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Last $29.21 USD
Change Today +0.04 / 0.14%
Volume 240.3K
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

outfront media inc (OUT) Snapshot

Open
$29.19
Previous Close
$29.17
Day High
$29.40
Day Low
$29.08
52 Week High
03/20/15 - $31.49
52 Week Low
10/14/14 - $23.98
Market Cap
4.0B
Average Volume 10 Days
536.8K
EPS TTM
$2.42
Shares Outstanding
137.3M
EX-Date
03/9/15
P/E TM
12.1x
Dividend
$1.36
Dividend Yield
9.35%
Current Stock Chart for OUTFRONT MEDIA INC (OUT)

outfront media inc (OUT) Related Businessweek News

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outfront media inc (OUT) Details

OUTFRONT Media Inc. provides advertising space on out-of-home advertising structures and sites in the United States, Canada, and Latin America. Its portfolio primarily consists of billboard displays, which are principally located on the heavily traveled highways and roadways; and transit advertising displays with multi-year contracts with municipalities in various cities across the United States. The company also provides value-added services, such as pre-campaign category research, creative design support, and post-campaign tracking and analytics. It primarily serves the retail, television, and healthcare/pharmaceuticals industries. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as CBS Outdoor Americas Inc. and changed its name to OUTFRONT Media Inc. in November 2014. OUTFRONT Media Inc. is based in New York, New York. OUTFRONT Media Inc. is a subsidiary of CBS Corporation.

2,492 Employees
Last Reported Date: 03/6/15

outfront media inc (OUT) Top Compensated Officers

Chairman of The Board and Chief Executive Off...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $650.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $442.7K
Executive Vice President of Strategic Plannin...
Total Annual Compensation: $410.1K
Compensation as of Fiscal Year 2014.

outfront media inc (OUT) Key Developments

Outfront Media Inc., Outfront Media Capital LLC and Outfront Media Capital Corporation Enter into Indenture with Deutsche Bank Trust Company Americas Relating to Issuance of Additional $100 Million Aggregate Principal Amount of 5.625% Senior Notes Due 2024

On March 30, 2015, Outfront Media Inc., along with its wholly owned subsidiaries, Outfront Media Capital LLC, (Finance LLC), and Outfront Media Capital Corporation, (together with Finance LLC, the Issuers), and the other guarantors party thereto (the Guarantors), entered into a third supplemental indenture to the indenture, dated as of January 31, 2014 with Deutsche Bank Trust Company Americas, as trustee, relating to the issuance by the Issuers of an additional $100 million aggregate principal amount of 5.625% Senior Notes due 2024. The Notes were sold on March 30, 2015 in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended, have not been registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. The Notes are of the same class and series as, and otherwise identical to, the 5.625% Senior Notes due 2024 that were previously issued by the Issuers under the Indenture, except that prior to the Exchange Offer, the Notes will trade under a different CUSIP. The Notes bear an interest rate of 5.625% per annum and interest on the Notes will be payable on May 15 and November 15 of each year, commencing on May 15, 2015. Interest on the Notes will be deemed to have accrued from November 15, 2014. The Notes will mature on February 15, 2024. The Notes are senior unsecured obligations of the Issuers and are guaranteed on a senior unsecured basis by the company and the Guarantors.

OUTFRONT Media Inc. Announces Two of its Wholly Owned Subsidiaries Prices Private Offering of Additional $100 Million 5.625% Senior Notes Due 2024

OUTFRONT Media Inc. announced that two of its wholly owned subsidiaries priced a private offering of an additional $100 million in aggregate principal amount of their existing 5.625% Senior Notes due 2024. The notes are to be sold at an issue price of 103.750% of the principal amount, plus accrued interest from November 15, 2014. The offering is expected to close on March 30, 2015, subject to customary closing conditions. OUTFRONT Media intends to use a portion of the net proceeds from the notes offering to repay $50.0 million of borrowings under its revolving credit facility (plus accrued and unpaid interest) and intends to use the remaining net proceeds for general corporate purposes. The notes will be guaranteed on an unsecured senior basis by OUTFRONT Media and each of its direct and indirect subsidiaries that guarantees its senior credit facilities.

Outfront Media Inc. Appoints James Price as Senior Vice President, Data Insights & Programmatic Product

OUTFRONT Media announced the appointment of James Price as its Senior Vice President, Data Insights & Programmatic Product. Most recently, he served as the VP of Digital Solutions at DexMedia, where he delivered a suite of digital products to the local business market. In this new role, Price will build and oversee the company's data management and programmatic connectivity practice, through partnerships and engineered solutions. These tools will be fundamental to the digital promotion of all of the company's assets and will make out of home advertising more accessible to the digital ad buying community, enabling clients to leverage additional programmatic channels. Price will report to Andy Sriubas, EVP, Strategic Planning & Development.

 

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OUT Competitors

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Company Last Change
Clear Channel Outdoor Holdings Inc $11.37 USD +0.01
iHeartMedia Inc $6.45 USD -0.30
JCDecaux SA €33.10 EUR -0.105
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Industry Analysis

OUT

Industry Average

Valuation OUT Industry Range
Price/Earnings 10.9x
Price/Sales 2.6x
Price/Book 2.8x
Price/Cash Flow 7.9x
TEV/Sales 1.3x
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