Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with approximately 385,000 displays across the United States and Canada. More Details
Fair value with limited growth.
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 underperformed the US REITs industry which returned -18% over the past year.
Return vs Market: LAMR underperformed the US Market which returned 12% 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 StHow Should Investors Feel About Lamar Advertising Company (REIT)'s (NASDAQ:LAMR) CEO Remuneration?
1 month ago | Simply Wall StLamar Advertising Company (REIT) (NASDAQ:LAMR) Has Compensated Shareholders With A Respectable 67% Return On Their Investment
2 months ago | Simply Wall StBoasting A 24% Return On Equity, Is Lamar Advertising Company (REIT) (NASDAQ:LAMR) A Top Quality Stock?
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 ($61.61) is trading below our estimate of fair value ($103.91)
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 (22.6x) compared to the US REITs industry average (34x).
PE vs Market: LAMR is poor value based on its PE Ratio (22.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: LAMR is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: LAMR is overvalued based on its PB Ratio (5.5x) compared to the US REITs industry average (1.4x).
How is Lamar Advertising Company (REIT) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAMR's forecast earnings growth (17.2% per year) is above the savings rate (2.2%).
Earnings vs Market: LAMR's earnings (17.2% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: LAMR's earnings are forecast to grow, but not significantly.
Revenue vs Market: LAMR's revenue (3.8% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: LAMR's revenue (3.8% 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 high in 3 years time (27.4%)
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 (16.4%) are lower than last year (21.4%).
Past Earnings Growth Analysis
Earnings Trend: LAMR's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: LAMR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LAMR had negative earnings growth (-23.7%) over the past year, making it difficult to compare to the REITs industry average (8.1%).
Return on Equity
High ROE: Whilst LAMR's Return on Equity (24.43%) is high, this metric is skewed due to their high level of debt.
How is Lamar Advertising Company (REIT)'s financial position?
Financial Position Analysis
Short Term Liabilities: LAMR's short term assets ($444.2M) exceed its short term liabilities ($393.9M).
Long Term Liabilities: LAMR's short term assets ($444.2M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: LAMR's debt to equity ratio (280.9%) is considered high.
Reducing Debt: LAMR's debt to equity ratio has increased from 197.3% to 280.9% over the past 5 years.
Debt Coverage: LAMR's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: LAMR's interest payments on its debt are well covered by EBIT (3x coverage).
What is Lamar Advertising Company (REIT) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LAMR's dividend (3.25%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: LAMR's dividend (3.25%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Stability and Growth of Payments
Stable Dividend: LAMR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LAMR has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.5%), LAMR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LAMR's dividends in 3 years are not forecast to be well covered by earnings (123.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sean Reilly (58 yo)
Mr. Sean E. Reilly has been Chief Executive Officer of Lamar Advertising Company and Lamar Advertising Company (REIT) since February 2011. Mr. Reilly has been President of Lamar Advertising Company and Lam ...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD4.97M) is below average for companies of similar size in the US market ($USD7.41M).
Compensation vs Earnings: Sean's compensation has been consistent with company performance over the past year.
|Executive Chairman||no data||US$3.92m||2.65% |
|CEO & President||9.58yrs||US$4.97m||1.57% |
|Executive VP||1yr||US$2.05m||0.015% |
|Executive Vice President of Operations||0.25yr||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Secretary & General Counsel||no data||no data||no data|
|Senior Vice President of Sales & Sales Operations||3.83yrs||no data||no data|
|Chief Marketing Officer||no data||no data||no data|
|Executive Vice President of Human Resources||no data||no data||no data|
|Executive Vice President||no data||no data||no data|
|President of Interstate Logos||no data||no data||no data|
|VP & Controller||no data||no data||no data|
Experienced Management: LAMR's management team is considered experienced (2.4 years average tenure).
|Executive Chairman||no data||US$3.92m||2.65% |
|Independent Director||21.75yrs||US$158.50k||0.0066% |
|Independent Director||12.83yrs||US$142.50k||0.042% |
|Independent Director||2.42yrs||US$112.50k||0.0023% |
|Independent Director||20.75yrs||US$142.50k||0.036% |
|Independent Director||0.42yr||no data||0.0023% |
|Independent Director||1.42yrs||US$85.67k||0.0015% |
Experienced Board: LAMR's board of directors are seasoned and experienced ( 14.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LAMR 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$6.211b
- Shares outstanding: 100.81m
- 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 approximately 385,000 displays across the United States and Canada. Lamar offers ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 03:24|
|End of Day Share Price||2020/10/29 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.