Lamar Advertising Company LAMR

143.98 0.27 0.19% as of 25 Sep
Market cap
$14.6B
P/E
26.3×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 3.72
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — 2 — 1 — — — 1
Insider Ownership 14.87%

Capital & Financial Ratios

Market Cap 14,590.00
Revenue 2,326.23
Net Income 565.31
Free Cash Flow 739.09
Net Debt 3,457.88
Current Ratio 0.63
Debt/Equity 3.54
P/E ratio 26.27
P/S ratio 6.28
P/B ratio 14.68
Past 5Y EPS Growth (1.00%)
This Y EPS Growth 2.56%
Next Y EPS Growth 6.78%
Next 5Y EPS Growth 7.65%
in millions of $

Dividends

Payout Ratio 1.20
Annual Dividend Rate 5.00
Annual Dividend Yield 4.73%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 6.58
1.60
1.60
1.65
2025 6.28
1.55
1.55
1.55
0.25
2024 5.40
1.30
1.30
1.40
1.40
2023 5.00
1.25
1.25
1.25
1.25
2022 3.50
1.10
1.20
1.20
0.30
2021 3.50
0.75
0.75
1.00
1.00
2020 2.50
1.00
0.50
0.50
0.50
2019 3.84
0.96
0.96
0.96
0.96
2018 3.65
0.91
0.91
0.91
0.92
2017 3.32
0.83
0.83
0.83
0.83
2016 3.02
0.75
0.75
0.76
0.76
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 45 49 65 68
Receivables 301 335 341 378
Inventory — — — —
Other 27 41 54 48
373 425 460 494
2023 2024 2025 Q'26
Payables 18 22 16 17
ST’ Debt 250 250 250 250
Other — — — —
714 778 794 787
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 5.29% 7.63% 3.70%
Cash Flow 6.11% 8.68% 3.40%
Earnings 8.39% 19.28% 10.22%
Book Value 0.04% (3.15%) (5.00%)

Revenue

Mar Jun Sep Dec Year
’26 528 617 — — —
’25 505 579 586 596 2,266
’24 498 565 564 580 2,207
’23 471 541 543 556 2,111
’22 451 518 527 536 2,032
’21 371 445 477 495 1,787
’20 407 348 386 429 1,569
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 147 252 — — —
’25 128 229 236 271 864
’24 111 256 227 279 874
’23 109 198 223 254 784
’22 102 211 224 245 782
’21 83 202 203 246 734
’20 63 148 151 208 570
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 127 213 — — —
’25 215 195 188 212 810
’24 84 235 199 237 754
’23 70 149 185 209 612
’22 74 165 184 208 630
’21 69 179 175 192 615
’20 41 138 143 196 519
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.00 1.58 — — —
’25 1.35 1.52 1.40 1.50 5.77
’24 0.76 1.34 1.44 (0.01) 3.52
’23 0.74 1.28 1.37 1.46 4.85
’22 0.91 1.32 1.44 0.65 4.31
’21 0.38 1.18 1.05 1.21 3.83
’20 0.40 0.31 0.62 1.08 2.41
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
49.73 62.45 61.36 66.15 30.89 78.06 81.10 77.21 100.15 99.84

Analyst estimates 2026–2028

Powerpack
Low Price
69.35 79.17 80.68 89.72 96.82 123.92 124.32 112.34 139.88 134.63
High Price
3,300 3,400 3,600 3,600 3,300 3,350 3,500 3,550 3,500 340
Employees
0 0 0 0 0 1 1 1 1 7
Revenue/Emp
1,500 1,541 1,627 1,754 1,569 1,787 2,032 2,111 2,207 2,266
Revenue
64.97% 64.91% 65.47% 66.35% 64.45% 67.75% 67.16% 66.99% 67.02% 67.04%
Gross Margin
312 327 316 368 248 397 456 507 367 614
EBT
20.81% 21.21% 19.42% 20.98% 15.81% 22.23% 22.44% 24.00% 16.65% 27.11%
EBT Margin
299 318 305 372 243 388 439 497 363 593
Net Income
210 216 230 255 257 277 356 300 469 333
Depreciation
15.45 15.74 16.47 17.51 15.57 17.67 20.02 20.71 21.58 22.32
Revenue/Sh
3.07 3.24 3.09 3.71 2.41 3.83 4.32 4.86 3.54 5.78
Earnings/Sh
5.37 5.18 5.72 6.30 5.66 7.26 7.70 7.69 8.54 8.51
Cash Flow/Sh
(0.99) (1.05) (1.12) (1.35) (0.51) (1.18) (1.49) (1.68) (1.17) (0.53)
Capex/Sh
4.38 4.12 4.59 4.95 5.15 6.08 6.21 6.01 7.37 7.98
Free CF/Sh
11.01 11.27 11.45 11.79 11.94 12.03 11.77 11.94 10.25 10.09
Book Value/Sh
97 98 99 100 101 101 102 102 102 102
Shares
22.14 22.48 22.39 24.12 34.53 31.67 21.25 21.92 34.39 21.94
PE Ratio
4.40 4.63 4.20 5.10 5.34 6.86 4.59 5.14 5.64 5.67
PS Ratio
6.17 6.46 6.04 7.57 6.97 10.08 7.80 8.92 11.88 12.54
PB Ratio
5.94 6.21 5.96 6.78 7.12 8.50 6.20 6.71 7.08 7.16
EV/Sales
20.94 23.71 21.38 24.01 21.54 24.72 19.99 23.14 20.72 20.02
EV/FCF
522 507 565 631 570 734 782 784 874 864
Op' Cash Flow
(96) (103) (111) (136) (51) (120) (151) (171) (120) (54)
Capex
426 404 454 495 519 615 630 612 754 810
FCF
37 95 (91) (363) (167) (274) (361) (341) (353) (334)
Working Cap'
2,349 2,557 2,889 2,980 2,905 3,031 3,329 3,356 3,224 3,431
Total Debt
2,314 2,441 2,867 2,954 2,784 2,931 3,276 3,311 3,175 3,366
Net Debt
1,070 1,103 1,132 1,180 1,203 1,217 1,195 1,217 1,048 1,025
Sh' Equity
8.22% 7.82% 6.96% 7.09% 4.14% 6.55% 7.00% 7.60% 5.50% 8.68%
ROA
8.11% 8.03% 7.20% 7.83% 6.43% 7.85% 8.08% 9.32% 7.87% 11.02%
ROIC
28.55% 29.20% 27.28% 32.16% 20.40% 32.05% 36.33% 41.08% 31.92% 56.62%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Lamar Advertising Company peers in Reit Specialty

All 18 Reit Specialty stocks →

Lamar Advertising Company (LAMR) key facts

  • Lamar Advertising Company (LAMR) is a Reit Specialty company in the Real Estate sector, listed on Nasdaq.
  • Lamar Advertising Company’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 2.68% from fiscal 2024.
  • Net income was $593.1 million, or $5.78 per share (basic), a net margin of 25.9%.
  • As of September 25, 2026, LAMR traded at $143.98, a market capitalization of $14.6 billion.
  • At that price the stock trades at 26.3× trailing-twelve-month earnings and 6.3× sales.
  • Lamar Advertising Company pays an annual dividend of $5.00 per share, a yield of 4.73%, with a payout ratio of 119.5%.
  • Return on equity was 56.6% and debt-to-equity 3.54.

Source: company filings (standardised) and stockrow calculations.

Lamar Advertising Company (LAMR) Latest News

News by impact score

Fine-tune

7 Sep

4

Lamar Advertising grew revenue and raised full year guidance. Revenue growth paired with raised guidance signals stronger financial results and improved outlook likely to lift stock performance.

14 Aug

3

Lamar Advertising acquires AdSource Outdoor assets through UPREIT transaction. Asset purchase expands core outdoor portfolio with moderate growth implications.

13 Aug

4

Lamar Advertising raised its AFFO outlook, citing strong digital advertising momentum as a key growth driver. Higher AFFO guidance and digital momentum signal material upside to LAMR earnings trajectory and investor sentiment.

3 transcript

Lamar Advertising (LAMR) held its Q2 2026 earnings call, with executives reviewing financial results, operational metrics and forward outlook. Quarterly earnings calls supply performance data and guidance that typically move near-term investor sentiment and valuation.

3

Lamar Advertising acquires AdSource Outdoor assets in UPREIT transaction. Acquisition expands Lamar Advertising asset base and market reach.

7 Aug

3

Lamar Advertising's Q2 FFO beat estimates on revenue growth and the company raised its 2026 guidance. Quarterly FFO beat and guidance raise point to improved near-term results but do not signal major strategic shifts.

3

Lamar Advertising raised full-year guidance after strong Q2 results and increased its dividend, prompting analysis of potential investor responses to the updates. Guidance hike after strong Q2 and dividend increase signal better financial performance likely to lift near-term investor sentiment.

6 Aug

3

Lamar Advertising beat earnings expectations and raised guidance, which has prompted questions over whether the stock is now fully valued. Earnings beat combined with higher guidance is expected to produce moderately noticeable effects on near-term financial perception and stock movement.

3 transcript

Lamar Advertising Q2 results showed revenue of $562.1 million, up 5.3% year-over-year, with digital billboard revenue rising 11%. AFFO per share reached $1.68. Management raised full-year guidance and noted continued strength in local advertising demand. Q2 earnings and raised guidance offer moderate updates to financial outlook but do not signal major strategic or market shifts.

3

Lamar Advertising Company released operating results for the second quarter ended June 30, 2026. Quarterly results disclosure informs financial performance outlook and may shift market sentiment.

28 Jul

3

Alexandria is scheduled to report Q2 earnings, with analysis focusing on potential stock implications for Lamar Advertising Company (LAMR). Q2 earnings release and related expectations may moderately influence short-term LAMR stock sentiment without major strategic shifts.

11 May

3

Lamar Advertising Company (LAMR) stock surged 20.3% over the past three months, driven by robust billboard demand and operational improvements, though analysts question if the rally will persist amid economic uncertainties and competition. LAMR's 20.3% stock gain signals moderate positive momentum from core operations but faces sustainability risks from market headwinds.

8 May

4

Lamar Advertising Company (LAMR) Q1 FFO beat estimates due to strong national demand, driving stock price higher. Q1 FFO exceeding estimates on robust national demand indicates strong revenue momentum, significantly enhancing LAMR's financial outlook and investor sentiment.

4

Lamar Advertising released Q1 earnings call highlights, detailing financial results, revenue growth, operational updates, and forward guidance for the outdoor advertising company. Q1 earnings highlights reveal financial performance and guidance that significantly influence stock price and investor outlook.

7 May

4

Lamar Advertising Company released Q1 2026 earnings call summary detailing quarterly financial results, operational updates, and forward guidance. Q1 earnings call summary discloses financial performance and outlook, significantly influencing stock price and investor expectations.

4

Lamar Advertising Company (LAMR) beat first-quarter expectations fueled by strong customer demand. Beating Q1 expectations due to strong demand signals positive financial momentum and boosts investor sentiment.

4

Lamar Advertising (LAMR) reported Q1 FFO and revenues surpassing analyst estimates. Q1 FFO and revenue beats signal strong financial health, significantly enhancing investor sentiment and near-term market performance.

3

Lamar Advertising Company announced first quarter operating results ended March 31, 2026. Quarterly operating results affect financial performance and market sentiment for Lamar Advertising.

30 Apr

4

Lamar Advertising (LAMR) narrative evolves after analysts set US$150 price target and company releases new guidance. US$150 price target and new guidance represent major shifts in analyst views and company outlook, significantly impacting investor sentiment and stock trajectory.

9 Mar

4

Lamar Advertising (LAMR) reported Q4 net income of $154.7 million as revenue rose to $595.9 million. Strong Q4 net income and revenue growth indicate robust financial performance likely to boost investor confidence and stock trajectory.

26 Feb

3

Lamar Advertising Company announced a quarterly cash dividend of $1.30 per share on its common stock, payable on June 28, 2024, to shareholders of record on June 13, 2024, and extended its common stock repurchase program by $500 million to $1.275 billion total authorization and its debt repurchase program by $250 million to $500 million total. Dividend payment and repurchase program extensions signal strong cash flow confidence and support shareholder value, likely influencing short-to-medium term market sentiment.

25 Feb

4

Lamar Advertising Company's investment story is shifting with new targets and 2026 expectations. New targets and 2026 expectations indicate major shifts in LAMR's strategic outlook and investor sentiment.

23 Feb

4

Lamar Advertising Company reported Q4 AFFO beating estimates, alongside year-over-year revenue increases. Q4 AFFO beat and revenue growth demonstrate strong financial performance, likely boosting investor sentiment and stock trajectory.

20 Feb

4

Lamar Advertising (LAMR) posted record margins in Q4 2025 earnings call, driven by strong revenue growth, operational efficiencies, and strategic investments in digital out-of-home advertising. Record margins and strategic initiatives position LAMR for sustained revenue growth and enhanced market competitiveness.

4 transcript

Lamar Advertising Company (LAMR) Q4 2025 earnings call transcript released, detailing financial results, performance highlights, and forward guidance. Q4 earnings transcript reveals financial performance and outlook, significantly impacting LAMR's valuation and market trajectory.

4

Lamar Advertising Company released Q4 2025 earnings call summary highlighting revenue growth, adjusted funds from operations, dividend increases, and optimistic 2026 outlook amid strong demand in digital and transit segments. Q4 earnings summary reveals strong financial results, raised guidance, and strategic expansions that significantly boost LAMR's growth trajectory and investor confidence.

4

Lamar Advertising Company (LAMR) released highlights from its Q4 earnings call, detailing financial results, revenue growth, and future outlook. Q4 earnings call highlights disclose financial performance and guidance, significantly influencing investor sentiment and stock trajectory.

4

Lamar Advertising beat Q4 FFO estimates with strong results in its outdoor advertising business. Beating Q4 FFO estimates signals robust financial performance likely to drive positive stock momentum and investor sentiment.

4

Lamar Advertising Company (LAMR) released its Q4 earnings snapshot. Q4 earnings snapshots reveal key financial metrics that significantly impact LAMR's stock performance and investor outlook.

3

Lamar Advertising misses Q4 earnings estimates but highlights robust sales momentum and issues positive 2026 outlook. Q4 earnings miss creates moderate financial pressure balanced by sales growth and optimistic long-term outlook.

stockrow.com/LAMR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com