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 Company (NASDAQ: LAMR) is an outdoor advertising REIT that rents space on billboards, buses, shelters, benches, logo plates and in airport terminals. The company also offers customers services that cover ad copy production, placement and maintenance, and it reports that key revenue is generated from its billboard segment. Its public communications describe it as a leading owner and operator of outdoor advertising and logo sign displays.
This news page aggregates Lamar Advertising Company updates drawn from press releases and related SEC filings. Readers can find announcements on quarterly and year-to-date operating results, including net revenues, net income, adjusted EBITDA, funds from operations (FFO), adjusted funds from operations (AFFO) and free cash flow. The company also reports acquisition-adjusted revenue and EBITDA to show the impact of acquired or divested out-of-home assets, as well as gains from transactions such as the sale of its equity interest in Vistar Media, Inc.
Investors following LAMR news will see regular disclosures on dividend declarations for Class A and Class B common stock, including quarterly and special cash dividends. The page also captures financing and balance sheet developments, such as institutional private placements of senior notes due 2033, amendments to the senior credit agreement establishing new Term B Loan facilities, and changes in liquidity and borrowing under the revolving credit facility and accounts receivable securitization program.
In addition, Lamar’s news includes information on acquisitions of out-of-home assets, such as the contribution of Verde Outdoor billboard faces to its operating partnership, and leadership updates like the appointment of a president for its Outdoor Division. Conference participation and earnings release schedules are also disclosed. Bookmark this page to review Lamar Advertising Company’s historical announcements, financial updates and corporate actions in one place.
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.
Lamar Advertising Company (Nasdaq: LAMR) has announced it will release its fourth quarter 2024 earnings report before market opens on Thursday, February 20, 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.
Investors can access the conference call via phone using the numbers 1-800-420-1271 or 1-785-424-1634 with passcode 63104. A live webcast will be available on www.lamar.com, with a replay accessible through Thursday, February 27, 2025 at 11:59 p.m. Eastern time.