Lamar Advertising: Solid Fundamentals Are Increasingly In The Price (Rating Downgrade) [Seeking Alpha]
Lamar Advertising Company - Class A (LAMR)
Last lamar advertising company - class a earnings: 2/20 06:00 am
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US:NASDAQ Investor Relations:
lamar.com/about/investors
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Source: Seeking Alpha
Play 9min Summary Lamar shares have performed well, given solid business results and declining bond yields. LAMR's focus on local advertising and ongoing conversion to digital billboards are sources of strength, though Hurricane Helene may dampen results. Long-term yields may have bottomed, meaning this tailwind is already in the price, and with a 6% FFO yield, shares are not unattractive and also not particularly compelling. belterz/iStock via Getty Images Shares of Lamar Advertising ( NASDAQ: LAMR ) have been an excellent performer over the past year, rising by 63%, as the company's strong cash flow and resilient local advertising market have aided results. I last covered Lamar in This article was written by Seeking Profits 4.16K Follower s Follow Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specif
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High impacting Lamar Advertising Company - Class A news events
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LAMR
News
- Lamar Advertising (NASDAQ: LAMR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Lamar Advertising Misses Q3 AFFO Estimates, Raises 2024 Guidance [Yahoo! Finance]Yahoo! Finance
- Lamar Advertising (NASDAQ: LAMR) had its price target lowered by analysts at Wells Fargo & Company from $132.00 to $124.00. They now have an "equal weight" rating on the stock.MarketBeat
- Lamar Advertising (NASDAQ: LAMR) had its price target raised by analysts at TD Cowen from $142.00 to $160.00. They now have a "buy" rating on the stock.MarketBeat
- Lamar Advertising (NASDAQ: LAMR) had its price target raised by analysts at Morgan Stanley from $125.00 to $135.00. They now have an "equal weight" rating on the stock.MarketBeat
LAMR
Earnings
- 11/8/24 - Miss
LAMR
Sec Filings
- 11/8/24 - Form 8-K
- 9/25/24 - Form 8-K
- LAMR's page on the SEC website