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

Lamar Advertising (NASDAQ:LAMR) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.950-5.990 for the period, compared to the consensus EPS estimate of 8.410. The company issued revenue guidance of -.

Lamar Advertising Trading Up 1.2%

Shares of LAMR stock traded up $1.82 on Thursday, hitting $160.00. The company had a trading volume of 1,003,123 shares, compared to its average volume of 651,468. Lamar Advertising has a twelve month low of $113.66 and a twelve month high of $166.33. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market cap of $16.24 billion, a P/E ratio of 29.52 and a beta of 1.19. The stock’s 50-day moving average is $156.09 and its two-hundred day moving average is $142.70.

Lamar Advertising (NASDAQ:LAMR) last announced its earnings results on Thursday, May 7th. The real estate investment trust reported $1.00 EPS for the quarter, beating the consensus estimate of $0.82 by $0.18. The business had revenue of $528.00 million for the quarter, compared to analysts’ expectations of $522.86 million. Lamar Advertising had a return on equity of 55.53% and a net margin of 24.01%. On average, equities research analysts anticipate that Lamar Advertising will post 8.41 earnings per share for the current fiscal year.

Lamar Advertising Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 16th. Lamar Advertising’s payout ratio is currently 118.08%.

Wall Street Analysts Forecast Growth

LAMR has been the subject of several recent analyst reports. TD Cowen raised their target price on Lamar Advertising from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Lamar Advertising in a research note on Friday, May 22nd. Wells Fargo & Company lifted their price objective on shares of Lamar Advertising from $136.00 to $150.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Morgan Stanley set a $145.00 target price on shares of Lamar Advertising in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $153.00 price target on shares of Lamar Advertising in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Lamar Advertising has an average rating of “Hold” and a consensus target price of $154.67.

Hedge Funds Weigh In On Lamar Advertising

A number of hedge funds and other institutional investors have recently modified their holdings of LAMR. AQR Capital Management LLC increased its holdings in Lamar Advertising by 123.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock worth $177,152,000 after acquiring an additional 816,217 shares during the last quarter. Invesco Ltd. boosted its position in Lamar Advertising by 97.8% during the third quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust’s stock worth $121,439,000 after purchasing an additional 490,463 shares during the period. Northern Trust Corp increased its stake in shares of Lamar Advertising by 23.9% in the third 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 in the last quarter. Corient Private Wealth LLC increased its stake in shares of Lamar Advertising by 1,839.7% in the fourth 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 in the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of Lamar Advertising by 13.8% in the third quarter. Daiwa Securities Group Inc. now owns 1,478,299 shares of the real estate investment trust’s stock valued at $180,973,000 after purchasing an additional 178,880 shares during the period. Hedge funds and other institutional investors own 93.78% of the company’s stock.

Lamar Advertising Company Profile

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.