Lamar Advertising Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Lamar Advertising stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAMR, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Lamar Advertising a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lamar Advertising wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Lamar Advertising is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Lamar Advertising.

Lamar Advertising Company (REIT) (NASDAQ:LAMR) issued its quarterly earnings results on Thursday, February, 25th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.30. The real estate investment trust earned $428.50 million during the quarter, compared to the consensus estimate of $413.89 million. Lamar Advertising had a trailing twelve-month return on equity of 20.73% and a net margin of 14.81%. The company's quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.02 earnings per share.
View Lamar Advertising's earnings history.

Lamar Advertising's stock was trading at $68.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LAMR shares have increased by 39.7% and is now trading at $95.32.
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Lamar Advertising announced a quarterly dividend on Thursday, February 25th. Stockholders of record on Monday, March 22nd will be given a dividend of $0.75 per share on Wednesday, March 31st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Friday, March 19th. This is a boost from Lamar Advertising's previous quarterly dividend of $0.50.
View Lamar Advertising's dividend history.

Lamar Advertising pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.15%. Lamar Advertising does not yet have a strock track record of dividend growth. The dividend payout ratio of Lamar Advertising is 34.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lamar Advertising will have a dividend payout ratio of 31.35% next year. This indicates that Lamar Advertising will be able to sustain or increase its dividend.
View Lamar Advertising's dividend history.

Lamar Advertising issued an update on its FY21 earnings guidance on Friday, February, 26th. The company provided EPS guidance of $2.76-3.02 for the period, compared to the Thomson Reuters consensus estimate of $3.01.

5 brokers have issued 12-month target prices for Lamar Advertising's shares. Their forecasts range from $56.00 to $88.00. On average, they expect Lamar Advertising's share price to reach $74.83 in the next twelve months. This suggests that the stock has a possible downside of 21.5%.
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86 employees have rated Lamar Advertising CEO Sean Reilly on Glassdoor.com. Sean Reilly has an approval rating of 87% among Lamar Advertising's employees.

Some companies that are related to Lamar Advertising include Alphabet (GOOG), Omnicom Group (OMC), The Interpublic Group of Companies (IPG), Clear Channel Outdoor (CCO), National CineMedia (NCMI) and MDC Partners (MDCA).
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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), AT&T (T), Iron Mountain (IRM), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Duke Energy (DUK) and International Business Machines (IBM).

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

Lamar Advertising's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.69%), Janus Henderson Group PLC (7.11%), Victory Capital Management Inc. (3.33%), Daiwa Securities Group Inc. (1.35%), Dimensional Fund Advisors LP (1.25%) and Dimensional Fund Advisors LP (1.25%). Company insiders that own Lamar Advertising stock include Jay Lecoryelle Johnson, John E Koerner III, Keith A Istre, 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 Thornburg Investment Management Inc., Select Equity Group L.P., Bank of New York Mellon Corp, Janus Henderson Group PLC, Daiwa Securities Group Inc., Wedge Capital Management L L P NC, Renaissance Technologies LLC, and Morgan Stanley.
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LAMR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Falcon Edge Capital LP, JPMorgan Chase & Co., Columbus Hill Capital Management L.P., Perry Creek Capital LP, Federated Hermes Inc., Nuveen Asset Management LLC, and Clearbridge Investments LLC.
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Shares of LAMR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LAMR stock can currently be purchased for approximately $95.32.

Lamar Advertising has a market capitalization of $9.61 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 is headquartered at 5321 CORPORATE BOULEVARD, BATON ROUGE LA, 70808.

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]