Lamar Advertising Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lamar Advertising stock.
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Wall Street analysts have given Lamar Advertising a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lamar Advertising wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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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) released its quarterly earnings results on Wednesday, August, 4th. The real estate investment trust reported $1.18 EPS for the quarter, beating the Thomson Reuters' consensus estimate 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 quarter last year, the business posted $0.31 EPS.
View Lamar Advertising's earnings history.

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 increased by 61.5% and is now trading at $110.25.
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Lamar Advertising declared a quarterly dividend on Tuesday, September 7th. Investors of record on Monday, September 20th will be paid 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 3.63%. The ex-dividend date is Friday, September 17th. This is a boost 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 2.73%. Lamar Advertising does not yet have a strong track record of dividend growth. 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 (EPS) guidance of $3.670-$3.830 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.180. The company issued revenue guidance of -.

1 analysts have issued 1 year target prices for Lamar Advertising's shares. Their forecasts range from $80.00 to $125.00. On average, they anticipate Lamar Advertising's share price to reach $97.67 in the next twelve months. This suggests that the stock has a possible downside of 11.4%.
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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 many different retail and institutional 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 and John E Koerner III.
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..
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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 $110.25.

Lamar Advertising has a market capitalization of $11.16 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].