Martin Midstream Partners L.P. Company Profile (NASDAQ:MMLP)

About Martin Midstream Partners L.P. (NASDAQ:MMLP)

Martin Midstream Partners L.P. logoMartin Midstream Partners L.P. is a limited partnership with a set of operations focused in the United States Gulf Coast region. The Company's four business lines include terminalling and storage services for petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of finished lubricants; natural gas services, including liquids transportation and distribution services, and natural gas storage; sulfur and sulfur-based products processing, manufacturing, marketing and distribution, and marine transportation services for petroleum products and by-products. The petroleum products and by-products it collects, transports, stores and markets are produced by oil and gas companies. As of December 31, 2016, it operated 26 marine shore-based terminal facilities and 14 specialty terminal facilities located in the United States Gulf Coast region. Its customers include oil and gas companies, chemical companies and fertilizer manufacturers.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Inland Water Freight
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MMLP
  • CUSIP: N/A
  • Web: www.martinmidstream.com
Capitalization:
  • Market Cap: $636.38 million
  • Outstanding Shares: 38,452,000
Average Prices:
  • 50 Day Moving Avg: $16.65
  • 200 Day Moving Avg: $18.02
  • 52 Week Range: $15.45 - $21.14
P/E:
  • Trailing P/E Ratio: 19.77
  • Foreward P/E Ratio: 18.60
  • P/E Growth: 12.17
Sales & Book Value:
  • Annual Revenue: $858.69 million
  • Price / Sales: 0.74
  • Book Value: $8.49 per share
  • Price / Book: 1.95
Dividend:
  • Annual Dividend: $2.00
  • Dividend Yield: 12.1%
Profitability:
  • EBITDA: $158.41 million
  • Net Margins: 3.67%
  • Return on Equity: 9.62%
  • Return on Assets: 2.51%
Debt:
  • Debt-to-Equity Ratio: 2.33%
  • Current Ratio: 1.83%
  • Quick Ratio: 0.87%
Misc:
  • Average Volume: 120,702 shs.
  • Beta: 1.51
  • Short Ratio: 5.43
 

Frequently Asked Questions for Martin Midstream Partners L.P. (NASDAQ:MMLP)

What is Martin Midstream Partners L.P.'s stock symbol?

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

How often does Martin Midstream Partners L.P. pay dividends? What is the dividend yield for Martin Midstream Partners L.P.?

Martin Midstream Partners L.P. announced a quarterly dividend on Friday, October 20th. Stockholders of record on Tuesday, November 7th will be paid a dividend of $0.50 per share on Tuesday, November 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.08%. The ex-dividend date of this dividend is Monday, November 6th. View Martin Midstream Partners L.P.'s Dividend History.

How were Martin Midstream Partners L.P.'s earnings last quarter?

Martin Midstream Partners L.P. (NASDAQ:MMLP) released its earnings results on Wednesday, July, 26th. The company reported $0.03 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.04) by $0.07. The company had revenue of $193.90 million for the quarter, compared to the consensus estimate of $201.17 million. Martin Midstream Partners L.P. had a net margin of 3.67% and a return on equity of 9.62%. The business's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the company earned ($0.14) earnings per share. View Martin Midstream Partners L.P.'s Earnings History.

When will Martin Midstream Partners L.P. make its next earnings announcement?

Martin Midstream Partners L.P. is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Martin Midstream Partners L.P..

Where is Martin Midstream Partners L.P.'s stock going? Where will Martin Midstream Partners L.P.'s stock price be in 2017?

4 analysts have issued 1-year price targets for Martin Midstream Partners L.P.'s shares. Their predictions range from $20.00 to $24.00. On average, they expect Martin Midstream Partners L.P.'s share price to reach $21.50 in the next twelve months. View Analyst Ratings for Martin Midstream Partners L.P..

What are analysts saying about Martin Midstream Partners L.P. stock?

Here are some recent quotes from research analysts about Martin Midstream Partners L.P. stock:

  • 1. According to Zacks Investment Research, "Martin Midstream is a limited partnership which stores and transports hydrocarbon products and specialty chemicals, primarily in the Gulf Coast. It runs a marine transportation business, mostly barges and tugs, and operates storage tanks. " (10/18/2017)
  • 2. FBR & Co analysts commented, "Strength from early fertilizer demand and interruptible gas storage services offset weather-related weakness during the quarter. We expect the remainder of the year to fall in line with seasonal norms and expect results to remain near guidance. An early planting drove up fertilizer demand for the quarter but is expected to drop in 2Q as demand decreases. The propane business has been affected by warm weather and is not likely to achieve its guidance levels, but the segment generates a small portion of overall cash flows and should not be material to full-year results." (5/1/2017)
  • 3. Stifel Nicolaus analysts commented, " (12/6/2016)

Who are some of Martin Midstream Partners L.P.'s key competitors?

Who are Martin Midstream Partners L.P.'s key executives?

Martin Midstream Partners L.P.'s management team includes the folowing people:

  • Ruben S. Martin III, President, Chief Executive Officer and Director of Martin Midstream GP LLC
  • Robert D. Bondurant, Chief Financial Officer, Executive Vice President, Director of Martin Midstream GP LLC
  • Randall L. Tauscher, Chief Operating Officer, Executive Vice President of Martin Midstream GP LLC
  • Chris H. Booth, Executive Vice President, Chief Legal Officer, General Counsel, Secretary of Martin Midstream GP LLC
  • Stephen Martin, Vice President - Corporate Development Martin Midstream GP LLC
  • Sean P. Dolan, Director of Martin Midstream GP LLC
  • Zachary S. Stanton, Director of Martin Midstream GP LLC
  • James M. Collingsworth, Independent Director of Martin Midstream GP LLC
  • Byron R. Kelley, Independent Director of Martin Midstream GP LLC
  • C. Scott Massey, Independent Director of Martin Midstream GP LLC

Who owns Martin Midstream Partners L.P. stock?

Martin Midstream Partners L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include Adams Asset Advisors LLC (0.77%). Company insiders that own Martin Midstream Partners L.P. stock include Chris H Booth, James M Collingsworth, Randall Tauscher, Robert D Bondurant and Ruben S Martin. View Institutional Ownership Trends for Martin Midstream Partners L.P..

Who bought Martin Midstream Partners L.P. stock? Who is buying Martin Midstream Partners L.P. stock?

Martin Midstream Partners L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC. Company insiders that have bought Martin Midstream Partners L.P. stock in the last two years include Chris H Booth, James M Collingsworth, Randall Tauscher, Robert D Bondurant and Ruben S Martin. View Insider Buying and Selling for Martin Midstream Partners L.P..

How do I buy Martin Midstream Partners L.P. stock?

Shares of Martin Midstream Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Martin Midstream Partners L.P.'s stock price today?

One share of Martin Midstream Partners L.P. stock can currently be purchased for approximately $16.55.


MarketBeat Community Rating for Martin Midstream Partners L.P. (NASDAQ MMLP)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  256
MarketBeat's community ratings are surveys of what our community members think about Martin Midstream Partners L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Martin Midstream Partners L.P. (NASDAQ:MMLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $21.50 (29.91% upside)
Consensus Price Target History for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Price Target History for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Analysts' Ratings History for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/24/2017Robert W. BairdReiterated RatingHold$20.00HighView Rating Details
8/11/2017Stifel NicolausReiterated RatingHold$20.00LowView Rating Details
5/23/2017Royal Bank Of CanadaReiterated RatingHold$22.00LowView Rating Details
5/1/2017FBR & CoReiterated RatingBuy$24.00MediumView Rating Details
9/16/2016Janney Montgomery ScottInitiated CoverageNeutral$22.00N/AView Rating Details
3/25/2016Raymond James Financial, Inc.Boost Price TargetOutperform$19.00 -> $22.00N/AView Rating Details
3/3/2016StephensUpgradeEqual Weight -> Overweight$25.00N/AView Rating Details
2/17/2016Bank of America CorporationDowngradeBuy -> Underperform$38.00 -> $14.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Earnings by Quarter for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Earnings History by Quarter for Martin Midstream Partners L.P. (NASDAQ MMLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017($0.07)N/AView Earnings Details
7/26/2017Q2 2017($0.04)$0.03$201.17 million$193.90 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.26$0.36$229.84 million$253.33 millionViewN/AView Earnings Details
2/15/2017Q4 2016$0.34$0.49$218.95 million$236.90 millionViewN/AView Earnings Details
10/26/2016Q3$0.03($0.03)$207.11 million$174.54 millionViewN/AView Earnings Details
7/27/2016Q2$0.24($0.14)$225.13 million$190.35 millionViewN/AView Earnings Details
4/27/2016Q116$0.36$0.33$253.33 million$205.60 millionViewN/AView Earnings Details
2/24/2016Q415$0.33$0.08$309.07 millionViewListenView Earnings Details
10/28/2015Q315$0.21($0.02)$324.82 million$226.02 millionViewListenView Earnings Details
7/29/2015Q2$0.36$0.19$423.70 million$251.10 millionViewListenView Earnings Details
4/29/2015Q1$0.32$0.34$560.27 million$305.40 millionViewN/AView Earnings Details
2/25/2015Q414$0.50$0.07$680.70 millionViewN/AView Earnings Details
10/29/2014Q3$0.25$0.22$449.61 million$389.99 millionViewN/AView Earnings Details
7/30/2014Q2 2014$0.34$0.37$423.59 million$418.95 millionViewN/AView Earnings Details
4/30/2014Q1 2014$0.48$0.43$483.86 million$497.03 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.50$0.33$369.77 million$358.20 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.49$0.61$423.28 million$433.70 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.42$0.36$337.84 millionViewN/AView Earnings Details
11/5/2012Q312$0.24$0.44$285.71 million$317.90 millionViewN/AView Earnings Details
8/1/2012$0.43$0.25ViewN/AView Earnings Details
5/2/2012$0.41$0.42ViewN/AView Earnings Details
2/29/2012$0.27$0.06ViewN/AView Earnings Details
11/2/2011$0.28$0.20ViewN/AView Earnings Details
8/3/2011$0.33$0.37ViewN/AView Earnings Details
5/5/2011$0.42$0.32ViewN/AView Earnings Details
3/2/2011$0.33$0.53ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Martin Midstream Partners L.P. (NASDAQ:MMLP)
2017 EPS Consensus Estimate: $0.83
2018 EPS Consensus Estimate: $0.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.36$0.36$0.36
Q2 20171$0.10$0.10$0.10
Q3 20171($0.02)($0.02)($0.02)
Q4 20171$0.39$0.39$0.39
Q1 20181$0.42$0.42$0.42
Q2 20181$0.08$0.08$0.08
Q3 20181($0.04)($0.04)($0.04)
Q4 20181$0.41$0.41$0.41
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Next Dividend:11/14/2017
Annual Dividend:$2.00
Dividend Yield:12.08%
Payout Ratio:235.29% (Trailing 12 Months of Earnings)
289.86% (Based on This Year's Estimates)
224.72% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Martin Midstream Partners L.P. (NASDAQ:MMLP)

Dividend History by Quarter for Martin Midstream Partners L.P. (NASDAQ MMLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/20/2017quarterly$0.5012.08%11/6/201711/7/201711/14/2017
7/21/2017quarterly$0.5010.44%8/3/20178/7/20178/14/2017
4/21/2017quarterly$0.5010.18%5/4/20175/8/20175/15/2017
1/20/2017quarterly$0.5010.78%2/3/20172/7/20172/14/2017
10/21/2016quarterly$0.509.54%11/3/201611/7/201611/14/2016
7/22/2016quarterly$0.8113.06%8/3/20168/5/20168/12/2016
4/25/2016quarterly$0.8114.17%5/4/20165/6/20165/13/2016
1/22/2016quarterly$0.8119.47%2/3/20162/5/20162/12/2016
10/23/2015quarterly$0.8111.47%11/4/201511/6/201511/13/2015
7/24/2015quarterly$0.8110.4%8/5/20158/7/20158/14/2015
4/24/2015quarterly$0.818.89%5/6/20155/8/20155/15/2015
1/23/2015quarterly$0.8110.6%2/4/20152/6/20152/13/2015
10/23/2014quarterly$0.818.81%11/5/201411/7/201411/14/2014
7/24/2014quarterly$0.797.86%8/5/20148/7/20148/14/2014
4/23/2014quarterly$0.797.54%5/1/20145/5/20145/15/2014
1/23/2014quarterly$0.792/5/20142/7/20142/14/2014
10/25/2013quarterly$0.786.47%11/5/201311/7/201311/14/2013
4/25/2013quarterly$0.787.61%5/6/20135/8/20135/15/2013
1/24/2013quarterly$0.778.98%2/5/20132/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Insider Ownership Percentage: 17.00%
Institutional Ownership Percentage: 31.80%
Insider Trades by Quarter for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Institutional Ownership by Quarter for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Insider Trades by Quarter for Martin Midstream Partners L.P. (NASDAQ:MMLP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/4/2017Robert D BondurantVPBuy339$16.50$5,593.50View SEC Filing  
10/4/2017Ruben S MartinInsiderBuy850$16.50$14,025.00View SEC Filing  
8/18/2017Randall TauscherInsiderBuy239$17.81$4,256.59View SEC Filing  
8/18/2017Robert D BondurantVPBuy331$17.81$5,895.11View SEC Filing  
7/17/2017Robert D BondurantVPBuy361$18.06$6,519.66View SEC Filing  
7/17/2017Ruben S MartinInsiderBuy906$18.06$16,362.36View SEC Filing  
5/19/2017Robert D BondurantVPBuy292$19.08$5,571.36View SEC Filing  
5/19/2017Ruben S MartinInsiderBuy25$19.08$477.00View SEC Filing  
4/7/2017Robert D BondurantVPBuy278$20.08$5,582.24View SEC Filing  
4/7/2017Ruben S MartinInsiderBuy699$20.08$14,035.92View SEC Filing  
1/9/2017Robert D BondurantVPBuy345$18.91$6,523.95View SEC Filing  
1/9/2017Ruben S MartinInsiderBuy866$18.91$16,376.06View SEC Filing  
11/18/2016Robert D BondurantVPBuy280$17.76$4,972.80View SEC Filing  
11/18/2016Ruben S MartinInsiderBuy730$17.76$12,964.80View SEC Filing  
10/7/2016Robert D BondurantVPBuy327$19.91$6,510.57View SEC Filing  
10/7/2016Ruben S MartinInsiderBuy822$19.91$16,366.02View SEC Filing  
8/18/2016Robert D BondurantVPBuy355$21.24$7,540.20View SEC Filing  
8/18/2016Ruben S MartinInsiderBuy925$21.24$19,647.00View SEC Filing  
7/8/2016Randall TauscherCOOBuy94$23.68$2,225.92View SEC Filing  
7/8/2016Robert D BondurantCFOBuy236$23.68$5,588.48View SEC Filing  
7/8/2016Ruben S MartinCEOBuy593$23.68$14,042.24View SEC Filing  
5/19/2016Randall TauscherCOOBuy249$22.53$5,609.97View SEC Filing  
5/19/2016Robert D BondurantCFOBuy314$22.53$7,074.42View SEC Filing  
5/19/2016Ruben S MartinCEOBuy821$22.53$18,497.13View SEC Filing  
4/7/2016Randall TauscherCOOBuy110$20.24$2,226.40View SEC Filing  
4/7/2016Robert D BondurantCFOBuy276$20.24$5,586.24View SEC Filing  
4/7/2016Ruben S MartinCEOBuy693$20.24$14,026.32View SEC Filing  
3/8/2016Chris H BoothVPBuy1,500$16.44$24,660.00View SEC Filing  
3/8/2016Randall TauscherCOOBuy4,000$16.71$66,840.00View SEC Filing  
3/4/2016Robert D BondurantCFOBuy5,000$16.43$82,150.00View SEC Filing  
3/3/2016Ruben S MartinCEOBuy2,000$17.15$34,300.00View SEC Filing  
3/2/2016Chris H BoothVPBuy3,500$15.93$55,755.00View SEC Filing  
3/2/2016Robert D BondurantCFOBuy1,160$15.50$17,980.00View SEC Filing  
3/2/2016Ruben S MartinCEOBuy13,477$15.83$213,340.91View SEC Filing  
3/1/2016Randall TauscherCOOBuy5,000$15.73$78,650.00View SEC Filing  
2/26/2016James M CollingsworthDirectorBuy775$15.24$11,811.00View SEC Filing  
2/19/2016Randall TauscherCOOBuy339$15.46$5,240.94View SEC Filing  
2/19/2016Robert D BondurantCFOBuy421$15.46$6,508.66View SEC Filing  
2/19/2016Ruben S MartinCEOBuy1,102$15.46$17,036.92View SEC Filing  
12/4/2015Ruben S MartinCEOBuy5,000$21.20$106,000.00View SEC Filing  
8/3/2015Ruben S MartinCEOBuy1,000$28.68$28,680.00View SEC Filing  
7/8/2015Randall TauscherCOOBuy72$30.96$2,229.12View SEC Filing  
7/8/2015Robert D BondurantCFOBuy180$30.96$5,572.80View SEC Filing  
7/8/2015Ruben S MartinCEOBuy453$30.96$14,024.88View SEC Filing  
10/1/2014Randall TauscherCOOBuy71$37.29$2,647.59View SEC Filing  
10/1/2014Robert D BondurantCFOBuy177$37.29$6,600.33View SEC Filing  
10/1/2014Ruben S MartinCEOBuy45$37.29$1,678.05View SEC Filing  
9/12/2014Ruben S MartinCEOBuy5,000$37.10$185,500.00View SEC Filing  
8/22/2014Ruben S MartinCEOBuy2,000$39.00$78,000.00View SEC Filing  
8/11/2014Ruben S MartinCEOBuy3,000$37.56$112,680.00View SEC Filing  
5/15/2014C Scott MasseyDirectorBuy1,750$39.95$69,912.50View SEC Filing  
5/14/2014Robert BondurantCFOBuy1,000$39.65$39,650.00View SEC Filing  
5/14/2014Ruben MartinCEOBuy2,000$39.79$79,580.00View SEC Filing  
12/5/2013Robert BondurantCFOBuy1,500$40.61$60,915.00View SEC Filing  
12/3/2013Ruben MartinCEOBuy3,000$41.85$125,550.00View SEC Filing  
12/13/2012Wesley M SkeltonVPBuy1,000$30.22$30,220.00View SEC Filing  
11/7/2012C Scott MasseyDirectorBuy2,647$34.16$90,421.52View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Martin Midstream Partners L.P. (NASDAQ:MMLP)
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Chart

Martin Midstream Partners L.P. (MMLP) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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