Lamar Advertising Company (LAMR)
| Market Cap | 13.05B |
| Revenue (ttm) | 2.19B |
| Net Income (ttm) | 511.79M |
| Shares Out | 102.36M |
| EPS (ttm) | 5.00 |
| PE Ratio | 25.51 |
| Forward PE | 23.63 |
| Dividend | $5.60 (4.39%) |
| Ex-Dividend Date | Sep 18, 2024 |
| Volume | 239,145 |
| Open | 127.24 |
| Previous Close | 127.68 |
| Day's Range | 126.55 - 128.06 |
| 52-Week Range | 97.52 - 139.88 |
| Beta | 1.54 |
| Analysts | Hold |
| Price Target | 132.40 (+3.81%) |
| Earnings Date | Nov 8, 2024 |
About 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. [Read more]
Financial Performance
In 2023, Lamar Advertising Company's revenue was $2.11 billion, an increase of 3.84% compared to the previous year's $2.04 billion. Earnings were $495.40 million, an increase of 13.03%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for LAMR stock is "Hold." The 12-month stock price forecast is $132.4, which is an increase of 3.81% from the latest price.
News
Lamar Advertising Company (LAMR) Q3 2024 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Sean Reilly - CEO & President Jay Johnson - EVP, CFO & Treasurer Conference C...
Lamar Advertising Company Announces Third Quarter Ended September 30, 2024 Operating Results
Three Month Results • Net revenues was $564.1 million • Net income was $147.8 million • Adjusted EBITDA was $271.2 million Nine Month Results • Net revenues was $1.63 billion • Net income was $36...
Lamar Advertising Company to Release Third Quarter Ended September 30, 2024 Operating Results
BATON ROUGE, La., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its third quarter ended September 30, 2024 earnings report before the market opens on Friday, ...
Lamar Advertising Company Announces Cash Dividend on Common Stock
BATON ROUGE, La., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of di...
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
Lamar Advertising Company (LAMR) Q2 2024 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Sean Reilly - Chief Executive Officer Jay Johnson - Chief Financial Officer Con...
Lamar Advertising Company Announces Second Quarter Ended June 30, 2024 Operating Results
Three Month Results Net revenue was $565.3 million Net income was $137.6 million Adjusted EBITDA was $271.6 million Six Month Results Net revenue was $1.06 billion Net income was $216.1 million Adjust...
Lamar Advertising: A Unique REIT With Margin Expansion And AFFO Growth Potential
Lamar Advertising is one of the largest outdoor advertising companies in the U.S. and owns several billboards and large physical displays. Over the last decade, the company has shown consistent growth...
Lamar Advertising Company to Release Second Quarter Ended June 30, 2024 Operating Results
BATON ROUGE, La., July 08, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its second quarter ended June 30, 2024 earnings report before the market opens on Thursday, Au...
Lamar Advertising Company Announces Cash Dividend on Common Stock
BATON ROUGE, La., May 16, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of dir...
Lamar Advertising to appear at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference
BATON ROUGE, La., May 08, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a questio...
Lamar Advertising Company Announces First Quarter Ended March 31, 2024 Operating Results
Three Month Results Net revenue was $498.2 million Net income was $78.5 million Adjusted EBITDA was $211.9 million BATON ROUGE, La., May 02, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Co...
Lamar Advertising Company to Release First Quarter Ended March 31, 2024 Operating Results
BATON ROUGE, La., April 09, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its first quarter ended March 31, 2024 earnings report before the market opens on Thursday, M...
Lamar's Tight Expense Control Facilitates Reliable Growth
Lamar Advertising reported strong numbers despite external headwinds such as weak ad spending and political advertising downturn. The company's success is attributed to its efficient operations, cost-...
Who's Buying Billboards?
Stuckey's, a popular brand known for its Pecan Roll, was a prominent billboard advertiser in the '70s. Today, the billboard industry is heavily regulated, making it difficult to obtain new constructio...
Lamar Advertising Company (LAMR) Q4 2023 Earnings Call Transcript
Lamar Advertising Company (LAMR) Q4 2023 Earnings Call Transcript
Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2023 Operating Results
Three Month Results Net revenue was $555.9 million Net income was $149.3 million Adjusted EBITDA was $268.2 million Twelve Month Results Net revenue was $2.11 billion Net income was $496.8 million Adj...
Lamar Advertising to appear at the Morgan Stanley Technology, Media and Telecom Conference
BATON ROUGE, La., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a questi...
Lamar Advertising to appear at the Citi 2024 Global Property CEO Conference
BATON ROUGE, La., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a quest...
Lamar Advertising Announces Tax Reporting Information For 2023 Distributions on Common Stock
BATON ROUGE, La., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2023 distributi...
Lamar Advertising Company to Release Fourth Quarter Ended December 31, 2023 Operating Results
BATON ROUGE, La., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its fourth quarter ended December 31, 2023 earnings report before the market opens on Friday...
Lamar Advertising: Digital Transformation And Lower Rates Can Power Growth
Lamar Advertising is benefitting from a digital transformation in its portfolio and increased travel, insulating it from the broader advertising slowdown.
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Lamar Advertising Company (LAMR) Q3 2023 Earnings Call Transcript
Lamar Advertising Company (NASDAQ:LAMR) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Sean Reilly - President and Chief Executive Officer Jay Johnson - Treasurer a...
Lamar Advertising Company Announces Third Quarter Ended September 30, 2023 Operating Results
Three Month Results Net revenue was $542.6 million Net income was $140.4 million Adjusted EBITDA was $265.7 million Nine Month Results Net revenue was $1.56 billion Net income was $347.5 million Adjus...