Lamar Advertising Company (LAMR)
Market Cap | 11.37B |
Revenue (ttm) | 2.11B |
Net Income (ttm) | 495.40M |
Shares Out | 101.99M |
EPS (ttm) | 4.85 |
PE Ratio | 22.98 |
Forward PE | 21.45 |
Dividend | $5.20 (4.67%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 264,743 |
Open | 110.72 |
Previous Close | 110.72 |
Day's Range | 110.10 - 111.69 |
52-Week Range | 77.21 - 121.99 |
Beta | 1.52 |
Analysts | Hold |
Price Target | 109.50 (-1.74%) |
Earnings Date | May 2, 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, LAMR's revenue was $2.11 billion, an increase of 3.88% compared to the previous year's $2.03 billion. Earnings were $495.40 million, an increase of 13.03%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for LAMR stock is "Hold." The 12-month stock price forecast is $109.5, which is a decrease of -1.74% from the latest price.
News
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 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 Company Announces Cash Dividend on Common Stock
BATON ROUGE, La., Feb. 22, 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...
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 Company Announces Cash Dividend on Common Stock
BATON ROUGE, La., Nov. 29, 2023 (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...
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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...
Lamar Advertising Company to Release Third Quarter Ended September 30, 2023 Operating Results
BATON ROUGE, La., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its third quarter ended September 30, 2023 earnings report before the market opens on Thursd...
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Lamar Advertising Company Announces Second Quarter Ended June 30, 2023 Operating Results
Three Month Results Net revenue was $541.1 million Net income was $130.9 million Adjusted EBITDA was $253.9 million Six Month Results Net revenue was $1.01 billion Net income was $207.1 million Adjust...
Lamar Advertising Company to Release Second Quarter Ended June 30, 2023 Operating Results
BATON ROUGE, La., July 10, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its second quarter ended June 30, 2023 earnings report before the market opens on Thursday, ...
Lamar Advertising to appear at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference
BATON ROUGE, La., May 09, 2023 (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, 2023 Operating Results
Three Month Results Net revenue was $471.3 million Net income was $76.2 million Adjusted EBITDA was $198.0 million BATON ROUGE, La., May 04, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Co...
Lamar Advertising Company to Release First Quarter Ended March 31, 2023 Operating Results
BATON ROUGE, La., April 05, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its first quarter ended March 31, 2023 earnings report before the market opens on Thursday,...
Make-A-Wish and Lamar Advertising enter yearlong pro bono partnership
Lamar will donate local and national digital billboard space to support donation drives, recruit volunteers and showcase wishes granted PHOENIX , March 7, 2023 /PRNewswire/ -- Lamar Advertising, one o...
Lamar Advertising to appear at the Wolfe Research Real Estate and Housing Conference
BATON ROUGE, La., March 02, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in an outd...
Lamar Advertising to Appear at the Citi 2023 Global Property CEO Conference
BATON ROUGE, La., Feb. 27, 2023 (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 Company Announces Fourth Quarter and Year Ended December 31, 2022 Operating Results
Three Month Results
Lamar Advertising Company Announces Cash Dividend on Common Stock & Extension of Stock and Debt Repurchase Programs
BATON ROUGE, La., Feb. 23, 2023 (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...
Lamar Advertising Company to Release Fourth Quarter Ended December 31, 2022 Operating Results
BATON ROUGE, La., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its fourth quarter ended December 31, 2022 earnings report before the market opens on Friday...
Lamar Advertising Announces Tax Reporting Information For 2022 Distributions on Common Stock
BATON ROUGE, La., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2022 distributi...