Lamar Advertising (NASDAQ:LAMR – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.010-6.070 for the period, compared to the consensus estimate of 3.270. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of research firms have recently commented on LAMR. Morgan Stanley upped their price objective on Lamar Advertising from $125.00 to $135.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. Wells Fargo & Company dropped their price objective on Lamar Advertising from $132.00 to $124.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. StockNews.com downgraded Lamar Advertising from a “buy” rating to a “hold” rating in a report on Monday, November 11th. JPMorgan Chase & Co. dropped their price objective on Lamar Advertising from $129.00 to $126.00 and set a “neutral” rating for the company in a report on Friday. Finally, TD Cowen upped their price objective on Lamar Advertising from $142.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $133.40.
Read Our Latest Stock Report on Lamar Advertising
Lamar Advertising Stock Down 0.3 %
Lamar Advertising (NASDAQ:LAMR – Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.74. Lamar Advertising had a net margin of 16.40% and a return on equity of 30.20%. The firm had revenue of $579.57 million during the quarter, compared to analysts’ expectations of $583.19 million. Equities research analysts forecast that Lamar Advertising will post 7.92 earnings per share for the current fiscal year.
Lamar Advertising Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $1.55 dividend. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.40. This represents a $6.20 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date of this dividend is Friday, March 14th. Lamar Advertising’s dividend payout ratio is presently 158.64%.
Lamar Advertising Company Profile
Lamar Advertising Company operates as an outdoor advertising company in the United States and Canada. The company owns and operates billboards, logo signs, and transit advertising displays, as well as rents space for advertising on billboards, buses, shelters, benches, logo plates, and in airport terminals.
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