Lamar Advertising (NASDAQ:LAMR) Updates FY 2025 Earnings Guidance

Lamar Advertising (NASDAQ:LAMR) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 6.010-6.070 for the period, compared to the consensus earnings per share estimate of 3.270. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. TD Cowen boosted their price target on Lamar Advertising from $142.00 to $160.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. StockNews.com downgraded Lamar Advertising from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Morgan Stanley boosted their price target on Lamar Advertising from $125.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Finally, Wells Fargo & Company decreased their target price on Lamar Advertising from $132.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Monday, November 11th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $132.40.

Lamar Advertising Trading Down 0.7 %

Shares of NASDAQ:LAMR opened at $132.00 on Thursday. The company has a market capitalization of $13.51 billion, a P/E ratio of 26.40 and a beta of 1.51. Lamar Advertising has a 1 year low of $106.43 and a 1 year high of $139.88. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.56 and a quick ratio of 0.56. The business’s 50 day simple moving average is $124.87 and its 200 day simple moving average is $127.35.

Lamar Advertising Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $1.55 per share. This represents a $6.20 dividend on an annualized basis and a yield of 4.70%. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.40. Lamar Advertising’s dividend payout ratio is currently 112.00%.

About Lamar Advertising

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.