About Lamar Advertising (NASDAQ:LAMR)
Founded in 1902, Lamar Advertising (Nasdaq:LAMR) is one of the largest outdoor advertising companies in North America, with more than 348,000 displays across the United States, Canada and Puerto Rico. Lamar offers advertisers a variety of billboard, interstate logo and transit 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 2,800 displays.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryAdvertising
SectorFinance
SymbolNASDAQ:LAMR
CUSIP51281510
Phone225-926-1000
Debt
Debt-to-Equity Ratio2.30%
Current Ratio1.29%
Quick Ratio1.29%
Price-To-Earnings
Trailing P/E Ratio12.50
Forward P/E RatioN/A
P/E Growth4.14
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales3.45
Cash Flow$5.3898 per share
Price / Cash11.75
Book Value$11.23 per share
Price / Book5.64
Profitability
EPS (Most Recent Fiscal Year)$5.05
Net Income$317.67 million
Net Margins20.61%
Return on Equity29.41%
Return on Assets7.90%
Miscellaneous
Employees3,400
Outstanding Shares83,980,000
Lamar Advertising (NASDAQ:LAMR) Frequently Asked Questions
What is Lamar Advertising's stock symbol?
Lamar Advertising trades on the NASDAQ under the ticker symbol "LAMR."
How often does Lamar Advertising pay dividends? What is the dividend yield for Lamar Advertising?
Lamar Advertising announced a quarterly dividend on Thursday, February 22nd. Investors of record on Monday, March 19th will be paid a dividend of $0.91 per share on Thursday, March 29th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date is Friday, March 16th. This is a positive change from Lamar Advertising's previous quarterly dividend of $0.83. View Lamar Advertising's Dividend History.
How were Lamar Advertising's earnings last quarter?
Lamar Advertising (NASDAQ:LAMR) issued its earnings results on Tuesday, February, 27th. The real estate investment trust reported $0.88 EPS for the quarter, missing the Zacks' consensus estimate of $1.25 by $0.37. The real estate investment trust earned $398.50 million during the quarter, compared to analyst estimates of $395.71 million. Lamar Advertising had a net margin of 20.61% and a return on equity of 29.41%. The company's revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 EPS. View Lamar Advertising's Earnings History.
When is Lamar Advertising's next earnings date?
What guidance has Lamar Advertising issued on next quarter's earnings?
Lamar Advertising updated its FY18 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of $2.96-3.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.36.
What price target have analysts set for LAMR?
5 brokerages have issued 1 year price objectives for Lamar Advertising's shares. Their predictions range from $68.00 to $87.00. On average, they anticipate Lamar Advertising's share price to reach $73.25 in the next twelve months. View Analyst Ratings for Lamar Advertising.
Who are some of Lamar Advertising's key competitors?
Some companies that are related to Lamar Advertising include HCP (HCP), Mid-America Apartment Communities (MAA), Sino Land (SNLAY), Regency Centers (REG), Iron Mountain (IRM), UDR (UDR), Duke Realty (DRE), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Macerich (MAC), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Gaming and Leisure Properties (GLPI), Sun Communities (SUI), AGNC Investment (AGNC), Kilroy Realty (KRC), Vici Properties (VICI) and VEREIT (VER).
Who are Lamar Advertising's key executives?
Lamar Advertising's management team includes the folowing people:
- Mr. Kevin P. Reilly Jr., Chairman & Pres (Age 63)
- Mr. Sean E. Reilly, Chief Exec. Officer (Age 56)
- Mr. Keith A. Istre, Treasurer, CFO & Principal Accounting Officer (Age 65)
- Robert B. Switzer, VP of Operations
- Mr. James R. McIlwain, Sec. & Gen. Counsel
Has Lamar Advertising been receiving favorable news coverage?
News headlines about LAMR stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lamar Advertising earned a news impact score of 0.13 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 45.07 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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, Scottrade, Fidelity and Charles Schwab.
What is Lamar Advertising's stock price today?
One share of LAMR stock can currently be purchased for approximately $63.36.
How big of a company is Lamar Advertising?
Lamar Advertising has a market capitalization of $5.36 billion and generates $1.54 billion in revenue each year. The real estate investment trust earns $317.67 million in net income (profit) each year or $5.05 on an earnings per share basis. Lamar Advertising employs 3,400 workers across the globe.
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]
MarketBeat Community Rating for Lamar Advertising (LAMR)
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.
Lamar Advertising (NASDAQ:LAMR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Lamar Advertising in the last 12 months. Their average twelve-month price target is $73.25, suggesting that the stock has a possible upside of 15.66%. The high price target for LAMR is $87.00 and the low price target for LAMR is $68.00. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.33 |
| Ratings Breakdown: | 1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $73.25 | $73.25 | $71.75 | $73.00 |
| Price Target Upside: | 15.66% upside | 9.77% upside | 5.65% downside | 14.17% upside |
Lamar Advertising (NASDAQ:LAMR) Consensus Price Target History
Lamar Advertising (NASDAQ:LAMR) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/8/2018 | MKM Partners | Boost Price Target | Neutral -> Neutral | $64.00 -> $68.00 | Low |  |
| 2/9/2018 | Morgan Stanley | Boost Price Target | Equal Weight -> Equal Weight | $68.00 -> $70.00 | Medium | |
| 12/20/2017 | Citigroup | Downgrade | Neutral -> Sell | $68.00 | High | |
| 7/26/2017 | Wells Fargo | Downgrade | Outperform -> Market Perform | | Low | |
| 6/9/2017 | Loop Capital | Reiterated Rating | Buy | $87.00 | Low | |
| 1/17/2017 | Goldman Sachs | Upgrade | Neutral -> Buy | $80.00 | N/A | |
| 7/21/2016 | Gabelli | Downgrade | Buy -> Hold | $64.00 | N/A | |
(Data available from 4/19/2016 forward)
Lamar Advertising (NASDAQ:LAMR) Dividend Information
Lamar Advertising pays an annual dividend of $3.64 per share, with a dividend yield of 5.75%. LAMR's most recent quarterly dividend payment was Thursday, March 29. The company has grown its dividend for the last 2 consecutive years and is increasing its dividend by an average of -0.10% each year. Lamar Advertising pays out 72.08% of its earnings out as a dividend.
| Most Recent Dividend: | 3/29/2018 |
| Annual Dividend: | $3.64 |
| Dividend Yield: | 5.75% |
| Dividend Growth: | -0.10% (3 Year Average) |
| Payout Ratio: | 72.08% (Trailing 12 Months of Earnings)
70.82% (Based on This Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Lamar Advertising (NASDAQ:LAMR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2018 | quarterly | $0.91 | 5.26087584911114% | 3/16/2018 | 3/19/2018 | 3/29/2018 |
| 11/28/2017 | quarterly | $0.83 | | | 12/18/2017 | 1/2/2018 |
| 11/28/2017 | quarterly | $0.83 | 4.48% | 12/15/2017 | 12/18/2017 | 12/29/2017 |
| 8/29/2017 | quarterly | $0.83 | 5% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 5/25/2017 | quarterly | $0.83 | 4.82% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 2/23/2017 | quarterly | $0.83 | 4.45% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 12/8/2016 | quarterly | $0.76 | 4.53% | 12/15/2016 | 12/19/2016 | 12/30/2016 |
| 8/29/2016 | quarterly | $0.76 | 4.83% | 9/14/2016 | 9/16/2016 | 9/30/2016 |
| 5/26/2016 | quarterly | $0.75 | 4.64% | 6/14/2016 | 6/16/2016 | 6/30/2016 |
| 2/25/2016 | quarterly | $0.75 | 5.35% | 3/14/2016 | 3/16/2016 | 3/31/2016 |
| 12/9/2015 | quarterly | $0.69 | 4.75% | 12/17/2015 | 12/21/2015 | 12/30/2015 |
| 9/1/2015 | quarterly | $0.69 | 5.28% | 9/14/2015 | 9/16/2015 | 9/30/2015 |
| 5/28/2015 | quarterly | $0.69 | 4.55% | 6/12/2015 | 6/16/2015 | 6/30/2015 |
| 2/26/2015 | quarterly | $0.68 | 4.68% | 3/13/2015 | 3/17/2015 | 3/31/2015 |
| 12/11/2014 | quarterly | $0.84 | 6.34% | 12/18/2014 | 12/22/2014 | 12/30/2014 |
| 8/27/2014 | quarterly | $0.83 | 6.34% | 9/18/2014 | 9/22/2014 | 9/30/2014 |
| 5/22/2014 | quarterly | $0.83 | 6.63% | 5/28/2014 | 6/1/2014 | 6/30/2014 |
(Data available from 1/1/2013 forward)
Lamar Advertising (NASDAQ LAMR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 15.64%
Institutional Ownership Percentage: 98.73%
Lamar Advertising (NASDAQ LAMR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/14/2017 | Stephen P Mumblow | Director | Sell | 4,000 | $78.33 | $313,320.00 | 11,031 | |
| 5/24/2017 | Stephen P Mumblow | Director | Sell | 20,000 | $70.61 | $1,412,200.00 | 5,970 | |
| 3/29/2017 | Anna Reilly | Director | Sell | 50,000 | $74.83 | $3,741,500.00 | 141,859 | |
| 3/20/2017 | Keith A Istre | CFO | Sell | 25,000 | $77.47 | $1,936,750.00 | 169,253 | |
| 3/9/2017 | John Maxwell Hamilton | Director | Sell | 4,000 | $76.20 | $304,800.00 | 19,431 | |
| 3/6/2017 | John Maxwell Hamilton | Director | Sell | 2,000 | $76.00 | $152,000.00 | 17,431 | |
| 3/2/2017 | John Maxwell Hamilton | Director | Sell | 2,000 | $76.00 | $152,000.00 | 17,431 | |
| 11/15/2016 | Keith A Istre | CFO | Sell | 25,000 | $61.04 | $1,526,000.00 | 151,199 | |
| 6/16/2016 | Stephen P Mumblow | Director | Sell | 10,000 | $63.50 | $635,000.00 | 30,970 | |
| 5/9/2016 | Keith A Istre | CFO | Sell | 8,918 | $63.47 | $566,025.46 | 135,117 | |
| 11/12/2015 | Stephen P. Mumblow | Director | Sell | 6,000 | $58.33 | $349,980.00 | 34,794 | |
| 3/30/2015 | Kevin P Reilly Jr | Major Shareholder | Sell | 80,294 | $58.54 | $4,700,410.76 | | |
| 3/25/2015 | Kevin P Reilly Jr | Major Shareholder | Sell | 101,928 | $59.11 | $6,024,964.08 | | |
| 3/18/2015 | Sean E Reilly | CEO | Sell | 116,444 | $58.90 | $6,858,551.60 | | |
| 3/9/2015 | Anna Reilly | Director | Sell | 81,526 | $57.32 | $4,673,070.32 | | |
| 8/11/2014 | Keith A Istre | CFO | Sell | 26,665 | $50.96 | $1,358,848.40 | | |
| 3/20/2014 | Stephen Mumblow | Director | Sell | 10,000 | $52.72 | $527,200.00 | 27,276 | |
| 8/14/2013 | Anna Reilly | Director | Sell | 150,000 | $44.03 | $6,604,500.00 | 151,221 | |
| 7/12/2013 | Advisory Corp Spo | Major Shareholder | Sell | 485,000 | $44.97 | $21,810,450.00 | | |
| 8/21/2012 | Keith A Istre | CFO | Sell | 20,000 | $32.90 | $658,000.00 | | |
| 8/9/2012 | Advisory Corp Spo | Major Shareholder | Sell | 3,100,000 | $33.75 | $104,625,000.00 | | |
(Data available from 1/1/2013 forward)
Lamar Advertising (NASDAQ LAMR) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Lamar Advertising (LAMR) Downgraded by BidaskClub to "Sell"
www.americanbankingnews.com - April 17 at 11:58 PM |
| Lamar Advertising (LAMR) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - April 17 at 9:57 AM |
| Lamar Advertising (LAMR) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 15 at 3:48 PM |
| Lamar Advertising (LAMR) Rating Increased to Buy at ValuEngine
www.americanbankingnews.com - April 11 at 3:58 PM |
| Lamar Advertising (LAMR) Downgraded by BidaskClub to "Strong Sell"
www.americanbankingnews.com - April 10 at 9:26 PM |
| Lamar Advertising (LAMR) Upgraded to Buy at ValuEngine
www.americanbankingnews.com - April 8 at 11:48 AM |
 | What FANGs Entrance Into the Billboard Business Means for a Resilient Industry
finance.yahoo.com - April 7 at 2:09 PM |
 | Cashing In On The Billboard Kingpin: Lamar Advertising
seekingalpha.com - April 4 at 5:11 PM |
| Lamar Advertising Company to Release First Quarter Ended March 31, 2018 Operating Results
finance.yahoo.com - April 3 at 3:42 PM |
| BidaskClub Upgrades Lamar Advertising (LAMR) to Sell
www.americanbankingnews.com - April 3 at 11:00 AM |
| Lamar Advertising (LAMR) Downgraded to Sell at BidaskClub
www.americanbankingnews.com - March 30 at 2:19 PM |
| Lamar Advertising (LAMR) Downgraded to "Strong Sell" at BidaskClub
www.americanbankingnews.com - March 23 at 7:56 PM |
 | Notable Thursday Option Activity: LAMR, ULTA, SEAS - Nasdaq
www.nasdaq.com - March 16 at 11:20 AM |
| Lamar Advertising Company (LAMR) Ex-Dividend Date Scheduled for March 16, 2018 - Nasdaq
www.nasdaq.com - March 15 at 3:38 PM |
| EX-Dividend Schedule: Lamar Advertising Raised its Dividend by 10%; Will Trade Ex-Dividend on March 16, 2018
finance.yahoo.com - March 15 at 10:16 AM |
| Only 3 Days Left Before Lamar Advertising Company (REIT) (NASDAQ:LAMR) Will Start Trading Ex-Dividend, Should You Buy?
finance.yahoo.com - March 12 at 3:35 PM |
 | This Morning's Technical Outlook on REIT Stocks -- Investors Real Estate Trust, iStar, Lamar Advertising Company ... - PR Newswire (press release)
www.prnewswire.com - March 12 at 8:05 AM |
| Lamar Advertising (LAMR) Price Target Increased to $68.00 by Analysts at MKM Partners
www.americanbankingnews.com - March 8 at 6:41 PM |
 | Lamar Advertising (LAMR) PT Raised to $68 at MKM Partners - StreetInsider.com
www.streetinsider.com - March 8 at 3:39 PM |
| Sei Investments Co. Increases Holdings in Lamar Advertising (LAMR)
www.americanbankingnews.com - March 6 at 7:25 AM |
| Lamar Advertising (LAMR) Shares Sold by First Trust Advisors LP
www.americanbankingnews.com - March 5 at 8:18 AM |
| State of Tennessee Treasury Department Raises Stake in Lamar Advertising (LAMR)
www.americanbankingnews.com - March 3 at 10:12 AM |
| The Manufacturers Life Insurance Company Has $10.45 Million Position in Lamar Advertising (LAMR)
www.americanbankingnews.com - March 3 at 8:34 AM |
| CWH Capital Management Inc. Reduces Position in Lamar Advertising (LAMR)
www.americanbankingnews.com - March 2 at 4:44 PM |
| Lamar Advertising (LAMR) Shares Sold by WS Management Lllp
www.americanbankingnews.com - February 28 at 5:21 PM |
| Fairview Capital Investment Management LLC Has $7.02 Million Position in Lamar Advertising (LAMR)
www.americanbankingnews.com - February 28 at 3:40 PM |
| Lamar Advertising (LAMR) Stock Slips Despite Q4 FFO Beat - Nasdaq
www.nasdaq.com - February 28 at 3:40 PM |
| Liberty Mutual Group Asset Management Inc. Has $1.58 Million Stake in Lamar Advertising (LAMR)
www.americanbankingnews.com - February 28 at 12:56 PM |
| Lamar Advertising -4.2% despite Q4 gains
seekingalpha.com - February 28 at 10:33 AM |
| Lamar Advertising (LAMR) Position Boosted by BlackRock Inc.
www.americanbankingnews.com - February 28 at 5:16 AM |
| Lamar Advertising (LAMR) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS
www.americanbankingnews.com - February 27 at 5:32 PM |
| Lamar Advertising (LAMR) Q4 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - February 27 at 3:38 PM |
| Lamar Advertising (LAMR) Releases FY18 Earnings Guidance
www.americanbankingnews.com - February 27 at 9:28 AM |
| Lamar Advertising beats by $0.04, beats on revenue
seekingalpha.com - February 27 at 9:17 AM |
| Lamar Advertising Company Announces Fourth Quarter and Year End 2017 Operating Results
finance.yahoo.com - February 27 at 9:17 AM |
| Is Lamar Advertising Company (REIT) (NASDAQ:LAMR) A Sell At Its Current PE Ratio?
finance.yahoo.com - February 27 at 9:17 AM |
| Lamar Advertising Company Class A to Host Earnings Call
finance.yahoo.com - February 27 at 9:17 AM |
| Lamar Advertising (LAMR) Holdings Boosted by Arizona State Retirement System
www.americanbankingnews.com - February 27 at 4:24 AM |
| Lamar Advertising (LAMR) Stake Lowered by Rhumbline Advisers
www.americanbankingnews.com - February 26 at 1:42 PM |
| Lamar Advertising (LAMR) Expected to Post Quarterly Sales of $396.20 Million
www.americanbankingnews.com - February 25 at 4:22 AM |
| Lamar Advertising (LAMR) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - February 24 at 3:42 PM |
| Lamar Advertising (LAMR) Shares Sold by OppenheimerFunds Inc.
www.americanbankingnews.com - February 24 at 2:56 PM |
| FDx Advisors Inc. Sells 3,306 Shares of Lamar Advertising (LAMR)
www.americanbankingnews.com - February 24 at 2:16 PM |
| American International Group Inc. Has $12.92 Million Holdings in Lamar Advertising (LAMR)
www.americanbankingnews.com - February 24 at 12:56 PM |
| Lamar Advertising (LAMR) Stake Lessened by Bank of New York Mellon Corp
www.americanbankingnews.com - February 24 at 9:56 AM |
| California Public Employees Retirement System Has $15.71 Million Holdings in Lamar Advertising (LAMR)
www.americanbankingnews.com - February 24 at 5:10 AM |
| $1.29 EPS Expected for Lamar Advertising (LAMR) This Quarter
www.americanbankingnews.com - February 23 at 5:30 PM |
| Lamar Advertising (LAMR) Declares Quarterly Dividend of $0.91
www.americanbankingnews.com - February 22 at 6:40 PM |
| Lamar Advertising (LAMR) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - February 20 at 1:02 AM |
 | Lamar Advertising Company Announces Redemption of 5 7/8% Senior Subordinated Notes Due 2022 - GlobeNewswire (press release)
globenewswire.com - February 18 at 3:32 PM |
Lamar Advertising (NASDAQ:LAMR) SEC Filings
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Lamar Advertising (NASDAQ:LAMR) Income Statement, Balance Sheet and Cash Flow Statement
Lamar Advertising (NASDAQ LAMR) Stock Chart for Thursday, April, 19, 2018
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