Martin Midstream Partners L.P. (NASDAQ:MMLP) Expected to Earn Q1 2025 Earnings of $0.02 Per Share

Martin Midstream Partners L.P. (NASDAQ:MMLP - Free Report) - Stock analysts at Sidoti Csr decreased their Q1 2025 EPS estimates for Martin Midstream Partners in a research report issued to clients and investors on Monday, April 22nd. Sidoti Csr analyst K. May now anticipates that the pipeline company will earn $0.02 per share for the quarter, down from their previous forecast of $0.08. The consensus estimate for Martin Midstream Partners' current full-year earnings is $0.10 per share. Sidoti Csr also issued estimates for Martin Midstream Partners' Q4 2025 earnings at $0.07 EPS.

Martin Midstream Partners (NASDAQ:MMLP - Get Free Report) last issued its earnings results on Wednesday, February 14th. The pipeline company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.05. Martin Midstream Partners had a net margin of 0.52% and a negative return on equity of 5.91%. The company had revenue of $181.10 million during the quarter, compared to analysts' expectations of $177.85 million.

Separately, StockNews.com began coverage on shares of Martin Midstream Partners in a report on Wednesday, April 17th. They issued a "strong-buy" rating for the company.

Martin Midstream Partners Price Performance

Martin Midstream Partners stock traded down $0.15 during mid-day trading on Tuesday, reaching $2.60. The company had a trading volume of 28,483 shares, compared to its average volume of 47,945. Martin Midstream Partners has a 1 year low of $1.95 and a 1 year high of $3.30. The company has a market capitalization of $101.40 million, a P/E ratio of 28.89 and a beta of 2.12. The stock's 50-day simple moving average is $2.53 and its 200-day simple moving average is $2.46.

Institutional Trading of Martin Midstream Partners

Several large investors have recently modified their holdings of MMLP. American National Bank acquired a new stake in Martin Midstream Partners during the first quarter worth approximately $35,000. Victory Capital Management Inc. boosted its position in Martin Midstream Partners by 33.6% during the fourth quarter. Victory Capital Management Inc. now owns 29,793 shares of the pipeline company's stock worth $72,000 after acquiring an additional 7,500 shares during the last quarter. Finally, Raymond James & Associates boosted its position in Martin Midstream Partners by 3.3% during the third quarter. Raymond James & Associates now owns 606,758 shares of the pipeline company's stock worth $1,687,000 after acquiring an additional 19,194 shares during the last quarter. 34.90% of the stock is currently owned by institutional investors and hedge funds.

Martin Midstream Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 8th will be given a $0.005 dividend. The ex-dividend date is Tuesday, May 7th. This represents a $0.02 annualized dividend and a dividend yield of 0.77%. Martin Midstream Partners's dividend payout ratio is presently 22.22%.

Martin Midstream Partners Company Profile

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.