Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 360,000 displays across the United States and Canada.
Solid track record average dividend payer.
Share Price & News
How has Lamar Advertising Company (REIT)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LAMR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LAMR exceeded the US REITs industry which returned 16.6% over the past year.
Return vs Market: LAMR exceeded the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Lamar Advertising Company (REIT)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs It Too Late To Consider Buying Lamar Advertising Company (REIT) (NASDAQ:LAMR)?
4 weeks ago | Simply Wall StIs Lamar Advertising Company (REIT)'s (NASDAQ:LAMR) 31% ROE Better Than Average?
1 month ago | Simply Wall StIs Lamar Advertising Company (REIT)'s (NASDAQ:LAMR) CEO Pay Fair?
Is Lamar Advertising Company (REIT) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LAMR ($95.63) is trading below our estimate of fair value ($158.83)
Significantly Below Fair Value: LAMR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LAMR is good value based on its PE Ratio (26.2x) compared to the REITs industry average (36.6x).
PE vs Market: LAMR is poor value based on its PE Ratio (26.2x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: LAMR is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: LAMR is overvalued based on its PB Ratio (8.2x) compared to the US REITs industry average (2.1x).
How is Lamar Advertising Company (REIT) forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAMR's forecast earnings growth (7.6% per year) is above the savings rate (1.7%).
Earnings vs Market: LAMR's earnings (7.6% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: LAMR's earnings are forecast to grow, but not significantly.
Revenue vs Market: LAMR's revenue (4% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: LAMR's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LAMR's Return on Equity is forecast to be very high in 3 years time (40.8%).
How has Lamar Advertising Company (REIT) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAMR has high quality earnings.
Growing Profit Margin: LAMR's current net profit margins (21.2%) are higher than last year (18.5%).
Past Earnings Growth Analysis
Earnings Trend: LAMR's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: LAMR's earnings growth over the past year (23.1%) exceeds its 5-year average (6.8% per year).
Earnings vs Industry: LAMR earnings growth over the past year (23.1%) exceeded the REITs industry 8.2%.
Return on Equity
High ROE: Whilst LAMR's Return on Equity (31.26%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is Lamar Advertising Company (REIT)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: LAMR has a high level of physical assets or inventory.
Debt Coverage by Assets: LAMR's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: LAMR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if LAMR has a sufficient allowance for bad loans.
Low Risk Liabilities: LAMR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if LAMR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: LAMR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if LAMR has an appropriate level of bad loans.
What is Lamar Advertising Company (REIT)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: LAMR's dividend (4.02%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: LAMR's dividend (4.02%) is in the top 25% of dividend payers in the US market (3.7%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LAMR has been paying a dividend for less than 10 years.
Growing Dividend: LAMR's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.1%), LAMR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LAMR's dividends in 3 years are forecast to be thoroughly covered by earnings (0.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sean Reilly (57yo)
Mr. Sean E. Reilly has been the Chief Executive Officer of Lamar Advertising Co. since February 21, 2011 and serves as the Chief Executive Officer at Lamar Media Corp. Mr. Reilly serves as Principal Execut ...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD5.56M) is below average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: Sean's compensation has increased by more than 20% in the past year.
|Chairman & President||0yrs||US$4.55m||2.64% $253.1m|
|Chief Executive Officer||9yrs||US$5.56m||1.55% $149.0m|
|Chief Financial Officer Emeritus||0.3yrs||US$4.01m||0.12% $11.4m|
|CFO & Treasurer||0.3yrs||no data||0.014% $1.3m|
|Vice President of Operations||0yrs||no data||no data|
|Director of Investor Relations||0yrs||no data||no data|
|Secretary & General Counsel||0yrs||no data||no data|
|Senior Vice President of Sales & Sales Operations||3.2yrs||no data||no data|
|Chief Marketing Officer||0yrs||no data||no data|
|Vice President of Human Resources||0yrs||no data||no data|
Experienced Management: LAMR's management team is considered experienced (3.2 years average tenure).
|Chairman & President||0yrs||US$4.55m||2.64% $253.1m|
|Independent Director||21.1yrs||US$158.50k||0.0056% $534.1k|
|Independent Director||12.2yrs||US$141.00k||0.024% $2.3m|
|Independent Director||20.1yrs||US$142.50k||0.035% $3.4m|
|Director||0.8yrs||no data||0.00069% $66.3k|
Experienced Board: LAMR's board of directors are seasoned and experienced ( 15.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lamar Advertising Company (REIT)'s company bio, employee growth, exchange listings and data sources
- Name: Lamar Advertising Company (REIT)
- Ticker: LAMR
- Exchange: NasdaqGS
- Founded: 1902
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$9.605b
- Shares outstanding: 100.43m
- Website: https://www.lamar.com
Number of Employees
- Lamar Advertising Company (REIT)
- 5321 Corporate Boulevard
- Baton Rouge
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LAMR||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Aug 1996|
|6LA||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Aug 1996|
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. 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 over 3,400 displays.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 00:00|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.