Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. The Company's principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts. The Company focuses to charter its vessels under long-term employment contracts to international oil companies, refiners and large vessel operators. As of December 31, 2016, the Company had a fleet consists of six very large crude carriers (VLCCs), which had an average remaining employment term of approximately 4.2 years. Its VLCC vessels include Shinyo Ocean, Shinyo Kannika, Shinyo Saowalak, Shinyo Kieran, C. Dream and Nave Celeste. The Company also provides seaborne shipping services under long-term time charters.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Marine Freight & Logistics - NEC
- Sub-Industry: N/A
- Symbol: NYSE:NAP
- CUSIP: N/A
- Web: www.navios-midstream.com
- Market Cap: $104.31 million
- Outstanding Shares: 9,992,000
- 50 Day Moving Avg: $10.06
- 200 Day Moving Avg: $10.98
- 52 Week Range: $9.07 - $14.20
Sales & Book Value:
- Trailing P/E Ratio: 10.22
- Foreward P/E Ratio: 12.43
- P/E Growth: -1.23
- Annual Revenue: $88.79 million
- Price / Sales: 1.17
- Book Value: $12.77 per share
- Price / Book: 0.82
- Annual Dividend: $1.69
- Dividend Yield: 16.2%
- EBIDTA: $60.54 million
- Net Margins: 21.97%
- Return on Equity: 7.12%
- Return on Assets: 4.09%
- Debt-to-Equity Ratio: 0.72%
- Current Ratio: 11.93%
- Quick Ratio: 11.93%
- Average Volume: 83,292 shs.
- Beta: 0.47
- Short Ratio: 2.27
Frequently Asked Questions for Navios Maritime Midstream Partners LP (NYSE:NAP)
What is Navios Maritime Midstream Partners LP's stock symbol?
Navios Maritime Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAP."
How often does Navios Maritime Midstream Partners LP pay dividends? What is the dividend yield for Navios Maritime Midstream Partners LP?
Navios Maritime Midstream Partners LP declared a quarterly dividend on Friday, July 21st. Investors of record on Tuesday, August 8th will be paid a dividend of $0.4225 per share on Friday, August 11th. This represents a $1.69 annualized dividend and a yield of 16.19%. The ex-dividend date is Friday, August 4th. View Navios Maritime Midstream Partners LP's Dividend History.
How were Navios Maritime Midstream Partners LP's earnings last quarter?
Navios Maritime Midstream Partners LP (NYSE:NAP) issued its earnings results on Thursday, April, 27th. The company reported $0.22 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.03. The business earned $21.10 million during the quarter, compared to analyst estimates of $21.42 million. Navios Maritime Midstream Partners LP had a return on equity of 7.12% and a net margin of 21.97%. Navios Maritime Midstream Partners LP's quarterly revenue was down 12.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 earnings per share. View Navios Maritime Midstream Partners LP's Earnings History.
Where is Navios Maritime Midstream Partners LP's stock going? Where will Navios Maritime Midstream Partners LP's stock price be in 2017?
4 equities research analysts have issued 1-year price targets for Navios Maritime Midstream Partners LP's stock. Their predictions range from $8.00 to $12.00. On average, they anticipate Navios Maritime Midstream Partners LP's share price to reach $9.75 in the next twelve months. View Analyst Ratings for Navios Maritime Midstream Partners LP.
Who are some of Navios Maritime Midstream Partners LP's key competitors?
Some companies that are related to Navios Maritime Midstream Partners LP include Overseas Shipholding Group (OSG), Era Group (ERA), Freightcar America (RAIL), Aegean Marine Petroleum Network (ANW), CryoPort (CYRX), Navios Maritime Holdings (NM), StealthGas (GASS), P.A.M. Transportation Services (PTSI), Celadon Group (CGI), Pangaea Logistics Solutions (PANL), USA Truck (USAK), Nordic American Offshore Ltd (NAO), Global Ship Lease (GSL), Tidewater (TDW), Odyssey Marine Exploration (OMEX), Euroseas (ESEA), Rand Logistics (RLOG) and Diana Containerships (DCIX).
Who are Navios Maritime Midstream Partners LP's key executives?
Navios Maritime Midstream Partners LP's management team includes the folowing people:
- Angeliki N. Frangou, Chairman of the Board, Chief Executive Officer
- Erifili Tsironi, Chief Financial Officer
- Efstratios Desypris, Senior Vice President - Business Development, Director
- Vasiliki Papaefthymiou, Secretary
- Shunji Sasada, Director
- Alexander Kalafatides, Independent Director
- Christos A. Kokkinis, Independent Director
- Stefan Kuch, Independent Director
- Vasilios Mouyis, Independent Director
When did Navios Maritime Midstream Partners LP IPO?
(NAP) raised $122 million in an initial public offering on Thursday, November 13th 2014. The company issued 8,100,000 shares at $15.00 per share. BofA Merrill Lynch, Citigroup and J.P. Morgan served as the underwriters for the IPO and Credit Suisse, Wells Fargo Securities, Deutsche Bank Securities and S. Goldman Advisors LLC were co-managers.
How do I buy Navios Maritime Midstream Partners LP stock?
Shares of Navios Maritime Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Navios Maritime Midstream Partners LP's stock price today?
MarketBeat Community Rating for Navios Maritime Midstream Partners LP (NYSE NAP)MarketBeat's community ratings are surveys of what our community members think about Navios Maritime Midstream Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Navios Maritime Midstream Partners LP stock can currently be purchased for approximately $10.44.
Consensus Ratings for Navios Maritime Midstream Partners LP (NYSE:NAP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.75)|
|Consensus Price Target: ||$9.75 (6.61% downside)|
Analysts' Ratings History for Navios Maritime Midstream Partners LP (NYSE:NAP)
(Data available from 7/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/23/2017||Bank of America Corporation||Downgrade||Neutral -> Underperform||$13.00 -> $8.00||Low|
|1/26/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$13.00 -> $11.00||N/A|
|1/15/2017||Credit Suisse Group||Downgrade||Hold||N/A|
|7/29/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$8.00||N/A|
Earnings History for Navios Maritime Midstream Partners LP (NYSE:NAP)Earnings History by Quarter for Navios Maritime Midstream Partners LP (NYSE NAP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/27/2017||3/31/2017||$0.25||$0.22||$21.42 million||$21.10 million||View||N/A|
|1/25/2017||Q416||$0.31||$0.28||$22.92 million||$22.80 million||View||N/A|
|10/26/2016||Q316||$0.27||$0.26||$22.17 million||$22.20 million||View||Listen|
|7/28/2016||Q216||$0.33||$0.28||$23.17 million||$22.69 million||View||Listen|
|4/27/2016||Q116||$0.39||$0.36||$24.41 million||$24.10 million||View||Listen|
|1/27/2016||Q415||$0.43||$0.44||$24.12 million||$25.84 million||View||Listen|
|10/27/2015||Q315||$0.43||$0.30||$23.36 million||$22.47 million||View||Listen|
|7/28/2015||Q215||$0.32||$0.34||$16.65 million||$18.35 million||View||Listen|
|4/30/2015||Q115||$0.38||$0.33||$16.79 million||$16.70 million||View||N/A|
|1/27/2015||Q414||$0.11||$0.13||$16.00 million||$16.00 million||View||N/A|
Earnings Estimates for Navios Maritime Midstream Partners LP (NYSE:NAP)
Current Year EPS Consensus Estimate: $0.9 EPS
Next Year EPS Consensus Estimate: $0.84 EPS
Current Dividend Information for Navios Maritime Midstream Partners LP (NYSE:NAP)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||162.50% (Trailing 12 Months of Earnings) |
187.78% (Based on This Year's Estimates)
201.19% (Based on Next Year's Estimates)
Dividend History by Quarter for Navios Maritime Midstream Partners LP (NYSE NAP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Navios Maritime Midstream Partners LP (NYSE:NAP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Navios Maritime Midstream Partners LP (NYSE:NAP)
Latest Headlines for Navios Maritime Midstream Partners LP (NYSE:NAP)
Navios Maritime Midstream Partners LP (NAP) Chart for Sunday, July, 23, 2017