Martin Midstream Partners (MMLP) Stock Forecast, Price & News

Martin Midstream Partners' stock was trading at $3.00 at the beginning of 2023. Since then, MMLP stock has decreased by 27.3% and is now trading at $2.18.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our MMLP earnings forecast.

Martin Midstream Partners L.P. (NASDAQ:MMLP) posted its quarterly earnings results on Tuesday, October, 19th. The pipeline company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by $0.01. The pipeline company earned $211.26 million during the quarter. Martin Midstream Partners had a negative trailing twelve-month return on equity of 16.53% and a negative net margin of 2.73%. During the same period in the prior year, the business posted ($0.27) EPS.

Martin Midstream Partners declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.005 per share on Monday, May 15th. This represents a $0.02 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend is Friday, May 5th.
Read our dividend analysis for MMLP.

Global X MLP ETF holds 100 shares of MMLP stock, representing 0.00% of its portfolio.

Martin Midstream Partners (NASDAQ:MMLP) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.85%.
Read our dividend analysis for MMLP.

7 employees have rated Martin Midstream Partners Chief Executive Officer Ruben S. Martin III on Glassdoor.com. Ruben S. Martin III has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Martin Midstream Partners investors own include Energy Transfer (ET), SunCoke Energy Partners (SXCP), NGL Energy Partners (NGL), AGNC Investment (AGNC), Annaly Capital Management (NLY), Cornerstone Total Return Fund (CRF), AT&T (T), CBL & Associates Properties (CBL), Alliance Resource Partners (ARLP) and Cornerstone Strategic Value Fund (CLM).

Martin Midstream Partners trades on the NASDAQ under the ticker symbol "MMLP."

Martin Midstream Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Raymond James & Associates (1.47%), JPMorgan Chase & Co. (1.42%), BNP Paribas Arbitrage SNC (0.18%), Susquehanna International Group LLP (0.00%) and Group One Trading L.P. (0.00%). Insiders that own company stock include Chris H Booth, Randall Tauscher, Robert D Bondurant, Robert D Bondurant, Ruben S Martin, Ruben S Martin, Scot A Shoup and Sharon L Taylor.
View institutional ownership trends.

Shares of MMLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MMLP stock can currently be purchased for approximately $2.18.

Martin Midstream Partners (NASDAQ:MMLP) has a market capitalization of $84.85 million and generates $1.02 billion in revenue each year. The pipeline company earns $-10,330,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis.

The company employs 1,570 workers across the globe.

Martin Midstream Partners' mailing address is 4200 STONE ROAD, KILGORE TX, 75662. The official website for the company is www.martinmidstream.com. The pipeline company can be reached via phone at (903) 983-6200, via email at ir@mmlp.com, or via fax at 903-983-6271.