LAMR has a market capitalization of $6,916,119,999 -- more than approximately 83.01% of US stocks.
LAMR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 465.01 -- higher than 92.64% of US-listed equities with positive expected earnings growth.
For LAMR, its debt to operating expenses ratio is greater than that reported by 87.1% of US equities we're observing.
Stocks that are quantitatively similar to LAMR, based on their financial statements, market capitalization, and price volatility, are OUT, WLK, VIRT, VRTS, and SUM.
Lamar Advertising operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays. The company was founded in 1902 and is based in Baton Rouge, Louisiana.
LAMR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Lamar Advertising Co. To summarize, we found that Lamar Advertising Co ranked in the 51th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Lamar Advertising Co, consider:
Lamar Advertising Co's weighted average cost of capital (WACC) is 6%; for context, that number is higher than only 9.67% of tickers in our DCF set.
Lamar Advertising Co's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 12.11% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as LAMR, try CXW, CUZ, SITC, CDR, and RLGY.
Lamar Advertising Company (LAMR) announced today that its wholly owned subsidiary, Lamar Media Corp., has agreed to sell $400.0 million in aggregate principal amount of 4 7/8% Senior Notes due 2029 (the “Notes”) through an institutional private placement. The proceeds, after the payment of fees and expenses, to Lamar Media of this offering are expected to be approximately $394.5 million. Lamar Media intends to use the proceeds of this offering, after the payment of fees and expenses, (i) to repay indebtedness outstanding under the revolving portion of its senior credit facility, and (ii) the remainder, if any, to fund working capital needs or for general corporate purposes.
Moody's Investors Service, (Moody's) downgraded Lamar Advertising Company's (Lamar) corporate family rating (CFR) to Ba3 from Ba2 and the probability of default rating (PDR) to Ba3-PD from Ba2-PD. In addition, Moody's assigned a Ba3 rating to subsidiary, Lamar Media Corporation's (Lamar Media) proposed senior unsecured notes.
Lamar Advertising Company (LAMR) announced today that it is seeking to raise approximately $400.0 million through an institutional private placement of senior notes (the “Notes”) by its wholly owned subsidiary, Lamar Media Corp., subject to market conditions. Lamar Media intends to use the proceeds of this offering, after the payment of fees and expenses, (i) to repay indebtedness outstanding under the revolving portion of its senior credit facility, and (ii) the remainder, if any, to fund working capital needs or for general corporate purposes. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, any securities, nor shall there be any sales of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior...