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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Acushnet Hlds

Hub Group

TTM Technologies

Visa

After jobless claims underperformed yesterday, Treasury Secretary Janet Yellen's stimulus push sent many cyclical stocks higher. To make the most of this market, Q.ai's Artificial Intelligence has found you today's best top buys.

Top Buys Today As More Stimulus Hopes Push Stocks Higher

CareTrust REIT

Marriott

Dave & Buster's

Wynn Resorts

Not all stocks in the tech-heavy Nasdaq have done well.

Are These 5 Beaten-Down Nasdaq Stocks Ready to Surge in 2021?

BATON ROUGE, La., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2020 distributions on its Class A and Class B common stock (“Common Stock”).

Lamar Advertising Announces Tax Reporting Information For 2020 Distributions on Common Stock

Proceeds from Lamar's (LAMR) $555-million senior notes offering will be used to repay debt obligations due in 2026. This is likely to enhance its financial flexibility.

Lamar (LAMR) to Offer $555M Senior Notes, To Repay Debt

CoreCivic

GEO Group

Gaming and Leisure Properties

OUTFRONT Media

SL Green Realty

Urstadt Biddle Properties

Vici Properties

Vanguard Real Estate ETF

In most cases, I prefer to buy REITs than private real estate.

Why I Buy Real Estate Instead Of REITs

BATON ROUGE, La., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its fourth quarter ended December 31, 2020 earnings report before the market opens on Friday, February 26, 2021. Lamar will host a conference call on Friday, February 26, 2021 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, 2020 Operating Results

BATON ROUGE, La., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) announced today that it is seeking to raise approximately $550.0 million through an institutional private placement of senior notes (the “Notes”) by its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”). The Notes will be guaranteed on a senior unsecured basis by substantially all of Lamar Media's domestic subsidiaries. The completion of the proposed offering depends upon several factors, including market conditions.

Lamar Advertising Company Announces Proposed Private Offering of Senior Notes

BATON ROUGE, La., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”), intends to redeem in full all $650,000,000 in aggregate principal amount of its outstanding 5 3/4% Senior Notes due 2026 (CUSIP No. ‎513075BL4‎) (the “Notes”), subject to the satisfaction of the Financing Condition (as defined below). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.

Lamar Advertising Company Announces Conditional Redemption of 5 3/4% Senior Notes Due 2026

Americold Realty

Jones Lang LaSalle

Redfin

Rexford Industrial Realty

According to the GuruFocus All-in-One Screener as of Jan. 4, the following real estate stocks are popular among gurus.

5 Real Estate Stocks Popular Among Gurus

Lamar (LAMR) reported earnings 30 days ago. What's next for the stock?

Why Is Lamar (LAMR) Up 9.8% Since Last Earnings Report?

Global Self Storage

Toro

Lamar Advertising Co (NASDAQ:LAMR), Global Self Storage Inc (NASDAQ:SELF) and The Toro Co (NYSE:TTC) announced quarterly dividends on Tuesday, Dec. 1.

3 Loyal Payers Announce Dividends

Lamar is a leading outdoor advertising company with a large footprint and high market share. Company performed relatively well through COVID and is starting to see an inflection in growth, particularly as we enter Q4.

Lamar: Outdoor Advertising At A Compelling Valuation

BATON ROUGE, La., Nov. 12, 2020 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, Chief Executive Officer, and Jay Johnson, Chief Financial Officer, will be providing a company overview at Nareit's REITworld: 2020 Annual Conference on Tuesday, November 17, 2020, at approximately 10:30 am (CT). The conference is being held virtually.

Lamar Advertising to appear at Nareit's REITworld: 2020 Annual Conference

Though Lamar's (LAMR) Q3 results reflect decline in operating expenses, fall in operating income is a concern for the company.

Lamar's (LAMR) Q3 FFO & Revenues Surpass Estimates, Stock Up

Lamar Advertising (LAMR) Q3 2020 Results - Earnings Call Transcript

Lamar (LAMR) delivered FFO and revenue surprises of 11.86% and 2.86%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Lamar Advertising (LAMR) Tops Q3 FFO and Revenue Estimates

Lamar Advertising Company Announces Third Quarter Ended September 30, 2020 Operating Results

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don't always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let's take a look at the recent hedge fund activity surrounding Lamar Advertising Company (REIT) (NASDAQ:LAMR).

Were Hedge Funds Too Early Piling Into Lamar Advertising (LAMR)?

BATON ROUGE, La., Sept.  28, 2020  (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its third quarter ended September 30, 2020 earnings report before the market opens Thursday, November 5, 2020. Lamar will host a conference call on Thursday, November 5, 2020 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, 2020 Operating Results

BATON ROUGE, La., Sept.  16, 2020  (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) announced today that its wholly owned subsidiary, Lamar Media Corp., has commenced an offer to exchange (i) all $600.0 million of its outstanding ‎3 3/4% Senior Notes due 2028‎ (the “2028 Original Notes”), which are not registered under the Securities Act of 1933, as amended (the “Securities Act”), for an equal principal amount of newly issued ‎3 3/4% Senior Notes due 2028‎ that have been registered under the Securities Act (the “2028 Exchange Notes”), (ii) all $400.0 million of its outstanding ‎‎4 7/8% Senior Notes due 2029‎‎ (the “2029 Original Notes”), which are not registered under the Securities Act, for an equal principal amount of newly issued ‎4 7/8% Senior Notes due 2029‎‎ that have been registered under the Securities Act (the “2029 Exchange Notes”), and (iii) all $550.0 million of its outstanding ‎‎‎4% Senior Notes due 2030‎ (the “2030 Original Notes”, and together with the 2028 Original Notes and the 2029 Original Notes, the “Original Notes”), which are not registered under the Securities Act, for an equal principal amount of newly issued ‎‎4% Senior Notes due 2030‎ that have been registered under the Securities Act (the “2030 Exchange Notes”, and together with the 2028 Exchange Notes and 2029 Exchange Notes, the “Exchange Notes”). 

Lamar Advertising Company Announces Commencement of Exchange Offer for 3 3/4% Senior Notes due 2028, 4 7/8% Senior Notes due 2029 and 4% Senior Notes due 2030

BATON ROUGE, La., Sept.  09, 2020  (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 Goldman Sachs 29th Annual Communacopia Conference on Wednesday, September 16, 2020, at approximately 4:35 p.m. (ET).

Lamar Advertising to appear at the Goldman Sachs 29th Annual Communacopia Conference

Why Is Lamar (LAMR) Up 2.2% Since Last Earnings Report?

Lamar Advertising's (LAMR) diverse revenue base and portfolio upgrade over the years position the company favorably. Yet, reduced demand and high debt level are concerns.

Is It Wise to Hold on to Lamar Advertising (LAMR) Stock Now?

Lamar (LAMR) resorts to debt financing with a $150-million senior unsecured notes offering. The proceeds from the offering will be used to address near-term debt maturities.

Lamar (LAMR) to Raise 146.9M With Private Placement of Notes

BATON ROUGE, La., Aug.  17, 2020  (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) announced today that its wholly owned subsidiary, Lamar Media Corp (“Lamar Media”), has agreed to sell $150.0 million of additional 4% Senior Notes due 2030 (the “Notes”) through an institutional private placement. The Notes are being issued as additional notes to the existing $400.0 million aggregate principal amount of ‎4% Senior Notes due 2030 that Lamar Media issued on February 6, 2020 (the “Existing Notes”). Other than with respect to the date of issuance and issue price, the Notes will have the same terms as the Existing Notes.‎ The Notes will be maintained under the same CUSIP numbers as the Existing Notes (except that the Notes ‎issued pursuant to Regulation S will trade separately under a different CUSIP number until 40 days after the issue date of the ‎Notes, but thereafter, the Notes issued pursuant to Regulation S will be maintained under the same CUSIP number as the ‎Existing Notes issued pursuant to Regulation S).‎ The Notes will be guaranteed on a senior unsecured basis by substantially all of Lamar Media’s domestic subsidiaries.

News for Lamar Advertising Stock (LAMR)