NYSE:OUT

Stock Analysis Report

Executive Summary

OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America.


Snowflake Analysis

Proven track record average dividend payer.


Similar Companies

Share Price & News

How has Outfront Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OUT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

OUT

-0.2%

US REITs

0.06%

US Market


1 Year Return

43.2%

OUT

15.9%

US REITs

19.3%

US Market

Return vs Industry: OUT exceeded the US REITs industry which returned 15.9% over the past year.

Return vs Market: OUT exceeded the US Market which returned 19.3% over the past year.


Shareholder returns

OUTIndustryMarket
7 Day-0.7%-0.2%0.06%
30 Day1.6%3.7%1.7%
90 Day23.3%7.8%9.0%
1 Year51.7%43.2%20.6%15.9%21.8%19.3%
3 Year45.0%19.6%37.5%20.3%49.5%39.9%
5 Year39.4%2.3%59.9%27.0%73.1%54.1%

Price Volatility Vs. Market

How volatile is Outfront Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Outfront Media undervalued compared to its fair value and its price relative to the market?

45.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OUT ($30.63) is trading below our estimate of fair value ($55.89)

Significantly Below Fair Value: OUT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OUT is good value based on its PE Ratio (28.9x) compared to the REITs industry average (37.2x).

PE vs Market: OUT is poor value based on its PE Ratio (28.9x) compared to the US market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: OUT is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: OUT is overvalued based on its PB Ratio (4x) compared to the US REITs industry average (2.1x).


Next Steps

Future Growth

How is Outfront Media forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

15.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OUT's forecast earnings growth (15.7% per year) is above the savings rate (1.7%).

Earnings vs Market: OUT's earnings (15.7% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: OUT's earnings are forecast to grow, but not significantly.

Revenue vs Market: OUT's revenue (4.4% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: OUT's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OUT's Return on Equity is forecast to be high in 3 years time (39.6%)


Next Steps

Past Performance

How has Outfront Media performed over the past 5 years?

-16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OUT has high quality earnings.

Growing Profit Margin: OUT's current net profit margins (8.6%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: OUT's earnings have declined by -16.1% per year over the past 5 years.

Accelerating Growth: OUT's earnings growth over the past year (79.8%) exceeds its 5-year average (-16.1% per year).

Earnings vs Industry: OUT earnings growth over the past year (79.8%) exceeded the REITs industry 6.7%.


Return on Equity

High ROE: OUT's Return on Equity (13.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Outfront Media's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: OUT has a high level of physical assets or inventory.

Debt Coverage by Assets: OUT's debt is not covered by short term assets (assets are 0.2x debt).


Financial Institutions Analysis

Asset Level: OUT's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if OUT has a sufficient allowance for bad loans.

Low Risk Liabilities: OUT reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if OUT has an acceptable proportion of non-loan assets held.

Low Risk Deposits: OUT has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if OUT has an appropriate level of bad loans.


Next Steps

Dividend

What is Outfront Media's current dividend yield, its reliability and sustainability?

4.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OUT's dividend (4.7%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: OUT's dividend (4.7%) is in the top 25% of dividend payers in the US market (3.71%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, OUT has been paying a dividend for less than 10 years.

Growing Dividend: OUT has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67.2%), OUT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OUT's dividends in 3 years are forecast to be thoroughly covered by earnings (0.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Jeremy Male (61yo)

6.4yrs

Tenure

US$6,417,229

Compensation

Mr. Jeremy J. Male has been the Chief Executive Officer of CBS Outdoor Inc. since September 2013. Mr. Male has been the Chairman of the Board of Outfront Media Inc. (previously CBS Outdoor Americas Inc.) s ...


CEO Compensation Analysis

Compensation vs Market: Jeremy's total compensation ($USD6.42M) is above average for companies of similar size in the US market ($USD4.88M).

Compensation vs Earnings: Jeremy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeremy Male
Chairman & CEO6.4yrsUS$6.42m0.23% $10.2m
Matthew Siegel
Executive VP & CFO1.7yrsUS$1.27m0.0024% $106.8k
Richard Sauer
Executive VP & General Counsel13.2yrsUS$1.62m0.044% $2.0m
Andrew Sriubas
Chief Commercial Officer2.5yrsUS$3.30m0.075% $3.3m
Clive Punter
Executive VP & Chief Revenue Officer5.3yrsUS$1.99m0.050% $2.2m
Steve Hillwig
Executive Vice President of Operations4.1yrsno datano data
Lowell Simpson
Executive VP & Chief Information Officer1.2yrsno datano data
Gregory Lundberg
Senior Vice President of Investor Relations0yrsno datano data
Jodi Senese
Executive VP & Chief Marketing Officer6.8yrsno data0.041% $1.8m
Nancy Tostanoski
Executive VP & Chief Human Resources Officer5yrsno data0.022% $965.4k

5.0yrs

Average Tenure

55.5yo

Average Age

Experienced Management: OUT's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeremy Male
Chairman & CEO6.4yrsUS$6.42m0.23% $10.2m
Joseph Wender
Lead Independent Director5yrsUS$245.00k0.017% $753.5k
Nicolas Brien
Independent Director5.3yrsUS$205.00k0.018% $807.6k
Peter Mathes
Independent Director5.9yrsUS$225.00k0.022% $980.8k
Susan Tolson
Independent Director5.5yrsUS$225.00k0.016% $719.2k
Manuel Diaz
Independent Director5.5yrsUS$205.00k0.016% $719.2k
Angela Courtin
Independent Director2.8yrsUS$205.00k0.0083% $363.6k

5.3yrs

Average Tenure

61yo

Average Age

Experienced Board: OUT's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Outfront Media Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Outfront Media Inc.
  • Ticker: OUT
  • Exchange: NYSE
  • Founded:
  • Industry: Specialized REITs
  • Sector: Real Estate
  • Market Cap: US$4.396b
  • Shares outstanding: 143.52m
  • Website: https://www.outfrontmedia.com

Number of Employees


Location

  • Outfront Media Inc.
  • 405 Lexington Avenue
  • 17th Floor
  • New York
  • New York
  • 10174
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
76CDB (Deutsche Boerse AG)YesCommon StockDEEURMar 2014
OUTNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 2014

Biography

OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:41
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.