Lamar Advertising (LAMR) to Release Earnings on Thursday

Lamar Advertising (NASDAQ:LAMR - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect Lamar Advertising to post earnings of $1.54 per share and revenue of $509.72 million for the quarter. Lamar Advertising has set its FY 2025 guidance at 6.010-6.070 EPS.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $2.21 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.74. Lamar Advertising had a return on equity of 30.20% and a net margin of 16.40%. The company had revenue of $579.57 million for the quarter, compared to analysts' expectations of $583.19 million. On average, analysts expect Lamar Advertising to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Lamar Advertising Trading Up 1.7 %

NASDAQ:LAMR traded up $1.93 during midday trading on Friday, hitting $115.93. 815,359 shares of the company traded hands, compared to its average volume of 494,496. The firm has a market capitalization of $11.87 billion, a P/E ratio of 32.84 and a beta of 1.34. The firm's fifty day moving average is $113.66 and its 200-day moving average is $123.01. Lamar Advertising has a 12-month low of $99.84 and a 12-month high of $139.88. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 2.48.

Lamar Advertising Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $1.55 per share. This represents a $6.20 annualized dividend and a dividend yield of 5.35%. This is an increase from Lamar Advertising's previous quarterly dividend of $1.40. The ex-dividend date of this dividend was Friday, March 14th. Lamar Advertising's dividend payout ratio (DPR) is 175.64%.

Analyst Ratings Changes

LAMR has been the topic of several research reports. Citigroup raised their price objective on Lamar Advertising from $121.76 to $128.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price objective on Lamar Advertising from $129.00 to $126.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Finally, Morgan Stanley dropped their target price on shares of Lamar Advertising from $135.00 to $125.00 and set an "equal weight" rating on the stock in a report on Thursday. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $132.60.

About Lamar Advertising

Lamar Advertising Company operates as an outdoor advertising company in the United States and Canada. The company owns and operates billboards, logo signs, and transit advertising displays, as well as rents space for advertising on billboards, buses, shelters, benches, logo plates, and in airport terminals.