Lamar Advertising Stock Forecast, Price & News

2 Wall Street equities research 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 equities research 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 brokerages have issued 1 year price objectives for Lamar Advertising's shares. Their LAMR stock forecasts range from $103.00 to $131.00. On average, they anticipate Lamar Advertising's stock price to reach $117.00 in the next year. This suggests a possible upside of 32.2% from the stock's current price.
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Lamar Advertising's stock was trading at $121.30 on January 1st, 2022. Since then, LAMR shares have decreased by 27.0% and is now trading at $88.49.
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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 earnings results on Thursday, May, 5th. The real estate investment trust reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.18. The real estate investment trust earned $451.40 million during 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%. Lamar Advertising's revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the business posted $1.15 EPS.
View Lamar Advertising's earnings history.

Lamar Advertising announced a quarterly dividend on Thursday, May 19th. Stockholders of record on Monday, June 20th will be given a dividend of $1.20 per share on Thursday, June 30th. This represents a $4.80 annualized dividend and a yield of 5.42%. The ex-dividend date 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 5.46%. 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 updated 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 EPS 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 $88.49.

Lamar Advertising (NASDAQ:LAMR) has a market capitalization of $8.98 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.