Lamar Advertising Company (LAMR)

US — Real Estate Sector
Peers: GLPI  AMH  REG  ELS  OHI  KIM  HST  NLY  RITM 

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News

Lamar Advertising: An Eye-Catching REIT That's Set To Grow
LAMR
Published: February 24, 2025 by: Seeking Alpha
Sentiment: Positive

Lamar Advertising is a unique REIT focused on outdoor advertising, a resilient and growing segment that's unaffected by cord-cutting issues plaguing traditional media. LAMR's strong financial performance in 2024, driven by local and programmatic ad growth, and a robust digital expansion strategy, positions it for continued AFFO growth. With a 4.6% dividend yield, a 76% payout ratio, and a reasonable valuation, LAMR presents a compelling opportunity for income and growth-focused investors.

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Lamar Advertising: Pullback Provides Opportunity (Rating Upgrade)
LAMR
Published: February 24, 2025 by: Seeking Alpha
Sentiment: Positive

Lamar Advertising Company shares have dipped due to disappointing guidance, but the pullback presents a buying opportunity given the company's strong fundamentals and attractive valuation. Despite a penny loss in Q4, Lamar's core business remains solid with a 4% revenue increase and robust EBITDA margins, driven by local advertising. The company's focus on digital billboard upgrades and potential M&A, supported by a strong balance sheet, positions it for future growth beyond the current 3-4% range.

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image for news Lamar Advertising: Pullback Provides Opportunity (Rating Upgrade)
Lamar Advertising Company (LAMR) Q4 2024 Earnings Call Transcript
LAMR
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral

Lamar Advertising Company (NASDAQ:LAMR ) Q4 2024 Results Conference Call February 20, 2025 9:00 AM ET Company Participants Sean Reilly - CEO & President Jay Johnson - EVP, CFO & Treasurer Conference Call Participants Cameron McVeigh - Morgan Stanley David Karnovsky - JPMorgan Daniel Osley - Wells Fargo Lance Vitanza - TD Cowen Operator Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference.

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image for news Lamar Advertising Company (LAMR) Q4 2024 Earnings Call Transcript
Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2024 Operating Results
LAMR
Published: February 20, 2025 by: GlobeNewsWire
Sentiment: Neutral

Three Month Results Net revenue was $579.6 million Net loss was $(1.0) million Adjusted EBITDA was $278.5 million Twelve Month Results Net revenue was $2.21 billion Net income was $362.9 million Adjusted EBITDA was $1.03 billion BATON ROUGE, La., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Company's operating results for the fourth quarter and year ended December 31, 2024.

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image for news Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2024 Operating Results

About Lamar Advertising Company (LAMR)

  • IPO Date 1996-08-02
  • Website https://www.lamar.com
  • Industry REIT - Specialty
  • CEO Sean E. Reilly
  • Employees 3500

Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 3,800 displays.