NASDAQ:MMLPMartin Midstream Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Martin Midstream Partners L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.06 +0.05 (+4.95 %) (As of 04/10/2020 01:07 AM ET) Add Compare Share Today's Range$1.01Now: $1.06▼$1.1450-Day Range$0.94MA: $1.62▼$2.7052-Week Range$0.91Now: $1.06▼$12.37Volume334,435 shsAverage Volume307,179 shsMarket Capitalization$41.28 millionP/E RatioN/ADividend Yield24.75%Beta1.86 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 19 marine shore-based terminal facilities and 14 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Natural Gas Services segment distributes natural gas liquids (NGLs) to propane retailers, refineries, and industrial NGL users, as well as owns a NGL pipeline covering an area of approximately 200 miles from Kilgore, Texas to Beaumont, Texas; and owns approximately 2.4 million barrels of underground storage capacity for NGLs. It also operates and manages natural gas storage facilities in northern Louisiana and Mississippi. The company's Sulfur Services segment manufactures and markets various sulfur-based fertilizer and related sulfur products, including plant nutrient and agricultural ground sulfur products; ammonium sulfate products; industrial sulfur products; and liquid sulfur products. This segment owns 26 railcars and leases 42 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. Its Marine Transportation segment operates 31 inland marine tank barges, 17 inland push boats, and 1 offshore tug and barge units that transport petroleum products and by-products to oil and gas refining companies, and petroleum marketing companies. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was founded in 2002 and is based in Kilgore, Texas.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingMartin Midstream Partners has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, Martin Midstream Partners has a potential upside of 277.4% from its current price of $1.06.Amount of Analyst CoverageMartin Midstream Partners has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMartin Midstream Partners has received 271 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMartin Midstream Partners has received 367 “underperform” votes. (Add your “underperform” vote.)Community SentimentMartin Midstream Partners has received 57.52% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Martin Midstream Partners and other stocks. Vote “Outperform” if you believe MMLP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MMLP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipMartin Midstream Partners is a leading dividend payer. It pays a dividend yield of 24.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMartin Midstream Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Martin Midstream Partners is 227.27 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Martin Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $328,250.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 17.00% of the stock of Martin Midstream Partners is held by insiders.Percentage Held by InstitutionsOnly 25.68% of the stock of Martin Midstream Partners is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Martin Midstream Partners are expected to decrease by -43.75% in the coming year, from ($0.32) to ($0.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Midstream Partners is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Martin Midstream Partners is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.85 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Petroleum bulk stations & terminals Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:MMLP Previous Symbol CUSIPN/A CIK1176334 Webhttp://www.martinmidstream.com/ Phone903-983-6252Debt Debt-to-Equity RatioN/A Current Ratio1.69 Quick Ratio1.11Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$847.12 million Price / Sales0.05 Cash Flow$1.86 per share Price / Cash Flow0.57 Book Value($0.93) per share Price / Book-1.14Profitability EPS (Most Recent Fiscal Year)$0.11 Net Income$-174,950,000.00 Net Margins-20.38% Return on Equity-64.69% Return on Assets-1.17%Miscellaneous Employees1,292 Outstanding Shares38,944,000Market Cap$41.28 million Next Earnings Date4/22/2020 (Estimated) OptionableOptionable Receive MMLP News and Ratings via Email Sign-up to receive the latest news and ratings for MMLP and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:MMLP Rates by TradingView Martin Midstream Partners (NASDAQ:MMLP) Frequently Asked Questions How has Martin Midstream Partners' stock been impacted by COVID-19 (Coronavirus)? Martin Midstream Partners' stock was trading at $1.52 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MMLP stock has decreased by 30.3% and is now trading at $1.06. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Martin Midstream Partners' next earnings date? Martin Midstream Partners is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Martin Midstream Partners. How were Martin Midstream Partners' earnings last quarter? Martin Midstream Partners L.P. (NASDAQ:MMLP) released its earnings results on Friday, February, 14th. The pipeline company reported $0.17 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.02) by $0.19. The pipeline company earned $241.86 million during the quarter. Martin Midstream Partners had a negative return on equity of 64.69% and a negative net margin of 20.38%. View Martin Midstream Partners' earnings history. How often does Martin Midstream Partners pay dividends? What is the dividend yield for Martin Midstream Partners? Martin Midstream Partners announced a quarterly dividend on Tuesday, January 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 23.77%. The ex-dividend date of this dividend is Thursday, February 6th. View Martin Midstream Partners' dividend history. What price target have analysts set for MMLP? 1 Wall Street analysts have issued twelve-month price objectives 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 twelve months. This suggests a possible upside of 277.4% from the stock's current price. View analysts' price targets for Martin Midstream Partners. Has Martin Midstream Partners been receiving favorable news coverage? News articles about MMLP stock have been trending very negative on Friday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Martin Midstream Partners earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutMartin Midstream Partners. Are investors shorting Martin Midstream Partners? Martin Midstream Partners saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,006,900 shares, a drop of 11.7% from the February 27th total of 1,140,000 shares. Based on an average daily trading volume, of 251,200 shares, the short-interest ratio is currently 4.0 days. Approximately 3.2% of the shares of the company are sold short. View Martin Midstream Partners' Current Options Chain. Who are some of Martin Midstream Partners' key competitors? Some companies that are related to Martin Midstream Partners include Ardmore Shipping (ASC), Covenant Transportation Group (CVTI), Eagle Bulk Shipping (EGLE), Capital Product Partners (CPLP), Scorpio Bulkers (SALT), Diana Shipping (DSX), PowerFleet (PWFL), Green Plains Partners (GPP), Safe Bulkers (SB), Willis Lease Finance (WLFC), GasLog Partners LP Unit (GLOP), Danaos (DAC), Era Group (ERA), Roadrunner Transportation Systems (RRTS) and Mesa Air Group (MESA). What other stocks do shareholders of Martin Midstream Partners own? 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), NGL Energy Partners (NGL), AGNC Investment (AGNC), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Government Properties Income Trust (GOV), ANNALY CAP MGMT/SH (NLY), Cornerstone Strategic Value Fund (CLM) and SandRidge Permian Trust (PER). Who are Martin Midstream Partners' key executives? Martin Midstream Partners' management team includes the following people: Mr. Ruben S. Martin III, Pres, CEO & Director of Martin Midstream GP LLC (Age 67)Mr. Robert D. Bondurant, Exec. VP, CFO & Director of Martin Midstream GP LLC (Age 60)Mr. Randall L. Tauscher, Exec. VP & COO of Martin Midstream GP LLC (Age 53)Mr. Chris H. Booth, Chief Legal Officer, EVP, Gen. Counsel & Sec. of Martin Midstream GP LLC (Age 49)Mr. Scot A. Shoup, Sr. VP of Operations - Martin Midstream GP LLC (Age 58) What is Martin Midstream Partners' stock symbol? Martin Midstream Partners trades on the NASDAQ under the ticker symbol "MMLP." How do I buy shares of 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. What is Martin Midstream Partners' stock price today? One share of MMLP stock can currently be purchased for approximately $1.06. How big of a company is Martin Midstream Partners? Martin Midstream Partners has a market capitalization of $41.28 million and generates $847.12 million in revenue each year. The pipeline company earns $-174,950,000.00 in net income (profit) each year or $0.11 on an earnings per share basis. Martin Midstream Partners employs 1,292 workers across the globe. View additional information about Martin Midstream Partners. What is Martin Midstream Partners' official website? The official website for Martin Midstream Partners is http://www.martinmidstream.com/. How can I contact Martin Midstream Partners? 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] This page was last updated on 4/10/2020 by MarketBeat.com StaffFeatured Article: Inverted Yield Curve
