Lamar Advertising Company Class A Common Stock (LAMR)

FairStock Score: 67/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-style investor, I start with what I can understand: Lamar owns over 362,000 outdoor advertising displays, mostly billboards, in the U.S. and Canada. Local and national advertisers need those locations, and permits and density give it a durable edge. The revenue trend is steady: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $616.7M and net income was $160.7M; in fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $528.0M and net income was $101.3M. In fiscal 2025, the year ended 2025-12-31, revenue was $2.3B, up from $2.2B in fiscal 2024, the year ended 2024-12-31, and $2.1B in fiscal 2023, the year ended 2023-12-31. Net income in fiscal 2024 was $361.9M, down from $495.8M in fiscal 2023. Because this is a REIT, depreciation distorts EPS and P/E. FFO/AFFO, the right REIT measures, are not in the data. I do not use the Graham Number or margin of safety here, so I lean on dividend yield, leverage, revenue trend, and price-to-book. At the $146.45 close on 2026-10-13, the provided dividend yield is 4.49%, while FairStock's calculated P/E is 26.72, P/B is 15.14, and FCF yield is 4.8%. Debt is heavy: D/E 5.00, and FairStock's Altman Z-Score is 1.39. Piotroski is 8/9, a positive sign. The Lynch category is STALWART: 19.3% annual profit growth over five years and 7.6% revenue growth. But the provided profit growth is -27.00%, so the record is mixed. FairStock's ROE is 59.43%, likely flattered by leverage, while ROCE is 6.60%. The price looks full, not cheap; I would want FFO/AFFO and leverage details before paying up.

In plain English: Lamar Advertising owns billboards and other outdoor ad displays across the U.S. and Canada. Revenue has been moving higher and the dividend is meaningful, but the company carries a lot of debt and the shares look expensive compared with its profits and assets. Overall, the business looks steady, but the price looks stretched.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer