Lamar Advertising (NASDAQ:LAMR) EVP Ross Lamar Reilly Sells 5,969 Shares

Lamar Advertising Company (NASDAQ:LAMR) EVP Ross Lamar Reilly sold 5,969 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $128.65, for a total value of $767,911.85. Following the completion of the sale, the executive vice president owned 15,850 shares in the company, valued at $2,039,102.50. The trade was a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Lamar Advertising Stock Performance

Shares of Lamar Advertising stock traded down $1.05 during trading on Wednesday, hitting $126.47. 428,500 shares of the stock were exchanged, compared to its average volume of 546,206. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current ratio of 0.58. Lamar Advertising Company has a 12 month low of $99.84 and a 12 month high of $139.76. The stock’s fifty day moving average is $132.20 and its 200 day moving average is $127.83. The stock has a market cap of $12.82 billion, a PE ratio of 21.92 and a beta of 1.21.

Lamar Advertising (NASDAQ:LAMR) last issued its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.68). The firm had revenue of $595.93 million during the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, sell-side analysts anticipate that Lamar Advertising Company will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 5.1%. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend is Monday, March 16th. Lamar Advertising’s dividend payout ratio is presently 110.92%.

Institutional Trading of Lamar Advertising

A number of institutional investors have recently made changes to their positions in LAMR. Glenmede Investment Management LP raised its holdings in Lamar Advertising by 3.2% during the third quarter. Glenmede Investment Management LP now owns 2,590 shares of the real estate investment trust’s stock worth $317,000 after purchasing an additional 81 shares in the last quarter. REAP Financial Group LLC boosted its stake in Lamar Advertising by 13.5% during the 4th quarter. REAP Financial Group LLC now owns 706 shares of the real estate investment trust’s stock valued at $89,000 after purchasing an additional 84 shares in the last quarter. HF Advisory Group LLC boosted its stake in Lamar Advertising by 1.6% during the 3rd quarter. HF Advisory Group LLC now owns 5,494 shares of the real estate investment trust’s stock valued at $673,000 after purchasing an additional 86 shares in the last quarter. Greenleaf Trust increased its position in shares of Lamar Advertising by 1.6% during the 4th quarter. Greenleaf Trust now owns 5,540 shares of the real estate investment trust’s stock valued at $701,000 after purchasing an additional 87 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC increased its position in shares of Lamar Advertising by 0.5% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 19,435 shares of the real estate investment trust’s stock valued at $2,460,000 after purchasing an additional 88 shares during the period. 93.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. UBS Group set a $150.00 price objective on Lamar Advertising in a report on Monday, February 23rd. Morgan Stanley set a $140.00 target price on Lamar Advertising in a research note on Tuesday, December 16th. Weiss Ratings upgraded Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. Wells Fargo & Company increased their price target on Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 24th. Finally, TD Cowen reissued a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Lamar Advertising presently has a consensus rating of “Moderate Buy” and an average target price of $139.80.

About Lamar Advertising

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.