It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Outfront Media Inc (OUT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.37, or -2.97%, to $12.07. The Outfront Media Inc has recorded 1,730,457 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed OUTFRONT Media Announces Pricing of Senior Secured Notes Offering.
Outfront Media Inc is listed on the NYSE in the Real Estate sector while operating in the REIT – Specialty industry. At the end of the last regular session, the stock closed at $12.44 and fluctuated between $12.59 as its day high and $12.23 as its day low. The current market capitalization of Outfront Media Inc is $2.05B. A total of 2.02 million shares were traded on the day, compared to an average of 3.48M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, OUT has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 9,000 and the disposition of 0 shares. Over the last 12 months, there were 54 BUYs and 8 SELLs from insiders. Insiders purchased 762,493 shares during that period but sold 348,389.
In the most recent transaction, Punter Clive A. bought 9,000 shares of OUT for 11.12 per share on Aug 18. After the transaction, the EVP and Chief Revenue Officer now owns 174,647 company shares.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. OUT’s most recent ex-dividend date was 11/30/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 8/31/2023. The OUT stock dividend was $0.30 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for OUT in the last 3 months, the mean price target is $18.80 with high estimates of $34.00 and low estimates of $12.00. In terms of 52-week highs and lows, OUT has a high of $21.65 and a low of $8.18.
As of this writing, OUT has an earnings estimate of $Ouster, Inc. per share for the current quarter. EPS was calculated based on a consensus of Hut 8 Mining Corp. estimates, with a high estimate of $Academy Sports and Outdoors, In per share and a lower estimate of $American Eagle Outfitters, Inc..
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. OUT’s latest balance sheet shows that the firm has $424.80M in Cash & Short Term Investments as of fiscal 2021. There were $4.12B in debt and $507.70M in liabilities at the time. Its Book Value Per Share was $3.58, while its Total Shareholder’s Equity was $1.39B.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 3.80.