NASDAQ:MMLP - Martin Midstream Partners Stock Price, Price Target & More

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$13.80 0.00 (0.00 %)
(As of 07/23/2018 06:00 AM ET)
Previous Close$13.80
Today's Range$13.70 - $13.95
52-Week Range$12.70 - $19.85
Volume181,429 shs
Average Volume117,001 shs
Market Capitalization$538.92 million
P/E Ratio21.23
Dividend Yield14.49%
Beta1.52
Martin Midstream Partners logoMartin 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 22 marine shore-based terminal facilities and 16 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. This segment owns a NGL pipeline covering an area of approximately 200 miles from Kilgore, Texas to Beaumont, Texas; and 2.4 million barrels of underground storage capacity for NGLs. It also develops, constructs, 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 76 railcars to transport molten sulfur; and leases 132 railcars to transport fertilizer products. Its Marine Transportation segment operates 33 inland marine tank barges, 18 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. The company was founded in 2002 and is based in Kilgore, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorTransportation
SymbolNASDAQ:MMLP
CUSIPN/A
Phone903-983-6200

Debt

Debt-to-Equity Ratio2.73
Current Ratio1.76
Quick Ratio1.11

Price-To-Earnings

Trailing P/E Ratio21.23
Forward P/E Ratio22.26
P/E Growth11.17

Sales & Book Value

Annual Sales$946.12 million
Price / Sales0.57
Cash Flow$2.7273 per share
Price / Cash5.06
Book Value$7.76 per share
Price / Book1.78

Profitability

EPS (Most Recent Fiscal Year)$0.44
Net Income$17.13 million
Net Margins1.63%
Return on Equity8.25%
Return on Assets2.04%

Miscellaneous

Employees748
Outstanding Shares39,050,000
Market Cap$538.92

Martin Midstream Partners (NASDAQ:MMLP) Frequently Asked Questions

What is Martin Midstream Partners' stock symbol?

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

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

Martin Midstream Partners declared a quarterly dividend on Friday, April 20th. Investors of record on Tuesday, May 8th will be given a dividend of $0.50 per share on Tuesday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 14.49%. The ex-dividend date of this dividend is Monday, May 7th. View Martin Midstream Partners' Dividend History.

How were Martin Midstream Partners' earnings last quarter?

Martin Midstream Partners L.P. (NASDAQ:MMLP) posted its quarterly earnings data on Wednesday, April, 25th. The pipeline company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The pipeline company had revenue of $284.20 million for the quarter, compared to the consensus estimate of $268.02 million. Martin Midstream Partners had a return on equity of 8.25% and a net margin of 1.63%. View Martin Midstream Partners' Earnings History.

When is Martin Midstream Partners' next earnings date?

Martin Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Martin Midstream Partners.

What price target have analysts set for MMLP?

4 analysts have issued twelve-month target prices for Martin Midstream Partners' shares. Their forecasts range from $15.00 to $18.00. On average, they anticipate Martin Midstream Partners' share price to reach $16.50 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Ratings for Martin Midstream Partners.

What is the consensus analysts' recommendation for Martin Midstream Partners?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Martin Midstream Partners in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Martin Midstream Partners?

Martin Midstream Partners saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 322,668 shares, a decline of 42.3% from the June 15th total of 558,785 shares. Based on an average daily trading volume, of 133,276 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.0% of the company's stock are sold short. View Martin Midstream Partners' Current Options Chain.

Who are some of Martin Midstream Partners' key competitors?

Who are Martin Midstream Partners' key executives?

Martin Midstream Partners' management team includes the folowing people:
  • Mr. Ruben S. Martin III, Pres, CEO & Director of Martin Midstream GP LLC (Age 66)
  • Mr. Robert D. Bondurant, Exec. VP, CFO & Director of Martin Midstream GP LLC (Age 59)
  • Mr. Randall L. Tauscher, Exec. VP & COO of Martin Midstream GP LLC (Age 52)
  • Mr. Chris H. Booth, Chief Legal Officer, EVP, Gen. Counsel & Sec. of Martin Midstream GP LLC (Age 48)
  • Mr. Scot A. Shoup, Sr. VP of Operations - Martin Midstream GP LLC (Age 57)

Has Martin Midstream Partners been receiving favorable news coverage?

News articles about MMLP stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Martin Midstream Partners earned a coverage optimism score of 0.23 on Accern's scale. They also assigned news coverage about the pipeline company an impact score of 46.33 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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, Scottrade, Fidelity and Charles Schwab.

What is Martin Midstream Partners' stock price today?

One share of MMLP stock can currently be purchased for approximately $13.80.

How big of a company is Martin Midstream Partners?

Martin Midstream Partners has a market capitalization of $538.92 million and generates $946.12 million in revenue each year. The pipeline company earns $17.13 million in net income (profit) each year or $0.44 on an earnings per share basis. Martin Midstream Partners employs 748 workers across the globe.

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 903-983-6200 or via email at [email protected]


MarketBeat Community Rating for Martin Midstream Partners (NASDAQ MMLP)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  417
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.
This page was last updated on 7/23/2018 by MarketBeat.com Staff

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