Lamar Advertising (LAMR) – Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Lamar Advertising (NASDAQ: LAMR) in the last few weeks:

• 5/22/2026 – Lamar Advertising had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 5/14/2026 – Lamar Advertising had its price target raised by TD Cowen from $150.00 to $170.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Lamar Advertising had its price target raised by Wells Fargo & Company from $136.00 to $150.00. They now have an “equal weight” rating on the stock.
• 5/7/2026 – Lamar Advertising was given a new $145.00 price target by Morgan Stanley.

Lamar Advertising Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Lamar Advertising’s payout ratio is currently 118.08%.

Insider Activity at Lamar Advertising

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the business’s stock in a transaction 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 sale, the executive vice president owned 15,850 shares of the company’s stock, valued at approximately $2,039,102.50. The trade was a 27.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 15.24% of the company’s stock.

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.