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Outfront Media Inc - OUT STOCK NEWS

Welcome to our dedicated page for Outfront Media news (Ticker: OUT), a resource for investors and traders seeking the latest updates and insights on Outfront Media stock.

Outfront Media Inc (OUT) is a leading real estate investment trust specializing in out-of-home advertising, offering investors and industry professionals timely updates on its market activities. This page serves as a centralized hub for official announcements, financial disclosures, and strategic developments impacting the company’s position in the advertising sector.

Access curated press releases covering quarterly earnings, new partnerships, technological advancements in digital displays, and portfolio expansions. Investors will find essential updates on dividend declarations, capital allocation strategies, and operational milestones that shape OUT’s performance in the REIT landscape.

Discover insights into Outfront Media’s innovations in programmatic advertising platforms, transit advertising contracts, and sustainability initiatives. Content is organized to help users efficiently track regulatory filings, leadership changes, and market expansion efforts across major urban centers.

Bookmark this page for direct access to verified information from Outfront Media and third-party analyses. Check regularly to stay informed on evolving trends in outdoor advertising and the company’s role in shaping industry standards through data-driven solutions.

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OUTFRONT Media Inc. (NYSE: OUT) will announce its fiscal year and fourth-quarter results for 2020 on February 25, 2021, after market close. The announcement can be found on their website's Investor Relations section. Following the results, a conference call will be held on the same day at 4:30 p.m. Eastern Time, accessible via phone and online streaming. OUTFRONT Media aims to innovate advertising through technology and a vast array of outdoor assets in North America, connecting brands to consumers.

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OUTFRONT Media Inc. (NYSE: OUT) has priced a private offering of $500 million in 4.250% Senior Notes due in 2029. The offering is set to close on January 19, 2021, subject to customary conditions. Proceeds will be used to redeem all outstanding 5.625% Senior Notes due 2024 and pay related fees and interest. The notes will be guaranteed by OUTFRONT and its subsidiaries. They are offered to qualified institutional buyers under Rule 144A of the Securities Act, and not registered for public sale in the U.S.

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OUTFRONT Media Inc. (NYSE: OUT) is set to present at the Citi 2021 Global TMT West Virtual Conference on January 7, 2021, at 11:00 a.m. Eastern Time. The presentation will be led by Jeremy Male, the company's Chairman and CEO. Interested parties can access a live and replay audio webcast on the investor relations section of OUTFRONT's website, www.OUTFRONTmedia.com. The company emphasizes technology and creativity in connecting brands with consumers via diverse outdoor advertising assets.

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OUTFRONT Media reported Q3 2020 results with revenues of $282.3 million, down 39% year-over-year, primarily due to COVID-19's impact on advertising. Billboard revenue fell 23.1%, and transit revenue declined 71.8%. Significant cost reductions improved Adjusted OIBDA to $68.5 million, a 51.2% decrease. Net loss attributable to the company was $13.5 million, compared to a profit of $38.7 million in Q3 2019. Due to the pandemic, the quarterly dividend on common stock was suspended to maintain liquidity. The company holds $690.6 million in cash and $498.4 million available under its credit facility.

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OUTFRONT Media Inc. (NYSE:OUT) announced the winners of the 2020 OUTFRAME competition, celebrating non-commercial art in advertising. Daniel Moran, Dinesh Boaz, Valentina Elegante, and Danny Potts from Future First Studio won first place for their piece titled "Selfless Love," depicting unity and social action. Starting today, this artwork will be showcased on digital billboards nationwide, with OUTFRONT donating media support to a charity of the winners' choice. Other notable entries included works by Ryan Christenson and Daniel Waldon.

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OUTFRONT Media Inc. (NYSE: OUT) will report its quarterly results for the period ending September 30, 2020 on November 4, 2020, after market closure. A conference call will be held the same day at 4:30 p.m. Eastern Time to discuss these results. U.S. callers can join at 888-394-8218 while international participants can call 856-344-9221, using passcode 4832171. The results and subsequent conference call will be available on the OUTFRONT Media Investor Relations website.

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OUTFRONT Media Inc. (NYSE: OUT) has extended the submission deadline for its second annual OUTFRAME competition to October 7, 2020. The theme for this year's contest is 'out of love.' The winner will be announced following the presidential election on November 3, and their artwork will be showcased on digital out of home (OOH) platforms nationwide during November. Additionally, the winner's chosen charity will benefit from a one-month digital OOH campaign in January.

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OUTFRONT Media Inc. (NYSE: OUT) has announced the completion of the sale of its Sports Marketing operating segment to Playfly Sports. This segment holds marketing and multimedia rights for various colleges and universities across the United States. The strategic move follows OUTFRONT's focus on leveraging technology and creativity to connect brands with consumers through its expansive outdoor advertising assets.

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OUTFRONT Media Inc. (NYSE: OUT) announced that its CEO, Jeremy Male, will present at the Goldman Sachs 29th Annual Communacopia Conference on Wednesday, September 16, 2020, at 2:55 p.m. Eastern Time. A live and replay audio webcast of the session will be accessible on the company's investor relations website. OUTFRONT Media utilizes technology and creativity to connect brands with consumers through a diverse range of billboard, transit, and mobile assets across North America.

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Outfront Media Inc

NYSE:OUT

OUT Rankings

OUT Stock Data

2.41B
137.60M
5.85%
102.17%
10.09%
REIT - Specialty
Real Estate Investment Trusts
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United States
NEW YORK