Wall Street brokerages expect Outfront Media Inc (NYSE:OUT) to announce earnings of $0.56 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Outfront Media’s earnings. The lowest EPS estimate is $0.55 and the highest is $0.56. Outfront Media also reported earnings per share of $0.56 during the same quarter last year. The company is expected to issue its next earnings results on Wednesday, February 28th.

According to Zacks, analysts expect that Outfront Media will report full-year earnings of $1.95 per share for the current year, with EPS estimates ranging from $1.94 to $1.96. For the next financial year, analysts forecast that the firm will report earnings of $2.25 per share, with EPS estimates ranging from $2.18 to $2.30. Zacks’ EPS averages are a mean average based on a survey of analysts that follow Outfront Media.

Outfront Media (NYSE:OUT) last released its quarterly earnings results on Monday, November 6th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.20). The company had revenue of $392.40 million for the quarter, compared to analyst estimates of $391.18 million. Outfront Media had a net margin of 7.71% and a return on equity of 9.57%. Outfront Media’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 EPS.

A number of equities analysts have recently weighed in on OUT shares. Loop Capital restated a “buy” rating and issued a $28.00 target price (up previously from $27.00) on shares of Outfront Media in a research note on Thursday, September 28th. ValuEngine upgraded Outfront Media from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Wells Fargo & Co restated an “outperform” rating and issued a $30.00 target price on shares of Outfront Media in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research downgraded Outfront Media from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. Outfront Media currently has a consensus rating of “Hold” and an average target price of $29.83.

Shares of Outfront Media (NYSE OUT) traded up $0.23 during midday trading on Friday, hitting $22.50. The stock had a trading volume of 555,524 shares, compared to its average volume of 572,855. Outfront Media has a 12-month low of $20.82 and a 12-month high of $27.89. The stock has a market cap of $3,087.43, a P/E ratio of 26.79, a PEG ratio of 1.55 and a beta of 1.13. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.23 and a quick ratio of 1.23.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 8th were paid a $0.36 dividend. The ex-dividend date was Thursday, December 7th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.40%. Outfront Media’s payout ratio is presently 171.43%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue boosted its stake in shares of Outfront Media by 10.7% in the 4th quarter. State of Alaska Department of Revenue now owns 85,757 shares of the financial services provider’s stock worth $1,988,000 after buying an additional 8,267 shares during the last quarter. Fox Run Management L.L.C. raised its holdings in shares of Outfront Media by 51.7% in the 4th quarter. Fox Run Management L.L.C. now owns 55,811 shares of the financial services provider’s stock worth $1,295,000 after purchasing an additional 19,011 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Outfront Media by 5.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,080,932 shares of the financial services provider’s stock worth $25,078,000 after purchasing an additional 57,771 shares during the period. Bank of Montreal Can raised its holdings in shares of Outfront Media by 15.3% in the 4th quarter. Bank of Montreal Can now owns 41,796 shares of the financial services provider’s stock worth $970,000 after purchasing an additional 5,535 shares during the period. Finally, Copper Rock Capital Partners LLC raised its holdings in shares of Outfront Media by 3.6% in the 4th quarter. Copper Rock Capital Partners LLC now owns 998,911 shares of the financial services provider’s stock worth $22,995,000 after purchasing an additional 34,662 shares during the period.

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Outfront Media Company Profile

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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