which is just a bit below the 50 day moving average of $22.33 and barely below the 200 day moving average of $22.59. The 50 day moving average was down by -4.25% and the 200 day average was down $-1.21.
In the last earnings report the EPS was $-0.19 and is estimated to be $0.63 for the current year with 137,946,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $0.23 with next year’s EPS anticipated to be $0.78.
Brokerage analysts have released opinions on OUT of late. On September 13 analysts at Loop Capital started covering OUT with a rating of “Hold” and establishing a price target of $23.00. Wedbush began coverage of the stock by announcing an initial rating of “Neutral” and projecting a price target of $26.00.
On October 5, 2015 the stock rating was rated “Buy” in a report from Goldman Sachs a boost from the previous “” rating. On August 18 the stock rating was downgraded to “Market Perform” from “Outperform” in a statement from Wells Fargo.
On June 25 the company was upgraded from “Hold” to “Buy” in a report from Evercore Partners. On May 6 JP Morgan held the stock rating at “Overweight” and moved down the price target from $34.00 to $32.00.