Landmark Infrastructure Partners LP (LMRK) Trading 4.5% Higher
Landmark Infrastructure Partners LP (NASDAQ:LMRK) traded up 4.5% during trading on Friday . The stock traded as high as $17.97 and last traded at $17.90, with a volume of 73,786 shares trading hands. The stock had previously closed at $17.13.
Several equities research analysts have recently commented on the company. Zacks Investment Research downgraded Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a report on Friday, May 6th. FBR & Co reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a report on Sunday, May 8th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a report on Monday, April 11th.
The firm has a market capitalization of $268.53 million and a PE ratio of 69.88. The stock has a 50 day moving average of $16.44 and a 200 day moving average of $15.18.
Landmark Infrastructure Partners (NASDAQ:LMRK) last released its earnings results on Thursday, May 5th. The company reported ($0.03) EPS 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. On average, analysts predict that Landmark Infrastructure Partners LP will post $0.82 earnings per share for the current year.
The company also recently announced a dividend, which will be paid on Monday, August 15th. Stockholders of record on Monday, August 8th will be paid a $0.3325 dividend. The ex-dividend date of this dividend is Thursday, August 4th. This is a boost from Landmark Infrastructure Partners’s previous dividend of $0.32.
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.