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Lamar Advertising Co Stock Research

LAMR

104.60USD+0.39(+0.37%)Market Closed

Market Summary

USD104.60+0.39
Market Closed
0.37%

LAMR Stock Price

LAMR RSI Chart

LAMR Valuation

Market Cap

10.6B

Price/Earnings (Trailing)

21.43

Price/Sales (Trailing)

4.89

EV/EBITDA

11.83

Price/Free Cashflow

17.36

LAMR Price/Sales (Trailing)

LAMR Profitability

EBT Margin

24.09%

Return on Equity

38.91%

Return on Assets

7.9%

Free Cashflow Yield

5.76%

LAMR Fundamentals

LAMR Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

10.59%

Revenue Q/Q

1.84%

LAMR Earnings

Earnings (TTM)

495.9M

Earnings Y/Y

36.83%

Earnings Q/Q

8.93%

Price Action

52 Week Range

81.10118.05
(Low)(High)

Last 7 days

4.5%

Last 30 days

11.9%

Last 90 days

11.9%

Trailing 12 Months

2.3%

LAMR Financial Health

Current Ratio

0.63

LAMR Investor Care

Dividend Yield

4.78%

Dividend/Share (TTM)

5

Shares Dilution (1Y)

0.38%

Diluted EPS (TTM)

4.89

Peers (Alternatives to Lamar Advertising)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
102.8B
10.5B
5.09% -4.87%
35.41
9.84
15.69% 17.04%
67.6B
7.1B
11.90% 8.89%
96.67
9.52
9.32% 63.41%
63.2B
6.9B
8.31% -13.37%
39.19
9.2
11.28% 29.02%
52.5B
4.0B
7.67% -8.93%
11.52
13.06
24.01% 170.44%
10.6B
1.9B
11.87% 2.34%
21.43
4.89
15.68% 32.80%
MID-CAP
9.0B
1.0B
11.82% -6.19%
23.51
8.63
14.39% 59.45%
5.0B
1.6B
14.69% 10.75%
74.2
3.1
134.51% 124.01%
4.7B
760.3M
4.25% 8.52%
-42.67
6.22
172.75% -1146.68%
3.2B
2.3B
28.38% -15.32%
49.16
1.42
123.34% 110.86%
2.3B
841.8M
14.68% 3.33%
10.86
2.73
125.91% 246.24%
2.0B
-
9.49% 23.30%
23.66
4.36
4.67% 1705.32%
SMALL-CAP
1.7B
938.0M
16.30% -9.00%
-742.16
1.8
92.12% 97.64%
1.4B
740.6M
12.63% -22.19%
528.1
1.92
2.16% 107.41%
1.1B
195.1M
8.56% 15.83%
3.83
5.82
20.60% 1640.65%
716.8M
131.3M
18.14% -32.84%
30.33
5.46
18.82% 53.01%

Financials for Lamar Advertising

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2021Q42021Q32021Q22021Q12020Q4
Revenue3.8%1,7871,7211,6311,5331,569
  S&GA Expenses6.9%327306---
Costs and Expenses4.7%1,2661,209---
EBITDA1.7%775762---
EBITDA Margin-2.1%0.43*0.44*0.43*--
Earnings Before Taxes4.1%397382---
EBT Margin0.3%0.22*0.22*0.21*--
Interest Expenses-4.3%106111---
Net Income3.9%388373---
Net Income Margin0.1%0.22*0.22*0.20*--
Free Cahsflow0.1%608607---
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.1%6,2796,2826,0946,0475,819
  Current Assets-8.0%405440408389370
    Cash Equivalents-13.4%799211610088
  Net PPE1.6%1,3991,3771,3411,3371,291
  Goodwill-0.1%2,0032,0041,9361,9361,927
Liabilities-0.7%5,0045,0424,8704,8304,577
  Current Liabilities-6.9%644691572663607
    LT Debt, Current-16.7%200240175175175
    LT Debt, Non Current0.5%3,0173,0012,9552,8392,663
Shareholder's Equity2.8%1,2741,2401,2241,2171,242
  Retained Earnings3.2%-717.65-741.65-753.96-734.41-705.74
  Additional Paid-In Capital0.6%2,0542,0422,0382,0011,997
Accumulated Depreciation0.9%2,5132,4912,4652,4452,429
Shares Outstanding0.1%102101101101-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations2.8%783762753734697
  Share Based Compensation-21.5%2937353730
Cashflow From Investing6.3%-660.99-705.47-527.28-461.76-232.44
Cashflow From Financing-292.7%-130.22-33.16-153.14-294.52-445.79
  Buy Backs-0.1%11111166

Risks for LAMR

What is the probability of a big loss on LAMR?

34.2%


Probability that Lamar Advertising stock will be more than 20% underwater in next one year

25%


Probability that Lamar Advertising stock will be more than 30% underwater in next one year.

19.6%


Probability that Lamar Advertising stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LAMR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lamar Advertising was unfortunately bought at previous high price.

Drawdowns

Returns for LAMR

Cumulative Returns on LAMR

13.8%


10-Year Cumulative Returns

14.0%


7-Year Cumulative Returns

12.1%


5-Year Cumulative Returns

6.8%


3-Year Cumulative Returns

What are the long-term rolling returns for LAMR?

FIve years rolling returns for Lamar Advertising.

Annualized Returns

Which funds bought or sold LAMR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
Inspire Investing, LLC
added
68.29
681,832
1,418,830
0.18%
2023-01-26
CENTRAL TRUST Co
unchanged
-
7,853
64,853
-%
2023-01-26
DUPONT CAPITAL MANAGEMENT CORP
reduced
-50.36
-437,688
576,312
0.03%
2023-01-26
State of Tennessee, Treasury Department
added
21.49
893,000
7,311,000
0.04%
2023-01-26
Catalyst Wealth Management, LLC
new
-
245,723
245,723
0.23%
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
added
1.21
330,797
2,425,800
0.03%
2023-01-26
STRS OHIO
added
58.99
4,968,000
11,031,000
0.05%
2023-01-26
COMERICA BANK
reduced
-6.23
611,000
7,446,000
0.06%
2023-01-26
Harel Insurance Investments & Financial Services Ltd.
reduced
-36.36
-5,000
13,000
-%
2023-01-26
Regent Investment Management LLC
reduced
-9.8
13,000
434,000
0.12%

1–10 of 50

Latest Funds Activity

Are funds buying LAMR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own LAMR
No. of Funds

Lamar Advertising News

MarketBeat

Yousif Capital Management LLC Cuts Stock Position in Lamar ....

MarketBeat,
15 hours ago

GuruFocus.com

Hamlin Capital Management, LLC.

GuruFocus.com,
8 days ago

Investor's Business Daily

Schedule 13G FIlings of Lamar Advertising

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2022
fmr llc
-
0
SC 13G
Feb 03, 2022
blackrock inc.
9.1%
7,858,477
SC 13G/A
Feb 16, 2021
reilly family, llc
8.9%
9e+06
SC 13G/A
Feb 11, 2021
janus henderson group plc
8.3%
7,168,578
SC 13G/A
Feb 10, 2021
vanguard group inc
13.83%
11,951,751
SC 13G/A
Jan 29, 2021
blackrock inc.
9.0%
7,751,999
SC 13G/A
Feb 13, 2020
janus henderson group plc
9.0%
7,762,836
SC 13G/A
Feb 13, 2020
reilly family, llc
9.0%
9e+06
SC 13G/A
Feb 11, 2020
vanguard group inc
14.75%
12,694,569
SC 13G/A
Jan 10, 2020
blackrock inc.
10.4%
8,925,903
SC 13G/A

LAMR Fair Value

Recent SEC filings of Lamar Advertising

View All Filings
Date Filed Form Type Document
Dec 08, 2022
8-K
Current Report
Nov 29, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 04, 2022
8-K
Current Report
Nov 04, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for LAMR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
REIFENHEISER THOMAS V
sold
-216,938
98.608
-2,200
-
2022-11-25
Reilly Wendell
acquired
168,840
42.21
4,000
-
2022-11-25
Reilly Wendell
sold
-400,000
100
-4,000
-
2022-11-16
REIFENHEISER THOMAS V
sold
-613,886
95.5019
-6,428
-
2022-11-16
REIFENHEISER THOMAS V
acquired
422,100
42.21
10,000
-
2022-11-15
KOERNER JOHN E III
acquired
422,100
42.21
10,000
-
2022-11-15
KOERNER JOHN E III
sold
-563,734
95.8569
-5,881
-
2022-08-23
REILLY KEVIN P JR
acquired
4,221,000
42.21
100,000
executive chairman
2022-08-15
Johnson Jay LeCoryelle
sold
-425,410
106.353
-4,000
cfo, treasurer, evp
2022-06-23
REILLY ANNA
acquired
422,100
42.21
10,000
-

1–10 of 50

Sean E. Reilly
3350
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 3,800 displays.

LAMR Income Statement

2022-09-30
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statements of Income    
Net revenues$ 527,390$ 476,894$ 1,496,630$ 1,292,827
Operating expenses (income)    
Direct advertising expenses (exclusive of depreciation and amortization)168,968147,310493,463418,973
General and administrative expenses (exclusive of depreciation and amortization)87,18185,946260,923234,429
Corporate expenses (exclusive of depreciation and amortization)24,47426,02874,07764,431
Depreciation and amortization65,83384,300202,210205,671
Gain on disposition of assets(53)(26)(1,990)(1,922)
Total operating expenses346,403343,5581,028,683921,582
Operating income180,987133,336467,947371,245
Other expense (income)    
Loss on extinguishment of debt00021,604
Interest income(248)(198)(742)(554)
Interest expense33,54526,12589,82480,638
Equity in earnings of investee(1,554)(1,141)(2,655)(1,141)
Total other expense (income)31,74324,78686,427100,547
Income before income tax expense149,244108,550381,520270,698
Income tax expense3,0561,7128,9765,922
Net income146,188106,838372,544264,776
Cash dividends declared and paid on preferred stock9191273273
Net income applicable to common stock$ 146,097$ 106,747$ 372,271$ 264,503
Earnings per share:    
Basic earnings per share (in dollars per share)$ 1.44$ 1.05$ 3.67$ 2.62
Diluted earnings per share (in dollars per share)1.441.053.662.61
Cash dividends declared per share of common stock (in dollars per share)$ 1.20$ 1.00$ 3.50$ 2.50
Weighted average common shares used in computing earnings per share:    
Weighted average common shares outstanding basic (in shares)101,580,997101,195,158101,469,918101,097,124
Weighted average common shares outstanding diluted (in shares)101,685,965101,401,754101,599,157101,298,444
Statements of Comprehensive Income    
Net income$ 146,188$ 106,838$ 372,544$ 264,776
Other comprehensive loss    
Foreign currency translation adjustments(1,401)(588)(1,770)(84)
Comprehensive income$ 144,787$ 106,250$ 370,774$ 264,692

LAMR Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 79,355$ 99,788
Receivables, net of allowance for doubtful accounts294,840269,917
Other current assets30,82618,902
Total current assets405,021388,607
Property, plant and equipment3,912,0203,782,288
Less accumulated depreciation and amortization(2,512,786)(2,445,014)
Net property, plant and equipment1,399,2341,337,274
Operating lease right of use assets1,236,2011,224,672
Financing lease right of use assets14,75116,890
Goodwill2,002,7471,936,426
Intangible assets, net1,128,3581,045,177
Other assets92,20798,448
Total assets6,278,5196,047,494
Current liabilities:  
Trade accounts payable16,52316,429
Current maturities of long-term debt, net of deferred financing costs199,722174,778
Current operating lease liabilities180,107198,286
Current financing lease liabilities1,3311,331
Accrued expenses105,374135,038
Deferred income140,772137,103
Total current liabilities643,829662,965
Long-term debt3,016,5632,838,817
Operating lease liabilities1,007,988995,356
Financing lease liabilities16,27817,277
Deferred income tax liabilities8,2986,416
Asset retirement obligation278,092269,367
Other liabilities33,18640,207
Total liabilities5,004,2344,830,405
Stockholders’ equity:  
Additional paid-in capital2,054,1102,001,399
Accumulated comprehensive (loss) income(915)855
Accumulated deficit(717,654)(734,415)
Treasury stock at cost(61,358)(50,852)
Stockholder's equity1,274,2851,217,089
Total liabilities and stockholders’ equity6,278,5196,047,494
Series AA PREF Stock  
Stockholders’ equity:  
Preferred stock, value00
Class A CMN Stock  
Stockholders’ equity:  
Common stock, value8888
Class B CMN Stock  
Stockholders’ equity:  
Common stock, value$ 14$ 14