Landmark Infrastructure Partners LP (LMRK) Hits New 52-Week 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. The stock had previously closed at $16.37.
LMRK has been the subject of a number of research reports. Zacks Investment Research raised Landmark Infrastructure Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, June 8th. Robert W. Baird reissued a “buy” rating on shares of Landmark Infrastructure Partners in a research note on Monday, April 11th. Finally, FBR & Co initiated coverage on Landmark Infrastructure Partners in a research note on Thursday, March 24th. They set an “outperform” rating and a $22.00 target price for the company.
The firm has a market capitalization of $254.87 million and a P/E ratio of 66.33. The firm has a 50-day moving average of $16.00 and a 200 day moving average of $14.99.
Landmark Infrastructure Partners (NASDAQ:LMRK) last released its quarterly earnings results on Thursday, May 5th. The company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.20. The firm earned $7.78 million during the quarter, compared to the consensus estimate of $7.76 million. Equities analysts predict that Landmark Infrastructure Partners LP will post $0.82 earnings per share 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.