Analysts Anticipate Landmark Infrastructure Partners LP (LMRK) Will Post Earnings of $0.17 Per Share

Brokerages forecast that Landmark Infrastructure Partners LP (NASDAQ:LMRK) will post $0.17 earnings 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 reported earnings of $0.09 per share during the same quarter last year, which would suggest a positive year over year growth rate of 88.9%. The business 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 year, analysts expect that the business will report earnings of $1.03 per share, with EPS estimates ranging from $0.84 to $1.20. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Landmark Infrastructure Partners.

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



A number of equities research analysts recently commented on the stock. BidaskClub downgraded shares of Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Zacks Investment Research upgraded shares of Landmark Infrastructure Partners from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. Robert W. Baird set a $19.00 price objective on shares of Landmark Infrastructure Partners and gave the company a “buy” rating in a research report on Thursday, February 15th. Wells Fargo assumed coverage on shares of Landmark Infrastructure Partners in a research report on Monday, February 26th. They issued a “market perform” rating and a $18.50 price objective for the company. Finally, B. Riley set a $20.00 price objective on shares of Landmark Infrastructure Partners and gave the company a “buy” rating in a research report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $18.90.

A number of institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN increased its holdings in Landmark Infrastructure Partners by 127.1% in the third 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 in the last quarter. Raymond James Trust N.A. increased its holdings in Landmark Infrastructure Partners by 21.0% in the fourth 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 in the last quarter. Regent Investment Management LLC increased its holdings in Landmark Infrastructure Partners by 8.7% in the fourth 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 in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Landmark Infrastructure Partners by 13.4% in the fourth 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 in the last quarter. Finally, Schroder Investment Management Group increased its holdings in Landmark Infrastructure Partners by 44.7% in the fourth 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 in the last quarter. 25.67% of the stock is owned by institutional investors.

NASDAQ:LMRK traded down $0.30 during mid-day trading on Thursday, reaching $16.20. The stock had a trading volume of 31,986 shares, compared to its average volume of 39,534. The company has a quick ratio of 6.44, a current ratio of 6.44 and a debt-to-equity ratio of 3.09. The company has a market cap of $408.84, a P/E ratio of 24.92 and a beta of 0.43. Landmark Infrastructure Partners has a twelve month low of $15.10 and a twelve month high of $18.75.

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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.

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