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 $2.73 -0.02 (-0.73 %) (As of 05/26/2020 04:00 PM ET) Add Compare Share Today's Range$2.64Now: $2.73▼$2.7450-Day Range$1.00MA: $2.01▼$3.5152-Week Range$0.90Now: $2.73▼$7.26Volume114,500 shsAverage Volume350,256 shsMarket Capitalization$106.07 millionP/E RatioN/ADividend Yield9.16%Beta3.27 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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™ 0.8 Analyst's Opinion Consensus RatingMartin Midstream Partners has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.00, Martin Midstream Partners has a potential upside of 9.9% from its current price of $2.73.Amount of Analyst CoverageMartin Midstream Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMartin Midstream Partners has received 273 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMartin Midstream Partners has received 369 “underperform” votes. (Add your “underperform” vote.)Community SentimentMartin Midstream Partners has received 57.48% “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 9.16%, 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 $18,343.00 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 27.43% of the stock of Martin Midstream Partners is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Martin Midstream Partners are expected to grow in the coming year, from ($0.29) to ($0.24) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Martin Midstream Partners is -0.67, 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 -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 0.8Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.63 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 Webwww.martinmidstream.com Phone903-983-6252Debt Debt-to-Equity RatioN/A Current Ratio0.28 Quick Ratio0.18Price-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 / Sales0.13 Cash Flow$1.75 per share Price / Cash Flow1.56 Book Value($0.93) per share Price / Book-2.94Profitability EPS (Most Recent Fiscal Year)$0.11 Net Income$-174,950,000.00 Net Margins-20.16% Return on Equity-9.28% Return on Assets0.47%Miscellaneous Employees1,292 Outstanding Shares38,853,000Market Cap$106.07 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:MMLP Rates by TradingView 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. 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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MMLP shares have increased by 79.6% and is now trading at $2.73. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Martin Midstream Partners? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Midstream Partners in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." 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, July 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) announced its quarterly earnings results on Wednesday, April, 22nd. The pipeline company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.01. The pipeline company earned $198.88 million during the quarter. Martin Midstream Partners had a negative return on equity of 9.28% and a negative net margin of 20.16%. 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 Wednesday, April 22nd. Investors of record on Friday, May 8th will be given a dividend of $0.063 per share on Friday, May 15th. This represents a $0.25 dividend on an annualized basis and a yield of 9.23%. The ex-dividend date is Thursday, May 7th. View Martin Midstream Partners' dividend history. What price target have analysts set for MMLP? 2 Wall Street analysts have issued 12-month target prices for Martin Midstream Partners' shares. Their forecasts range from $2.00 to $4.00. On average, they anticipate Martin Midstream Partners' stock price to reach $3.00 in the next year. This suggests a possible upside of 9.9% from the stock's current price. View analysts' price targets for Martin Midstream Partners. Has Martin Midstream Partners been receiving favorable news coverage? Media stories about MMLP stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Martin Midstream Partners earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave news coverage 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 the latest news aboutMartin Midstream Partners. Are investors shorting Martin Midstream Partners? Martin Midstream Partners saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,010,000 shares, an increase of 20.3% from the April 30th total of 839,300 shares. Based on an average trading volume of 363,500 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.2% of the shares of the stock 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 Dorian LPG (LPG), Corporacion America Airports (CAAP), Diamond S Shipping (DSSI), Hertz Global (HTZ), Universal Logistics (ULH), Rev Group (REVG), Hoegh LNG Partners (HMLP), Navigator (NVGS), CAI International (CAI), Teekay (TK), GasLog (GLOG), GasLog Partners LP Unit (GLOP), TSAKOS ENERGY N/SH (TNP), US Xpress Enterprises (USX) and Genco Shipping & Trading (GNK). View all competitors. 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), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), ANNALY CAP MGMT/SH (NLY), Cornerstone Strategic Value Fund (CLM), Government Properties Income Trust (GOV) 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." Who are Martin Midstream Partners' major shareholders? Martin Midstream Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (2.03%), Morgan Stanley (0.72%), GSA Capital Partners LLP (0.49%), CNH Partners LLC (0.27%), UBS Group AG (0.21%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.17%). 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. Which major investors are selling Martin Midstream Partners stock? MMLP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., and UBS Group AG. View insider buying and selling activity for Martin Midstream Partners. Which major investors are buying Martin Midstream Partners stock? MMLP stock was purchased by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Morgan Stanley, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and CNH Partners 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 activity for Martin Midstream Partners. 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 $2.73. How big of a company is Martin Midstream Partners? Martin Midstream Partners has a market capitalization of $106.07 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. What is Martin Midstream Partners' official website? The official website for Martin Midstream Partners is 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 5/27/2020 by MarketBeat.com Staff
