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Nykredit A S acquired a new stake in shares of Lamar Advertising Company (NASDAQ: LAMR) during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,230 shares of the real estate investment trust's stock, valued at approximately $660,000. Other hedge funds and other
Lamar (LAMR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
BATON ROUGE, La., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.65 per share payable on September 30, 2026 to stockholders of record of Lamar's Class A common stock and Class B common stock on September 21, 2026. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2026, including the dividend payable on September 30, 2026, will total at least $6.50 per common share.
LAMR's digital growth, acquisitions and stronger AFFO guidance highlight why the outdoor advertiser is gains momentum.
Lamar Advertising demonstrates elite acquisition execution, using UPREIT structures to create value and drive consistent AFFO/share growth. LAMR leverages operational advantages and innovative deal structuring to achieve accretive transactions, evidenced by long-term performance and reduced leverage. Realty Income relies on standard spread investing, with large, often sloppy, M&A deals leading to slow AFFO/share growth and diminished premium multiples.
LAMR adds 230+ Louisiana billboard faces, including 30 digital displays, through the industry's second-ever UPREIT deal.
LAMR raises its 2026 AFFO outlook as digital demand, stronger revenues and cash generation fuel momentum, though cyclicality remains a risk.
LAMR's stronger growth, digital expansion and higher cash generation boost its outlook, but a rich valuation and debt add risk.