Outfront Media (OUT) Given News Impact Score of -0.07

News coverage about Outfront Media (NYSE:OUT) has trended somewhat negative recently, AlphaOne reports. AlphaOne, a unit of Accern, identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Outfront Media earned a media sentiment score of -0.07 on AlphaOne’s scale. AlphaOne also gave news articles about the financial services provider an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media stories that may have impacted AlphaOne Sentiment Analysis’s scoring:

Several equities research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Outfront Media from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Tuesday, April 25th. TheStreet cut shares of Outfront Media from a “b-” rating to a “c” rating in a research report on Friday, May 12th. Wedbush upped their price target on shares of Outfront Media from $36.00 to $42.00 and gave the stock an “outperform” rating in a research report on Thursday, February 23rd. Finally, JPMorgan Chase & Co. cut shares of Outfront Media from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $26.00 to $28.00 in a research report on Thursday, February 23rd. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Outfront Media has an average rating of “Hold” and an average target price of $29.57.

Shares of Outfront Media (NYSE:OUT) opened at 22.98 on Friday. Outfront Media has a 52-week low of $20.72 and a 52-week high of $27.89. The company’s 50-day moving average is $25.15 and its 200-day moving average is $25.38. The stock has a market cap of $3.18 billion, a PE ratio of 33.16 and a beta of 1.28.

Outfront Media (NYSE:OUT) last issued its quarterly earnings results on Wednesday, February 22nd. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. Outfront Media had a negative net margin of 0.63% and a negative return on equity of 0.79%. The company had revenue of $397.40 million during the quarter, compared to the consensus estimate of $392.43 million. During the same quarter in the previous year, the firm earned $0.55 earnings per share. The firm’s quarterly revenue was down .3% on a year-over-year basis. Equities analysts anticipate that Outfront Media will post $0.85 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, June 9th will be paid a $0.36 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $1.44 dividend on an annualized basis and a yield of 6.30%. Outfront Media’s dividend payout ratio is currently -1,942.58%.

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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.

12 Month Chart for NYSE:OUT

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