OUTFRONT Media (OUT) Receives News Impact Rating of 0.22
News articles about OUTFRONT Media (NYSE:OUT) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog 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 news impact score of 0.22 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.6613088509126 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- $0.57 EPS Expected for OUTFRONT Media Inc. (OUT) This Quarter (americanbankingnews.com)
- OUTFRONT Media Inc. (OUT) Short Interest Update (americanbankingnews.com)
- OUTFRONT Media Inc. (OUT) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Outfront Media (OUT) Says it Was Awarded Long-Term NY MTA Contract (streetinsider.com)
- OUTFRONT Media’s Canadian Business Partners With Leading Canadian Design Museum, Design Exchange. (finance.yahoo.com)
Several research analysts have recently issued reports on OUT shares. Wells Fargo & Company restated an “outperform” rating and issued a $30.00 price objective on shares of OUTFRONT Media in a research note on Tuesday. ValuEngine upgraded OUTFRONT Media from a “hold” rating to a “buy” rating in a research report on Monday. Loop Capital reiterated a “buy” rating and issued a $28.00 target price (up previously from $27.00) on shares of OUTFRONT Media in a research report on Thursday, September 28th. Barrington Research reiterated an “outperform” rating and issued a $26.00 price target (down previously from $29.00) on shares of OUTFRONT Media in a report on Monday, August 14th. Finally, BidaskClub downgraded shares of OUTFRONT Media from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $30.14.
Shares of OUTFRONT Media (NYSE OUT) opened at 24.37 on Wednesday. The firm has a market capitalization of $3.38 billion, a P/E ratio of 32.54 and a beta of 1.19. The firm’s 50-day moving average price is $22.22 and its 200 day moving average price is $23.49. OUTFRONT Media has a 12 month low of $20.82 and a 12 month high of $27.89.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 8th were paid a $0.36 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $1.44 dividend on an annualized basis and a yield of 5.91%. OUTFRONT Media’s dividend payout ratio is presently 189.48%.
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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.
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