Lamar Advertising Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 2 hold 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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2 Wall Street research analysts have issued 12-month target prices for Lamar Advertising's stock. Their LAMR stock forecasts range from $103.00 to $131.00. On average, they predict Lamar Advertising's share price to reach $117.00 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price.
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Lamar Advertising's stock was trading at $121.30 at the beginning of 2022. Since then, LAMR stock has decreased by 27.5% and is now trading at $87.97.
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Lamar Advertising is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Lamar Advertising.

Lamar Advertising (NASDAQ:LAMR) issued its quarterly earnings data on Thursday, May, 5th. The real estate investment trust reported $0.91 EPS for the quarter, topping the consensus estimate of $0.73 by $0.18. The real estate investment trust had revenue of $451.40 million for the quarter, compared to analyst estimates of $427.21 million. Lamar Advertising had a trailing twelve-month return on equity of 35.97% and a net margin of 23.66%. The business's revenue was up 21.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.15 EPS.
View Lamar Advertising's earnings history.

Lamar Advertising declared a quarterly dividend on Thursday, May 19th. Investors of record on Monday, June 20th will be paid a dividend of $1.20 per share on Thursday, June 30th. This represents a $4.80 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend is Thursday, June 16th. This is an increase from Lamar Advertising's previous quarterly dividend of $1.10.
View Lamar Advertising's dividend history.

Lamar Advertising(NASDAQ:LAMR) pays an annual dividend of $4.80 per share and currently has a dividend yield of 5.39%. LAMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Lamar Advertising has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Lamar Advertising is 110.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Lamar Advertising will have a dividend payout ratio of 65.48% 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 FY 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share guidance of $4.88-$4.96 for the period, compared to the consensus earnings per share estimate of $4.66. The company issued revenue guidance of -.

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), Interpublic Group of Companies (IPG), Clear Channel Outdoor (CCO) and National CineMedia (NCMI).
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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."

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 $87.97.

Lamar Advertising (NASDAQ:LAMR) has a market capitalization of $8.93 billion and generates $1.79 billion in revenue each year. The real estate investment trust earns $388.09 million in net income (profit) each year or $4.349990 on an earnings per share basis.

Lamar Advertising employs 3,350 workers across the globe.

Lamar Advertising was founded in 1902.

Lamar Advertising's mailing address is 5321 CORPORATE BOULEVARD, BATON ROUGE LA, 70808. The official website for Lamar Advertising is www.lamar.com. The real estate investment trust can be reached via phone at (225) 308-5060, via email at [email protected], or via fax at 225-926-1005.