Analyst Downgrades – Lamar Advertising Company (NASDAQ:LAMR) Stock Gets Downgraded By Wells Fargo & Company from Outperform to Market Perform

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Analyst Ratings For Lamar Advertising Company (NASDAQ:LAMR)

Today, Lamar Advertising Company (NASDAQ:LAMR) stock was downgraded by Wells Fargo & Company from Outperform to Market Perform.

There are 2 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Lamar Advertising Company (NASDAQ:LAMR) is Buy (Score: 2.50) with a consensus target price of $79.67 per share, a potential 9.67% upside.

Some recent analyst ratings include

  • 7/26/2017-Wells Fargo & Company was Downgraded by analysts at Wells Fargo & Company from a “Outperform ” rating to a ” Market Perform” rating.
  • 6/9/2017-Loop Capital Reiterated Rating of Buy.
  • 1/17/2017-Goldman Sachs Group, Inc. (The) Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 7/21/2016-Gabelli was Downgraded by analysts at Gabelli from a “Buy ” rating to a ” Hold” rating. They now have a $64.00 price target on the stock.
  • 3/28/2016-Citigroup Inc. was Downgraded by analysts at Citigroup Inc. from a “Buy ” rating to a ” Neutral” rating.

Dividend information for Lamar Advertising Company (NASDAQ:LAMR)

Lamar Advertising Company (NASDAQ:LAMR) pays an annual dividend of Community Ranking: with a yield of 4.57% and an average dividend growth of 0.00% based on a 3 Year Average.

Dividend History for Lamar Advertising Company (NASDAQ:LAMR)

  • On 5/25/2017 Lamar Advertising Company announced a quarterly dividend of $0.83 4.82% with an ex dividend date of 6/13/2017 which will be payable on 6/30/2017.
  • On 2/23/2017 Lamar Advertising Company announced a quarterly dividend of $0.83 4.45% with an ex dividend date of 3/13/2017 which will be payable on 3/31/2017.
  • On 12/8/2016 Lamar Advertising Company announced a quarterly dividend of $0.76 4.53% with an ex dividend date of 12/15/2016 which will be payable on 12/30/2016.
  • On 8/29/2016 Lamar Advertising Company announced a quarterly dividend of $0.76 4.83% with an ex dividend date of 9/14/2016 which will be payable on 9/30/2016.
  • On 5/26/2016 Lamar Advertising Company announced a quarterly dividend of $0.75 4.64% with an ex dividend date of 6/14/2016 which will be payable on 6/30/2016.
  • On 2/25/2016 Lamar Advertising Company announced a quarterly dividend of $0.75 5.35% with an ex dividend date of 3/14/2016 which will be payable on 3/31/2016.
  • On 12/9/2015 Lamar Advertising Company announced a quarterly dividend of $0.69 4.75% with an ex dividend date of 12/17/2015 which will be payable on 12/30/2015.

Recent Insider Trading Activity For Lamar Advertising Company (NASDAQ:LAMR)
Lamar Advertising Company (NASDAQ:LAMR) has insider ownership of 18.66% and institutional ownership of 85.56%.

  • On 5/24/2017 Stephen P Mumblow, Director, sold 20,000 with an average share price of $70.61 per share and the total transaction amounting to $1,412,200.00. View SEC Filing
  • On 3/29/2017 Anna Reilly, Director, sold 50,000 with an average share price of $74.83 per share and the total transaction amounting to $3,741,500.00. View SEC Filing
  • On 3/20/2017 Keith A Istre, CFO, sold 25,000 with an average share price of $77.47 per share and the total transaction amounting to $1,936,750.00. View SEC Filing
  • On 3/9/2017 John Maxwell Hamilton, Director, sold 4,000 with an average share price of $76.20 per share and the total transaction amounting to $304,800.00. View SEC Filing
  • On 3/6/2017 John Maxwell Hamilton, Director, sold 2,000 with an average share price of $76.00 per share and the total transaction amounting to $152,000.00. View SEC Filing
  • On 3/2/2017 John Maxwell Hamilton, Director, sold 2,000 with an average share price of $76.00 per share and the total transaction amounting to $152,000.00. View SEC Filing
  • On 11/15/2016 Keith A Istre, CFO, sold 25,000 with an average share price of $61.04 per share and the total transaction amounting to $1,526,000.00. View SEC Filing

Recent Trading Activity for Lamar Advertising Company (NASDAQ:LAMR)
Shares of Lamar Advertising Company closed the previous trading session at 72.64 down -0.09 -0.12% with 584,557 shares trading hands.