# Lamar Advertising Company (LAMR)

> Source: Nexqual · https://nexqual.com/LAMR · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Lamar Advertising Company (LAMR), nexqual.com/LAMR" · informational, not investment advice.

**Price:** USD 157.51 (+1.57% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 155.08 · day 154.89–157.72 · 52w 114.45–166.33 · market cap $16.0B · NMS

## Key facts
- 3 of 80 tracked superinvestors hold LAMR (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 0 added, 1 reduced, 2 unchanged.
- Total return with dividends: 1Y +37.6% vs S&P 500 +14.9%; 5Y +74.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 1.65, revenue estimate $622M.

## Superinvestors (SEC 13F-HR, Q2 2026)
3 of 80 tracked investors hold LAMR (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| John Armitage | Egerton Capital | 1.27% | $125M | Reduced -20.4% | Q3 2026 |
| Thomas Gayner | Markel Group | 0.23% | $30.1M | Unchanged | Q2 2026 |
| Thomas Russo | Gardner Russo & Quinn | 0.01% | $837K | Unchanged | Q2 2026 |

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-12 | Wells Fargo | Target raised | Equal-Weight | $150 → $151 |
| 2026-08-07 | JP Morgan | Target raised | Neutral | $153 → $160 |
| 2026-07-10 | Citigroup | Downgrade | Buy → Neutral | $145 → $160 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +37.6% | +74.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +37.8% | +11.8% |
| Volatility (annualized) | 20.6% | 25.8% |
| Max drawdown | -11.8% (Jul 2026→Oct 2026) | -29.5% (Dec 2021→Sep 2022) |

## Peers (REIT - Specialty)
WY (Weyerhaeuser Company) USD 19.82 +4.43% · SBAC (SBA Communications Corporation) USD 178.39 +2.87% · GLPI (Gaming and Leisure Properties, ) USD 40.02 +4.35% · IRM (Iron Mountain Incorporated (Del) USD 110.66 -3.54% · CCI (Crown Castle Inc.) USD 78.83 +0.23% · RYN (Rayonier Inc. REIT) USD 18.72 +1.74%

## More
Full page: https://nexqual.com/LAMR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.65 | $1.62 | +1.5% | $621.9M | 4 |
| Next quarter (ends 2026-12-31) | $1.68 | $1.72 | -2.3% | $632.1M | 4 |
| Current fiscal year (ends 2026-12-31) | $6.06 | $6.08 | -0.4% | $2.40B | 2 |
| Next fiscal year (ends 2027-12-31) | $6.28 | $6.31 | -0.5% | $2.49B | 4 |