OUTFRONT Media (OUT) is having a Dividend Yield of 4.92% with the Annual cash Dividend per share of $1.36. The last quarter cash dividend per share pay out was $0.34. OUTFRONT Media has a 5 year average dividend yield of 4.76% and the stock has a Indicated annual dividend of $1.36. OUTFRONT Media (OUT) formally announced its most recent dividend on October 28, 2016 with a Dividend per share of $0.34. The new indicated annual dividend based on announced dividend per share is $1.36. The dividend yield based on the forward looking indicated annual dividend is 4.92%. OUTFRONT Media (OUT) has the most recent dividend payout ratio of 0.64 with a 5-year average payout ratio of . The 5 year historical dividend growth of OUTFRONT Media (OUT) is at the rate of 24.01% while the R-Squared dividend growth is 0.2. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
OUTFRONT Media Inc. (NYSE:OUT) witnessed a decline in the market cap on Thursday as its shares dropped 1.63% or 0.45 points. After the session commenced at $27.65, the stock reached the higher end at $27.89 while it hit a low of $27.13. With the volume soaring to 573,577 shares, the last trade was called at $27.2. The company has a 52-week high of $27.89. The company has a market cap of $3,755 million and there are 138,042,200 shares in outstanding. The 52-week low of the share price is $18.12. Shares of Outfront Media Inc. rose by 0.82% in the last five trading days and 1.87% for the last 4 weeks. Outfront Media Inc. is up 24.96% in the last 3-month period. Year-to-Date the stock performance stands at 9.37%.
Currently the company Insiders own 0.36% of OUTFRONT Media Inc. shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 4.64%. Company has reported several Insider transactions to the SEC, on Sep 15, 2016, Andrew Sriubas (EVP,Strategic Planning & Dev.) purchased 6,000 shares at 20.88 per share price.On Sep 12, 2016, Jeremy J. Male (CEO) purchased 5,000 shares at 21.38 per share price.On Sep 6, 2016, Donald R Shassian (CFO) purchased 5,000 shares at 21.90 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Outfront Media Inc was Downgraded by Goldman to Neutral on Jan 17, 2017. Outfront Media Inc was Upgraded by Wells Fargo to Outperform on Nov 22, 2016.
Outfront Media Inc Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $0.53. The company had revenue of $382.80 million for the quarter, compared to analysts expectations of $382.38 million. The companys revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.
Outfront Media, Inc. is a lessor of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The Companys portfolio primarily consists of billboard displays. It provides other value-added services to its customers, such as pre-campaign category research, creative design support and post-campaign tracking and analytics. The Companys media products also include bulletins and wallscapes, spectaculars, digital billboards, buses and street furniture. It serves a range of customers that includes consumer-focused companies in the entertainment, retail, healthcare, telecom, restaurant, financial services, travel and leisure and automotive industries. Outfront Media Inc., formerly known as CBS Outdoor Americas Inc., is headquartered in New York.