Lamar Advertising Co Stock Price, News & Analysis

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.

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.