LAMAR ADVERTISING CO/NEW
At today's price, LAMAR ADVERTISING CO/NEW (LAMR) is priced for +11.3% FFO growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Lamar is the largest billboard owner in North America, a real-estate trust whose assets are roadside displays rather than buildings, increasingly converting them to higher-yielding digital boards that now drive over 30% of revenue [Source: Lamar Q1 2026 results, May 2026]. • The price carries the richest valuation in the REIT group: at roughly 21 times adjusted funds from operations it embeds about 10.6% annual AFFO growth, the most demanding end of the scale for a real-estate trust. • Watch d
Is LAMR overvalued? See what's priced in →
674 institutional managers reported holding LAMR in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 43%. 63 opened new positions that quarter. Held by Vanguard Group, BlackRock, FMR (Fidelity), among others. On the short side, 4.0M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (8.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
LAMR's share count is about flat over the past five years ($186.19M of repurchases, offset by issuance). It pays a dividend, and has for 10 years running, raised 2 years straight; the current rate is $6.45 a share annually. Cash returned over the past three years: $1.65B in dividends and $169.39M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at LAMR over the trailing three years: 2023: 1 buy totaling $9k; 2025: 1 buy totaling $29k. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
LAMR's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | -7.3% | -11.8% |
| 2023-11-03 | +15.9% | +7.8% |
| 2024-02-24 | -2.4% | +3.9% |
| 2024-05-03 | -2.1% | +3.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
LAMR's latest 8-K filings: 2026-05-19 (items 5.02, 5.07, 9.01); 2026-05-14 (items 8.01, 9.01); 2026-05-07 (items 2.02, 9.01); 2026-02-26 (items 8.01, 9.01); 2026-02-20 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.