Lamar Advertising Company (LAMR)
| Market Cap | 11.11B |
| Revenue (ttm) | 1.63B |
| Net Income (ttm) | 329.04M |
| Shares Out | 101.13M |
| EPS (ttm) | 3.26 |
| PE Ratio | 33.70 |
| Forward PE | 29.50 |
| Dividend | $2.50 (2.28%) |
| Ex-Dividend Date | Sep 17, 2021 |
| Volume | 1,081,625 |
| Open | 108.68 |
| Previous Close | 110.57 |
| Day's Range | 108.44 - 110.32 |
| 52-Week Range | 58.55 - 116.54 |
| Beta | 1.51 |
| Analysts | Hold |
| Price Target | 121.00 (+10.2%) |
| Est. Earnings Date | Nov 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 ...
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 StatementsAnalyst 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.
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.
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.
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...
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.
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.
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?
Lamar Advertising Company Announces Second Quarter Ended June 30, 2021 Operating Results
Three Month Results
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 $...
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...
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 ...
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.
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 ...
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 (...
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...
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).
Why Is Lamar (LAMR) Up 5.6% Since Last Earnings Report?
Lamar (LAMR) reported earnings 30 days ago. What's next for the stock?
OOH Ad Stocks Launch as Reopening Gets in Gear (IHRT, LAMR, LPTV, CCO)
The Out-of-Home ad industry. Ever heard of it?
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...
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-...
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...
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.
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?
Lamar Advertising Company Announces First Quarter Ended March 31, 2021 Operating Results
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...
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...