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NYSE:NMM - Navios Maritime Partners Stock Price, Forecast & News

$5.08
+0.16 (+3.25 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$4.54
Now: $5.08
$5.29
50-Day Range
$4.17
MA: $8.56
$12.10
52-Week Range
$4.08
Now: $5.08
$21.30
Volume213,211 shs
Average Volume163,104 shs
Market Capitalization$55.78 million
P/E RatioN/A
Dividend Yield24.39%
Beta2.08
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 June 12, 2018, it owned a fleet of 38 vessels, including 13 Capesize vessels, 17 Panamaxes, 3 Ultra-Handymaxes, and 5 Container vessels. 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.
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Navios Maritime Partners logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$219.38 million
Cash Flow$9.96 per share
Book Value$69.49 per share

Profitability

Net Income$-62,130,000.00

Miscellaneous

EmployeesN/A
Market Cap$55.78 million
Next Earnings Date5/1/2020 (Estimated)
OptionableOptionable

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Navios Maritime Partners (NYSE:NMM) Frequently Asked Questions

How has Navios Maritime Partners' stock been impacted by COVID-19 (Coronavirus)?

Navios Maritime Partners' stock was trading at $7.29 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NMM shares have decreased by 30.3% and is now trading at $5.08. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Navios Maritime Partners?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Partners in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Navios Maritime Partners.

When is Navios Maritime Partners' next earnings date?

Navios Maritime Partners is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. 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 quarterly earnings data on Monday, February, 10th. The shipping company reported $1.11 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.00 by $0.11. The shipping company had revenue of $61.27 million for the quarter, compared to analyst estimates of $60.77 million. Navios Maritime Partners had a positive return on equity of 3.54% and a negative net margin of 28.32%. View Navios Maritime Partners' earnings history.

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

Navios Maritime Partners declared a quarterly dividend on Wednesday, January 22nd. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.30 per share on Thursday, February 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 23.62%. The ex-dividend date of this dividend is Monday, February 10th. 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 before market open 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 Wall Street analysts have issued twelve-month target prices for Navios Maritime Partners' stock. Their forecasts range from $15.00 to $21.50. On average, they anticipate Navios Maritime Partners' stock price to reach $18.25 in the next year. This suggests a possible upside of 259.3% from the stock's current price. View analysts' price targets for Navios Maritime Partners.

Has Navios Maritime Partners been receiving favorable news coverage?

News stories about NMM stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Navios Maritime Partners earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the near term. View the latest news aboutNavios Maritime Partners.

Are investors shorting Navios Maritime Partners?

Navios Maritime Partners saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 130,200 shares, an increase of 27.0% from the February 27th total of 102,500 shares. Based on an average trading volume of 107,100 shares, the short-interest ratio is presently 1.2 days. Currently, 1.5% of the company's stock are sold short. View Navios Maritime Partners' Current Options Chain.

Who are some of Navios Maritime Partners' key competitors?

What other stocks do shareholders of Navios Maritime Partners own?

Who are Navios Maritime Partners' key executives?

Navios Maritime Partners' management team includes the following people:
  • Ms. Angeliki N. Frangou, Chairman & CEO (Age 54)
  • Mr. Efstratios Desypris, Chief Financial Officer (Age 46)
  • Mr. George Achniotis, Exec. VP of Bus. Devel. & Director (Age 54)
  • Ms. Vasiliki Papaefthymiou, Sec. (Age 50)

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 many different institutional and retail investors. Top institutional investors include UBS Group AG (0.97%), Russell Investments Group Ltd. (0.69%), Arlington Capital Management Inc. (0.37%), Bank of America Corp DE (0.30%), Advisor Group Inc. (0.15%) and California Public Employees Retirement System (0.14%).

Which major investors are selling Navios Maritime Partners stock?

NMM stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE.

Which major investors are buying Navios Maritime Partners stock?

NMM stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Arlington Capital Management Inc., Advisor Group Inc., UBS Group AG, Marshall Wace LLP, and California Public Employees Retirement System.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Navios Maritime Partners' stock price today?

One share of NMM stock can currently be purchased for approximately $5.08.

How big of a company is Navios Maritime Partners?

Navios Maritime Partners has a market capitalization of $55.78 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.  View additional information about Navios Maritime Partners.

What is Navios Maritime Partners' official website?

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

How can I contact Navios Maritime Partners?

Navios Maritime Partners' mailing address is 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, MC98000. The shipping company can be reached via phone at 377-9798-2140 or via email at [email protected]


MarketBeat Community Rating for Navios Maritime Partners (NYSE NMM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  314 (Thanks for Voting!)
Underperform Votes:  399 (Thanks for Voting!)
Total Votes:  713
MarketBeat's community ratings are surveys of what our community members think about Navios Maritime Partners and other stocks. Vote "Outperform" if you believe NMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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