StockpollyBeta
Get App
Popularity #1,727Dividend on the way · $1.65
LAMR · NASDAQ · REIT - Specialty

Lamar Advertising (LAMR)

Rents billboard, highway-logo, transit, and airport advertising space across the United States and Canada.

$144.89
vs last close−0.24 (−0.17%)
Loading prices…

Something off on this page? Send us feedback.

Lamar Advertising CompanyLAMR
Real Estate

Rents billboard, interstate logo-sign, transit, and airport advertising space across the United States and Canada. Billboards provide the economic center, local advertisers dominate the customer mix, and acquisitions plus digital conversion expand the network. The REIT structure, land-use rules, and advertising budgets shape how the business operates.

Rents advertising space across billboards, interstate logo signs, transit vehicles and infrastructure, and airport terminals. The network spans the United States and Canada, with billboards at its economic center and digital faces extending the roadside inventory.

A decentralized sales force serves mostly local advertisers, while acquisitions add displays that can share local creative, installation, and administrative capacity. Static-to-digital conversion raises the earning capacity of existing billboard sites.

Operates as a family-controlled REIT, with acquisition-led expansion and digital conversion shaping the asset base. New construction and face changes depend on permits, zoning, and highway rules; advertising demand follows business activity and marketing budgets. REIT qualification also depends on continuing asset, income, and distribution tests.

Company facts

CEOSean E. Reilly
ListedAug 2, 1996
ExchangeNASDAQ
HeadquartersBaton Rouge, LA
CountryUnited States
Employees3,500
CIK0001090425
ISINUS5128161099

Market cap$14.73B
EPS (ttm)$5.48
P/E (ttm)26.48
ROE55.5%
P/B14.79
P/S6.33
Dividend yieldDiv yield4.41%
Beta0.35vs XLRE 0.61

Price target$160.50+10.6%Average of 20 analysts
ConsensusBuy10 of 20 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 12, 2026Wells FargoReiterate
Rating: —Target: —
Rating: Equal WeightTarget: $151
Aug 7, 2026Morgan StanleyTarget
Target: $160
Target: $170
Jul 10, 2026CitigroupDowngrade
Rating: Buy
Rating: Neutral
Jul 9, 2026CitigroupDowngrade
Rating: Buy
Rating: Neutral
May 8, 2026Morgan StanleyTarget
Target: $145
Target: $160

Next report
Nov 5, 26
in 43 days
EPS estimate
$1.65
Revenue estimate
$620.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.01$1.35$1.52$1.40$1.51$1.00$1.58Pending
Estimate$1.47$1.36$1.44$1.55$1.58$0.82$1.58$1.65
Surprise−100.7%−0.7%+5.6%−9.7%−4.4%+21.4%0.0%—

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$579.6M$505.4M$579.3M$585.5M$595.9M$528.0M$616.7MPending
Estimate$583.1M$508.8M$580.8M$583.0M$592.7M$522.9M$606.6M$620.8M
Surprise−0.6%−0.7%−0.3%+0.4%+0.6%+1.0%+1.7%—
Estimate$1.65
ReportedDue Nov 5, 2026
Estimate$620.8M
ReportedDue Nov 5, 2026
View details

Debt to equity500.10%
Current ratio64.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$564.1M$579.6M$505.4M$579.3M$585.5M$595.9M$528.0M$616.7M
Net income$147.5M−$1.2M$138.8M$154.4M$141.8M$152.3M$101.3M$160.7M
Net margin26.1%0.0%27.5%26.6%24.2%25.6%19.2%26.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$186.6M$36.7M$191.2M$197.7M$186.9M$122.3M$133.5M$208.0M
YoY growth−0.8%−80.9%+53.5%+7.3%+0.2%+233.6%−30.2%+5.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $68.0M · Total debt $4.98B · Total assets $7.00B · Shareholders' equity $995.5M

Revenue
$616.7M
Operating income
$208.0M
Net income
$160.7M
View details

Dividend yield
4.41%
Next ex-date
Dec 21, 26
estimated · in 89 days
Annual dividend
$6.40
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Jun '24Sep '24Mar '25Jun '25Sep '25Mar '26Jun '26Sep '26
Dividend$1.30$1.40$1.55$1.55$1.55$1.60$1.60$1.65
Annual yield4.46%4.01%2.64%4.86%4.89%2.36%4.17%4.38%
Ex-dateJun 17Sep 18Mar 14Jun 16Sep 19Mar 16Jun 16Sep 21
Payment dateJun 28Sep 30Mar 28Jun 30Sep 30Mar 31Jun 30Sep 30
View details

Institutions≈ 83.90%85.20M shares
793 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders2.33%2.37M shares
10 holders · as of Sep 16, 2026
Strategic holders4.53%4.60M shares
1 holder · as of Feb 10, 2022
Other≈ 9.24%9.38M shares
remainder

101.55M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 3 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.47%9.61M Aas of Jun 30, 2026
Reilly Family, LLCInstitution
8.86%9.00Mfiled Feb 13, 2026
Vanguard Portfolio Management LLCInstitution
7.39%7.51M Aas of Jun 30, 2026
Janus Henderson Group plcStrategic
4.53%4.60Mfiled Feb 10, 2022
Capital World Growth and Income FundInstitution
3.92%3.98Mfiled Feb 14, 2017

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 14, 2026Thomas V. Reifenheiserdirector−8,099$149.03
May 11, 2026Jay LeCoryelle Johnsonofficer: CFO, Treasurer, EVP−10,000$157.02
Mar 23, 2026Ross Lamar Reillyofficer: EVP, President, Outdoor Div−5,969$128.65
Mar 5, 2026Jay LeCoryelle Johnsonofficer: CFO, Treasurer, EVP−1,260$137.56
View details

  • OUTFRONT Media

    U.S. out-of-home media operator focused on billboards and transit displays

  • Clear Channel Outdoor

    U.S. OOH operator spanning roadside, digital and airport advertising

  • Boston Omaha

    Diversified U.S. holding company with a regional billboard business

Compare

CompanyPriceChange
Lamar Advertising$144.89−0.17%$14.73B26.523.86.3+6.5%
OUTFRONT Media$28.17−0.09%$4.96B20.020.72.6+13.5%
Clear Channel Outdoor$2.39−0.00%$1.21B——0.7+8.8%
Boston Omaha$13.43−0.48%$407.6M——3.7−21.3%
Median20.020.72.6+8.8%