NASDAQ:LAMR - Lamar Advertising Stock Price, Forecast & News

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

Lamar Advertising declared a quarterly dividend on Wednesday, December 4th. Investors of record on Monday, December 16th will be given a dividend of $0.96 per share on Monday, December 30th. This represents a $3.84 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend is Friday, December 13th. View Lamar Advertising's Dividend History.

Lamar Advertising Co (NASDAQ:LAMR) released its quarterly earnings data on Tuesday, November, 5th. The real estate investment trust reported $0.98 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.06 by $0.08. The real estate investment trust earned $457.80 million during the quarter, compared to the consensus estimate of $452.91 million. Lamar Advertising had a return on equity of 32.10% and a net margin of 21.23%. Lamar Advertising's revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 earnings per share. View Lamar Advertising's Earnings History.

Lamar Advertising is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Lamar Advertising.

Lamar Advertising will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 analysts have issued twelve-month price objectives for Lamar Advertising's stock. Their forecasts range from $81.00 to $92.00. On average, they expect Lamar Advertising's stock price to reach $86.33 in the next twelve months. This suggests that the stock has a possible downside of 9.0%. View Analyst Price Targets for Lamar Advertising.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lamar Advertising.

News headlines about LAMR stock have been trending very negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lamar Advertising earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Lamar Advertising.

Lamar Advertising saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 3,510,000 shares, a decrease of 11.1% from the December 31st total of 3,950,000 shares. Based on an average daily trading volume, of 353,000 shares, the days-to-cover ratio is currently 9.9 days. Currently, 4.1% of the shares of the company are sold short. View Lamar Advertising's Current Options Chain.

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).

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), Iron Mountain (IRM), Verizon Communications (VZ), Alphabet (GOOG), Johnson & Johnson (JNJ), Chevron (CVX), Metlife (MET) and Pfizer (PFE).

Lamar Advertising's stock is owned by many different of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.29%), Scout Investments Inc. (0.36%), Anchor Capital Advisors LLC (0.24%), California Public Employees Retirement System (0.20%), Retirement Systems of Alabama (0.20%) and Boston Trust Walden Corp (0.20%). Company insiders that own Lamar Advertising stock include 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, California Public Employees Retirement System, State of Michigan Retirement System, Beacon Financial Group, New York State Teachers Retirement System, Campbell & CO Investment Adviser LLC, Arizona State Retirement System and Tocqueville Asset Management L.P.. Company insiders that have sold Lamar Advertising company stock in the last year include Keith A Istre, Sean E Reilly, Stephen P Mumblow and Thomas V Reifenheiser. View Insider Buying and Selling for Lamar Advertising.

LAMR stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., SG Americas Securities LLC, Anchor Capital Advisors LLC, Brasada Capital Management LP, State of Alaska Department of Revenue, Meritage Portfolio Management, Rikoon Group LLC and Appleton Partners Inc. MA. View Insider Buying and Selling 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 $94.86.

Lamar Advertising has a market capitalization of $9.53 billion and generates $1.63 billion in revenue each year. The real estate investment trust earns $305.23 million in net income (profit) each year or $5.50 on an earnings per share basis. Lamar Advertising employs 3,600 workers across the globe.View Additional Information About Lamar Advertising.

The official website for Lamar Advertising is http://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]