Brokerages expect Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) to post sales of $15.02 million for the current quarter, according to Zacks. Three analysts have issued estimates for Landmark Infrastructure Partners LP Unit’s earnings, with the highest sales estimate coming in at $15.28 million and the lowest estimate coming in at $14.58 million. Landmark Infrastructure Partners LP Unit reported sales of $16.80 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 10.6%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, August 7th.

On average, analysts expect that Landmark Infrastructure Partners LP Unit will report full-year sales of $61.76 million for the current year, with estimates ranging from $59.23 million to $63.30 million. For the next year, analysts expect that the firm will report sales of $68.69 million, with estimates ranging from $65.84 million to $70.38 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Landmark Infrastructure Partners LP Unit.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last released its earnings results on Wednesday, May 1st. The financial services provider reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Landmark Infrastructure Partners LP Unit had a net margin of 182.88% and a return on equity of 9.42%. The firm had revenue of $14.39 million during the quarter, compared to analyst estimates of $15.59 million.

Several equities analysts have recently issued reports on LMRK shares. ValuEngine raised shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. BidaskClub raised shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “buy” rating in a report on Wednesday, March 27th. Finally, Zacks Investment Research raised shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a report on Thursday, February 21st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $17.00.

LMRK traded up $0.01 during trading on Friday, reaching $16.01. 53,704 shares of the company’s stock were exchanged, compared to its average volume of 124,945. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.14 and a current ratio of 3.14. Landmark Infrastructure Partners LP Unit has a fifty-two week low of $10.32 and a fifty-two week high of $17.01. The firm has a market capitalization of $404.09 million, a PE ratio of 28.09, a P/E/G ratio of 5.97 and a beta of 0.85.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st were given a dividend of $0.368 per share. The ex-dividend date was Tuesday, April 30th. This is a boost from Landmark Infrastructure Partners LP Unit’s previous quarterly dividend of $0.34. This represents a $1.47 annualized dividend and a yield of 9.19%. Landmark Infrastructure Partners LP Unit’s payout ratio is 257.89%.

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 6.5% in the 4th quarter. Geode Capital Management LLC now owns 12,857 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 780 shares during the period. Advisor Group Inc. raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 50.3% in the 1st quarter. Advisor Group Inc. now owns 4,960 shares of the financial services provider’s stock valued at $84,000 after purchasing an additional 1,660 shares during the period. Avenir Corp raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 2.8% in the 1st quarter. Avenir Corp now owns 73,712 shares of the financial services provider’s stock valued at $1,250,000 after purchasing an additional 2,040 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 12.6% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 27,001 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 3,028 shares during the period. Finally, Advantage Investment Management LLC raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 30.1% in the 1st quarter. Advantage Investment Management LLC now owns 18,023 shares of the financial services provider’s stock valued at $306,000 after purchasing an additional 4,170 shares during the period. 10.24% of the stock is currently owned by hedge funds and other institutional investors.

Landmark Infrastructure Partners LP Unit Company Profile

Landmark Infrastructure Partners LP engages in the acquisition, ownership, and management of portfolio of real property interests. It operates through the following business segments: Wireless Communication, Outdoor Advertising, and Renewable Power Generation. The Wireless Communication segment involves the leasing real property interests to companies in the wireless communication industry.

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