Welcome to our dedicated page for Lamar Advertising Co news (Ticker: LAMR), a resource for investors and traders seeking the latest updates and insights on Lamar Advertising Co stock.
Lamar Advertising Co (NASDAQ: LAMR), a leader in outdoor advertising since 1902, provides investors and industry observers with critical updates through this centralized news hub. Our curated collection features official press releases and verified reports covering essential developments in billboard advertising, digital display expansions, and strategic partnerships.
This resource offers stakeholders timely access to earnings announcements, acquisition details, and leadership changes. Users will find updates on Lamar's growing digital network - the largest in the U.S. - alongside regulatory filings and sustainability initiatives impacting the out-of-home advertising sector.
Key content categories include quarterly financial results, new market entries, technology upgrades to digital billboard networks, and collaborations with municipal authorities. All materials are sourced directly from Lamar's investor relations team and SEC filings to ensure accuracy.
Bookmark this page for streamlined tracking of Lamar's operational milestones and advertising industry trends. Regular updates provide essential insights for evaluating the company's position in the evolving media landscape.
Lamar Advertising Company (LAMR) has announced two significant shareholder-focused initiatives. The company declared a quarterly cash dividend of $1.55 per share, payable on June 30, 2025, to stockholders of record as of June 16, 2025. The company projects total distributions for 2025 to reach at least $6.20 per common share.
Additionally, after completing $150 million in stock repurchases under its existing program, Lamar's board has approved a $150 million increase to its stock repurchase authorization. This brings the total amount available for future repurchases to $250 million.
Lamar Advertising Company (NASDAQ: LAMR) reported its Q1 2025 financial results, marking its 16th consecutive quarter of acquisition-adjusted revenue growth. Net revenues increased 1.5% to $505.4 million, while net income surged 77.4% to $139.2 million, primarily due to a $67.7 million gain from selling its Vistar Media stake. Adjusted EBITDA slightly decreased by 0.8% to $210.2 million.
The company's diluted AFFO per share rose 3.9% to $1.60. During Q1, Lamar repurchased 164,529 shares for $18.4 million, followed by an additional 1.2 million shares in April for $131.6 million, leaving $100 million remaining in its buyback program. The company maintains its previous full-year diluted AFFO guidance.
Lamar Advertising Company (NASDAQ: LAMR) announced that CEO Sean Reilly will participate in a Q&A session at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference. The session is scheduled for May 13, 2025, at 4:30 pm EST. Investors can access the live audio webcast through Lamar's website (www.lamar.com), where it will remain archived for 30 days.
Lamar Advertising Company (NASDAQ: LAMR) has acquired Premier Outdoor Media in an all-cash transaction, strengthening its presence in the Northeast Corridor. The acquisition adds nearly 200 billboard faces, including 45 digital units, across key markets in New Jersey, Delaware, Maryland, Pennsylvania and New York.
Premier Outdoor Media, founded in 2018 through Caruth Capital Partners, had achieved significant growth under the leadership of Dominick Vastino and Sean Corbett, increasing its digital display count by over 500% to become the largest independent digital OOH network in the Philadelphia DMA. Financial terms of the transaction were not disclosed.
Lamar Advertising Company (Nasdaq: LAMR) has announced it will release its first quarter 2025 earnings report before market opens on Thursday, May 8, 2025. The company will host a conference call the same day at 8:00 a.m. Central time to discuss results and answer operational questions.
The earnings call can be accessed via phone using 1-800-420-1271 or 1-785-424-1634 with passcode 63104. A live webcast will be available at ir.lamar.com, with replay access through May 15, 2025 at 11:59 p.m. Eastern time.
Lamar Advertising Company (LAMR) reported its Q4 and full-year 2024 results. Q4 net revenue increased 4.3% to $579.6 million, though the company recorded a net loss of $1.0 million compared to net income of $149.3 million in Q4 2023. The loss was primarily due to a $159.7 million asset retirement obligation adjustment.
For full-year 2024, net revenue grew 4.6% to $2.21 billion, while net income decreased 26.9% to $362.9 million. Adjusted EBITDA rose 4.8% to $1.03 billion. The company's cash flow from operations increased by $90.0 million to $873.6 million.
Notable developments include T-Mobile's acquisition of Vistar Media, from which Lamar received $115.1 million for its 20% stake, with potential for an additional $15.1 million. For 2025, Lamar projects diluted AFFO per share between $8.13 and $8.28.
Lamar Advertising Company (Nasdaq: LAMR) has announced its board of directors has declared a quarterly cash dividend of $1.55 per share, payable on March 28, 2025, to stockholders of record of both Class A and Class B common stock as of March 14, 2025.
The company, which is a leading owner and operator of outdoor advertising and logo sign displays, expects total aggregate quarterly distributions to stockholders in 2025 to be at least $6.20 per common share, subject to board approval. This projection includes the March 28, 2025 dividend payment.
Lamar Advertising Company (Nasdaq: LAMR) announced that CEO Sean Reilly will participate in a Q&A session at the Citi 2025 Global Property CEO Conference. The session is scheduled for Monday, March 3, 2025, at approximately 3:35 p.m. EST. The event will be accessible through a live audio webcast on Lamar's website and will remain archived for 30 days.
Lamar Advertising Company (Nasdaq: LAMR) has announced that CEO Sean Reilly will participate in a question-and-answer session at the Morgan Stanley Technology, Media and Telecom Conference. The session is scheduled for Wednesday, March 5, 2025, at approximately 2:30 p.m. EST. The event will be accessible through a live audio webcast on Lamar's website and will remain archived for 30 days.
Lamar Advertising Company (LAMR) has released its tax reporting information for 2024 distributions on Class A and Class B common stock. The company made four quarterly distributions throughout 2024:
- March 28: $1.30 per share
- June 28: $1.30 per share
- September 30: $1.40 per share
- December 30: $1.65 per share
For each distribution, the entire amount was classified as ordinary taxable dividend, with a portion qualifying as qualified taxable dividend and Section 199A dividend. There was no return of capital component in any of the distributions. The December distribution marked the highest quarterly payout at $1.65 per share.
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