NASDAQ:LAMR - Lamar Advertising Stock Price, Forecast & News

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

Lamar Advertising declared a quarterly dividend on Wednesday, December 4th. Shareholders of record on Monday, December 16th will be given a dividend of $0.96 per share on Monday, December 30th. This represents a $3.84 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend is Friday, December 13th. View Lamar Advertising's Dividend History.

Lamar Advertising Co (NASDAQ:LAMR) released its quarterly earnings data on Tuesday, November, 5th. The real estate investment trust reported $0.98 earnings per share 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 net margin of 21.23% and a return on equity of 32.10%. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the firm 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.

2 brokerages have issued 1-year price targets for Lamar Advertising's shares. Their forecasts range from $81.00 to $86.00. On average, they expect Lamar Advertising's share price to reach $83.50 in the next year. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for Lamar Advertising.

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

News articles about LAMR stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lamar Advertising earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Lamar Advertising.

Lamar Advertising saw a drop in short interest in the month of November. As of November 29th, there was short interest totalling 3,440,000 shares, a drop of 5.2% from the November 14th total of 3,630,000 shares. Based on an average daily volume of 366,100 shares, the days-to-cover ratio is presently 9.4 days. Approximately 4.0% 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) and Harte Hanks (HHS).

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

Lamar Advertising's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.09%), 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%) and California Public Employees Retirement System (0.24%). 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 Millennium Management LLC, Waratah Capital Advisors Ltd., Daiwa Securities Group Inc., Miller Howard Investments Inc. NY, Man Group plc, Alberta Investment Management Corp, State of Alaska Department of Revenue and State Street Corp. 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 purchased 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 $86.41.

Lamar Advertising has a market capitalization of $8.68 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]