NASDAQ:LAMRLamar Advertising Stock Price, Forecast & News

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 stock has decreased by 7.0% and is now trading at $63.44. View which stocks have been most impacted by Coronavirus.

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.

Lamar Advertising is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Lamar Advertising.

Lamar Advertising will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Lamar Advertising Co (NASDAQ:LAMR) posted its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. The real estate investment trust had revenue of $406.57 million for the quarter, compared to analysts' expectations of $396.04 million. Lamar Advertising had a return on equity of 31.25% and a net margin of 20.35%. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. View Lamar Advertising's earnings history.

Lamar Advertising declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.50 per share on Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Friday, June 19th. View Lamar Advertising's dividend history.

5 Wall Street analysts have issued 1-year price targets for Lamar Advertising's stock. Their forecasts range from $53.00 to $77.00. On average, they anticipate Lamar Advertising's share price to reach $66.00 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. View analysts' price targets for Lamar Advertising.

News headlines about LAMR stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lamar Advertising earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned press 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 company's share price in the near future. View the latest news about Lamar Advertising.

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). View all competitors.

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

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

Lamar Advertising's stock is owned by a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.84%), Scout Investments Inc. (0.17%), Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.04%), Manning & Napier Group LLC (0.03%) and Brasada Capital Management LP (0.03%). 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.

LAMR stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Scout Investments Inc., Forte Capital LLC ADV, Envestnet Asset Management Inc., and Carroll Financial Associates Inc.. View insider buying and selling activity for Lamar Advertising.

LAMR stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Brasada Capital Management LP, Moody National Bank Trust Division, Legacy Capital Partners Inc., Louisiana State Employees Retirement System, State of Alaska Department of Revenue, Orrstown Financial Services Inc., and Patriot Financial Group Insurance Agency LLC. View insider buying and selling activity 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 $63.44.

Lamar Advertising has a market capitalization of $6.39 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.

The official website for Lamar Advertising is 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]