Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

LAMAR ADVERTISING CO/NEW
Next earnings Aug 6, 2026 · consensus $1.61 EPS, $616M rev
Last earnings +7.1% on 2026-05-07
High-quality, cash-rich billboard REIT with 34% operating margins, but low single-digit growth and heavy leverage cap the upside at 26x.
Sources: SEC EDGAR (CIK 0001090425, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:44:40 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Middling fundamentals offset by an attractive price (~47% below fair value) — worth a look on the value angle.
Lamar Advertising is a dominant outdoor-advertising REIT with a hard-to-replicate footprint — roughly 71,500 active leased sites, ~11,200 owned parcels and 126 owned operating facilities. The asset base produces highly attractive economics: a 34.2% operating margin, 25.9% net margin and a 57.3% return on equity. FY2025 revenue rose 2.7% to $2.27B and operating cash flow was a robust $864M, comfortably funding the REIT's distribution requirement (it must distribute at least 90% of REIT taxable income) and a much larger buyback ($158M vs a token prior-year amount).
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.79B | $2.03B | $2.11B | $2.21B | $2.27B |
| Gross profit | — | — | — | — | — |
| Operating income | $521M | $578M | $675M | $532M | $774M |
| Net income | $388M | $439M | $496M | $362M | $587M |
| Diluted EPS | $3.83 | $4.31 | $4.85 | $3.52 | $5.77 |
| Net margin | 21.7% | 21.6% | 23.5% | 16.4% | 25.9% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
1482 tracked peers · median
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
| 2026-06-12 | REILLY ANNA Director | Award | 485.00 | |
| 2026-05-14 | Landrieu Mitchell Director | Award | 542.00 | |
| 2026-05-14 | REIFENHEISER THOMAS V Director | Award | 542.00 | |
| 2026-05-14 | Fletcher Nancy Director | Award | 644.00 | |
| 2026-05-14 | KOERNER JOHN E III Director | Award | 644.00 | |
| 2026-05-14 | Reilly Wendell Director | Award | 508.00 | |
| 2026-05-14 | Thompson Elizabeth Mary Director | Award | 542.00 | |
| 2026-05-14 | LOEB MARSHALL A Director | Award | 542.00 |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.