On last week’s Lamar Advertising earnings call an analyst asked Sean Reilly why out of home is doing so well and he said this. There is share shift going on…You’ve heard me over the years talk about what’s going on with local media as they struggle with their audience. You […]
Stark Capital Solutions acted as the exclusive advisor to Lamar Advertising Company in Lamar’s acquisition of Burkhart Advertising in South Bend, Indiana, which was announced yesterday. Burkhart, the 8th largest out-of-home company in the United States, was formed in 1964 by Charles Burkhart. The company was owned and run by […]
Baton Rouge, LA – April 11, 2022 – In celebration of this year’s National Nurses Week, beginning May 6th, Lamar Advertising is activating its Digital Out of Home network to honor and recognize nurses across the country. Beginning today, Lamar is inviting those who would like to honor a nurse […]
At the Citi Global Property Conference earlier this month Sean Reilly was asked to give 3 reasons an investor should invest in Lamar and he said this. (1) “There are no net new billboards being built in America because of all the regulations. And because of that our market share […]
A landowner can’t claim that it owns a billboard if creates barriers which prevent you from removing a billboard in a timely manner. That’s the lesson of Kwik Stop v Lamar. Here are the facts. Lamar owned a 30 by 36 static billboard on Kwik Stop property in Indiana. When […]
Sean Reilly was bullish at this week’s Morgan Stanley Technology, Media and Telecom Conference. Here’s a selection of his comments. The outlook It feels great…Looking at Q4 we set records with every financial metric…we’re seeing the same momentum carrying forward…as of right now everything is flashing green. Political It breaks […]
Here are five things about Lamar which Billboard Insider learned from reading all 119 pages of the Lamar Advertising 2021 10K. Record this, record that. 2021 was Lamar’s best year ever for revenues, cashflow, cashflow margin and stock price. The company used covid as a chance to prune expenses and […]
“Tailwinds are as strong as I’ve ever seen” was how Sean Reilly opened Lamar Advertising’s 4Q 21 earnings release and conference call. Here are the highlights. Revenues increased by 15% to $495 million. Reilly projects first quarter 2o22 revenue growth to be in the mid-teens and full year 2022 revenue […]
BATON ROUGE, La., Feb. 24, 2022 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.10 per share payable on March 31, 2022 to stockholders of […]
Baton Rouge, LA – February 22, 2022 –Lamar Advertising, one of the largest outdoor advertising companies in the world, today announced that the company has secured a 10-year System Advertising Program contract, with additional options through 2042, with Denver’s Regional Transportation District (RTD). RTD operates and maintains a mass transportation […]
