Equities research analysts expect Landmark Infrastructure Partners LP (NASDAQ:LMRK) to report $15.55 million in sales for the current quarter, Zacks reports. Four analysts have issued estimates for Landmark Infrastructure Partners’ earnings. The highest sales estimate is $17.44 million and the lowest is $14.50 million. Landmark Infrastructure Partners reported sales of $11.81 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 31.7%. The company is scheduled to announce its next quarterly earnings results on Thursday, February 22nd.
On average, analysts expect that Landmark Infrastructure Partners will report full-year sales of $15.55 million for the current year, with estimates ranging from $52.64 million to $55.94 million. For the next financial year, analysts forecast that the company will post sales of $69.97 million per share, with estimates ranging from $65.95 million to $72.48 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Landmark Infrastructure Partners.
Landmark Infrastructure Partners (NASDAQ:LMRK) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.13 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.13. Landmark Infrastructure Partners had a return on equity of 9.79% and a net margin of 27.47%.
Landmark Infrastructure Partners (NASDAQ LMRK) traded down $0.10 during trading on Friday, reaching $18.05. The company had a trading volume of 37,997 shares, compared to its average volume of 36,699. Landmark Infrastructure Partners has a twelve month low of $14.20 and a twelve month high of $18.75. The company has a debt-to-equity ratio of 2.88, a quick ratio of 3.93 and a current ratio of 3.93. The stock has a market capitalization of $359.10, a PE ratio of 32.23 and a beta of 0.41.
In other news, insider Arthur P. Brazy, Jr. acquired 6,000 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average cost of $17.04 per share, for a total transaction of $102,240.00. Following the acquisition, the insider now owns 80,181 shares of the company’s stock, valued at $1,366,284.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.65% of the stock is currently owned by corporate insiders.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Atlantic Trust LLC purchased a new stake in Landmark Infrastructure Partners during the 3rd quarter valued at about $1,261,000. Green Square Capital LLC boosted its holdings in Landmark Infrastructure Partners by 0.7% during the 3rd quarter. Green Square Capital LLC now owns 1,025,873 shares of the financial services provider’s stock valued at $17,389,000 after acquiring an additional 7,006 shares during the period. Janus Henderson Group PLC purchased a new stake in Landmark Infrastructure Partners during the 3rd quarter valued at about $426,000. Wells Fargo & Company MN boosted its holdings in Landmark Infrastructure Partners by 127.1% during the 3rd quarter. Wells Fargo & Company MN now owns 7,951 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 4,450 shares during the period. Finally, Schroder Investment Management Group purchased a new stake in Landmark Infrastructure Partners during the 3rd quarter valued at about $788,000. Hedge funds and other institutional investors own 28.50% of the company’s stock.
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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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