OUTFRONT MEDIA INC (OUT)
Real Estate · Out-of-home advertising / REIT · NYSE
A REIT operating one of the largest portfolios of billboard and transit advertising displays across the U.S., monetizing high-visibility real estate in major markets.
What OUTFRONT MEDIA INC does
OUTFRONT Media is a real estate investment trust that owns and operates advertising displays on billboards and transit infrastructure across approximately 120 U.S. markets. The company leases advertising space to customers ranging from national brands to local advertisers, with a diversified portfolio of approximately 19,100 lease agreements across ~17,500 landlords. Core revenue comes from advertising display leases, supplemented by value-added services such as creative production, research, analytics, and campaign tracking. Approximately 75% of the billboard structures are "legal nonconforming," providing competitive moats in markets where new construction is restricted.
Themes: ["Out-of-home advertising (OOH)"]
Fundamentals
- Price$33.81 as of 2026-07-09 close
- Market cap$5.8B as of 2026-07-10
- 1-year return+97.6% as of 2026-07-09 close
- P/E31.29 as of 2026-07-10
- Net margin+10.0% as of 2026-07-10
- Gross margin+68.5% as of 2026-07-10
- ROE+27.7% as of 2026-07-10
- Debt / equity3.90 as of 2026-07-10
- Revenue growth (YoY)+3.2% as of 2026-07-10
- Revenue CAGR (3y)+1.1% SEC XBRL
- Beta1.48 as of 2026-07-10
Dividend: yield +3.5%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["High leverage with long-term debt of $2.58 billion (as of Q1 2026) limits financial flexibility and sensitivity to interest rate changes."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.