Landmark Infrastructure Partners LP (LMRK) Sets New 12-Month High at $17.10
Shares of Landmark Infrastructure Partners LP (NASDAQ:LMRK) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $17.10 and last traded at $17.00, with a volume of 23,943 shares trading hands. The stock had previously closed at $16.37.
LMRK has been the topic of a number of research reports. Robert W. Baird restated a “buy” rating on shares of Landmark Infrastructure Partners in a research report on Monday, April 11th. FBR & Co initiated coverage on Landmark Infrastructure Partners in a research report on Thursday, March 24th. They set an “outperform” rating and a $22.00 price objective on the stock. Finally, Zacks Investment Research cut Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Friday, May 6th.
The company has a market cap of $253.83 million and a PE ratio of 66.059. The firm’s 50 day moving average price is $15.95 and its 200 day moving average price is $14.98.
Landmark Infrastructure Partners (NASDAQ:LMRK) last issued its quarterly earnings data on Thursday, May 5th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.20. The company earned $7.78 million during the quarter, compared to analyst estimates of $7.76 million. On average, equities analysts anticipate that Landmark Infrastructure Partners LP will post $0.82 EPS for the current fiscal year.
Landmark Infrastructure Partners LP is engaged in acquiring, owning and managing a portfolio of real property interests. The Company leases its properties to companies in the wireless communication, outdoor advertising and renewable power generation industries. Its segments include Wireless Communication, Outdoor Advertising, Renewable Power Generation and Corporate.
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