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Outfront Expands Media Transit Footprint in Washington D.C.
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Outfront Media Inc. (OUT - Free Report) announced that it will start working with its most recent partner the Massachusetts Bay Transportation Authority (“MBTA”) for the installation of the ON Smart Media Liveboards in the MBTA system. Printed displays in MBTA’s bus and rail inventory will also be managed by Outfront.
Also, Outfront completed the installation of ON Smart Liveboards across 24 additional rail stations in the Washington Metropolitan Area Transit Authority's (“WMATA”) metrorail system in Washington, D.C. This network will enable the advertisers gain the necessary attention of the audience through the use of technology platform.
Outfront’s partnerships with MBTA and WMATA will solidify its position and pave the way for the implementation of its ON Smart platform.
Shares of Outfront outperformed the Zacks categorized REIT and Equity Trust - Other, year to date. During the same time span, shares of the company grew 14.7%, whereas the industry gained 3.3%. Further, over the past 60 days, current year estimates for Outfront rose 1.5% to $2.07 per share.
Outfront currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the real estate space include AGNC Investment Corp. (AGNC - Free Report) , Seritage Growth Properties (SRG - Free Report) and DCT Industrial Trust Inc. . While AGNC Investment sports a Zacks Rank #1 (Strong Buy), both Seritage Growth and DCT Industrial Trust carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
AGNC Investment’s current-year estimates have moved up 7.3% to $2.36 per share, over the past 60 days.
Seritage Growths’ current-year estimates have moved up 0.9% to $2.34 per share, over the past 60 days.
DCT Industrial Trust’s current-year estimates have moved up 2.3%, over the past 60 days to $2.24 per share.
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Outfront Expands Media Transit Footprint in Washington D.C.
Outfront Media Inc. (OUT - Free Report) announced that it will start working with its most recent partner the Massachusetts Bay Transportation Authority (“MBTA”) for the installation of the ON Smart Media Liveboards in the MBTA system. Printed displays in MBTA’s bus and rail inventory will also be managed by Outfront.
Also, Outfront completed the installation of ON Smart Liveboards across 24 additional rail stations in the Washington Metropolitan Area Transit Authority's (“WMATA”) metrorail system in Washington, D.C. This network will enable the advertisers gain the necessary attention of the audience through the use of technology platform.
Outfront’s partnerships with MBTA and WMATA will solidify its position and pave the way for the implementation of its ON Smart platform.
Shares of Outfront outperformed the Zacks categorized REIT and Equity Trust - Other, year to date. During the same time span, shares of the company grew 14.7%, whereas the industry gained 3.3%. Further, over the past 60 days, current year estimates for Outfront rose 1.5% to $2.07 per share.
Outfront currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the real estate space include AGNC Investment Corp. (AGNC - Free Report) , Seritage Growth Properties (SRG - Free Report) and DCT Industrial Trust Inc. . While AGNC Investment sports a Zacks Rank #1 (Strong Buy), both Seritage Growth and DCT Industrial Trust carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
AGNC Investment’s current-year estimates have moved up 7.3% to $2.36 per share, over the past 60 days.
Seritage Growths’ current-year estimates have moved up 0.9% to $2.34 per share, over the past 60 days.
DCT Industrial Trust’s current-year estimates have moved up 2.3%, over the past 60 days to $2.24 per share.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>