NASDAQ:LAMR Lamar Advertising Stock Forecast, Price & 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 $63.56 -0.75 (-1.17 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$63.39Now: $63.56▼$65.7450-Day Range$62.93MA: $67.09▼$70.7652-Week Range$30.89Now: $63.56▼$96.82Volume586,252 shsAverage Volume834,131 shsMarket Capitalization$6.41 billionP/E Ratio23.37Dividend Yield3.11%Beta1.29 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 $67.17, Lamar Advertising has a forecasted upside of 5.7% from its current price of $63.56.Amount of Analyst CoverageLamar Advertising has only been the subject of 1 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 475 “underperform” votes. (Add your “underperform” vote.)Community SentimentLamar Advertising has received 56.75% “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 1.7 Dividend Strength Dividend YieldLamar Advertising pays a meaningful dividend of 3.11%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLamar Advertising has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Lamar Advertising is 34.48%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lamar Advertising insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 15.02% of the stock of Lamar Advertising is held by insiders.Percentage Held by Institutions77.42% 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 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Lamar Advertising is 23.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Lamar Advertising is 23.37, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.04.Price to Book Value per Share RatioLamar Advertising has a P/B Ratio of 5.41. 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: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.19 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 Ratio2.80 Current Ratio1.13 Quick Ratio1.13Price-To-Earnings Trailing P/E Ratio23.37 Forward P/E Ratio13.49 P/E GrowthN/A Sales & Book Value Annual Sales$1.75 billion Price / Sales3.65 Cash Flow$5.96 per share Price / Cash Flow10.67 Book Value$11.74 per share Price / Book5.41Profitability EPS (Most Recent Fiscal Year)$5.80 Net Income$372.11 million Net Margins16.38% Return on Equity23.81% Return on Assets4.53%Miscellaneous Employees3,600 Outstanding Shares100,810,000Market Cap$6.41 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $63.56 -0.75 (-1.17 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by Coronavirus (COVID-19)? 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. Since then, LAMR stock has decreased by 6.9% and is now trading at $63.56. View which stocks have been most impacted by COVID-19. 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 Tuesday, November 3rd 2020. View our earnings forecast for Lamar Advertising. How were Lamar Advertising's earnings last quarter? Lamar Advertising Co (NASDAQ:LAMR) released its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported $0.31 EPS for the quarter, missing the Zacks' consensus estimate of $0.99 by $0.68. The real estate investment trust earned $347.70 million during the quarter, compared to analysts' expectations of $367.30 million. Lamar Advertising had a net margin of 16.38% and a return on equity of 23.81%. Lamar Advertising's quarterly revenue was down 22.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.18 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 Tuesday, September 1st. Investors of record on Monday, September 21st will be paid a dividend of $0.50 per share on Wednesday, September 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Friday, September 18th. View Lamar Advertising's dividend history. What guidance has Lamar Advertising issued on next quarter's earnings? Lamar Advertising issued an update on its FY20 earnings guidance on Thursday, August, 6th. The company provided EPS guidance of $1.55-1.93 for the period, compared to the Thomson Reuters consensus estimate of $2.39. What price target have analysts set for LAMR? 5 brokers have issued 1 year price objectives for Lamar Advertising's shares. Their forecasts range from $53.00 to $77.00. On average, they anticipate Lamar Advertising's share price to reach $67.17 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View analysts' price targets for Lamar Advertising. Are investors shorting Lamar Advertising? Lamar Advertising saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,850,000 shares, a decrease of 14.0% from the August 15th total of 2,150,000 shares. Based on an average daily trading volume, of 658,800 shares, the days-to-cover ratio is presently 2.8 days. View Lamar Advertising's Short Interest. 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) and MDC Partners (MDCA). 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 Enterprise Products Partners (EPD), Verizon Communications (VZ), Chevron (CVX), Iron Mountain (IRM), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Duke Energy (DUK), IBM (IBM) 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.17%), Victory Capital Management Inc. (3.49%), Thornburg Investment Management Inc. (1.55%), Bank of New York Mellon Corp (1.45%), DAVENPORT & Co LLC (1.04%) and Bank of Montreal Can (0.96%). 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 Vanguard Group Inc., Miller Howard Investments Inc. NY, Avalon Investment & Advisory, Wedge Capital Management L L P NC, Kayne Anderson Rudnick Investment Management LLC, APG Asset Management N.V., DAVENPORT & Co LLC, and Scout Investments Inc.. View insider buying and selling activity for Lamar Advertising. Which institutional investors are buying Lamar Advertising stock? LAMR stock was acquired by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., Bank of Montreal Can, Pacer Advisors Inc., Bank of New York Mellon Corp, Nuveen Asset Management LLC, and Marshall Wace LLP. 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 $63.56. How big of a company is Lamar Advertising? Lamar Advertising has a market capitalization of $6.41 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 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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