Lamar Advertising Company (LAMR) Stock Forecast, Price Target & Predictions
LAMR Stock Forecast
Lamar Advertising Company stock forecast is as follows: an average price target of $103.00 (represents a -20.12% downside from LAMR’s last price of $128.94) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
LAMR Price Target
The average price target for Lamar Advertising Company (LAMR) is $103.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $103.00 to $103.00. This represents a potential -20.12% downside from LAMR's last price of $128.94.
LAMR Analyst Ratings
According to 4 Wall Street analysts, Lamar Advertising Company's rating consensus is 'Hold'. The analyst rating breakdown for LAMR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 2 'Hold' (50.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
Lamar Advertising Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 10, 2022 | Benjamin Swinburne | Morgan Stanley | $103.00 | $89.39 | 15.23% | -20.12% |
The latest Lamar Advertising Company stock forecast, released on Jun 10, 2022 by Benjamin Swinburne from Morgan Stanley, set a price target of $103.00, which represents a 15.23% increase from the stock price at the time of the forecast ($89.39), and a -20.12% decrease from LAMR last price ($128.94).
Lamar Advertising Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $128.94 | $128.94 | $128.94 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Lamar Advertising Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lamar Advertising Company's last price of $128.94. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 19, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 19, 2024 | Wells Fargo | - | Equal-Weight | Initialise |
| Aug 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 16, 2024 | Cowen & Co. | - | Buy | Initialise |
| Jul 11, 2024 | Citigroup | Buy | Neutral | Downgrade |
| Jul 07, 2022 | Citigroup | - | Buy | Upgrade |
| Jun 10, 2022 | Morgan Stanley | - | Underweight | Downgrade |
Lamar Advertising Company's last stock rating was published by Cowen & Co. on Sep 19, 2024. The company gave LAMR a "Buy" rating, the same as its previous rate.
Lamar Advertising Company Financial Forecast
Lamar Advertising Company Revenue Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $542.61M | $541.14M | $471.33M | $535.51M | $527.39M | $517.85M | $451.39M | $494.57M | $476.89M | $445.05M | $370.88M | $428.52M | $386.11M | $347.65M | $406.57M | $462.66M | $457.79M | $448.74M | $384.46M | $361.03M | $346.36M | $338.53M | $302.48M |
| Avg Forecast | $592.51M | $534.32M | $585.35M | $568.91M | $564.96M | $496.98M | $547.61M | $541.89M | $535.00M | $465.83M | $542.00M | $520.00M | $490.00M | $426.97M | $473.13M | $459.12M | $427.83M | $362.25M | $413.90M | $377.13M | $366.53M | $396.04M | $464.63M | $451.91M | $452.15M | $384.84M | $818.27M | $395.89M | $300.18M | $201.67M |
| High Forecast | $594.45M | $536.07M | $588.97M | $641.88M | $564.96M | $496.98M | $548.54M | $541.89M | $536.75M | $467.36M | $543.78M | $520.00M | $490.00M | $426.97M | $473.13M | $459.12M | $427.83M | $362.25M | $413.90M | $377.13M | $366.53M | $396.04M | $464.63M | $451.91M | $452.15M | $384.84M | $981.92M | $475.06M | $360.22M | $242.00M |
| Low Forecast | $590.56M | $532.56M | $581.72M | $541.90M | $564.96M | $496.98M | $546.68M | $541.89M | $533.25M | $464.30M | $540.22M | $520.00M | $490.00M | $426.97M | $473.13M | $459.12M | $427.83M | $362.25M | $413.90M | $377.13M | $366.53M | $396.04M | $464.63M | $451.91M | $452.15M | $384.84M | $654.61M | $316.71M | $240.14M | $161.33M |
| # Analysts | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 10 | 20 | 9 |
| Surprise % | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 0.99% | 1.01% | 1.06% | 1.06% | 1.05% | 1.04% | 1.04% | 1.02% | 1.04% | 1.02% | 0.95% | 1.03% | 1.00% | 1.01% | 0.99% | 1.00% | 0.44% | 0.87% | 1.13% | 1.50% |
Lamar Advertising Company's average Quarter revenue forecast for Dec 23 based on 2 analysts is $547.61M, with a low forecast of $546.68M, and a high forecast of $548.54M. LAMR's average Quarter revenue forecast represents a 0.92% increase compared to the company's last Quarter revenue of $542.61M (Sep 23).
Lamar Advertising Company EBITDA Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 10 | 20 | 9 |
| EBITDA | - | - | - | - | - | - | - | $364.12M | $349.23M | $189.88M | $245.77M | $248.57M | $233.51M | $189.48M | $217.82M | $218.95M | $208.31M | $149.43M | $200.96M | $166.03M | $129.61M | $156.57M | $202.62M | $205.36M | $205.49M | $147.82M | $131.44M | $125.86M | $126.99M | $114.65M |
| Avg Forecast | $261.84M | $236.12M | $258.67M | $251.41M | $249.66M | $199.24M | $242.00M | $239.47M | $236.42M | $181.13M | $233.72M | $229.80M | $216.54M | $143.18M | $209.08M | $202.89M | $189.06M | $121.12M | $182.91M | $166.66M | $161.98M | $125.24M | $205.33M | $199.71M | $199.81M | $149.39M | $150.56M | $142.76M | $117.92M | $64.07M |
| High Forecast | $262.70M | $236.90M | $260.28M | $283.66M | $249.66M | $239.09M | $242.41M | $239.47M | $237.20M | $217.35M | $280.47M | $229.80M | $216.54M | $171.82M | $209.08M | $202.89M | $189.06M | $145.34M | $182.91M | $166.66M | $161.98M | $150.29M | $205.33M | $199.71M | $199.81M | $179.27M | $180.67M | $171.31M | $141.51M | $76.88M |
| Low Forecast | $260.98M | $235.35M | $257.07M | $239.48M | $249.66M | $159.39M | $241.59M | $239.47M | $235.65M | $144.90M | $186.98M | $229.80M | $216.54M | $114.55M | $209.08M | $202.89M | $189.06M | $96.89M | $182.91M | $166.66M | $161.98M | $100.19M | $205.33M | $199.71M | $199.81M | $119.51M | $120.45M | $114.20M | $94.34M | $51.25M |
| Surprise % | - | - | - | - | - | - | - | 1.52% | 1.48% | 1.05% | 1.05% | 1.08% | 1.08% | 1.32% | 1.04% | 1.08% | 1.10% | 1.23% | 1.10% | 1.00% | 0.80% | 1.25% | 0.99% | 1.03% | 1.03% | 0.99% | 0.87% | 0.88% | 1.08% | 1.79% |
2 analysts predict LAMR's average Quarter EBITDA for Dec 23 to be $242.00M, with a high of $242.41M and a low of $241.59M. This is -33.54% lower than Lamar Advertising Company's previous annual EBITDA (Sep 23) of $364.12M.
Lamar Advertising Company Net Income Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 10 | 20 | 9 |
| Net Income | - | - | - | - | - | - | - | $140.02M | $130.62M | $76.04M | $66.10M | $146.19M | $134.21M | $92.15M | $123.31M | $106.84M | $119.61M | $38.33M | $108.71M | $62.76M | $31.43M | $40.49M | $102.75M | $99.71M | $118.40M | $51.25M | $15.05M | $41.79M | $51.31M | $40.72M |
| Avg Forecast | $156.72M | $105.26M | $152.97M | $144.41M | $139.85M | $96.61M | $138.23M | $143.83M | $143.76M | $87.83M | $132.20M | $139.05M | $130.67M | $69.43M | $121.06M | $117.88M | $88.18M | $36.20M | $79.44M | $51.57M | $39.73M | $35.99M | $114.61M | $110.62M | $117.48M | $50.23M | $21.12M | $47.01M | $44.76M | $22.39M |
| High Forecast | $157.38M | $105.71M | $153.63M | $155.36M | $140.90M | $115.93M | $138.82M | $144.54M | $144.37M | $105.39M | $158.64M | $143.34M | $130.67M | $83.31M | $121.06M | $122.82M | $88.18M | $43.44M | $79.44M | $51.57M | $39.73M | $43.19M | $114.61M | $110.62M | $117.48M | $60.27M | $25.34M | $56.41M | $53.72M | $26.87M |
| Low Forecast | $156.05M | $104.81M | $152.32M | $139.43M | $138.80M | $77.29M | $137.64M | $143.11M | $143.14M | $70.26M | $105.76M | $134.76M | $130.67M | $55.54M | $121.06M | $112.94M | $88.18M | $28.96M | $79.44M | $51.57M | $39.73M | $28.80M | $114.61M | $110.62M | $117.48M | $40.18M | $16.89M | $37.61M | $35.81M | $17.92M |
| Surprise % | - | - | - | - | - | - | - | 0.97% | 0.91% | 0.87% | 0.50% | 1.05% | 1.03% | 1.33% | 1.02% | 0.91% | 1.36% | 1.06% | 1.37% | 1.22% | 0.79% | 1.13% | 0.90% | 0.90% | 1.01% | 1.02% | 0.71% | 0.89% | 1.15% | 1.82% |
Lamar Advertising Company's average Quarter net income forecast for Dec 23 is $138.23M, with a range of $137.64M to $138.82M. LAMR's average Quarter net income forecast represents a -1.27% decrease compared to the company's last Quarter net income of $140.02M (Sep 23).
Lamar Advertising Company SG&A Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 10 | 20 | 9 |
| SG&A | - | - | - | - | - | - | - | $81.28M | $90.53M | $88.92M | $118.15M | $111.66M | $118.25M | $105.10M | $121.67M | $111.97M | $96.48M | $90.41M | $89.95M | $84.02M | $84.16M | $100.69M | $105.88M | $103.75M | $97.09M | $96.32M | $91.31M | $88.66M | $82.82M | $74.60M |
| Avg Forecast | $127.99M | $115.42M | $126.44M | $122.89M | $122.04M | $110.18M | $118.29M | $117.05M | $115.56M | $100.17M | $130.43M | $112.32M | $105.84M | $79.18M | $102.20M | $99.17M | $92.41M | $85.39M | $89.41M | $81.46M | $79.17M | $89.51M | $100.36M | $97.62M | $97.67M | $94.40M | $128.11M | $99.75M | $72.24M | $41.03M |
| High Forecast | $128.41M | $115.80M | $127.22M | $138.65M | $122.04M | $132.22M | $118.49M | $117.05M | $115.94M | $120.20M | $156.52M | $112.32M | $105.84M | $95.02M | $102.20M | $99.17M | $92.41M | $102.46M | $89.41M | $81.46M | $79.17M | $107.41M | $100.36M | $97.62M | $97.67M | $113.27M | $153.73M | $119.70M | $86.69M | $49.23M |
| Low Forecast | $127.57M | $115.04M | $125.66M | $117.06M | $122.04M | $88.15M | $118.09M | $117.05M | $115.19M | $80.13M | $104.35M | $112.32M | $105.84M | $63.35M | $102.20M | $99.17M | $92.41M | $68.31M | $89.41M | $81.46M | $79.17M | $71.61M | $100.36M | $97.62M | $97.67M | $75.52M | $102.48M | $79.80M | $57.79M | $32.82M |
| Surprise % | - | - | - | - | - | - | - | 0.69% | 0.78% | 0.89% | 0.91% | 0.99% | 1.12% | 1.33% | 1.19% | 1.13% | 1.04% | 1.06% | 1.01% | 1.03% | 1.06% | 1.13% | 1.05% | 1.06% | 0.99% | 1.02% | 0.71% | 0.89% | 1.15% | 1.82% |
Lamar Advertising Company's average Quarter SG&A projection for Dec 23 is $118.29M, based on 2 Wall Street analysts, with a range of $118.09M to $118.49M. The forecast indicates a 45.53% rise compared to LAMR last annual SG&A of $81.28M (Sep 23).
Lamar Advertising Company EPS Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 10 | 20 | 9 |
| EPS | - | - | - | - | - | - | - | $1.37 | $1.28 | $0.75 | $0.65 | $1.44 | $1.32 | $0.91 | $1.22 | $1.05 | $1.18 | $0.38 | $1.08 | $0.62 | $0.31 | $0.40 | $1.02 | $0.99 | $1.18 | $0.51 | $0.15 | $0.43 | $0.53 | $0.42 |
| Avg Forecast | $1.53 | $1.03 | $1.49 | $1.41 | $1.36 | $0.79 | $1.35 | $1.40 | $1.40 | $0.81 | $1.29 | $1.36 | $1.27 | $0.73 | $1.18 | $1.15 | $0.86 | $0.36 | $0.77 | $0.50 | $0.39 | $0.36 | $1.12 | $1.08 | $1.15 | $0.50 | $0.48 | $0.54 | $0.41 | $0.15 |
| High Forecast | $1.53 | $1.03 | $1.50 | $1.51 | $1.37 | $0.79 | $1.35 | $1.41 | $1.41 | $0.82 | $1.30 | $1.40 | $1.27 | $0.73 | $1.18 | $1.20 | $0.86 | $0.36 | $0.77 | $0.50 | $0.39 | $0.36 | $1.12 | $1.08 | $1.15 | $0.50 | $0.57 | $0.65 | $0.49 | $0.18 |
| Low Forecast | $1.52 | $1.02 | $1.48 | $1.36 | $1.35 | $0.79 | $1.34 | $1.39 | $1.39 | $0.81 | $1.29 | $1.31 | $1.27 | $0.73 | $1.18 | $1.10 | $0.86 | $0.36 | $0.77 | $0.50 | $0.39 | $0.36 | $1.12 | $1.08 | $1.15 | $0.50 | $0.38 | $0.43 | $0.33 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | 0.98% | 0.91% | 0.92% | 0.50% | 1.06% | 1.04% | 1.25% | 1.03% | 0.91% | 1.37% | 1.05% | 1.39% | 1.23% | 0.80% | 1.11% | 0.91% | 0.92% | 1.03% | 1.01% | 0.31% | 0.80% | 1.29% | 2.80% |
According to 2 Wall Street analysts, Lamar Advertising Company's projected average Quarter EPS for Dec 23 is $1.35, with a low estimate of $1.34 and a high estimate of $1.35. This represents a -1.67% decrease compared to LAMR previous annual EPS of $1.37 (Sep 23).
Lamar Advertising Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AFCG | AFC Gamma | $8.78 | $18.50 | 110.71% | Buy |
| FPI | Farmland Partners | $12.17 | $17.00 | 39.69% | Buy |
| CCI | Crown Castle | $102.25 | $136.30 | 33.30% | Hold |
| LAND | Gladstone Land | $12.34 | $15.00 | 21.56% | Buy |
| WY | Weyerhaeuser Company | $30.68 | $36.86 | 20.14% | Buy |
| PCH | PotlatchDeltic | $41.31 | $47.33 | 14.57% | Buy |
| EPR | EPR Properties | $45.40 | $50.50 | 11.23% | Hold |
| GLPI | Gaming and Leisure Properties | $49.16 | $54.32 | 10.50% | Buy |
| RYN | Rayonier | $29.74 | $32.50 | 9.28% | Buy |
| LAMR | Lamar Advertising Company | $128.94 | $103.00 | -20.12% | Hold |