Professional
Added to YB: 2024-04-02
Pitch date: 2023-12-31
LAMR [bullish]
Lamar Advertising Company
+36.23%
current return
Author Info
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Company Info
Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 362,000 displays across the United States and Canada.
Market Cap
$12.8B
Pitch Price
$94.10
Price Target
N/A
Dividend
5.09%
EV/EBITDA
12.33
P/E
21.95
EV/Sales
7.81
Sector
Specialized REITs
Category
growth
Show full summary:
Artisan Mid Cap Value Fund Portfolio Holding: Lamar Advertising Company
LAMR: Outdoor ad co. with billboards & transit ads. Q3 beat on revs & margins despite tough ad market. Stock +28% in Q4 after -14% in Q3, but biz steady. High single digit organic growth + tuck-in M&A long-term. Consistent FCF generation & shareholder returns. Fits our process.
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