Lamar Advertising Company (LAMR)
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]
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 StatementsAnalyst 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.
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.

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.

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 (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.

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?

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...
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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...

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.

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.

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...

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.

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?

Lamar Advertising Company Announces Third Quarter Ended September 30, 2022 Operating Results
Three Month Results
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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...
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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...

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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...