Outfront Media (NYSE:OUT) released its quarterly earnings results on Tuesday. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.31), Yahoo Finance reports. Outfront Media had a return on equity of 9.57% and a net margin of 7.71%.
Shares of Outfront Media (NYSE:OUT) traded up $0.28 during trading hours on Thursday, reaching $20.79. The company had a trading volume of 483,446 shares, compared to its average volume of 867,640. Outfront Media has a 1 year low of $20.16 and a 1 year high of $26.99. The company has a market cap of $2,987.61, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 1.50 and a beta of 1.01. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.23 and a current ratio of 1.23.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 9th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.44 annualized dividend and a yield of 6.93%. Outfront Media’s payout ratio is 171.43%.
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Outfront Media Company Profile
OUTFRONT Media Inc is a real estate investment trust (REIT), which provides advertising space (displays) on out-of-home advertising structures and sites in the United States and Canada. The Company’s segments are U.S. Media and Other. The U.S. Media segment includes U.S. Billboard and Transit. The Other segment includes International and Sports Marketing.
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