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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:NMM

Navios Maritime Partners Stock Forecast, Price & News

$17.89
-0.11 (-0.61 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$16.50
Now: $17.89
$18.45
50-Day Range
$12.65
MA: $16.07
$19.50
52-Week Range
$4.08
Now: $17.89
$20.30
Volume272,942 shs
Average Volume292,125 shs
Market Capitalization$205.52 million
P/E RatioN/A
Dividend Yield1.04%
Beta2.56
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 dry cargo commodities, including iron ore, coal, grain, and fertilizers, as well as charters its vessels under medium to long-term charters. As of February 10, 2020, it operated a fleet of 48 vessels with a carrying capacity of 4.9 million dwt, including 48,061 twenty-foot equivalent units. Navios GP L.L.C. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.
Navios Maritime Partners logo

Headlines

Analyzing Navios Maritime Partners's Ex-Dividend Date
February 5, 2021 |  finance.yahoo.com
Navios Partners Version 2.0, Following The Merger Proposal
November 20, 2020 |  seekingalpha.com
Navios Maritime sold two drybulk vessels for $51M
October 1, 2020 |  seekingalpha.com
Navios Maritime Holdings sells two drybulk vessels
October 1, 2020 |  seekingalpha.com
Navios Maritime Partners: Fool Me Once.
August 19, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone377-9798-2140
EmployeesN/A
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$219.38 million
Cash Flow$12.51 per share
Book Value$66.28 per share

Profitability

Net Income$-62,130,000.00

Miscellaneous

Market Cap$205.52 million
Next Earnings Date3/8/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.77 out of 5 stars

Transportation Sector

44th out of 240 stocks

Deep Sea Foreign Transportation Of Freight Industry

11th out of 52 stocks

Analyst Opinion: 2.5Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
$17.89
-0.11 (-0.61 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Navios Maritime Partners (NYSE:NMM) Frequently Asked Questions

Is Navios Maritime Partners a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Partners in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Navios Maritime Partners stock.
View analyst ratings for Navios Maritime Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Navios Maritime Partners?

Wall Street analysts have given Navios Maritime Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Navios Maritime Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Navios Maritime Partners?

Navios Maritime Partners saw a increase in short interest in February. As of February 12th, there was short interest totaling 855,800 shares, an increase of 42.1% from the January 28th total of 602,100 shares. Based on an average daily volume of 209,200 shares, the days-to-cover ratio is currently 4.1 days. Currently, 9.6% of the shares of the company are sold short.
View Navios Maritime Partners' Short Interest
.

When is Navios Maritime Partners' next earnings date?

Navios Maritime Partners is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for Navios Maritime Partners
.

How were Navios Maritime Partners' earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) issued its earnings results on Thursday, November, 5th. The shipping company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.20. The shipping company had revenue of $64.50 million for the quarter, compared to analysts' expectations of $60.53 million. Navios Maritime Partners had a negative net margin of 37.17% and a positive trailing twelve-month return on equity of 1.30%.
View Navios Maritime Partners' earnings history
.

How has Navios Maritime Partners' stock been impacted by Coronavirus?

Navios Maritime Partners' stock was trading at $7.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NMM stock has increased by 145.4% and is now trading at $17.89.
View which stocks have been most impacted by COVID-19
.

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 Friday, January 29th. Stockholders of record on Tuesday, February 9th will be given a dividend of $0.05 per share on Friday, February 12th. This represents a $0.20 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Monday, February 8th.
View Navios Maritime Partners' dividend history
.

Is Navios Maritime Partners a good dividend stock?

Navios Maritime Partners pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.04%. Navios Maritime Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Navios Maritime Partners is 8.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Navios Maritime Partners will have a dividend payout ratio of 4.28% next year. This indicates that Navios Maritime Partners will be able to sustain or increase its dividend.
View Navios Maritime Partners' dividend history.

When did Navios Maritime Partners' stock split? How did Navios Maritime Partners' stock split work?

Shares of Navios Maritime Partners 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 market closes on Monday, May 20th 2019. An investor that had 100 shares of Navios Maritime Partners stock prior to the reverse split would have 7 shares after the split.

What price target have analysts set for NMM?

2 equities research analysts have issued 1-year price objectives for Navios Maritime Partners' stock. Their forecasts range from $20.00 to $21.00. On average, they expect Navios Maritime Partners' share price to reach $20.33 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price.
View analysts' price targets for Navios Maritime Partners
or view top-rated stocks among Wall Street analysts.

Who are Navios Maritime Partners' key executives?

Navios Maritime Partners' management team includes the following people:
  • Ms. Angeliki N. Frangou, Chairman & CEO (Age 56, Pay $150k)
  • Mr. Efstratios Desypris, Chief Financial Officer (Age 48)
  • Mr. Georgios Achniotis, Exec. VP of Bus. Devel. & Director (Age 56)
  • Ms. Vasiliki Papaefthymiou, Sec. (Age 52)

Who are some of Navios Maritime Partners' key competitors?

What other stocks do shareholders of Navios Maritime Partners own?

What is Navios Maritime Partners' stock symbol?

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

Who are Navios Maritime Partners' major shareholders?

Navios Maritime Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Globeflex Capital L P (1.14%), Russell Investments Group Ltd. (0.41%), GSA Capital Partners LLP (0.26%) and B. Riley Wealth Management Inc. (0.09%).

Which institutional investors are selling Navios Maritime Partners stock?

NMM stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd..

Which institutional investors are buying Navios Maritime Partners stock?

NMM stock was bought by a variety of institutional investors in the last quarter, including Globeflex Capital L P, GSA Capital Partners LLP, and B. Riley Wealth Management Inc..

How do I buy shares of Navios Maritime Partners?

Shares of NMM 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.

What is Navios Maritime Partners' stock price today?

One share of NMM stock can currently be purchased for approximately $17.89.

How much money does Navios Maritime Partners make?

Navios Maritime Partners has a market capitalization of $205.52 million and generates $219.38 million in revenue each year. The shipping company earns $-62,130,000.00 in net income (profit) each year or $2.43 on an earnings per share basis.

What is Navios Maritime Partners' official website?

The official website for Navios Maritime Partners is www.navios-mlp.com.

Where are Navios Maritime Partners' headquarters?

Navios Maritime Partners is headquartered at 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, 98000.

How can I contact Navios Maritime Partners?

Navios Maritime Partners' mailing address is 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, 98000. The shipping company can be reached via phone at 377-9798-2140 or via email at [email protected]


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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