Lamar Advertising

Lamar Advertising Co. engages in advertising services. The firm rents advertising space on billboards, buses, shelters, benches, logo plates, and in airport terminals. The company was founded in 1902 and is headquartered in Baton Rouge, LA.

Earnings data Q1 2021

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Lamar Advertising (LAMR) reports record-breaking 2022 performance amidst digital challenges

Lamar Advertising (LAMR) delivered a stellar performance in 2022, achieving record revenues, EBITDA, and AFFO levels, despite challenges from weakening national demand.
The company's strategic focus on M&A integration, expense management, and technology initiatives positions it well to capitalize on growth opportunities in 2023.
Investors can look forward to a strong dividend outlook, continued AFFO growth, and operational enhancements driving efficiency and liquidity improvements.

Lamar Advertising (LAMR) reports steady Q1 growth, eyes digital expansion

Lamar Advertising's Q1 2023 performance showed steady growth, with digital billboards and local sales driving revenue. Despite challenges like declining AFFO and limited M&A activity, the company remains focused on maintaining strong financial metrics and exploring growth opportunities.

Lamar Advertising reports Q2 growth but faces revenue outlook challenges

Lamar Advertising's Q2 performance showed growth but challenges lie ahead with customer hesitancy impacting revenue outlook. The company's focus on expense control and digital revenue growth present opportunities for future expansion.

Lamar Advertising reports robust Q3 performance and eyes growth in 2024

Lamar Advertising showcased resilience and efficiency in Q3, with strong operating margins and strategic acquisitions driving growth.
While facing challenges in national campaigns and sales, the company's focus on local markets and digital expansion remains a key strength.
Looking ahead, Lamar Advertising is poised for continued success in 2024, leveraging its financial stability and market positioning for growth opportunities.

Lamar Advertising surpasses AFFO expectations amidst ad spend challenges

Lamar Advertising navigated challenges in ad spend recession, showing revenue growth and strong margins. The company exceeded AFFO expectations and plans strategic debt repayment for future growth opportunities.

Lamar Advertising reports Q1 growth, boosts guidance, eyes tech transformation

Lamar Advertising delivered a strong performance in Q1 2024, with revenue and EBITDA growth despite challenges from COVID relief grant comparisons.
The company's focus on debt reduction, technology transformation, and industry optimism signals a strategic approach to future growth and shareholder value.
With increased AFFO guidance, diverse sector strength, and a solid balance sheet strategy, Lamar Advertising is well-positioned for continued success and investment opportunities.

Lamar Advertising reports Q3 growth, boosts digital revenue and guidance

Lamar Advertising delivered solid top-line growth in Q3, with an increased dividend to $1.40 per share. The extension of the AR securitization facility until October 2027 provides financial flexibility for future investments and operations.

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Lamar will donate local and national digital billboard space to support donation drives, recruit volunteers and showcase wishes granted PHOENIX , March 7, 2023 /PRNewswire/ -- Lamar Advertising, one of the largest outdoor advertising companies in the world, has selected Make-A-Wish as its in-kind partner for 2023. Lamar will donate more than one million dollars in Digital Out of Home media to support the organization's fundraising efforts and continue to raise awareness of the mission-critical resources needed to grant wishes that can help children battling critical illnesses build the physical and emotional strength needed to manage, and even, overcome their illness.

Make-A-Wish and Lamar Advertising enter yearlong pro bono partnership

BATON ROUGE, La., March 02, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in an outdoor advertising panel at the Wolfe Research Third Annual Real Estate and Housing Conference on Thursday, March 2, 2023 at approximately 11:00 a.m. EST.

Lamar Advertising to appear at the Wolfe Research Real Estate and Housing Conference

BATON ROUGE, La., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the Citi 2023 Global Property CEO Conference on Monday, March 6, 2023 at approximately 1:40 p.m. EST.

Lamar Advertising to Appear at the Citi 2023 Global Property CEO Conference

Lamar's (LAMR) Q4 results reflect strong local sales, which help offset the declining demand from national customers. However, this REIT provides a lower-than-expected 2023 projection.

Lamar (LAMR) Beats Q4 AFFO, Issues Soft '23 View, Stock Down

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U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-of-five weekly gains to start the year - the S&P 500 dipped 2.7% while the Nasdaq declined over 3%.

Inflation Remains A Problem

Lamar Advertising Company (NASDAQ:LAMR ) Q4 2022 Earnings Conference Call February 24, 2023 9:00 AM ET Company Participants Sean E. Reilly - CEO Jay L.

Lamar Advertising Company (LAMR) Q4 2022 Earnings Call Transcript

Lamar (LAMR) delivered FFO and revenue surprises of 1.60% and 0.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lamar Advertising (LAMR) Beats Q4 FFO Estimates

Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2022 Operating Results

BATON ROUGE, La., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.25 per share payable on March 31, 2023 to stockholders of record of Lamar's Class A common stock and Class B common stock on March 17, 2023. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2023, including the dividend payable on March 31, 2023, will total $5.00 per common share.

Lamar Advertising Company Announces Cash Dividend on Common Stock & Extension of Stock and Debt Repurchase Programs

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From the bright lights of Times Square to the iconic signage on LA's Sunset Strip, advertising billboards have been an inescapable fixture of the typical American commute for decades. Billboard REITs own a commanding share of the nation's 500,000 outdoor advertising displays - a surprisingly resilient business that has seen revenues and profitability fully recover to pre-pandemic levels.

Billboard REITs: We're Paying Attention (Lamar Vs. Outfront)

REITs are off to a good start this year, and Billboard REITs are doing even better. Shares in Lamar Advertising have climbed 28% since October 13.

Lamar Advertising: The Signs Are Positive

BATON ROUGE, La., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its fourth quarter ended December 31, 2022 earnings report before the market opens on Friday, February 24, 2023. Lamar will host a conference call on Friday, February 24, 2023 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.

Lamar Advertising Company to Release Fourth Quarter Ended December 31, 2022 Operating Results

BATON ROUGE, La., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2022 distributions on its Class A and Class B common stock (“Common Stock”).

Lamar Advertising Announces Tax Reporting Information For 2022 Distributions on Common Stock

BATON ROUGE, La., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.20 per share and a special cash dividend of $0.30 per share, both payable on December 30, 2022 to stockholders of record of Lamar's Class A common stock and Class B common stock on December 19, 2022.

Lamar Advertising Company Announces Cash Dividends on Common Stock

A healthy operating performance, strategic acquisitions and a robust balance-sheet position are likely to drive Lamar's (LAMR) growth. However, stiff competition from other forms of media is a woe.

Here's Why Lamar Advertising (LAMR) is an Apt Portfolio Pick

Solid US advertising market recovery, a healthy operating performance and a robust balance-sheet position drive Lamar's (LAMR) 19.9% QTD rise.

Here's Why Lamar Advertising (LAMR) Shares Soared 19.9% QTD

Lamar Advertising has done well to grow its top and bottom lines this year, largely thanks to acquisitions. Cash flows are robust and the future for the company looks bright from an operational perspective.

Lamar Advertising: Signs Of Growth Continue

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Despite pandemic, geopolitical tensions and uneven recovery of sectors, Zacks REIT and Equity Trust - Other industry stocks VICI, LAMR and CLDT should benefit from the holiday season, improvement in lodging and solid advertising recovery.

3 Equity REIT Stocks Poised to Overcome Industry Hiccups

Lamar's (LAMR) Q3 results outshine estimates. The top line grows year over year, aided by continued sales momentum across its billboard, transit and airport and logos businesses.

Lamar's (LAMR) AFFO and Revenues Surpass Estimates in Q3

Lamar Advertising Company (NASDAQ:LAMR ) Q3 2022 Earnings Conference Call November 4, 2022 9:00 AM ET Company Participants Sean Reilly - Chief Executive Officer Jay Johnson - Chief Financial Officer Conference Call Participants Richard Choe - JPMorgan Operator Good evening, everyone. [Operator Instructions] Excuse me, everyone.

Lamar Advertising Company (LAMR) Q3 2022 Earnings Call Transcript

Lamar (LAMR) delivered FFO and revenue surprises of 7.41% and 1.20%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lamar Advertising (LAMR) Q3 FFO and Revenues Beat Estimates

Lamar Advertising Company Announces Third Quarter Ended September 30, 2022 Operating Results

BATON ROUGE, La., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its third quarter ended September 30, 2022 earnings report before the market opens on Friday, November 4, 2022. Lamar will host a conference call on Friday, November 4, 2022 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.

Lamar Advertising Company to Release Third Quarter Ended September 30, 2022 Operating Results

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The carnage at the stock markets this year has been unprecedented. Naturally, with risk-off sentiment in the market, investors are looking to pivot toward dividend stocks to buy.

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Ads tend to be pretty sensitive to consumer confidence. Somehow, billboard spending seems to be staying strong. Political and entertainment ads are beginning to show some vigor as have education and sports.

Lamar Shows That There's Still An Ads Market, But Contracts Are Short

News for Lamar Advertising Stock (LAMR)