Lamar Advertising Company (LAMR)
NASDAQ: LAMR · IEX Real-Time Price · USD
111.44
+0.72 (0.65%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Lamar Advertising Company Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for LAMR stock have an average target of 109.5, with a low estimate of 109 and a high estimate of 110. The average target predicts a decrease of -1.74% from the current stock price of 111.44.
Analyst Consensus: Hold
* Price targets were last updated on Feb 26, 2024.
Analyst Ratings
The average analyst rating for LAMR stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $105 → $110 | Hold | Maintains | $105 → $110 | -1.29% | Feb 26, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $92 → $109 | Hold | Maintains | $92 → $109 | -2.19% | Feb 26, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $100 → $95 | Hold | Maintains | $100 → $95 | -14.75% | Oct 9, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $108 → $100 | Hold | Maintains | $108 → $100 | -10.27% | Aug 7, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $110 → $108 | Hold | Maintains | $110 → $108 | -3.09% | May 5, 2023 |
Financial Forecast
Revenue This Year
2.24B
from 2.11B
Increased by 6.02%
Revenue Next Year
2.34B
from 2.24B
Increased by 4.47%
EPS This Year
5.20
from 4.85
Increased by 7.14%
EPS Next Year
5.79
from 5.20
Increased by 11.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3B | 2.5B | 2.5B |
| Avg | 2.2B | 2.3B | 2.4B |
| Low | 2.1B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 9.7% | 7.8% |
| Avg | 6.0% | 4.5% | 3.5% |
| Low | 1.1% | -1.4% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.43 | 6.09 | 6.51 |
| Avg | 5.20 | 5.79 | 6.24 |
| Low | 4.94 | 5.46 | 5.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.0% | 17.2% | 12.4% |
| Avg | 7.1% | 11.4% | 7.8% |
| Low | 1.8% | 5.0% | 1.5% |
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.