Lamar Advertising Company

Baton Rouge, LA United States

  (NASDAQ: LAMR)

Company Description

Here's a company that shows all the signs of being a successful outdoor advertising business. Lamar Advertising is one of the top billboard operators in the US, along with CBS Outdoor and Clear Channel Outdoor. The company maintains about 146,000 billboards in 45 states, plus Canada and Puerto Rico. It also sells advertising space on almost 30,000 signs placed on buses and at bus stops in more than 15 states, and it maintains more than 100,000 logo signs (highway exit signs with logos of nearby hotels and restaurants) along interstates in about 20 states and Canada. Chairman Kevin Reilly Jr., together with members of his family, controls a 75% voting stake in the company.