NASDAQ:LAMRLamar Advertising Stock Price, Forecast & News

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 0.4% and is now trading at $68.00.
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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."
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Lamar Advertising is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Lamar Advertising.

Lamar Advertising Co (NASDAQ:LAMR) posted its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.99 by $0.68. The real estate investment trust earned $347.70 million during the quarter, compared to analyst estimates of $367.30 million. Lamar Advertising had a return on equity of 23.81% and a net margin of 16.38%. The firm's revenue was down 22.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.18 earnings per share.
View Lamar Advertising's earnings history.

Lamar Advertising declared a quarterly dividend on Thursday, May 28th. Investors of record on Monday, June 22nd will be paid a dividend of $0.50 per share on Tuesday, June 30th. This represents a $2.00 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend is Friday, June 19th.
View Lamar Advertising's dividend history.

Lamar Advertising updated its FY20 earnings guidance on Thursday, August, 6th. The company provided earnings per share (EPS) guidance of $1.55-1.93 for the period, compared to the Thomson Reuters consensus estimate of $2.39.

5 analysts have issued 1-year target prices for Lamar Advertising's stock. Their forecasts range from $53.00 to $77.00. On average, they anticipate Lamar Advertising's stock price to reach $67.17 in the next year. This suggests that the stock has a possible downside of 1.2%.
View analysts' price targets for Lamar Advertising.

News articles about LAMR stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lamar Advertising earned a coverage optimism score of -4.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about Lamar Advertising.

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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lamar Advertising investors own include AT&T (T), Enterprise Products Partners (EPD), Verizon Communications (VZ), Chevron (CVX), Iron Mountain (IRM), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Duke Energy (DUK) and Johnson & Johnson (JNJ).

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

Lamar Advertising's stock is owned by a number of retail and institutional investors. Top institutional investors include 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%), Bank of Montreal Can (0.96%) and Wedge Capital Management L L P NC (0.84%). 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.

LAMR stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Avalon Investment & Advisory, Wedge Capital Management L L P NC, DAVENPORT & Co LLC, Scout Investments Inc., Colony Capital Inc., Schwartz Investment Counsel Inc., and Thornburg Investment Management Inc..
View insider buying and selling activity for Lamar Advertising.

LAMR stock was bought by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Goldman Sachs Group Inc., Bank of Montreal Can, Pacer Advisors Inc., Bank of New York Mellon Corp, Hudson Bay Capital Management LP, Beacon Financial Group, and Advisors Management Group Inc. ADV.
View insider buying and selling activity 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 $68.00.

Lamar Advertising has a market capitalization of $6.85 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.

The official website for Lamar Advertising is 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]