Lamar Advertising Company (LAMR) is a publicly traded company in the Real Estate — REIT - Specialty industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Established in 1902, Lamar Advertising (Nasdaq: LAMR) operates as a major force in the North American outdoor advertising landscape, boasting a portfolio of over 352,000 displays across the United States and Canada. Lamar furnishes advertisers with an extensive array of formats, encompassing traditional billboards, interstate logo displays, transit advertising, and airport placements.
Is Lamar Advertising Company stock overvalued or undervalued in 2026?
Lamar Advertising Company (LAMR) trades at 28.7× earnings (P/E). At its 10-year average P/FFO (17.1×) $155 (-1 %); at the decade median (14.3×) $129 (-18 %).
Kaplio overview: Lamar Advertising Company
Market cap $16B · 52 weeks $116 – $164 (4 % below the high) · P/E 28.7× · 2027 expected P/E 25.1× · Dividend 4.2 % · 5 years rising · Next earnings November 5, 2026 · expected EPS $1.65 · Closing price, Oct 30 · accounts published Aug 6.
- Valuation: P/FFO 17.4× (fairly priced).
- Business: FFO/dividend 1.4× (solid).
- Balance sheet: Net debt/EBITDA 5.6× (passes, near the threshold).
- Earnings: 3 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (17.1×) $155 (-1 %); at the decade median (14.3×) $129 (-18 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 3 of 5 pass
- Debt / Assets 89.2 %, fails.
- P/FFO 17.4×, borderline.
- Dividend coverage (FFO/div) 1.4×, passes.
- Net debt / EBITDA 5.6×, passes, near the threshold.
- FFO Payout (proxy) 75.9 %, passes, near the threshold.
- FFO / Share $9.06, info.
Against its peers (reference peers) — Lamar Advertising Company: P/B 16.2×; Div. yield 4.2 %; EV/EBITDA 20.4×; $16.0B. Outfront Media Inc. (P/B 8.1×; Div. yield 3.8 %; EV/EBITDA 17.6×; $5.6B), Weyerhaeuser Company (P/B 1.6×; Div. yield 4.1 %; EV/EBITDA 17.3×; $14.7B), SBA Communications Corporation (P/B —; Div. yield 2.6 %; EV/EBITDA 17.2×; $19.9B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 17.4× · median 14.3× · minimum 12.1× · maximum 45.9× · cheap below 13.4× · expensive above 15.2×. It has been cheaper than today 90% of the time over its last ten fiscal years.
Dividend
tight · Yield 4.2 % ($6.46 per share in 2025) · Years raising it 5 · 5-year growth +21 % a year · Free cash flow coverage FFO payout 76 % · With $1,000 invested today you'd collect $41.80 a year ($3.48 a month).
Profitability
| Return on Equity | 55.48% |
| Return on Invested Capital | 9.56% |
| Return on Assets | 7.94% |
| Gross Margin | 32.32% |
| Operating Margin | 27.97% |
| Net Margin | 23.90% |
Financial Health
| Debt / Equity | 5.00 |
| Current Ratio | 0.64 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 1.74 |
Price Performance
| 1 month | +9.90% |
| 3 months | -1.52% |
| Year-to-date | +24.45% |
| 1 year | +32.84% |
| 3 years | +92.13% |
| 5 years | +34.62% |
| 10 years | +151.44% |
Dividend History
Paid in the last 12 months: $6.6500 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-21 | $1.6500 |
| 2026-06-16 | $1.6000 |
| 2026-03-16 | $1.6000 |
| 2025-12-22 | $1.8000 |
| 2025-09-19 | $1.5500 |
| 2025-06-16 | $1.5500 |
| 2025-03-14 | $1.5500 |
| 2024-12-18 | $1.6500 |
| 2024-09-18 | $1.4000 |
| 2024-06-17 | $1.3000 |
Amounts adjusted for stock splits.
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Explore sector: Real Estate · REIT - Specialty
More sections of LAMR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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