Customer demand drove results, according to CEO Sean Reilly, who said the company benefited from customer appreciation for outdoor advertising and its ability to connect advertisers with audiences.
The current average analyst rating on the shares is "hold," with 1 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Lamar Advertising Co is $160.00, about 1.2% above its August 5 closing price of $158.18.
Outlook raised for 2026
Lamar raised 2026 diluted AFFO per share guidance to $8.75-$8.90
The company expects 2026 diluted EPS between $5.95 and $5.99
Lamar cited strong customer demand and positive pacing for the remainder of 2026
Q2 results beat expectations
U.S. outdoor advertising firm's Q2 revenue rose 6.5%, beating analyst expectations
Net income for Q2 increased 6.2% to $164.6 million
Q2 revenue was $616.75 million versus the $606.61 million consensus estimate
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