Core Viewpoint - Outfront Media (OUT) is currently viewed as a more attractive investment option compared to Public Storage (PSA) for value investors seeking undervalued stocks [1]. Group 1: Zacks Rank and Earnings Estimates - Outfront Media has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Public Storage has a Zacks Rank of 3 (Hold) [3]. - The Zacks Rank system emphasizes companies with positive earnings estimate revisions, suggesting that OUT is likely experiencing a more favorable earnings outlook than PSA [3]. Group 2: Valuation Metrics - Outfront Media has a forward P/E ratio of 9.56, significantly lower than Public Storage's forward P/E of 17.29, indicating that OUT may be undervalued [5]. - The PEG ratio for OUT is 0.96, while PSA has a PEG ratio of 4.83, further suggesting that OUT is more favorably valued in terms of expected earnings growth [5]. - Outfront Media's P/B ratio is 5.59 compared to Public Storage's P/B of 9.95, reinforcing the notion that OUT is more attractively priced relative to its book value [6]. Group 3: Value Grades - Outfront Media has received a Value grade of A, while Public Storage has a Value grade of D, indicating a significant difference in perceived value between the two companies [6]. - The combination of Zacks Rank and Style Scores indicates that value investors are likely to prefer Outfront Media over Public Storage at this time [6].

Core Insights - Investors are increasingly turning to dividend-yielding stocks during market turbulence, as these companies typically have high free cash flows and offer substantial dividends [1] Group 1: Park Hotels & Resorts Inc (NYSE:PK) - The stock has a dividend yield of 9.17% [7] - UBS analyst Robin Farley maintained a Neutral rating and raised the price target from $10 to $11 on October 6, 2025, with an accuracy rate of 80% [7] - Cantor Fitzgerald analyst Richard Anderson initiated coverage with a Neutral rating and a price target of $12 on October 1, 2025, with an accuracy rate of 63% [7] - The company is set to release its third-quarter financial results after market close on October 30 [7] Group 2: Americold Realty Trust Inc (NYSE:COLD) - The stock has a dividend yield of 6.85% [7] - RBC Capital analyst Michael Carroll maintained an Outperform rating but cut the price target from $19 to $17 on September 30, 2025, with an accuracy rate of 61% [7] - Truist Securities analyst Ki Bin Kim maintained a Buy rating and lowered the price target from $20 to $17 on September 25, 2025, with an accuracy rate of 66% [7] - The company will announce its third-quarter financial results before the market opens on November 6 [7] Group 3: Outfront Media Inc (NYSE:OUT) - The stock has a dividend yield of 6.63% [7] - Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $17 to $19 on August 4, 2025, with an accuracy rate of 75% [7] - Citigroup analyst Jason Bazinet maintained a Buy rating and increased the price target from $17 to $19 on May 29, 2025, with an accuracy rate of 77% [7] - The company reported disappointing quarterly results on August 5 [7]

Core Insights - Investors are increasingly turning to dividend-yielding stocks during market turbulence, favoring companies with high free cash flows that offer substantial dividends [1] Group 1: Park Hotels & Resorts Inc (NYSE:PK) - The stock has a dividend yield of 9.17% [7] - UBS analyst Robin Farley maintained a Neutral rating and raised the price target from $10 to $11 on October 6, 2025, with an accuracy rate of 80% [7] - Cantor Fitzgerald analyst Richard Anderson initiated coverage with a Neutral rating and a price target of $12 on October 1, 2025, with an accuracy rate of 63% [7] - The company is set to release its third-quarter financial results after market close on October 30 [7] Group 2: Americold Realty Trust Inc (NYSE:COLD) - The stock has a dividend yield of 6.85% [7] - RBC Capital analyst Michael Carroll maintained an Outperform rating but cut the price target from $19 to $17 on September 30, 2025, with an accuracy rate of 61% [7] - Truist Securities analyst Ki Bin Kim maintained a Buy rating and lowered the price target from $20 to $17 on September 25, 2025, with an accuracy rate of 66% [7] - The company will announce its third-quarter financial results before market open on November 6 [7] Group 3: Outfront Media Inc (NYSE:OUT) - The stock has a dividend yield of 6.63% [7] - Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $17 to $19 on August 4, 2025, with an accuracy rate of 75% [7] - Citigroup analyst Jason Bazinet maintained a Buy rating and increased the price target from $17 to $19 on May 29, 2025, with an accuracy rate of 77% [7] - The company reported disappointing quarterly results on August 5 [7]

Core Viewpoint - OUTFRONT Media (OUT) has experienced a 16.2% increase in share price over the past three months, contrasting with a 1.3% decline in the industry, driven by its diversified advertising portfolio and transition to digital displays [1][7]. Group 1: Company Performance - OUTFRONT Media operates a diversified portfolio of advertising sites across major U.S. markets, allowing clients to reach a national audience while tailoring campaigns to specific regions [3]. - The company is transitioning from traditional static billboard advertising to digital displays, which is expected to enhance new advertising relationships and boost digital revenue [4]. - Strategic acquisitions have been made, with approximately $8.5 million spent on new assets in the six months ending June 30, 2025, positioning the company for long-term growth [5]. Group 2: Industry Context - The outdoor advertising industry has high barriers to entry due to permitting restrictions, with OUTFRONT Media owning valuable permits that support advertising rates and limit competition [8]. - The company's revenues are less volatile due to its large-scale presence and diversified portfolio across various industries, including professional services, healthcare, and retail [3]. Group 3: Future Outlook - Analysts are optimistic about OUTFRONT Media, with the Zacks Consensus Estimate for its 2025 FFO per share increasing to $1.89 [2]. - The ongoing investments in digital billboard technology and portfolio expansion are anticipated to drive revenue and OIBDA growth in the future [4][7].

Core Viewpoint - The partnership between Women's Wear Daily (WWD) and OUTFRONT Media aims to celebrate National Hispanic Heritage Month 2025 through a nationwide billboard campaign highlighting legendary Hispanic fashion designers, emphasizing inclusion and creativity in the fashion industry [1][2][3]. Group 1: Campaign Overview - The campaign launched in Times Square and runs nationwide from September 15 to October 15, 2025, showcasing designers recognized in WWD's 115th Anniversary Issue [2]. - The campaign aligns with the 2025 National Hispanic Heritage Month theme, "Collective Heritage: Honoring the Past, Inspiring the Future," focusing on the achievements of legendary designers [5]. Group 2: Organizational Commitment - WWD's CEO Amanda Smith stated that the campaign honors the legacy of Hispanic designers whose artistry has significantly influenced the fashion industry [3]. - OUTFRONT Media's Vice President of Marketing, Liz Rave, expressed pride in using OUTFRONT's platform to spotlight these designers, highlighting their talent and creativity [4]. Group 3: Cultural Impact - The collaboration between WWD and OUTFRONT Media represents an innovative approach to delivering culturally relevant content, reinforcing the importance of diverse narratives in public spaces [6]. - The campaign aims to inspire future generations of designers by showcasing the enduring contributions of Hispanic designers to global fashion [3][6].

Core Insights - The new CEO of OUTFRONT, Nicolas Brien, has a background primarily in the media marketing industry, specifically on the agency side, indicating a shift to the supply side of the business [2] - Brien has been a board member of OUTFRONT for 10 years and took over as Interim CEO on February 7, suggesting a long-term commitment to the company [3] Company Background - OUTFRONT has potential in the out-of-home medium that has not been fully optimized, which may be due to marketing positioning and sales strategies [2] - The transition of Brien from an agency role to a CEO role reflects a strategic change in leadership aimed at enhancing the company's market approach [2][3]

Financial Data and Key Metrics Changes - The company is focusing on driving revenue, improving profitability, and creating a winning culture as key priorities [12][13] - The company aims to transform its operations in 2025 and expand in 2026, with a focus on increasing demand and pricing [19][78] Business Line Data and Key Metrics Changes - The restructuring of the sales organization includes two Chief Revenue Officers (CROs) focusing on enterprise and commercial sides of the business [14][15] - The company is centralizing key functions to enhance focus on demand and supply sides [17] Market Data and Key Metrics Changes - The out-of-home media share of media spend has decreased from 6% to 2.5% over seven years, indicating a significant market challenge [27] - The company is targeting significant urban markets such as New York, Miami, Chicago, and San Francisco for its premium brand positioning [65] Company Strategy and Development Direction - The company is focusing on experiential brand experiences, retail media, and the creator economy as key areas for growth [20][21][59] - The strategy includes enhancing digital capabilities and leveraging AI to improve brand trust and engagement [32][21] Management's Comments on Operating Environment and Future Outlook - Management believes that the biggest opportunity lies in reestablishing the relevance of out-of-home media in the marketing mix [30] - The company is committed to improving profitability by exiting unprofitable leases and focusing on high-quality inventory [88][91] Other Important Information - The company is not currently pursuing large M&A but remains open to tuck-in opportunities [80] - The focus on the mid-market and SMB segments remains strong, contributing 60% of revenue [34] Q&A Session Summary Question: What will be the focus if the company returns in a year with good news? - The focus will be on demand levels, organic growth, and the quality of inventory, along with fostering a winning culture [121][125] Question: How does transit fit into the company's strategy? - Transit is viewed as an opportunity for brand experiences, and the company is changing its approach to sell transit advertising more effectively [104][115] Question: What are the challenges faced by OUTFRONT Media? - The main challenge is the positioning of outdoor media in the minds of decision-makers, with opportunities to sell more creatively to the right customers [116]

Core Insights - OUTFRONT Media Inc. is scheduled to present at Citi's 2025 Global TMT Conference on September 4, 2025, at 2:10 p.m. Eastern Time [1] Company Overview - OUTFRONT Media Inc. is one of the largest and most trusted out-of-home media companies in the U.S., focusing on connecting brands with audiences in significant moments and environments [2] - The company is redefining in-real-life (IRL) marketing by transforming public spaces into platforms for creativity, connection, and cultural relevance [2] - OUTFRONT has a nationwide presence across various formats, including billboards, digital displays, and transit systems, enabling it to create impactful real-world experiences [2] - The in-house agency, OUTFRONT STUDIOS, along with the innovation team, XLabs, provides advanced storytelling supported by technology and data tools to drive measurable impact [2]

Core Insights - Nick Brien has been appointed as interim CEO of OUTFRONT Media, bringing strong leadership and industry expertise to accelerate the company's growth and transformation [1][2] - The board has been expanded with the addition of Nicolle Pangis and Michael Barrett, enhancing OUTFRONT's strategic guidance and expertise in media [3][4] Leadership and Strategic Direction - Brien emphasizes the importance of out-of-home advertising in building consumer trust and engagement, especially in a digital-dominated landscape [2] - OUTFRONT is modernizing operations and investing in technology to unlock growth and create shareholder value [2][4] - Recent organizational changes include the hiring of Jim Norton and Mark Bonanni as Chief Revenue Officers, aimed at sharpening focus and delivery for advertisers [5] Board Expansion and Expertise - Nicolle Pangis brings experience from Netflix Advertising and adtech, while Michael Barrett leads Magnite, enhancing OUTFRONT's capabilities in programmatic and data-driven media [3][4] - Their expertise will support OUTFRONT in integrating out-of-home inventory into centralized planning systems and optimizing sales processes [4] Company Overview - OUTFRONT Media is a leading out-of-home media company in the U.S., focusing on connecting brands with audiences through various formats including billboards and digital displays [6] - The company is defining a new era of in-real-life marketing, leveraging public spaces for creativity and cultural relevance [6]

Core Insights - OUTFRONT Media Inc. has partnered with the Bay Area Host Committee to leverage Super Bowl LX and the World Cup as significant marketing opportunities through out-of-home media and experiential activations [1][3] - The Bay Area will host both major global sporting events in the same year, creating a unique platform for brand storytelling and community engagement [2][4] - The partnership aims to enhance brand visibility and engagement through innovative marketing strategies, including immersive experiences and advanced advertising technologies [3][5] Company Overview - OUTFRONT Media is one of the largest out-of-home media companies in the U.S., focusing on connecting brands with audiences in impactful environments [11] - The company is evolving its marketing approach to emphasize in-real-life (IRL) experiences, utilizing public spaces for creative and culturally relevant advertising [11] Partnership Details - The collaboration with the Bay Area Host Committee will transform the region into a global stage for brands, showcasing creativity and community pride during the events [4][9] - OUTFRONT will provide a range of advertising opportunities, including super graphics, projection mapping, drone shows, and customizable brand experiences through its innovation team [5][11] Market Context - The partnership follows OUTFRONT's successful campaigns at other major events, indicating a strong demand for innovative advertising solutions in high-profile settings [7] - Previous events, such as Super Bowl LIX, saw quick sell-outs of OUTFRONT's inventory, highlighting the effectiveness of their marketing strategies in driving brand awareness [7]