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) 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.
Lamar Advertising Company (Nasdaq: LAMR), a leading outdoor advertising and logo sign displays operator, has announced two dividend distributions for shareholders. The company's board of directors has declared a quarterly cash dividend of $1.40 per share and a special cash dividend of $0.25 per share. Both dividends will be paid on December 30, 2024 to stockholders of record of Lamar's Class A and Class B common stock as of December 18, 2024.
Lamar Advertising Company (LAMR) reported strong third quarter 2024 results with net revenues of $564.1 million, up 4.0% year-over-year. Net income increased 5.3% to $147.8 million, while Adjusted EBITDA grew 2.1% to $271.2 million. The company showed particular strength in local and programmatic sales, with Q4 revenue growth pacing ahead of Q3. Based on these results, Lamar raised its full-year guidance for diluted AFFO to $7.85-$7.95 per share, with consolidated EBITDA margins expected around 47%.
Lamar Advertising Company (Nasdaq: LAMR), a leading outdoor advertising and logo sign display operator, has announced a quarterly cash dividend of $1.40 per share. The dividend will be payable on September 30, 2024, to stockholders of record of Lamar's Class A and Class B common stock as of September 18, 2024. The company anticipates that the total distributions for 2024 will amount to at least $5.40 per common share, subject to board approval. This announcement demonstrates Lamar's commitment to providing consistent returns to its shareholders.
Lamar Advertising Company (LAMR) reported strong second quarter 2024 results, with net revenue increasing 4.5% to $565.3 million. Net income rose to $137.6 million, while Adjusted EBITDA grew 6.9% to $271.6 million. The company saw solid revenue growth driven by strong demand from local and regional advertisers. Diluted AFFO per share increased 9.5% to $2.08.
For the six months ended June 30, 2024, Lamar reported net revenues of $1.06 billion, a 5.0% increase year-over-year. Net income for this period was $216.1 million, with Adjusted EBITDA reaching $483.5 million, up 7.0%. The company maintains a strong liquidity position with $744.3 million in total liquidity as of June 30, 2024.
Lamar Advertising Company (Nasdaq: LAMR) will release its second-quarter earnings report for the period ending June 30, 2024, on Thursday, August 8, 2024, before the market opens. The company will host a conference call at 8:00 a.m. Central time on the same day to discuss the results and answer questions about company operations.
Investors and interested parties can dial into the call at 1-800-420-1271 or 1-785-424-1634 using the passcode 63104. Additionally, a live webcast and replay of the conference call will be available on Lamar's website, www.lamar.com, with the replay accessible until August 15, 2024, at 11:59 p.m. Eastern time.
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