Lamar Advertising Company (NASDAQ:LAMR) Receives $139.80 Consensus Price Target from Analysts

Lamar Advertising Company (NASDAQ:LAMR) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $139.80.

Several brokerages recently issued reports on LAMR. UBS Group set a $150.00 price objective on Lamar Advertising in a research note on Monday, February 23rd. TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a research note on Monday, February 23rd. Wells Fargo & Company raised their target price on Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings upgraded Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday, February 23rd.

Lamar Advertising Stock Performance

Shares of LAMR opened at $135.15 on Tuesday. The business’s fifty day moving average price is $132.17 and its 200 day moving average price is $128.27. Lamar Advertising has a 12-month low of $105.78 and a 12-month high of $139.76. The stock has a market capitalization of $13.69 billion, a PE ratio of 23.42 and a beta of 1.20. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.58 and a quick ratio of 0.58.

Lamar Advertising (NASDAQ:LAMR) last announced its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.The firm had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Equities research analysts forecast that Lamar Advertising will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a $1.60 dividend. The ex-dividend date was Monday, March 16th. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 dividend on an annualized basis and a yield of 4.7%. Lamar Advertising’s dividend payout ratio (DPR) is 110.92%.

Insider Transactions at Lamar Advertising

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $128.65, for a total value of $767,911.85. Following the sale, the executive vice president directly owned 15,850 shares in the company, valued at approximately $2,039,102.50. This trade represents a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 15.24% of the company’s stock.

Institutional Investors Weigh In On Lamar Advertising

Hedge funds have recently added to or reduced their stakes in the stock. Tucker Asset Management LLC acquired a new position in shares of Lamar Advertising during the fourth quarter valued at $25,000. Quent Capital LLC bought a new position in Lamar Advertising in the 3rd quarter valued at about $26,000. Alpine Bank Wealth Management bought a new position in Lamar Advertising in the 3rd quarter valued at about $27,000. Sound Income Strategies LLC grew its position in Lamar Advertising by 151.0% in the 4th quarter. Sound Income Strategies LLC now owns 251 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 151 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in Lamar Advertising in the 3rd quarter valued at about $33,000. 93.78% of the stock is currently owned by institutional investors.

Lamar Advertising Company Profile

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.