How have NMM shares performed in 2023?

Navios Maritime Partners' stock was trading at $25.96 at the beginning of the year. Since then, NMM stock has increased by 0.5% and is now trading at $26.09. View the best growth stocks for 2023 here .

When is Navios Maritime Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our NMM earnings forecast .

How were Navios Maritime Partners' earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) issued its earnings results on Thursday, November, 2nd. The shipping company reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.14. The shipping company had revenue of $323.18 million for the quarter, compared to the consensus estimate of $304.07 million. Navios Maritime Partners had a trailing twelve-month return on equity of 14.56% and a net margin of 31.06%.

How often does Navios Maritime Partners pay dividends? What is the dividend yield for Navios Maritime Partners?

Navios Maritime Partners announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Tuesday, November 7th will be paid a dividend of $0.05 per share on Monday, November 13th. This represents a $0.20 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Monday, November 6th. Read our dividend analysis for NMM .

Is Navios Maritime Partners a good dividend stock?

Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.78%. The dividend payout ratio is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 1.52% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NMM .

When did Navios Maritime Partners' stock split?

Navios Maritime Partners shares reverse split on Tuesday, May 21st 2019. The 1-15 reverse split was announced on Thursday, April 25th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Monday, May 20th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What other stocks do shareholders of Navios Maritime Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Navios Maritime Partners investors own include Esperion Therapeutics (ESPR) , Check-Cap (CHEK) , New Residential Investment (NRZ) , ALDW (ALDW) , Energy Transfer (ET) , Targa Resources (TRGP) , Enterprise Products Partners (EPD) , Prospect Capital (PSEC) , Navios Maritime (NM) and Navios Maritime Acquisition (NNA) .

Who are Navios Maritime Partners' major shareholders?

Navios Maritime Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Commonwealth Equity Services LLC (0.39%), Group One Trading L.P. (0.00%), Royal Bank of Canada (0.16%), PEAK6 Investments LLC (0.00%), Moors & Cabot Inc. (0.06%) and Wolverine Trading LLC (0.00%).

How do I buy shares of Navios Maritime Partners?

Shares of NMM 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 .

Navios Maritime Partners Stock Price, News & Analysis (NYSE:NMM)

$26.09

+0.32 (+1.24%)

(As of 12/1/2023 ET)

Compare

Today's Range: $25.67
▼
$26.31
50-Day Range: $21.49
▼
$26.12
52-Week Range: $19.23
▼
$28.80

Volume: 163,833 shs
Average Volume: 81,931 shs
Market Capitalization: $787.40 million

P/E Ratio: 1.92
Dividend Yield: 0.77%
Price Target: N/A

Navios Maritime Partners MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.70% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.47%
From $11.22 to $13.18 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Transportation Sector

40th out of 115 stocks

Deep Sea Foreign Transportation Of Freight Industry

11th out of 25 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Navios Maritime Partners.

5.0

Short Interest

Percentage of Shares Shorted
0.70% of the outstanding shares of Navios Maritime Partners have been sold short.
Short Interest Ratio / Days to Cover
Navios Maritime Partners has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Navios Maritime Partners has recently decreased by 5.95%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Navios Maritime Partners has a dividend yield of 0.78%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Navios Maritime Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Navios Maritime Partners is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Navios Maritime Partners will have a dividend payout ratio of 1.52% next year. This indicates that Navios Maritime Partners will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NMM.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 3 news articles for Navios Maritime Partners this week, compared to 1 article on an average week.
MarketBeat Follows
Only 2 people have added Navios Maritime Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Navios Maritime Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 21.43% of the stock of Navios Maritime Partners is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Navios Maritime Partners are expected to grow by 17.47% in the coming year, from $11.22 to $13.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Navios Maritime Partners is 1.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Navios Maritime Partners is 1.92, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.18.
Price to Book Value per Share Ratio
Navios Maritime Partners has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Navios Maritime Partners Stock (NYSE:NMM)

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.

NMM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NMM Stock News Headlines

November 30, 2023 | americanbankingnews.com

Navios Maritime Partners (NYSE:NMM) Raised to Buy at StockNews.com

November 28, 2023 | finance.yahoo.com

MRMP Files new 13D; Sends a new letter to Navios Maritime Partners L.P.

December 2, 2023 | Wealthpress (Ad)

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November 26, 2023 | americanbankingnews.com

Navios Maritime Partners (NYSE:NMM) Sees Unusually-High Trading Volume

November 24, 2023 | seekingalpha.com

Navios Maritime Partners: Wait Until Measures Yield Results

November 23, 2023 | americanbankingnews.com

Navios Maritime Partners (NYSE:NMM) Cut to "Hold" at StockNews.com

November 10, 2023 | insidermonkey.com

Navios Maritime Partners L.P. (NYSE:NMM) Q3 2023 Earnings Call Transcript

November 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Cedar Fair (FUN) and Navios Maritime Partners (NMM)

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 2, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

November 1, 2023 | benzinga.com

Earnings Preview For Navios Maritime Partners

November 1, 2023 | benzinga.com

Friday Is Your Last Chance To Buy Navios Maritime Partners Before The Dividend Payout

October 30, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Announces the Date for the Release of Third Quarter Ended September 30, 2023 Results, Conference Call and Webcast

October 24, 2023 | finance.yahoo.com

Investors in Navios Maritime Holdings (NYSE:NM) from five years ago are still down 59%, even after 17% gain this past week

October 18, 2023 | finance.yahoo.com

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Navios Maritime Partners LP (NMM)

August 25, 2023 | markets.businessinsider.com

Navios Maritime Partners (NMM) Receives a Hold from Citi

August 24, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. (NYSE:NMM) Q2 2023 Earnings Call Transcript

August 23, 2023 | markets.businessinsider.com

Navios Partners Q2 Net Income Declines; Time Charter And Voyage Revenues Up 23.6%

August 23, 2023 | markets.businessinsider.com

Navios Maritime Partners' Shares Gain On Q2 Results, Acknowledges Challenging Macro Environment

August 23, 2023 | seekingalpha.com

Navios Maritime Partners L.P. 2023 Q2 - Results - Earnings Call Presentation

August 23, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023

August 18, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter Ended June 30, 2023 Results, Conference Call and Webcast

August 3, 2023 | benzinga.com

Navios Maritime Partners's Ex-Dividend Date Is Monday, Here's What You Need To Know

May 24, 2023 | finance.yahoo.com

Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2023

May 23, 2023 | msn.com

Navios Maritime Partners Q1: Earnings Miss, 31% Revenue Growth, Modernizing Fleet & More

May 23, 2023 | seekingalpha.com

Navios Maritime Partners L.P. 2023 Q1 - Results - Earnings Call Presentation

May 23, 2023 | msn.com

Recap: Navios Maritime Partners Q1 Earnings

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Ex-Dividend for 11/13 Dividend: 11/06/2023
Dividend Payable: 11/13/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NYSE:NMM
CUSIP: N/A
CIK: 1415921
Web: www.navios-mlp.com
Phone: (779) 798-2140
Fax: 377-9798-2141
Employees: 2,020
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $13.62
Trailing P/E Ratio: 1.92
Forward P/E Ratio: 2.33
P/E Growth: N/A
Net Income: $579.25 million
Net Margins: 31.06%
Pretax Margin: 31.06%
Return on Equity: 14.56%
Return on Assets: 7.35%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $1.21 billion
Price / Sales: 0.65
Cash Flow: $22.52 per share
Price / Cash Flow: 1.16
Book Value: $87.45 per share
Price / Book: 0.30

Miscellaneous

Outstanding Shares: 30,180,000
Free Float: N/A
Market Cap: $788.30 million
Optionable: Optionable
Beta: 2.00

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Key Executives

Ms. Angeliki N. Frangou (Age 58)
Chairwoman & CEO
Comp: $150k
Mr. Shunji Sasada (Age 65)
President & Director
Ms. Erifili Tsironi (Age 48)
Chief Financial Officer
Mr. Efstratios Desypris (Age 50)
Chief Operating Officer
Mr. Georgios Akhniotis (Age 58)
Executive VP of Business Development & Director
Vincent Vandewalle
Chief Trading Officer
Ms. Anna Kalathakis (Age 53)
Executive Vice President of Risk Management
Joergen Rosleff
Chief Commercial Officer
Ms. Vasiliki Papaefthymiou (Age 54)
Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NMM Stock Analysis - Frequently Asked Questions

How have NMM shares performed in 2023?: Navios Maritime Partners' stock was trading at $25.96 at the beginning of the year. Since then, NMM stock has increased by 0.5% and is now trading at $26.09.
View the best growth stocks for 2023 here.
When is Navios Maritime Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our NMM earnings forecast.
How were Navios Maritime Partners' earnings last quarter?: Navios Maritime Partners L.P. (NYSE:NMM) issued its earnings results on Thursday, November, 2nd. The shipping company reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.14. The shipping company had revenue of $323.18 million for the quarter, compared to the consensus estimate of $304.07 million. Navios Maritime Partners had a trailing twelve-month return on equity of 14.56% and a net margin of 31.06%.
How often does Navios Maritime Partners pay dividends? What is the dividend yield for Navios Maritime Partners?: Navios Maritime Partners announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Tuesday, November 7th will be paid a dividend of $0.05 per share on Monday, November 13th. This represents a $0.20 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Monday, November 6th.
Read our dividend analysis for NMM.
Is Navios Maritime Partners a good dividend stock?: Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.78%. The dividend payout ratio is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 1.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMM.

When did Navios Maritime Partners' stock split?: Navios Maritime Partners shares reverse split on Tuesday, May 21st 2019. The 1-15 reverse split was announced on Thursday, April 25th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Monday, May 20th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.
What other stocks do shareholders of Navios Maritime Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Navios Maritime Partners investors own include Esperion Therapeutics (ESPR), Check-Cap (CHEK), New Residential Investment (NRZ), ALDW (ALDW), Energy Transfer (ET), Targa Resources (TRGP), Enterprise Products Partners (EPD), Prospect Capital (PSEC), Navios Maritime (NM) and Navios Maritime Acquisition (NNA).
Who are Navios Maritime Partners' major shareholders?: Navios Maritime Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Commonwealth Equity Services LLC (0.39%), Group One Trading L.P. (0.00%), Royal Bank of Canada (0.16%), PEAK6 Investments LLC (0.00%), Moors & Cabot Inc. (0.06%) and Wolverine Trading LLC (0.00%).
How do I buy shares of Navios Maritime Partners?: Shares of NMM 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.

This page (NYSE:NMM) was last updated on 12/2/2023 by MarketBeat.com Staff

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