Lamar Advertising Stock Price, Forecast & Analysis (NASDAQ:LAMR)

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

Lamar Advertising declared a quarterly dividend on Thursday, August 22nd. Investors of record on Monday, September 16th will be paid a dividend of $0.96 per share on Monday, September 30th. This represents a $3.84 annualized dividend and a dividend yield of 4.70%. The ex-dividend date is Friday, September 13th. View Lamar Advertising's Dividend History.

Lamar Advertising Co (NASDAQ:LAMR) released its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by $0.08. The real estate investment trust earned $457.80 million during the quarter, compared to analysts' expectations of $452.91 million. Lamar Advertising had a return on equity of 32.10% and a net margin of 21.23%. The business's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 EPS. View Lamar Advertising's Earnings History.

Lamar Advertising is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Lamar Advertising.

4 brokers have issued 1 year target prices for Lamar Advertising's stock. Their forecasts range from $75.00 to $86.00. On average, they anticipate Lamar Advertising's share price to reach $80.67 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Lamar Advertising.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lamar Advertising.

Press coverage about LAMR stock has been trending very negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lamar Advertising earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Lamar Advertising.

Lamar Advertising saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 3,030,000 shares, a drop of 5.6% from the August 30th total of 3,210,000 shares. Based on an average daily volume of 333,200 shares, the days-to-cover ratio is presently 9.1 days. Currently, 3.6% of the company's stock are sold short. View Lamar Advertising's Current Options Chain.

Some companies that are related to Lamar Advertising include Alphabet (GOOG), Omnicom Group (OMC), Interpublic Group of Companies (IPG), CLEAR CHANNEL O/SH (CCO), National CineMedia (NCMI), MDC Partners (MDCA), Harte Hanks (HHS) and Digital Generation (DGIT).

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

Lamar Advertising's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.35%), Daiwa Securities Group Inc. (1.30%), Miller Howard Investments Inc. NY (0.72%), Rhumbline Advisers (0.25%), California Public Employees Retirement System (0.24%) and Scout Investments Inc. (0.22%). Company insiders that own Lamar Advertising stock include Keith A Istre, Sean E Reilly, Stephen P Mumblow and Thomas V Reifenheiser. View Institutional Ownership Trends for Lamar Advertising.

LAMR stock was sold by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Daiwa Securities Group Inc., Miller Howard Investments Inc. NY, Alberta Investment Management Corp, State of Alaska Department of Revenue, State of Tennessee Treasury Department, Mackay Shields LLC and Russell Investments Group Ltd.. Company insiders that have sold Lamar Advertising company stock in the last year include Keith A Istre, Sean E Reilly, Stephen P Mumblow and Thomas V Reifenheiser. View Insider Buying and Selling for Lamar Advertising.

LAMR stock was acquired by a variety of institutional investors in the last quarter, including Grisanti Capital Management LLC, State of New Jersey Common Pension Fund D, First Trust Advisors LP, Pacer Advisors Inc., Meritage Portfolio Management, California Public Employees Retirement System, Verity & Verity LLC and ARP Americas LP. View Insider Buying and Selling for 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.

One share of LAMR stock can currently be purchased for approximately $81.69.

Lamar Advertising has a market capitalization of $8.20 billion and generates $1.63 billion in revenue each year. The real estate investment trust earns $305.23 million in net income (profit) each year or $5.50 on an earnings per share basis. Lamar Advertising employs 3,600 workers across the globe.View Additional Information About Lamar Advertising.

The official website for Lamar Advertising is http://www.lamar.com/.

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]