Lamar Advertising Company (LAMR)
Here's Why You Should Retain Lamar Advertising Stock for Now
LAMR to gain from its extensive asset pool in outdoor advertisement, diverse tenant base and expansionary efforts. Choppiness in national business is a concern.
Lamar Advertising: An Eye-Catching REIT That's Set To Grow
Lamar Advertising is a unique REIT focused on outdoor advertising, a resilient and growing segment that's unaffected by cord-cutting issues plaguing traditional media. LAMR's strong financial performance in 2024, driven by local and programmatic ad growth, and a robust digital expansion strategy, positions it for continued AFFO growth. With a 4.6% dividend yield, a 76% payout ratio, and a reasonable valuation, LAMR presents a compelling opportunity for income and growth-focused investors.
Lamar Advertising: Pullback Provides Opportunity (Rating Upgrade)
Lamar Advertising Company shares have dipped due to disappointing guidance, but the pullback presents a buying opportunity given the company's strong fundamentals and attractive valuation. Despite a penny loss in Q4, Lamar's core business remains solid with a 4% revenue increase and robust EBITDA margins, driven by local advertising. The company's focus on digital billboard upgrades and potential M&A, supported by a strong balance sheet, positions it for future growth beyond the current 3-4% range.
Lamar Q4 AFFO Meets Estimates, Revenues Miss, Stock Down 7.3%
LAMR's Q4 results reflect growth in revenues. However, higher expenses marred the performance to some extent.
Lamar Advertising Company (LAMR) Q4 2024 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR ) Q4 2024 Results Conference Call February 20, 2025 9:00 AM ET Company Participants Sean Reilly - CEO & President Jay Johnson - EVP, CFO & Treasurer Conference Call Participants Cameron McVeigh - Morgan Stanley David Karnovsky - JPMorgan Daniel Osley - Wells Fargo Lance Vitanza - TD Cowen Operator Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference.
Lamar Advertising (LAMR) Matches Q4 FFO Estimates
Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.21 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $2.10 per share a year ago.
Here's Why You Should Retain Lamar Advertising Stock for Now
LAMR is well-poised to gain from its diversified tenant base, opportunistic acquisitions and portfolio upgrade efforts despite choppiness in the national business.
Lamar Advertising Misses Q3 AFFO Estimates, Raises 2024 Guidance
LAMR's third-quarter 2024 results reflect continued strength in local and programmatic sales, though elevated expenses acted as a dampener.
Lamar Advertising Company (LAMR) Q3 2024 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Sean Reilly - CEO & President Jay Johnson - EVP, CFO & Treasurer Conference Call Participants Cameron McVeigh - Morgan Stanley Jason Bazinet - Citi Daniel Osley - Wells Fargo Lance Vitanza - TD Cowen Operator Excuse me everyone. We now have Sean Reilly and Jay Johnson in conference.
Lamar Advertising (LAMR) Misses Q3 FFO and Revenue Estimates
Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.15 per share, missing the Zacks Consensus Estimate of $2.21 per share. This compares to FFO of $2.04 per share a year ago.
Is Lamar Advertising Stock a Solid Pick for Your Portfolio Now?
Lamar Advertising's diversified tenant base, opportunistic acquisitions and portfolio upgrade efforts are key growth drivers.
Lamar Advertising Stock Rises 22% YTD: Will the Trend Last?
LAMR's diversified tenant base, strength in local sales and strategic acquisitions and efforts to upgrade its portfolio are key growth drivers.
