Lamar Advertising Company Reports Strong Q4 and Full-Year 2025 Financial Results with Increased Revenues and Net Income
Lamar Advertising Company announced strong financial results for Q4 and full-year 2025, with net revenues rising 2.8% to $595.9 million in Q4 and net income reaching $154.7 million, a significant improvement from a net loss in the previous year. For the full year, net income increased by 63.4% to $593.1 million, partly due to a gain from the sale of its Vistar Media stake. The company projects diluted AFFO per share for fiscal year 2026 to be between $8.50 and $8.70, indicating a positive outlook.
Lamar Advertising Company $LAMR Shares Purchased by HighTower Advisors LLC
HighTower Advisors LLC increased its stake in Lamar Advertising Company (LAMR) by 2.8% in Q3 2025, acquiring an additional 20,518 shares, bringing their total to 744,052 shares valued at approximately $91.09 million. Other major institutional investors, including Berkshire Hathaway and Norges Bank, also significantly increased their positions, with institutional investors now owning close to 93.78% of the company's stock. Lamar Advertising currently pays a quarterly dividend of $1.55, equating to an annualized yield of about 4.7%, however, its payout ratio of 145.5% suggests the dividend is high relative to earnings.
Rhumbline Advisers Trims Holdings in Lamar Advertising Company $LAMR
Rhumbline Advisers decreased its stake in Lamar Advertising Company (LAMR) by 3.3% in Q3, selling 9,415 shares, though still holding a significant position. Meanwhile, other major institutions like Berkshire Hathaway and Norges Bank established new, large positions, indicating strong overall institutional interest. Wall Street analysts currently hold a "Hold" consensus rating with an average price target of $133, while the company's high dividend yield comes with concerns regarding its payout ratio and debt-to-equity ratio.
Lamar Advertising (LAMR) Expected to Announce Earnings on Friday
Lamar Advertising (NASDAQ:LAMR) is expected to announce its Q4 2025 earnings before market open on Friday, February 20, 2026, with analysts forecasting EPS of $2.18 and revenue of $592.7 million. The company's dividend yield is 4.7%, but its high payout ratio of 145.54% raises concerns about sustainability. LAMR is currently trading around $131.30, with analysts having a consensus "Hold" rating and an average target price of $133.
Principal Financial Group Inc. Sells 8,094 Shares of Lamar Advertising Company $LAMR
Principal Financial Group Inc. reduced its stake in Lamar Advertising Company (NASDAQ:LAMR) by 4.0% in the third quarter, selling 8,094 shares and now holding 192,183 shares valued at approximately $23.53 million. Wall Street analysts currently rate Lamar Advertising as a "Hold" with an average price target of $133.00. The company reported strong financial results, beating EPS estimates and announcing a quarterly dividend of $1.55 per share, yielding 4.7% annually.
Lamar Advertising Company $LAMR Shares Purchased by Howe & Rusling Inc.
Howe & Rusling Inc. significantly increased its stake in Lamar Advertising Company (NASDAQ:LAMR) by 38.8% in the third quarter, bringing their total holdings to 40,185 shares valued at approximately $4.92 million. Other institutional investors also adjusted their positions in the real estate investment trust. Analysts currently have an average "Hold" rating on LAMR with a $133.00 price target, though some, like Citi and Morgan Stanley, have recently raised their targets.
Ad giant from Louisiana buys family owned Cleveland Outdoor Advertising
Lamar Advertising Co. has acquired Cleveland Outdoor Advertising, a family-owned business operating for nearly 50 years. The transaction adds 31 high-profile bulletin faces and more than 40 junior bulletin faces to Lamar's Cleveland inventory. Financial terms of the deal were not disclosed, and Cleveland Outdoor Advertising's president, Debra Abdalian-Thompson, expressed gratitude and trust in Lamar to carry forward the legacy.
Lamar Advertising Company $LAMR Stake Lessened by Mitsubishi UFJ Trust & Banking Corp
Mitsubishi UFJ Trust & Banking Corp significantly reduced its stake in Lamar Advertising Company (NASDAQ:LAMR) by 35.3% to 41,854 shares, valued at $5.12 million. Despite this, institutional ownership remains high at 93.78%, with other major investors like Berkshire Hathaway and Norges Bank increasing their positions. Lamar Advertising maintains a "Hold" consensus rating from Wall Street analysts, with a target price of $133.00, and reported earnings above estimates alongside a stable dividend yield of 4.8%.
Lamar Advertising Company $LAMR Shares Purchased by AlphaQuest LLC
AlphaQuest LLC significantly increased its stake in Lamar Advertising Company (NASDAQ:LAMR) by 1,251.2% in Q3, adding 8,283 shares to hold 8,945 total shares valued at approximately $1.095 million. Other institutional investors also adjusted their holdings in the real estate investment trust. Analysts currently have a consensus "Hold" rating on Lamar Advertising with an average price target of $133.00, and the company recently declared a quarterly dividend of $1.55 per share.
Strs Ohio Purchases 33,801 Shares of Lamar Advertising Company $LAMR
Strs Ohio significantly increased its stake in Lamar Advertising Company (NASDAQ:LAMR) by 1,614.2% in the third quarter, acquiring 33,801 additional shares to hold a total of 35,895 shares valued at approximately $4.39 million. This move is part of a broader institutional trend, with major entities like Berkshire Hathaway and Norges Bank also establishing substantial positions, resulting in institutional investors owning about 93.78% of the stock. Lamar Advertising, an outdoor advertising firm, reported a slight EPS beat and pays a quarterly dividend of $1.55, currently trading with a market capitalization of around $13.0 billion.
How a $1.5B dealmaker ended up running Lamar's billboards
Lamar Advertising Company (Nasdaq: LAMR) has appointed Ross Reilly as President of its Outdoor Division, effective January 1, 2026. Reilly, 40, previously served as Vice President of Mergers and Acquisitions and Special Projects, where he closed over $1.5 billion in out-of-home asset acquisitions and guided Lamar's programmatic sales strategy. In his new role, he will oversee Lamar's billboard display business, including national sales, programmatic, and operations.
Pacer Advisors Inc. Invests $1.74 Million in Lamar Advertising Company $LAMR
Pacer Advisors Inc. initiated a new stake in Lamar Advertising Company (NASDAQ:LAMR) during the third quarter, purchasing 14,208 shares valued at approximately $1.74 million. Other institutional investors have also adjusted their holdings, with institutional ownership now at about 93.78%. Lamar Advertising reported strong Q3 earnings, beating EPS estimates and showing robust profitability, and maintains a quarterly dividend of $1.55 per share.
Lamar Advertising Company Appoints Ross Reilly as President of Outdoor Division | LAMR Stock News
Lamar Advertising Company has appointed Ross Reilly as President of its Outdoor Division, effective January 1, 2026. Reilly, previously VP of Mergers and Acquisitions, will oversee national sales and operations, bringing extensive experience in acquisitions and programmatic sales strategies to the role. CEO Sean Reilly expressed strong confidence in Ross's leadership and industry knowledge.
Lamar Advertising price target raised to $140 from $135 at Morgan Stanley
Morgan Stanley has increased its price target for Lamar Advertising (LAMR) to $140 from $135, maintaining an "Equal Weight" rating. This adjustment is part of the firm's broader U.S. Advertising year-ahead outlook. The news was first published by TheFly.
Lamar Advertising (Nasdaq: LAMR) sets $1.55 quarterly and $0.25 special dividend payable Dec. 31
Lamar Advertising (Nasdaq: LAMR) has declared a quarterly cash dividend of $1.55 per share and a special cash dividend of $0.25 per share. Both dividends are payable on December 31, 2025, to stockholders of Class A and Class B common stock of record on December 22, 2025. This announcement follows positive Q3 2025 results and refinancing activities.
Lamar Advertising Company Announces Cash Dividends on Common Stock
Lamar Advertising Company has announced a quarterly cash dividend of $1.55 per share and a special cash dividend of $0.25 per share. Both dividends are payable on December 31, 2025, to stockholders of record as of December 22, 2025. The company also included forward-looking statements and a brief overview of its business operations.
Warren Buffett's Berkshire Hathaway Just Bought Nine Stocks. Here's the Best of the Bunch.
Warren Buffett's Berkshire Hathaway recently disclosed its Q3 2025 stock purchases, including a new position in Google parent Alphabet and increased stakes in eight other companies. While Alphabet gained 50% year-to-date due to AI tailwinds, the author predicts it will be Berkshire's biggest long-term winner due to its strong position in AI, Waymo, and Google's XR and quantum computing initiatives.
Lamar Advertising Reports Steady Revenue Growth in Q3 2025
Lamar Advertising Company (LAMR) announced its Q3 2025 earnings, reporting a 3.8% increase in net revenues to $585.5 million and a 3.5% rise in adjusted EBITDA to $280.8 million, despite a 2.5% decrease in net income. For the nine-month period, net revenues grew by 2.6% to $1.67 billion and net income by 20.4%, supported by a gain from the Vistar Media equity sale. The company maintains a strong liquidity position and is optimistic about achieving its full-year guidance.
Nov 6: Lamar to Release Q3 2025 Operating Results and Host 8:00 AM CT Conference Call; Webcast
Lamar Advertising Company (Nasdaq: LAMR) announced it will release its third quarter operating results for the period ended September 30, 2025, before the market opens on Thursday, November 6, 2025. The company will also host a conference call on November 6, 2025, at 8:00 a.m. Central time to discuss the results and answer questions, with dial-in and webcast details provided for investors.
$400 Million Debt Offering: Lamar Advertising Secures 5.375% Senior Notes to Refinance Credit Facility
Lamar Advertising Company's subsidiary, Lamar Media Corp., has priced a $400 million private offering of 5.375% Senior Notes due 2033. The company expects net proceeds of approximately $393.5 million, which will be used to repay outstanding debt under its revolving credit facility and Accounts Receivable Securitization Program. This refinancing aims to improve financial flexibility and manage existing liabilities without increasing the overall debt burden.
Lamar Advertising Company Announces Cash Dividend on Common Stock
Lamar Advertising Company announced a quarterly cash dividend of $1.55 per share, payable on September 30, 2025, to stockholders of record on September 19, 2025. The company expects aggregate quarterly distributions for 2025 to total at least $6.20 per common share, subject to board approval. Lamar Advertising is a large outdoor advertising company in North America, operating over 366,000 displays.
$6.20 Annual Dividend: Lamar Advertising Announces Strong Shareholder Returns for 2025 with Latest Payout
Lamar Advertising Company (LAMR) has declared a quarterly cash dividend of $1.55 per share, payable on September 30, 2025. The company projects total aggregate quarterly distributions for 2025 to be at least $6.20 per common share, pending board approval. This consistent dividend payment underscores Lamar Advertising's financial stability as a leading outdoor advertising operator.
Warren Buffett Just Bought 12 Dividend Stocks. Here's the Best of the Bunch for Income Investors.
Warren Buffett's Berkshire Hathaway purchased 12 dividend-paying stocks in the second quarter of 2025. While all these stocks pay dividends, the analysis identifies Chevron as the best choice for income investors due to its high dividend yield, strong track record of increases, and reasonable valuation. UnitedHealth Group is also highlighted as a strong runner-up.
Working Iowa: Lamar Advertising is hiring a billboard installer
Lamar Advertising in Cedar Rapids is seeking a billboard installer who is comfortable with heights and possesses a good working attitude. The role involves installing advertisements, maintenance, and light construction, primarily working Monday through Friday from 6:30 a.m. to 3 p.m. No prior experience is required, as the company provides training for the unique position.
Eye-Catching: Stone Ward, Lamar and the Arkansas Game & Fish Commission Go Fishing on I-630
Stone Ward, in collaboration with Lamar Advertising, created a unique two-part billboard campaign for the Arkansas Game & Fish Commission on Interstate 630. The first billboard showed an angler, followed by a second billboard a few hundred yards down the road depicting a hooked bass and the call to action, "GO FISH!" This innovative campaign, which ran from Memorial Day to the Fourth of July, aimed to promote fishing and increase license sales during peak season.
Lamar Advertising Expands Portfolio, Acquires Verde Outdoor Assets
Lamar Advertising has significantly expanded its portfolio by acquiring Verde Outdoor's assets, including over 1,500 billboard faces in 10 states. This acquisition, executed as an UPREIT transaction, boosts Lamar's digital platform and strategic presence in key markets. The deal highlights Lamar's continued focus on growth through acquisitions and technological advancements in the outdoor advertising sector.
Lamar Advertising Acquires Assets of Verde Outdoor in UPREIT Transaction
Lamar Advertising Company has acquired Verde Outdoor's assets in the billboard industry's first UPREIT transaction. This acquisition adds over 1,500 billboard faces, including 80 digital displays, across 10 states, expanding Lamar's presence in key markets. The UPREIT structure allowed Verde's owners to receive Lamar LP common units on a tax-deferred basis, setting a new template for future acquisitions.
Lamar Advertising acquires Verde Outdoor in first UPREIT billboard deal
Lamar Advertising (NASDAQ:LAMR) has acquired Verde Outdoor in the billboard industry's first-ever UPREIT transaction, adding over 1,500 billboard faces across 10 states. This strategic expansion boosts Lamar's presence in several key regions and is expected to drive net income growth. The deal allows Verde's owners to diversify assets tax-efficiently and follows Lamar's strong financial performance, recent earnings beat, dividend increases, and an expanded stock buyback program.
Semiconductor Stocks Retreat as U.S. Plans to Revoke Export Waivers
Semiconductor stocks declined after a report indicated the U.S. Commerce Department plans to revoke waivers for South Korean and Taiwanese chipmakers, impacting companies like Samsung, SK Hynix, and TSMC. This move aims to restrict China's technological advancements but risks straining U.S. relations with key allies and potentially disrupting global supply chains. The Philadelphia Semiconductor Index fell 0.8%, with companies like Lam Research, Nvidia, Intel, Broadcom, and Qualcomm seeing their shares trade lower.
Earnings call transcript: Lamar Advertising beats EPS estimates in Q1 2025
Lamar Advertising Company (LAMR) reported Q1 2025 earnings, beating EPS estimates with $1.35 despite revenue of $505.43 million falling short of forecasts. The stock declined 2.59% in pre-market trading, yet the company maintained its full-year AFFO guidance, citing strong growth in digital billboard and programmatic revenues, and continued M&A activity.
Billboard Expansion, Strategic Acquisitions Drive Lamar’s Success
Lamar Advertising Co. is a pioneer and powerhouse in the outdoor advertising industry, focusing on constructing more billboards, converting static billboards to digital, and acquiring competitors. Now in its 20th year as a REIT, Lamar boasts over 360,000 displays across the U.S. and Canada and attributes 88% of its revenue to roadside billboards. The company is actively pursuing acquisitions and digital billboard conversions—a segment that, despite accounting for only 3% of its billboards, generated 32% of its 2024 annual revenue.
Airport AV, Vegas Style
Lamar Airport Advertising replaced all static advertising in McCarran International Airport's Terminal 1 baggage claim with 60 NanoLumens Engage Series and Performance Series LED displays. This upgrade aimed to provide a more dynamic and engaging advertising platform, leveraging the revenue-generating and creative advantages of digital displays. The project involved careful planning and installation by Vision Sign and OSSI, operating in a 24/7 airport environment, to meet modern traveler and advertiser demands for digital-centric messaging and real-time content changes.
Teachers honored in new billboard campaign from Lamar Advertising
Lamar Advertising launched a national billboard campaign, #LamarLovesTeachers, to honor teachers during Teacher Appreciation Week. The campaign features billboards in over 100 markets, including Rochester, displaying messages submitted by people thanking teachers in their lives. The billboards will run through Friday.
OUTFRONT Media, Lamar Advertising Honor Prominent African Americans During Black History Month
OUTFRONT Media Inc. and Lamar Advertising Co. are celebrating Black History Month by using their digital billboards to honor prominent African Americans. OUTFRONT's campaign, "Making Black History with…", features Black American leaders in various fields, while Lamar's campaign recognizes those who achieved "firsts" in their respective industries. Both companies aim to inspire and raise awareness through their out-of-home advertising assets.
Company pulls provocative Boise billboard less than a day after it went up
Lamar Advertising removed a provocative Boise billboard less than 24 hours after installation due to its message being perceived as a threat and the imagery of a burning police car. The billboard, created by activist Tanisha Jae Newton and artist Morgan Baxter, aimed to empower Black and Brown communities with the message "Black & Brown Folks Built This Country / (And We’re Doing It Again) / Join Us Or Get Out Of The Way." Lamar attributed the display to employee oversight and apologized, acknowledging a large number of complaints received.
Advertising: Why billboards and outdoor ads are booming in a smartphone age
Despite the rise of digital advertising and smartphone addiction, billboards and outdoor ads are experiencing a resurgence. Major tech companies like Netflix, Apple, Google, and Amazon are investing heavily in out-of-home advertising, which offers relevance and bypasses ad-blocking software. The integration of technology, data, and programmatic buying is making these traditional ad formats more interactive, targeted, and effective in capturing consumer attention.
City Officials Order Sprint Ad Removed From Old Bayer Co. Sign On Mt. Washington
Pittsburgh city officials have ordered Lamar Advertising and Sprint Corp. to remove an unauthorized Sprint advertisement from the iconic Bayer Co. sign on Mt. Washington. The city's Law Department sent cease and desist letters, citing that neither company applied for the proper permits for the "Pittsburgh WINS with Black & Yellow" vinyl ad. Officials plan to impose fines and penalties, noting this is not the first controversy surrounding the sign.
A crime by the highway: Poisoning trees to make billboards easier to see
This article details the practice of billboard companies illegally poisoning trees to improve the visibility of their advertising signs. It highlights a criminal investigation involving Lamar Advertising Company and a former employee, Robert J. Barnhart, who claims he was fired for refusing to continue poisoning trees. The piece also discusses broader legal and ethical issues surrounding vegetation removal by the advertising industry and the challenges authorities face in prosecuting these crimes.
