Lamar Advertising (NASDAQ:LAMR) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Lamar Advertising (NASDAQ:LAMR) had its price objective boosted by research analysts at Wells Fargo & Company from $136.00 to $150.00 in a report released on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price points to a potential downside of 3.55% from the company’s previous close.

LAMR has been the topic of a number of other research reports. TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Weiss Ratings upgraded Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. Morgan Stanley set a $145.00 price objective on Lamar Advertising in a research report on Thursday. Finally, UBS Group set a $150.00 price target on Lamar Advertising in a research report on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $143.60.

Lamar Advertising Price Performance

Shares of LAMR stock traded up $4.32 on Friday, reaching $155.52. The company’s stock had a trading volume of 171,957 shares, compared to its average volume of 549,855. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.10. Lamar Advertising has a 12-month low of $113.05 and a 12-month high of $158.69. The company has a market capitalization of $15.76 billion, a P/E ratio of 26.87 and a beta of 1.18. The stock’s 50 day simple moving average is $133.22 and its 200-day simple moving average is $129.88.

Lamar Advertising (NASDAQ:LAMR) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.18. Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.The company had revenue of $528.00 million for the quarter, compared to the consensus estimate of $522.86 million. As a group, equities analysts predict that Lamar Advertising will post 8.23 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $128.65, for a total transaction of $767,911.85. Following the sale, the executive vice president owned 15,850 shares in the company, valued at $2,039,102.50. This trade represents a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 15.24% of the stock is owned by insiders.

Institutional Investors Weigh In On Lamar Advertising

A number of large investors have recently added to or reduced their stakes in the company. Praxis Investment Management Inc. raised its position in Lamar Advertising by 2.7% during the first quarter. Praxis Investment Management Inc. now owns 2,846 shares of the real estate investment trust’s stock valued at $360,000 after purchasing an additional 76 shares in the last quarter. Argent Advisors Inc. grew its stake in shares of Lamar Advertising by 0.6% during the first quarter. Argent Advisors Inc. now owns 14,426 shares of the real estate investment trust’s stock valued at $1,827,000 after buying an additional 80 shares during the last quarter. Glenmede Investment Management LP grew its stake in shares of Lamar Advertising by 3.2% during the third quarter. Glenmede Investment Management LP now owns 2,590 shares of the real estate investment trust’s stock valued at $317,000 after buying an additional 81 shares during the last quarter. REAP Financial Group LLC grew its stake in shares of Lamar Advertising by 13.5% during the fourth quarter. REAP Financial Group LLC now owns 706 shares of the real estate investment trust’s stock valued at $89,000 after buying an additional 84 shares during the last quarter. Finally, Greenleaf Trust grew its stake in shares of Lamar Advertising by 1.6% during the fourth quarter. Greenleaf Trust now owns 5,540 shares of the real estate investment trust’s stock valued at $701,000 after buying an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 93.78% of the company’s stock.

Trending Headlines about Lamar Advertising

Here are the key news stories impacting Lamar Advertising this week:

• Positive Sentiment: Q1 results beat consensus — Lamar reported GAAP EPS of $1.00 vs. the $0.82 estimate and revenue of $528.0M vs. ~$522.9M expected, showing top-line and EPS beats that support near-term earnings momentum. Lamar (LAMR) Advertising tops first-quarter expectations amid strong customer demand
• Positive Sentiment: FFO and adjusted EBITDA outperformed — Funds from operations were $1.72 vs. a $1.57 consensus and adjusted EBITDA was $226.3M, signaling better-than-expected cash generation for the REIT. Strong FFO is a direct positive for REIT valuation and dividend support. Lamar Advertising (LAMR) Q1 FFO and Revenues Surpass Estimates
• Positive Sentiment: Management commentary and industry read suggest improving national demand — Transcripts and analyst pieces highlight broadening demand across national advertisers, which supports revenue durability and gives investors a growth narrative. Lamar Advertising: Improving National Demand Adds To The Bull Case
• Neutral Sentiment: Full earnings/transcript resources available — The full call and transcripts provide color on spot vs. national demand, pricing trends and pipeline but contained no headline guidance change; investors can dig into the call for details. Lamar Advertising Company (LAMR) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Leverage and liquidity metrics remain a watch item — Lamar carries a relatively high debt-to-equity (~3.1) and low current/quick ratios (~0.58), which increases sensitivity to interest rates and cash-flow shocks despite the quarter’s beat. LAMR profile and financial metrics

About Lamar Advertising

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.