Landmark Infrastructure (NASDAQ:LMRK) has been assigned an average rating of “Hold” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $19.13.
LMRK has been the topic of a number of research reports. Zacks Investment Research raised shares of Landmark Infrastructure from a “hold” rating to a “strong-buy” rating and set a $19.00 price target on the stock in a research note on Wednesday, April 18th. Wells Fargo & Co initiated coverage on shares of Landmark Infrastructure in a research note on Monday, February 26th. They issued a “market perform” rating and a $18.50 price target on the stock. BidaskClub lowered shares of Landmark Infrastructure from a “hold” rating to a “sell” rating in a research note on Thursday, March 8th. TheStreet lowered shares of Landmark Infrastructure from a “b” rating to a “c+” rating in a research note on Wednesday, May 16th. Finally, ValuEngine lowered shares of Landmark Infrastructure from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd.
Shares of LMRK stock traded down $0.15 during mid-day trading on Thursday, hitting $13.80. 63,700 shares of the stock were exchanged, compared to its average volume of 54,798. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 3.18. Landmark Infrastructure has a 52-week low of $12.95 and a 52-week high of $18.75. The firm has a market cap of $350.08 million, a P/E ratio of 21.23, a PEG ratio of 3.96 and a beta of 0.39.
Landmark Infrastructure (NASDAQ:LMRK) last posted its earnings results on Wednesday, May 2nd. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The business had revenue of $15.70 million for the quarter, compared to analyst estimates of $16.49 million. Landmark Infrastructure had a net margin of 33.54% and a return on equity of 13.43%. analysts anticipate that Landmark Infrastructure will post 0.71 earnings per share for the current fiscal year.
In other Landmark Infrastructure news, insider Arthur P. Brazy, Jr. acquired 7,400 shares of the business’s stock in a transaction on Friday, May 4th. The stock was bought at an average price of $14.50 per share, for a total transaction of $107,300.00. Following the acquisition, the insider now owns 108,198 shares in the company, valued at $1,568,871. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Arthur P. Brazy, Jr. acquired 6,356 shares of the business’s stock in a transaction on Monday, May 7th. The stock was acquired at an average price of $14.45 per share, with a total value of $91,844.20. Following the acquisition, the insider now owns 114,554 shares in the company, valued at approximately $1,655,305.30. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 16,406 shares of company stock valued at $234,655. 0.65% of the stock is owned by insiders.
Hedge funds have recently added to or reduced their stakes in the business. BW Gestao de Investimentos Ltda. acquired a new stake in Landmark Infrastructure in the 1st quarter valued at about $181,000. California Public Employees Retirement System acquired a new stake in shares of Landmark Infrastructure during the 4th quarter worth approximately $377,000. Lee Financial Co acquired a new stake in shares of Landmark Infrastructure during the 1st quarter worth approximately $415,000. Kayne Anderson Capital Advisors LP increased its holdings in shares of Landmark Infrastructure by 21.4% during the 1st quarter. Kayne Anderson Capital Advisors LP now owns 28,400 shares of the financial services provider’s stock worth $472,000 after buying an additional 5,000 shares during the last quarter. Finally, Penbrook Management LLC acquired a new stake in shares of Landmark Infrastructure during the 4th quarter worth approximately $634,000. Institutional investors own 18.54% of the company’s stock.
Landmark Infrastructure 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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