NASDAQ:MMLP - Martin Midstream Partners Stock Price, Forecast & News

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

Martin Midstream Partners announced a quarterly dividend on Tuesday, January 28th. Investors of record on Friday, February 7th will be paid a dividend of $0.063 per share on Friday, February 14th. This represents a $0.25 annualized dividend and a dividend yield of 9.92%. The ex-dividend date of this dividend is Thursday, February 6th. View Martin Midstream Partners' Dividend History.

Martin Midstream Partners L.P. (NASDAQ:MMLP) released its quarterly earnings results on Tuesday, January, 28th. The pipeline company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.10. Martin Midstream Partners had a negative return on equity of 72.41% and a negative net margin of 20.64%. View Martin Midstream Partners' Earnings History.

Martin Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Martin Midstream Partners.

1 analysts have issued twelve-month target prices for Martin Midstream Partners' stock. Their forecasts range from $4.00 to $4.00. On average, they expect Martin Midstream Partners' share price to reach $4.00 in the next year. This suggests a possible upside of 57.5% from the stock's current price. View Analyst Price Targets for Martin Midstream Partners.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Midstream Partners in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Martin Midstream Partners.

News coverage about MMLP stock has trended somewhat negative on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Martin Midstream Partners earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Martin Midstream Partners.

Martin Midstream Partners saw a increase in short interest in January. As of January 31st, there was short interest totalling 535,600 shares, an increase of 7.4% from the January 15th total of 498,700 shares. Based on an average daily trading volume, of 258,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.7% of the company's shares are short sold. View Martin Midstream Partners' Current Options Chain.

Some companies that are related to Martin Midstream Partners include Teekay (TK), Willis Lease Finance (WLFC), Genco Shipping & Trading (GNK), Green Plains Partners (GPP), P.A.M. Transportation Services (PTSI), US Xpress Enterprises (USX), Covenant Transportation Group (CVTI), USD Partners (USDP), Daseke (DSKE), TSAKOS ENERGY N/SH (TNP), Roadrunner Transportation Systems (RRTS), Scorpio Bulkers (SALT), Mesa Air Group (MESA), Diana Shipping (DSX) and Eagle Bulk Shipping (EGLE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Martin Midstream Partners investors own include Energy Transfer LP Unit (ET), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), NGL Energy Partners (NGL), AGNC Investment (AGNC), CBL & Associates Properties (CBL), Government Properties Income Trust (GOV), Cornerstone Strategic Value Fund (CLM), SandRidge Permian Trust (PER) and Prospect Capital (PSEC).

Martin Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include UBS Group AG (0.26%), Arrow Investment Advisors LLC (0.24%), Trust Asset Management LLC (0.17%), California Public Employees Retirement System (0.13%), Bank of America Corp DE (0.07%) and Geode Capital Management LLC (0.07%). Company insiders that own Martin Midstream Partners stock include C Scott Massey, Chris H Booth, Randall Tauscher, Robert D Bondurant, Ruben S Martin and Scot A Shoup. View Institutional Ownership Trends for Martin Midstream Partners.

MMLP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Trust Asset Management LLC, Geode Capital Management LLC, Bank of America Corp DE and Credit Suisse AG. View Insider Buying and Selling for Martin Midstream Partners.

MMLP stock was acquired by a variety of institutional investors in the last quarter, including Arrow Investment Advisors LLC, California Public Employees Retirement System, Virtu Financial LLC and Mariner Investment Group LLC. Company insiders that have bought Martin Midstream Partners stock in the last two years include C Scott Massey, Chris H Booth, Randall Tauscher, Robert D Bondurant, Ruben S Martin and Scot A Shoup. View Insider Buying and Selling for Martin Midstream Partners.

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

One share of MMLP stock can currently be purchased for approximately $2.54.

Martin Midstream Partners has a market capitalization of $98.91 million and generates $847.12 million in revenue each year. The pipeline company earns $44.10 million in net income (profit) each year or ($0.19) on an earnings per share basis. View Additional Information About Martin Midstream Partners.

The official website for Martin Midstream Partners is http://www.martinmidstream.com/.

Martin Midstream Partners' mailing address is 4200 STONE ROAD, KILGORE TX, 75662. The pipeline company can be reached via phone at 903-983-6252 or via email at [email protected]