Tag: lamar

Out of Home Outperforms Market in Second Quarter 2020

US out of home stocks had an outstanding quarter as traffic rebounded and the economy began to open back up from Covid closures. Clear Channel Outdoor (blue), Lamar (green), OUTFRONT (purple) and S&P 500 (black) stock performance April-June, 2020 Clear Channel Outdoor increased 85% to $1.04 during the quarter versus […]

Minorities, Women and the Public US Out of Home Companies.

Insider analyzed the makeup of the boards and the executive/leadership teams of the three public out of home companies (Lamar, OUTFRONT and Clear Channel Outdoor) and here’s what he found. The public US Out of Home companies outperform the S&P 500 in putting women on corporate boards but need more […]

Out of Home Debt Markets Resilient

The out of home debt markets have been remarkably resilient during the Covid.  Clear Channel just amended its credit agreement  to get more flexibility.   OUTFRONT did the same in April.  Lamar expects to come through the downturn without asking for any covenants amendments from its lenders and it raised $400 […]

Adams Outdoor Embraces Stay at Home, Anti-Racism and Their Community

Adams Outdoor went to change out a University of Wisconsin Credit Union billboard in Madison which had the words “Even When We’re Apart We Stand Together”.  When they got there they saw someone had spray painted ‘George Floyd’ underneath the tagline. Rather than take the sign down…  we’ll let the […]

Making the Case for OOH

2020 Local Case Study Award Winners Case studies are powerful testimonials and the OAAA case study library contains over 650 examples of how OOH is creating results in markets across the US. The fifth annual OAAA/Geopath Local Case Study Contest produced a record 64 entries, and the cases demonstrated OOH is […]

Which public OOH company grew revenues faster than expenses over the past 7 years?

Which Out of Home company grows revenues faster than expenses?  Look at the chart below.  Insider computed the change in revenues and expenses for Clear Channel, OUTFRONT and Lamar for the past 7 years. Lamar is the only company which grew revenue faster than expenses.  Lamar’s revenues grew 5.8%/year for […]

Lamar Cuts Dividend in Half

Baton Rouge, LA – May 28, 2020 – Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly dividend of $0.50 per share payable on June 30, 2020, to stockholders of record of […]

Geopath Reports 41% Increase in Average Miles per Day Across 100 DMA’s

Geopath and intermx have released the average daily miles traveled report for the week ended May 22.  Traffic increased across all 100 top DMA’s in the US. The median increase in average daily miles travelled across the top 100 US DMA’s was 41% over the past month. New York (up […]

Clear Channel Plays Defense With a Shareholder Rights Plan

Clear Channel Outdoor announced a “shareholder rights plan” on May 19: SAN ANTONIO, May 19, 2020 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) announced today that its board of directors (the “Board”) unanimously adopted a shareholder rights plan (the “Rights Plan”) to protect the interests of all Company […]