NASDAQ:LAMR - Lamar Advertising Stock Price, Forecast & News

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

Lamar Advertising announced a quarterly dividend on Wednesday, December 4th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.96 per share on Monday, December 30th. This represents a $3.84 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Friday, December 13th. View Lamar Advertising's Dividend History.

Lamar Advertising Co (NASDAQ:LAMR) posted its earnings results on Thursday, February, 20th. The real estate investment trust reported $1.02 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.10 by $0.08. The real estate investment trust earned $462.70 million during the quarter, compared to analysts' expectations of $464.04 million. Lamar Advertising had a net margin of 21.23% and a return on equity of 32.10%. The business's revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.96 EPS. View Lamar Advertising's Earnings History.

Lamar Advertising is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Lamar Advertising.

Lamar Advertising issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $3.55-3.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.93.

3 brokerages have issued twelve-month price targets for Lamar Advertising's stock. Their forecasts range from $81.00 to $94.00. On average, they expect Lamar Advertising's share price to reach $88.67 in the next year. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Lamar Advertising.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lamar Advertising.

News headlines about LAMR stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lamar Advertising earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Lamar Advertising.

Lamar Advertising saw a increase in short interest in January. As of January 31st, there was short interest totalling 3,720,000 shares, an increase of 6.0% from the January 15th total of 3,510,000 shares. Based on an average trading volume of 374,700 shares, the days-to-cover ratio is currently 9.9 days. Currently, 4.4% of the company's stock are short sold. View Lamar Advertising's Current Options Chain.

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).

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

Lamar Advertising's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (7.73%), Victory Capital Management Inc. (3.45%), Victory Capital Management Inc. (3.26%), State Street Corp (2.05%), Cohen & Steers Inc. (1.98%) and Renaissance Technologies LLC (1.88%). Company insiders that own Lamar Advertising stock include 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 Bank of New York Mellon Corp, Miller Howard Investments Inc. NY, Amundi Pioneer Asset Management Inc., Janus Henderson Group PLC, Kayne Anderson Rudnick Investment Management LLC, Prudential Financial Inc., Renaissance Technologies LLC and Wedge Capital Management L L P NC. Company insiders that have sold Lamar Advertising company stock in the last year include Keith A Istre, Sean E Reilly, Stephen P Mumblow and Thomas V Reifenheiser. View Insider Buying and Selling for Lamar Advertising.

LAMR stock was acquired by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Advisory Research Inc., Cohen & Steers Inc., Daiwa Securities Group Inc., Victory Capital Management Inc., Scout Investments Inc., Bank of Montreal Can and UBS Group AG. View Insider Buying and Selling 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 $95.29.

Lamar Advertising has a market capitalization of $9.57 billion and generates $1.63 billion in revenue each year. The real estate investment trust earns $305.23 million in net income (profit) each year or $5.50 on an earnings per share basis. Lamar Advertising employs 3,600 workers across the globe.View Additional Information About Lamar Advertising.

The official website for Lamar Advertising is http://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]