News articles about Lamar Advertising (NASDAQ:LAMR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lamar Advertising earned a news impact score of 0.19 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 45.5170640377501 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

A number of research analysts have recently commented on the company. BidaskClub upgraded Lamar Advertising from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Citigroup cut Lamar Advertising from a “neutral” rating to a “sell” rating and set a $68.00 price target for the company. in a research note on Wednesday, December 20th. Zacks Investment Research cut Lamar Advertising from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. ValuEngine cut Lamar Advertising from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Morgan Stanley increased their price target on Lamar Advertising from $68.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, February 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $72.25.

Shares of Lamar Advertising (NASDAQ:LAMR) traded up $0.98 during trading hours on Wednesday, reaching $68.03. The company had a trading volume of 855,878 shares, compared to its average volume of 603,109. The company has a market cap of $6,610.63, a price-to-earnings ratio of 21.60, a P/E/G ratio of 4.36 and a beta of 1.02. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.55 and a current ratio of 1.55. Lamar Advertising has a twelve month low of $62.45 and a twelve month high of $79.17.

In related news, Director Stephen P. Mumblow sold 4,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $78.33, for a total transaction of $313,320.00. Following the completion of the transaction, the director now directly owns 11,031 shares of the company’s stock, valued at approximately $864,058.23. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 14.70% of the stock is owned by company insiders.

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About Lamar Advertising

Lamar Advertising Company is an outdoor advertising company in the United States. The Company operates in the advertising segment. The Company sells advertising on billboards, buses, shelters, benches and logo plates. It operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays.

Insider Buying and Selling by Quarter for Lamar Advertising (NASDAQ:LAMR)

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