Lamar Advertising (NASDAQ:LAMR) Issues FY 2026 Earnings Guidance

Lamar Advertising (NASDAQ:LAMR) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 5.720-5.830 for the period, compared to the consensus earnings per share estimate of 6.950. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Morgan Stanley set a $140.00 price objective on shares of Lamar Advertising in a research report on Tuesday, December 16th. JPMorgan Chase & Co. raised their price objective on Lamar Advertising from $122.00 to $128.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Citigroup lifted their target price on Lamar Advertising from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Lamar Advertising in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $133.00.

Lamar Advertising Trading Down 0.7%

NASDAQ LAMR opened at $132.83 on Friday. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 31.18 and a beta of 1.23. Lamar Advertising has a twelve month low of $99.84 and a twelve month high of $136.69. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 3.04. The business’s fifty day moving average is $129.19 and its 200 day moving average is $126.15.

Lamar Advertising (NASDAQ:LAMR) last posted its earnings results on Friday, February 20th. The real estate investment trust reported $2.24 EPS for the quarter, beating the consensus estimate of $2.18 by $0.06. Lamar Advertising had a return on equity of 43.02% and a net margin of 19.27%.Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, sell-side analysts expect that Lamar Advertising will post 7.92 EPS for the current fiscal year.

Lamar Advertising Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, December 22nd. Lamar Advertising’s dividend payout ratio (DPR) is 145.54%.

Hedge Funds Weigh In On Lamar Advertising

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its holdings in shares of Lamar Advertising by 123.8% during the second quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock worth $177,152,000 after purchasing an additional 816,217 shares during the period. Invesco Ltd. increased its holdings in Lamar Advertising by 97.8% in the third quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust’s stock valued at $121,439,000 after purchasing an additional 490,463 shares during the period. Northern Trust Corp raised its position in Lamar Advertising by 23.9% during the 3rd quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust’s stock worth $199,490,000 after purchasing an additional 314,235 shares during the last quarter. Corient Private Wealth LLC raised its position in Lamar Advertising by 1,839.7% during the 4th quarter. Corient Private Wealth LLC now owns 230,189 shares of the real estate investment trust’s stock worth $29,137,000 after purchasing an additional 218,322 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in Lamar Advertising by 13.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 1,478,299 shares of the real estate investment trust’s stock worth $180,973,000 after buying an additional 178,880 shares during the period. 93.78% of the stock is currently owned by institutional investors and hedge funds.

About Lamar Advertising

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.