Lamar Advertising Company (NASDAQ:LAMR) Receives Average Rating of “Hold” from Brokerages

Shares of Lamar Advertising Company (NASDAQ:LAMR) have received an average recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $133.00.

Several research analysts recently commented on the stock. Citigroup raised their target price on Lamar Advertising from $135.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Lamar Advertising in a research note on Monday, December 29th. Morgan Stanley set a $140.00 target price on shares of Lamar Advertising in a research report on Tuesday, December 16th. TD Cowen reissued a “buy” rating on shares of Lamar Advertising in a report on Monday. Finally, JPMorgan Chase & Co. raised their price target on shares of Lamar Advertising from $122.00 to $128.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th.

Lamar Advertising Trading Up 0.9%

Lamar Advertising stock opened at $133.98 on Monday. Lamar Advertising has a 12-month low of $99.84 and a 12-month high of $136.69. The stock has a market capitalization of $13.57 billion, a PE ratio of 23.22 and a beta of 1.23. The firm has a 50 day simple moving average of $129.31 and a 200-day simple moving average of $126.23. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.59 and a quick ratio of 0.59.

Lamar Advertising (NASDAQ:LAMR) last announced its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.68). Lamar Advertising had a return on equity of 59.02% 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 expect that Lamar Advertising will post 7.92 EPS for the current fiscal year.

Lamar Advertising Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a $1.55 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $6.20 dividend on an annualized basis and a yield of 4.6%. Lamar Advertising’s payout ratio is presently 145.54%.

Institutional Investors Weigh In On Lamar Advertising

A number of institutional investors and hedge funds have recently made changes to their positions in LAMR. Nisa Investment Advisors LLC increased its holdings in Lamar Advertising by 31.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 45,951 shares of the real estate investment trust’s stock valued at $5,625,000 after buying an additional 10,982 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Lamar Advertising by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 97,106 shares of the real estate investment trust’s stock worth $11,785,000 after buying an additional 733 shares during the last quarter. Assetmark Inc. grew its position in Lamar Advertising by 31.3% in the third quarter. Assetmark Inc. now owns 102,270 shares of the real estate investment trust’s stock valued at $12,520,000 after acquiring an additional 24,391 shares during the last quarter. Meixler Investment Management Ltd. boosted its stake in shares of Lamar Advertising by 47.0% in the 2nd quarter. Meixler Investment Management Ltd. now owns 9,650 shares of the real estate investment trust’s stock valued at $1,171,000 after purchasing an additional 3,086 shares in the last quarter. Finally, Gateway Investment Advisers LLC lifted its stake in Lamar Advertising by 89.4% in the 3rd quarter. Gateway Investment Advisers LLC now owns 74,254 shares of the real estate investment trust’s stock valued at $9,090,000 after purchasing an additional 35,048 shares during the last quarter. Institutional investors own 93.78% of the company’s stock.

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.