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 -20.68% downside from LAMR’s last price of $129.86) and a rating consensus of 'Buy', based on 3 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 3 Wall Street analysts in the past 3 months, with a price target range of $103.00 to $103.00. This represents a potential -20.68% downside from LAMR's last price of $129.86.
LAMR Analyst Ratings
According to 3 Wall Street analysts, Lamar Advertising Company's rating consensus is 'Buy'. The analyst rating breakdown for LAMR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), 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% | -20.68% |
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 -20.68% decrease from LAMR last price ($129.86).
Lamar Advertising Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $129.86 | $129.86 | $129.86 |
| 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 $129.86. 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 |
|---|---|---|---|---|
| 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 Aug 09, 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 | $584.80M | $568.45M | $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 | $659.67M | $594.89M | $651.09M | $570.93M | $629.00M | $553.32M | $548.54M | $603.32M | $595.65M | $518.64M | $603.44M | $578.95M | $519.63M | $452.79M | $501.75M | $486.88M | $453.70M | $384.16M | $438.93M | $399.94M | $388.70M | $419.99M | $492.73M | $479.24M | $479.49M | $408.11M | $981.92M | $475.06M | $360.22M | $242.00M |
| Low Forecast | $556.92M | $502.23M | $549.68M | $565.95M | $531.03M | $467.13M | $546.68M | $509.35M | $502.87M | $437.86M | $509.45M | $488.77M | $473.81M | $412.86M | $457.50M | $443.94M | $413.69M | $350.28M | $400.22M | $364.67M | $354.42M | $382.95M | $449.28M | $436.98M | $437.21M | $372.12M | $654.61M | $316.71M | $240.14M | $161.33M |
| # Analysts | - | - | 1 | 2 | 1 | 1 | 2 | 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 | 2 | 1 | 1 | 2 | 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 | $258.43M | $251.21M | $249.66M | $199.24M | $242.00M | $239.47M | $236.42M | $181.13M | $239.52M | $159.03M | $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 | $291.52M | $262.89M | $287.73M | $252.30M | $277.97M | $239.09M | $242.41M | $266.62M | $263.23M | $217.35M | $266.67M | $190.84M | $229.63M | $171.82M | $221.73M | $215.16M | $200.50M | $145.34M | $193.97M | $176.74M | $171.77M | $150.29M | $217.75M | $211.78M | $211.89M | $179.27M | $180.67M | $171.31M | $141.51M | $76.88M |
| Low Forecast | $246.11M | $221.94M | $242.91M | $250.10M | $234.67M | $159.39M | $241.59M | $225.09M | $222.23M | $144.90M | $225.13M | $127.22M | $209.38M | $114.55M | $202.18M | $196.19M | $182.82M | $96.89M | $176.86M | $161.15M | $156.62M | $100.19M | $198.54M | $193.11M | $193.21M | $119.51M | $120.45M | $114.20M | $94.34M | $51.25M |
| Surprise % | - | - | - | - | - | - | - | 1.52% | 1.48% | 1.05% | 1.03% | 1.56% | 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 | 2 | 1 | 1 | 2 | 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 | $156.68M | $105.23M | $151.94M | $145.31M | $139.82M | $96.61M | $138.20M | $143.79M | $143.72M | $87.83M | $132.44M | $62.27M | $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 | $179.77M | $120.74M | $174.33M | $166.72M | $160.42M | $115.93M | $158.57M | $164.98M | $164.90M | $105.39M | $151.96M | $74.72M | $140.95M | $83.31M | $130.57M | $127.15M | $95.11M | $43.44M | $85.69M | $55.62M | $42.85M | $43.19M | $123.62M | $119.32M | $126.72M | $60.27M | $25.34M | $56.41M | $53.72M | $26.87M |
| Low Forecast | $144.45M | $97.02M | $140.08M | $133.96M | $128.90M | $77.29M | $127.41M | $132.57M | $132.50M | $70.26M | $122.10M | $49.81M | $125.06M | $55.54M | $115.85M | $112.82M | $84.39M | $28.96M | $76.03M | $49.35M | $38.02M | $28.80M | $109.69M | $105.87M | $112.44M | $40.18M | $16.89M | $37.61M | $35.81M | $17.92M |
| Surprise % | - | - | - | - | - | - | - | 0.97% | 0.91% | 0.87% | 0.50% | 2.35% | 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 $138.20M, with a range of $127.41M to $158.57M. LAMR's average Quarter net income forecast represents a -1.30% 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 | 2 | 1 | 1 | 2 | 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 | $126.32M | $122.79M | $122.04M | $110.18M | $118.29M | $117.05M | $115.56M | $100.17M | $117.08M | $83.36M | $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 | $142.50M | $128.50M | $140.64M | $123.33M | $135.87M | $132.22M | $118.49M | $130.32M | $128.67M | $120.20M | $130.35M | $100.03M | $112.25M | $95.02M | $108.38M | $105.17M | $98.00M | $102.46M | $94.81M | $86.39M | $83.96M | $107.41M | $106.43M | $103.52M | $103.57M | $113.27M | $153.73M | $119.70M | $86.69M | $49.23M |
| Low Forecast | $120.30M | $108.49M | $118.74M | $122.25M | $114.71M | $88.15M | $118.09M | $110.02M | $108.62M | $80.13M | $110.05M | $66.68M | $102.35M | $63.35M | $98.82M | $95.90M | $89.36M | $68.31M | $86.45M | $78.77M | $76.56M | $71.61M | $97.05M | $94.39M | $94.44M | $75.52M | $102.48M | $79.80M | $57.79M | $32.82M |
| Surprise % | - | - | - | - | - | - | - | 0.69% | 0.78% | 0.89% | 1.01% | 1.34% | 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 | 2 | 1 | 1 | 2 | 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 | $1.48 | $1.42 | $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 | $1.75 | $1.18 | $1.70 | $1.63 | $1.56 | $0.91 | $1.55 | $1.61 | $1.61 | $0.93 | $1.48 | $1.56 | $1.37 | $0.78 | $1.27 | $1.24 | $0.93 | $0.39 | $0.84 | $0.54 | $0.42 | $0.39 | $1.20 | $1.16 | $1.24 | $0.54 | $0.57 | $0.65 | $0.49 | $0.18 |
| Low Forecast | $1.41 | $0.95 | $1.37 | $1.31 | $1.26 | $0.73 | $1.24 | $1.29 | $1.29 | $0.75 | $1.19 | $1.25 | $1.22 | $0.69 | $1.13 | $1.10 | $0.82 | $0.35 | $0.74 | $0.48 | $0.37 | $0.34 | $1.07 | $1.03 | $1.10 | $0.48 | $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 $1.24 and a high estimate of $1.55. 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 | $21.25 | 142.03% | Buy |
| FPI | Farmland Partners | $10.62 | $17.00 | 60.08% | Buy |
| CCI | Crown Castle | $119.54 | $139.10 | 16.36% | Hold |
| WY | Weyerhaeuser Company | $33.25 | $36.43 | 9.56% | Buy |
| GLPI | Gaming and Leisure Properties | $51.34 | $54.25 | 5.67% | Buy |
| EPR | EPR Properties | $48.50 | $50.50 | 4.12% | Hold |
| LAND | Gladstone Land | $14.56 | $15.00 | 3.02% | Buy |
| RYN | Rayonier | $31.70 | $32.50 | 2.52% | Buy |
| PCH | PotlatchDeltic | $45.95 | $46.33 | 0.83% | Buy |
| LAMR | Lamar Advertising Company | $129.86 | $103.00 | -20.68% | Buy |
LAMR Forecast FAQ
Is Lamar Advertising Company a good buy?
Yes, according to 3 Wall Street analysts, Lamar Advertising Company (LAMR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of LAMR's total ratings.
What is LAMR's price target?
Lamar Advertising Company (LAMR) average price target is $103 with a range of $103 to $103, implying a -20.68% from its last price of $129.86. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lamar Advertising Company stock go up soon?
According to Wall Street analysts' prediction for LAMR stock, the company can go down by -20.68% (from the last price of $129.86 to the average price target of $103), down by -20.68% based on the highest stock price target, and down by -20.68% based on the lowest stock price target.
Can Lamar Advertising Company stock reach $200?
LAMR's average twelve months analyst stock price target of $103 does not support the claim that Lamar Advertising Company can reach $200 in the near future.
What are Lamar Advertising Company's analysts' financial forecasts?
Lamar Advertising Company's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $2.09B (high $2.27B, low $2B), average EBITDA is $899.02M (high $989.61M, low $833.8M), average net income is $513.55M (high $593.85M, low $462.75M), average SG&A $451.07M (high $497.68M, low $416.87M), and average EPS is $4.96 (high $5.69, low $4.58). LAMR's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.22B (high $2.4B, low $2.11B), average EBITDA is $958.54M (high $1.06B, low $887.08M), average net income is $533.68M (high $617.41M, low $480.23M), average SG&A $481.33M (high $532.06M, low $443.84M), and average EPS is $5.06 (high $5.8, low $4.66).
Did the LAMR's actual financial results beat the analysts' financial forecasts?
Based on Lamar Advertising Company's last annual report (Dec 2022), the company's revenue was $2.03B, beating the average analysts forecast of $1.98B by 2.69%. Apple's EBITDA was $917.34M, beating the average prediction of $758.27M by 20.98%. The company's net income was $438.65M, beating the average estimation of $394.81M by 11.10%. Apple's SG&A was $453.15M, beating the average forecast of $385.46M by 17.56%. Lastly, the company's EPS was $4.32, missing the average prediction of $4.65 by -7.00%. In terms of the last quarterly report (Sep 2023), Lamar Advertising Company's revenue was $542.61M, beating the average analysts' forecast of $541.89M by 0.13%. The company's EBITDA was $364.12M, beating the average prediction of $239.47M by 52.05%. Lamar Advertising Company's net income was $140.02M, missing the average estimation of $143.79M by -2.63%. The company's SG&A was $81.28M, missing the average forecast of $117.05M by -30.56%. Lastly, the company's EPS was $1.37, missing the average prediction of $1.4 by -2.25%