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Advertising Agencies

Lamar Advertising Company (LAMR), founded in 1902, is one of the largest outdoor advertising companies in the world. It is a publicly-traded company based in Baton Rouge, Louisiana, and is listed on the NASDAQ stock exchange. The company primarily engages in outdoor advertising displaying primarily on billboards, transit, and airport advertising properties.

Here is some general information on Lamar Advertising Co, focusing on revenue, earnings, and growth:

1. Revenue: Lamar Advertising Co generated $3.7 billion in revenue in 2020. This represents a decrease of 4.4% from the previous year's revenue of $3.9 billion, primarily due to the COVID-19 pandemic's impact.

2. Earnings: In 2020, Lamar Advertising Co reported a net income of $352.2 million, representing a decrease of 10.5% from the previous year's net income of $394.4 million.

3. Earnings Per Share (EPS): Lamar Advertising Co reported diluted EPS of $4.22 in 2020, representing a decrease of 7.3% from the previous year's diluted EPS of $4.55.

4. Cash Flow: Lamar Advertising Co generated $833.5 million in cash from operating activities in 2020, representing an increase of 4.4% from the previous year's cash flow of $797.4 million.

5. Dividends: Lamar Advertising Co pays a regular quarterly dividend of $1.02 per share, representing a dividend yield of 3.5% based on the current stock price.

6. Valuation: Lamar Advertising Co has a trailing twelve-month price-to-earnings (P/E) ratio of 18.1x, which is slightly above the industry average.

7. Growth: Despite the challenges presented by the COVID-19 pandemic in 2020, Lamar Advertising Co continues to invest in growth opportunities, including digital billboards, expanding its transit and airport advertising businesses, and deploying new technologies.

In summary, Lamar Advertising Co has reported a slight decline in revenue and earnings in 2020 due to the COVID-19 pandemic's impact. However, the company continues to generate strong cash flow and pays a quarterly dividend of $1.02 per share. Lamar Advertising Co is well-positioned for long-term growth, as it continues to invest in new technology and expanding its advertising business.

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