3 stories mentioning LAMRUpdated 43d ago
Every FINWIRES story that references LAMR, newest first.
Jay LeCoryelle Johnson, CFO, Treasurer, Executive Vice President, on May 11, 2026, sold 10,000 shares in Lamar Advertising (LAMR) for $1,570,200.SEC Filing:https://www.sec.gov/Archives/edgar/data/1090425/000119248226000261/xslF345X05/form4.xml
Lamar Advertising's (LAMR) revenue guidance for the coming quarters may prove conservative as demand strengthens ahead of events such as the US midterm elections and the FIFA World Cup, Morgan Stanley said Friday in a report.Morgan Stanley boosted its 2026 revenue growth projection to 4.3% from 3.6%, citing strong Q1 results and expectations for a more robust political tailwind.Lamar is already 75% booked toward its full-year revenue goal, the highest level since before the pandemic, and Q1 results were solid across national, local and programmatic advertising, the report said.Morgan Stanley boosted its price target on Lamar stock to $160 from $145 with an equal-weight rating.Price: $154.97, Change: $+3.78, Percent Change: +2.50%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Lamar Advertising Company (LAMR) reported Q1 2026 revenue of $528M (+4.5% Y/Y), beating consensus by $5M, though down 11.4% sequentially as Q1 is typically the weakest quarter for outdoor advertising. Acquisition-adjusted revenue grew 3.9% Y/Y, marking the 20th consecutive quarter of positive Y/Y growth and demonstrating consistent operational momentum across market cycles. We view the sustained revenue growth streak and strong customer demand as supportive of LAMR's market position in the outdoor advertising space. Management highlighted strong demand from both local and national customers, with pacings trending at the top end of previously provided 2026 AFFO per diluted share guidance. Capex increased 10.9% Y/Y to $33M, though digital billboard spending declined 18.3% Y/Y to $13M, suggesting a more measured approach to digital expansion this quarter. We believe the positive pacing trends and robust customer demand position LAMR well for continued growth momentum through 2026.
