Lamar Advertising Company announced yesterday that its board of directors has declared a quarterly cash dividend of $0.75 per share payable on June 30, 2021 to stockholders of record of Lamar’s Class A common stock and Class B common stock on June 21, 2021. Insider’s Take: Lamar maintains its increase […]
This post needs to be run every couple years. Repeat after me: Billboards are not passive income. Billboards are not passive income. Billboards are not passive income. There is a myth that you can make lots of money in the billboard business without any work. Type “billboard investing” into […]
Insider noted two recent announcements from Clear Channel Outdoor. Extension of voter rights – Insider wrote back in May 2020 of CCO’s adoption of a one year shareholder rights plan. A shareholder rights plan is also called a poison pill. Shareholder rights plans were devised in the early 1980s as a […]
Financing is critical for your out of home business. In February we ran articles about Formetco’s Digital Billboard Financing Program and Formetco Financing to Replace Aging Billboards. Today we talk with Tony Hull about Yesco’s financing programs. Lender: YESCO Financial Solutions Contact: Tony Hull Email: thull@yesco.com Phone: 801-464-6482 […]
Landmark Infrastructure revenues and cashflow increased sharply but the company did not add any new out of home advertising lease or easements. Here’s a summary of the Landmark 1Q 2021 financial release and conference call. Revenue increased 25% to $17 million during the first quarter of 2021 due to acquisitions […]
OUTFRONT is recovering from COVID slower than Lamar. Here are the results from OUTFRONT’s 1Q 21 earnings release, 1Q 21 earnings presentation and conference call. Revenue declined by 33% to $259 million during the first quarter of 2021. US billboard revenue was down 17%. US transit revenue was down 67%. […]
Lamar continues to recover from covid with a stronger than exected first quarter. Here are the results of the earnings release and conference call. Revenues declined 8.8% to $371 million. Organic or acquisition adjusted revenues declined 8.2%. Adjusted EBIDTA was down 4.6% to $152 million during the first quarter of […]
Billboard Insider talked with Kalil and Company’s Max Drachman last week to get an update on the out of home transactions market. Max, how is 2021 shaping up in terms of deal volume? The year started a bit slower than usual, however it is picking up in a hurry. We […]
The public out of home executives took pay cuts during 2020. Here’s a breakdown of who made what at Lamar, OUTFRONT and Clear Channel Outdoor, based on data in each company’s Schedule 14A. Total Compensation for Public US Out of Home Company Executives 2019 and 2020 compared with last year […]
Out of Home financing is a specialized form of finance. To save you the time and trouble of having to educate your lender on the ins and out of out of home here’s an alphabetical list of 51 out of home lenders prepared by SignValue and Billboard Insider. We’ve included […]
