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Outfront Media Surges 40% in One Year, Then Gets Cut Loose Despite 'Exceptional Performance'
Yahoo Finance· 2026-01-23 15:20
Key Points GraniteShares sold 171,052 shares of Outfront Media; the estimated transaction size was $3.13 million based on quarterly average prices. The transaction represented a 1.9% shift in 13F reportable assets under management (AUM). The move marked a full exit from the holding. These 10 stocks could mint the next wave of millionaires › On January 20, GraniteShares Advisors disclosed in an SEC filing that it sold out of Outfront Media (NYSE:OUT), liquidating 171,052 shares in a transaction e ...
Lamar Advertising Announces Tax Reporting Information For 2025 Distributions on Common Stock
Globenewswire· 2026-01-20 21:20
BATON ROUGE, La., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2025 distributions on its Class A and Class B common stock (“Common Stock”). The following table summarizes, for federal income tax purposes, the nature of distributions paid to holders of Lamar Common Stock, presented on a per share basis, during the calendar year ended December 31, 2025. Stockholders are encouraged to consu ...
Lamar Advertising Company Announces Cash Dividends on Common Stock
Globenewswire· 2025-12-11 21:15
Core Viewpoint - Lamar Advertising Company has declared a quarterly cash dividend of $1.55 per share and a special cash dividend of $0.25 per share, both payable on December 31, 2025 [1] Company Overview - Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, operating over 362,000 displays across the United States and Canada [3] - The company offers a variety of advertising formats including billboards, interstate logos, transit, and airport advertising, catering to both local businesses and national brands [3] - Lamar boasts the largest network of digital billboards in the United States, with over 5,400 displays [3]
OUTFRONT Media Q1 AFFO & Revenues Miss, Interest Expenses Dip
ZACKS· 2025-05-09 18:10
Core Viewpoint - OUTFRONT Media Inc. reported a first-quarter 2025 adjusted funds from operations (AFFO) per share of 14 cents, missing the Zacks Consensus Estimate of 15 cents, with no change from the prior-year quarter [1][2] Financial Performance - Quarterly revenues were $390.7 million, missing the Zacks Consensus Estimate by 1.5%, and decreased 4.4% year over year [2] - Billboard revenues totaled $310.7 million, reflecting a year-over-year decline of 1%, attributed to lost billboards and lower proceeds from condemnations, partially offset by higher average revenue per display [2][3] - Transit revenues increased to $77.7 million, up 2.6% from the year-ago quarter, driven by higher average revenue per display [3] - Operating income was $13.9 million, slightly down from $14 million in the previous year [3] - Operating expenses decreased to $221.3 million, down 7.3% year over year, due to lower variable property lease expenses and the impact of lost billboards [4] - Net interest expenses decreased to $36 million, down 13% from $41.4 million in the prior-year period, due to lower average debt balance and interest rates [5] Cash Flow and Balance Sheet - Net cash flow from operating activities for the quarter was $33.6 million, an increase from $30.6 million in the prior-year period [6] - As of March 31, 2025, the company had unrestricted cash of $30.5 million and $494.8 million available under its $500 million revolving credit facility [7] - No shares were sold under the at-the-market (ATM) equity program, with $232.5 million available under the program at the quarter's end [8] Dividend Information - OUTFRONT Media announced a quarterly cash dividend of 30 cents per share, payable on June 30 to shareholders of record as of June 6, 2025 [9]