Equities analysts expect Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) to announce $16.22 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Landmark Infrastructure Partners LP Unit’s earnings. The lowest sales estimate is $14.38 million and the highest is $18.10 million. Landmark Infrastructure Partners LP Unit posted sales of $14.48 million in the same quarter last year, which would indicate a positive year over year growth rate of 12%. The firm is scheduled to issue its next quarterly earnings results on Thursday, February 21st.

On average, analysts expect that Landmark Infrastructure Partners LP Unit will report full-year sales of $66.27 million for the current financial year, with estimates ranging from $64.43 million to $68.15 million. For the next financial year, analysts expect that the firm will report sales of $72.81 million, with estimates ranging from $66.29 million to $78.78 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that that provide coverage for Landmark Infrastructure Partners LP Unit.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last released its earnings results on Wednesday, November 7th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The business had revenue of $17.56 million for the quarter, compared to analyst estimates of $18.40 million. Landmark Infrastructure Partners LP Unit had a net margin of 196.88% and a return on equity of 15.05%.

LMRK has been the topic of several research reports. Zacks Investment Research lowered shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. BidaskClub upgraded shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd. ValuEngine downgraded shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Finally, B. Riley reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners LP Unit in a research report on Thursday, November 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Landmark Infrastructure Partners LP Unit presently has a consensus rating of “Hold” and an average price target of $19.13.

In related news, insider Matthew P. Carbone bought 14,000 shares of Landmark Infrastructure Partners LP Unit stock in a transaction dated Thursday, October 4th. The stock was purchased at an average cost of $14.10 per share, with a total value of $197,400.00. Following the transaction, the insider now directly owns 14,000 shares of the company’s stock, valued at $197,400. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Arthur P. Brazy, Jr. bought 19,000 shares of Landmark Infrastructure Partners LP Unit stock in a transaction dated Friday, November 9th. The shares were bought at an average cost of $12.59 per share, with a total value of $239,210.00. Following the completion of the transaction, the insider now directly owns 157,952 shares in the company, valued at $1,988,615.68. The disclosure for this purchase can be found here. Insiders have bought a total of 42,848 shares of company stock valued at $572,082 over the last three months. Insiders own 0.65% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley grew its position in shares of Landmark Infrastructure Partners LP Unit by 12.5% during the 3rd quarter. Morgan Stanley now owns 68,858 shares of the financial services provider’s stock valued at $953,000 after acquiring an additional 7,659 shares during the period. Renaissance Technologies LLC bought a new position in shares of Landmark Infrastructure Partners LP Unit during the 3rd quarter valued at approximately $367,000. Sapphire Star Partners LP grew its position in shares of Landmark Infrastructure Partners LP Unit by 17.1% during the 3rd quarter. Sapphire Star Partners LP now owns 49,159 shares of the financial services provider’s stock valued at $681,000 after acquiring an additional 7,182 shares during the period. Pwmco LLC bought a new position in shares of Landmark Infrastructure Partners LP Unit during the 3rd quarter valued at approximately $283,000. Finally, Green Square Capital LLC grew its position in shares of Landmark Infrastructure Partners LP Unit by 4.1% during the 2nd quarter. Green Square Capital LLC now owns 1,330,647 shares of the financial services provider’s stock valued at $18,429,000 after acquiring an additional 52,098 shares during the period. 18.80% of the stock is owned by hedge funds and other institutional investors.

LMRK stock traded down $0.02 during midday trading on Thursday, hitting $13.05. The stock had a trading volume of 135,300 shares, compared to its average volume of 62,576. The firm has a market cap of $322.14 million, a price-to-earnings ratio of 20.08, a PEG ratio of 4.55 and a beta of 0.27. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 1.44. Landmark Infrastructure Partners LP Unit has a 1-year low of $12.43 and a 1-year high of $18.75.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 14th. Stockholders of record on Monday, November 5th were given a dividend of $0.3675 per share. This is an increase from Landmark Infrastructure Partners LP Unit’s previous quarterly dividend of $0.34. This represents a $1.47 dividend on an annualized basis and a dividend yield of 11.26%. The ex-dividend date was Friday, November 2nd. Landmark Infrastructure Partners LP Unit’s dividend payout ratio is currently 226.15%.

About Landmark Infrastructure Partners LP Unit

Landmark Infrastructure Partners LP acquires, owns, and manages a portfolio of real property interests and infrastructure assets in the United States. The company leases its real property interests and infrastructure assets to companies operating in the wireless communication, outdoor advertising, and renewable power generation industries.

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