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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:NMM
Previous Symbol
CUSIPN/A
Phone377-9798-2140
Debt
Debt-to-Equity Ratio0.58
Current Ratio1.92
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio8.31
Forward P/E Ratio6.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$211.65 million
Price / Sales1.05
Cash Flow$0.7514 per share
Price / Cash1.77
Book Value$5.19 per share
Price / Book0.26
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-15,090,000.00
Net Margins-15.62%
Return on Equity5.27%
Return on Assets3.14%
Miscellaneous
EmployeesN/A
Outstanding Shares167,590,000
Market Cap$222.89 million
OptionableOptionable
Navios Maritime Partners (NYSE:NMM) Frequently Asked Questions
What is Navios Maritime Partners' stock symbol?
Navios Maritime Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMM."
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, October 26th. Shareholders of record on Wednesday, November 7th will be paid a dividend of $0.02 per share on Wednesday, November 14th. This represents a $0.08 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date is Tuesday, November 6th. View Navios Maritime Partners' Dividend History.
How were Navios Maritime Partners' earnings last quarter?
Navios Maritime Partners L.P. (NYSE:NMM) issued its earnings results on Tuesday, November, 13th. The shipping company reported $0.10 EPS for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.04. The shipping company had revenue of $62.57 million for the quarter, compared to analysts' expectations of $58.46 million. Navios Maritime Partners had a negative net margin of 15.62% and a positive return on equity of 5.27%. View Navios Maritime Partners' Earnings History.
When is Navios Maritime Partners' next earnings date?
What price target have analysts set for NMM?
3 analysts have issued 1-year target prices for Navios Maritime Partners' stock. Their forecasts range from $1.80 to $3.00. On average, they anticipate Navios Maritime Partners' stock price to reach $2.40 in the next year. This suggests a possible upside of 80.5% from the stock's current price. View Analyst Price Targets for Navios Maritime Partners.
What is the consensus analysts' recommendation for Navios Maritime Partners?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Partners in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navios Maritime Partners.
Has Navios Maritime Partners been receiving favorable news coverage?
Media coverage about NMM stock has trended neutral this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Navios Maritime Partners earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Navios Maritime Partners' key competitors?
Some companies that are related to Navios Maritime Partners include Seacor (CKH), Navigator (NVGS), DHT (DHT), Star Bulk Carriers (SBLK), Teekay (TK), COSTAMARE Inc/SH (CMRE), DryShips (DRYS), Scorpio Bulkers (SALT), Dorian LPG (LPG), Genco Shipping & Trading (GNK), SEACOR Marine (SMHI), Capital Product Partners (CPLP), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX) and TSAKOS ENERGY N/SH (TNP).
Who are Navios Maritime Partners' key executives?
Navios Maritime Partners' management team includes the folowing people:
- Ms. Angeliki N. Frangou, Chairman & CEO (Age 53)
- Mr. Efstratios Desypris, Chief Financial Officer (Age 45)
- Mr. George Achniotis, Exec. VP of Bus. Devel. & Director (Age 53)
- Ms. Vasiliki Papaefthymiou, Sec. (Age 49)
Who are Navios Maritime Partners' major shareholders?
Navios Maritime Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Evermore Global Advisors LLC (4.75%), Renaissance Technologies LLC (1.55%), JPMorgan Chase & Co. (1.16%), JPMorgan Chase & Co. (1.16%), Artemis Investment Management LLP (0.18%) and Credit Suisse AG (0.12%).
Which major investors are selling Navios Maritime Partners stock?
NMM stock was sold by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Credit Suisse AG, JPMorgan Chase & Co. and JPMorgan Chase & Co..
Which major investors are buying Navios Maritime Partners stock?
NMM stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP and Renaissance Technologies LLC.
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, Scottrade, Fidelity and Charles Schwab.
What is Navios Maritime Partners' stock price today?
One share of NMM stock can currently be purchased for approximately $1.33.
How big of a company is Navios Maritime Partners?
Navios Maritime Partners has a market capitalization of $222.89 million and generates $211.65 million in revenue each year. The shipping company earns $-15,090,000.00 in net income (profit) each year or $0.16 on an earnings per share basis.
What is Navios Maritime Partners' official website?
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]
MarketBeat Community Rating for Navios Maritime Partners (NYSE NMM)
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.
