Clear Channel Outdoor outperformed the market for the third quarter of 2022, Lamar followed the market and OUTFRONT underperformed the market, although all st0cks fell in the month of September due to recession fears. Clear Channel finished the quarter up 28%. Lamar fell 6% as did the S&P 500. OUTFRONT […]
By Ken Altena, Partner, Billboard Loans LLC. Get ready for more interest rate increases this year, and possibly next, based on the Federal Reserve’s new median forecast, which signals another 1.25% this year to 4.5% and even more in 2023. Borrowers are fearful this will not be the last of […]
As anticipated, Metro Phoenix Bank has completed their transition to Alerus. You will still see the company as an active supporter of Billboard Insider, now featuring an Alerus banner in our morning email blast. Insider asked both Steve Haggard and Nick Gonzales for their thoughts regarding the transition of Metro […]
In the spring of 1922, a tailor in Ogden, Utah found himself in need of a double-faced electric sign to advertise his business. He approached Thomas Young Sr., founder of Young Electric Sign Company (known as YESCO). Tom had been in business for two years and already had a sense […]
A team of Clear Channel Outdoor execs provided a detailed review of Clear Channel Outdoor’s operations and strategy at last week’s Clear Channel Outdoor Investor Day. Here are the financial highlights from the investor day press release, investor day powerpoint and 2.5 hour investor day livestream. We’ll review the operating, […]
Lamar Advertising declared a quarterly dividend of $1.20 per Class A and Class B share payable on September 30, 2022. Works out of a 5.2% yield on the company’s current stock price of $92.98. Here’s Lamar’s quarterly dividend for the past year. The yield is the annualized dividend divided by […]
A reader asks what % of uncollected receivables is normal for an out of home company. Bad debts (e.g. an uncollectible account receivable) should be minimal at your out of home company because you can require payment within 30 days or you’ll take an ad down. You can also require […]
SignValue has prepared this summary of Clear Channel Outdoor’s second quarter 2022 financials. Reach out to one of their consultants for a confidential consultation at (480) 657-8400 or info@signvalue.com. [wpforms id=”9787″] Paid Advertisement
SignValue has prepared this summary of OUTFRONT Media’s second quarter 2022 financials. Reach out to one of their consultants for a confidential consultation at (480) 657-8400 or info@signvalue.com. [wpforms id=”9787″] Paid Advertisement
SignValue has prepared this summary of Lamar Advertising’s second quarter 2022 financials. Reach out to one of their consultants for a confidential consultation at (480) 657-8400 or info@signvalue.com. [wpforms id=”9787″] Paid Advertisement
