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Wall Street slips as weak earnings hit tech, travel stocks
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NYSE:NMM

Navios Maritime Partners - NMM Stock Forecast, Price & News

$29.49
+0.44 (+1.51%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$28.96
$29.57
50-Day Range
$20.36
$31.22
52-Week Range
$19.71
$37.16
Volume
87,552 shs
Average Volume
297,860 shs
Market Capitalization
$890.51 million
P/E Ratio
1.79
Dividend Yield
0.69%
Price Target
N/A

Navios Maritime Partners MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.73% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Navios Maritime Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.80%
From $18.85 to $21.64 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Transportation Sector

93rd out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

22nd out of 31 stocks

NMM stock logo

About Navios Maritime Partners (NYSE:NMM) Stock

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 liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. Olympos Maritime Ltd. 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 Trading Up 1.5 %

Shares of NMM Stock opened at $29.49 on Wednesday. Navios Maritime Partners has a fifty-two week low of $19.71 and a fifty-two week high of $37.16. The firm has a market capitalization of $890.51 million, a P/E ratio of 1.79 and a beta of 2.22. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 0.64. The stock's fifty day moving average is $25.28 and its two-hundred day moving average is $29.12.

Navios Maritime Partners (NYSE:NMM - Get Rating) last announced its quarterly earnings results on Tuesday, May 10th. The shipping company reported $2.78 EPS for the quarter, missing the consensus estimate of $3.06 by ($0.28). Navios Maritime Partners had a net margin of 47.70% and a return on equity of 25.91%. The business had revenue of $236.62 million during the quarter, compared to analyst estimates of $225.48 million. Research analysts expect that Navios Maritime Partners will post 18.85 earnings per share for the current fiscal year.

Navios Maritime Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Tuesday, August 9th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Monday, August 8th. Navios Maritime Partners's dividend payout ratio is presently 1.22%.

Analysts Set New Price Targets

NMM has been the subject of a number of research analyst reports. Jefferies Financial Group began coverage on shares of Navios Maritime Partners in a research report on Wednesday, July 20th. They issued a "buy" rating for the company. Clarkson Capital reiterated a "buy" rating on shares of Navios Maritime Partners in a report on Tuesday, June 14th. TheStreet raised shares of Navios Maritime Partners from a "c" rating to a "b-" rating in a research note on Wednesday, August 3rd. Finally, StockNews.com cut Navios Maritime Partners from a "buy" rating to a "hold" rating in a research report on Monday, August 1st.

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NMM Stock News Headlines

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NMM Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 5/12 Dividend
5/06/2022
Dividend Payable
5/12/2022
Ex-Dividend for 8/12 Dividend
8/08/2022
Today
8/10/2022
Dividend Payable
8/12/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Profitability

Net Income
$516.19 million
Pretax Margin
52.02%

Debt

Sales & Book Value

Annual Sales
$713.17 million
Cash Flow
$16.85 per share
Book Value
$58.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$890.51 million
Optionable
Optionable
Beta
2.22














NMM Stock - Frequently Asked Questions

Should I buy or sell Navios Maritime Partners stock right now?

2 Wall Street research 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 research analysts is that investors should "buy" NMM shares.
View NMM analyst ratings
or view top-rated stocks.

How has Navios Maritime Partners' stock price performed in 2022?

Navios Maritime Partners' stock was trading at $25.09 at the beginning of 2022. Since then, NMM shares have increased by 17.5% and is now trading at $29.49.
View the best growth stocks for 2022 here
.

Are investors shorting Navios Maritime Partners?

Navios Maritime Partners saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 460,000 shares, an increase of 32.8% from the June 15th total of 346,500 shares. Based on an average trading volume of 264,900 shares, the short-interest ratio is currently 1.7 days.
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 Wednesday, November 9th 2022.
View our NMM earnings forecast
.

How were Navios Maritime Partners' earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) announced its earnings results on Wednesday, November, 10th. The shipping company reported $4.77 EPS for the quarter, beating the consensus estimate of $3.44 by $1.33. The shipping company earned $227.96 million during the quarter, compared to analysts' expectations of $216.15 million. Navios Maritime Partners had a net margin of 47.70% and a trailing twelve-month return on equity of 25.91%. During the same quarter in the previous year, the firm earned $0.78 earnings per share.

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 Saturday, July 30th. Shareholders of record on Tuesday, August 9th will be given a dividend of $0.05 per share on Friday, August 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Monday, August 8th.
Read our dividend analysis for NMM
.

Is Navios Maritime Partners a good dividend stock?

Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.69%. The dividend payout ratio is 1.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 0.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMM.

When did Navios Maritime Partners' stock split?

Shares of Navios Maritime Partners reverse split on the morning of 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 stock prior to the reverse split would have 7 shares after the split.

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 many different retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.54%), Commonwealth Equity Services LLC (0.44%), Envestnet Asset Management Inc. (0.03%) and Counterpoint Mutual Funds LLC (0.01%).

How do I buy shares of Navios Maritime Partners?

Shares of NMM stock 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 $29.49.

How much money does Navios Maritime Partners make?

Navios Maritime Partners (NYSE:NMM) has a market capitalization of $890.51 million and generates $713.17 million in revenue each year. The shipping company earns $516.19 million in net income (profit) each year or $16.45 on an earnings per share basis.

How many employees does Navios Maritime Partners have?

Navios Maritime Partners employs 2,020 workers across the globe.

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 official website for the company is www.navios-mlp.com. The shipping company can be reached via phone at (779) 798-2140, via email at investors@navios-mlp.com, or via fax at 377-9798-2141.

This page (NYSE:NMM) was last updated on 8/10/2022 by MarketBeat.com Staff

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