Lamar Advertising - LAMR Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LAMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAMR, but not buy additional shares or sell existing shares.
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3 Wall Street research analysts have issued 12-month price targets for Lamar Advertising's stock. Their LAMR share price forecasts range from $108.00 to $131.00. On average, they expect the company's stock price to reach $116.33 in the next year. This suggests a possible upside of 10.2% from the stock's current price.
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Lamar Advertising's stock was trading at $121.30 at the start of the year. Since then, LAMR shares have decreased by 13.0% and is now trading at $105.55.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our LAMR earnings forecast.

Lamar Advertising (NASDAQ:LAMR) released its quarterly earnings data on Wednesday, August, 3rd. The real estate investment trust reported $1.32 EPS for the quarter, beating the consensus estimate of $1.27 by $0.05. Lamar Advertising had a net margin of 23.52% and a trailing twelve-month return on equity of 37.09%. During the same quarter last year, the firm earned $1.75 EPS.

Lamar Advertising declared a quarterly dividend on Thursday, May 19th. Shareholders of record on Monday, June 20th will be paid a dividend of $1.20 per share on Thursday, June 30th. This represents a $4.80 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date of this dividend is Thursday, June 16th. This is a positive change from the stock's previous quarterly dividend of $1.10.
Read our dividend analysis for LAMR.

Lamar Advertising (NASDAQ:LAMR) pays an annual dividend of $4.80 per share and currently has a dividend yield of 4.55%. LAMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 106.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LAMR will have a dividend payout ratio of 66.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LAMR.

Lamar Advertising updated its FY 2022 earnings guidance on Monday, May, 23rd. The company provided EPS guidance of $4.88-$4.96 for the period, compared to the consensus estimate of $4.66. The company issued revenue guidance of -.

86 employees have rated Lamar Advertising Chief Executive Officer Sean Reilly on Glassdoor.com. Sean Reilly has an approval rating of 87% among the company's employees.

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 variety of retail and institutional investors. Top institutional investors include FMR LLC (5.12%), Victory Capital Management Inc. (3.52%), DAVENPORT & Co LLC (1.68%), JPMorgan Chase & Co. (1.14%), Hamlin Capital Management LLC (1.06%) and Wells Fargo & Company MN (1.02%). Insiders that own company stock include Anna Reilly, Jay Lecoryelle Johnson, John E Koerner III and Stephen P Mumblow.
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Shares of LAMR stock 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 $105.55.

Lamar Advertising (NASDAQ:LAMR) has a market capitalization of $10.72 billion and generates $1.79 billion in revenue each year. The real estate investment trust earns $388.09 million in net income (profit) each year or $4.49 on an earnings per share basis.

The company employs 3,350 workers across the globe.

Lamar Advertising was founded in 1902.

Lamar Advertising's mailing address is 5321 CORPORATE BOULEVARD, BATON ROUGE LA, 70808. The official website for the company is www.lamar.com. The real estate investment trust can be reached via phone at (225) 308-5060, via email at twall@lamar.com, or via fax at 225-926-1005.