OUTFRONT Media Inc.

NYSE:OUT Stock Report

Market Cap: US$5.7b

OUTFRONT Media Future Growth

Future criteria checks 2/6

OUTFRONT Media is forecast to grow earnings and revenue by 14.8% and 3.9% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 29.5% in 3 years.

Key information

14.8%

Earnings growth rate

13.66%

EPS growth rate

Specialized REITs earnings growth7.9%
Revenue growth rate3.9%
Future return on equity29.53%
Analyst coverage

Good

Last updated12 May 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 26

OUT: Digital Transit And AR Campaigns Will Shape A Balanced Outlook

Analysts have raised their fair value estimate for OUTFRONT Media from $19.00 to $32.00 per share, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E expectations. What’s in the News for OUTFRONT Media OUTFRONT Media partnered with Snapchat and HBO Max for a "Crowd Created" augmented reality campaign in Times Square, using Snapchat AR Mirrors and OUTFRONT digital billboards to let visitors virtually wear Queen Rhaenyra Targaryen's crown and see their images displayed live.
Analysis Article • Jun 16

OUTFRONT Media (OUT) Stock Could Be 13.8% Undervalued After $500 Million Notes Offering

OUTFRONT Media (OUT) has just completed a US$500 million offering of 6.000% senior unsecured notes due 2034, a capital move that reshapes its debt profile and gives investors fresh information on its financing plans. See our latest analysis for OUTFRONT Media. Over the past year, OUTFRONT Media's share price return has been strong, with a year to date share price gain of 32.14% and a 1 year total shareholder return of 107.62%. This suggests momentum has been building as investors digest...
Seeking Alpha • Jun 09

OUTFRONT Media: Digital Growth Justifies A Higher Multiple

Summary OUTFRONT Media remains a compelling 'Buy,' driven by robust billboard and transit advertising demand. OUT's digital transformation is accelerating, with programmatic and automated sales now 20% of revenue, boosting margins and supporting faster AFFO growth. Management guides for mid-teens AFFO growth in 2026, aided by strong transit momentum, digital adoption, and FIFA World Cup advertising tailwinds. OUT's valuation at 13.6x forward P/FFO is justified by its digital pivot, with a healthy balance sheet and covered dividend supporting long-term growth. Read the full article on Seeking Alpha
Narrative Update • Jun 04

OUT: New Transit Hub Program And Refinancing Will Support Future Real World Media Returns

Analysts have adjusted their fair value estimate for OUTFRONT Media to $36.33, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E, without a material directional shift in the overall price target. What's in the News OUTFRONT Media has launched its first advertising and experiential program at Los Angeles Union Station, introducing interior, exterior, and full station domination formats for advertisers.
Narrative Update • May 14

OUT: Higher Profitability Assumptions Will Support Steady Real World Media Returns

Analysts have lifted their price target for OUTFRONT Media from about $30.83 to roughly $36.33, citing updated assumptions that include slightly different discount rates, revenue growth expectations, profit margin outlook, and future P/E levels. Valuation Changes Fair Value: revised from $30.83 to $36.33, indicating a higher implied valuation for the stock.
Narrative Update • Apr 28

OUT: Formula E Partnership And Sustainability Efforts Will Support Steady Real World Media Returns

Analysts have raised their price target on OUTFRONT Media from $29.50 to approximately $30.83, citing updated assumptions for fair value, discount rate, profit margin and future P/E that modestly adjust their outlook on the shares. What's in the News OUTFRONT Media has been named the Official OOH Advertising Partner of the 2026 ABB FIA Formula E Miami E-Prix and Associate Partner of Change for a one year term, giving it a visible role around a high profile motorsports event (Key Developments).
Narrative Update • Apr 11

OUT: Formula E And ANA Partnerships Will Support Steady Real World Media Returns

Analysts have kept their price target for OUTFRONT Media steady at $29.50. They point to essentially unchanged assumptions for revenue growth, profit margin and future P/E, while making only minor technical tweaks to the discount rate in their models.
Narrative Update • Mar 27

OUT: Formula E And ANA Partnerships Will Shape Steady Real World Media Returns

Analysts have maintained their price target for OUTFRONT Media at $29.50, noting only minor adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions that are not significant enough to alter their overall valuation view. What's in the News Named the Official OOH Advertising Partner of the 2026 ABB FIA Formula E Miami E Prix and Associate Partner of Change.
Narrative Update • Mar 13

OUT: Formula E And ANA Partnerships Will Guide Balanced Real World Media Returns

Analysts have raised their price target on OUTFRONT Media from about $26.17 to $29.50, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News OUTFRONT Media has been named the Official OOH Advertising Partner of the 2026 ABB FIA Formula E Miami E Prix and Associate Partner of Change.
Narrative Update • Feb 26

OUT: Formula E And ANA Alliances Will Shape Future Real World Media Returns

Analysts have raised their price target on OUTFRONT Media to about $26.17 from $25, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News OUTFRONT Media has been named the Official OOH Advertising Partner of the 2026 ABB FIA Formula E Miami E Prix and Associate Partner of Change.
Narrative Update • Feb 11

OUT: Formula E And ANA Partnerships Will Shape In Real Life Media Returns

Analysts have lifted their price target on OUTFRONT Media to $25.00 from $24.20, citing updated assumptions for revenue growth, profit margins, a modestly lower discount rate, and a slightly reduced future P/E multiple. What's in the News OUTFRONT Media has been named the Official OOH Advertising Partner of the 2026 ABB FIA Formula E Miami E Prix and Associate Partner of Change.
Narrative Update • Jan 27

OUT: ANA Partnership Will Shape In Real Life Media Returns While Outlook Stays Measured

Analysts have slightly adjusted their fair value view on OUTFRONT Media to $24.20. The modest change is driven by small tweaks to the discount rate, long-run revenue growth, profit margin, and future P/E assumptions rather than any major shift in the company outlook.
Narrative Update • Jan 11

OUT: AI Workflow Partnership Will Shape Returns While Keeping Outlook Measured

Analysts have modestly raised their price target on OUTFRONT Media to $24.20 from $22.40, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, which slightly lift their outlook for the shares. What's in the News OUTFRONT Media announced a partnership with Amazon Web Services to modernize out of home planning and buying using AI enabled workflows that support natural language planning, purchasing, and measurement of static and digital inventory end to end (Key Developments).
Narrative Update • Dec 25

OUT: AI Partnership Will Likely Shape Returns Yet Keep Expectations In Check

Analysts have nudged their price target on OUTFRONT Media higher by about 1.07 dollars to 22.40 dollars, citing slightly lower discount rate assumptions and a modestly higher future earnings multiple that together support a higher fair value estimate. What's in the News OUTFRONT Media announced a strategic partnership with Amazon Web Services to modernize out of home planning and buying using AI enabled workflows, positioning the company at the forefront of the sector's digital transformation (Key Developments).
Narrative Update • Dec 11

OUT: AI Workflows Will Likely Fail To Justify Lofty Expectations

Analysts have modestly revised their price target on OUTFRONT Media upward by approximately $0.00 per share, reflecting slightly lower perceived risk and marginally improved long term growth and profitability assumptions in their models. What's in the News Announced a strategic partnership with Amazon Web Services to modernize out of home planning and buying using AI enabled, natural language driven workflows, covering planning, purchasing, and measurement for static and digital inventory end to end (Key Developments) The partnership with AWS aims to standardize out of home inventory for programmatic platforms and AI agents.
Narrative Update • Nov 26

OUT: AI Workflows And Cultural Campaigns Will Shape Performance Outlook

Analysts have raised their price target for OUTFRONT Media from $20.00 to $21.33, citing improved projected revenue growth and higher profit margins, which support a stronger valuation outlook. What's in the News OUTFRONT Media has formed a strategic partnership with Amazon Web Services to implement AI-enabled workflows for modernizing out-of-home (OOH) media planning, buying, and measurement.
Narrative Update • Nov 11

OUT: Upcoming Campaigns And Partnerships Will Shape Performance Amid Leadership Change

Analysts have raised their price target for OUTFRONT Media from $19.50 to $20.00 per share. They cite slight improvements in profit margin and a higher valuation multiple, despite modestly increased discount rates and marginally lower revenue growth expectations.
Seeking Alpha • Mar 10

Outfront Media: High Yield And Growth Opportunity

Summary OUTFRONT Media offers a 6.7% dividend yield, discounted valuation, and strong growth potential through digital billboard expansion and transit advertising. It demonstrated robust profitability with an 8.5% YoY increase in adjusted OIBDA, driven by higher-margin digital offerings. OUT's strategic focus on digitization and partnerships with major brands like Apple and Netflix position it well for future growth. Improved financial stability with lower leverage and ample liquidity support OUT's attractive income and growth potential. Read the full article on Seeking Alpha
Seeking Alpha • Dec 16

Outfront Media: Nothing Special

Summary The billboard industry offers strong cash flow potential, with digital billboards driving significant revenue growth despite being a small percentage of total billboards. OUTFRONT Media's profitability improved, with FFO, adjusted FFO, and operating cash flow all showing increases, despite a slight revenue decline due to the sale of its Canadian business. Valuation metrics suggest OUTFRONT Media is fairly priced, not a standout value play, with its leverage being higher than Lamar Advertising but lower than Clear Channel Outdoor Holdings. Maintaining a 'hold' rating for OUTFRONT Media is justified given its current valuation, profitability improvements, and leverage position relative to competitors. Read the full article on Seeking Alpha
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New Narrative • Sep 09

Streamlining Operations And Digital Expansion To Fuel Profit, Yet Margins And Diversification Concerns Lurk

Shifting focus to the U.S. media segment and streamlining operations are expected to enhance profitability and earnings through operational efficiencies.
Seeking Alpha • Sep 01

Outfront Media: An Attractive 7% Dividend Yielder With Double-Digit Upside Potential

Summary OUTFRONT Media, a REIT specializing in billboards and transit advertising, showed solid growth with Q2 revenue up 1.8% YoY and significant digital media gains. The divesture of the Canadian business has strengthened OUT's balance sheet, reducing leverage to 5.0x and allowing management to focus on U.S. growth. With an AFFO payout ratio of 58.1%, OUT has room for future dividend increases, potentially rewarding shareholders after a stagnant two-year period. Despite recent stock gains, OUT remains undervalued with a P/AFFO multiple below the sector median, offering potential upside if operational performance continues. With OUT's share price doubling since October, further upside could be limited in the near to medium term. Read the full article on Seeking Alpha
Seeking Alpha • Jun 09

Outfront Media: 8.7% Yielder Will Give You A Raise, But Don't Get Too Excited

Summary We rated Outfront Media Inc. as a Sell due to concerns about leverage and cyclicality of earnings. Q1-2024 results showed decent performance with total revenues up 3.2% and strong growth in local revenues. The company's debt profile is a concern, but the sale of the Canadian business and expected revenue growth in Q3 and Q4 will improve the situation. We go over why you will get a dividend bump this year, but it is likely just a one-off. Read the full article on Seeking Alpha
Seeking Alpha • Mar 28

Outfront Media: A Great Point To Cash Out

Summary Outfront Media Inc. has sold its Canadian business to BCE at a nice multiple. The base business of Outfront Media remains under pressure, with a decline in adjusted OIBDA despite a rise in revenues. Dividend coverage for Outfront Media is relatively weak, with free cash flow just around the dividend level. We go over why we think this is a nice exit point. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:OUT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,0982873805234
12/31/20272,0152513204606
12/31/20261,9782402863976
3/31/20261,871181236349N/A
12/31/20251,832139199308N/A
9/30/20251,812115211314N/A
6/30/20251,79699195298N/A
3/31/20251,813256209302N/A
12/31/20241,831249209299N/A
9/30/20241,839236190280N/A
6/30/20241,842218184268N/A
3/31/20241,833-432194275N/A
12/31/20231,821-434168254N/A
9/30/20231,814-435142229N/A
6/30/20231,813-411147241N/A
3/31/20231,794110143243N/A
12/31/20221,772131158254N/A
9/30/20221,742143118229N/A
6/30/20221,68713085186N/A
3/31/20221,5787734130N/A
12/31/20211,4648999N/A
9/30/20211,335-601690N/A
6/30/20211,218-1062094N/A
3/31/20211,110-16135105N/A
12/31/20201,236-8154131N/A
9/30/20201,389-33113201N/A
6/30/20201,56925141244N/A
3/31/20201,796138139250N/A
12/31/20191,782138N/A277N/A
9/30/20191,747150N/A239N/A
6/30/20191,698158N/A230N/A
3/31/20191,640102N/A194N/A
12/31/20181,606105N/A214N/A
9/30/20181,55584N/A204N/A
6/30/20181,53387N/A238N/A
3/31/20181,528130N/A279N/A
12/31/20171,521124N/A249N/A
9/30/20171,517116N/A269N/A
6/30/20171,507104N/A262N/A
3/31/20171,49696N/A286N/A
12/31/20161,51491N/A287N/A
9/30/20161,515-10N/A317N/A
6/30/20161,519-26N/A324N/A
3/31/20161,518-33N/A321N/A
12/31/20151,514-29N/A293N/A
9/30/20151,51072N/A255N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OUT's forecast earnings growth (14.8% per year) is above the savings rate (3.5%).

Earnings vs Market: OUT's earnings (14.8% per year) are forecast to grow slower than the US market (18.4% per year).

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

Revenue vs Market: OUT's revenue (3.9% per year) is forecast to grow slower than the US market (12.7% per year).

High Growth Revenue: OUT's revenue (3.9% 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 (29.5%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 22:07
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OUTFRONT Media Inc. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick ShollBarrington Research Associates, Inc.
Bryan GoldbergBofA Global Research
Jason BazinetCitigroup Inc