Lamar Advertising Co Stock Price, News & Analysis

Lamar Advertising Company (Nasdaq: LAMR), a leading outdoor advertising company, has successfully completed $1.1 billion in refinancing transactions through its subsidiary, Lamar Media Corp. The refinancing includes a $400 million private placement of 5.375% Senior Notes due 2033 and a new $700 million Term Loan B facility with pricing at 150 basis points over SOFR.

The leverage-neutral transactions will boost Lamar's liquidity to over $800 million, while reducing floating interest rate exposure and extending debt maturity. The proceeds will be used to repay existing debt, including the revolving credit facility, Accounts Receivable Securitization Program, and refinancing of the existing $600 million Term Loan B.

Lamar Advertising Company (Nasdaq: LAMR) announced that its subsidiary, Lamar Media Corp., has priced a $400.0 million private offering of senior notes due 2033 with a 5.375% interest rate. The notes will be guaranteed by most of Lamar Media's domestic subsidiaries on a senior unsecured basis.

The company expects to receive approximately $393.5 million in net proceeds after fees and expenses. The offering is expected to close around September 25, 2025. Lamar Media plans to use the proceeds to repay outstanding debt under its revolving credit facility and Accounts Receivable Securitization Program.

Lamar Advertising Company (Nasdaq: LAMR) announced plans to raise $400.0 million through a private placement of senior notes via its subsidiary Lamar Media Corp. The notes will be guaranteed on a senior unsecured basis by most of Lamar Media's domestic subsidiaries.

The company intends to use the proceeds to repay existing debt under its revolving credit facility and Accounts Receivable Securitization Program. The offering's completion is subject to market conditions and other factors. The notes will be offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Lamar Advertising Company (Nasdaq: LAMR), a leading outdoor advertising and logo sign displays operator, has declared a quarterly cash dividend of $1.55 per share. The dividend will be paid on September 30, 2025, to stockholders of record of both Class A and Class B common stock as of September 19, 2025.

The company projects that total aggregate quarterly distributions for 2025 will amount to at least $6.20 per common share, subject to board approval.

Lamar Advertising (Nasdaq: LAMR) reported its Q2 2025 financial results, showing growth across key metrics. Net revenues increased 2.5% to $579.3 million, while net income rose 12.7% to $155.0 million. Adjusted EBITDA grew 2.5% to $278.4 million.

The company completed a significant milestone with the first-ever UPREIT transaction in the billboard industry, acquiring Verde Outdoor's 1,500+ billboard faces across ten states in July 2025. Due to slower-than-expected growth, Lamar revised its full-year 2025 guidance, adjusting diluted AFFO per share from $8.13-$8.28 to $8.10-$8.20.

For the first six months of 2025, Lamar achieved net revenues of $1.08 billion, a 2.0% increase year-over-year, with net income up 36.2% to $294.2 million, primarily due to a $67.8 million gain from selling its Vistar Media equity interest.

Lamar Advertising Company (Nasdaq: LAMR) has scheduled its second quarter 2025 earnings release for Friday, August 8, 2025, before market opening. The company will host a conference call at 8:00 a.m. Central time on the same day to discuss results and address operational questions.

Investors can access the call via phone using the numbers 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 August 15, 2025 at 11:59 p.m. Eastern time.

Lamar Advertising (Nasdaq: LAMR) has completed a groundbreaking acquisition of Verde Outdoor through the first-ever UPREIT transaction in the billboard industry. The deal, closed on July 2, 2025, adds over 1,500 billboard faces and 80 digital displays across 10 states to Lamar's portfolio, strengthening its presence in the Midwest, Southeast, and Mid-Atlantic regions.

In this innovative transaction structure, Verde contributed its assets to Lamar Advertising Limited Partnership in exchange for common units that track Lamar's Class A common stock value. Verde's owners will receive cash distributions equal to Lamar's common stock dividends, with units being convertible to cash or shares. The UPREIT structure enables tax-deferred acquisitions, setting a potential template for future industry deals.

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.