Wall Street analysts expect that Landmark Infrastructure Partners LP (NASDAQ:LMRK) will report $13.65 million in sales for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Landmark Infrastructure Partners’ earnings, with estimates ranging from $13.00 million to $14.65 million. Landmark Infrastructure Partners posted sales of $7.85 million in the same quarter last year, which would indicate a positive year over year growth rate of 73.9%. The company is scheduled to announce its next earnings report on Tuesday, August 1st.

On average, analysts expect that Landmark Infrastructure Partners will report full-year sales of $13.65 million for the current year, with estimates ranging from $56.40 million to $61.53 million. For the next year, analysts forecast that the business will post sales of $73.44 million per share, with estimates ranging from $72.26 million to $74.68 million. Zacks’ sales calculations are an average based on a survey of analysts that cover Landmark Infrastructure Partners.

Landmark Infrastructure Partners (NASDAQ:LMRK) last announced its quarterly earnings results on Thursday, May 4th. The financial services provider reported $0.09 EPS for the quarter, missing the consensus estimate of $0.18 by $0.09. The company had revenue of $12.20 million during the quarter, compared to analysts’ expectations of $12.56 million. Landmark Infrastructure Partners had a return on equity of 9.42% and a net margin of 26.10%.

LMRK has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Landmark Infrastructure Partners from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $17.00 price objective on shares of Landmark Infrastructure Partners in a report on Thursday, May 25th. Finally, FBR & Co reaffirmed an “outperform” rating and set a $20.00 price objective (down from $22.00) on shares of Landmark Infrastructure Partners in a report on Friday, February 24th.

In other Landmark Infrastructure Partners news, insider Arthur P. Brazy, Jr. purchased 7,000 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The shares were purchased at an average cost of $15.88 per share, with a total value of $111,160.00. Following the completion of the purchase, the insider now owns 76,981 shares in the company, valued at approximately $1,222,458.28. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider George P. Doyle purchased 4,000 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was acquired at an average cost of $15.95 per share, for a total transaction of $63,800.00. Following the completion of the purchase, the insider now owns 9,202 shares of the company’s stock, valued at approximately $146,771.90. The disclosure for this purchase can be found here. Company insiders own 0.65% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. increased its position in shares of Landmark Infrastructure Partners by 59.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 77,048 shares of the financial services provider’s stock worth $1,175,000 after buying an additional 28,783 shares during the period. Raymond James Trust N.A. purchased a new position in shares of Landmark Infrastructure Partners during the first quarter worth approximately $253,000. Avenir Corp increased its position in shares of Landmark Infrastructure Partners by 2.9% in the first quarter. Avenir Corp now owns 123,147 shares of the financial services provider’s stock worth $1,841,000 after buying an additional 3,435 shares during the period. Regent Investment Management LLC increased its position in shares of Landmark Infrastructure Partners by 15.5% in the first quarter. Regent Investment Management LLC now owns 82,083 shares of the financial services provider’s stock worth $1,227,000 after buying an additional 11,000 shares during the period. Finally, E&G Advisors LP purchased a new position in shares of Landmark Infrastructure Partners during the first quarter worth approximately $2,870,000. 20.67% of the stock is currently owned by institutional investors.

Shares of Landmark Infrastructure Partners (NASDAQ LMRK) traded up 2.20% during mid-day trading on Friday, reaching $16.25. 33,326 shares of the company’s stock traded hands. The company has a market cap of $370.86 million, a P/E ratio of 32.37 and a beta of 0.39. Landmark Infrastructure Partners has a 12-month low of $12.55 and a 12-month high of $18.44. The company’s 50 day moving average is $15.74 and its 200 day moving average is $15.39.

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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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