Navios Maritime Partners L.P. is an international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain and fertilizer, and also containers, chartering its vessels under medium to long-term charters. It focuses on providing seaborne shipping services under long-term time charters. As of December 31, 2016, it controlled 12 Panamax vessels, nine Capesize vessels, three Ultra-Handymax vessels and seven container vessels. Panamax vessels are vessels capable of carrying a range of dry cargo commodities, including iron ore, coal, grain and fertilizer and being accommodated in various discharge ports. Capesize vessels are dedicated to the carriage of iron ore and coal. Ultra-Handymax vessels are similar to Panamax vessels although with less carrying capacity, and have self-loading and discharging gear on board to accommodate undeveloped ports.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Deep Sea Freight
- Sub-Industry: N/A
- Symbol: NYSE:NMM
- CUSIP: N/A
- Web: www.navios-mlp.com
Capitalization:- Market Cap: $314.43 million
- Outstanding Shares: 150,445,000
Average Prices:- 50 Day Moving Avg: $2.00
- 200 Day Moving Avg: $1.87
- 52 Week Range: $1.15 - $2.94
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 20.90
- P/E Growth: -1.44
Sales & Book Value:- Annual Revenue: $192.44 million
- Price / Sales: 1.63
- Book Value: $5.18 per share
- Price / Book: 0.40
Profitability:- EBIDTA: $104.34 million
- Net Margins: -19.50%
- Return on Equity: 2.60%
- Return on Assets: 1.49%
Debt:- Debt-to-Equity Ratio: 0.55%
- Current Ratio: 1.95%
- Quick Ratio: 1.95%
Misc:- Average Volume: 684,756 shs.
- Beta: 1.79
- Short Ratio: 1.31
Frequently Asked Questions for Navios Maritime Partners LP (NYSE:NMM)
What is Navios Maritime Partners LP's stock symbol?
Navios Maritime Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMM."
How were Navios Maritime Partners LP's earnings last quarter?
Navios Maritime Partners LP (NYSE:NMM) released its earnings results on Thursday, July, 27th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $50.02 million for the quarter, compared to analyst estimates of $44.37 million. Navios Maritime Partners LP had a negative net margin of 19.50% and a positive return on equity of 2.60%. Navios Maritime Partners LP's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.05 earnings per share. View Navios Maritime Partners LP's Earnings History.
When will Navios Maritime Partners LP make its next earnings announcement?
Where is Navios Maritime Partners LP's stock going? Where will Navios Maritime Partners LP's stock price be in 2017?
3 equities research analysts have issued 12-month target prices for Navios Maritime Partners LP's shares. Their forecasts range from $2.00 to $2.25. On average, they anticipate Navios Maritime Partners LP's share price to reach $2.17 in the next year. View Analyst Ratings for Navios Maritime Partners LP.
What are analysts saying about Navios Maritime Partners LP stock?
Here are some recent quotes from research analysts about Navios Maritime Partners LP stock:
- 1. According to Zacks Investment Research, "Navios Maritime Partners L.P. is an international owner and operator of dry cargo vessels. It engages in the seaborne transportation services of drybulk commodities including iron ore, coal, grains, fertilizers and chartering of its vessels under medium to long-term charters. Navios Maritime Partners L.P. is headquartered in Piraeus, Greece. " (8/2/2017)
- 2. Stifel Nicolaus analysts commented, "Navios ended 2016 reasonably well with numbers above our estimate and the Street consensus. Management has refinancing or repaid several near-term credit facilities in attempts to right-size the balance sheet, which we believe will pay off in the long-term. However, with no significant growth catalysts in the market, we believe units will remain under pressure until the fundamentals show sustained improvement." (2/15/2017)
Who are some of Navios Maritime Partners LP's key competitors?
Some companies that are related to Navios Maritime Partners LP include International Seaways (INSW), Scorpio Bulkers (SALT), Capital Product Partners L.P. (CPLP), Diana Shipping inc. (DSX), Tsakos Energy Navigation Ltd (TNP), Safe Bulkers (SB), Ardmore Shipping Corporation (ASC), DryShips (DRYS), Hornbeck Offshore Services (HOS), Danaos Corporation (DAC), StealthGas (GASS), Global Ship Lease (GSL), Pyxis Tankers (PXS), Euroseas (ESEA), Diana Containerships (DCIX), Baltic Trading Ltd (BALT) and Hellenic Carriers Limited (HCL).
Who are Navios Maritime Partners LP's key executives?
Navios Maritime Partners LP's management team includes the folowing people:
- Angeliki N. Frangou, Chairman of the Board, Chief Executive Officer
- Efstratios Desypris, Chief Financial Officer
- George Achniotis, Executive Vice President - Business Development, Director
- Vasiliki Papaefthymiou, Secretary
- Robert Pierot, Director
- Shunji Sasada, Director
- Lambros Theodorou, Director
- Orthodoxia Zisimatou, Director
- Serafeim Kriempardis, Independent Director
Who owns Navios Maritime Partners LP stock?
Navios Maritime Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (4.84%), JPMorgan Chase & Co. (0.87%), Sound Point Capital Management LP (0.73%), GLG Partners LP (0.66%), Sanders Morris Harris LLC (0.19%) and California Public Employees Retirement System (0.14%). View Institutional Ownership Trends for Navios Maritime Partners LP.
Who sold Navios Maritime Partners LP stock? Who is selling Navios Maritime Partners LP stock?
Who bought Navios Maritime Partners LP stock? Who is buying Navios Maritime Partners LP stock?
Navios Maritime Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Arrowstreet Capital Limited Partnership, Sound Point Capital Management LP and Virtu KCG Holdings LLC. View Insider Buying and Selling for Navios Maritime Partners LP.
How do I buy Navios Maritime Partners LP stock?
Shares of Navios Maritime Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Navios Maritime Partners LP's stock price today?
One share of Navios Maritime Partners LP stock can currently be purchased for approximately $2.09.
MarketBeat Community Rating for Navios Maritime Partners LP (NYSE NMM)MarketBeat's community ratings are surveys of what our community members think about Navios Maritime Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Navios Maritime Partners LP (NYSE:NMM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $2.17 (3.67% upside) |
Analysts' Ratings History for Navios Maritime Partners LP (NYSE:NMM)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/1/2017 | Stifel Nicolaus | Reiterated Rating | Hold | $2.25 | Low |  |
| 6/5/2017 | Jefferies Group LLC | Initiated Coverage | Buy | $2.00 | Low | |
| 4/25/2017 | Citigroup Inc. | Boost Price Target | Neutral | $2.00 -> $2.25 | Low | |
| 3/15/2016 | Clarkson Capital | Reiterated Rating | Neutral | | N/A | |
| 3/8/2016 | Deutsche Bank AG | Reiterated Rating | Hold | | N/A | |
| 2/4/2016 | Morgan Stanley | Downgrade | Equal Weight -> Underweight | | N/A | |
| 1/26/2016 | J P Morgan Chase & Co | Upgrade | Neutral -> Overweight | | N/A | |
(Data available from 9/26/2015 forward)
Earnings History for Navios Maritime Partners LP (NYSE:NMM)Earnings History by Quarter for Navios Maritime Partners LP (NYSE NMM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/13/2017 | | | | | | | N/A | |
| 7/27/2017 | 6/30/2017 | $0.01 | $0.03 | $44.37 million | $50.02 million | View | N/A | |
| 5/22/2017 | 3/31/2017 | ($0.05) | $0.01 | $41.31 million | $42.40 million | View | N/A | |
| 2/14/2017 | Q416 | $0.01 | $0.09 | $46.53 million | $49.70 million | View | Listen | |
| 11/14/2016 | Q316 | $0.01 | $0.07 | $46.96 million | $50.30 million | View | N/A | |
| 8/11/2016 | Q216 | $0.05 | ($0.20) | $50.13 million | $44.90 million | View | Listen | |
| 2/3/2016 | Q415 | $0.15 | $0.09 | $59.63 million | $53.31 million | View | N/A | |
| 11/3/2015 | Q3 | $0.16 | $0.13 | $60.15 million | $57.10 million | View | N/A | |
| 7/30/2015 | Q215 | $0.19 | $0.13 | $63.01 million | $56.50 million | View | Listen | |
| 5/4/2015 | Q115 | $0.19 | $0.13 | $61.43 million | $56.80 million | View | N/A | |
| 2/2/2015 | Q414 | $0.18 | $0.16 | $61.94 million | $59.40 million | View | N/A | |
| 10/27/2014 | Q314 | $0.16 | $0.16 | $58.27 million | $55.29 million | View | Listen | |
| 7/29/2014 | Q214 | $0.13 | $0.15 | $57.70 million | $55.18 million | View | N/A | |
| 4/29/2014 | Q114 | $0.16 | $0.24 | $60.41 million | $57.50 million | View | N/A | |
| 1/29/2014 | Q413 | ($0.06) | $0.13 | $133.29 million | $52.15 million | View | N/A | |
| 10/24/2013 | Q313 | $0.14 | $0.19 | $45.08 million | $46.58 million | View | N/A | |
| 7/25/2013 | Q2 2013 | $0.21 | $0.29 | $47.25 million | $49.20 million | View | N/A | |
| 4/25/2013 | Q1 2013 | $0.25 | $0.24 | $49.60 million | $50.28 million | View | N/A | |
| 1/24/2013 | Q4 2012 | $0.27 | $0.65 | $50.75 million | $52.80 million | View | N/A | |
| 10/23/2012 | | $0.29 | $0.36 | | | View | N/A | |
| 7/26/2012 | | $0.29 | $0.29 | | | View | N/A | |
| 4/26/2012 | | $0.31 | $0.30 | | | View | N/A | |
| 1/26/2012 | | $0.34 | $0.35 | | | View | N/A | |
| 10/24/2011 | | $0.33 | $0.35 | | | View | N/A | |
| 7/27/2011 | | $0.32 | $0.36 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Navios Maritime Partners LP (NYSE:NMM)2017 EPS Consensus Estimate: $0.08
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.01) | ($0.01) | ($0.01) |
| Q2 2017 | 1 | $0.01 | $0.01 | $0.01 |
| Q3 2017 | 1 | $0.04 | $0.04 | $0.04 |
| Q4 2017 | 1 | $0.04 | $0.04 | $0.04 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Navios Maritime Partners LP (NYSE:NMM)| Most Recent Dividend: | 11/13/2015 |
| Dividend Yield: | 0.00% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Navios Maritime Partners LP (NYSE NMM)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/3/2015 | | $0.21 | | 11/9/2015 | 11/12/2015 | 11/13/2015 |
| 7/23/2015 | | $0.44 | | 8/11/2015 | 8/13/2015 | 8/14/2015 |
| 4/29/2015 | quarterly | $0.44 | 13.39% | 5/11/2015 | 5/13/2015 | 5/14/2015 |
| 1/28/2015 | quarterly | $0.44 | 14.76% | 2/9/2015 | 2/11/2015 | 2/13/2015 |
| 10/23/2014 | quarterly | $0.44 | 10.95% | 11/5/2014 | 11/7/2014 | 11/10/2014 |
| 7/24/2014 | quarterly | $0.44 | 9.04% | 8/6/2014 | 8/8/2014 | 8/13/2014 |
| 4/25/2014 | quarterly | $0.44 | 9.39% | 5/7/2014 | 5/9/2014 | 5/13/2014 |
| 1/24/2014 | quarterly | $0.44 | 9.72% | 2/6/2014 | 2/10/2014 | 2/14/2014 |
| 10/25/2013 | quarterly | $0.44 | 11.66% | 11/6/2013 | 11/8/2013 | 11/13/2013 |
| 7/22/2013 | quarterly | $0.44 | 11.75% | 8/6/2013 | 8/8/2013 | 8/13/2013 |
| 4/22/2013 | quarterly | $0.44 | 12.06% | 5/8/2013 | 5/10/2013 | 5/14/2013 |
| 1/22/2013 | quarterly | $0.44 | 12.08% | 2/6/2013 | 2/8/2013 | 2/14/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Navios Maritime Partners LP (NYSE:NMM)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Navios Maritime Partners LP (NYSE:NMM)
Latest Headlines for Navios Maritime Partners LP (NYSE:NMM)
| Source: |
|
| Date | Headline |
|---|
 | $59.43 Million in Sales Expected for Navios Maritime Partners LP (NMM) This Quarter
www.americanbankingnews.com - September 25 at 9:14 AM |
| Navios Maritime Partners LP (NMM) Expected to Post Earnings of $0.01 Per Share
www.americanbankingnews.com - September 23 at 6:28 AM |
| Head to Head Review: Navios Maritime Partners (NMM) versus Diana Containerships (DCIX)
www.americanbankingnews.com - September 22 at 8:40 PM |
| Comparing Hornbeck Offshore Services (HOS) & Navios Maritime Partners L.P. (NMM)
www.americanbankingnews.com - September 16 at 6:48 PM |
 | Navios Maritime Partners LP :NMM-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 14 at 8:18 AM |
| Critical Review: Golden Ocean Group Limited (GOGL) & Navios Maritime Partners (NMM)
www.americanbankingnews.com - September 5 at 8:35 AM |
| Zacks: Brokerages Expect Navios Maritime Partners LP (NMM) Will Post Earnings of $0.02 Per Share
www.americanbankingnews.com - September 4 at 12:32 PM |
| Danaos Corporation (DAC) vs. Navios Maritime Partners (NMM) Financial Analysis
www.americanbankingnews.com - August 26 at 8:20 PM |
| Navios Maritime Containers Inc. Announces $50.0 Million Private Placement at $5.0 per Share
finance.yahoo.com - August 26 at 7:42 AM |
| Navios Maritime Partners (NMM) & Ardmore Shipping Corporation (ASC) Critical Analysis
www.americanbankingnews.com - August 20 at 8:14 PM |
 | Navios Maritime Partners - Revisiting My Earlier Bullish View - Seeking Alpha
seekingalpha.com - August 15 at 4:17 PM |
| Financial Contrast: Costamare (CMRE) vs. Navios Maritime Partners (NYSE:NMM)
www.americanbankingnews.com - August 11 at 3:14 PM |
 | Navios Maritime Partners LP Announces Pricing of a $53 million Incremental Term Loan under its Existing Term Loan B ... - GlobeNewswire (press release)
globenewswire.com - August 4 at 3:20 PM |
| Navios Maritime Partners L.P. Announces Pricing of a $53 million Incremental Term Loan under its Existing Term Loan B Facility
finance.yahoo.com - August 4 at 6:22 AM |
| Analysts Anticipate Navios Maritime Partners LP (NMM) Will Announce Quarterly Sales of $50.59 Million
www.americanbankingnews.com - July 31 at 8:24 AM |
| Brokerages Expect Navios Maritime Partners LP (NMM) to Post $0.02 EPS
www.americanbankingnews.com - July 29 at 8:30 PM |
 | Navios Maritime Partners LP Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2017 - Nasdaq
www.nasdaq.com - July 28 at 6:12 AM |
| Investor Network: Navios Maritime Partners LP to Host Earnings Call
finance.yahoo.com - July 28 at 6:11 AM |
| Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2017
finance.yahoo.com - July 28 at 6:11 AM |
| Edited Transcript of NMM earnings conference call or presentation 27-Jul-17 12:30pm GMT
finance.yahoo.com - July 28 at 6:11 AM |
| BidaskClub Lowers Navios Maritime Partners LP (NYSE:NMM) to Sell
www.americanbankingnews.com - July 27 at 9:09 PM |
| Navios Maritime Partners LP (NYSE:NMM) Issues Quarterly Earnings Results
www.americanbankingnews.com - July 27 at 2:17 PM |
| Head-To-Head Analysis: Ardmore Shipping Corporation (ASC) and Navios Maritime Partners (NYSE:NMM)
www.americanbankingnews.com - July 24 at 8:59 AM |
| Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - July 22 at 6:59 AM |
 | Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast
feeds.benzinga.com - July 21 at 5:32 PM |
| Zacks: Brokerages Expect Navios Maritime Partners LP (NMM) Will Announce Quarterly Sales of $44.39 Million
www.americanbankingnews.com - July 7 at 12:46 PM |
| Navios Maritime Partners LP (NYSE:NMM) Expected to Post Earnings of $0.01 Per Share
www.americanbankingnews.com - July 5 at 4:24 PM |
| Navios Maritime Partners LP :NMM-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 27 at 6:42 AM |
| Stifel Nicolaus Reiterates Hold Rating for Navios Maritime Partners LP (NMM)
www.americanbankingnews.com - June 24 at 8:14 AM |
 | Navios Maritime Partners (NMM) Appoints Mrs. Orthodoxia Zisimatou to Board
www.streetinsider.com - June 24 at 5:26 AM |
| Navios Maritime Partners LP Announces Appointment of Mrs. Orthodoxia Zisimatou to the Board of Directors - GlobeNewswire (press release)
globenewswire.com - June 23 at 7:22 PM |
| Navios Maritime Partners L.P. Announces Appointment of Mrs. Orthodoxia Zisimatou to the Board of Directors
finance.yahoo.com - June 23 at 8:30 AM |
| Analyzing Navios Maritime Partners (NMM) & Seaspan Corporation (SSW)
www.americanbankingnews.com - June 14 at 8:10 AM |
| Navios Maritime Partners L.P. (NMM) Expected to Announce Quarterly Sales of $44.39 Million
www.americanbankingnews.com - June 11 at 8:50 AM |
| Analysts Anticipate Navios Maritime Partners L.P. (NMM) to Post $0.01 Earnings Per Share
www.americanbankingnews.com - June 9 at 4:28 PM |
| Navios Maritime Partners (NMM) Closing of $50.3M Private Placement, to Acquire Five Container Vessels with Period ... - StreetInsider.com
www.streetinsider.com - June 9 at 8:22 AM |
| Navios Maritime Containers Inc. Announces Closing of $50.3 Million Private Placement and Acquisition of Five Container Vessels with Period Charters
www.nasdaq.com - June 8 at 7:45 PM |
| Navios Maritime Partners L.P. (NMM) & Pangaea Logistics Solutions (PANL) Critical Survey
www.americanbankingnews.com - June 6 at 4:52 PM |
| Jefferies Group LLC Reiterates "Buy" Rating for Navios Maritime Partners L.P. (NMM)
www.americanbankingnews.com - June 5 at 8:12 AM |
| Navios Maritime Acquisition Failed A Credit Facility Covenant Test During Q1 - Seeking Alpha
seekingalpha.com - May 30 at 7:57 AM |
| Navios Maritime Partners L.P. Acquires Five 4,250 TEU Container Vessels from Rickmers Maritime Trust Pte for $59.0 Million
finance.yahoo.com - May 26 at 7:46 PM |
| Navios Maritime Partners L.P. Acquires Five 4250 TEU Container Vessels from Rickmers Maritime Trust Pte for $59.0 ... - GlobeNewswire (press release)
globenewswire.com - May 26 at 4:57 AM |
| Q2 2017 EPS Estimates for Navios Maritime Partners L.P. Lifted by Analyst (NMM)
www.americanbankingnews.com - May 25 at 7:20 AM |
| Navios Maritime Partners' (NMM) Interim CEO Angeliki Frangou on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 23 at 6:20 PM |
| Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2017 - GlobeNewswire (press release)
globenewswire.com - May 23 at 10:11 AM |
| Edited Transcript of NMM earnings conference call or presentation 22-May-17 12:30pm GMT
finance.yahoo.com - May 23 at 10:11 AM |
| Navios Maritime Partners (NMM) Tops Q1 EPS by 4c, Beat on Revenues
www.streetinsider.com - May 22 at 6:07 PM |
| Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2017
finance.yahoo.com - May 22 at 9:53 AM |
| Navios Maritime Partners L.P. (NMM) Releases Earnings Results
www.americanbankingnews.com - May 22 at 8:52 AM |
| Buy Navios Maritime Partners L.P. - Great Value And Likely To Re-Instate The Dividend - Seeking Alpha
seekingalpha.com - May 19 at 11:37 AM |
Navios Maritime Partners LP (NMM) Chart for Tuesday, September, 26, 2017
