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Lamar Advertising: A Unique REIT With Margin Expansion And AFFO Growth Potential
LAMRLamar(LAMR) Seeking Alpha·2024-07-16 01:43

Moonstone Images/iStock Unreleased via Getty Images Introduction Lamar Advertising (NASDAQ:LAMR) is a unique REIT specializing in outdoor advertising for things like billboards and large display posters that you might see on a highway. While you might think that this is a declining industry, the company has actually demonstrated a proven track record of consistent revenue and EBITDA growth over the past several years. While the latest quarter missed analysts' expectations, I think that the company is positi ...