Landmark Infrastructure Partners LP Unit (LMRK) Receives $19.13 Average PT from Analysts

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Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) has been given a consensus recommendation of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $19.13.

Several research firms have recently weighed in on LMRK. BidaskClub cut Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a report on Thursday, August 9th. Zacks Investment Research cut Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. ValuEngine cut Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd. Finally, TheStreet cut Landmark Infrastructure Partners LP Unit from a “b” rating to a “c+” rating in a report on Wednesday, May 16th.

NASDAQ:LMRK opened at $12.93 on Tuesday. The stock has a market cap of $329.21 million, a PE ratio of 19.90, a PEG ratio of 4.20 and a beta of 0.35. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 3.27. Landmark Infrastructure Partners LP Unit has a 1-year low of $12.68 and a 1-year high of $18.75.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last released its quarterly earnings results on Wednesday, August 1st. The financial services provider reported $0.12 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.12. The company had revenue of $16.80 million for the quarter, compared to analysts’ expectations of $16.90 million. Landmark Infrastructure Partners LP Unit had a return on equity of 15.73% and a net margin of 39.65%. sell-side analysts anticipate that Landmark Infrastructure Partners LP Unit will post 0.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 14th. Investors of record on Wednesday, August 1st were paid a $0.3675 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 11.37%. The ex-dividend date of this dividend was Tuesday, July 31st. Landmark Infrastructure Partners LP Unit’s dividend payout ratio is currently 226.15%.

Several institutional investors have recently bought and sold shares of LMRK. Kayne Anderson Capital Advisors LP lifted its stake in shares of Landmark Infrastructure Partners LP Unit by 21.4% in the first quarter. Kayne Anderson Capital Advisors LP now owns 28,400 shares of the financial services provider’s stock worth $472,000 after acquiring an additional 5,000 shares during the period. Lee Financial Co acquired a new position in shares of Landmark Infrastructure Partners LP Unit in the first quarter worth approximately $415,000. BW Gestao de Investimentos Ltda. acquired a new position in shares of Landmark Infrastructure Partners LP Unit in the first quarter worth approximately $181,000. Green Square Capital LLC lifted its stake in shares of Landmark Infrastructure Partners LP Unit by 1.9% in the first quarter. Green Square Capital LLC now owns 1,278,549 shares of the financial services provider’s stock worth $21,288,000 after acquiring an additional 23,477 shares during the period. Finally, Brown Advisory Inc. lifted its stake in shares of Landmark Infrastructure Partners LP Unit by 84.9% in the first quarter. Brown Advisory Inc. now owns 495,235 shares of the financial services provider’s stock worth $8,245,000 after acquiring an additional 227,426 shares during the period. 19.42% of the stock is currently owned by institutional investors.

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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