Lamar Advertising Stock Today

LAMR Stock  USD 116.18  0.09  0.08%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 30

 
100  
 
Zero
Below Average
Lamar Advertising is selling at 116.18 as of the 19th of March 2024; that is 0.08 percent increase since the beginning of the trading day. The stock's lowest day price was 115.6. Lamar Advertising has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Lamar Advertising are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
2nd of August 1996
Category
Real Estate
Founded in 1902, Lamar Advertising is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 3,800 displays. The company has 87.65 M outstanding shares of which 1.87 M shares are now shorted by private and institutional investors with about 4.38 trading days to cover. More on Lamar Advertising

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Lamar Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lamar Advertising's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lamar Advertising or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Lamar Advertising's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Lamar Advertising's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentSean Reilly
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Real Estate, Diversified REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Lamar Advertising report their recommendations after researching Lamar Advertising's financial statements, talking to executives and customers, or listening in on Lamar Advertising's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lamar Advertising. The Lamar consensus assessment is calculated by taking the average forecast from all of the analysts covering Lamar Advertising.
Financial Strength
Based on the key indicators obtained from Lamar Advertising's historical financial statements, Lamar Advertising is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Lamar Advertising is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07930.0755
Sufficiently Up
Slightly volatile
Asset Turnover0.240.3216
Way Down
Slightly volatile
Gross Profit Margin0.720.5343
Significantly Up
Very volatile
Net Debt2.3 B4.6 B
Way Down
Slightly volatile
Total Current Liabilities749.6 M713.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.7 B4.6 B
Way Down
Slightly volatile
Total Assets4.1 B6.6 B
Way Down
Slightly volatile
Total Current Assets281.7 M373.2 M
Way Down
Slightly volatile
Total Cash From Operating Activities822.8 M783.6 M
Sufficiently Up
Slightly volatile
Lamar Advertising's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lamar Advertising's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lamar Advertising's financial leverage. It provides some insight into what part of Lamar Advertising's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Lamar Advertising's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Lamar Advertising deploys its capital and how much of that capital is borrowed.
Liquidity
Lamar Advertising cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 4.64 B in liabilities with Debt to Equity (D/E) ratio of 3.59, implying the company greatly relies on financing operations through barrowing. Lamar Advertising has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Lamar Advertising until it has trouble settling it off, either with new capital or with free cash flow. So, Lamar Advertising's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lamar Advertising sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lamar to invest in growth at high rates of return. When we think about Lamar Advertising's use of debt, we should always consider it together with cash and equity.

Depreciation

268.46 Million
Lamar Advertising (LAMR) is traded on NASDAQ Exchange in USA. It is located in 5321 Corporate Boulevard, Baton Rouge, LA, United States, 70808 and employs 3,550 people. Lamar Advertising is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lamar Advertising's market, we take the total number of its shares issued and multiply it by Lamar Advertising's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lamar Advertising conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 87.65 M outstanding shares of which 1.87 M shares are now shorted by private and institutional investors with about 4.38 trading days to cover. Lamar Advertising currently holds about 91.69 M in cash with 783.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check Lamar Advertising Probability Of Bankruptcy
Ownership Allocation
Lamar Advertising holds a total of 87.65 Million outstanding shares. The majority of Lamar Advertising outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lamar Advertising to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lamar Advertising. Please pay attention to any change in the institutional holdings of Lamar Advertising as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lamar Ownership Details

Lamar Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Lamar Advertising jumping above the current price in 90 days from now is roughly 2.55%. The Lamar Advertising probability density function shows the probability of Lamar Advertising stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7745. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lamar Advertising will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Lamar Advertising is significantly underperforming NYSE Composite.
  Odds Below 116.18HorizonTargetOdds Above 116.18
97.40%90 days
 116.18 
2.55%
Based on a normal probability distribution, the odds of Lamar Advertising to move above the current price in 90 days from now is roughly 2.55 (This Lamar Advertising probability density function shows the probability of Lamar Stock to fall within a particular range of prices over 90 days) .

Lamar Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Lamar Advertising that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lamar Advertising's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lamar Advertising's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
1.6 M
Select Equity Group Lp2023-12-31
1.5 M
Jpmorgan Chase & Co2023-12-31
1.4 M
Hamlin Capital Management, Llc2023-12-31
1.4 M
Dimensional Fund Advisors, Inc.2023-12-31
1.2 M
Bank Of New York Mellon Corp2023-12-31
1.2 M
Wellington Management Company Llp2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
M
Wells Fargo & Co2023-12-31
985.9 K
Vanguard Group Inc2023-12-31
12.6 M
Blackrock Inc2023-12-31
8.4 M
View Lamar Advertising Diagnostics

Lamar Advertising Historical Income Statement

Lamar Advertising Income Statement is one of the three primary financial statements used for reporting Lamar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lamar Advertising revenue and expense. Lamar Advertising Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Lamar Advertising's Net Income Applicable To Common Shares is relatively stable compared to the past year. View More Fundamentals

Lamar Stock Against Markets

Picking the right benchmark for Lamar Advertising stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lamar Advertising stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lamar Advertising is critical whether you are bullish or bearish towards Lamar Advertising at a given time. Please also check how Lamar Advertising's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lamar Advertising without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Lamar Advertising Corporate Directors

Lamar Advertising corporate directors refer to members of a Lamar Advertising board of directors. The board of directors generally takes responsibility for the Lamar Advertising's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lamar Advertising's board members must vote for the resolution. The Lamar Advertising board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Lamar Stock?

Before investing in Lamar Advertising, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lamar Advertising. To buy Lamar Advertising stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lamar Advertising. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Lamar Advertising stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Lamar Advertising stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Lamar Advertising stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lamar Advertising, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lamar Stock please use our How to Invest in Lamar Advertising guide.

Already Invested in Lamar Advertising?

The danger of trading Lamar Advertising is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lamar Advertising is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lamar Advertising. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lamar Advertising is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lamar Advertising is a strong investment it is important to analyze Lamar Advertising's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lamar Advertising's future performance. For an informed investment choice regarding Lamar Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lamar Advertising. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is Lamar Advertising's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lamar Advertising. If investors know Lamar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lamar Advertising listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.249
Dividend Share
5
Earnings Share
4.85
Revenue Per Share
20.748
Quarterly Revenue Growth
0.039
The market value of Lamar Advertising is measured differently than its book value, which is the value of Lamar that is recorded on the company's balance sheet. Investors also form their own opinion of Lamar Advertising's value that differs from its market value or its book value, called intrinsic value, which is Lamar Advertising's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lamar Advertising's market value can be influenced by many factors that don't directly affect Lamar Advertising's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lamar Advertising's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lamar Advertising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lamar Advertising's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.