Analysts Set Lamar Advertising Company (NASDAQ:LAMR) PT at $133.00

Shares of Lamar Advertising Company (NASDAQ:LAMR) have received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $139.80.

LAMR has been the subject of a number of research reports. Citigroup upped their price target on shares of Lamar Advertising from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. UBS Group set a $150.00 price target on Lamar Advertising in a research report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Lamar Advertising from $122.00 to $128.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Morgan Stanley set a $140.00 price target on shares of Lamar Advertising in a report on Tuesday, December 16th. Finally, Weiss Ratings raised shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday.

Institutional Trading of Lamar Advertising

Institutional investors and hedge funds have recently made changes to their positions in the stock. Berkshire Hathaway Inc acquired a new position in Lamar Advertising during the 2nd quarter valued at approximately $141,931,000. M&T Bank Corp increased its holdings in shares of Lamar Advertising by 12,278.7% in the 4th quarter. M&T Bank Corp now owns 1,147,876 shares of the real estate investment trust’s stock worth $145,298,000 after acquiring an additional 1,138,603 shares during the period. Norges Bank acquired a new stake in shares of Lamar Advertising in the 2nd quarter worth about $116,240,000. AQR Capital Management LLC boosted its stake in Lamar Advertising by 123.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock valued at $177,152,000 after purchasing an additional 816,217 shares during the period. Finally, Egerton Capital UK LLP acquired a new stake in shares of Lamar Advertising in the third quarter valued at approximately $88,615,000. 93.78% of the stock is currently owned by institutional investors and hedge funds.

Lamar Advertising Price Performance

LAMR stock opened at $135.02 on Monday. The company has a current ratio of 0.58, a quick ratio of 0.59 and a debt-to-equity ratio of 3.10. Lamar Advertising has a 12-month low of $99.84 and a 12-month high of $136.69. The company has a market cap of $13.67 billion, a PE ratio of 23.40 and a beta of 1.23. The stock has a 50-day moving average price of $129.63 and a two-hundred day moving average price of $126.48.

Lamar Advertising (NASDAQ:LAMR) last released 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 business had revenue of $595.93 million for the quarter, compared to analysts’ expectations of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, research analysts predict that Lamar Advertising will post 7.92 EPS for the current year.

Lamar Advertising Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 22nd. Lamar Advertising’s payout ratio is currently 107.45%.

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.