There has never been a more important time to acknowledge the work of nurses. In commemoration of National Nurses Week, Lamar has dedicated space on its digital billboard network across the country to display artwork celebrating the work of these heroes. Created by Denver street artist Austin Zucchini Fowlers, […]
“Sunlight is the best disinfectant.” William O. Douglas. Two tables below. The first table shows the 2019 stock performance of OUTFRONT (up 47%), Lamar (up 29%), the S&P 500 (up 29%) and Clear Channel Outdoor (down 43%). The second table shows the 2019 compensation of Lamar, OUTFRONT and Clear Channel […]
Sean Reilly tells investor conferences that he’s managed through three recessions at Lamar. It’s instructive to look at what Lamar did during the last recession for tips on how to weather the covid-19 recession. From 2007-2009, Lamar’s revenue declined by 12% and cashflow declined by 18%, but the corporate cashflow […]
Baton Rouge, LA – April 16, 2020 – Lamar Advertising Company (Nasdaq: LAMR) today announced that the company is supplying vinyl billboard material for conversion into personal protective equipment (PPE) for immediate use by healthcare workers caring for COVID-19 patients at medical facilities across Louisiana. Lamar has joined forces with […]
Nancy Fletcher, President and CEO Emeritus of the OAAA has been nominated to join Lamar Advertising’s Board of Directors. Some other things Insider noted in Lamar’s proxy statement which was released Friday. Lamar’s Board Will Have More Women and Fewer Insiders Women will account for 33% of 3 of Lamar’s […]
PETA has purchased Lamar stock to raise a fuss about Lamar refusing to run inflammatory PETA billboard advertising. Lamar stock will make a great investment for the folks at PETA but Insider doubt’s PETA will convince Lamar to run a divisive billboard campaign. Insider thinks Lamar CEO Sean Reilly […]
First quarter was a tough for stocks and even worse for out of home. The S&P 500 fell by 20% – the worst first quarter in history. Lamar declined 43%, Outfront declined 50% and Clear Channel declined 78% although all three companies have rallied from their lows last week. US […]
Lamar is running a campaign thanking caregivers, delivery drivers, first responders, restaurant workers and public safety employees. Grace Outdoor is running PSA’s thanking healthcare workers and encouraging people to stay home and to pray. iKahan is thanking healthcare workers and grocery store workers. Looks like quite a few people […]
“Be fearful when others are greedy and greedy when others are fearful.” – Warren Buffett Public out of home stocks have rallied this week but are down dramatically year-to-date. Here’s the data. Looks to Insider like the market has priced a 20% revenue decline and a 30-40% cashflow decline into […]
Some thoughts and observations from Insider’s 23 years of lending and investing in out of home. The larger companies in OOH should be safe. That doesn’t mean that the perceived value of their business, publicly traded or not, won’t take a hit (we’ll discuss stock values later this week), but […]
