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Last $22.70 USD
Change Today +0.25 / 1.11%
Volume 492.6K
OUT On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

outfront media inc (OUT) Snapshot

Open
$22.49
Previous Close
$22.45
Day High
$22.78
Day Low
$22.49
52 Week High
03/20/15 - $31.49
52 Week Low
08/24/15 - $21.55
Market Cap
3.1B
Average Volume 10 Days
816.7K
EPS TTM
$2.36
Shares Outstanding
137.5M
EX-Date
09/8/15
P/E TM
9.6x
Dividend
$1.36
Dividend Yield
12.08%
Current Stock Chart for OUTFRONT MEDIA INC (OUT)

outfront media inc (OUT) Related Businessweek News

No Related Businessweek News Found

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. formerly operated as 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

Clear Channel Keeps An Eye On US Acquisitions

Clear Channel Outdoor, Inc. may seeks acquisition of stakes in US Operations of Clear Channel Outdoor, Inc. and Outfront Media Inc. (NYSE:OUT). JCDecaux SA (ENXTPA:DEC), Co-Chief Executive believes that the company can become much, much bigger potentially though acquisitions of its US-based rivals, Clear Channel Outdoor, Inc. and Outfront Media Inc. (NYSE:OUT). “We are the natural buyer” of the US operations of Clear Channel Outdoor and Outfront Media, Jean-François Decaux said.

Outfront Media Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Outfront Media Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $384.7 million increased $50.3 million, or 15.0%, for the second quarter of 2015 as compared to the same prior-year period. Adjusted OIBDA was $119.1 million increased $8.8 million, or 8.0%. Net income attributable to common shareholders was $22.2 million in the second quarter of 2015 as compared to $22.4 million in the same prior-year period. Net income for the second quarter of 2015 was impacted by higher depreciation and amortization expense from acquisitions, the incurrence of interest expense, incremental stand-alone costs, increased strategic business development expenses and restructuring charges, partially offset by contributions from acquisitions and lower taxes due to conversion to a REIT. Net income per diluted weighted average share was $0.16 for the second quarter of 2015 as compared to $0.19 in the same prior-year period. Net income per diluted adjusted weighted average share on a REIT-comparable basis was $0.18 for the second quarter of 2015 as compared to $0.26 in the same prior-year period. FFO was $71.9 million in the second quarter of 2015, an increase of $5.5 million from the same prior-year period, driven primarily by acquisitions, offset by higher interest expense and incremental stand-alone costs, net of tax. Operating income was $54.6 million against $58.3 million a year ago. Capital expenditures were $14.6 million against $13.6 million a year ago. Income before provision for income was $25.6 million against $39.8 million a year ago. AFFO was $71.4 million against $57.7 million a year ago. For the six months, the company total revenues were 728.6 million against $622.3 million a year ago. Income before provision for income was $24.5 million against $53.5 million a year ago. Operating income was $81.2 million against $85.0 million a year ago. Net cash flow provided by operating activities was $74.1 million against $75.0 million a year ago. Capital expenditure was $27.7 million against $29.3 million a year ago. Adjusted OIBDA was $206.1 million against $185.9 million a year ago. Capital expenditures were $27.7 million against $29.3 million a year ago. FFO was $121.8 million against $116.7 million a year ago. AFFO was $120.9 million against $95.9 million a year ago. Adjusted OIBDA was $206.1 million against $185.9 million a year ago.

Outfront Media Inc. to Lease Assets for Wireless Communication Attachments

Outfront Media Inc. announced that it has entered into an exclusive partnership agreement with Diamond Communications LLC to market and manage wireless attachment placement opportunities on OUTFRONT Media's leased and owned assets.

 

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OUT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Clear Channel Outdoor Holdings Inc $8.02 USD +0.08
iHeartMedia Inc $5.05 USD +0.05
JCDecaux SA €31.86 EUR 0.00
Lamar Advertising Co $52.68 USD +0.45
Landmark Infrastructure Partners LP $15.43 USD -0.10
View Industry Companies
 

Industry Analysis

OUT

Industry Average

Valuation OUT Industry Range
Price/Earnings 9.7x
Price/Sales 2.1x
Price/Book 2.3x
Price/Cash Flow 6.0x
TEV/Sales 0.5x
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