Brokerages Set Lamar Advertising Company (NASDAQ:LAMR) Price Target at $139.80

Shares of Lamar Advertising Company (NASDAQ:LAMR) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $139.80.

Several research firms have weighed in on LAMR. Morgan Stanley set a $140.00 price target on Lamar Advertising in a research report on Tuesday, December 16th. Weiss Ratings raised shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday, February 23rd. Wells Fargo & Company boosted their target price on shares of Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 24th. TD Cowen reaffirmed a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Finally, UBS Group set a $150.00 price target on shares of Lamar Advertising in a research note on Monday, February 23rd.

Lamar Advertising Price Performance

Shares of LAMR stock opened at $124.57 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.58 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 $139.76. The firm has a fifty day moving average of $132.30 and a 200-day moving average of $127.84. The firm has a market capitalization of $12.62 billion, a price-to-earnings ratio of 21.59 and a beta of 1.21.

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

Lamar Advertising Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $1.60 dividend. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, March 16th. Lamar Advertising’s dividend payout ratio is presently 110.92%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Tucker Asset Management LLC acquired a new stake in Lamar Advertising in the 4th quarter worth about $25,000. Quent Capital LLC bought a new position in shares of Lamar Advertising during the third quarter worth approximately $26,000. Alpine Bank Wealth Management bought a new position in shares of Lamar Advertising during the third quarter worth approximately $27,000. Sound Income Strategies LLC raised its position in shares of Lamar Advertising by 151.0% in the fourth 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 stake in shares of Lamar Advertising in the third quarter valued at approximately $33,000. 93.78% of the stock is owned by institutional investors.

About Lamar Advertising

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.