NASDAQ:LAMR

Lamar Advertising (LAMR) Stock Price, News & Analysis

$112.81
-1.25 (-1.10%)
(As of 04/25/2024 ET)
Today's Range
$111.64
$113.63
50-Day Range
$107.25
$120.58
52-Week Range
$77.21
$121.99
Volume
331,701 shs
Average Volume
405,066 shs
Market Capitalization
$11.51 billion
P/E Ratio
23.26
Dividend Yield
4.61%
Price Target
$109.50

Lamar Advertising MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.9% Downside
$109.50 Price Target
Short Interest
Bearish
2.08% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.94
Upright™ Environmental Score
News Sentiment
0.16mentions of Lamar Advertising in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$594,850 Sold Last Quarter
Proj. Earnings Growth
7.03%
From $7.54 to $8.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Finance Sector

473rd out of 855 stocks

Real Estate Investment Trusts Industry

98th out of 178 stocks

LAMR stock logo

About Lamar Advertising Stock (NASDAQ:LAMR)

Lamar Advertising Company operates as an outdoor advertising company in the United States and Canada. The company owns and operates billboards, logo signs, and transit advertising displays, as well as rents space for advertising on billboards, buses, shelters, benches, logo plates, and in airport terminals. Lamar Advertising Company was founded in 1902 and is headquartered in Baton Rouge, Louisiana.

LAMR Stock Price History

LAMR Stock News Headlines

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Company Calendar

Last Earnings
2/23/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Advertising
Current Symbol
NASDAQ:LAMR
CUSIP
51281510
Employees
3,550
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$109.50
High Stock Price Target
$110.00
Low Stock Price Target
$109.00
Potential Upside/Downside
-2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$495.76 million
Pretax Margin
24.00%

Debt

Sales & Book Value

Annual Sales
$2.11 billion
Cash Flow
$7.67 per share
Book Value
$11.92 per share

Miscellaneous

Free Float
86,777,000
Market Cap
$11.51 billion
Optionable
Optionable
Beta
1.50

Social Links

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Key Executives

  • Mr. Kevin Patrick Reilly Jr. (Age 70)
    Executive Chairman
    Comp: $768.22k
  • Mr. Sean E. Reilly (Age 62)
    CEO & President
    Comp: $2.19M
  • Micky Vint
    Executive Vice President of Operations
  • Mr. Sukhvinder Singh (Age 53)
    Senior Vice President of Technology and Innovation
  • Mr. James R. McIlwain
    Secretary & General Counsel
  • Mr. John M. Miller
    Executive Vice President of Sales & Marketing
  • Ms. Tammy Duncan
    Executive Vice President of Human Resources
  • Hal Kilshaw
    Executive Vice President of Governmental Relations
  • Mr. Lee Kantrow Jr. (Age 49)
    Executive Vice President of Business Development
  • Denise Shewmake
    Executive VP & Central Regional Manager

LAMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Lamar Advertising stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LAMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAMR, but not buy additional shares or sell existing shares.
View LAMR analyst ratings
or view top-rated stocks.

What is Lamar Advertising's stock price target for 2024?

2 Wall Street analysts have issued 12-month target prices for Lamar Advertising's shares. Their LAMR share price targets range from $109.00 to $110.00. On average, they anticipate the company's stock price to reach $109.50 in the next year. This suggests that the stock has a possible downside of 2.9%.
View analysts price targets for LAMR
or view top-rated stocks among Wall Street analysts.

How have LAMR shares performed in 2024?

Lamar Advertising's stock was trading at $106.28 on January 1st, 2024. Since then, LAMR shares have increased by 6.1% and is now trading at $112.81.
View the best growth stocks for 2024 here
.

Are investors shorting Lamar Advertising?

Lamar Advertising saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,090,000 shares, a decline of 11.1% from the March 15th total of 2,350,000 shares. Based on an average daily trading volume, of 418,800 shares, the short-interest ratio is presently 5.0 days.
View Lamar Advertising's Short Interest
.

When is Lamar Advertising's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LAMR earnings forecast
.

How can I listen to Lamar Advertising's earnings call?

Lamar Advertising will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Lamar Advertising's earnings last quarter?

Lamar Advertising (NASDAQ:LAMR) released its earnings results on Friday, February, 23rd. The real estate investment trust reported $1.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.95 by $0.49. The real estate investment trust had revenue of $555.91 million for the quarter, compared to analyst estimates of $549.84 million. Lamar Advertising had a net margin of 23.49% and a trailing twelve-month return on equity of 41.88%. During the same period last year, the firm posted $1.91 EPS.

How often does Lamar Advertising pay dividends? What is the dividend yield for Lamar Advertising?

Lamar Advertising declared a quarterly dividend on Thursday, February 22nd. Stockholders of record on Friday, March 15th will be given a dividend of $1.30 per share on Thursday, March 28th. This represents a $5.20 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $1.25.
Read our dividend analysis for LAMR
.

Is Lamar Advertising a good dividend stock?

Lamar Advertising (NASDAQ:LAMR) pays an annual dividend of $5.20 per share and currently has a dividend yield of 4.54%. LAMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 107.22%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LAMR will have a dividend payout ratio of 64.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LAMR.

What guidance has Lamar Advertising issued on next quarter's earnings?

Lamar Advertising issued an update on its FY24 earnings guidance on Friday, February, 23rd. The company provided EPS guidance of $7.67-7.82 for the period, compared to the consensus earnings per share estimate of $7.70.

What is Sean Reilly's approval rating as Lamar Advertising's CEO?

86 employees have rated Lamar Advertising Chief Executive Officer Sean Reilly on Glassdoor.com. Sean Reilly has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Lamar Advertising own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lamar Advertising investors own include Enterprise Products Partners (EPD), Verizon Communications (VZ), Chevron (CVX), AT&T (T), Iron Mountain (IRM), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Duke Energy (DUK) and International Business Machines (IBM).

Who are Lamar Advertising's major shareholders?

Lamar Advertising's stock is owned by a number of retail and institutional investors. Top institutional investors include Miller Howard Investments Inc. NY (0.38%), Raymond James & Associates (0.35%), New York State Teachers Retirement System (0.12%), Eudaimonia Advisors LLC (0.11%), Gilman Hill Asset Management LLC (0.09%) and State of Alaska Department of Revenue (0.05%). Insiders that own company stock include Anna Reilly, Jay Lecoryelle Johnson, Nancy Fletcher, Stephen P Mumblow and Thomas V Reifenheiser.
View institutional ownership trends
.

How do I buy shares of Lamar Advertising?

Shares of LAMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LAMR) was last updated on 4/26/2024 by MarketBeat.com Staff

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