L

    Lamar Advertising Company (LAMR)

    Official site

    REAL ESTATE • REIT - SPECIALTY • NASDAQ

    $149.01
    -1.37 (-0.91%)

    Market Cap: $15.27B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    57%(23/40)
    Avg Surprise
    +1.73%
    Streak
    2 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$1.65
    Range$1.65 - $1.65
    1 analysts
    EPS Revisions
    1
    0
    7d
    1
    1
    30d
    EPS Estimate Drift
    90d ago$0.00-100.0%
    60d ago$1.65+0.0%
    30d ago$1.65+0.0%
    7d ago$1.65+0.0%
    Current$1.65
    Revenue Consensus
    $621M
    Range$618M - $622M
    4 analysts
    Dec 31, 2026
    EPS Consensus$1.99
    Range$1.94 - $2.03
    2 analysts
    Revenue Consensus
    $647M
    Range$642M - $651M
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.99---
    Sep 26EST
    		-$1.65---
    Jun 26
    		$2.40$2.21+8.60%Beat+62.2%
    Mar 26
    		$0.88$0.84+4.76%Beat+20.5%
    Dec 25
    		$1.50$1.57-4.25%Miss+8359.3%
    Sep 25
    		$1.40$1.48-5.41%Miss-2.8%
    Jun 25
    		$1.48$1.48+0.00%Beat+11.3%
    Mar 25
    		$0.73$1.25-41.60%Miss-3.9%
    Dec 24
    		$-0.02N/A-101.26%Miss-101.2%
    Sep 24
    		$1.44$1.45-0.69%Miss+5.1%
    Jun 24
    		$1.33$1.37-2.92%Miss+3.9%
    Mar 24
    		$0.76$0.79-3.80%Miss+2.7%
    Dec 23
    		$1.46$1.35+8.15%Beat+124.6%
    Sep 23
    		$1.37$1.38-0.72%Miss-4.9%
    Jun 23
    		$1.28$1.40-8.57%Miss-3.0%
    Mar 23
    		$0.74$0.81-8.64%Miss-18.7%
    Dec 22
    		$0.65$1.29-49.61%Miss-46.3%
    Sep 22
    		$1.44$1.35+6.67%Beat+37.1%
    Jun 22
    		$1.32$1.27+3.94%Beat+11.9%
    Mar 22
    		$0.91$0.73+24.66%Beat+56.9%
    Dec 21
    		$1.21$1.18+2.54%Beat+12.0%
    Sep 21
    		$1.05$1.15-8.70%Miss+52.2%
    Jun 21
    		$1.18$0.87+35.63%Beat+280.6%
    Mar 21
    		$0.58$0.26+123.08%Beat+1.8%
    Dec 20
    		$1.08$0.78+38.46%Beat+5.9%
    Sep 20
    		$0.69$0.53+30.19%Beat-30.3%
    Jun 20
    		$0.31$0.49-36.73%Miss-73.7%
    Mar 20
    		$0.57$0.44+29.55%Beat+11.8%
    Dec 19
    		$1.02$1.12-8.93%Miss+6.3%
    Sep 19
    		$0.99$1.05-5.71%Miss+4.2%
    Jun 19
    		$1.18$1.14+3.51%Beat+15.7%
    Mar 19
    		$0.51$0.48+6.25%Beat+37.8%
    Dec 18
    		$0.96$0.91+5.49%Beat+9.1%
    Sep 18
    		$0.95$0.94+1.06%Beat-3.1%
    Jun 18
    		$1.02$0.96+6.25%Beat+8.5%
    Mar 18
    		$0.37$0.34+8.82%Beat-11.9%
    Dec 17
    		$0.88$0.84+4.76%Beat+8.6%
    Sep 17
    		$0.98$0.89+10.11%Beat+12.6%
    Jun 17
    		$0.94$0.88+6.82%Beat-
    Mar 17
    		$0.42$0.48-12.50%Miss-
    Dec 16
    		$0.81$0.83-2.41%Miss-
    Sep 16
    		$0.87$0.85+2.35%Beat-

    Dividends

    Dividend Metrics

    Yield4.40%
    Annual/Share$6.55
    Payout Ratio73.32%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+8.86%
    5Y CAGR+20.87%
    View LAMR's full dividend history

    Key Metrics

    Valuation
    P/E Ratio24.10EV/EBITDA18.77x
    Price/FCF21.06xFCF Yield4.75%
    Profitability
    Profit Margin23.90%Operating Margin33.30%
    ROE59.40%ROIC16.12%
    Financial Health
    Debt/Equity3.58xInterest Coverage4.48x
    Current Ratio0.63xQuick Ratio0.63x
    Trading Statistics
    Beta1.21Avg Volume635.60K
    52-Week High$166.3352-Week Low$110.33

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$151.40
    SMA 20$153.88
    SMA 50$156.61
    SMA 200$138.93
    EMA 10$151.55
    EMA 20$153.31
    EMA 50$153.87
    EMA 200$141.78

    MACD

    Line: -1.97Signal: -1.52Hist: -0.44

    ADX

    ADX: 13.4+DI: 19.6-DI: 24.9

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down100.0
    PSAR$154.72

    Bollinger Bands

    Upper Band$160.63
    Lower Band$147.12
    %B Position877%(Upper)
    Band Width0.14

    RSI (14-Day)

    Neutral
    36.1

    Momentum Oscillators

    Stoch %K13.1
    Stoch %D15.8
    Williams %R-87.2
    ROC (10d)-2.2%
    Momentum-3.37
    CCI (20d)-126.8
    MFI (14d)43.0

    Volatility Measures

    ATR (14d)$3.20(2.1%)
    StdDev (20d)3.38
    Hist Vol20.2%(Moderate)

    Volume Flow

    VWAP$149.09
    OBV12.7M
    AD Line-355.8M
    CMF (20d)-0.197

    Volume Metrics

    Avg Vol (20d)601.6K
    Vol Ratio0.6x
    VWMA (20d)$154.55

    Pivot Points

    R3$158.20
    R2$156.46
    R1$153.42
    Pivot Point$151.68
    S1$148.64
    S2$146.90
    S3$143.86

    Advanced Oscillators

    TSI-18.43
    Ultimate Osc39.9
    KST-46.31

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$616.75M$528.00M$595.93M$585.54M$579.31M$505.43M$579.57M$564.13M$565.25M$498.15M$555.91M$542.61M
    Cost of Revenue$194.22M$183.31M$192.37M$187.72M$186.78M$180.00M$186.38M$182.59M$183.26M$175.65M$181.40M$175.19M
    Gross Profit$422.53M$344.69M$403.56M$397.82M$392.54M$325.43M$393.19M$381.55M$381.99M$322.50M$374.51M$367.42M
    Operating Expenses$206.66M$198.63M$207.50M$208.74M$188.77M$134.20M$356.53M$194.99M$197.76M$197.91M$182.80M$179.29M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$96.23M$97.58M$91.44M$93.00M$89.31M$94.99M$92.63M$91.01M$88.34M$89.16M$87.84M$81.28M
    Operating Income$207.96M$146.06M$196.06M$189.08M$197.68M$191.23M$36.66M$186.56M$184.23M$124.60M$191.71M$188.13M
    Interest Income$528,000$371,000$737,000$758,000$423,000$872,000$3.62M$3.30M$576,000$-92,000$2.93M$1.32M
    Interest Expense$41.10M$40.54M$40.22M$43.20M$40.70M$38.33M$39.95M$43.21M$44.34M$44.49M$44.35M$45.19M
    Income Before Tax$167.38M$105.89M$156.58M$146.64M$157.40M$153.77M$330,000$146.65M$140.47M$80.02M$150.29M$144.27M
    Income Tax Expense$2.74M$4.05M$1.83M$2.57M$2.39M$14.54M$1.31M$-1,169,000$2.87M$1.52M$961,000$3.84M
    Net Income$160.75M$101.29M$155.88M$144.07M$154.35M$138.75M$-1,199,000$147.48M$137.37M$78.22M$149.09M$140.02M
    EBITDA$278.89M$229.69M$281.88M$276.90M$265.20M$270.58M$273.60M$263.23M$263.06M$201.46M$263.83M$264.39M
    EBIT$207.96M$146.06M$196.06M$189.08M$197.68M$191.23M$36.66M$186.56M$184.23M$124.60M$191.71M$188.13M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $45500
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    2
    New Awards (TTM)
    2
    Avg Remaining Term
    N/A

    Top agency: Department of Justice at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15DDSE26P00000002Department of JusticeDrug Enforcement Administration$24000Dec 23, 2025
    15DDSE26P00000003Department of JusticeDrug Enforcement Administration$21500Mar 31, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Acquisitions: Lamar Acquires AdSource Outdoor

    Lamar Advertising has expanded its billboard network in Louisiana by acquiring the assets of AdSource Outdoor Advertising. This acquisition adds over 230 billboard faces, including 30 digital displays, to Lamar's portfolio. The deal was structured as a UPREIT transaction, allowing AdSource to exchange assets for partnership units in Lamar, a model Lamar views for future acquisitions.

    Sixteen:Nine•8/18/26•
    Bullish

    Lamar Acquires AdSource Outdoor Assets Through UPREIT Transaction

    Lamar Advertising Company (LAMR) has acquired the assets of AdSource Outdoor Advertising, including over 230 billboard faces with 30 digital displays in Louisiana, through an UPREIT transaction. This strategic acquisition expands Lamar's billboard network and utilizes a tax-efficient structure. The UPREIT model allows Lamar to issue partnership units to sellers, which can be converted to cash or Lamar's Class A common stock, providing a flexible tool for future growth and market expansion.

    TradingView•8/14/26•
    Bullish

    Lamar Advertising acquires AdSource in billboard UPREIT deal By Investing.com

    Lamar Advertising Company has acquired the assets of AdSource Outdoor Advertising, adding over 230 billboard faces, including 30 digital displays, to its Louisiana portfolio. This transaction is Lamar's second UPREIT deal in the billboard industry, allowing AdSource owners to receive common units in Lamar's operating partnership on a tax-deferred basis, which are convertible to cash or Class A common stock. The UPREIT structure enables AdSource co-founders to remain invested in the outdoor advertising business.

    Investing.com Nigeria•8/14/26•
    Bullish

    Lamar Advertising Acquires Assets of AdSource Outdoor in UPREIT Transaction

    Lamar Advertising Company has acquired the assets of AdSource Outdoor Advertising in the billboard industry's second-ever UPREIT transaction. This acquisition adds over 230 billboard faces, including 30 digital displays, to Lamar's portfolio in Louisiana. The transaction allowed AdSource's owners to receive common units of Lamar LP, offering a tax-deferred investment in the outdoor advertising business.

    The Manila Times•8/14/26•
    Bullish

    Analysts Are Neutral on Top Real Estate Stocks: Lamar Advertising (LAMR), Wharf Real Estate Investment Co (WRFRF)

    Analysts have issued neutral ratings for Lamar Advertising (LAMR) and Wharf Real Estate Investment Co (WRFRF), indicating neither a bullish nor bearish outlook. Wells Fargo maintained a Hold rating for Lamar Advertising with a $151.00 price target, while Goldman Sachs gave Wharf Real Estate Investment Co a Hold rating and a HK$36.00 price target. The consensus for Lamar Advertising is a Hold with a 4.8% upside, and for Wharf Real Estate Investment Co, it's a Moderate Buy with a 3.4% upside.

    The Globe and Mail•8/13/26•
    Neutral

    Frequently Asked Questions About LAMR

    What is LAMR's current dividend yield?
    Lamar Advertising Company (LAMR) has a current dividend yield of 4.40%.
    Does LAMR pay dividends?
    Yes, Lamar Advertising Company pays dividends with a current yield of 4.40%.
    What is LAMR's P/E ratio?
    Lamar Advertising Company has a price-to-earnings (P/E) ratio of 24.10.
    What is LAMR's market cap?
    Lamar Advertising Company (LAMR) has a market capitalization of $15.27B with a current stock price of $149.01.

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