Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) Expected to Post Earnings of $0.11 Per Share

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Wall Street analysts expect that Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) will announce earnings of $0.11 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Landmark Infrastructure Partners LP Unit’s earnings, with the highest EPS estimate coming in at $0.12 and the lowest estimate coming in at $0.10. Landmark Infrastructure Partners LP Unit reported earnings of ($0.04) per share during the same quarter last year, which indicates a positive year over year growth rate of 375%. The business is scheduled to announce its next earnings results on Wednesday, February 19th.

On average, analysts expect that Landmark Infrastructure Partners LP Unit will report full-year earnings of $0.51 per share for the current financial year. For the next financial year, analysts forecast that the company will report earnings of $0.64 per share, with EPS estimates ranging from $0.50 to $0.77. Zacks’ EPS averages are an average based on a survey of analysts that cover Landmark Infrastructure Partners LP Unit.

LMRK has been the subject of a number of analyst reports. Zacks Investment Research lowered Landmark Infrastructure Partners LP Unit from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. ValuEngine upgraded Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Finally, BidaskClub upgraded Landmark Infrastructure Partners LP Unit from a “hold” rating to a “buy” rating in a research report on Saturday, December 7th.

Shares of LMRK stock traded up $0.18 during trading hours on Friday, reaching $16.40. The company had a trading volume of 73,474 shares, compared to its average volume of 85,292. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.73 and a current ratio of 1.73. The stock has a fifty day moving average of $16.51 and a 200-day moving average of $16.50. The company has a market capitalization of $413.26 million, a price-to-earnings ratio of 44.05, a PEG ratio of 6.27 and a beta of 0.89. Landmark Infrastructure Partners LP Unit has a 12-month low of $10.32 and a 12-month high of $18.45.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, November 4th were given a $0.3675 dividend. This represents a $1.47 annualized dividend and a yield of 8.96%. This is a positive change from Landmark Infrastructure Partners LP Unit’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, November 1st. Landmark Infrastructure Partners LP Unit’s dividend payout ratio is presently 257.89%.

Institutional investors have recently modified their holdings of the stock. Coastal Investment Advisors Inc. purchased a new position in Landmark Infrastructure Partners LP Unit in the second quarter worth approximately $51,000. Winthrop Partners WNY LLC purchased a new position in Landmark Infrastructure Partners LP Unit in the third quarter worth approximately $81,000. Advisor Group Inc. grew its position in Landmark Infrastructure Partners LP Unit by 24.9% in the second quarter. Advisor Group Inc. now owns 6,194 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 1,234 shares during the period. Wiley BROS. Aintree Capital LLC purchased a new position in Landmark Infrastructure Partners LP Unit in the third quarter worth approximately $139,000. Finally, Evercore Wealth Management LLC purchased a new position in Landmark Infrastructure Partners LP Unit in the second quarter worth approximately $192,000. Institutional investors own 15.44% of the company’s stock.

About Landmark Infrastructure Partners LP Unit

Landmark Infrastructure Partners LP engages in the acquisition, ownership, and management of portfolio of real property interests. It operates through the following business segments: Wireless Communication, Outdoor Advertising, and Renewable Power Generation. The Wireless Communication segment involves the leasing real property interests to companies in the wireless communication industry.

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