Landmark Infrastructure Partners LP (LMRK) Sets New 12-Month High at $18.30
Landmark Infrastructure Partners LP (NASDAQ:LMRK) hit a new 52-week high during trading on Monday . The company traded as high as $18.30 and last traded at $17.84, with a volume of 27,312 shares changing hands. The stock had previously closed at $17.89.
A number of equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, July 6th. FBR & Co reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a research report on Sunday, May 8th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a research report on Sunday, May 8th.
The company’s 50-day moving average price is $16.52 and its 200-day moving average price is $15.26. The company has a market cap of $262.83 million and a PE ratio of 68.40.
Landmark Infrastructure Partners (NASDAQ:LMRK) last released its earnings results on Tuesday, August 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by $0.20. The company had revenue of $7 million for the quarter, compared to analysts’ expectations of $9.13 million. On average, analysts predict that Landmark Infrastructure Partners LP will post $0.82 earnings per share for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, August 8th will be given a dividend of $0.3325 per share. The ex-dividend date 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.