The stock of Landmark Infrastructure Partners LP (NASDAQ:LMRK) is a huge mover today! About 731,535 shares traded hands or 2330.51% up from the average. Landmark Infrastructure Partners LP (NASDAQ:LMRK) has risen 12.61% since March 11, 2016 and is uptrending. It has outperformed by 7.15% the S&P500.
The move comes after 9 months negative chart setup for the $246.36 million company. It was reported on Oct, 14 by Barchart.com. We have $14.02 PT which if reached, will make NASDAQ:LMRK worth $34.49 million less.
Analysts await Landmark Infrastructure Partners LP (NASDAQ:LMRK) to report earnings on November, 3. They expect $0.14 earnings per share, up 600.00% or $0.12 from last year’s $0.02 per share. LMRK’s profit will be $2.12M for 29.11 P/E if the $0.14 EPS becomes a reality. After $0.09 actual earnings per share reported by Landmark Infrastructure Partners LP for the previous quarter, Wall Street now forecasts 55.56% EPS growth.
Landmark Infrastructure Partners LP (NASDAQ:LMRK) Ratings Coverage
Out of 3 analysts covering Landmark Infrastructure Partners (NASDAQ:LMRK), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Landmark Infrastructure Partners has been the topic of 4 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Zacks upgraded Landmark Infrastructure Partners LP (NASDAQ:LMRK) on Friday, August 7 to “Sell” rating. The rating was initiated by Wunderlich on Tuesday, September 22 with “Buy”. The firm has “Outperform” rating by FBR Capital given on Thursday, March 24.
According to Zacks Investment Research, “Landmark Infrastructure Partners LP is a master limited partnership company which focuses on acquiring, owning and managing a portfolio of real property interests. The company lease its properties to wireless communication, outdoor advertising and renewable power generation industries. Landmark Infrastructure Partners LP is based in El Segundo, California.”
More notable recent Landmark Infrastructure Partners LP (NASDAQ:LMRK) news were published by: Reuters.com which released: “BRIEF-Landmark Infrastructure Partners LP prices public offering of 3 mln …” on October 14, 2016, also Streetinsider.com with their article: “Landmark Infrastructure Partners (LMRK) Prices 3M Common Units Offering for …” published on October 14, 2016, Globenewswire.com published: “Landmark Infrastructure Partners LP Announces Launch of Public Offering of …” on October 13, 2016. More interesting news about Landmark Infrastructure Partners LP (NASDAQ:LMRK) were released by: Finance.Yahoo.com and their article: “Landmark Infrastructure Partners LP Announces Cash Distribution for its 8.00 …” published on September 22, 2016 as well as Globenewswire.com‘s news article titled: “Landmark Infrastructure Partners LP Announces Closing of Series B Preferred …” with publication date: August 08, 2016.
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