Added to YB: 2025-05-09
Pitch date: 2025-03-23
OUT [bullish]
OUTFRONT Media Inc.
+48.53%
current return
Author Info
No bio for this author
Company Info
OUTFRONT is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most.
Market Cap
$3.6B
Pitch Price
$15.77
Price Target
23.00 (-2%)
Dividend
5.57%
EV/EBITDA
7.90
P/E
30.97
EV/Sales
4.31
Sector
Specialized REITs
Category
growth
OUTFRONT Media Inc. - $OUT
OUT: $23 PT (40% upside) at 12x '26 EBITDA. NYC congestion pricing & RTO mandates driving transit ridership recovery to 80% (vs 70% consensus) - creating tailwind vs headwind. 3-4% EBITDA upside on transit/billboard growth. Trades at 10.5x NTM EBITDA (3x discount to LAMR). Providence on board offers take-out optionality.
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