Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Lamar Advertising Co Market Cap
Based on ratings from 8 stock analysts, the Lamar Advertising Co stock price is expected to decrease by 1.49% in 12 months. This is calculated by using the average 12-month stock price forecast for Lamar Advertising Co. The lowest target is $122 and the highest is $140. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assigned LAMR 2 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Lamar Advertising Co to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LAMR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LAMR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Lance Vitanza TD Cowen | Buy | $140 | Maintains | Aug 9, 2024 |
| Richard Close JP Morgan | Neutral | $121 | Maintains | Jul 31, 2024 |
| Lance Vitanza TD Cowen | Buy | $135 | Initiates | Jul 16, 2024 |
| Jason Bazinet Citigroup | Neutral | $122 | Downgrade | Jul 11, 2024 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $110 | Maintains | Feb 26, 2024 |
| Richard Close JP Morgan | Neutral | $109 | Maintains | Feb 26, 2024 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $95 | Maintains | Oct 9, 2023 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $100 | Maintains | Aug 7, 2023 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $108 | Maintains | May 5, 2023 |
| Jason Bazinet Citigroup | Buy | $116 | Maintains | Mar 1, 2023 |
| Richard Close JP Morgan | Neutral | $110 | Maintains | Feb 27, 2023 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $110 | Maintains | Aug 4, 2022 |
| Jason Bazinet Citigroup | Buy | $108 | Upgrade | Jul 7, 2022 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $103 | Downgrade | Jun 10, 2022 |
| Benjamin Swinburne Morgan Stanley | Overweight | $135 | Maintains | Feb 28, 2022 |
| Ben Swinburne Morgan Stanley | Overweight | $125 | Maintains | Jun 11, 2021 |
Morgan Stanley | Overweight | $115 | Maintains | Apr 30, 2021 |
| Benjamin Swinburne Morgan Stanley | Overweight | $105 | Maintains | Mar 9, 2021 |
Morgan Stanley | Overweight | $87 | Maintains | Nov 6, 2020 |
Morgan Stanley | Overweight | Upgrade | Nov 2, 2020 |
When did it IPO
1996
Staff Count
3,550
Country
United States
Sector/Industry
Real Estate/REIT—Specialty
CEO
Mr. Sean E. Reilly
Market Cap
$13.28B
In 2023, LAMR generated $2.11B in revenue, which was a increase of 3.88% from the previous year. This can be seen as a signal that LAMR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 29 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - LAMR has increased its dividend eight times in the past five years, with a five-year annualized growth rate of 16.50%.
Why It Matters - LAMR's consistent dividend increases and strong growth rate signal financial health and commitment to returning value, making it an attractive option for income-focused investors.
Wed, 28 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Healthpeak Properties, Lamar Advertising, and Cousins Properties are featured in an Industry Outlook article, indicating their relevance in the current market landscape.
Why It Matters - Highlighting these companies signals potential growth or investment opportunities in real estate and advertising sectors, influencing investor decisions and market sentiment.
Tue, 27 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Lamar Advertising Company (Nasdaq: LAMR) declared a quarterly cash dividend of $1.40 per share, payable on September 30, 2024. Total expected distributions in 2024 are at least $5.40 per share.
Why It Matters - Lamar Advertising's declared dividend of $1.40 per share signals strong cash flow and commitment to returning value, attracting income-focused investors and potentially boosting stock demand.
Tue, 27 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks REIT and Equity Trust - Other players like DOC, LAMR, and CUZ are expected to benefit from strong fundamentals and rising demand in the market.
Why It Matters - Healthy fundamentals and rising demand for REITs indicate potential growth in stock prices for DOC, LAMR, and CUZ, signaling favorable investment opportunities in this sector.
Fri, 23 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - REITs are gaining appeal for income investors as inflation stays low and interest rates decline. A lineup of 11 equity REITs is suggested for a strong portfolio.
Why It Matters - REITs offer income potential and growth amid falling interest rates and manageable inflation, making them appealing for diversifying and stabilizing investment portfolios.
Tue, 20 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Lamar Advertising's shares (LAMR) have increased by 12.6% year to date, driven by strong local sales and strategic acquisitions.
Why It Matters - Lamar Advertising's strong performance and strategic growth signal potential for continued share appreciation, making it an attractive option for investors seeking growth opportunities.
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