Equities research analysts predict that Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) will announce $18.40 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Landmark Infrastructure Partners LP Unit’s earnings. The highest sales estimate is $19.52 million and the lowest is $17.86 million. Landmark Infrastructure Partners LP Unit reported sales of $13.50 million during the same quarter last year, which would suggest a positive year over year growth rate of 36.3%. The firm is scheduled to report its next earnings results on Thursday, November 1st.

On average, analysts expect that Landmark Infrastructure Partners LP Unit will report full year sales of $70.87 million for the current fiscal year, with estimates ranging from $69.38 million to $74.20 million. For the next year, analysts anticipate that the firm will post sales of $86.24 million per share, with estimates ranging from $81.43 million to $92.22 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Landmark Infrastructure Partners LP Unit.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last posted its quarterly earnings data on Wednesday, August 1st. The financial services provider reported $0.12 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.12. The firm had revenue of $16.80 million during the quarter, compared to analysts’ expectations of $16.90 million. Landmark Infrastructure Partners LP Unit had a net margin of 39.65% and a return on equity of 15.73%.

A number of research firms recently weighed in on LMRK. BidaskClub raised shares of Landmark Infrastructure Partners LP Unit from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 21st. TheStreet cut shares of Landmark Infrastructure Partners LP Unit from a “b” rating to a “c+” rating in a research report on Wednesday, May 16th. Zacks Investment Research cut shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research report on Friday, August 3rd. Finally, ValuEngine cut shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 2nd. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. Landmark Infrastructure Partners LP Unit presently has an average rating of “Hold” and a consensus price target of $19.10.

NASDAQ:LMRK opened at $13.05 on Friday. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.65 and a quick ratio of 1.65. The company has a market cap of $327.95 million, a P/E ratio of 20.08, a P/E/G ratio of 4.19 and a beta of 0.38. Landmark Infrastructure Partners LP Unit has a fifty-two week low of $12.68 and a fifty-two week high of $18.75.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 14th. Shareholders of record on Wednesday, August 1st were issued a dividend of $0.3675 per share. The ex-dividend date of this dividend was Tuesday, July 31st. This represents a $1.47 dividend on an annualized basis and a yield of 11.26%. Landmark Infrastructure Partners LP Unit’s dividend payout ratio (DPR) is presently 226.15%.

A number of institutional investors have recently added to or reduced their stakes in the business. Green Square Capital LLC lifted its holdings in 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 worth $18,429,000 after buying an additional 52,098 shares in the last quarter. Bank of America Corp DE lifted its holdings in Landmark Infrastructure Partners LP Unit by 579.3% during the 2nd quarter. Bank of America Corp DE now owns 12,866 shares of the financial services provider’s stock worth $178,000 after buying an additional 10,972 shares in the last quarter. Raymond James & Associates lifted its holdings in Landmark Infrastructure Partners LP Unit by 3.4% during the 2nd quarter. Raymond James & Associates now owns 344,239 shares of the financial services provider’s stock worth $4,768,000 after buying an additional 11,237 shares in the last quarter. Brown Advisory Inc. lifted its holdings in Landmark Infrastructure Partners LP Unit by 4.9% during the 2nd quarter. Brown Advisory Inc. now owns 519,629 shares of the financial services provider’s stock worth $7,198,000 after buying an additional 24,394 shares in the last quarter. Finally, Sapphire Star Partners LP lifted its holdings in Landmark Infrastructure Partners LP Unit by 37.5% during the 2nd quarter. Sapphire Star Partners LP now owns 41,977 shares of the financial services provider’s stock worth $581,000 after buying an additional 11,438 shares in the last quarter. Institutional investors own 19.42% of the company’s stock.

Landmark Infrastructure Partners LP Unit Company Profile

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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