Equities analysts expect Landmark Infrastructure Partners LP (NASDAQ:LMRK) to post $15.55 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Landmark Infrastructure Partners’ earnings, with the lowest sales estimate coming in at $14.50 million and the highest estimate coming in at $17.44 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 business is scheduled to announce its next quarterly earnings report before the market opens on Thursday, February 15th.

On average, analysts expect that Landmark Infrastructure Partners will report full year sales of $15.55 million for the current financial year, with estimates ranging from $52.64 million to $55.94 million. For the next fiscal year, analysts anticipate that the company will report sales of $69.97 million per share, with estimates ranging from $65.95 million to $72.48 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Landmark Infrastructure Partners.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. BidaskClub downgraded Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Royal Bank of Canada reaffirmed a “buy” rating and set a $19.00 price target on shares of Landmark Infrastructure Partners in a research report on Tuesday, November 7th. Finally, B. Riley reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $18.50.

In related news, insider Arthur P. Brazy, Jr. acquired 6,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were purchased at an average cost of $17.04 per share, with a total value of $102,240.00. Following the completion of the acquisition, the insider now directly owns 80,181 shares of the company’s stock, valued at $1,366,284.24. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.65% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Green Square Capital LLC grew its holdings in shares of Landmark Infrastructure Partners by 0.7% during the third quarter. Green Square Capital LLC now owns 1,025,873 shares of the financial services provider’s stock valued at $17,389,000 after buying an additional 7,006 shares during the last quarter. Orinda Asset Management LLC grew its holdings in shares of Landmark Infrastructure Partners by 65.3% during the fourth quarter. Orinda Asset Management LLC now owns 194,729 shares of the financial services provider’s stock valued at $3,525,000 after buying an additional 76,929 shares during the last quarter. Cedar Capital LLC purchased a new stake in shares of Landmark Infrastructure Partners during the third quarter valued at $2,798,000. Oxbow Advisors LLC grew its holdings in shares of Landmark Infrastructure Partners by 280.1% during the fourth quarter. Oxbow Advisors LLC now owns 109,100 shares of the financial services provider’s stock valued at $1,975,000 after buying an additional 80,400 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of Landmark Infrastructure Partners by 13.4% during 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 during the last quarter. 29.31% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Landmark Infrastructure Partners (LMRK) traded down $0.15 during mid-day trading on Monday, hitting $17.00. The stock had a trading volume of 41,440 shares, compared to its average volume of 40,127. The firm has a market capitalization of $339.31, a P/E ratio of 30.36 and a beta of 0.37. The company has a debt-to-equity ratio of 2.88, a quick ratio of 3.93 and a current ratio of 3.93. Landmark Infrastructure Partners has a 1-year low of $14.20 and a 1-year high of $18.75.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be issued a dividend of $0.3675 per share. The ex-dividend date is Friday, February 2nd. This is a positive change from Landmark Infrastructure Partners’s previous quarterly dividend of $0.36. This represents a $1.47 dividend on an annualized basis and a dividend yield of 8.65%. Landmark Infrastructure Partners’s payout ratio is 262.50%.

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Landmark Infrastructure Partners Company Profile

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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