Somewhat Favorable News Coverage Somewhat Unlikely to Affect Landmark Infrastructure Partners (LMRK) Stock Price
News coverage about Landmark Infrastructure Partners (NASDAQ:LMRK) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Landmark Infrastructure Partners earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.810622872655 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of brokerages have recently weighed in on LMRK. BidaskClub downgraded Landmark Infrastructure Partners from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Zacks Investment Research downgraded Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $19.00 price objective on shares of Landmark Infrastructure Partners in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Landmark Infrastructure Partners has an average rating of “Hold” and a consensus target price of $18.50.
Shares of Landmark Infrastructure Partners (LMRK) traded up 0.148% on Friday, reaching $16.925. The company had a trading volume of 19,164 shares. The company’s 50-day moving average is $16.75 and its 200 day moving average is $16.18. Landmark Infrastructure Partners has a 12 month low of $12.55 and a 12 month high of $18.15. The firm has a market capitalization of $387.31 million, a PE ratio of 32.423 and a beta of 0.43.
Landmark Infrastructure Partners (NASDAQ:LMRK) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.02). Landmark Infrastructure Partners had a net margin of 26.38% and a return on equity of 9.69%. The business had revenue of $12.80 million for the quarter, compared to analyst estimates of $13.63 million. Equities analysts forecast that Landmark Infrastructure Partners will post $0.34 earnings per share for the current year.
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About Landmark Infrastructure Partners
Landmark Infrastructure Partners LP is a master limited partnership formed to acquire, own and manage a portfolio of real property interests that it leases to companies in the wireless communication, outdoor advertising and renewable power generation industries. The Company operates through three segments.
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