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NASDAQ:LAMR

Lamar Advertising Stock Forecast, Price & News

$70.76
+2.11 (+3.07 %)
(As of 09/17/2020 12:00 AM ET)
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Today's Range
$67.20
Now: $70.76
$71.06
50-Day Range
$62.93
MA: $66.91
$70.75
52-Week Range
$30.89
Now: $70.76
$96.82
Volume1.06 million shs
Average Volume835,852 shs
Market Capitalization$7.13 billion
P/E Ratio26.01
Dividend Yield2.91%
Beta1.29
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with approximately 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,100 displays.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.19 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryAdvertising
SectorFinance
Current SymbolNASDAQ:LAMR
CUSIP51281510
Phone225-926-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.75 billion
Cash Flow$7.02 per share
Book Value$11.74 per share

Profitability

Net Income$372.11 million

Miscellaneous

Employees3,600
Market Cap$7.13 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$70.76
+2.11 (+3.07 %)
(As of 09/17/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lamar Advertising (NASDAQ:LAMR) Frequently Asked Questions

How has Lamar Advertising's stock been impacted by COVID-19?

Lamar Advertising's stock was trading at $68.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LAMR shares have increased by 3.7% and is now trading at $70.76.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Lamar Advertising?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Lamar Advertising
.

When is Lamar Advertising's next earnings date?

Lamar Advertising is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Lamar Advertising
.

How were Lamar Advertising's earnings last quarter?

Lamar Advertising Co (NASDAQ:LAMR) announced its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.99 by $0.68. The real estate investment trust had revenue of $347.70 million for the quarter, compared to the consensus estimate of $367.30 million. Lamar Advertising had a net margin of 16.38% and a return on equity of 23.81%. The firm's quarterly revenue was down 22.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.18 earnings per share.
View Lamar Advertising's earnings history
.

How often does Lamar Advertising pay dividends? What is the dividend yield for Lamar Advertising?

Lamar Advertising declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 21st will be paid a dividend of $0.50 per share on Wednesday, September 30th. This represents a $2.00 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Friday, September 18th.
View Lamar Advertising's dividend history
.

What guidance has Lamar Advertising issued on next quarter's earnings?

Lamar Advertising issued an update on its FY20 earnings guidance on Thursday, August, 6th. The company provided earnings per share guidance of $1.55-1.93 for the period, compared to the Thomson Reuters consensus estimate of $2.39.

What price target have analysts set for LAMR?

5 analysts have issued 12-month price objectives for Lamar Advertising's shares. Their forecasts range from $53.00 to $77.00. On average, they anticipate Lamar Advertising's share price to reach $67.17 in the next year. This suggests that the stock has a possible downside of 5.1%.
View analysts' price targets for Lamar Advertising
.

Are investors shorting Lamar Advertising?

Lamar Advertising saw a decline in short interest in August. As of August 31st, there was short interest totaling 1,850,000 shares, a decline of 14.0% from the August 15th total of 2,150,000 shares. Based on an average trading volume of 658,800 shares, the short-interest ratio is presently 2.8 days.
View Lamar Advertising's Short Interest
.

Who are some of Lamar Advertising's key competitors?

What other stocks do shareholders of Lamar Advertising own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lamar Advertising investors own include Enterprise Products Partners (EPD), Verizon Communications (VZ), Chevron (CVX), Iron Mountain (IRM), AT&T (T), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Duke Energy (DUK), Johnson & Johnson (JNJ) and IBM (IBM).

Who are Lamar Advertising's key executives?

Lamar Advertising's management team includes the following people:
  • Mr. Kevin Patrick Reilly Jr., Chairman & Pres (Age 64)
  • Mr. Sean E. Reilly, Chief Exec. Officer (Age 57)
  • Mr. Keith A. Istre, Chief Financial & Accounting Officer and Treasurer (Age 66)
  • Mr. Robert B. Switzer, VP of Operations
  • Mr. Buster Kantrow, Director of Investor Relations

What is Lamar Advertising's stock symbol?

Lamar Advertising trades on the NASDAQ under the ticker symbol "LAMR."

Who are Lamar Advertising's major shareholders?

Lamar Advertising's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.17%), Victory Capital Management Inc. (3.49%), Thornburg Investment Management Inc. (1.55%), Bank of New York Mellon Corp (1.45%), DAVENPORT & Co LLC (1.04%) and Bank of Montreal Can (0.96%). Company insiders that own Lamar Advertising stock include John E Koerner III, Keith A Istre, Sean E Reilly, Stephen P Mumblow and Thomas V Reifenheiser.
View institutional ownership trends for Lamar Advertising
.

Which institutional investors are selling Lamar Advertising stock?

LAMR stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Miller Howard Investments Inc. NY, Avalon Investment & Advisory, Wedge Capital Management L L P NC, Kayne Anderson Rudnick Investment Management LLC, APG Asset Management N.V., DAVENPORT & Co LLC, and Scout Investments Inc..
View insider buying and selling activity for Lamar Advertising
.

Which institutional investors are buying Lamar Advertising stock?

LAMR stock was bought by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., Bank of Montreal Can, Pacer Advisors Inc., Bank of New York Mellon Corp, Nuveen Asset Management LLC, and Marshall Wace LLP.
View insider buying and selling activity for Lamar Advertising
.

How do I buy shares of Lamar Advertising?

Shares of LAMR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Lamar Advertising's stock price today?

One share of LAMR stock can currently be purchased for approximately $70.76.

How big of a company is Lamar Advertising?

Lamar Advertising has a market capitalization of $7.13 billion and generates $1.75 billion in revenue each year. The real estate investment trust earns $372.11 million in net income (profit) each year or $5.80 on an earnings per share basis. Lamar Advertising employs 3,600 workers across the globe.

What is Lamar Advertising's official website?

The official website for Lamar Advertising is www.lamar.com.

How can I contact Lamar Advertising?

Lamar Advertising's mailing address is 5321 CORPORATE BOULEVARD, BATON ROUGE LA, 70808. The real estate investment trust can be reached via phone at 225-926-1000 or via email at [email protected]

This page was last updated on 9/18/2020 by MarketBeat.com Staff

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