Landmark Infrastructure Partners LP (LMRK) Stock Price Up 4.5%
Landmark Infrastructure Partners LP (NASDAQ:LMRK) rose 4.5% on Friday . The company traded as high as $17.97 and last traded at $17.90, with a volume of 73,786 shares. The stock had previously closed at $17.13.
LMRK has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, July 6th. Robert W. Baird reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a report on Monday, April 11th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a report on Sunday, May 8th.
The stock’s 50-day moving average is $16.44 and its 200-day moving average is $15.18. The company has a market cap of $268.53 million and a P/E ratio of 69.88.
Landmark Infrastructure Partners (NASDAQ:LMRK) last posted its quarterly earnings results on Thursday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.20. The company had revenue of $7.78 million for the quarter, compared to analysts’ expectations of $7.76 million. Equities analysts forecast that Landmark Infrastructure Partners LP will post $0.82 EPS for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Monday, August 15th. Stockholders of record on Monday, August 8th will be issued a dividend of $0.3325 per share. This is an increase from Landmark Infrastructure Partners’s previous dividend of $0.32. The ex-dividend date is Thursday, August 4th.
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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