Insider Selling: Lamar Advertising (NASDAQ:LAMR) EVP Sells $767,911.85 in Stock

Lamar Advertising Company (NASDAQ:LAMR) EVP Ross Lamar Reilly sold 5,969 shares of Lamar Advertising stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $128.65, for a total value of $767,911.85. Following the transaction, the executive vice president owned 15,850 shares of the company’s stock, valued at $2,039,102.50. This represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Lamar Advertising Stock Down 2.2%

LAMR opened at $123.77 on Friday. The stock’s fifty day simple moving average is $131.82 and its 200 day simple moving average is $127.78. Lamar Advertising Company has a 1-year low of $99.84 and a 1-year high of $139.76. The stock has a market cap of $12.54 billion, a PE ratio of 21.45 and a beta of 1.21. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10.

Lamar Advertising (NASDAQ:LAMR) last released its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.68). The company had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, research analysts expect that Lamar Advertising Company will post 7.92 earnings per share for the current year.

Lamar Advertising Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $6.40 annualized dividend and a yield of 5.2%. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.55. Lamar Advertising’s payout ratio is currently 110.92%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in LAMR. Berkshire Hathaway Inc acquired a new position in Lamar Advertising in the 2nd quarter valued at $141,931,000. M&T Bank Corp lifted its position in shares of Lamar Advertising by 12,278.7% during the 4th quarter. M&T Bank Corp now owns 1,147,876 shares of the real estate investment trust’s stock valued at $145,298,000 after acquiring an additional 1,138,603 shares during the period. Norges Bank acquired a new stake in shares of Lamar Advertising during the 2nd quarter worth $116,240,000. AQR Capital Management LLC grew its holdings in shares of Lamar Advertising by 123.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock worth $177,152,000 after purchasing an additional 816,217 shares in the last quarter. Finally, Egerton Capital UK LLP bought a new position in shares of Lamar Advertising in the third quarter worth $88,615,000. Institutional investors and hedge funds own 93.78% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. UBS Group set a $150.00 price objective on Lamar Advertising in a report on Monday, February 23rd. Morgan Stanley set a $140.00 price target on Lamar Advertising in a report on Tuesday, December 16th. Wells Fargo & Company boosted their price target on Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Weiss Ratings raised Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a report on Monday, February 23rd. Finally, TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Lamar Advertising currently has an average rating of “Moderate Buy” and a consensus target price of $139.80.

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.