Outfront Media Inc (OUT)
:OUT
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Outfront Media (OUT) AI Stock Analysis

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Outfront Media

(NYSE:OUT)

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Neutral 68 (OpenAI - 4o)
Rating:68Neutral
Price Target:
$22.00
▲(25.07% Upside)
Outfront Media's overall stock score reflects strong earnings call performance and technical momentum, offset by high leverage and valuation concerns. The company's strategic growth in transit and digital revenues is a significant positive, but profitability and debt levels remain areas for improvement.
Positive Factors
Transit Revenue Growth
Strong growth in transit revenue, particularly in NYC, indicates effective market penetration and strategic positioning in high-demand areas, supporting long-term revenue stability.
Digital Revenue Expansion
Significant growth in digital revenues highlights successful adaptation to digital trends, enhancing competitive advantage and future revenue potential.
Improved Leverage and Liquidity
Improved leverage and liquidity through refinancing enhances financial flexibility, reducing risk and supporting strategic investments for growth.
Negative Factors
High Leverage
High leverage poses financial risk, potentially limiting operational flexibility and increasing vulnerability to economic downturns.
Decline in Billboard Revenues
Decline in billboard revenues suggests challenges in maintaining traditional revenue streams, impacting overall revenue growth and market position.
Negative Cash Flow Growth
Negative cash flow growth indicates potential issues in cash generation, which could affect the company's ability to invest in growth opportunities.

Outfront Media (OUT) vs. SPDR S&P 500 ETF (SPY)

Outfront Media Business Overview & Revenue Model

Company DescriptionOutfront Media Inc. (OUT) is a leading out-of-home (OOH) advertising company based in the United States. The company specializes in providing advertising solutions through its extensive portfolio of billboards, transit displays, and digital advertising platforms. Operating across major metropolitan areas, Outfront Media offers advertisers a range of services that enable them to reach consumers in high-traffic locations through both traditional and digital formats.
How the Company Makes MoneyOutfront Media generates revenue primarily through the sale of advertising space on its inventory of outdoor displays, which includes static billboards, digital billboards, and transit advertising placements. The company's revenue model is based on long-term contracts with advertisers, which can range from a few weeks to several years. Key revenue streams include direct sales to brands and advertising agencies, as well as partnerships with transit authorities and property owners for the placement of advertising on public transport and private properties. Additionally, Outfront Media benefits from digital advertising, which allows for dynamic content and targeted campaigns, thus attracting a diverse range of advertisers seeking to engage with consumers in real-time. The company's strategic focus on high-traffic urban areas and its ability to leverage data analytics for audience measurement also contribute significantly to its earnings.

Outfront Media Earnings Call Summary

Earnings Call Date:Nov 06, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Feb 25, 2026
Earnings Call Sentiment Positive
The earnings call presents a positive outlook with strong growth in transit and digital revenues, offsetting some challenges in billboard revenues and weaker performance in certain categories. The company has demonstrated significant OIBDA and AFFO growth, with an optimistic forecast for the remainder of the year.
Q3-2025 Updates
Positive Updates
Strong Transit Segment Growth
Transit revenue grew 24% in Q3 2025, led by the New York MTA with a 37% increase, driven by large campaigns in tech, finance, CPG, pharma, and health categories.
Significant Increase in Digital Revenue
Digital transit revenues grew over 50% to $56 million. Combined digital revenue performance grew over 12% in the quarter, representing 35.4% of total revenues.
Impressive OIBDA and AFFO Growth
Consolidated OIBDA was up 17% to $137 million, and AFFO was up 24% to $100 million.
Billboard Adjusted OIBDA Margin Improvement
Billboard adjusted OIBDA margin increased by 170 basis points year-over-year to 39.5%.
Increased AFFO Guidance
AFFO guidance for the full year 2025 is raised to high single-digit growth, up from mid-single-digit expectation.
Negative Updates
Decline in Billboard Revenues
Billboard revenues were down 2.2% due to the exit of two large marginally profitable billboard contracts in New York and L.A.
Weaker Performance in Certain Categories
Weaker revenue categories included retail, alcohol, and government political sectors during the quarter.
Company Guidance
During the OUTFRONT Media Third Quarter 2025 Earnings Call, the guidance emphasized several key metrics reflecting strong performance and strategic growth. Consolidated revenues increased by 3.5%, driven by a significant 24% growth in transit revenues, particularly within the New York MTA, which saw a 37% surge. The company's adjusted OIBDA rose by 17% to $137 million, while AFFO increased by 24% to $100 million. Billboard revenues, however, faced a slight decline of 2.2% due to the exit of two large contracts, though excluding these, revenues would have risen by over 1%. Digital transit revenues soared by over 50%, contributing to a robust digital revenue growth of over 12%, which constituted 35.4% of total revenues. The company announced an increase in their full-year AFFO guidance to a high single-digit range, reflecting growing efficiency and strategic initiatives. Additionally, OUTFRONT Media successfully refinanced their senior secured credit facilities, extending maturity dates and increasing liquidity to over $700 million, while net leverage improved to 4.7x. Looking ahead, the company anticipates fourth-quarter revenue growth in the low to mid-single digits, buoyed by mid-teens growth in transit despite headwinds from strategic billboard contract exits.

Outfront Media Financial Statement Overview

Summary
Outfront Media shows strong revenue growth and cash flow generation, but faces challenges with profitability and high leverage. The company needs to focus on improving operational efficiency and reducing debt to enhance financial stability.
Income Statement
65
Positive
Outfront Media's income statement shows a mixed performance. The TTM gross profit margin is healthy at 49.17%, indicating efficient cost management. However, the net profit margin has decreased significantly from 14.10% in 2024 to 6.86% in the TTM, reflecting a decline in profitability. Revenue growth is strong at 86.9% TTM, but the EBIT and EBITDA margins have decreased, suggesting increased operational challenges.
Balance Sheet
55
Neutral
The balance sheet reveals a high debt-to-equity ratio of 2.84 TTM, indicating significant leverage, though it has improved from 5.22 in 2024. Return on equity has decreased to 18.70% TTM from 33.58% in 2024, showing reduced efficiency in generating profits from equity. The equity ratio remains low, highlighting potential financial risk.
Cash Flow
70
Positive
Cash flow analysis shows positive trends, with a free cash flow growth rate of 10.04% TTM. The operating cash flow to net income ratio is stable at 0.61, indicating good cash generation relative to net income. The free cash flow to net income ratio of 0.72 suggests strong cash flow relative to profits.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.81B1.83B1.82B1.77B1.46B1.24B
Gross Profit890.70M881.90M857.50M855.50M679.90M525.50M
EBITDA584.20M576.80M-100.50M433.00M307.40M218.40M
Net Income124.20M258.20M-425.20M142.70M35.60M-59.60M
Balance Sheet
Total Assets5.21B5.22B5.58B5.99B5.92B5.90B
Cash, Cash Equivalents and Short-Term Investments63.00M46.90M36.00M40.40M424.80M710.40M
Total Debt1.54B4.01B4.34B4.21B4.12B4.13B
Total Liabilities4.53B4.43B4.85B4.64B4.53B4.51B
Stockholders Equity542.60M768.80M697.10M1.35B1.38B1.36B
Cash Flow
Free Cash Flow226.80M221.10M167.40M157.50M8.50M53.50M
Operating Cash Flow314.00M299.20M254.20M254.10M98.80M130.60M
Investing Cash Flow-110.50M207.50M-107.50M-449.50M-224.00M-53.20M
Financing Cash Flow-168.50M-495.40M-151.50M-188.00M-162.20M573.00M

Outfront Media Technical Analysis

Technical Analysis Sentiment
Positive
Last Price17.59
Price Trends
50DMA
18.46
Positive
100DMA
18.03
Positive
200DMA
16.94
Positive
Market Momentum
MACD
0.91
Negative
RSI
81.21
Negative
STOCH
95.29
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OUT, the sentiment is Positive. The current price of 17.59 is below the 20-day moving average (MA) of 18.76, below the 50-day MA of 18.46, and above the 200-day MA of 16.94, indicating a bullish trend. The MACD of 0.91 indicates Negative momentum. The RSI at 81.21 is Negative, neither overbought nor oversold. The STOCH value of 95.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OUT.

Outfront Media Risk Analysis

Outfront Media disclosed 40 risk factors in its most recent earnings report. Outfront Media reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Outfront Media Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
$12.79B29.7138.63%4.86%3.04%-14.88%
68
Neutral
$3.37B29.4017.74%9.36%-1.48%-50.05%
66
Neutral
$3.88B22.228.44%6.83%2.93%-0.87%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
61
Neutral
$3.08B48.783.25%4.58%5.40%294.38%
60
Neutral
$1.50B1.2438.93%952.55%
59
Neutral
$1.80B17.167.41%5.72%47.75%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
OUT
Outfront Media
22.08
4.25
23.84%
CXW
CoreCivic
17.19
-3.95
-18.68%
LAMR
Lamar Advertising
129.63
8.58
7.09%
PCH
PotlatchDeltic
39.31
-0.82
-2.04%
EPR
EPR Properties
51.28
9.77
23.54%
UNIT
Uniti Group
6.28
-3.21
-33.83%

Outfront Media Corporate Events

OUTFRONT Media Inc. Reports Strong Q3 2025 Results
Nov 7, 2025

OUTFRONT Media Inc. is a leading out-of-home media company in the United States, specializing in billboard and transit advertising, known for transforming public spaces into platforms for creativity and connection.

DividendsFinancial Disclosures
Outfront Media Declares Quarterly Cash Dividend
Positive
Nov 6, 2025

On November 6, 2025, OUTFRONT Media announced a quarterly cash dividend of $0.30 per share, payable on December 31, 2025. The company’s third-quarter results showed a revenue increase to $467.5 million, driven by strong transit segment performance, particularly in New York City. Despite a decrease in billboard segment revenues, the company reported an overall increase in operating income and adjusted OIBDA, indicating a strengthening business momentum as the year closes.

The most recent analyst rating on (OUT) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Outfront Media stock, see the OUT Stock Forecast page.

Executive/Board ChangesPrivate Placements and Financing
Outfront Media Secures $1 Billion Credit Agreement
Positive
Sep 25, 2025

On September 24, 2025, Outfront Media Inc. entered into a credit agreement to refinance its existing senior secured credit facilities, securing a $1.0 billion borrowing capacity. This agreement includes a $500 million revolving credit facility maturing in 2030 and a $500 million term loan maturing in 2032, aimed at repaying existing obligations and supporting general corporate purposes. Additionally, the company granted a one-time long-term equity incentive award to its CFO, Matthew Siegel, valued at $400,000, contingent on stock performance over three years.

The most recent analyst rating on (OUT) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Outfront Media stock, see the OUT Stock Forecast page.

Executive/Board Changes
Outfront Media Appoints Nicolas Brien as CEO
Neutral
Aug 21, 2025

On August 21, 2025, Outfront Media Inc. appointed Nicolas Brien as its Chief Executive Officer. Brien, who has been serving as the Interim CEO since February 2025, brings extensive experience from leadership roles in major advertising and media companies. His appointment is accompanied by a comprehensive employment agreement detailing salary, bonuses, and equity incentives. Additionally, Michael Barrett and Nicolle Pangis were elected to the Board of Directors, with Barrett joining the Nominating and Governance Committee and Pangis joining the Compensation Committee.

The most recent analyst rating on (OUT) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Outfront Media stock, see the OUT Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 08, 2025