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
SymbolNYSE:NMM
CUSIPN/A
Phone377-9798-2140
Debt
Debt-to-Equity Ratio0.58
Current Ratio1.92
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio10.25
Forward P/E Ratio8.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$211.65 million
Price / Sales1.28
Cash Flow$0.6953 per share
Price / Cash2.33
Book Value$5.19 per share
Price / Book0.31
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-15,090,000.00
Net Margins-16.31%
Return on Equity3.98%
Return on Assets2.36%
Miscellaneous
EmployeesN/A
Outstanding Shares167,590,000
Market Cap$293.28 million
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 declared a quarterly dividend on Wednesday, July 25th. Shareholders of record on Tuesday, August 7th will be given a dividend of $0.02 per share on Friday, August 10th. This represents a $0.08 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend is Monday, August 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 Wednesday, August, 1st. The shipping company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. The shipping company earned $58.20 million during the quarter, compared to the consensus estimate of $57.07 million. Navios Maritime Partners had a negative net margin of 16.31% and a positive return on equity of 3.98%. View Navios Maritime Partners' Earnings History.
When is Navios Maritime Partners' next earnings date?
What price target have analysts set for NMM?
4 analysts have issued 1 year price objectives for Navios Maritime Partners' shares. Their predictions range from $1.80 to $3.00. On average, they anticipate Navios Maritime Partners' share price to reach $2.35 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View Analyst Price Targets for Navios Maritime Partners.
What is the consensus analysts' recommendation for Navios Maritime Partners?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Partners in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navios Maritime Partners.
Who are some of Navios Maritime Partners' key competitors?
Some companies that are related to Navios Maritime Partners include SEASPAN Corp/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Seacor (CKH), COSTAMARE Inc/SH (CMRE), Teekay (TK), DHT (DHT), Navigator (NVGS), Scorpio Tankers (STNG), DryShips (DRYS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Gener8 Maritime (GNRT) and SEACOR Marine (SMHI).
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)
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 $1.62.
How big of a company is Navios Maritime Partners?
Navios Maritime Partners has a market capitalization of $293.28 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.
