Tag: Lamar Advertising

A New Chapter for U.S. Billboard M&A

With the permission of SignValue The U.S. billboard acquisition market is entering one of its most competitive periods in years. On October 14, Mubadala Capital completed its $6.2 billion acquisition of Clear Channel Outdoor, taking the company private. That leaves Lamar Advertising and OUTFRONT Media as the only two publicly […]

Grandparents Day Success

Insider wrote in September about Lamar’s Grandparents’ Day Billboard Campaign.  Lamar recognized more than 2,300 grandparents on its digital billboards across the country in honor of Grandparents’ Day. Here is a video recap of the results of the campaign.     To receive a free morning newsletter with each day’s […]

Capital spending averages 5.75% of revenue for the public out of home companies.

What should your annual capital expenditures be excluding large one-time acquisitions?  We’ve heard OUTFRONT’s CFO Matt Siegel mention that OUTFRONT spends approx 5% of revenue on capital projects on investor calls.  Look at this analysis prepared by Jeff Seddon of Moorgate Capital Partners.   Capital spending (excluding acquisitions) averages 5.75% […]

Lamar Brings New Life to an 18-Year Sioux Falls Landmark with Daktronics Digital Technology

  Upgraded billboard keeps a long-standing advertising location running with greater efficiency and today’s digital capabilities BROOKINGS, S.D. – Sept. 24, 2026 – Lamar Advertising, in collaboration with Daktronics (NASDAQ: DAKT), a recognized industry leader in digital display and control system technology, upgraded the billboard in Sioux Falls, South Dakota, […]

Lamar’s Sean Reilly Opens Nasdaq

Lamar Advertising CEO Sean Reilly rang the NASDAQ opening bell yesterday.  He was surrounded by Lamar family members, board members and executives.  Here are his remarks: Good morning, and on behalf of everyone at Lamar. I’d like to extend a thanks to NASDAQ for hosting us. It is absolutely wonderful […]

Out of Home Trading Multiples – September 2026

Billboard Insider always enjoys reading Solomon Partners Media monthly.  The September 2026 Solomon Partners Media Monthly shows that Out of Home Media companies are trading at a median 2026 estimated EBIDTA multiple of 11 times. Billboard Insider’s take: Keep in mind that these multiples are based on 2026 estimated performance. […]

Huntington Billboards Sells Florida Assets to Lamar

Huntington Billboards (“Huntington”) announced today the sale of its Florida outdoor advertising assets to Lamar Advertising Company (“Lamar”).  Stark Capital represented Huntington Billboards in the transaction. The transaction included 48 existing advertising displays, consisting of 42 static displays and 6 digital displays, along with 8 additional displays currently under development. […]

Lamar Advertising Acquires Assets of AdSource Outdoor in UPREIT Transaction

BATON ROUGE, La., Aug. 13, 2026 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) (“Lamar” or the “Company”), a leading owner and operator of outdoor advertising assets, announced today that it has acquired the assets of AdSource Outdoor Advertising (“AdSource”) in the second-ever UPREIT transaction in the billboard industry. The […]

Lamar Revenue up 7% in 2Q 2026

“Our business is in a terrific place” was how Lamar Advertising CEO Sean Reilly began Lamar Advertising’s 2Q 2026 earnings call. Here are the results of Lamar’s 2Q 2026 earnings release and earnings call, sponsored and analyzed by SignValue. Revenues increased 6.5% to $617 million for the second quarter of […]