OUTFRONT Media (OUT) enjoys a diversified portfolio of advertising sites, both geographically and industry wise, in some of the key markets of the United States. Its efforts to expand the out-of-home (“OOH”) advertising platform bode well for long-term growth. Strategic investments in the digital billboard portfolio and ongoing efforts to convert its business from traditional static billboard advertising to digital displays will likely support its long-term growth.The Zacks Consensus Estimate for its 2024 f ...

Outfront Media (OUT) has been on a downward spiral lately with significant selling pressure. After declining 10.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock ...

Core Viewpoint - The recent upgrade of Outfront Media to a Zacks Rank 2 (Buy) reflects a positive earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [2][8]. Earnings Estimates and Stock Performance - The Zacks rating system tracks the Zacks Consensus Estimate, which is a measure of EPS estimates from sell-side analysts, indicating a company's changing earnings picture [1]. - There is a strong correlation between changes in earnings estimates and near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [3][12]. - Over the past three months, the Zacks Consensus Estimate for Outfront Media has increased by 2.2%, indicating a positive trend in earnings estimates [13]. Zacks Rank System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [4]. - Outfront Media's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting it is a solid candidate for market-beating returns in the near term [7][15]. Business Improvement Indicators - The upward trend in earnings estimates for Outfront Media implies an improvement in the company's underlying business, which should lead to higher stock prices as investors respond positively [11].

Shares of OUTFRONT Media (OUT) have gained 32.6% in the past six months, outperforming its industry’s growth of 8.1%.This New York-based advertising real estate investment trust’s (REIT) diverse portfolio of advertising sites and large-scale presence, digital billboard conversions and strategic acquisitions over the years have enabled it to ride the growth curve so far.Analysts seem positive about this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2024 FFO per share has been revised 1.8 ...

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Outfront Media (OUT) or Public Storage (PSA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an ...

NEW YORK, Dec. 2, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that Jeremy Male, Chairman and Chief Executive Officer, is scheduled to present at Wells Fargo's 8th Annual TMT Summit on Tuesday, December 3, 2024 at 4:30 p.m. Eastern Time.  A live and replay audio webcast will be available on the investor relations section of the Company's website at www.outfront.com.About OUTFRONT Media Inc.OUTFRONT leverages the power of technology, location, and creativity to connect brands with con ...

Investors might want to bet on Outfront Media (OUT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing e ...

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Outfront Media (OUT) and Public Storage (PSA) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estima ...

Shares of OUTFRONT Media (OUT) have gained 21.9% in the past six months, outperforming its industry’s growth of 10.7%.This New York-based advertising real estate investment trust’s (REIT) diverse portfolio of advertising sites and large-scale presence, efforts to bolster its digital presence and strategic acquisitions over the years have enabled it to ride the growth curve so far.This month, the company reported third-quarter 2024 adjusted funds from operations per share of 48 cents, which surpassed the Zac ...

OUTFRONT Media Inc. (OUT) shares have risen 3.6% following its third-quarter 2024 results announced on Nov. 12. Adjusted funds from operations (AFFO) per share of 48 cents surpassed the Zacks Consensus Estimate of 43 cents. The metric increased 4.3% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect higher average revenue per display (yield) across its portfolio and lower operating expenses.However, quarterly revenues came in at $451.9 millio ...