Lamar Advertising (NASDAQ:LAMR) Price Target Raised to $156.00

Key Points

• Wells Fargo raised Lamar Advertising’s price target to $156 from $151 while maintaining an “equal weight” rating, implying only 0.55% upside. Analysts overall assign the stock a consensus “Hold” rating with an average target of $161.
• Lamar’s latest quarterly results met expectations with earnings of $1.58 per share, while revenue of $616.75 million exceeded estimates. The company reported a 23.90% net margin and issued fiscal 2026 EPS guidance of $5.95–$5.99.
• The stock opened at $155.14 and has risen above both its 50-day and 200-day moving averages, but a director recently sold roughly $1.21 million in shares. Institutional investors remain heavily involved, owning 93.78% of the company.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) had its price target boosted by stock analysts at Wells Fargo & Company from $151.00 to $156.00 in a report released on Wednesday, MarketBeat Ratings reports. The firm currently has an "equal weight" rating on the real estate investment trust's stock. Wells Fargo & Company's price objective would suggest a potential upside of 0.55% from the stock's current price.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. increased their target price on Lamar Advertising from $153.00 to $160.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Weiss Ratings restated a "buy (b)" rating on shares of Lamar Advertising in a research report on Wednesday, August 19th. Morgan Stanley set a $170.00 price target on Lamar Advertising in a research note on Friday, August 7th. Finally, Citigroup downgraded Lamar Advertising from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $145.00 to $160.00 in a report on Friday, July 10th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $161.00.

Lamar Advertising Trading Up 0.1%

NASDAQ:LAMR opened at $155.14 on Wednesday. The company has a 50-day moving average price of $148.96 and a 200-day moving average price of $144.41. Lamar Advertising has a 12 month low of $114.45 and a 12 month high of $166.33. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.29. The stock has a market cap of $15.75 billion, a price-to-earnings ratio of 28.31 and a beta of 1.20.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share for the quarter, meeting analysts' consensus estimates of $1.58. Lamar Advertising had a net margin of 23.90% and a return on equity of 54.94%. The firm had revenue of $616.75 million for the quarter, compared to analyst estimates of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. Equities analysts predict that Lamar Advertising will post 8.40 EPS for the current year.

Insider Buying and Selling at Lamar Advertising

In other news, Director Thomas Reifenheiser sold 8,099 shares of Lamar Advertising stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $149.03, for a total transaction of $1,206,993.97. Following the completion of the transaction, the director directly owned 36,387 shares in the company, valued at approximately $5,422,754.61. This trade represents a 18.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 15.24% of the company's stock.

Institutional Trading of Lamar Advertising

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MGO One Seven LLC lifted its holdings in shares of Lamar Advertising by 2.3% during the third quarter. MGO One Seven LLC now owns 6,835 shares of the real estate investment trust's stock valued at $985,000 after purchasing an additional 152 shares in the last quarter. Glenview Trust Co boosted its position in shares of Lamar Advertising by 4.6% during the third quarter. Glenview Trust Co now owns 6,742 shares of the real estate investment trust's stock valued at $972,000 after buying an additional 295 shares during the last quarter. Everett Harris & Co. CA boosted its position in shares of Lamar Advertising by 8.0% during the third quarter. Everett Harris & Co. CA now owns 5,400 shares of the real estate investment trust's stock valued at $778,000 after buying an additional 400 shares during the last quarter. Choreo LLC increased its holdings in Lamar Advertising by 5.4% in the 3rd quarter. Choreo LLC now owns 16,453 shares of the real estate investment trust's stock worth $2,371,000 after buying an additional 845 shares in the last quarter. Finally, Interchange Capital Partners LLC increased its holdings in Lamar Advertising by 24.7% in the 3rd quarter. Interchange Capital Partners LLC now owns 2,194 shares of the real estate investment trust's stock worth $316,000 after buying an additional 435 shares in the last quarter. Hedge funds and other institutional investors own 93.78% of the company's stock.

Lamar Advertising Company Profile

Lamar Advertising Company is an outdoor advertising company that provides businesses with advertising displays across the United States. Its offerings include traditional and digital billboards, bulletin and poster displays, transit advertising, and other out-of-home media formats.

The company also provides logo sign and tourist-oriented directional signage services through displays located along highways and other major transportation routes. Its digital advertising network allows advertisers to deliver messages that can be updated more frequently than traditional static signage.

Lamar traces its roots to 1902 and is headquartered in Baton Rouge, Louisiana.