Navios Maritime (NM) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NM shares.
View NM analyst ratings or view top-rated stocks.

Navios Maritime's stock was trading at $1.75 at the beginning of 2023. Since then, NM shares have increased by 0.0% and is now trading at $1.75.
View the best growth stocks for 2023 here.

Navios Maritime saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 44,000 shares, a drop of 47.4% from the April 30th total of 83,700 shares. Based on an average daily volume of 84,300 shares, the short-interest ratio is currently 0.5 days.
View Navios Maritime's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 14th 2023.
View our NM earnings forecast.

Navios Maritime Holdings Inc. (NYSE:NM) issued its quarterly earnings results on Thursday, December, 16th. The shipping company reported $3.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.33 by $1.26. The shipping company had revenue of $168.45 million for the quarter. Navios Maritime had a trailing twelve-month return on equity of 97.48% and a net margin of 31.38%.

Navios Maritime shares reverse split before market open on Thursday, January 3rd 2019. The 1-10 reverse split was announced on Monday, December 24th 2018. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, January 2nd 2019. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Navios Maritime investors own include Frontier Communications (FTR), Navios Maritime Partners (NMM), Intrepid Potash (IPI), Sarepta Therapeutics (SRPT), DryShips (DRYS), General Electric (GE), Navios Maritime Acquisition (NNA), Star Bulk Carriers (SBLK) and Freeport-McMoRan (FCX).

Navios Maritime trades on the New York Stock Exchange (NYSE) under the ticker symbol "NM."

Navios Maritime's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.03%), Jane Street Group LLC (0.18%), Acadian Asset Management LLC (0.16%), Susquehanna International Group LLP (0.00%), Group One Trading L.P. (0.00%) and Simplex Trading LLC (0.00%).

Shares of NM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of NM stock can currently be purchased for approximately $1.75.

Navios Maritime (NYSE:NM) has a market capitalization of $27.83 million and generates $255.40 million in revenue each year. The shipping company earns $87.31 million in net income (profit) each year or $2.76 on an earnings per share basis.

The company employs 961 workers across the globe.

Navios Maritime's mailing address is 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, MC98000. The official website for the company is www.navios.com. The shipping company can be reached via phone at (345) 232-3067, via email at investors@navios.com, or via fax at 377-9798-2141.