Lamar Advertising Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Lamar Advertising stock.
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Lamar Advertising saw a drop in short interest in the month of July. As of July 30th, there was short interest totaling 1,200,000 shares, a drop of 20.0% from the July 15th total of 1,500,000 shares. Based on an average trading volume of 401,500 shares, the short-interest ratio is presently 3.0 days. Approximately 1.4% of the shares of the company are short sold.
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Lamar Advertising is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Lamar Advertising.

Lamar Advertising Company (REIT) (NASDAQ:LAMR) posted its quarterly earnings data on Wednesday, August, 4th. The real estate investment trust reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.32. Lamar Advertising had a trailing twelve-month return on equity of 27.71% and a net margin of 20.20%. During the same period last year, the firm posted $0.31 EPS.
View Lamar Advertising's earnings history.

Lamar Advertising's stock was trading at $68.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LAMR stock has increased by 62.0% and is now trading at $110.57.
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Lamar Advertising declared a quarterly dividend on Tuesday, September 7th. Investors of record on Monday, September 20th will be given a dividend of $1.00 per share on Thursday, September 30th. This represents a $4.00 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Friday, September 17th. This is an increase from Lamar Advertising's previous quarterly dividend of $0.75.
View Lamar Advertising's dividend history.

Lamar Advertising pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.70%. The dividend payout ratio of Lamar Advertising is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%.
View Lamar Advertising's dividend history.

Lamar Advertising updated its FY 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share guidance of $3.670-$3.830 for the period, compared to the Thomson Reuters consensus estimate of $3.180. The company issued revenue guidance of -.

1 analysts have issued 12-month price targets for Lamar Advertising's stock. Their forecasts range from $80.00 to $125.00. On average, they expect Lamar Advertising's share price to reach $97.67 in the next year. This suggests that the stock has a possible downside of 11.7%.
View analysts' price targets for Lamar Advertising or view top-rated stocks among Wall Street analysts.

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), The 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."

Lamar Advertising's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.70%), BlackRock Inc. (7.94%), FMR LLC (7.11%), Victory Capital Management Inc. (3.03%), State Street Corp (2.22%) and DAVENPORT & Co LLC (1.39%). Company insiders that own Lamar Advertising stock include Jay Lecoryelle Johnson, John E Koerner III and Stephen P Mumblow.
View institutional ownership trends for Lamar Advertising.

LAMR stock was sold by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Invesco Ltd., Goldman Sachs Group Inc., Putnam Investments LLC, Wells Fargo & Company MN, DigitalBridge Group Inc., Renaissance Technologies LLC, and Chartwell Investment Partners LLC.
View insider buying and selling activity for Lamar Advertising or view top insider-selling stocks.

LAMR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Morgan Stanley, Vanguard Group Inc., Waratah Capital Advisors Ltd., DAVENPORT & Co LLC, State Street Corp, and Prudential Financial Inc..
View insider buying and selling activity for Lamar Advertising or or view top insider-buying stocks.

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 $110.57.

Lamar Advertising has a market capitalization of $11.19 billion and generates $1.57 billion in revenue each year. The real estate investment trust earns $243.39 million in net income (profit) each year or $5.10 on an earnings per share basis.

Lamar Advertising employs 3,300 workers across the globe.

Lamar Advertising was founded in 1902.

The official website for Lamar Advertising is www.lamar.com.

Lamar Advertising is headquartered at 5321 CORPORATE BOULEVARD, BATON ROUGE LA, 70808.

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) 308-5060 or via email at [email protected]