Press coverage about OUTFRONT Media (NYSE:OUT) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. OUTFRONT Media earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.2931576067126 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
OUTFRONT Media (NYSE OUT) opened at 24.18 on Tuesday. The firm has a 50-day moving average price of $22.49 and a 200 day moving average price of $23.43. OUTFRONT Media has a one year low of $20.82 and a one year high of $27.89. The firm has a market capitalization of $3.35 billion, a P/E ratio of 32.28 and a beta of 1.19.
The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 8th were given a $0.36 dividend. The ex-dividend date was Thursday, September 7th. This represents a $1.44 annualized dividend and a dividend yield of 5.96%. OUTFRONT Media’s dividend payout ratio (DPR) is presently 189.48%.
OUT has been the subject of several research reports. ValuEngine upgraded OUTFRONT Media from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Loop Capital restated a “buy” rating and set a $28.00 price objective (up from $27.00) on shares of OUTFRONT Media in a research report on Thursday, September 28th. Zacks Investment Research upgraded OUTFRONT Media from a “sell” rating to a “hold” rating in a research report on Monday, July 10th. Wells Fargo & Company restated an “outperform” rating and set a $30.00 price objective on shares of OUTFRONT Media in a research report on Tuesday, October 3rd. Finally, Barrington Research restated an “outperform” rating and set a $26.00 price objective (down from $29.00) on shares of OUTFRONT Media in a research report on Monday, August 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $30.17.
About OUTFRONT Media
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.