Outfront Media traded at $26.16 this Friday February 20th, increasing $0.87 or 3.44 percent since the previous trading session. Looking back, over the last four weeks, Outfront Media gained 3.15 percent. Over the last 12 months, its price rose by 45.01 percent. Looking ahead, we forecast Outfront Media to be priced at 25.35 by the end of this quarter and at 23.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
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 inventory consists of billboard displays, which are primarily located on the heavily traveled highways and roadways in top Nielsen Designated Market Areas (DMAs), and transit advertising displays operated under multi-year contracts with municipalities in cities across the United States and Canada. The Company's segments include U.S. Media and Other. The U.S. Media segment includes U.S. Billboard and Transit. The Company has displays in approximately 25 markets in the United States and approximately 150 markets across the United States and Canada. In addition to providing location-based displays, it is also focused on delivering mass and targeted audiences to its customers.