Lamar Advertising Company (NASDAQ:LAMR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Lamar Advertising Company (NASDAQ:LAMR) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $139.80.

Several brokerages recently weighed in on LAMR. UBS Group set a $150.00 price target on Lamar Advertising in a report on Monday, February 23rd. Wells Fargo & Company boosted their price objective on shares of Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Weiss Ratings upgraded shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. TD Cowen restated a “buy” rating on shares of Lamar Advertising in a research note on Monday, February 23rd. Finally, Morgan Stanley set a $140.00 target price on shares of Lamar Advertising in a report on Tuesday, December 16th.

Hedge Funds Weigh In On Lamar Advertising

A number of large investors have recently modified their holdings of the business. Boston Partners boosted its stake in shares of Lamar Advertising by 2.0% in the third quarter. Boston Partners now owns 2,384,715 shares of the real estate investment trust’s stock valued at $291,928,000 after buying an additional 46,361 shares in the last quarter. Geode Capital Management LLC raised its position in Lamar Advertising by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 2,382,137 shares of the real estate investment trust’s stock worth $301,573,000 after acquiring an additional 32,542 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Lamar Advertising by 3.3% in the fourth quarter. Wellington Management Group LLP now owns 2,027,080 shares of the real estate investment trust’s stock valued at $256,588,000 after acquiring an additional 64,824 shares during the period. Northern Trust Corp lifted its holdings in Lamar Advertising by 23.9% in the third quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust’s stock valued at $199,490,000 after acquiring an additional 314,235 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of Lamar Advertising by 7.6% during the 3rd quarter. AQR Capital Management LLC now owns 1,587,887 shares of the real estate investment trust’s stock worth $193,166,000 after purchasing an additional 112,362 shares in the last quarter. 93.78% of the stock is owned by hedge funds and other institutional investors.

Lamar Advertising Stock Performance

Shares of LAMR stock opened at $127.52 on Friday. The stock’s 50-day moving average price is $132.20 and its 200 day moving average price is $127.83. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.10. The stock has a market capitalization of $12.92 billion, a PE ratio of 22.10 and a beta of 1.21. Lamar Advertising has a 52-week low of $99.84 and a 52-week high of $139.76.

Lamar Advertising (NASDAQ:LAMR) last posted its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.68). Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.The company had revenue of $595.93 million for the quarter, compared to analyst estimates of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, equities research analysts forecast that Lamar Advertising will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $6.40 dividend on an annualized basis and a yield of 5.0%. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.55. Lamar Advertising’s dividend payout ratio is presently 110.92%.

About Lamar Advertising

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.