Lamar Advertising Company (LAMR)
Is Lamar Advertising's 7.7% Dividend Increase Sustainable?
In the last five years, LAMR has raised its dividend eight times. Its five-year annualized dividend growth rate is 16.50%.
Lamar Advertising's (LAMR) Stock Gains 12.6% YTD: Here's Why
Healthy operating performance, strength in local sales and strategic acquisitions have hiked Lamar Advertising's (LAMR) shares by 12.6% year to date.
What Makes Lamar Advertising (LAMR) a Solid Portfolio Pick?
Lamar Advertising (LAMR) holds a significant market share in the U.S. outdoor advertising business. Its diversified tenant base, opportunistic acquisitions and portfolio upgrade efforts are key growth drivers.
Lamar's (LAMR) Stock Rises on Q2 AFFO and Revenue Beat
Lamar's (LAMR) second-quarter 2024 results reflect continued strong demand from local and regional advertisers.
Lamar Advertising Company (LAMR) Q2 2024 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Sean Reilly - Chief Executive Officer Jay Johnson - Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Jason Bazinet - Citigroup Inc. David Karnovsky - JPMorgan Chase & Co. Lance Vitanza - TD Cowen Operator Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference.
Lamar Advertising (LAMR) Surpasses Q2 FFO and Revenue Estimates
Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.08 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to FFO of $1.90 per share a year ago.
Lamar Advertising: A Unique REIT With Margin Expansion And AFFO Growth Potential
Lamar Advertising is one of the largest outdoor advertising companies in the U.S. and owns several billboards and large physical displays. Over the last decade, the company has shown consistent growth on both the top and bottom line, with revenue and EBITDA growing at CAGRs of 5.4% and 6.4%, respectively. The latest quarter missed expectations, but management appears to be optimistic about the outlook, given their upward revision of full-year AFFO guidance and plans for increased distributions to shareholders.
Why You Should Retain Lamar Advertising (LAMR) Stock for Now
Lamar Advertising (LAMR) is poised to benefit from its diversified tenant base, opportunistic acquisitions and portfolio upgrade efforts, though choppiness in the national business and high interest rates remain woes.
Lamar Advertising's (LAMR) Stock Gains 11.7% YTD: Here's Why
Healthy operating performance, strength in local sales and strategic acquisitions have hiked Lamar's (LAMR) shares by 11.7% year to date.
