Lamar Advertising Company (LAMR)

NASDAQ: LAMR · IEX Real-Time Price · USD
89.11
-2.07 (-2.27%)
At close: Jun 28, 2022 4:00 PM
88.83
-0.28 (-0.31%)
After-hours: Jun 28, 2022 4:33 PM EDT
-2.27%
Market Cap 9.04B
Revenue (ttm) 1.87B
Net Income (ttm) 441.55M
Shares Out 101.48M
EPS (ttm) 4.36
PE Ratio 20.44
Forward PE 29.50
Dividend $3.80 (4.26%)
Ex-Dividend Date Jun 16, 2022
Volume 457,095
Open 91.84
Previous Close 91.18
Day's Range 89.05 - 92.86
52-Week Range 83.96 - 124.32
Beta 1.39
Analysts Buy
Price Target 120.62 (+35.4%)
Earnings Date Aug 4, 2022

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...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 2, 1996
CEO Sean Reilly
Employees 3,350
Stock Exchange NASDAQ
Ticker Symbol LAMR
Full Company Profile

Financial Performance

In 2021, LAMR's revenue was $1.79 billion, an increase of 13.93% compared to the previous year's $1.57 billion. Earnings were $388.09 million, an increase of 59.45%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LAMR stock is "Buy." The 12-month stock price forecast is 120.62, which is an increase of 35.36% from the latest price.

Price Target
$120.62
(35.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lamar Advertising Company Announces Increase In Cash Dividend on Common Stock

BATON ROUGE, La., May 19, 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 direc...

Lamar Advertising to appear at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference

BATON ROUGE, La., May 13, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-...

Lamar Advertising Company Announces Acquisition of Burkhart Advertising

BATON ROUGE, La., May 04, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), an owner and operator of outdoor advertising and logo sign displays, announced today that it has acquired Bur...

3 REITs That Specialize in Super-Niche Businesses

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Other symbols: GTYPSTL

7 Great REITs That Will Pay You Handsomely

Real estate companies are in a good position right now, and so are their stocks. The post 7 Great REITs That Will Pay You Handsomely appeared first on InvestorPlace.

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Lamar Advertising Company to Release First Quarter Ended March 31, 2022 Operating Results

BATON ROUGE, La., April 06, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its first quarter ended March 31, 2022 earnings report before the market opens on Thursday, M...

Lamar Advertising to appear at the Morgan Stanley Technology, Media and Telecom Conference

BATON ROUGE, La., March 02, 2022 (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 to appear at the Citi Global Property CEO Conference

BATON ROUGE, La., March 02, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a roundta...

Lamar Advertising Company Announces Cash Dividend on Common Stock

BATON ROUGE, La., Feb. 24, 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 dire...

Lamar Advertising Announces Correction to Press Release Concerning Tax Reporting Information For 2021 Distributions o...

BATON ROUGE, La., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced a correction to its press release dated January 20, 2022, related to certain year-e...

Lamar Advertising Company to Release Fourth Quarter Ended December 31, 2021 Operating Results

BATON ROUGE, La., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its fourth quarter ended December 31, 2021 earnings report before the market opens on Friday, ...

7 Dividend Stocks to Profit off the Hot Real Estate Market

As inflation bites, real estate is still a good investment. The post 7 Dividend Stocks to Profit off the Hot Real Estate Market appeared first on InvestorPlace.

Other symbols: AMTDREELSEXRPLDVICI

Lamar Advertising Announces Tax Reporting Information For 2021 Distributions on Common Stock

BATON ROUGE, La., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2021 distribution...

Stock Market Pares Gains Late; Olaplex, Tenable, Lamar Advertising In Focus

Stock Market Pares Gains Late; Olaplex, Tenable, Lamar Advertising In Focus Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, s...

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Lamar Advertising (LAMR) Acquires Colossal Media, Shares Up

Lamar Advertising (LAMR) is expected to ride the growth curve with the acquisition of Colossal Media.

Lamar Advertising Company Announces Cash Dividends on Common Stock

BATON ROUGE, La., Dec. 09, 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 dire...

Lamar Advertising Company Announces Acquisition of Colossal Media

BATON ROUGE, La., Dec. 07, 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 Co...

Lamar (LAMR) Beats on Q3 Revenue Estimates, Raises 2021 View

Lamar's (LAMR) Q3 results reflect higher-than-anticipated revenues. The REIT also raised the 2021 guidance on solid momentum across its business.

Lamar Advertising Company to Release Third Quarter Ended September 30, 2021 Operating Results

BATON ROUGE, La., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its third quarter ended September 30, 2021 earnings report before the market opens on Wednesda...

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

A diversified tenant base across various sectors and opportunistic acquisitions will likely aid Lamar Advertising (LAMR) to grow over the long run, though stiff competition and high debt level are conce...

Lamar Advertising Company Announces Extension of Stock and Debt Repurchase Programs

BATON ROUGE, La., Sept. 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 dir...

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.