Digital Advertising StrategyThe company's focus on digital billboard assets can enhance revenue and profitability outlook, as digital displays generate significantly more revenue per display than traditional static billboards.
Dividend And YieldThe company reaffirmed a $1.20 annual dividend rate, declaring $0.30 per share for the quarter, providing a 7.8% yield.
Financial PerformanceAnalysts believe the inflection at Transit and peer-leading consolidated EBITDA growth will drive a re-rating and narrow the valuation gap.