Navios Maritime Partners L.P. Company Profile (NYSE:NMM)

About Navios Maritime Partners L.P. (NYSE:NMM)

Navios Maritime Partners L.P. logoNavios Maritime Partners L.P. is an international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain and fertilizer, and also containers, chartering its vessels under medium to long-term charters. It focuses on providing seaborne shipping services under long-term time charters. As of December 31, 2016, it controlled 12 Panamax vessels, nine Capesize vessels, three Ultra-Handymax vessels and seven container vessels. Panamax vessels are vessels capable of carrying a range of dry cargo commodities, including iron ore, coal, grain and fertilizer and being accommodated in various discharge ports. Capesize vessels are dedicated to the carriage of iron ore and coal. Ultra-Handymax vessels are similar to Panamax vessels although with less carrying capacity, and have self-loading and discharging gear on board to accommodate undeveloped ports.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:NMM
  • CUSIP: N/A
  • Web: www.navios-mlp.com
Capitalization:
  • Market Cap: $154.58 million
  • Outstanding Shares: 88,330,000
Average Prices:
  • 50 Day Moving Avg: $1.92
  • 200 Day Moving Avg: $1.79
  • 52 Week Range: $1.13 - $2.94
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.50
  • P/E Growth: -6.22
Sales & Book Value:
  • Annual Revenue: $190.52 million
  • Price / Sales: 0.81
  • Book Value: $8.00 per share
  • Price / Book: 0.22
Profitability:
  • EBIDTA: $106.91 million
  • Net Margins: -21.97%
  • Return on Equity: 2.03%
  • Return on Assets: 1.10%
Debt:
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 1.18%
  • Quick Ratio: 1.18%
Misc:
  • Average Volume: 957,176 shs.
  • Beta: 1.82
  • Short Ratio: 1.03
 

Frequently Asked Questions for Navios Maritime Partners L.P. (NYSE:NMM)

What is Navios Maritime Partners L.P.'s stock symbol?

Navios Maritime Partners L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMM."

How were Navios Maritime Partners L.P.'s earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) announced its quarterly earnings data on Monday, May, 22nd. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.05) by $0.06. The company earned $42.40 million during the quarter, compared to the consensus estimate of $41.31 million. Navios Maritime Partners L.P. had a positive return on equity of 2.03% and a negative net margin of 21.97%. The firm's revenue for the quarter was down 7.0% on a year-over-year basis. View Navios Maritime Partners L.P.'s Earnings History.

Where is Navios Maritime Partners L.P.'s stock going? Where will Navios Maritime Partners L.P.'s stock price be in 2017?

3 brokerages have issued 1-year price objectives for Navios Maritime Partners L.P.'s stock. Their predictions range from $1.75 to $2.25. On average, they expect Navios Maritime Partners L.P.'s stock price to reach $2.00 in the next twelve months. View Analyst Ratings for Navios Maritime Partners L.P..

What are analysts saying about Navios Maritime Partners L.P. stock?

Here are some recent quotes from research analysts about Navios Maritime Partners L.P. stock:

  • 1. According to Zacks Investment Research, "Navios Maritime Partners L.P. is an international owner and operator of dry cargo vessels. It engages in the seaborne transportation services of drybulk commodities including iron ore, coal, grains, fertilizers and chartering of its vessels under medium to long-term charters. Navios Maritime Partners L.P. is headquartered in Piraeus, Greece. " (4/28/2017)
  • 2. Stifel Nicolaus analysts commented, "Navios ended 2016 reasonably well with numbers above our estimate and the Street consensus. Management has refinancing or repaid several near-term credit facilities in attempts to right-size the balance sheet, which we believe will pay off in the long-term. However, with no significant growth catalysts in the market, we believe units will remain under pressure until the fundamentals show sustained improvement." (2/15/2017)

Are investors shorting Navios Maritime Partners L.P.?

Navios Maritime Partners L.P. saw a decrease in short interest in April. As of April 13th, there was short interest totalling 872,892 shares, a decrease of 35.2% from the March 31st total of 1,347,358 shares. Based on an average trading volume of 662,663 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.7% of the shares of the company are short sold.

Who are some of Navios Maritime Partners L.P.'s key competitors?

Who owns Navios Maritime Partners L.P. stock?

Navios Maritime Partners L.P.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (6.74%), Raging Capital Management LLC (4.40%), JPMorgan Chase & Co. (1.70%), Sound Point Capital Management LP (1.15%), Credit Suisse AG (0.97%) and Renaissance Technologies LLC (0.88%). View Institutional Ownership Trends for Navios Maritime Partners L.P..

Who sold Navios Maritime Partners L.P. stock? Who is selling Navios Maritime Partners L.P. stock?

Navios Maritime Partners L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, KCG Holdings Inc., California Public Employees Retirement System and Goldman Sachs Group Inc.. View Insider Buying and Selling for Navios Maritime Partners L.P..

Who bought Navios Maritime Partners L.P. stock? Who is buying Navios Maritime Partners L.P. stock?

Navios Maritime Partners L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Raging Capital Management LLC, Sound Point Capital Management LP, JPMorgan Chase & Co., Credit Suisse AG, Renaissance Technologies LLC, Morgan Stanley and Sanders Morris Harris Inc.. View Insider Buying and Selling for Navios Maritime Partners L.P..

How do I buy Navios Maritime Partners L.P. stock?

Shares of Navios Maritime Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Navios Maritime Partners L.P. stock cost?

One share of Navios Maritime Partners L.P. stock can currently be purchased for approximately $1.75.

Analyst Ratings

Consensus Ratings for Navios Maritime Partners L.P. (NYSE:NMM) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $2.00 (14.29% upside)

Analysts' Ratings History for Navios Maritime Partners L.P. (NYSE:NMM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/25/2017Citigroup IncBoost Price TargetNeutral$2.00 -> $2.25LowView Rating Details
2/15/2017Stifel NicolausBoost Price TargetHold$1.50 -> $1.75N/AView Rating Details
9/12/2016Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
3/15/2016Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
3/8/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
2/4/2016Morgan StanleyDowngradeEqual Weight -> UnderweightN/AView Rating Details
1/26/2016JPMorgan Chase & Co.UpgradeNeutral -> OverweightN/AView Rating Details
9/17/2015Seaport Global SecuritiesLower Price TargetNeutral$11.50 -> $9.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Navios Maritime Partners L.P. (NYSE:NMM)
Earnings by Quarter for Navios Maritime Partners L.P. (NYSE:NMM)
Earnings History by Quarter for Navios Maritime Partners L.P. (NYSE:NMM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/22/20173/31/2017($0.05)$0.01$41.31 million$42.40 millionViewN/AView Earnings Details
2/14/2017Q416$0.01$0.09$46.53 million$49.70 millionViewListenView Earnings Details
11/14/2016Q316$0.01$0.07$46.96 million$50.30 millionViewN/AView Earnings Details
8/11/2016Q216$0.05($0.20)$50.13 million$44.90 millionViewListenView Earnings Details
2/3/2016Q415$0.15$0.09$59.63 million$53.31 millionViewN/AView Earnings Details
11/3/2015Q3$0.16$0.13$60.15 million$57.10 millionViewN/AView Earnings Details
7/30/2015Q215$0.19$0.13$63.01 million$56.50 millionViewListenView Earnings Details
5/4/2015Q115$0.19$0.13$61.43 million$56.80 millionViewN/AView Earnings Details
2/2/2015Q414$0.18$0.16$61.94 million$59.40 millionViewN/AView Earnings Details
10/27/2014Q314$0.16$0.16$58.27 million$55.29 millionViewListenView Earnings Details
7/29/2014Q214$0.13$0.15$57.70 million$55.18 millionViewN/AView Earnings Details
4/29/2014Q114$0.16$0.24$60.41 million$57.50 millionViewN/AView Earnings Details
1/29/2014Q413($0.06)$0.13$133.29 million$52.15 millionViewN/AView Earnings Details
10/24/2013Q313$0.14$0.19$45.08 million$46.58 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.21$0.29$47.25 million$49.20 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.25$0.24$49.60 million$50.28 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.27$0.65$50.75 million$52.80 millionViewN/AView Earnings Details
10/23/2012$0.29$0.36ViewN/AView Earnings Details
7/26/2012$0.29$0.29ViewN/AView Earnings Details
4/26/2012$0.31$0.30ViewN/AView Earnings Details
1/26/2012$0.34$0.35ViewN/AView Earnings Details
10/24/2011$0.33$0.35ViewN/AView Earnings Details
7/27/2011$0.32$0.36ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Navios Maritime Partners L.P. (NYSE:NMM)
2017 EPS Consensus Estimate: ($0.08)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.01)($0.01)($0.01)
Q2 20171($0.03)($0.03)($0.03)
Q3 20171($0.02)($0.02)($0.02)
Q4 20171($0.02)($0.02)($0.02)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Navios Maritime Partners L.P. (NYSE:NMM)
Most Recent Dividend:11/13/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Navios Maritime Partners L.P. (NYSE:NMM)

Dividend History by Quarter for Navios Maritime Partners L.P. (NYSE:NMM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2015$0.2111/9/201511/12/201511/13/2015
7/23/2015$0.448/11/20158/13/20158/14/2015
4/29/2015quarterly$0.4413.39%5/11/20155/13/20155/14/2015
1/28/2015quarterly$0.4414.76%2/9/20152/11/20152/13/2015
10/23/2014quarterly$0.4410.95%11/5/201411/7/201411/10/2014
7/24/2014quarterly$0.449.04%8/6/20148/8/20148/13/2014
4/25/2014quarterly$0.449.39%5/7/20145/9/20145/13/2014
1/24/2014quarterly$0.449.72%2/6/20142/10/20142/14/2014
10/25/2013quarterly$0.4411.66%11/6/201311/8/201311/13/2013
7/22/2013quarterly$0.4411.75%8/6/20138/8/20138/13/2013
4/22/2013quarterly$0.4412.06%5/8/20135/10/20135/14/2013
1/22/2013quarterly$0.4412.08%2/6/20132/8/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Navios Maritime Partners L.P. (NYSE:NMM)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Navios Maritime Partners L.P. (NYSE:NMM)
Latest Headlines for Navios Maritime Partners L.P. (NYSE:NMM)
Source:
DateHeadline
globenewswire.com logoNavios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2017 - GlobeNewswire (press release)
globenewswire.com - May 23 at 10:11 AM
finance.yahoo.com logoEdited Transcript of NMM earnings conference call or presentation 22-May-17 12:30pm GMT
finance.yahoo.com - May 23 at 10:11 AM
streetinsider.com logoNavios Maritime Partners (NMM) Tops Q1 EPS by 4c, Beat on Revenues
www.streetinsider.com - May 22 at 6:07 PM
finance.yahoo.com logoNavios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2017
finance.yahoo.com - May 22 at 9:53 AM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Releases Earnings Results
www.americanbankingnews.com - May 22 at 8:52 AM
seekingalpha.com logoBuy Navios Maritime Partners L.P. - Great Value And Likely To Re-Instate The Dividend - Seeking Alpha
seekingalpha.com - May 19 at 11:37 AM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Expected to Post Quarterly Sales of $42.38 Million
www.americanbankingnews.com - May 17 at 12:00 PM
globenewswire.com logoNavios Maritime Partners L.P. Announces the Date for the Release of First Quarter 2017 Results, Conference Call and ... - GlobeNewswire (press release)
globenewswire.com - May 16 at 11:37 PM
finance.yahoo.com logoNavios Maritime Partners L.P. Announces the Date for the Release of First Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - May 16 at 10:14 AM
americanbankingnews.com logoZacks: Analysts Expect Navios Maritime Partners L.P. (NMM) to Announce -$0.04 EPS
www.americanbankingnews.com - May 15 at 10:06 AM
streetinsider.com logoNavios Maritime Partners (NMM) Provides Update for Acquisition of 14-Vessel Container Fleet from Rickmers Maritime
www.streetinsider.com - May 13 at 12:29 AM
prnewswire.com logoResearch Reports Coverage on Shipping Stocks -- Costamare, Navios Maritime, Gener8 Maritime, and - PR Newswire (press release)
www.prnewswire.com - May 12 at 8:17 AM
finance.yahoo.com logoNavios Maritime Containers Inc. Announces $75.0 Million Private Placement and Application for Admission to Trading to Norwegian OTC Market
finance.yahoo.com - May 11 at 7:20 PM
streetinsider.com logoNavios Maritime Partners (NMM) Provides Update for Acquisition of 14-Vessel Container Fleet from Rickmers Maritime - StreetInsider.com
www.streetinsider.com - May 11 at 12:02 AM
finance.yahoo.com logoNavios Maritime Partners L.P. Provides Update for Acquisition of 14-Vessel Container Fleet from Rickmers Maritime
finance.yahoo.com - May 11 at 12:02 AM
nasdaq.com logoNavios Maritime Partners L.P. Provides Update for Acquisition of 14-Vessel Container Fleet from Rickmers Maritime - Nasdaq
www.nasdaq.com - May 10 at 7:01 PM
nasdaq.com logoNavios Maritime Partners L.P. Announces Acquisition of One Capesize Vessel - Nasdaq
www.nasdaq.com - May 10 at 12:03 PM
streetinsider.com logoNavios Maritime Partners (NMM) Buys One Capesize Vessel for $28.3M
www.streetinsider.com - May 6 at 12:10 AM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Earning Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 4 at 12:06 PM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Short Interest Update
www.americanbankingnews.com - May 2 at 7:14 AM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Receiving Very Favorable Press Coverage, Report Finds
www.americanbankingnews.com - May 1 at 10:01 AM
americanbankingnews.com logoZacks Investment Research Upgrades Navios Maritime Partners L.P. (NMM) to Buy
www.americanbankingnews.com - April 30 at 7:26 PM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - April 29 at 8:58 AM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Receives Media Impact Score of 0.14
www.americanbankingnews.com - April 28 at 10:32 PM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - April 28 at 7:07 PM
globenewswire.com logoNavios Maritime Partners LP Announces Acquisition of One Capesize Vessel - GlobeNewswire (press release)
globenewswire.com - April 26 at 6:26 PM
americanbankingnews.com logoZacks: Analysts Anticipate Navios Maritime Partners L.P. (NMM) Will Announce Quarterly Sales of $41.7 Million
www.americanbankingnews.com - April 26 at 12:13 PM
americanbankingnews.com logoCitigroup Inc Reaffirms Neutral Rating for Navios Maritime Partners L.P. (NMM)
www.americanbankingnews.com - April 25 at 10:02 PM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Getting Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 25 at 8:06 PM
finance.yahoo.com logoNavios Maritime Partners LP – Value Analysis (NYSE:NMM) : April 25, 2017
finance.yahoo.com - April 25 at 6:05 PM
finance.yahoo.com logoNavios Maritime Partners L.P. Announces Acquisition of One Capesize Vessel
finance.yahoo.com - April 24 at 5:50 PM
americanbankingnews.com logo-$0.03 Earnings Per Share Expected for Navios Maritime Partners L.P. (NMM) This Quarter
www.americanbankingnews.com - April 24 at 4:20 PM
finance.yahoo.com logoNavios Maritime Partners LP breached its 50 day moving average in a Bullish Manner : NMM-US : April 24, 2017
finance.yahoo.com - April 24 at 12:59 PM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Receives Daily Coverage Optimism Rating of 0.33
www.americanbankingnews.com - April 21 at 10:38 PM
seekingalpha.com logoIs Navios Maritime Partners Making The Right Move?
seekingalpha.com - April 21 at 6:43 PM
streetinsider.com logoNavios Maritime Partners (NMM) Acquires 14-Vessel Container Fleet for $113M from Rickmers Maritime
www.streetinsider.com - April 21 at 9:32 AM
seekingalpha.com logoNavios Maritime Partners: Opportunistic Purchase Of 14 Containerships
seekingalpha.com - April 21 at 9:32 AM
seekingalpha.com logoNavios Maritime Partners to buy Rickmers container fleet for $113M
seekingalpha.com - April 20 at 7:40 PM
finance.yahoo.com logoNavios Maritime Partners L.P. Agrees to Acquire 14-Vessel Container Fleet from Rickmers Maritime
finance.yahoo.com - April 20 at 6:56 PM
streetinsider.com logoNavios Maritime Partners (NMM) Buys Two Panamax Vessels for $27M
www.streetinsider.com - April 7 at 11:32 AM
seekingalpha.com logoNavios Maritime Partners L.P. Begins To Deploy Recently Raised Capital
seekingalpha.com - April 7 at 11:32 AM
finance.yahoo.com logoNavios Maritime Partners L.P. Announces Acquisition of Two Panamax Vessels
finance.yahoo.com - April 7 at 11:32 AM
americanbankingnews.com logoNavios Maritime Partners L.P. (NMM) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 31 at 4:27 PM
nasdaq.com logoNavios Maritime Partners L.P. Announces Availability of Its Form 20-F for the Year Ended December 3
www.nasdaq.com - March 31 at 12:11 AM
us.rd.yahoo.com logoNavios Maritime Partners L.P. Announces Availability of Its Form 20-F for the Year Ended December 31, 2016
us.rd.yahoo.com - March 31 at 12:10 AM
marketwatch.com logoI drove myself crazy by investing $3 in the stock market
www.marketwatch.com - March 28 at 10:05 AM
seekingalpha.com logoNavios Maritime Partners L.P. Distribution Reinstatement?
seekingalpha.com - March 22 at 6:55 PM
seekingalpha.com logoNavios Maritime Partners L.P. announces closing of $100M offering
seekingalpha.com - March 21 at 6:44 PM
finance.yahoo.com logoNavios Maritime Partners L.P. Announces Closing of $100 Million Offering
finance.yahoo.com - March 20 at 4:58 PM
finance.yahoo.com logoNAVIOS MARITIME PARTNERS L.P. Financials
finance.yahoo.com - March 17 at 6:58 PM

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Chart

Navios Maritime Partners L.P. (NMM) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff