Lamar Advertising (LAMR)
Market Price (2/3/2026): $127.78 | Market Cap: $12.9 BilSector: Real Estate | Industry: Other Specialized REITs
Lamar Advertising (LAMR)
Market Price (2/3/2026): $127.78Market Cap: $12.9 BilSector: Real EstateIndustry: Other Specialized REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32% | Trading close to highsDist 52W High is -3.8%, Dist 3Y High is -3.8% | Key risksLAMR key risks include [1] the existential threat of autonomous vehicles rendering its core billboard assets ineffective, Show more. |
| Attractive yieldFCF Yield is 5.5% | Weak multi-year price returns2Y Excs Rtn is -10%, 3Y Excs Rtn is -29% | |
| Low stock price volatilityVol 12M is 27% | ||
| Megatrend and thematic driversMegatrends include Out-of-Home Media Evolution. Themes include Digital Out-of-Home Advertising, and Programmatic OOH. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32% |
| Attractive yieldFCF Yield is 5.5% |
| Low stock price volatilityVol 12M is 27% |
| Megatrend and thematic driversMegatrends include Out-of-Home Media Evolution. Themes include Digital Out-of-Home Advertising, and Programmatic OOH. |
| Trading close to highsDist 52W High is -3.8%, Dist 3Y High is -3.8% |
| Weak multi-year price returns2Y Excs Rtn is -10%, 3Y Excs Rtn is -29% |
| Key risksLAMR key risks include [1] the existential threat of autonomous vehicles rendering its core billboard assets ineffective, Show more. |
Qualitative Assessment
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Lamar Advertising (LAMR) stock has gained about 10% since 10/31/2025 because of the following key factors:
1. Strong Q3 2025 Earnings and Positive Outlook.
Lamar Advertising reported strong financial results for the third quarter of 2025, with earnings per share (EPS) of $2.20, surpassing analyst estimates of $2.14. The company's revenue of $585.5 million also exceeded expectations. This performance was coupled with management reaffirming its Adjusted Funds From Operations (AFFO) guidance for 2025, which provided investors with confidence in the company's financial stability and future prospects. Furthermore, analysts projected robust future growth, forecasting a 13.4% annual increase in earnings and a 4.1% increase in revenue.
2. Increased Analyst Confidence and Elevated Price Targets.
During this period, several Wall Street analysts expressed increased confidence in Lamar Advertising, issuing "Buy" ratings and raising their price targets for LAMR. For instance, in November 2025, Citigroup upgraded its price objective from $135.00 to $145.00 with a "buy" rating. The consensus analyst rating for Lamar Advertising was "Buy" with an average price target of $131.75 as of November 2025, projecting a potential increase in the stock price. By February 2026, the average twelve-month stock price forecast from analysts stood at $133.00, with some individual targets reaching $145.00.
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1. Strong Q3 2025 Earnings and Positive Outlook.
Lamar Advertising reported strong financial results for the third quarter of 2025, with earnings per share (EPS) of $2.20, surpassing analyst estimates of $2.14. The company's revenue of $585.5 million also exceeded expectations. This performance was coupled with management reaffirming its Adjusted Funds From Operations (AFFO) guidance for 2025, which provided investors with confidence in the company's financial stability and future prospects. Furthermore, analysts projected robust future growth, forecasting a 13.4% annual increase in earnings and a 4.1% increase in revenue.
2. Increased Analyst Confidence and Elevated Price Targets.
During this period, several Wall Street analysts expressed increased confidence in Lamar Advertising, issuing "Buy" ratings and raising their price targets for LAMR. For instance, in November 2025, Citigroup upgraded its price objective from $135.00 to $145.00 with a "buy" rating. The consensus analyst rating for Lamar Advertising was "Buy" with an average price target of $131.75 as of November 2025, projecting a potential increase in the stock price. By February 2026, the average twelve-month stock price forecast from analysts stood at $133.00, with some individual targets reaching $145.00.
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Stock Movement Drivers
Fundamental Drivers
The 9.3% change in LAMR stock from 10/31/2025 to 2/2/2026 was primarily driven by a 10.7% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 116.92 | 127.79 | 9.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,228 | 2,250 | 1.0% |
| Net Income Margin (%) | 19.7% | 19.3% | -2.2% |
| P/E Multiple | 26.9 | 29.8 | 10.7% |
| Shares Outstanding (Mil) | 101 | 101 | 0.0% |
| Cumulative Contribution | 9.3% |
Market Drivers
10/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| LAMR | 9.3% | |
| Market (SPY) | 2.0% | 9.1% |
| Sector (XLRE) | 0.1% | 52.5% |
Fundamental Drivers
The 7.4% change in LAMR stock from 7/31/2025 to 2/2/2026 was primarily driven by a 3.3% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 119.03 | 127.79 | 7.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,214 | 2,250 | 1.6% |
| Net Income Margin (%) | 19.1% | 19.3% | 1.0% |
| P/E Multiple | 28.9 | 29.8 | 3.3% |
| Shares Outstanding (Mil) | 102 | 101 | 1.2% |
| Cumulative Contribution | 7.4% |
Market Drivers
7/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| LAMR | 7.4% | |
| Market (SPY) | 10.3% | 19.8% |
| Sector (XLRE) | -0.3% | 55.9% |
Fundamental Drivers
The 6.7% change in LAMR stock from 1/31/2025 to 2/2/2026 was primarily driven by a 24.7% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 119.79 | 127.79 | 6.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,183 | 2,250 | 3.0% |
| Net Income Margin (%) | 23.5% | 19.3% | -17.8% |
| P/E Multiple | 23.9 | 29.8 | 24.7% |
| Shares Outstanding (Mil) | 102 | 101 | 1.1% |
| Cumulative Contribution | 6.7% |
Market Drivers
1/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| LAMR | 6.7% | |
| Market (SPY) | 16.6% | 59.9% |
| Sector (XLRE) | 1.2% | 64.7% |
Fundamental Drivers
The 39.6% change in LAMR stock from 1/31/2023 to 2/2/2026 was primarily driven by a 59.1% change in the company's P/E Multiple.| (LTM values as of) | 1312023 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 91.53 | 127.79 | 39.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,991 | 2,250 | 13.0% |
| Net Income Margin (%) | 24.9% | 19.3% | -22.6% |
| P/E Multiple | 18.8 | 29.8 | 59.1% |
| Shares Outstanding (Mil) | 102 | 101 | 0.3% |
| Cumulative Contribution | 39.6% |
Market Drivers
1/31/2023 to 2/2/2026| Return | Correlation | |
|---|---|---|
| LAMR | 39.6% | |
| Market (SPY) | 77.5% | 57.8% |
| Sector (XLRE) | 10.7% | 63.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LAMR Return | 51% | -18% | 19% | 20% | 10% | 1% | 96% |
| Peers Return | 48% | -37% | 8% | 2% | 30% | -2% | 31% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| LAMR Win Rate | 75% | 33% | 42% | 67% | 58% | 50% | |
| Peers Win Rate | 67% | 42% | 42% | 42% | 50% | 17% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| LAMR Max Drawdown | -5% | -29% | -13% | -5% | -15% | -2% | |
| Peers Max Drawdown | -12% | -49% | -32% | -19% | -28% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: OUT, CCO, BOC. See LAMR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/2/2026 (YTD)
How Low Can It Go
| Event | LAMR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -32.6% | -25.4% |
| % Gain to Breakeven | 48.3% | 34.1% |
| Time to Breakeven | 696 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -66.4% | -33.9% |
| % Gain to Breakeven | 197.5% | 51.3% |
| Time to Breakeven | 357 days | 148 days |
| 2018 Correction | ||
| % Loss | -20.8% | -19.8% |
| % Gain to Breakeven | 26.2% | 24.7% |
| Time to Breakeven | 165 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -92.3% | -56.8% |
| % Gain to Breakeven | 1192.1% | 131.3% |
| Time to Breakeven | 2,864 days | 1,480 days |
Compare to OUT, CCO, BOC
In The Past
Lamar Advertising's stock fell -32.6% during the 2022 Inflation Shock from a high on 12/30/2021. A -32.6% loss requires a 48.3% gain to breakeven.
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About Lamar Advertising (LAMR)
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 3,800 displays.
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Here are 1-3 brief analogies for Lamar Advertising (LAMR):
- Lamar Advertising is like the Simon Property Group for outdoor advertising, owning and leasing prime physical locations (billboards and displays) rather than retail spaces.
- Think of them as the AT&T or Verizon of physical ad space, owning the "towers" (billboards and digital displays) and selling access to that infrastructure for advertising.
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- Billboards: Providing advertising space on both traditional static and modern digital billboards across various locations.
- Transit Advertising: Offering ad placements on buses, bus shelters, benches, and other public transit infrastructure.
- Interstate Logo Signs: Operating business directional signs on interstates and highways, guiding motorists to services like food, gas, and lodging.
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Lamar Advertising (LAMR) primarily sells its advertising space to other businesses (companies).
According to their most recent annual report (10-K), Lamar has a highly diversified customer base, with no single customer accounting for more than 1% of their consolidated revenues. Therefore, it is not possible to identify specific "major customer companies" with their symbols.
However, Lamar serves a wide array of advertisers from various industries. These customer categories include, but are not limited to:
- Retail businesses
- Healthcare providers
- Financial institutions
- Automotive companies
- Telecommunications firms
- Local, regional, and national advertisers across many other sectors
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Sean Reilly, President and Chief Executive Officer Sean E. Reilly has served as Chief Executive Officer of Lamar Advertising since February 2011 and as President since February 2020. He is a fourth-generation member of the family business, which was founded by his mother's grandfather in 1902. Prior to becoming CEO, Mr. Reilly served as Chief Operating Officer and President of the Company's Outdoor Division, and he began working with Lamar in 1987. He previously held the position of President of TLC Properties and also served as Chief Executive Officer of Wireless One, Inc. from 1994 to 1997. Mr. Reilly was a State Representative in the Louisiana Legislature from 1988 to 1996. Under his leadership, Lamar launched the industry's first digital billboard network in 2001 and converted to a real estate investment trust (REIT) in 2014. He received his law degree from Harvard Law School and his undergraduate degree from Harvard University. Jay Johnson, Executive Vice President and Chief Financial Officer Jay L. Johnson joined Lamar Advertising as Executive Vice President, Chief Financial Officer, and Treasurer in October 2019. Before joining Lamar, Mr. Johnson was the Executive Vice President and Chief Financial Officer of DiamondRock Hospitality Company, a real estate investment trust, since April 2018. Prior to that, he served as Senior Vice President and Treasurer at Host Hotels & Resorts, an S&P 500 company, where he managed over $14 billion in debt and equity capital transactions across 12 countries. His career also includes banking roles at KeyBank Real Estate Capital and Bank of America, as well as positions in the management consulting practice of Deloitte & Touche LLP, the investment banking group at Prudential Securities, and the industrial markets trading division of Enron Corp. He currently serves as a director at SBA Communications and Newell Brands. Mr. Johnson holds an MBA from Harvard Business School and a BA in Economics from Morehouse College. Buster Kantrow, Executive Vice President of Business Development Buster Kantrow serves as the Executive Vice President of Business Development for Lamar Advertising. Hal Kilshaw, Executive Vice President of Governmental Relations Hal Kilshaw serves as the Executive Vice President of Governmental Relations for Lamar Advertising. John Miller, Executive Vice President of Sales and Marketing John Miller serves as the Executive Vice President of Sales and Marketing for Lamar Advertising. He is also listed as EVP of Sales & Sales Operations.AI Analysis | Feedback
The key risks to Lamar Advertising (LAMR) are primarily centered on the long-term impact of technological advancements, the cyclical nature of the advertising market, and the company's significant debt levels.
- Risk of Autonomous Vehicles: The most significant long-term risk identified is the widespread adoption of self-driving cars. This poses an "existential risk" to billboard advertising as autonomous vehicles could eliminate the need for drivers to focus on the road, potentially diminishing the effectiveness and value of outdoor advertisements.
- Economic Sensitivity and Cyclical Advertising Market: Lamar Advertising's financial performance is highly sensitive to general economic conditions and trends in advertising spending. A weakening economy or a slowdown in advertising, particularly in local and regional markets which represent a substantial portion of Lamar's revenue, can lead to reduced advertising budgets and lower occupancy rates on its displays, directly impacting revenue and profitability.
- Significant Indebtedness and Interest Rate Fluctuations: As a Real Estate Investment Trust (REIT), Lamar Advertising maintains a substantial amount of debt. Rising interest rates increase the cost of capital for financing acquisitions and the ongoing conversion to digital billboards, which can limit the company's financial flexibility and increase its vulnerability, especially during economic downturns.
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Lamar Advertising Company (LAMR) primarily operates in the out-of-home (OOH) advertising industry, with its main products and services encompassing billboards (static and digital), transit advertising, and street furniture displays. The addressable markets for these products and services are largely within the broader U.S. Out-of-Home Advertising market.
- U.S. Out-of-Home (OOH) Advertising Market: The U.S. billboard and outdoor advertising market generated approximately $10.23 billion in revenue in 2024. This market is projected to grow at a compound annual growth rate (CAGR) of 8.4% from 2025 to 2030, reaching an estimated $16.55 billion by 2030.
- U.S. Digital Out-of-Home (DOOH) Advertising Market: Digital out-of-home advertising, a significant and growing segment of the OOH market, represented approximately 42% of the total U.S. out-of-home advertising market in 2024. Based on the total OOH market revenue, this would approximate to about $4.3 billion in 2024. This segment is expected to continue its growth at a CAGR of 6.2% through 2030.
Transit advertising, including displays on buses, subways, and at airports, is a key component within the overall U.S. out-of-home advertising market.
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Here are 3-5 expected drivers of future revenue growth for Lamar Advertising (LAMR) over the next 2-3 years:
- Strategic Acquisitions: Lamar Advertising has demonstrated a consistent strategy of opportunistic acquisitions, with approximately $300 million spent on acquisitions in 2025, including Verde Outdoor for $147.6 million. Management anticipates continued acquisition activity, which is expected to be a significant driver of Adjusted Funds From Operations (AFFO) per share growth and overall revenue.
- Expansion of Digital Billboard Portfolio: The company is actively expanding its digital billboard network. As of Q3 2025, Lamar had 5,442 digital units in operation, an increase of approximately 450 year-to-date. Digital billing grew 5% (3.4% on a same-store basis) and now represents 31% of total billboard billing. This expansion is expected to capture increasing demand for dynamic and high-impact advertising solutions, supporting revenue growth through premium inventory and dynamic pricing.
- Political Advertising Spending: Political advertising is projected to be a significant revenue tailwind in 2026. This is due to lower political ad revenue in 2025 compared to 2024, setting up a favorable comparison for the upcoming election cycle.
- Growth in National and Programmatic Advertising: Lamar has experienced strong performance in its national and programmatic advertising channels. National and programmatic growth saw a 5.5% increase in Q3 2025, with programmatic specifically growing over 13%. This robust performance in these segments is expected to continue contributing positively to revenue.
- Rate-Driven Revenue Increases: The company's pro forma revenue increases have been primarily driven by rate adjustments over several quarters. This indicates a continued ability to implement price increases across its advertising inventory, contributing to overall revenue growth.
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Share Repurchases
- In May 2025, Lamar Advertising's board approved a $150 million increase to its stock repurchase authorization, bringing the total available for future repurchases to $250 million.
- The company completed $150 million in stock repurchases under its existing program prior to this increase.
- In the first quarter of 2025, Lamar repurchased $150 million of its stock at an average price of over $108 per share.
Share Issuance
- In 2024, no shares were issued under Lamar's 'At-the-Market' offering program, which had authorized the issuance of up to $400.0 million in Class A common stock.
- In July 2025, Lamar acquired Verde Outdoor for $147.642 million by issuing 1,187,500 Lamar LP Common Units, which are convertible into cash or shares of Class A common stock.
Outbound Investments
- Lamar acquired Verde Outdoor in July 2025 for $147.642 million, adding more than 1,500 billboard faces, including 80 digital displays, across ten states. This was noted as the first-ever UPREIT transaction in the billboard industry for Lamar.
- Year-to-date as of Q3 2025, the company completed over 30 asset acquisitions for $133.894 million in cash. Additionally, in May 2025, Lamar acquired Premier Outdoor Media's assets, enhancing its presence in the Northeast Corridor.
- In 2024, Lamar completed 24 acquisitions for approximately $45.4 million in cash. The company also divested its 20% interest in Vistar Media for $115 million, with a potential for an additional $15 million from escrow.
Capital Expenditures
- Lamar's total capital spending and acquisitions were $317 million in 2023, which decreased to $170 million in 2024.
- For 2025, the company expects to spend approximately $195 million on capital expenditures and a total of $345 million on capital expenditures and acquisitions.
- A primary focus of capital expenditures is reinvesting in existing assets and expanding its digital billboard platform; for example, $60.7 million was allocated to digital technology in 2024, and the company has a "stretch goal" of around 375 new digital units in 2025. Lamar also purchased 150 easements under billboards in 2024, aiming to own the land under billboards before converting them to digital.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 19.00 |
| Mkt Cap | 2.7 |
| Rev LTM | 1,690 |
| Op Inc LTM | 295 |
| FCF LTM | 102 |
| FCF 3Y Avg | 80 |
| CFO LTM | 201 |
| CFO 3Y Avg | 170 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.1% |
| Rev Chg 3Y Avg | 2.8% |
| Rev Chg Q | 3.8% |
| QoQ Delta Rev Chg LTM | 0.9% |
| Op Mgn LTM | 17.6% |
| Op Mgn 3Y Avg | 17.8% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 18.1% |
| CFO/Rev 3Y Avg | 16.1% |
| FCF/Rev LTM | 5.0% |
| FCF/Rev 3Y Avg | 2.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.7 |
| P/S | 2.9 |
| P/EBIT | 15.6 |
| P/E | -76.7 |
| P/CFO | 14.1 |
| Total Yield | 1.6% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 0.7% |
| D/E | 0.7 |
| Net D/E | 0.7 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.1% |
| 3M Rtn | 15.1% |
| 6M Rtn | 25.4% |
| 12M Rtn | 26.5% |
| 3Y Rtn | 21.5% |
| 1M Excs Rtn | 0.2% |
| 3M Excs Rtn | 13.7% |
| 6M Excs Rtn | 17.9% |
| 12M Excs Rtn | 11.1% |
| 3Y Excs Rtn | -38.6% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Billboard | 1,878 | 1,814 | 1,614 | 1,403 | 1,538 |
| Other | 233 | ||||
| Logo advertising | 80 | 78 | 83 | 84 | |
| Transit advertising | 138 | 96 | 83 | 132 | |
| Total | 2,111 | 2,032 | 1,787 | 1,569 | 1,754 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Billboard | 1,025 | ||||
| Other | 56 | ||||
| Gain on disposition of assets and investments | 5 | ||||
| Capitalized contract fulfillment costs, net | 0 | ||||
| Transaction expenses | 0 | ||||
| Stock-based compensation expense | -23 | ||||
| Corporate expenses | -95 | ||||
| Depreciation and amortization | -293 | ||||
| Total | 675 |
Price Behavior
Price Behavior
| Market Price | $127.79 | |
| Market Cap ($ Bil) | 12.9 | |
| First Trading Date | 08/02/1996 | |
| Distance from 52W High | -3.8% | |
| 50 Days | 200 Days | |
| DMA Price | $128.56 | $120.72 |
| DMA Trend | up | up |
| Distance from DMA | -0.6% | 5.9% |
| 3M | 1YR | |
| Volatility | 19.6% | 27.4% |
| Downside Capture | -9.01 | 70.60 |
| Upside Capture | 38.51 | 66.02 |
| Correlation (SPY) | 9.8% | 59.9% |
LAMR Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.60 | 0.29 | 0.17 | 0.39 | 0.85 | 0.96 |
| Up Beta | 1.91 | 1.21 | -0.02 | 0.73 | 1.08 | 1.09 |
| Down Beta | 0.60 | 0.37 | 0.26 | 0.29 | 0.74 | 0.90 |
| Up Capture | 36% | -5% | 44% | 35% | 56% | 70% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 11 | 21 | 34 | 64 | 129 | 399 |
| Down Capture | 15% | 17% | -10% | 26% | 79% | 98% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 9 | 20 | 27 | 61 | 120 | 348 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LAMR | |
|---|---|---|---|---|
| LAMR | 6.4% | 27.3% | 0.21 | - |
| Sector ETF (XLRE) | 1.0% | 16.3% | -0.12 | 64.7% |
| Equity (SPY) | 16.0% | 19.2% | 0.64 | 59.9% |
| Gold (GLD) | 66.9% | 23.7% | 2.11 | 2.3% |
| Commodities (DBC) | 7.0% | 16.3% | 0.23 | 20.0% |
| Real Estate (VNQ) | 2.9% | 16.5% | -0.00 | 68.6% |
| Bitcoin (BTCUSD) | -19.7% | 39.9% | -0.46 | 14.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LAMR | |
|---|---|---|---|---|
| LAMR | 14.7% | 26.9% | 0.52 | - |
| Sector ETF (XLRE) | 5.0% | 19.0% | 0.17 | 65.3% |
| Equity (SPY) | 14.1% | 17.1% | 0.66 | 63.6% |
| Gold (GLD) | 19.9% | 16.6% | 0.97 | 9.6% |
| Commodities (DBC) | 11.4% | 18.9% | 0.49 | 16.6% |
| Real Estate (VNQ) | 4.5% | 18.8% | 0.15 | 69.4% |
| Bitcoin (BTCUSD) | 20.9% | 57.6% | 0.56 | 21.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LAMR | |
|---|---|---|---|---|
| LAMR | 14.1% | 34.6% | 0.48 | - |
| Sector ETF (XLRE) | 6.8% | 20.5% | 0.29 | 66.6% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 63.7% |
| Gold (GLD) | 15.0% | 15.3% | 0.81 | 2.7% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 23.5% |
| Real Estate (VNQ) | 5.8% | 20.8% | 0.25 | 70.9% |
| Bitcoin (BTCUSD) | 71.1% | 66.4% | 1.10 | 16.8% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 1.2% | 8.1% | 11.0% |
| 8/8/2025 | -7.4% | -2.8% | 2.8% |
| 5/8/2025 | -2.7% | -2.3% | 2.2% |
| 2/20/2025 | -7.3% | -7.1% | -13.8% |
| 11/8/2024 | -4.7% | -5.8% | -2.5% |
| 8/8/2024 | 2.2% | 3.6% | 7.5% |
| 2/23/2024 | -2.4% | -2.0% | 4.5% |
| 11/2/2023 | 12.4% | 13.4% | 27.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 12 | 13 |
| # Negative | 10 | 8 | 7 |
| Median Positive | 2.2% | 4.2% | 7.5% |
| Median Negative | -2.7% | -4.3% | -5.4% |
| Max Positive | 18.4% | 13.4% | 41.1% |
| Max Negative | -7.4% | -8.7% | -51.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Johnson, Jay Lecoryelle | CFO, Treasurer, EVP | Westview Capital Partners, LLC | Sell | 8252025 | 124.22 | 15,300 | Form | ||
| 2 | Johnson, Jay Lecoryelle | CFO, Treasurer, EVP | Westview Capital Partners, LLC | Sell | 8252025 | 124.44 | 6,700 | 833,748 | 893,479 | Form |
| 3 | Fletcher, Nancy | Direct | Buy | 2242025 | 123.18 | 235 | 28,947 | 705,206 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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