LAMR Stock Analysis: Lamar Advertising | NASDAQ
REIT - Specialty | NASDAQ, USA | Market Cap: 15.974m USD | 12M Return: 33% | US5128161099 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 104M
EPS Trend: 38.9%
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Lamar Advertising Company (LAMR) is one of the largest outdoor advertising operators in North America, operating more than 362,000 displays across the United States and Canada. Its inventory spans billboards, interstate logo signs, transit advertising, and airport advertising, serving both local businesses and national brands. The company also operates the largest network of digital billboards in the United States, with over 5,400 digital displays.
Founded in 1902 and headquartered in Baton Rouge, Louisiana, Lamar has been publicly traded since its 1996 IPO. The company is classified under the Real Estate sector as a specialized REIT, reflecting its business model of owning and leasing advertising space to generate rental income. As a REIT, Lamar is generally required to distribute a significant portion of its taxable earnings to shareholders in the form of dividends.
- Digital billboard conversion lifts revenue per display and margins
- Local ad spending recovery drives billboard occupancy and pricing
- Competition from digital platforms pressures traditional out-of-home share
| Net Income: 576.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 1.07 > 1.0 |
| NWC/Revenue: -13.73% < 20% (prev -12.78%; Δ -0.95% < -1%) |
| CFO/TA 0.14 > 3% & CFO 955.0m > Net Income 576.2m |
| Net Debt (6.38b) to EBITDA (1.11b): 5.74 < 3 |
| Current Ratio: 0.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (101.7m) vs 12m ago 0.35% < -2% |
| Gross Margin: 38.08% > 18% (prev 61.83%; Δ -23.75% > 0.5%) |
| Asset Turnover: 34.15% > 50% (prev 32.97%; Δ 1.18% > 0%) |
| Interest Coverage Ratio: 4.71 > 6 (EBIT TTM 759.9m / Interest Expense TTM 161.4m) |
| A: -0.05 (Total Current Assets 463.9m - Total Current Liabilities 788.7m) / Total Assets 7.03b |
| B: -0.17 (Retained Earnings -1.18b / Total Assets 7.03b) |
| C: 0.11 (EBIT TTM 759.9m / Avg Total Assets 6.93b) |
| D: 0.17 (Book Value of Equity 1.02b / Total Liabilities 6.00b) |
| Altman-Z'' = 0.07 = B |
| DSRI: 1.01 (Receivables 363.5m/340.8m, Revenue 2.37b/2.25b) |
| GMI: 1.62 (GM 61.83% / 38.08%) |
| AQI: 0.99 (AQ_t 0.47 / AQ_t-1 0.48) |
| SGI: 1.05 (Revenue 2.37b / 2.25b) |
| TATA: -0.05 (NI 576.2m - CFO 955.0m) / TA 7.03b) |
| Beneish M = -2.43 (Cap -4..+1) = BBB |
As of November 14, 2026, the stock is trading at USD 161.76 with a total of 500,004 shares traded. Over the past week, the price has changed by +3.70%, over one month by +10.45%, over three months by +5.45% and over the past year by +33.04%.
Current recommended Stop Loss: 152.60 (which is 5.7% or 2.4 ATR below the current price).
Lamar Advertising has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold LAMR.
- StrongBuy: 0
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 161.5 | -0.2% |
P/E Trailing = 28.7044
P/E Forward = 22.6244
P/S = 6.8668
P/B = 16.3929
P/EG = 2.1982
Revenue TTM = 2.37b USD
EBIT TTM = 759.9m USD
EBITDA TTM = 1.11b USD
Long Term Debt = 3.17b USD (from longTermDebt, last fiscal year)
Short Term Debt = 453.6m USD (from shortTermDebt, last quarter)
Debt = 6.44b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.46b
Net Debt = 6.38b USD (calculated: Debt 6.44b - CCE 54.1m)
Enterprise Value = 22.4b USD (16.0b + Debt 6.44b - CCE 54.1m)
Interest Coverage Ratio = 4.71 (Ebit TTM 759.9m / Interest Expense TTM 161.4m)
EV/FCF = 27.68x (Enterprise Value 22.4b / FCF TTM 807.6m)
FCF Yield = 3.61% (FCF TTM 807.6m / Enterprise Value 22.4b)
FCF Margin = 34.15% (FCF TTM 807.6m / Revenue TTM 2.37b)
Net Margin = 24.36% (Net Income TTM 576.2m / Revenue TTM 2.37b)
Gross Margin = 38.08% ((Revenue TTM 2.37b - Cost of Revenue TTM 1.46b) / Revenue TTM)
Gross Margin QoQ = 68.65% (prev 68.51%)
Tobins Q-Ratio = 3.18 (Enterprise Value 22.4b / Total Assets 7.03b)
Interest Expense / Debt = 2.51% (Interest Expense 161.4m / Debt 6.44b)
Taxrate = 2.05% (12.2m / 598.5m)
NOPAT = 744.3m (EBIT 759.9m * (1 - 2.05%))
Current Ratio = 0.59 (Total Current Assets 463.9m / Total Current Liabilities 788.7m)
Debt / Equity = 6.33 (Debt 6.44b / totalStockholderEquity, last quarter 1.02b)
Debt / EBITDA = 5.74 (Net Debt 6.38b / EBITDA 1.11b)
Debt / FCF = 7.90 (Net Debt 6.38b / FCF TTM 807.6m)
Total Stockholder Equity = 998.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.32% (Net Income 576.2m / Total Assets 7.03b)
RoE = 57.70% (Net Income TTM 576.2m / Total Stockholder Equity 998.6m)
RoCE = 18.23% (EBIT 759.9m / Capital Employed (Equity 998.6m + L.T.Debt 3.17b))
RoIC = 11.21% (NOPAT 744.3m / Invested Capital 6.64b)
WACC = 5.84% (E(16.0b)/V(22.4b) * Re(7.21%) + D(6.44b)/V(22.4b) * Rd(2.51%) * (1-Tc(0.02)))
Discount Rate = 7.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.59 | Cagr: -0.40%
[DCF] Terminal Value 77.74% ; FCFF base≈769.1m ; Y1≈870.8m ; Y5≈1.24b
[DCF] Fair Price = 141.8 (EV 18.7b - Net Debt 6.38b = Equity 12.4b / Shares 87.1m; r=8.35% [WACC [floored]]; 5y FCF grow 13.55% → 2.50% )
EPS Correlation: 38.88 | EPS CAGR: 10.58% | SUE: 0.34 | # QB: 0
Revenue Correlation: 99.09 | Revenue CAGR: 3.79% | SUE: 0.22 | # QB: 0
EPS current Quarter (2027-03-31): EPS=1.02 | Chg30d=-0.81% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=6.06 | Chg30d=-0.82% | Revisions=+25% | GrowthEPS=+19.4% | GrowthRev=+5.8%
EPS next Year (2027-12-31): EPS=6.28 | Chg30d=-0.63% | Revisions=+25% | GrowthEPS=+6.3% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +17% (up=2, down=1)