LAMR - Lamar Advertising Co Stock Price, Fair Value and News

110.65USD-0.63 (-0.57%)Market Closed

Market Summary

USD110.65-0.63

Market Closed

-0.57%

LAMR Stock Price

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LAMR RSI Chart

LAMR Valuation

Market Cap

11.3B

Price/Earnings (Trailing)

22.74

Price/Sales (Trailing)

5.34

EV/EBITDA

14.7

Price/Free Cashflow

18.63

LAMR Price/Sales (Trailing)

LAMR Profitability

EBT Margin

24.00%

Return on Equity

40.76%

Return on Assets

7.56%

Free Cashflow Yield

5.37%

LAMR Fundamentals

LAMR Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

4.5%

Rev. Growth (Qtr)

14.81%

LAMR Earnings

Earnings (TTM)

496.0M

Earnings Growth (Yr)

125.21%

Earnings Growth (Qtr)

6.32%

Breaking Down LAMR Revenue

Last 7 days

-1.5%

Last 30 days

-4.8%

Last 90 days

6.9%

Trailing 12 Months

5.8%

How does LAMR drawdown profile look like?

LAMR Financial Health

Current Ratio

0.52

Debt/Equity

2.54

Debt/Cashflow

0.25

LAMR Investor Care

Dividend Yield

4.52%

Dividend/Share (TTM)

Shares Dilution (1Y)

0.39%

Diluted EPS (TTM)

4.85

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.1B	2.1B	0	2.1B
2022	1.9B	1.9B	2.0B	2.0B
2021	1.5B	1.6B	1.7B	1.8B
2020	1.8B	1.7B	1.6B	1.6B
2019	1.7B	1.7B	1.7B	1.8B
2018	1.6B	1.6B	1.6B	1.6B
2017	1.5B	1.5B	1.5B	1.5B
2016	1.4B	1.4B	1.5B	1.5B
2015	1.3B	1.3B	1.3B	1.4B
2014	1.3B	1.3B	1.3B	1.3B
2013	1.2B	1.2B	1.2B	1.2B
2012	1.1B	1.2B	1.2B	1.2B
2011	1.1B	1.1B	1.1B	1.1B
2010	1.1B	1.1B	1.1B	1.1B
2009	0	1.2B	1.1B	1.1B
2008	0	0	0	1.2B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Lamar Advertising Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	johnson jay lecoryelle	sold	-594,862	118	-5,000	cfo, treasurer, evp
Sep 05, 2023	johnson jay lecoryelle	sold	-447,496	89.4993	-5,000	cfo, treasurer, evp
Sep 01, 2023	fletcher nancy	bought	9,194	91.94	100	-
May 10, 2023	mumblow stephen p	acquired	-	-	1,048	-
May 10, 2023	reilly wendell	acquired	-	-	786	-
May 10, 2023	thompson elizabeth mary	acquired	-	-	838	-
May 10, 2023	fletcher nancy	acquired	-	-	838	-
May 10, 2023	koerner john e iii	acquired	-	-	996	-
May 10, 2023	reilly anna	acquired	-	-	786	-
May 10, 2023	loeb marshall a	acquired	-	-	838	-

Which funds bought or sold LAMR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-	-	-%
Apr 16, 2024	Chesley Taft & Associates LLC	added	0.84	108,863	927,219	0.05%
Apr 16, 2024	Stratos Wealth Partners, LTD.	added	9.75	64,628	341,622	0.01%
Apr 16, 2024	Cypress Wealth Services, LLC	reduced	-12.73	-11,586	584,751	0.14%
Apr 16, 2024	NovaPoint Capital, LLC	new	-	402,216	402,216	0.14%
Apr 16, 2024	Arlington Trust Co LLC	unchanged	-	6,985	63,526	0.02%
Apr 16, 2024	Powell Investment Advisors, LLC	reduced	-0.52	55,838	529,942	0.28%
Apr 16, 2024	Alliance Wealth Advisors, LLC	reduced	-1.3	44,567	453,639	0.29%
Apr 15, 2024	Sound Income Strategies, LLC	added	85.8	19,534	37,495	-%
Apr 15, 2024	Procyon Advisors, LLC	added	1.45	55,377	451,143	0.04%

Are Funds Buying or Selling LAMR?

Are funds buying LAMR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LAMR

No. of Funds

Unveiling Lamar Advertising Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	10.3%	9,025,710	SC 13G/A
Feb 14, 2024	reilly family, llc	8.8%	9e+06	SC 13G/A
Feb 13, 2024	vanguard group inc	14.43%	12,640,281	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.6%	8,443,897	SC 13G/A
Feb 14, 2023	reilly family, llc	8.9%	9e+06	SC 13G/A
Feb 09, 2023	janus henderson group plc	4.9%	4,270,301	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	14.51%	12,664,963	SC 13G/A
Feb 07, 2023	blackrock inc.	9.5%	8,269,340	SC 13G/A

Recent SEC filings of Lamar Advertising Co

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Apr 05, 2024	SC 13G/A	Major Ownership Report
Mar 18, 2024	8-K	Current Report
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 07, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Lamar Advertising Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.2B	11.1B	-12.19%	-17.37%	58.68	7.2	4.04%	-19.43%
CCI	40.3B	7.0B	-10.96%	-29.83%	26.87	5.78	-0.07%	-10.36%
AVB	25.7B	2.8B	-0.85%	4.43%	27.68	9.29	6.73%	-18.30%
ARE	20.0B	2.9B	-5.68%	-5.65%	193.13	6.94	11.46%	-80.13%
AMH	12.5B	1.6B	-3.32%	4.08%	29.04	7.81	7.80%	39.39%
REG	10.6B	1.3B	-3.54%	-5.60%	29	7.99	8.04%	-24.50%
BXP	9.1B	3.3B	-7.75%	10.09%	47.83	2.78	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-2.74%	-0.94%	33.99	7.11	5.38%	-38.52%
MAC	3.3B	884.1M	-6.39%	56.30%	-12.11	3.75	2.90%	-314.82%
SLG	3.2B	899.4M	-2.68%	111.31%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.2B	441.2M	-3.08%	15.27%	19.26	2.82	4.38%	15.77%
AIV	1.1B	198.2M	4.45%	-4.79%	-7.13	5.71	-43.33%	-270.70%
MFA	1.0B	605.6M	-9.21%	2.71%	13.05	1.73	25.53%	134.62%
NYMT	622.2M	258.7M	-4.75%	-31.04%	-12.79	2.41	0.11%	83.70%
IVR	394.5M	277.9M	-10.75%	-21.50%	-24.87	1.42	44.33%	96.06%

Lamar Advertising Co News

Latest updates

Lamar Advertising Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	-100.0%	-	541	471	536	527	518	451	495	477	445	371	429	386	348	407	463	458	449	384	428	418
Costs and Expenses	0.0%	364	364	353	425	346	351	331	345	344	296	282	287	280	281	310	321	316	305	294	297	290
S&GA Expenses	-3.0%	88.00	91.00	85.00	90.00	87.00	91.00	83.00	93.00	86.00	76.00	73.00	72.00	67.00	67.00	82.00	80.00	81.00	78.00	79.00	76.00	73.00
EBITDA Margin	-3.6%	0.46*	0.48*	0.47*	0.47*	0.45*	0.44*	0.45*	0.43*	0.44*	0.43*	0.41*	0.41*	0.40*	0.41*	0.43*	0.44*	0.44*	0.44*	0.43*	0.41*	0.41*
Interest Expenses	1.6%	44.00	44.00	41.00	38.00	34.00	29.00	27.00	26.00	26.00	26.00	28.00	31.00	35.00	35.00	37.00	36.00	38.00	38.00	38.00	32.00	32.00
Income Taxes	-69.8%	1.00	3.00	2.00	8.00	3.00	3.00	2.00	3.00	2.00	3.00	1.00	2.00	1.00	-0.24	2.00	2.00	4.00	-12.38	2.00	3.00	3.00
Earnings Before Taxes	12.1%	150	134	78.00	75.00	149	138	95.00	127	109	123	39.00	111	64.00	31.00	42.00	105	103	106	53.00	98.00	97.00
EBT Margin	9.6%	0.24*	0.22*	0.22*	0.23*	0.26*	0.24*	0.24*	0.22*	0.22*	0.21*	0.16*	0.16*	0.15*	0.17*	0.20*	0.21*	0.21*	0.21*	0.21*	0.19*	0.19*
Net Income	13.7%	149	131	76.00	66.00	146	134	92.00	123	107	120	38.00	109	63.00	31.00	40.00	103	100	118	51.00	96.00	94.00
Net Income Margin	11.6%	0.23*	0.21*	0.21*	0.22*	0.25*	0.24*	0.24*	0.22*	0.22*	0.20*	0.16*	0.16*	0.15*	0.16*	0.20*	0.21*	0.21*	0.21*	0.21*	0.19*	0.19*
Free Cashflow	41.1%	208	147	66.00	194	183	164	73.00	192	173	177	67.00	191	142	137	37.00	180	134	142	35.00	159	125

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.1%	6,564	6,572	6,521	6,442	6,475	6,279	6,282	6,094	6,047	5,819	5,715	5,650	5,791	5,778	5,982	6,393	5,941	5,932	5,799	5,795	4,545
Current Assets	-1.3%	373	378	405	338	365	405	440	408	389	370	348	287	381	320	444	785	310	317	302	288	364
Cash Equivalents	13.2%	45.00	39.00	48.00	34.00	53.00	79.00	92.00	116	100	88.00	69.00	43.00	122	69.00	177	497	26.00	23.00	17.00	33.00	21.00
Net PPE	1.4%	1,566	1,545	1,532	1,510	1,500	1,399	1,377	1,341	1,337	1,291	1,265	1,269	1,282	1,294	1,320	1,344	1,349	1,341	1,316	1,310	1,295
Goodwill	0.0%	2,035	2,035	2,035	2,035	2,035	2,003	2,004	1,936	1,936	1,927	1,912	1,912	1,912	1,912	1,912	1,912	1,912	1,903	1,883	1,876	1,919
Liabilities	-0.7%	5,347	5,385	5,351	5,281	5,280	5,004	5,042	4,870	4,830	4,577	4,484	4,469	4,589	4,639	4,858	5,255	4,761	4,764	4,660	4,685	3,413
Current Liabilities	3.4%	714	690	698	660	726	644	691	572	663	607	545	516	548	512	394	539	673	620	604	551	455
Long Term Debt	-2.0%	3,091	3,155	3,154	3,135	3,063	3,017	3,001	2,955	2,839	2,663	2,661	2,685	2,764	2,833	3,147	3,382	2,754	2,836	2,763	2,827	2,685
LT Debt, Current	1.2%	250	247	235	235	250	200	240	175	175	175	122	155	122	131	9.00	170	227	218	210	200	204
LT Debt, Non Current	-2.0%	3,091	3,155	3,154	3,135	3,063	3,017	3,001	2,955	2,839	2,663	2,661	2,685	2,764	2,833	3,147	3,382	2,754	2,836	2,763	2,827	2,685
Shareholder's Equity	2.5%	1,217	1,187	1,170	1,161	1,195	1,274	1,240	1,224	1,217	1,242	1,232	1,182	1,203	1,139	1,123	1,138	1,180	1,168	1,139	1,110	1,132
Retained Earnings	2.5%	-819	-840	-852	-855	-804	-717	-741	-753	-734	-705	-711	-754	-717	-775	-787	-768	-708	-714	-717	-740	-695
Additional Paid-In Capital	0.4%	2,103	2,095	2,090	2,084	2,062	2,054	2,042	2,038	2,001	1,997	1,992	1,986	1,964	1,959	1,956	1,952	1,922	1,916	1,891	1,883	1,852
Accumulated Depreciation	0.6%	2,708	2,691	2,663	2,634	2,609	2,513	2,491	2,465	2,445	2,429	2,377	2,353	2,334	2,339	2,346	2,334	2,311	2,302	2,280	2,253	2,231
Shares Outstanding	0.0%	102	102	102	102	102	101	101	101	101	101	101	101	101	101	101	101	100	100	100	100	99.00
Minority Interest	508.8%	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	8,541	-	-	-	7,547	-	-	-	8,936	-	-	-	5,693	-	-	-	6,880	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	14.2%	254,193	222,547	198,161	108,712	244,507	224,475	210,592	102,038	246,183	202,977	201,939	83,318	208,416	150,780	147,745	62,932	222,895	170,921	176,323	60,726	194,757
Share Based Compensation	60.5%	6,287	3,916	4,406	8,040	8,805	5,108	7,443	1,780	14,828	13,076	5,789	3,675	7,726	4,884	2,725	3,437	11,569	10,572	5,273	2,233	6,698
Cashflow From Investing	44.6%	-64,194	-115,916	-77,345	-52,664	-216,607	-94,086	-225,036	-83,342	-258,522	-138,568	-46,847	-17,823	-29,207	-10,004	-22,089	-35,588	-52,215	-172,674	-46,070	-91,075	-463,822
Cashflow From Financing	-60.8%	-184,899	-114,956	-106,625	-75,155	-54,477	-142,559	-9,570	-2,713	24,620	-45,496	-129,555	-144,088	-126,653	-249,361	-445,542	443,639	-167,855	7,845	-145,930	41,583	280,380
Buy Backs	-100.0%	-	43.00	-1.00	5,947	-	60.00	-	10,446	279	70.00	-	5,717	368	-	56.00	10,068	200	-	-	8,682	-

LAMR Income Statement

2023-12-31

Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statements of Income
Net Revenues	$ 2,110,987	$ 2,032,140	$ 1,787,401
Operating expenses (income):
Direct advertising expenses (exclusive of depreciation and amortization)	696,799	667,288	576,507
General and administrative expenses (exclusive of depreciation and amortization)	344,780	350,623	326,951
Corporate expenses (exclusive of depreciation and amortization)	106,025	102,500	93,577
Depreciation and amortization	293,423	349,449	271,294
Gain on disposition of assets	(5,474)	(15,721)	(2,115)
Total operating expenses	1,435,553	1,454,139	1,266,214
Operating income	675,434	578,001	521,187
Other expense (income):
Loss on debt extinguishment	115	0	21,604
Interest income	(2,115)	(1,293)	(763)
Interest expense	174,512	127,510	106,384
Equity in earnings of investee	(3,696)	(4,315)	(3,384)
Total other expense (income)	168,816	121,902	123,841
Income before income tax expense	506,618	456,099	397,346
Income tax expense (note 12)	9,782	17,452	9,256
Net income	496,836	438,647	388,090
Earnings attributable to non-controlling interest	1,073	0	0
Net income attributable to controlling interest	495,763	438,647	388,090
Preferred stock dividends	365	365	365
Net income applicable to common stock	$ 495,398	$ 438,282	$ 387,725
Earnings per share:
Basic earnings per share (in usd per share)	$ 4.86	$ 4.32	$ 3.83
Diluted earnings per share (in usd per share)	4.85	4.31	3.83
Cash dividends declared per share of common stock (in usd per share)	$ 5.00	$ 5.00	$ 4.00
Weighted average common shares used in computing earnings per share:
Weighted average number of shares outstanding basic (in shares)	101,920,268	101,527,778	101,133,269
Weighted average common shares outstanding diluted (in shares)	102,106,647	101,634,543	101,349,865
Statements of Comprehensive Income
Net income	$ 496,836	$ 438,647	$ 388,090
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	231	(1,514)	(79)
Comprehensive income	497,067	437,133	388,011
Earnings attributable to non-controlling interest	1,073	0	0
Comprehensive income attributable to controlling interest	$ 495,994	$ 437,133	$ 388,011

LAMR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 44,605	$ 52,619
Receivables, net of allowance for doubtful accounts of $12,477 and $11,418 as of 2023 and 2022, respectively	301,189	285,039
Other current assets	27,392	26,894
Total current assets	373,186	364,552
Property, plant and equipment (note 5)	4,274,831	4,109,146
Less accumulated depreciation and amortization	(2,708,361)	(2,609,447)
Net property, plant and equipment	1,566,470	1,499,699
Operating lease right of use assets	1,315,433	1,271,631
Financing lease right of use assets	11,184	14,037
Goodwill	2,035,271	2,035,269
Intangible assets, net (note 6)	1,171,434	1,206,625
Other assets	90,644	83,401
Total assets	6,563,622	6,475,214
Current liabilities:
Trade accounts payable	18,238	19,643
Current maturities of long-term debt, net of deferred financing costs of $380 and $593 in 2023 and 2022, respectively (note 9)	250,018	249,785
Current operating lease liabilities (note 7)	210,568	205,838
Current financing lease liabilities (note 7)	1,331	1,331
Accrued expenses (note 8)	107,195	117,593
Deferred income	126,547	131,847
Total current liabilities	713,897	726,037
Long-term debt, net of deferred financing costs of $28,865 and $32,022 in 2023 and 2022, respectively (note 9)	3,091,109	3,063,020
Operating lease liabilities (note 7)	1,075,285	1,035,655
Financing lease liabilities (note 7)	14,614	15,945
Deferred income tax liabilities (note 12)	12,047	9,651
Asset retirement obligation (note 10)	397,991	390,442
Other liabilities	41,891	39,090
Total liabilities	5,346,834	5,279,840
Stockholders’ equity (note 14):
Series AA preferred stock, par value $0.001, $63.80 cumulative dividends, authorized 5,720 shares; 5,720 shares issued and outstanding at 2023 and 2022	0	0
Additional paid-in-capital	2,103,282	2,061,671
Accumulated comprehensive loss	(428)	(659)
Accumulated deficit	(819,235)	(804,382)
Cost of shares held in treasury, 840,935 and 783,696 shares in 2023 and 2022, respectively	(67,347)	(61,358)
Non-controlling interest	414	0
Stockholders’ equity	1,216,788	1,195,374
Total liabilities and stockholders’ equity	6,563,622	6,475,214
Common Class A
Stockholders’ equity (note 14):
Common stock, value	88	88
Common Class B
Stockholders’ equity (note 14):
Common stock, value	$ 14	$ 14

About Lamar Advertising Co

Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. The company was founded in 1902 and is based in Baton Rouge, Louisiana.

CEO	Mr. Sean E. Reilly
WEBSITE	lamar.com
INDUSTRY	REIT Mortgage
EMPLOYEES	3500

Lamar Advertising Co Frequently Asked Questions

What is the ticker symbol for Lamar Advertising Co? What does LAMR stand for in stocks?

LAMR is the stock ticker symbol of Lamar Advertising Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lamar Advertising Co (LAMR)?

As of Wed Apr 17 2024, market cap of Lamar Advertising Co is 11.28 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LAMR stock?

You can check LAMR's fair value in chart for subscribers.

What is the fair value of LAMR stock?

You can check LAMR's fair value in chart for subscribers. The fair value of Lamar Advertising Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lamar Advertising Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LAMR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lamar Advertising Co a good stock to buy?

The fair value guage provides a quick view whether LAMR is over valued or under valued. Whether Lamar Advertising Co is cheap or expensive depends on the assumptions which impact Lamar Advertising Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LAMR.

What is Lamar Advertising Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, LAMR's PE ratio (Price to Earnings) is 22.74 and Price to Sales (PS) ratio is 5.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LAMR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lamar Advertising Co's stock?

In the past 10 years, Lamar Advertising Co has provided 0.121 (multiply by 100 for percentage) rate of return.