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

Fundamentals

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


Market Performance


7 Day Return

-1.2%

OUT

0.9%

US REITs

0.07%

US Market


1 Year Return

50.2%

OUT

21.8%

US REITs

8.9%

US Market

Return vs Industry: OUT exceeded the US REITs industry which returned 21.8% over the past year.

Return vs Market: OUT exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

OUTIndustryMarket
7 Day-1.2%0.9%0.07%
30 Day-2.6%2.2%-0.3%
90 Day-0.5%7.9%-1.6%
1 Year59.7%50.2%27.0%21.8%11.3%8.9%
3 Year50.7%24.3%37.5%20.2%46.3%36.8%
5 Year42.9%-10.5%65.5%30.4%62.1%44.3%

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?

44.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OUT ($26.88) is trading below our estimate of fair value ($48.71)

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 (23.9x) compared to the REITs industry average (37.3x).

PE vs Market: OUT is poor value based on its PE Ratio (23.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: OUT is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: OUT is overvalued based on its PB Ratio (3.5x) 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?

8.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OUT's forecast earnings growth (8.3% per year) is above the savings rate (2.7%).

Earnings vs Market: OUT's earnings (8.3% per year) are forecast to grow slower than the US market (14.5% per year).

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

Revenue vs Market: OUT's revenue (4.1% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: OUT's revenue (4.1% 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 low in 3 years time (17.4%).


Next Steps

Past Performance

How has Outfront Media performed over the past 5 years?

-17.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OUT's earnings have declined by -17.3% per year over the past 5 years.

Accelerating Growth: OUT's earnings growth over the past year (81%) exceeds its 5-year average (-17.3% per year).

Earnings vs Industry: OUT earnings growth over the past year (81%) exceeded the REITs industry 16.9%.


Return on Equity

High ROE: OUT's Return on Equity (14.1%) is considered low.


Return on Assets

ROA vs Industry: OUT has a higher Return on Assets than the REITs industry average last year.


Return on Capital Employed

ROCE Improving: OUT has improved its Return on Capital Employed over the past 3 years.


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 0.3x 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?

5.36%

Current Dividend Yield


Dividend Yield vs Market

company5.4%marketbottom25%1.4%markettop25%3.7%industryaverage3.6%forecastin3Years5.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: OUT's dividend (5.36%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: OUT's dividend (5.36%) is in the top 25% of dividend payers in the US market (3.68%)

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 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.5%), 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

What is the CEO of Outfront Media's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Jeremy Male (61yo)

6.1yrs

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 ($USD6.42M) is about average for companies of similar size in the US market ($USD5.11M).

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


Management Age and Tenure

4.7yrs

Average Tenure

55.5yo

Average Age

Experienced Management: OUT's management team is considered experienced (4.7 years average tenure).


Board Age and Tenure

5.0yrs

Average Tenure

61yo

Average Age

Experienced Board: OUT's board of directors are considered experienced (5 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Jeremy Male (61yo)

    Chairman & CEO

    • Tenure: 6.1yrs
    • Compensation: US$6.42m
  • Andy Sriubas (50yo)

    Chief Commercial Officer

    • Tenure: 2.2yrs
    • Compensation: US$3.30m
  • Clive Punter (52yo)

    Executive VP & Chief Revenue Officer

    • Tenure: 5yrs
    • Compensation: US$1.99m
  • Greg Lundberg

    Senior Vice President of Investor Relations

    • Tenure: 0yrs
  • Jodi Senese (60yo)

    Executive VP & Chief Marketing Officer

    • Tenure: 6.5yrs
  • Matt Siegel (56yo)

    Executive VP & CFO

    • Tenure: 1.3yrs
    • Compensation: US$1.27m
  • Lowell Simpson

    Executive VP & Chief Information Officer

    • Tenure: 0.8yrs
  • Rich Sauer (61yo)

    Executive VP & General Counsel

    • Tenure: 12.8yrs
    • Compensation: US$1.62m
  • Nancy Tostanoski (55yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 4.7yrs
  • Steve Hillwig (55yo)

    Executive Vice President of Operations

    • Tenure: 3.8yrs

Board Members

  • Joseph Wender (74yo)

    Lead Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$245.00k
  • Jeremy Male (61yo)

    Chairman & CEO

    • Tenure: 6.1yrs
    • Compensation: US$6.42m
  • Nick Brien (57yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$205.00k
  • Peter Mathes (66yo)

    Independent Director

    • Tenure: 5.6yrs
    • Compensation: US$225.00k
  • Susan Tolson (57yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: US$225.00k
  • Manny Diaz (64yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: US$205.00k
  • Angela Courtin (46yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$205.00k

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$3.853b
  • Shares outstanding: 143.34m
  • 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 mobil ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:32
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
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.