Lamar Advertising Company (LAMR)

NASDAQ: LAMR · IEX Real-Time Price · USD
119.86
+1.18 (0.99%)
At close: May 24, 2024, 4:00 PM
120.30
+0.44 (0.37%)
After-hours: May 24, 2024, 7:43 PM EDT
0.99%
Market Cap 12.15B
Revenue (ttm) 2.14B
Net Income (ttm) 497.58M
Shares Out 101.39M
EPS (ttm) 4.87
PE Ratio 24.61
Forward PE 27.04
Dividend $5.20 (4.34%)
Ex-Dividend Date Jun 17, 2024
Volume 278,759
Open 119.39
Previous Close 118.68
Day's Range 119.86 - 119.86
52-Week Range 77.21 - 122.22
Beta 1.51
Analysts Hold
Price Target 109.50 (-8.64%)
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]

Sector Real Estate
IPO Date Aug 2, 1996
Employees 3,550
Stock Exchange NASDAQ
Ticker Symbol LAMR
Full Company Profile

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 Statements

Analyst 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 -8.64% from the latest price.

Price Target
$109.5
(-8.64% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

11 days ago - GlobeNewsWire

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...

19 days ago - GlobeNewsWire

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...

26 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

Final Trades: Gartner, United Airlines & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: UALITXLU
7 months ago - CNBC Television

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3 - Creative Media (NASDAQ:CMCT), Braemar Hotels & Resorts (NYSE:BHR)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: BHRCMCTMPWNHI
10 months ago - Benzinga

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...

10 months ago - GlobeNewsWire

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, ...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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,...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire