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.
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Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone377-9798-2140
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$231.36 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/12/2019 (Estimated)
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 Thursday, July 25th. Shareholders of record on Tuesday, August 6th will be given a dividend of $0.30 per share on Friday, August 9th. This represents a $1.20 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Monday, August 5th. View Navios Maritime Partners' Dividend History.
When did Navios Maritime Partners' stock split? How did Navios Maritime Partners' stock split work?
Navios Maritime Partners shares 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.
How were Navios Maritime Partners' earnings last quarter?
Navios Maritime Partners L.P. (NYSE:NMM) announced its quarterly earnings results on Wednesday, July, 31st. The shipping company reported ($0.13) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.07. The shipping company earned $47.75 million during the quarter, compared to the consensus estimate of $44.63 million. Navios Maritime Partners had a negative net margin of 2.36% and a positive return on equity of 2.33%. View Navios Maritime Partners' Earnings History.
When is Navios Maritime Partners' next earnings date?
What price target have analysts set for NMM?
2 analysts have issued 12 month target prices for Navios Maritime Partners' stock. Their predictions range from $21.50 to $21.50. On average, they anticipate Navios Maritime Partners' stock price to reach $21.50 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for Navios Maritime Partners.
What is the consensus analysts' recommendation for 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Navios Maritime Partners.
Has Navios Maritime Partners been receiving favorable news coverage?
Press coverage about NMM stock has been trending very negative this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Navios Maritime Partners earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Navios Maritime Partners.
Are investors shorting Navios Maritime Partners?
Navios Maritime Partners saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 34,600 shares, an increase of 16.5% from the August 30th total of 29,700 shares. Based on an average trading volume of 74,700 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the company's stock are short sold. View Navios Maritime Partners' Current Options Chain.
Who are some of Navios Maritime Partners' key competitors?
Some companies that are related to Navios Maritime Partners include COSTAMARE INC/SH (CMRE), Dorian LPG (LPG), Navigator (NVGS), Scorpio Bulkers (SALT), Teekay (TK), DryShips (DRYS), Genco Shipping & Trading (GNK), TSAKOS ENERGY N/SH (TNP), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), Ardmore Shipping (ASC), SEACOR Marine (SMHI), Capital Product Partners (CPLP), Safe Bulkers (SB) and Danaos (DAC).
What other stocks do shareholders of Navios Maritime Partners own?
Who are Navios Maritime Partners' key executives?
Navios Maritime Partners' management team includes the folowing 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)
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 $20.67.
How big of a company is Navios Maritime Partners?
Navios Maritime Partners has a market capitalization of $228.82 million and generates $231.36 million in revenue each year. The shipping company earns $-13,080,000.00 in net income (profit) each year or $3.30 on an earnings per share basis. View Additional Information About Navios Maritime Partners.
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, 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)
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.
