Lamar(LAMR)

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Lamar Advertising: A Unique REIT With Margin Expansion And AFFO Growth Potential
Seeking Alpha· 2024-07-15 17:43
Moonstone Images/iStock Unreleased via Getty Images Introduction Lamar Advertising (NASDAQ:LAMR) is a unique REIT specializing in outdoor advertising for things like billboards and large display posters that you might see on a highway. While you might think that this is a declining industry, the company has actually demonstrated a proven track record of consistent revenue and EBITDA growth over the past several years. While the latest quarter missed analysts' expectations, I think that the company is positi ...
Lamar Advertising Company to Release Second Quarter Ended June 30, 2024 Operating Results
GlobeNewswire News Room· 2024-07-08 20:15
BATON ROUGE, La., July 08, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its second quarter ended June 30, 2024 earnings report before the market opens on Thursday, August 8, 2024. Lamar will host a conference call on Thursday, August 8, 2024 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations. Instructions for dialing into Lamar's conference call are provided below: | --- | --- | |---------------|---------------| ...
Lamar Advertising's (LAMR) Stock Gains 11.7% YTD: Here's Why
zacks.com· 2024-05-24 17:25
Shares of Lamar Advertising (LAMR) have risen 11.7% year to date against its industry's decline of 10.2%. The company currently carries a Zacks Ranks #2 (Buy). Earlier this month, this real estate investment trust (REIT), headquartered in Baton Rouge, LA, reported first- quarter 2024 adjusted funds from operations (AFFO) per share of $1.54, which beat the Zacks Consensus Estimate of $1.52. The figure also compared favorably with the prior-year quarter's tally of $1.41. Quarterly net revenues of $498.2 milli ...
Lamar Advertising Company Announces Cash Dividend on Common Stock
globenewswire.com· 2024-05-16 20:15
BATON ROUGE, La., May 16, 2024 (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 $1.30 per share payable on June 28, 2024 to stockholders of record of Lamar's Class A common stock and Class B common stock on June 17, 2024. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 202 ...
Lamar Advertising Company Announces Cash Dividend on Common Stock
Newsfilter· 2024-05-16 20:15
BATON ROUGE, La., May 16, 2024 (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 $1.30 per share payable on June 28, 2024 to stockholders of record of Lamar's Class A common stock and Class B common stock on June 17, 2024. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 202 ...
What Makes Lamar Advertising (LAMR) a Solid Portfolio Pick?
Zacks Investment Research· 2024-05-13 14:20
Shares of Lamar Advertising (LAMR) have risen 14.6% over the past three months compared with the industry’s growth of 1.9%.The impressive footprint of outdoor advertising assets, the unmatched logo sign business, a diversified tenant base across various sectors and a focus on local businesses are tailwinds for Lamar.Moreover, the estimate revision trend for 2024 funds from operations (FFO) per share indicates a favorable outlook for this Zacks Rank #2 (Buy) company as it has been revised 3.7% northward over ...
Lamar Advertising to appear at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference
Newsfilter· 2024-05-08 21:25
BATON ROUGE, La., May 08, 2024 (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 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024 at approximately 8:00 a.m. ET. The session will be carried live via audio webcast at the Company's website, www.lamar.com, and will be archived for 30 days. About Lamar Advertisin ...
All You Need to Know About Lamar (LAMR) Rating Upgrade to Strong Buy
Zacks Investment Research· 2024-05-06 17:01
Lamar Advertising (LAMR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The powe ...
Lamar(LAMR) - 2024 Q1 - Earnings Call Transcript
2024-05-02 16:30
Lamar Advertising Company (NASDAQ:LAMR) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Sean Reilly - Chief Executive Officer Jay Johnson - Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Jason Bazinet - Citi Operator Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference. [Operator Instructions] In the course of this discussion, Lamar may make forward-looking statements regarding the company, including statements about i ...
Lamar(LAMR) - 2024 Q1 - Quarterly Report
2024-05-02 16:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q ________________________________________________________ x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 For the transition period from to Commission File Number 1-36756 __________________________________ Lamar Advertising Company ________________________________________________ Commission File Number 1-12 ...