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 and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport 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 2,900 displays.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryAdvertising
SectorFinance
Phone225-926-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.63 billion
Profitability
Miscellaneous
Employees3,600
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Friday, March 1st. Stockholders of record on Friday, March 15th will be paid a dividend of $0.96 per share on Friday, March 29th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date is Thursday, March 14th. This is an increase from Lamar Advertising's previous quarterly dividend of $0.92. View Lamar Advertising's Dividend History.
How were Lamar Advertising's earnings last quarter?
Lamar Advertising Co (NASDAQ:LAMR) announced its quarterly earnings data on Wednesday, February, 20th. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.34 by $0.38. The real estate investment trust earned $427.90 million during the quarter, compared to analyst estimates of $426.29 million. Lamar Advertising had a net margin of 18.76% and a return on equity of 28.12%. The firm's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.88 earnings per share. 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 FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $3.69-3.86 for the period, compared to the Thomson Reuters consensus estimate of $3.60. Lamar Advertising also updated its FY 2019 guidance to $3.69-3.86 EPS.
What price target have analysts set for LAMR?
6 analysts have issued 12-month price objectives for Lamar Advertising's shares. Their forecasts range from $69.00 to $88.00. On average, they expect Lamar Advertising's share price to reach $78.00 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for Lamar Advertising.
What is the consensus analysts' recommendation for Lamar Advertising?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lamar Advertising in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lamar Advertising.
Has Lamar Advertising been receiving favorable news coverage?
News headlines about LAMR stock have trended somewhat negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lamar Advertising earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news articles 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 stock's share price in the immediate future.
Who are some of Lamar Advertising's key competitors?
Some companies that are related to Lamar Advertising include Welltower (WELL), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST) and WP Carey (WPC).
What other stocks do shareholders of Lamar Advertising own?
Who are Lamar Advertising's key executives?
Lamar Advertising's management team includes the folowing people:
- Mr. Kevin Patrick Reilly Jr., Chairman & Pres (Age 64)
- Mr. Sean E. Reilly, Chief Exec. Officer (Age 57)
- Mr. Keith A. Istre, Chief Financial & Accounting Officer and Treasurer (Age 66)
- Mr. Robert B. Switzer, VP of Operations
- Mr. Buster Kantrow, Director, Investor Relations
Who are Lamar Advertising's major shareholders?
Lamar Advertising's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.43%), Cohen & Steers Inc. (3.76%), Victory Capital Management Inc. (3.10%), Oregon Public Employees Retirement Fund (2.31%), Bank of New York Mellon Corp (2.08%) and Daiwa Securities Group Inc. (1.88%). Company insiders that own Lamar Advertising stock include Anna Reilly, Keith A Istre, Sean E Reilly and Stephen P Mumblow. View Institutional Ownership Trends for Lamar Advertising.
Which institutional investors are selling Lamar Advertising stock?
LAMR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Scout Investments Inc., Wedge Capital Management L L P NC, Bank of New York Mellon Corp, Waratah Capital Advisors Ltd., Miller Howard Investments Inc. NY, Cohen & Steers Inc. and Capital Management Corp VA. Company insiders that have sold Lamar Advertising company stock in the last year include Keith A Istre and Sean E Reilly. View Insider Buying and Selling for Lamar Advertising.
Which institutional investors are buying Lamar Advertising stock?
LAMR stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Rothschild & Co. Asset Management US Inc., Millennium Management LLC, Daiwa Securities Group Inc., BlackRock Inc., Anchor Capital Advisors LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for Lamar Advertising.
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 $76.70.
How big of a company is Lamar Advertising?
Lamar Advertising has a market capitalization of $7.64 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.
What is Lamar Advertising's official website?
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 (NASDAQ 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.
