Lamar Advertising (NASDAQ:LAMR) Releases Quarterly Earnings Results, Beats Expectations By $0.74 EPS

Lamar Advertising (NASDAQ:LAMR) released its quarterly earnings data on Thursday. The real estate investment trust reported $2.21 EPS for the quarter, topping the consensus estimate of $1.47 by $0.74, Zacks reports. Lamar Advertising had a return on equity of 42.58% and a net margin of 23.46%. Lamar Advertising updated its FY 2025 guidance to 6.010-6.070 EPS.

Lamar Advertising Stock Performance

NASDAQ LAMR traded down $7.44 on Thursday, hitting $124.57. 582,784 shares of the company traded hands, compared to its average volume of 466,707. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 2.48. The business’s 50 day moving average price is $124.87 and its 200-day moving average price is $127.35. The company has a market capitalization of $12.75 billion, a price-to-earnings ratio of 24.91 and a beta of 1.51. Lamar Advertising has a 52-week low of $106.61 and a 52-week high of $139.88.

Lamar Advertising Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued 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 4.98%. Lamar Advertising’s dividend payout ratio (DPR) is currently 112.00%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LAMR. Morgan Stanley boosted their price objective on shares of Lamar Advertising from $125.00 to $135.00 and gave the company an “equal weight” rating in a report on Monday, November 11th. TD Cowen boosted their target price on shares of Lamar Advertising from $142.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, November 11th. StockNews.com downgraded Lamar Advertising from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, Wells Fargo & Company cut 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. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Lamar Advertising has a consensus rating of “Hold” and a consensus price target of $132.40.

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.