Lamar Advertising Company (LAMR)
Lamar Advertising: High-Quality Billboard REIT With Strong Margins And Growth Potential
Lamar Advertising Company (LAMR) is the leading US billboard REIT, offering a 5.1% dividend yield and strong margins in a fragmented market. LAMR benefits from robust M&A activity, strong margins, as well as a buyback program, with Berkshire Hathaway recently taking a stake. Potential for more rate cuts could boost advertising demand, lower interest expenses, and support higher dividends in the near future.
Lamar Advertising Boosts Financial Flexibility With $1.1B Refinancing
LAMR completes $1.1B refinancing, thereby boosting liquidity, extending debt maturities and strengthening its balance sheet.
The Top 3 Stocks From Warren Buffett's $3.9 Billion Spending Spree
Key Points in This Article: Buffett's Q1 13-F filing revealed $3.9 billion in stock purchases, including six new positions, but he remains a net seller of stocks by shedding $7 billion in Apple and Bank of America holdings.
Lamar Stock Falls Despite Q2 AFFO Beat, Revenues Increase Y/Y
LAMR's Q2 results reflect growth in revenues. However, a higher component of expenses marred the performance to some extent.
Lamar Advertising Company (LAMR) Q2 2025 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR ) Q2 2025 Earnings Conference Call August 8, 2025 9:00 AM ET Company Participants Jay Lecoryelle Johnson - Executive VP, CFO & Treasurer Sean E. Reilly - CEO & President Conference Call Participants Cameron Alan McVeigh - Morgan Stanley, Research Division Daniel Carol Osley - Wells Fargo Securities, LLC, Research Division David Karnovsky - JPMorgan Chase & Co, Research Division Jason Boisvert Bazinet - Citigroup Inc., Research Division Operator Excuse me, everyone.
Lamar Advertising (LAMR) Q2 FFO Surpass Estimates
Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.22 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to FFO of $2.08 per share a year ago.
Lamar Advertising Expands Portfolio, Acquires Verde Outdoor Assets
LAMR acquires Verde assets, adding 1,500 billboard faces, including 80 digital displays and boosting presence in 10 U.S. states.
Lamar's Outlook Bolstered By Recent Data
LAMR's 2025 AFFO/share growth guidance of 4% is intact despite macro headwinds, with management reaffirming confidence and strong contract bookings. Recent stock price weakness presents a buying opportunity, as underlying growth is likely closer to 6%+ once tough comps normalize. Billboards enjoy limited new supply and are gaining local ad market share, creating a durable moat and supporting long-term organic growth.
Lamar Announces Dividend Payout & Increase in Stock Repurchase Program
LAMR announces quarterly dividend payout and an increase in stock repurchase program. This is expected to boost shareholders' confidence in the stock.
Lamar Advertising: Solid Growth And A Strong Balance Sheet Make Shares Attractive
Lamar Advertising is operating well despite macro headwinds, with resilient local advertising and solid Q1 results supporting a stable outlook. Revenue growth is set to accelerate to 3-5% this year, aided by robust M&A activity, digital expansion, and a strong balance sheet. The company's local focus and non-cyclical legal advertising provide stability, while digital billboards offer higher growth potential despite some economic sensitivity.
Lamar's Q1 AFFO Beats Estimates, Revenues Increase Y/Y
LAMR's Q1 results reflect growth in revenues. However, higher expenses marred the performance to some extent.
Lamar Advertising Company (LAMR) Q1 2025 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR ) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Sean Reilly - President & Chief Executive Officer Jay Johnson - Executive Vice President & Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Jason Bazinet - Citi David Karnovsky - JPMorgan Daniel Osley - Wells Fargo Jonnathan Navarrete - TD Cowen Operator Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference.
