NASDAQ:LAMRLamar Advertising Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lamar Advertising Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $70.03 +0.75 (+1.08 %) (As of 05/27/2020 04:00 PM ET) Add Compare Share Today's Range$67.31Now: $70.03▼$71.8750-Day Range$42.32MA: $56.69▼$69.2852-Week Range$30.89Now: $70.03▼$96.82Volume777,520 shsAverage Volume945,260 shsMarket Capitalization$7.06 billionP/E Ratio19.51Dividend Yield5.77%Beta1.35 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.1 Analyst's Opinion Consensus RatingLamar Advertising has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.40, Lamar Advertising has a potential downside of 5.2% from its current price of $70.03.Amount of Analyst CoverageLamar Advertising has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesLamar Advertising has received 362 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLamar Advertising has received 463 “underperform” votes. (Add your “underperform” vote.)Community SentimentLamar Advertising has received 56.12% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Lamar Advertising and other stocks. Vote “Outperform” if you believe LAMR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LAMR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipLamar Advertising is a leading dividend payer. It pays a dividend yield of 5.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLamar Advertising has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Lamar Advertising is 68.97 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lamar Advertising will have a dividend payout ratio of 62.70 % next year. This indicates that Lamar Advertising will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lamar Advertising insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,127,440.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 15.02% of the stock of Lamar Advertising is held by insiders.Percentage Held by Institutions78.24% of the stock of Lamar Advertising is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Lamar Advertising are expected to grow by 29.94% in the coming year, from $4.91 to $6.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lamar Advertising is 19.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Lamar Advertising is 19.51, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.68.Price to Book Value per Share RatioLamar Advertising has a P/B Ratio of 6.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.38 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryAdvertising SectorFinance Current SymbolNASDAQ:LAMR Previous Symbol CUSIP51281510 CIK1090425 Webwww.lamar.com Phone225-926-1000Debt Debt-to-Equity Ratio3.91 Current Ratio1.46 Quick Ratio1.46Price-To-Earnings Trailing P/E Ratio19.51 Forward P/E Ratio14.26 P/E GrowthN/A Sales & Book Value Annual Sales$1.75 billion Price / Sales4.02 Cash Flow$6.37 per share Price / Cash Flow10.99 Book Value$11.29 per share Price / Book6.20Profitability EPS (Most Recent Fiscal Year)$5.80 Net Income$372.11 million Net Margins20.35% Return on Equity31.25% Return on Assets6.01%Miscellaneous Employees3,600 Outstanding Shares100,759,000Market Cap$7.06 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:LAMR Rates by TradingView Receive LAMR News and Ratings via Email Sign-up to receive the latest news and ratings for LAMR and its competitors with MarketBeat's FREE daily newsletter. Lamar Advertising (NASDAQ:LAMR) Frequently Asked Questions How has Lamar Advertising's stock been impacted by COVID-19 (Coronavirus)? Lamar Advertising's stock was trading at $68.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LAMR stock has increased by 2.6% and is now trading at $70.03. View which stocks have been most impacted by Coronavirus. 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 Wednesday, August 5th 2020. View our earnings forecast for Lamar Advertising. How were Lamar Advertising's earnings last quarter? Lamar Advertising Co (NASDAQ:LAMR) issued its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.40 EPS for the quarter, beating the Thomson Reuters' consensus estimate 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 quarter last year, the firm posted $0.51 EPS. View Lamar Advertising's earnings history. How often does Lamar Advertising pay dividends? What is the dividend yield for Lamar Advertising? Lamar Advertising announced a quarterly dividend on Thursday, February 27th. Stockholders of record on Monday, March 16th will be paid a dividend of $1.00 per share on Tuesday, March 31st. This represents a $4.00 annualized dividend and a dividend yield of 5.71%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Lamar Advertising's previous quarterly dividend of $0.96. View Lamar Advertising's dividend history. What price target have analysts set for LAMR? 5 Wall Street analysts have issued 1-year price targets for Lamar Advertising's shares. Their forecasts range from $53.00 to $94.00. On average, they anticipate Lamar Advertising's share price to reach $66.40 in the next year. This suggests that the stock has a possible downside of 5.2%. View analysts' price targets for Lamar Advertising. Has Lamar Advertising been receiving favorable news coverage? Media headlines about LAMR stock have been trending somewhat negative on Wednesday, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lamar Advertising earned a news impact score of -1.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutLamar Advertising. Are investors shorting Lamar Advertising? Lamar Advertising saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,820,000 shares, a decrease of 10.5% from the April 15th total of 3,150,000 shares. Based on an average trading volume of 1,000,000 shares, the short-interest ratio is currently 2.8 days. Currently, 3.3% of the company's stock are short sold. View Lamar Advertising's Current Options Chain. Who are some of Lamar Advertising's key competitors? 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. 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 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). 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 OperationsMr. 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.82%), Janus Henderson Group PLC (7.65%), Victory Capital Management Inc. (3.51%), Victory Capital Management Inc. (3.51%), State Street Corp (2.11%) and Cohen & Steers Inc. (2.10%). 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 Federated Hermes Inc., Bank of New York Mellon Corp, Invesco Ltd., Wedge Capital Management L L P NC, Eaton Vance Management, Alliancebernstein L.P., Schroder Investment Management Group, and Principal Financial Group 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 Capital International Investors, Waratah Capital Advisors Ltd., Colony Capital Inc., Pacer Advisors Inc., APG Asset Management N.V., APG Asset Management N.V., Cohen & Steers Inc., and Copeland Capital Management LLC. 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 $70.03. How big of a company is Lamar Advertising? Lamar Advertising has a market capitalization of $7.06 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 5/27/2020 by MarketBeat.com Staff
