Jim Cramer's View on Lamar Advertising: Jim Cramer discussed Lamar Advertising Company (NASDAQ: LAMR), noting its consistent income and 5% dividend yield, while expressing skepticism about the advertising industry overall.
Company Overview and Dividend Announcement: Lamar Advertising provides outdoor advertising solutions and declared a $1.55 dividend per share, with a yield of 4.95%, highlighting its financial stability despite the challenges in the advertising sector.
LAMR
$128.45+Infinity%1D
Analyst Views on LAMR
About LAMR
Lamar Advertising Company is an outdoor advertising company, with over 363,000 displays across the United States and Canada. It offers advertisers a variety of billboards, interstate logo, transit and airport advertising formats. The Company offers its customers a network of digital billboards in the United States with approximately 5,100 displays. The Company operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays. Under Billboards, it rents most of its advertising space on two types of billboards: bulletins and posters. In addition to traditional billboards, it rents space on digital billboards, which are located on major traffic arteries and city streets. Under Logo signs, it rents advertising space on logo signs located near highway exits. Under Transit advertising displays, it rents advertising space on the exterior and interior of public transportation vehicles, in airport terminals, and on transit shelters and benches.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
