Out of Home Companies Outperform Market in 1Q 2021

The three public US out of home companies outperformed the market for the 3 months ended March 31, 2021.  Outfront was up 15%, Lamar up 14%, Clear Channel Outdoor up 10% versus a 6% increase in the Standard and Poors 500.

US Public Out of Home Companies Versus S&P 500 

Three Months Ended March 31, 2021

Remember how panicked certain media and out of home pundits were last March?  If you’d listened to them you missed the buying opportunity of a lifetime.  Over the past year Clear Channel Outdoor is up 237%, Lamar up 82%, OUTFRONT up 70% and the S&P 500 is up 51%.

US Public Out of Home Companies Versus S&P 500

Year Ended March 31, 2020

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