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Lamar Advertising Co Stock Research

LAMR

93.63USD+2.12(+2.32%)Market Closed

Market Summary

USD93.63+2.12
Market Closed
2.32%

LAMR Alerts

LAMR Stock Price

LAMR RSI Chart

LAMR Valuation

Market Cap

10.6B

Price/Earnings (Trailing)

24.26

Price/Sales (Trailing)

5.24

EV/EBITDA

11.35

Price/Free Cashflow

17.32

LAMR Price/Sales (Trailing)

LAMR Profitability

EBT Margin

22.44%

Return on Equity

36.7%

Return on Assets

6.77%

Free Cashflow Yield

5.77%

LAMR Fundamentals

LAMR Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

4.42%

Revenue Q/Q

-11.98%

LAMR Earnings

Earnings (TTM)

422.5M

Earnings Y/Y

-17.48%

Earnings Q/Q

15.03%

Price Action

52 Week Range

81.10111.49
(Low)(High)

Last 7 days

2.8%

Last 30 days

-8.4%

Last 90 days

-11.9%

Trailing 12 Months

-3.0%

LAMR Financial Health

Current Ratio

0.5

LAMR Investor Care

Dividend Yield

5.5%

Dividend/Share (TTM)

5.15

Shares Dilution (1Y)

0.38%

Diluted EPS (TTM)

4.15

Peers (Alternatives to Lamar Advertising)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
89.1B
10.8B
-0.43% -26.17%
68.53
8.23
9.73% -50.48%
70.8B
7.5B
8.60% 10.07%
86.87
9.41
11.12% 65.88%
50.6B
4.3B
2.15% -9.25%
11.63
11.76
18.80% 113.99%
49.5B
7.0B
-3.28% -36.59%
29.54
7.05
6.37% 52.83%
MID-CAP
10.6B
2.1B
-8.43% -2.98%
24.26
5.24
9.86% -4.38%
7.4B
1.1B
-5.20% -18.16%
19.11
6.81
10.19% 46.60%
5.4B
2.0B
7.91% 2.92%
40.2
2.71
73.13% 169.27%
4.4B
814.4M
-1.62% -1.09%
480.55
5.4
63.41% 107.43%
3.0B
2.7B
10.81% -26.80%
11.57
1.11
59.31% 179.26%
2.2B
912.1M
7.75% -15.55%
24.05
2.39
79.13% 175.09%
SMALL-CAP
2.2B
421.5M
12.13% 24.54%
24.84
5.24
1.34% 437.34%
1.4B
1.1B
-2.04% -34.30%
20.5
1.31
42.99% 173.01%
1.3B
184.6M
12.03% 36.81%
13.6
6.79
2.55% 1950.56%
979.6M
745.2M
2.04% -49.37%
-25.75
1.31
2.17% -183.81%
582.5M
137.3M
-1.98% -31.40%
26.33
4.24
18.41% 53.01%

Financials for Lamar Advertising

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue1.0%2,0522,0321,9911,9411,868
  S&GA Expenses0.6%353351353352337
Costs and Expenses1.5%1,4761,4541,3731,3701,315
EBITDA4.7%933892862837-
EBITDA Margin2.5%0.46*0.45*0.44*0.45*-
Earnings Before Taxes-3.6%439456508467453
EBT Margin-12.1%0.22*0.26*0.24*0.24*-
Interest Expenses11.5%142128116108105
Net Income-3.7%423439496457442
Net Income Margin-13.3%0.22*0.25*0.24*0.24*-
Free Cahsflow0.4%615612601615-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.5%6,4426,4756,2796,2826,094
  Current Assets-7.2%338365405440408
    Cash Equivalents-36.3%34.0053.0079.0092.00116
  Net PPE0.7%1,5101,5001,3991,3771,341
  Goodwill0.0%2,0352,0352,0032,0041,936
Liabilities0.0%5,2815,2805,0045,0424,870
  Current Liabilities-9.1%660726644691572
    LT Debt, Current-6.1%235250200240175
    LT Debt, Non Current2.3%3,1353,0633,0173,0012,955
Shareholder's Equity-6.2%1,1951,2741,2401,224-
  Retained Earnings-6.4%-855-804-717-741-753
  Additional Paid-In Capital1.1%2,0842,0622,0542,0422,038
Accumulated Depreciation1.0%2,6342,6092,5132,4912,465
Shares Outstanding0.1%102101101--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations0.9%788782783762753
  Share Based Compensation27.1%29.0023.0029.0037.0035.00
Cashflow From Investing5.0%-588-619-660-705-527
Cashflow From Financing-34.6%-281-209-130-33.16-153
  Buy Backs-42.8%6.0011.0011.0011.0011.00

Risks for LAMR

What is the probability of a big loss on LAMR?

41.1%


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

12.0%


10-Year Cumulative Returns

9.7%


7-Year Cumulative Returns

9.9%


5-Year Cumulative Returns

15.5%


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
2023-06-01
MACQUARIE GROUP LTD
reduced
-0.93
118,000
2,565,000
-%
2023-06-01
PRELUDE CAPITAL MANAGEMENT, LLC
reduced
-23.83
-493,571
2,049,940
0.12%
2023-05-30
Aspire Private Capital, LLC
unchanged
-
264
4,795
-%
2023-05-26
ProShare Advisors LLC
reduced
-68.52
-1,038,220
518,529
-%
2023-05-22
PUTNAM INVESTMENTS LLC
added
21.67
57,726
258,515
-%
2023-05-22
Arete Wealth Advisors, LLC
new
-
353,000
353,000
0.03%
2023-05-22
Raleigh Capital Management Inc.
added
4.66
37,354
384,064
0.19%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-8.48
-3,704,880
114,176,000
0.04%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
545,000
0.02%
2023-05-18
JPMORGAN CHASE & CO
added
7.56
16,005,600
131,840,000
0.02%

1–10 of 46

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
Picton Mahoney Asset Management Reduces Stake in Lamar ....
MarketBeat,
6 hours ago
Plainview Daily Herald
Lamar: Q1 Earnings Snapshot.
Plainview Daily Herald,
30 days ago
The Associated Press
Lamar: Q1 Earnings Snapshot.
The Associated Press,
30 days ago
Seeking Alpha

Schedule 13G FIlings of Lamar Advertising

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
reilly family, llc
8.9%
9e+06
SC 13G/A
Feb 09, 2023
vanguard group inc
14.51%
12,664,963
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
janus henderson group plc
4.9%
4,270,301
SC 13G/A
Feb 07, 2023
blackrock inc.
9.5%
8,269,340
SC 13G/A
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

LAMR Fair Value

Show Fair-Value

Recent SEC filings of Lamar Advertising

View All Filings
Date Filed Form Type Document
May 16, 2023
8-K
Current Report
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 10, 2023
8-K
Current Report

Latest Insider Trading transactions for LAMR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-10
MUMBLOW STEPHEN P
acquired
-
-
1,048
-
2023-05-10
Thompson Elizabeth Mary
acquired
-
-
838
-
2023-05-10
Reilly Wendell
acquired
-
-
786
-
2023-05-10
Fletcher Nancy
acquired
-
-
838
-
2023-05-10
REILLY ANNA
acquired
-
-
786
-
2023-05-10
KOERNER JOHN E III
acquired
-
-
996
-
2023-05-10
REIFENHEISER THOMAS V
acquired
-
-
996
-
2023-05-10
LOEB MARSHALL A
acquired
-
-
838
-
2023-03-20
Johnson Jay LeCoryelle
sold
-573,792
95.632
-6,000
cfo, treasurer, evp
2023-02-28
Fletcher Nancy
bought
21,046
105
200
-

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

2023-03-31
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statements of Income  
Net revenues$ 471,332$ 451,388
Operating expenses (income)  
Direct advertising expenses (exclusive of depreciation and amortization)168,432157,772
General and administrative expenses (exclusive of depreciation and amortization)85,13583,084
Corporate expenses (exclusive of depreciation and amortization)28,52722,012
Depreciation and amortization73,12568,627
Gain on disposition of assets(2,688)(563)
Total operating expenses352,531330,932
Operating income118,801120,456
Other expense (income)  
Interest income(461)(215)
Interest expense41,44426,786
Equity in earnings of investee(178)(746)
Total other expense (income)40,80525,825
Income before income tax expense77,99694,631
Income tax expense1,7982,480
Net income76,19892,151
Earnings attributable to non-controlling interest1570
Net income attributable to controlling interest76,04192,151
Cash dividends declared and paid on preferred stock9191
Net income applicable to common stock$ 75,950$ 92,060
Earnings per share:  
Basic earnings per share (in dollars per share)$ 0.75$ 0.91
Diluted earnings per share (in dollars per share)0.740.91
Cash dividends declared per share of common stock (in dollars per share)$ 1.25$ 1.10
Weighted average common shares used in computing earnings per share:  
Weighted average common shares outstanding basic (in shares)101,792,317101,339,558
Weighted average common shares outstanding diluted (in shares)101,963,563101,540,213
Statements of Comprehensive Income  
Net income$ 76,041$ 92,151
Other comprehensive (loss) income  
Foreign currency translation adjustments(2)314
Comprehensive income76,19692,465
Earnings attributable to non-controlling interest(157)0
Comprehensive income attributable to controlling interest$ 76,039$ 92,465

LAMR Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 33,522$ 52,619
Receivables, net of allowance for doubtful accounts of $10,661 and $11,418 in 2023 and 2022, respectively259,443285,039
Other current assets45,47526,894
Total current assets338,440364,552
Property, plant and equipment4,144,2894,109,146
Less accumulated depreciation and amortization(2,634,370)(2,609,447)
Net property, plant and equipment1,509,9191,499,699
Operating lease right of use assets1,279,6021,271,631
Financing lease right of use assets13,32414,037
Goodwill2,035,2722,035,269
Intangible assets, net1,181,4071,206,625
Other assets83,82183,401
Total assets6,441,7856,475,214
Current liabilities:  
Trade accounts payable16,89419,643
Current maturities of long-term debt, net of deferred financing costs of $559 and $593 in 2023 and 2022, respectively234,624249,785
Current operating lease liabilities177,830205,838
Current financing lease liabilities1,3311,331
Accrued expenses82,722117,593
Deferred income146,579131,847
Total current liabilities659,980726,037
Long-term debt, net of deferred financing costs of $30,522 and $32,022 in 2023 and 2022, respectively3,134,5053,063,020
Operating lease liabilities1,030,9591,035,655
Financing lease liabilities15,61315,945
Deferred income tax liabilities8,4989,651
Asset retirement obligation391,206390,442
Other liabilities40,33739,090
Total liabilities5,281,0985,279,840
Stockholders’ equity:  
Preferred stock, value00
Additional paid-in capital2,084,1022,061,671
Accumulated comprehensive loss(661)(659)
Accumulated deficit(855,892)(804,382)
Cost of shares held in treasury, 840,504 and 783,696 shares at 2023 and 2022, respectively(67,304)(61,358)
Non-controlling interest3400
Stockholder's equity1,160,6871,195,374
Total liabilities and stockholders’ equity6,441,7856,475,214
Class A CMN Stock  
Stockholders’ equity:  
Common stock, value8888
Class B CMN Stock  
Stockholders’ equity:  
Common stock, value$ 14$ 14