Lamar Advertising (NASDAQ:LAMR) Releases Earnings Results

Lamar Advertising (NASDAQ:LAMR) announced its quarterly earnings data on Thursday. The real estate investment trust reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.74, Zacks reports. Lamar Advertising had a net margin of 23.46% and a return on equity of 42.58%. Lamar Advertising updated its FY 2025 guidance to 6.010-6.070 EPS.

Lamar Advertising Price Performance

Shares of LAMR traded down $7.44 during mid-day trading on Thursday, hitting $124.57. 582,784 shares of the stock were exchanged, compared to its average volume of 466,707. The firm has a 50-day moving average of $124.87 and a two-hundred day moving average of $127.35. Lamar Advertising has a 52-week low of $106.61 and a 52-week high of $139.88. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.56 and a current ratio of 0.56. The company has a market cap of $12.75 billion, a PE ratio of 24.91 and a beta of 1.51.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $1.55 dividend. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.40. This represents a $6.20 dividend on an annualized basis and a yield of 4.98%. Lamar Advertising’s payout ratio is presently 112.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LAMR. Morgan Stanley increased their price target on Lamar Advertising from $125.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Monday, November 11th. Wells Fargo & Company decreased their target price on Lamar Advertising from $132.00 to $124.00 and set an “equal weight” rating on the stock in a research note on Monday, November 11th. StockNews.com downgraded Lamar Advertising from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, TD Cowen lifted their price objective on shares of Lamar Advertising from $142.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, Lamar Advertising has a consensus rating of “Hold” and a consensus price target of $132.40.

Lamar Advertising Company Profile

Lamar Advertising Company operates as an outdoor advertising company in the United States and Canada. The company owns and operates billboards, logo signs, and transit advertising displays, as well as rents space for advertising on billboards, buses, shelters, benches, logo plates, and in airport terminals.