Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Lamar Advertising Company (NASDAQ:LAMR)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Lamar Advertising Company (NASDAQ:LAMR). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lamar Advertising stock on August 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Lamar Advertising Trading Up 0.9%

Lamar Advertising stock opened at $149.08 on Friday. Lamar Advertising Company has a 12 month low of $114.45 and a 12 month high of $166.33. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.29. The stock has a market cap of $15.14 billion, a P/E ratio of 27.20 and a beta of 1.17. The company’s fifty day simple moving average is $155.74 and its 200-day simple moving average is $146.48.

Lamar Advertising (NASDAQ:LAMR) last announced its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.58. The business had revenue of $616.75 million during the quarter, compared to analyst estimates of $606.61 million. Lamar Advertising had a return on equity of 54.94% and a net margin of 23.90%.Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. As a group, sell-side analysts forecast that Lamar Advertising Company will post 8.43 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a dividend of $1.65 per share. The ex-dividend date is Monday, September 21st. This represents a $6.60 annualized dividend and a dividend yield of 4.4%. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.60. Lamar Advertising’s dividend payout ratio is presently 116.79%.

Institutional Investors Weigh In On Lamar Advertising

A number of large investors have recently bought and sold shares of the business. First Citizens Bank & Trust Co. grew its position in shares of Lamar Advertising by 0.9% in the 1st quarter. First Citizens Bank & Trust Co. now owns 8,821 shares of the real estate investment trust’s stock valued at $1,117,000 after buying an additional 75 shares during the last quarter. Praxis Investment Management Inc. raised its position in shares of Lamar Advertising by 2.7% during the first quarter. Praxis Investment Management Inc. now owns 2,846 shares of the real estate investment trust’s stock worth $360,000 after acquiring an additional 76 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of Lamar Advertising by 1.0% in the first quarter. Gamco Investors INC. ET AL now owns 7,523 shares of the real estate investment trust’s stock worth $953,000 after acquiring an additional 78 shares during the period. Argent Advisors Inc. lifted its stake in shares of Lamar Advertising by 0.6% in the first quarter. Argent Advisors Inc. now owns 14,426 shares of the real estate investment trust’s stock worth $1,827,000 after acquiring an additional 80 shares during the period. Finally, Glenmede Investment Management LP boosted its holdings in Lamar Advertising by 3.2% in the third quarter. Glenmede Investment Management LP now owns 2,590 shares of the real estate investment trust’s stock valued at $317,000 after acquiring an additional 81 shares during the last quarter. 93.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

LAMR has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on Lamar Advertising from $153.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Citigroup lowered Lamar Advertising from a “buy” rating to a “neutral” rating and lifted their price target for the company from $145.00 to $160.00 in a report on Friday, July 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Lamar Advertising in a research note on Wednesday, August 19th. Morgan Stanley set a $170.00 price objective on Lamar Advertising in a report on Friday, August 7th. Finally, Wells Fargo & Company raised their price objective on shares of Lamar Advertising from $150.00 to $151.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 12th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $160.17.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Lamar Advertising Company Profile

Lamar Advertising Company is an outdoor advertising company that provides businesses and organizations with advertising displays across the United States. Its offerings include traditional and digital billboards, as well as advertising displays on buses, benches, shelters and other transit-related assets.

The company also provides advertising opportunities at airports and other specialty locations. Its digital display network enables advertisers to deliver changing messages and campaigns, while its traditional billboard inventory supports longer-term brand awareness and local advertising initiatives.

Founded in 1902, Lamar Advertising has grown from a regional sign and billboard business into one of North America’s major out-of-home advertising providers.