Outfront Media Inc (NYSE:OUT) declared a quarterly dividend on Tuesday, October 22nd, Zacks reports. Investors of record on Friday, December 6th will be given a dividend of 0.36 per share by the financial services provider on Tuesday, December 31st. This represents a $1.44 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date is Thursday, December 5th.
OUT opened at $24.79 on Tuesday. The business has a fifty day moving average price of $25.87 and a 200 day moving average price of $26.45. The company has a debt-to-equity ratio of 3.06, a current ratio of 0.71 and a quick ratio of 0.71. Outfront Media has a 12 month low of $16.81 and a 12 month high of $28.42. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 1.36 and a beta of 1.02.
Outfront Media (NYSE:OUT) last posted its quarterly earnings results on Monday, November 4th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.35). The company had revenue of $462.50 million during the quarter, compared to analyst estimates of $461.97 million. Outfront Media had a net margin of 8.72% and a return on equity of 13.54%. Outfront Media’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.61 EPS. On average, research analysts anticipate that Outfront Media will post 2.19 earnings per share for the current year.
Outfront Media Company Profile
OUTFRONT 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, transit, and mobile assets in North America. Through its ON Smart Media platform, OUTFRONT is implementing digital technology that will fundamentally change the ways advertisers engage audiences on-the-go.
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