Key Points
- EVP Ross Lamar Reilly sold 5,969 shares on March 23 at an average of $128.65 for $767,911.85, cutting his holding by 27.36% to 15,850 shares, according to the SEC filing.
- Lamar raised its quarterly dividend to $1.60 (annualized $6.40), implying a 5.1% yield, though the payout ratio is 110.92%, which may raise sustainability concerns.
- The firm reported quarterly EPS of $1.50, missing the $2.18 consensus while revenue of $595.93M slightly beat estimates; management gave FY2026 EPS guidance of 5.72–5.83 and analysts maintain a "Moderate Buy" consensus with a $139.80 target.
Lamar Advertising Company (NASDAQ:LAMR - Get Free Report) EVP Ross Lamar Reilly sold 5,969 shares of the firm's stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $128.65, for a total transaction of $767,911.85. Following the transaction, the executive vice president owned 15,850 shares in the company, valued at $2,039,102.50. This represents a 27.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Lamar Advertising Trading Down 0.8%
Shares of NASDAQ:LAMR opened at $126.47 on Thursday. The stock has a market capitalization of $12.82 billion, a PE ratio of 21.92 and a beta of 1.21. Lamar Advertising Company has a 1 year low of $99.84 and a 1 year high of $139.76. The firm has a fifty day moving average price of $132.12 and a 200 day moving average price of $127.82. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10.
Lamar Advertising (NASDAQ:LAMR - Get Free Report) last posted its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The company had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Analysts expect that Lamar Advertising Company will post 7.92 EPS for the current fiscal year.
Lamar Advertising Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 5.1%. This is a positive change from Lamar Advertising's previous quarterly dividend of $1.55. Lamar Advertising's payout ratio is currently 110.92%.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. Weiss Ratings upgraded Lamar Advertising from a "hold (c+)" rating to a "buy (b)" rating in a report on Monday, February 23rd. Wells Fargo & Company lifted their price target on shares of Lamar Advertising from $121.00 to $136.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 24th. TD Cowen restated a "buy" rating on shares of Lamar Advertising in a research note on Monday, February 23rd. Morgan Stanley set a $140.00 price objective on shares of Lamar Advertising in a report on Tuesday, December 16th. Finally, UBS Group set a $150.00 target price on shares of Lamar Advertising in a research note on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $139.80.
Get Our Latest Research Report on Lamar Advertising
Institutional Investors Weigh In On Lamar Advertising
A number of institutional investors have recently bought and sold shares of the business. Tucker Asset Management LLC bought a new position in shares of Lamar Advertising during the 4th quarter worth about $25,000. Quent Capital LLC bought a new stake in Lamar Advertising in the third quarter valued at about $26,000. Alpine Bank Wealth Management bought a new stake in Lamar Advertising in the third quarter valued at about $27,000. Sound Income Strategies LLC raised its position in Lamar Advertising by 151.0% in the fourth quarter. Sound Income Strategies LLC now owns 251 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 151 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in Lamar Advertising during the third quarter worth about $33,000. Institutional investors and hedge funds own 93.78% of the company's stock.
About Lamar Advertising
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Get Free Report)
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.
Further Reading
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