Wall Street analysts forecast that Landmark Infrastructure Partners LP (NASDAQ:LMRK) will post earnings of $0.17 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Landmark Infrastructure Partners’ earnings, with the lowest EPS estimate coming in at $0.14 and the highest estimate coming in at $0.21. Landmark Infrastructure Partners posted earnings of $0.09 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 88.9%. The firm is expected to announce its next quarterly earnings results on Thursday, May 3rd.

On average, analysts expect that Landmark Infrastructure Partners will report full-year earnings of $0.84 per share for the current fiscal year, with EPS estimates ranging from $0.74 to $0.99. For the next financial year, analysts forecast that the firm will post earnings of $1.03 per share, with EPS estimates ranging from $0.84 to $1.20. Zacks’ EPS averages are an average based on a survey of analysts that that provide coverage for Landmark Infrastructure Partners.

How to Become a New Pot Stock Millionaire

Landmark Infrastructure Partners (NASDAQ:LMRK) last released its quarterly earnings results on Thursday, February 15th. The financial services provider reported $0.31 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.17. The company had revenue of $14.48 million for the quarter, compared to analyst estimates of $15.55 million. Landmark Infrastructure Partners had a return on equity of 10.41% and a net margin of 26.99%.

LMRK has been the topic of a number of research analyst reports. Zacks Investment Research raised Landmark Infrastructure Partners from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. BidaskClub lowered Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Robert W. Baird set a $19.00 price target on Landmark Infrastructure Partners and gave the stock a “buy” rating in a research report on Thursday, February 15th. B. Riley set a $20.00 price target on Landmark Infrastructure Partners and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Finally, Wells Fargo initiated coverage on Landmark Infrastructure Partners in a research report on Monday, February 26th. They set a “market perform” rating and a $18.50 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $18.90.

A number of institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN raised its position in Landmark Infrastructure Partners by 127.1% in the 3rd quarter. Wells Fargo & Company MN now owns 7,951 shares of the financial services provider’s stock valued at $134,000 after buying an additional 4,450 shares during the last quarter. Raymond James Trust N.A. raised its position in Landmark Infrastructure Partners by 21.0% in the 4th quarter. Raymond James Trust N.A. now owns 27,754 shares of the financial services provider’s stock valued at $502,000 after buying an additional 4,815 shares during the last quarter. Regent Investment Management LLC raised its position in Landmark Infrastructure Partners by 8.7% in the 4th quarter. Regent Investment Management LLC now owns 90,025 shares of the financial services provider’s stock valued at $1,629,000 after buying an additional 7,232 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Landmark Infrastructure Partners by 13.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 107,683 shares of the financial services provider’s stock valued at $1,949,000 after buying an additional 12,753 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in Landmark Infrastructure Partners by 44.7% in the 4th quarter. Schroder Investment Management Group now owns 67,263 shares of the financial services provider’s stock valued at $1,217,000 after buying an additional 20,763 shares during the last quarter. 25.64% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ LMRK opened at $16.25 on Thursday. The stock has a market cap of $406.34, a PE ratio of 25.00 and a beta of 0.43. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 3.09. Landmark Infrastructure Partners has a one year low of $15.10 and a one year high of $18.75.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/04/17/zacks-brokerages-expect-landmark-infrastructure-partners-lp-lmrk-to-post-0-17-earnings-per-share.html.

About Landmark Infrastructure Partners

Landmark Infrastructure Partners LP acquires, owns, and manages a portfolio of real property interests in the United States. The company leases real property interests to companies operating in the wireless communication, outdoor advertising, and renewable power industries. Landmark Infrastructure Partners GP LLC serves as the general partner of the company.

Get a free copy of the Zacks research report on Landmark Infrastructure Partners (LMRK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Landmark Infrastructure Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landmark Infrastructure Partners and related companies with MarketBeat.com's FREE daily email newsletter.