Lamar Advertising Company (LAMR)
NASDAQ: LAMR · Real-Time Price · USD
122.99
+0.70 (0.57%)
Dec 20, 2024, 4:00 PM EST - Market closed
Lamar Advertising Company Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for LAMR stock have an average target of 132.4, with a low estimate of 121 and a high estimate of 160. The average target predicts an increase of 7.65% from the current stock price of 122.99.
Analyst Consensus: Hold
* Price targets were last updated on Nov 11, 2024.
Analyst Ratings
The average analyst rating for LAMR stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $142 → $160 | Strong Buy | Maintains | $142 → $160 | +30.09% | Nov 11, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $132 → $124 | Hold | Maintains | $132 → $124 | +0.82% | Nov 11, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $125 → $135 | Hold | Maintains | $125 → $135 | +9.77% | Nov 11, 2024 |
| Wells Fargo | Wells Fargo | Hold Initiates $132 | Hold | Initiates | $132 | +7.33% | Sep 19, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $135 → $140 | Strong Buy | Maintains | $135 → $140 | +13.83% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
2.25B
Revenue Next Year
2.36B
from 2.25B
Increased by 4.88%
EPS This Year
5.09
from 4.85
Increased by 5.05%
EPS Next Year
5.77
from 5.09
Increased by 13.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3B | 2.5B | 2.6B |
| Avg | 2.3B | 2.4B | 2.5B |
| Low | 2.2B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 10.5% | 8.2% |
| Avg | - | 4.9% | 4.2% |
| Low | - | -0.5% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.32 | 6.49 | 6.71 |
| Avg | 5.09 | 5.77 | 6.31 |
| Low | 4.86 | 5.30 | 5.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.8% | 27.5% | 16.3% |
| Avg | 5.0% | 13.3% | 9.4% |
| Low | 0.1% | 4.1% | 3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.