Tag: Lamar Advertising

Sean Reilly’s Short Course On M&A

At this week’s  JP Morgan Global Tech and Media conference Sean Reilly gave a short course on how Lamar approaches M&A. M&A We do an awful lot of M&A.  Last year we did a little over $310 million in billboard transactions.  The average transaction size was $6 million.  So it’s […]

Great Outdoors Advertising Divests OOH Assets to Lamar

Hagerstown, MD – Great Outdoors Advertising announced today the divestiture of its digital and static assets to national operator Lamar Advertising Company (NASDAQ: LAMR). Great Outdoors Advertising is the leading static and digital bulletin operator with a portfolio of high-end locations in the Hagerstown market. Drachman M&A Co. represented Great […]

Lamar Increases Quarterly Dividend By 9.1%

BATON ROUGE, La., May 19, 2022 (GLOBE NEWSWIRE) — Lamar Advertising Company (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 $1.20 per share payable on June 30, 2022 to stockholders of record […]

Are You Asking?

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 on the Lamar Acquisition of Burkhart Advertising

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 […]

Lamar Nurses Week Campaign

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 […]

Sean Reilly on 3 Reasons to Invest in Lamar

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 needs to cooperate with you on a billboard removal

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: Right Now Everything is Flashing Green

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 […]