Lamar Advertising (NASDAQ:LAMR) Releases Quarterly Earnings Results, Beats Estimates By $0.74 EPS

Lamar Advertising (NASDAQ:LAMR) posted its quarterly earnings results on Thursday. The real estate investment trust reported $2.21 earnings per share 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 Stock Performance

LAMR traded down $6.73 during trading on Thursday, hitting $125.28. The stock had a trading volume of 538,432 shares, compared to its average volume of 465,326. The firm has a market cap of $12.82 billion, a PE ratio of 25.06 and a beta of 1.51. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 2.48. Lamar Advertising has a 12 month low of $106.61 and a 12 month high of $139.88. The company has a 50 day simple moving average of $124.87 and a 200-day simple moving average of $127.35.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a dividend of $1.55 per share. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.40. This represents a $6.20 annualized dividend and a dividend yield of 4.95%. Lamar Advertising’s dividend payout ratio is currently 112.00%.

Wall Street Analysts Forecast Growth

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