Rep. Gilbert Ray Cisneros, Jr. Sells Shares of Lamar Advertising Company (NASDAQ:LAMR)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Lamar Advertising Company (NASDAQ:LAMR). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lamar Advertising stock on August 20th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
  • Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
  • Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
  • Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
  • Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
  • Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
  • Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Lamar Advertising Price Performance

LAMR traded up $1.38 during trading on Friday, hitting $149.08. 370,871 shares of the stock traded hands, compared to its average volume of 445,448. Lamar Advertising Company has a twelve month low of $114.45 and a twelve month high of $166.33. The company has a market cap of $15.14 billion, a price-to-earnings ratio of 27.20 and a beta of 1.17. The company has a debt-to-equity ratio of 3.29, a current ratio of 0.63 and a quick ratio of 0.63. The business has a 50 day moving average price of $155.74 and a 200 day moving average price of $146.48.

Lamar Advertising (NASDAQ:LAMRGet Free Report) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.58. Lamar Advertising had a return on equity of 54.94% and a net margin of 23.90%.The company had revenue of $616.75 million for the quarter, compared to analyst estimates of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. Equities research analysts forecast that Lamar Advertising Company will post 8.43 earnings per share for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 4.4%. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Monday, September 21st. Lamar Advertising’s payout ratio is 116.79%.

Institutional Trading of Lamar Advertising

Several hedge funds and other institutional investors have recently made changes to their positions in the company. First Citizens Bank & Trust Co. boosted its position in Lamar Advertising by 0.9% during the 1st quarter. First Citizens Bank & Trust Co. now owns 8,821 shares of the real estate investment trust’s stock worth $1,117,000 after buying an additional 75 shares during the period. Praxis Investment Management Inc. increased its position in Lamar Advertising by 2.7% in the 1st quarter. Praxis Investment Management Inc. now owns 2,846 shares of the real estate investment trust’s stock valued at $360,000 after acquiring an additional 76 shares during the period. Gamco Investors INC. ET AL increased its position in Lamar Advertising by 1.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 7,523 shares of the real estate investment trust’s stock valued at $953,000 after acquiring an additional 78 shares during the period. Argent Advisors Inc. raised its stake in shares of Lamar Advertising by 0.6% during the first quarter. Argent Advisors Inc. now owns 14,426 shares of the real estate investment trust’s stock valued at $1,827,000 after acquiring an additional 80 shares during the last quarter. Finally, Glenmede Investment Management LP raised its stake in shares of 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 valued at $317,000 after acquiring an additional 81 shares during the last quarter. 93.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on LAMR. Weiss Ratings reissued a “buy (b)” rating on shares of Lamar Advertising in a research note on Wednesday, August 19th. Wells Fargo & Company increased their price objective on shares of Lamar Advertising from $150.00 to $151.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 12th. Morgan Stanley set a $170.00 target price on shares of Lamar Advertising in a research report on Friday, August 7th. JPMorgan Chase & Co. boosted their target price on shares of Lamar Advertising from $153.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Citigroup downgraded shares of Lamar Advertising from a “buy” rating to a “neutral” rating and upped their price target for the stock from $145.00 to $160.00 in a report on Friday, July 10th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $160.17.

Read Our Latest Research Report on LAMR

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Lamar Advertising

(Get Free Report)

Lamar Advertising Company is an outdoor advertising company that provides businesses and organizations with advertising displays across the United States. Its offerings include traditional and digital billboards, as well as advertising displays on buses, benches, shelters and other transit-related assets.

The company also provides advertising opportunities at airports and other specialty locations. Its digital display network enables advertisers to deliver changing messages and campaigns, while its traditional billboard inventory supports longer-term brand awareness and local advertising initiatives.

Founded in 1902, Lamar Advertising has grown from a regional sign and billboard business into one of North America’s major out-of-home advertising providers.

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