Lexington, KY – April 23, 2019 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest out of home media companies in the world, this week launched the third and final phase of a billboard campaign in Lexington, KY designed to generate maximum awareness of and excitement for this week’s […]
Lawmakers in Louisiana overwhelmingly defeated an anti-billboard proposal (14-to-3). Insider breaks down the three-hour hearing in Baton Rouge at the State House Transportation Committee, to share what worked. Background In Louisiana, the trucking/logging industries blame lawsuits and trial lawyers for inflating insurance rates. Frustrated truckers and loggers took aim at billboards, […]
Here’s a list of who makes what at Lamar, Outfront and Clear Channel Outdoor based on each company’s SEC filings. We’ve juxtaposed executive compensation against each company’s yearly and 5 year change in stock price. [wpforms id=”9787″] Paid Advertisement
Here’s how much the members of the board of directors of Lamar, Outfront and Clear Channel Outdoor made last year. Looks to Insider like there’s an inverse correlation between directors pay and outdoor company long term stock performance. Lamar stock is up 63% over the past 5 years, Outfront stock […]
This Baton Rouge newspaper headline says it all: House Concurrent Resolution 4, a draconian proposal to limit billboards in Louisiana, was defeated in a Louisiana State House committee by a vote of 14-3. House resolution 4 had provisions to: Limit the number of Louisiana billboards to 7,000 Prohibit the conversion […]
Lamar has moved fast to respond to draconian legislation impacting billboards in Louisiana with a Freedom to Advertise website, a fact sheet which counters the myths used by the legislation’s sponsors, a media statement and a letter from Sean Reilly to the legislature. Lamar shows us how to respond to […]
Two Louisiana Legislators are on the warpath against billboards. Rep Jack McFarland has introduced House Concurrent Resolution 4 in the Louisiana legislature to: Limit the number of billboards to 7,000 in the state Prohibit the conversion of any static billboards to digital billboards. Increase billboard licensing fees from $25/year to […]
Outfront and Lamar outperformed the market during the first quarter of 2019. Outfront was up 29% during the three months ended March 31, 2019 versus a 13% rise in the S&P 500. Investors were pleased with Outfront’s 12% annualized revenue growth during the last quarter of 2019.. Lamar was up […]
Here’s a simple table comparing Clear Channel Outdoor, Lamar, Outfront and Link Media Outdoor based on 2018 financials and March 2019 valuation. Lamar has the highest cashflow margin and valuation. Clear Channel Outdoor has the highest leverage and the most employees. Outfront has the highest revenue per employee, reflecting big […]
Insider has prepared a table of who spent what kind of capital expenditures during 2018. 2018 Capital Expenditures (in millions) Lamar spent the most money ($593 million) in 2018 due to acquisitions and improvements to existing structures. Lamar also spent $15 million on land acquisitions. Lamar owns the land under […]
