Stock Analysis: Outfront Media
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Outfront Media (OUT) was founded in 2013 and is based in New York, NY.
The company 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 and transit assets in the United States.
Three key data points gauge OUT or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
OUT Price
Outfront share price rose 10.6% from $16.13 to $17.84 in the past year.
Six analysts guess price will rise to $18.80 in the coming year.
OUT Dividends
Outfront Media has paid variable quarterly dividends since June, 2014.
The current forward looking annual dividend of $1.20 yields 6.73% per Wednesday’s $17.80 closing price.
OUT Returns
Putting it all together, a $2.16 estimated gross gain per share shows up when adding Outfront Media Inc annual $1.20 dividend to an estimated $0.96 annual price gain.
A little under $1000 invested at the recent $17.84 share price would buy a little over 56 shares which, multiply the 2.16 gross gain to an estimated $121.08 for the coming year.
Furthermore, about 56% of that $121.00 gain comes from the $66.30 in annual dividends generated from a $1,000 investment.
Besides, the $66.30 annual dividend from your $1k investment is 3.7 times more the recent $17.84 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on OUT to get that 6.73% annual dividend income paid for the past 11 years.
The exact track of OUTs future share price and dividends will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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