Analysts Expect Landmark Infrastructure Partners LP Unit (LMRK) to Announce $0.13 EPS

Wall Street analysts expect Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) to post earnings per share (EPS) of $0.13 for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Landmark Infrastructure Partners LP Unit’s earnings. The lowest EPS estimate is $0.12 and the highest is $0.14. Landmark Infrastructure Partners LP Unit also reported earnings of $0.13 per share in the same quarter last year. The business is scheduled to announce its next quarterly earnings report on Thursday, November 1st.

On average, analysts expect that Landmark Infrastructure Partners LP Unit will report full year earnings of $0.62 per share for the current fiscal year, with EPS estimates ranging from $0.54 to $0.70. For the next financial year, analysts forecast that the business will post earnings of $0.98 per share, with EPS estimates ranging from $0.64 to $1.44. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Landmark Infrastructure Partners LP Unit.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last announced its earnings results on Wednesday, August 1st. The financial services provider reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $16.80 million for the quarter, compared to the consensus estimate of $16.90 million. Landmark Infrastructure Partners LP Unit had a return on equity of 15.73% and a net margin of 39.65%.

Several research analysts have recently commented on the company. BidaskClub raised Landmark Infrastructure Partners LP Unit from a “strong sell” rating to a “sell” rating in a report on Thursday, June 21st. ValuEngine downgraded Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd. Finally, Zacks Investment Research downgraded Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Three research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Landmark Infrastructure Partners LP Unit currently has a consensus rating of “Hold” and an average target price of $19.10.

Shares of LMRK traded up $0.10 on Tuesday, hitting $14.10. The company’s stock had a trading volume of 20,850 shares, compared to its average volume of 56,885. The company has a market capitalization of $348.06 million, a P/E ratio of 21.69, a PEG ratio of 4.44 and a beta of 0.34. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.65 and a quick ratio of 1.65. Landmark Infrastructure Partners LP Unit has a fifty-two week low of $12.68 and a fifty-two week high of $18.75.

In other news, insider Arthur P. Brazy, Jr. acquired 8,100 shares of Landmark Infrastructure Partners LP Unit stock in a transaction on Friday, September 28th. The shares were purchased at an average price of $13.79 per share, with a total value of $111,699.00. Following the acquisition, the insider now owns 138,952 shares in the company, valued at $1,916,148.08. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Matthew P. Carbone acquired 14,000 shares of Landmark Infrastructure Partners LP Unit stock in a transaction on Thursday, October 4th. The shares were purchased at an average cost of $14.10 per share, for a total transaction of $197,400.00. Following the acquisition, the insider now owns 14,000 shares in the company, valued at approximately $197,400. The disclosure for this purchase can be found here. Insiders bought a total of 23,848 shares of company stock worth $332,872 over the last three months. 0.65% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the business. BW Gestao de Investimentos Ltda. acquired a new position in Landmark Infrastructure Partners LP Unit during the 1st quarter worth $181,000. Bank of America Corp DE raised its position in shares of Landmark Infrastructure Partners LP Unit by 579.3% during the 2nd quarter. Bank of America Corp DE now owns 12,866 shares of the financial services provider’s stock valued at $178,000 after acquiring an additional 10,972 shares during the last quarter. Cibc Bank USA bought a new stake in shares of Landmark Infrastructure Partners LP Unit during the 2nd quarter valued at $209,000. Kayne Anderson Capital Advisors LP raised its position in shares of Landmark Infrastructure Partners LP Unit by 21.4% during the 1st quarter. Kayne Anderson Capital Advisors LP now owns 28,400 shares of the financial services provider’s stock valued at $472,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Penbrook Management LLC raised its position in shares of Landmark Infrastructure Partners LP Unit by 14.5% during the 2nd quarter. Penbrook Management LLC now owns 35,630 shares of the financial services provider’s stock valued at $493,000 after acquiring an additional 4,500 shares during the last quarter. 19.42% of the stock is currently owned by hedge funds and other institutional investors.

About Landmark Infrastructure Partners LP Unit

Landmark Infrastructure Partners LP acquires, owns, and manages a portfolio of real property interests and infrastructure assets in the United States. The company leases its real property interests and infrastructure assets to companies operating in the wireless communication, outdoor advertising, and renewable power generation industries.

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