Lamar Advertising Company (LAMR)

NASDAQ: LAMR · IEX Real-Time Price · USD
99.47
+2.36 (2.43%)
Mar 31, 2023, 11:36 AM EDT - Market open
2.43%
Market Cap 10.12B
Revenue (ttm) 2.03B
Net Income (ttm) 438.28M
Shares Out 101.75M
EPS (ttm) 4.31
PE Ratio 22.94
Forward PE 29.50
Dividend $5.15 (5.18%)
Ex-Dividend Date Mar 16, 2023
Volume 100,877
Open 98.22
Previous Close 97.11
Day's Range 97.88 - 99.64
52-Week Range 81.10 - 119.68
Beta 1.42
Analysts Buy
Price Target 115.26 (+15.87%)
Earnings Date May 4, 2023

About LAMR

Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 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 approximate... [Read more]

Sector Real Estate
IPO Date Aug 2, 1996
Employees 3,350
Stock Exchange NASDAQ
Ticker Symbol LAMR
Full Company Profile

Financial Performance

In 2022, LAMR's revenue was $2.03 billion, an increase of 13.69% compared to the previous year's $1.79 billion. Earnings were $438.28 million, an increase of 13.04%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LAMR stock is "Buy." The 12-month stock price forecast is $115.26, which is an increase of 15.87% from the latest price.

Price Target
$115.26
(15.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lamar's (LAMR) Stock Gains 10.2% in 6 Months: Here's Why

Healthy operating performance, strategic acquisitions and a robust balance-sheet hike Lamar's (LAMR) shares 10.2% in the past six months.

3 days ago - Zacks Investment Research

Lamar (LAMR) Announces Pro Bono Partnership With Make-A-Wish

Lamar Advertising (LAMR) to donate more than $1 million in Digital Out of Home media to aid Make-A-Wish's fundraising activities and showcase wishes granted.

3 weeks ago - Zacks Investment Research

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...

3 weeks 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 month 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 month ago - GlobeNewsWire

Lamar (LAMR) Beats Q4 AFFO, Issues Soft '23 View, Stock Down

Lamar's (LAMR) Q4 results reflect strong local sales, which help offset the declining demand from national customers. However, this REIT provides a lower-than-expected 2023 projection.

1 month ago - Zacks Investment Research

Lamar Advertising (LAMR) Beats Q4 FFO Estimates

Lamar (LAMR) delivered FFO and revenue surprises of 1.60% and 0.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

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 month 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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

Final Trades: GM, Home Depot, Lamar & more

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

Other symbols: GMHDNEM
3 months ago - CNBC Television

Lamar Advertising Company Announces Cash Dividends on Common Stock

BATON ROUGE, La., Dec. 08, 2022 (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...

4 months ago - GlobeNewsWire

Here's Why Lamar Advertising (LAMR) is an Apt Portfolio Pick

A healthy operating performance, strategic acquisitions and a robust balance-sheet position are likely to drive Lamar's (LAMR) growth. However, stiff competition from other forms of media is a woe.

4 months ago - Zacks Investment Research

Here's Why Lamar Advertising (LAMR) Shares Soared 19.9% QTD

Solid US advertising market recovery, a healthy operating performance and a robust balance-sheet position drive Lamar's (LAMR) 19.9% QTD rise.

4 months ago - Zacks Investment Research

3 Equity REIT Stocks Poised to Overcome Industry Hiccups

Despite pandemic, geopolitical tensions and uneven recovery of sectors, Zacks REIT and Equity Trust - Other industry stocks VICI, LAMR and CLDT should benefit from the holiday season, improvement in l...

Other symbols: CLDTVICI
4 months ago - Zacks Investment Research

Lamar's (LAMR) AFFO and Revenues Surpass Estimates in Q3

Lamar's (LAMR) Q3 results outshine estimates. The top line grows year over year, aided by continued sales momentum across its billboard, transit and airport and logos businesses.

5 months ago - Zacks Investment Research

Lamar Advertising (LAMR) Q3 FFO and Revenues Beat Estimates

Lamar (LAMR) delivered FFO and revenue surprises of 7.41% and 1.20%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Final Trades: Lamar, Wynn, Eaton & more

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

Other symbols: WYNNETNREGN
6 months ago - CNBC Television

Lamar Advertising Company to Release Third Quarter Ended September 30, 2022 Operating Results

BATON ROUGE, La., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its third quarter ended September 30, 2022 earnings report before the market opens on Friday...

6 months ago - GlobeNewsWire

Final Trades: Dollar General, Lamar, Eaton Corp. & more

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

Other symbols: DGETNPSQ
6 months ago - CNBC Television

7 Dividend Stocks With Superior Fundamentals

The carnage at the stock markets this year has been unprecedented. Naturally, with risk-off sentiment in the market, investors are looking to pivot toward dividend stocks to buy.

Other symbols: CVXKONRGOSPGVFC
7 months ago - InvestorPlace

Lamar Advertising Company Announces Cash Dividend on Common Stock

BATON ROUGE, La., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of d...

7 months ago - GlobeNewsWire

The 7 Highest Dividend Stocks for Your Income Buy List

Identifying the highest dividend-paying stocks is as simple as a few internet searches, but an investor who buys stocks based on their dividend yield alone will likely face trouble. High dividend yiel...

Other symbols: DOWMMPMOSPGSUNT
7 months ago - InvestorPlace