LAMR Stock Analysis: Lamar Advertising | NASDAQ
REIT - Specialty | NASDAQ, USA | Market Cap: 16.236m USD | 12M Return: 35.5% | US5128161099 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 101M
EPS Trend: 21.1%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lamar Advertising Company (LAMR) is one of the largest outdoor advertising operators in North America, managing over 362,000 displays across the United States and Canada. Its inventory spans billboards, interstate logos, transit, and airport advertising formats, serving both local businesses and national brands. The company is incorporated in Delaware, headquartered in Baton Rouge, and has operated continuously since 1902, listing on the NASDAQ in 1996.
Lamar is classified under the Real Estate sector as a specialized REIT, a structure common among outdoor advertising operators because it allows pass-through tax treatment of income derived from owning and leasing advertising structures and site leases. The company also operates the largest network of digital billboards in the United States, with over 5,400 displays, reflecting the broader shift in the out-of-home (OOH) industry from static to digital inventory that can be sold dynamically and updated remotely.
- Digital billboard conversions drive margin expansion
- Out-of-home advertising demand grows with national brand spending
- Interest rate cuts ease REIT valuation pressure
| Net Income: 556.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 1.57 > 1.0 |
| NWC/Revenue: -12.04% < 20% (prev -14.59%; Δ 2.55% < -1%) |
| CFO/TA 0.15 > 3% & CFO 1.05b > Net Income 556.1m |
| Net Debt (5.02b) to EBITDA (1.03b): 4.86 < 3 |
| Current Ratio: 0.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (101.6m) vs 12m ago -0.06% < -2% |
| Gross Margin: 39.83% > 18% (prev 66.98%; Δ -27.15% > 0.5%) |
| Asset Turnover: 34.01% > 50% (prev 33.39%; Δ 0.62% > 0%) |
| Interest Coverage Ratio: 4.32 > 6 (EBIT TTM 696.7m / Interest Expense TTM 161.4m) |
| A: -0.04 (Total Current Assets 507.1m - Total Current Liabilities 787.1m) / Total Assets 7.00b |
| B: -0.17 (Retained Earnings -1.17b / Total Assets 7.00b) |
| C: 0.10 (EBIT TTM 696.7m / Avg Total Assets 6.84b) |
| D: 0.17 (Book Value of Equity 995.5m / Total Liabilities 6.00b) |
| Altman-Z'' = 0.05 = B |
| DSRI: 1.02 (Receivables 370.0m/345.9m, Revenue 2.33b/2.23b) |
| GMI: 1.68 (GM 66.98% / 39.83%) |
| AQI: 0.04 (AQ_t 0.02 / AQ_t-1 0.47) |
| SGI: 1.04 (Revenue 2.33b / 2.23b) |
| TATA: -0.07 (NI 556.1m - CFO 1.05b) / TA 7.00b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of August 08, 2026, the stock is trading at USD 160.93 with a total of 580,797 shares traded. Over the past week, the price has changed by +0.61%, over one month by +0.53%, over three months by +7.55% and over the past year by +35.49%.
Current recommended Stop Loss: 152.40 (which is 5.3% or 2.2 ATR below the current price).
Lamar Advertising has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold LAMR.
- StrongBuy: 1
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 158.6 | -1.4% |
P/E Trailing = 29.5203
P/E Forward = 22.6244
P/S = 7.0943
P/B = 16.6278
P/EG = 2.1982
Revenue TTM = 2.33b USD
EBIT TTM = 696.7m USD
EBITDA TTM = 1.03b USD
Long Term Debt = 3.17b USD (from longTermDebt, last fiscal year)
Short Term Debt = 456.8m USD (from shortTermDebt, last quarter)
Debt = 5.09b USD (corrected: LT Debt 3.17b + ST Debt 456.8m) + Leases 1.46b
Net Debt = 5.02b USD (calculated: Debt 5.09b - CCE 68.0m)
Enterprise Value = 21.3b USD (16.2b + Debt 5.09b - CCE 68.0m)
Interest Coverage Ratio = 4.32 (Ebit TTM 696.7m / Interest Expense TTM 161.4m)
EV/FCF = 24.47x (Enterprise Value 21.3b / FCF TTM 868.6m)
FCF Yield = 4.09% (FCF TTM 868.6m / Enterprise Value 21.3b)
FCF Margin = 37.34% (FCF TTM 868.6m / Revenue TTM 2.33b)
Net Margin = 23.90% (Net Income TTM 556.1m / Revenue TTM 2.33b)
Gross Margin = 39.83% ((Revenue TTM 2.33b - Cost of Revenue TTM 1.40b) / Revenue TTM)
Gross Margin QoQ = none% (prev 34.24%)
Tobins Q-Ratio = 3.03 (Enterprise Value 21.3b / Total Assets 7.00b)
Interest Expense / Debt = 3.17% (Interest Expense 161.4m / Debt 5.09b)
Taxrate = 1.94% (11.2m / 576.5m)
NOPAT = 683.1m (EBIT 696.7m * (1 - 1.94%))
Current Ratio = 0.64 (Total Current Assets 507.1m / Total Current Liabilities 787.1m)
Debt / Equity = 5.11 (Debt 5.09b / totalStockholderEquity, last quarter 995.5m)
Debt / EBITDA = 4.86 (Net Debt 5.02b / EBITDA 1.03b)
Debt / FCF = 5.78 (Net Debt 5.02b / FCF TTM 868.6m)
Total Stockholder Equity = 1.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.13% (Net Income 556.1m / Total Assets 7.00b)
RoE = 55.48% (Net Income TTM 556.1m / Total Stockholder Equity 1.00b)
RoCE = 16.70% (EBIT 696.7m / Capital Employed (Equity 1.00b + L.T.Debt 3.17b))
RoIC = 10.34% (NOPAT 683.1m / Invested Capital 6.61b)
WACC = 6.57% (E(16.2b)/V(21.3b) * Re(7.65%) + D(5.09b)/V(21.3b) * Rd(3.17%) * (1-Tc(0.02)))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.57 | Cagr: -0.37%
[DCF] Terminal Value 77.97% ; FCFF base≈810.2m ; Y1≈928.8m ; Y5≈1.37b
[DCF] Fair Price = 178.6 (EV 20.6b - Net Debt 5.02b = Equity 15.6b / Shares 87.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 21.12 | EPS CAGR: 4.61% | SUE: 0.37 | # QB: 0
Revenue Correlation: 99.44 | Revenue CAGR: 3.67% | SUE: 0.93 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.65 | Chg30d=+1.88% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=6.06 | Chg30d=-0.82% | Revisions=+25% | GrowthEPS=+19.4% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=6.39 | Chg30d=+5.04% | Revisions=+40% | GrowthEPS=+5.5% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: +38% (up=4, down=1)