The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Outfront Media Inc. (OUT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.73, or -4.13%, to $16.93. Volume reached 63,922 shares, with price reaching a high of $16.93 and a low of $16.93. The stock was recently discussed on Yahoo Finance as it revealed that OUTFRONT Media Chief Financial Officer Matthew Siegel to Participate in the Deutsche Bank 30th Annual Leveraged Finance Conference — Revised Presentation Time.
The company is listed on the NYSE and operates within the REIT – Specialty industry segment. At the end of the last regular session, the stock closed at $16.93 and fluctuated between $17.99 as its day high and $16.92 as its day low. The current market capitalization of Outfront Media Inc. is $2.81B. A total of 1.79 million shares were traded on the day, compared to an average of 2.30M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OUT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 49 BUYs and 9 SELLs from insiders. Insiders purchased 35,212,386 shares during that period but sold 197,941.
In the most recent transaction, MARTIN PATRICK sold 4,237 shares of OUT for 27.41 per share on Nov 11. After the transaction, the SVP, Controller, CAO now owns 8,987 company shares.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Outfront Media Inc. pays an annual dividend of $1.20, resulting in a dividend yield of 7.09%, and it has a price to earnings (P/E) ratio of 19.94. OUT’s most recent ex-dividend date was 09/01/2022 when it declared a $0.30 quarterly dividend that was paid in cash on 09/30/2022. Previously, the company paid the dividend on 06/30/2022 with an ex-dividend date of 06/02/2022. The dividend was $0.30 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OUT in the last 3 months, the mean price target is $28.17 with high estimates of $34.00 and low estimates of $22.00. In terms of 52-week highs and lows, OUT has a high of $29.36 and a low of $16.07.
As of this writing, OUT has an earnings estimate of $0.5 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.51 per share and a lower estimate of $0.49. The company reported an EPS of $0.57 in the last quarter, which was 26.67% higher than expectations of $0.45.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OUT is Overweight with a score of 4.60. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.