Landmark Infrastructure Partners LP (LMRK) Sets New 1-Year High at $17.13
Landmark Infrastructure Partners LP (NASDAQ:LMRK)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $17.13 and last traded at $17.03, with a volume of 49,754 shares changing hands. The stock had previously closed at $16.80.
Several research firms have recently issued reports on LMRK. Zacks Investment Research downgraded shares of Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a report on Friday, May 6th. FBR & Co reiterated a “buy” rating on shares of Landmark Infrastructure Partners in a report on Sunday, May 8th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Landmark Infrastructure Partners in a report on Monday, April 11th.
The firm has a 50-day moving average of $16.29 and a 200 day moving average of $15.12. The firm has a market cap of $255.62 million and a P/E ratio of 66.52.
Landmark Infrastructure Partners (NASDAQ:LMRK) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.20. The firm earned $7.78 million during the quarter, compared to analyst estimates of $7.76 million. Analysts expect that Landmark Infrastructure Partners LP will post $0.82 earnings per share for the current 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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