(LAMR) Lamar Advertising - Overview

Sector: Real Estate | Industry: REIT - Specialty | Exchange: NASDAQ (USA) | Market Cap: 15.436m USD | Total Return: 34.2% in 12m

Billboards, Transit Displays, Airport Signage, Digital Displays
Total Rating 49
Safety 41
Buy Signal 0.60
REIT - Specialty
Industry Rotation: -4.2
Market Cap: 15.4B
Avg Turnover: 100M
Risk 3d forecast
Volatility22.1%
VaR 5th Pctl3.75%
VaR vs Median2.99%
Reward TTM
Sharpe Ratio1.25
Rel. Str. IBD69.2
Rel. Str. Peer Group70.8
Character TTM
Beta0.676
Beta Downside0.842
Hurst Exponent0.450
Drawdowns 3y
Max DD23.86%
CAGR/Max DD1.00
CAGR/Mean DD3.91
EPS (Earnings per Share) EPS (Earnings per Share) of LAMR over the last years for every Quarter: "2021-03": 0.58, "2021-06": 1.18, "2021-09": 1.05, "2021-12": 1.21, "2022-03": 0.91, "2022-06": 1.32, "2022-09": 1.44, "2022-12": 0.65, "2023-03": 0.74, "2023-06": 1.28, "2023-09": 1.37, "2023-12": 1.46, "2024-03": 0.76, "2024-06": 1.33, "2024-09": 1.44, "2024-12": -0.0182, "2025-03": 0.73, "2025-06": 1.48, "2025-09": 1.4, "2025-12": 1.5032, "2026-03": 0.88,
EPS CAGR: -0.16%
EPS Trend: -0.9%
Last SUE: 0.08
Qual. Beats: 0
Revenue Revenue of LAMR over the last years for every Quarter: 2021-03: 370.881, 2021-06: 445.052, 2021-09: 476.894, 2021-12: 494.574, 2022-03: 451.388, 2022-06: 517.852, 2022-09: 527.39, 2022-12: 535.51, 2023-03: 471.332, 2023-06: 541.137, 2023-09: 542.609, 2023-12: 555.909, 2024-03: 498.15, 2024-06: 565.251, 2024-09: 564.135, 2024-12: 579.567, 2025-03: 505.43, 2025-06: 579.311, 2025-09: 585.541, 2025-12: 595.932, 2026-03: 528.004,
Rev. CAGR: 3.61%
Rev. Trend: 99.5%
Last SUE: 0.49
Qual. Beats: 0

Warnings

Altman Z'' -0.15 < 1.0 - financial distress zone

Tailwinds

Idiosyncratic Leader

Description: LAMR Lamar Advertising

Lamar Advertising Company (LAMR) is a leading North American outdoor advertising provider, operating over 362,000 displays across the United States and Canada. Established in 1902, the company manages a diverse portfolio including billboards, transit, airport, and interstate logo displays. Lamar currently maintains the largest digital billboard network in the United States, consisting of more than 5,400 displays.

Operating as a Specialized Real Estate Investment Trust (REIT), Lamar generates revenue primarily through the leasing of advertising space on physical structures. This business model benefits from high barriers to entry due to local zoning regulations and the limited availability of permitted billboard sites. Unlike digital or print media, out-of-home advertising represents a one-to-many medium that cannot be skipped or blocked by consumers.

Investors can further evaluate the companys dividend sustainability and valuation metrics on ValueRay. For long-term growth potential, the company continues to convert traditional static displays into digital formats, which allows for multiple advertisements on a single face and higher revenue per site.

Headlines to Watch Out For
  • Digital billboard conversions drive higher yield and increased advertising revenue margins
  • Local business advertising spend remains primary indicator of quarterly revenue growth
  • Interest rate fluctuations impact REIT distribution requirements and debt servicing costs
  • Expansion of national transit and airport contracts diversifies traditional billboard portfolio
  • Land lease renewal costs and zoning regulations influence long-term operating expenses
Piotroski VR-10 (Strict) 4.0
Net Income: 549.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA -1.04 > 1.0
NWC/Revenue: -3.41% < 20% (prev -14.09%; Δ 10.68% < -1%)
CFO/TA 0.13 > 3% & CFO 883.7m > Net Income 549.7m
Net Debt (6.61b) to EBITDA (1.02b): 6.50 < 3
Current Ratio: 0.82 > 1.5 & < 3
Outstanding Shares: last quarter (101.5m) vs 12m ago -1.31% < -2%
Gross Margin: 31.54% > 18% (prev 0.67%; Δ 3.09k% > 0.5%)
Asset Turnover: 34.01% > 50% (prev 33.82%; Δ 0.19% > 0%)
Interest Coverage Ratio: 4.26 > 6 (EBITDA TTM 1.02b / Interest Expense TTM 161.0m)
Altman Z'' -0.15
A: -0.01 (Total Current Assets 362.8m - Total Current Liabilities 440.8m) / Total Assets 6.91b
B: -0.17 (Retained Earnings -1.17b / Total Assets 6.91b)
C: 0.10 (EBIT TTM 686.3m / Avg Total Assets 6.73b)
D: -0.20 (Book Value of Equity -1.17b / Total Liabilities 5.93b)
Altman-Z'' = -0.15 = B
Beneish M -2.57
DSRI: 1.02 (Receivables 323.6m/308.1m, Revenue 2.29b/2.21b)
GMI: 2.12 (GM 31.54% / 66.93%)
AQI: 0.07 (AQ_t 0.04 / AQ_t-1 0.48)
SGI: 1.03 (Revenue 2.29b / 2.21b)
TATA: -0.05 (NI 549.7m - CFO 883.7m) / TA 6.91b)
Beneish M = -2.57 (Cap -4..+1) = A
What is the price of LAMR shares?

As of May 30, 2026, the stock is trading at USD 152.46 with a total of 483,413 shares traded.
Over the past week, the price has changed by -0.10%, over one month by +12.12%, over three months by +12.02% and over the past year by +34.16%.

Is LAMR a buy, sell or hold?

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

What are the forecasts/targets for the LAMR price?
Analysts Target Price 155.6 2.1%
Lamar Advertising (LAMR) - Fundamental Data Overview as of 30 May 2026
Market Cap USD = 15.4b (15.4b USD * 1.0 USD.USD)
P/E Trailing = 28.0664
P/E Forward = 29.4985
P/S = 6.7426
P/B = 15.9121
P/EG = 2.1982
Revenue TTM = 2.29b USD
EBIT TTM = 686.3m USD
EBITDA TTM = 1.02b USD
Long Term Debt = 3.25b USD (from longTermDebt, last quarter)
Short Term Debt = 440.8m USD (from shortTermDebt, last quarter)
Debt = 6.65b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.46b
Net Debt = 6.61b USD (calculated: Debt 6.65b - CCE 39.3m)
Enterprise Value = 22.0b USD (15.4b + Debt 6.65b - CCE 39.3m)
Interest Coverage Ratio = 4.26 (Ebit TTM 686.3m / Interest Expense TTM 161.0m)
EV/FCF = 29.95x (Enterprise Value 22.0b / FCF TTM 735.9m)
FCF Yield = 3.34% (FCF TTM 735.9m / Enterprise Value 22.0b)
FCF Margin = 32.15% (FCF TTM 735.9m / Revenue TTM 2.29b)
Net Margin = 24.02% (Net Income TTM 549.7m / Revenue TTM 2.29b)
Gross Margin = 31.54% ((Revenue TTM 2.29b - Cost of Revenue TTM 1.57b) / Revenue TTM)
Gross Margin QoQ = 34.24% (prev -22.04%)
Tobins Q-Ratio = 3.19 (Enterprise Value 22.0b / Total Assets 6.91b)
Interest Expense / Debt = 2.42% (Interest Expense 161.0m / Debt 6.65b)
Taxrate = 3.82% (4.05m / 105.9m)
NOPAT = 660.0m (EBIT 686.3m * (1 - 3.82%))
Current Ratio = 0.82 (Total Current Assets 362.8m / Total Current Liabilities 440.8m)
Debt / Equity = 6.85 (Debt 6.65b / totalStockholderEquity, last quarter 969.8m)
Debt / EBITDA = 6.50 (Net Debt 6.61b / EBITDA 1.02b)
Debt / FCF = 8.98 (Net Debt 6.61b / FCF TTM 735.9m)
Total Stockholder Equity = 979.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.17% (Net Income 549.7m / Total Assets 6.91b)
RoE = 25.60% (Net Income TTM 549.7m / Total Stockholder Equity 2.15b)
RoCE = 12.71% (EBIT 686.3m / Capital Employed (Equity 2.15b + L.T.Debt 3.25b))
RoIC = 9.58% (NOPAT 660.0m / Invested Capital 6.89b)
WACC = 6.54% (E(15.4b)/V(22.1b) * Re(8.36%) + D(6.65b)/V(22.1b) * Rd(2.42%) * (1-Tc(0.04)))
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.0 | Cagr: -0.31%
[DCF] Terminal Value 74.91% ; FCFF base≈747.6m ; Y1≈726.8m ; Y5≈721.6m
[DCF] Fair Price = 53.94 (EV 11.3b - Net Debt 6.61b = Equity 4.70b / Shares 87.1m; r=8.35% [WACC [floored]]; 5y FCF grow -3.81% → 2.50% )
EPS Correlation: -0.90 | EPS CAGR: -0.16% | SUE: 0.08 | # QB: 0
Revenue Correlation: 99.51 | Revenue CAGR: 3.61% | SUE: 0.49 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.58 | Chg30d=+2.50% | Revisions=+0% | Analysts=1
EPS next 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=+20% | GrowthEPS=+19.4% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=6.39 | Chg30d=+5.04% | Revisions=+33% | GrowthEPS=+5.5% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: +33%