Landmark Infrastructure (LMRK) Falls: Stock Goes Down 5.5% – Tale of the Tape

Zacks

Landmark Infrastructure Partners LP (LMRK) saw a big move last session, as the company’s shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $18.41 to $16.59 in the past one-month time frame.

The property management company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

LMRK currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the real estate sector is Jones Lang LaSalle Incorporated (JLL), which currently carries a Zacks Rank #2 (Buy).

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