Lamar Advertising (NASDAQ:LAMR - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.010-6.070 for the period, compared to the consensus estimate of 3.540. The company issued revenue guidance of -.
Lamar Advertising Price Performance
Shares of NASDAQ:LAMR traded down $0.46 during trading on Friday, reaching $114.81. The company had a trading volume of 936,623 shares, compared to its average volume of 505,770. The firm's fifty day moving average is $112.96 and its 200 day moving average is $122.22. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.56 and a current ratio of 0.56. The firm has a market capitalization of $11.76 billion, a PE ratio of 32.52 and a beta of 1.38. Lamar Advertising has a twelve month low of $99.84 and a twelve month high of $139.88.
Lamar Advertising (NASDAQ:LAMR - Get Free Report) last issued its earnings results on Thursday, May 8th. The real estate investment trust reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.06. Lamar Advertising had a net margin of 16.40% and a return on equity of 30.20%. The firm had revenue of $505.43 million during the quarter, compared to analysts' expectations of $509.72 million. On average, equities analysts forecast that Lamar Advertising will post 7.92 EPS for the current year.
Lamar Advertising Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a dividend yield of 5.40%. This is a boost from Lamar Advertising's previous quarterly dividend of $1.40. The ex-dividend date was Friday, March 14th. Lamar Advertising's payout ratio is presently 150.49%.
Wall Street Analyst Weigh In
A number of research firms have recently commented on LAMR. Morgan Stanley reduced their price objective on shares of Lamar Advertising from $135.00 to $125.00 and set an "equal weight" rating for the company in a report on Thursday, May 1st. Citigroup increased their price objective on Lamar Advertising from $121.76 to $128.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. cut their price objective on Lamar Advertising from $129.00 to $126.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $132.60.
Check Out Our Latest Analysis on Lamar Advertising
About Lamar Advertising
(
Get Free Report)
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.
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