Thomas Reifenheiser Sells 8,099 Shares of Lamar Advertising (NASDAQ:LAMR) Stock

Posted by Francis Steltz on Sep 16th, 2026

Lamar Advertising Company (NASDAQ:LAMR – Get Free Report) Director Thomas Reifenheiser sold 8,099 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $149.03, for a total value of $1,206,993.97. Following the completion of the transaction, the director directly owned 36,387 shares of the company’s stock, valued at approximately $5,422,754.61. The trade was a 18.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Lamar Advertising Price Performance

Shares of Lamar Advertising stock traded down $0.29 during midday trading on Wednesday, hitting $147.53. 470,942 shares of the company were exchanged, compared to its average volume of 417,415. The firm has a 50 day simple moving average of $155.08 and a 200-day simple moving average of $146.86. The company has a debt-to-equity ratio of 3.29, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $14.98 billion, a P/E ratio of 26.92 and a beta of 1.17. Lamar Advertising Company has a 52 week low of $114.45 and a 52 week high of $166.33.

Lamar Advertising (NASDAQ:LAMR – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.58. Lamar Advertising had a return on equity of 54.94% and a net margin of 23.90%.The firm had revenue of $616.75 million for the quarter, compared to analysts’ expectations of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. Research analysts forecast that Lamar Advertising Company will post 8.43 earnings per share for the current year.

Lamar Advertising Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a $1.65 dividend. This represents a $6.60 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Monday, September 21st. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.60. Lamar Advertising’s payout ratio is currently 116.79%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LAMR. Citigroup downgraded shares of Lamar Advertising from a “buy” rating to a “neutral” rating and lifted their price target for the company from $145.00 to $160.00 in a report on Friday, July 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lamar Advertising in a report on Wednesday, August 19th. JPMorgan Chase & Co. lifted their target price on shares of Lamar Advertising from $153.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Wells Fargo & Company boosted their target price on Lamar Advertising from $150.00 to $151.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 12th. Finally, Morgan Stanley set a $170.00 price target on Lamar Advertising in a research report on Friday, August 7th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $160.17.

View Our Latest Research Report on Lamar Advertising

Hedge Funds Weigh In On Lamar Advertising

A number of institutional investors have recently modified their holdings of LAMR. Tucker Asset Management LLC acquired a new position in shares of Lamar Advertising during the fourth quarter worth approximately $25,000. Parkside Financial Bank & Trust raised its position in Lamar Advertising by 53.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 243 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 85 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Lamar Advertising by 48.1% during the 4th quarter. Larson Financial Group LLC now owns 317 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 103 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in Lamar Advertising by 451.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 259 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 212 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in Lamar Advertising during the 1st quarter worth $40,000. 93.78% of the stock is owned by institutional investors.

Lamar Advertising Company Profile

(Get Free Report)

Lamar Advertising Company is an outdoor advertising company that provides businesses and organizations with advertising displays across the United States. Its offerings include traditional and digital billboards, as well as advertising displays on buses, benches, shelters and other transit-related assets.

The company also provides advertising opportunities at airports and other specialty locations. Its digital display network enables advertisers to deliver changing messages and campaigns, while its traditional billboard inventory supports longer-term brand awareness and local advertising initiatives.

Founded in 1902, Lamar Advertising has grown from a regional sign and billboard business into one of North America’s major out-of-home advertising providers.