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Lamar Advertising Company (LAMR)

NASDAQ: LAMR · Delayed Price · USD
109.82 -0.75 (-0.68%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap11.11B
Revenue (ttm)1.63B
Net Income (ttm)329.04M
Shares Out101.13M
EPS (ttm)3.26
PE Ratio33.70
Forward PE29.50
Dividend$2.50 (2.28%)
Ex-Dividend DateSep 17, 2021
Volume1,081,625
Open108.68
Previous Close110.57
Day's Range108.44 - 110.32
52-Week Range58.55 - 116.54
Beta1.51
AnalystsHold
Price Target121.00 (+10.2%)
Est. Earnings DateNov 4, 2021

About LAMR

Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,600 ...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateAug 2, 1996
CEOSean Reilly
Employees3,300
Stock ExchangeNASDAQ
Ticker SymbolLAMR
Full Company Profile

Financial Performance

In 2020, LAMR's revenue was $1.57 billion, a decrease of -10.54% compared to the previous year's $1.75 billion. Earnings were $243.39 million, a decrease of -34.59%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LAMR stock is "Hold." The 12-month stock price forecast is 121.00, which is an increase of 10.18% from the latest price.

Price Target
$121.00
(10.18% upside)
Analyst Consensus: Hold

News

Lamar (LAMR) Grabs Attention With Digital Display Upgrades

With the rising traffic and daily life returning to normal, Lamar (LAMR) is likely to ride high by upgrading its advertising displays with LED digital displays.

3 days ago - Zacks Investment Research

Lamar (LAMR) Rewards Investors With Quarterly Dividend Hike

With the latest hike, Lamar's (LAMR) dividend reaches the pre-pandemic rate, bringing additional relief for investors.

1 week ago - Zacks Investment Research

Lamar Advertising Company Announces Cash Dividend on Common Stock

BATON ROUGE, La., Sept. 07, 2021 (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...

1 week ago - GlobeNewsWire

Here's Why You Should Retain Lamar (LAMR) Stock Right Now

A diversified tenant base across various sectors and opportunistic acquisitions will likely aid the financials of Lamar (LAMR), though high debt level is a woe.

3 weeks ago - Zacks Investment Research

Lamar (LAMR) Beats Q2 Revenue Estimates, Raises 2021 View

Lamar's (LAMR) Q2 results reflect higher-than-anticipated revenues. The REIT also raised the previous 2021 guidance on solid momentum across its business.

1 month ago - Zacks Investment Research

Lamar Advertising (LAMR) Misses Q2 FFO Estimates

Lamar (LAMR) delivered FFO and revenue surprises of -1.13% and 4.93%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Lamar Advertising Company Announces Commencement of Exchange Offer for 3 5/8% Senior Notes due 2031

BATON ROUGE, La., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) announced today that its wholly owned subsidiary, Lamar Media Corp., has commenced an offer to exchange all $...

1 month ago - GlobeNewsWire

Lamar Advertising Company Names Sukhvinder Singh Senior VP of Technology & Innovation

BATON ROUGE, La., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner of outdoor advertising and logo sign displays, today announced that Sukhvinder Singh has joi...

1 month ago - GlobeNewsWire

Lamar Advertising and Grocery TV Partner to Package Premium Digital Out-of-Home (DOOH) Advertising through Private Ma...

AUSTIN, Texas, July 27, 2021 /PRNewswire/ -- Lamar Advertising, one of the largest out-of-home (OOH) advertising companies in the world, and Grocery TV, a digital out-of-home (DOOH) advertising company ...

1 month ago - PRNewsWire

Lamar Advertising (LAMR) Buys Minority Stake in Vistar Media

With the acquisition of a minority equity stake in Vistar Media, Lamar Advertising (LAMR) will receive a seat in Vistar's boards.

2 months ago - Zacks Investment Research

Lamar Advertising Company Announces Investment in Vistar Media

BATON ROUGE, La., July 12, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), an owner and operator of outdoor advertising and logo sign displays, announced today that it has acquired a ...

2 months ago - GlobeNewsWire

Vistar Media Secures $30M Series B Investment from Lamar Advertising Company

NEW YORK--(BUSINESS WIRE)--Vistar Media, the leading global provider of programmatic technology for digital out-of-home, today announced a Series B funding round of $30M from Lamar Advertising Company (...

2 months ago - Business Wire

Lamar Advertising Company to Release Second Quarter Ended June 30, 2021 Operating Results

BATON ROUGE, La., July 09, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its second quarter ended June 30, 2021 earnings report before the market opens on Thursday, Au...

2 months ago - GlobeNewsWire

Here's Why It Is Wise to Hold Lamar Advertising (LAMR) Stock Now

Despite a dent in the company's advertising revenues, a diversified tenant base across various sectors and opportunistic acquisitions will likely aid the financials of Lamar Advertising (LAMR).

3 months ago - Zacks Investment Research

Why Is Lamar (LAMR) Up 5.6% Since Last Earnings Report?

Lamar (LAMR) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

OOH Ad Stocks Launch as Reopening Gets in Gear (IHRT, LAMR, LPTV, CCO)

The Out-of-Home ad industry. Ever heard of it?

Other symbols:CCOIHRT
3 months ago - OTC PR Wire

Lamar Advertising Company Announces Cash Dividend on Common Stock

BATON ROUGE, La., May 20, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of direc...

3 months ago - GlobeNewsWire

Lamar Advertising to appear at the 49th Annual J.P. Morgan Global Technology, Media and Communications Conference

BATON ROUGE, La., May 20, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-...

3 months ago - GlobeNewsWire

7 Dividend Stocks to Avoid in Your Retirement Portfolio

If you're looking to build out a solid foundation for your retirement portfolio, these are the income stocks to avoid right now. The post 7 Dividend Stocks to Avoid in Your Retirement Portfolio appeared...

Other symbols:BXPEQRETPPLTVFC
4 months ago - InvestorPlace

Lamar (LAMR) Beats Q1 Revenue Estimates, Raises 2021 View

Lamar's (LAMR) Q1 results reflect higher-than-anticipated revenues. The REIT also raised its prior guidance for 2021 on anticipated continued recovery from the pandemic.

4 months ago - Zacks Investment Research

Lamar Advertising (LAMR) Q1 FFO Lag Estimates

Lamar (LAMR) delivered FFO and revenue surprises of -1.71% and 3.66%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Lamar Advertising Company to Release First Quarter Ended March 31, 2021 Operating Results

BATON ROUGE, La., April 20, 2021 (GLOBE NEWSWIRE) -- Baton Rouge, Louisiana – Tuesday, April 20, 2021 - Lamar Advertising Company (Nasdaq: “LAMR”) will release its first quarter ended March 31, 2021 ear...

4 months ago - GlobeNewsWire

Lamar Advertising Launching Corporate-Sponsored SPAC: Lamar Partnering Corporation

BATON ROUGE, La., April 06, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) announced today that Lamar Partnering Corporation (“LPC”), a newly formed special purpose acquisition compan...

5 months ago - GlobeNewsWire