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. Stockholders of record on Friday, February 7th will be given 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 9.62%. The ex-dividend date is Thursday, February 6th. View Martin Midstream Partners' Dividend History.

Martin Midstream Partners L.P. (NASDAQ:MMLP) posted its earnings results on Tuesday, January, 28th. The pipeline company reported $0.16 EPS for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.10. 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 brokers have issued 12 month price targets for Martin Midstream Partners' stock. Their forecasts range from $4.00 to $4.00. On average, they anticipate Martin Midstream Partners' share price to reach $4.00 in the next twelve months. This suggests a possible upside of 52.7% 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.

Press coverage about MMLP stock has trended somewhat positive this week, InfoTrie reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Martin Midstream Partners earned a news impact score of 1.8 on InfoTrie's scale. They also assigned news articles about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. 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 volume of 258,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.7% of the company's stock are short sold. View Martin Midstream Partners' Current Options Chain.

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 Arlington Asset Investment (AI).

Martin Midstream Partners' stock is owned by many different 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 Credit Suisse AG (0.03%). 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, 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 $2.62.