NYSE:NMM Navios Maritime Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Navios Maritime Partners L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.85 +0.07 (+1.21 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$5.73Now: $5.85▼$5.9750-Day Range$5.72MA: $6.24▼$6.9352-Week Range$4.08Now: $5.85▼$21.30Volume86,854 shsAverage Volume119,289 shsMarket Capitalization$64.28 millionP/E RatioN/ADividend Yield3.46%Beta2.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingNavios Maritime Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Navios Maritime Partners has a forecasted upside of 105.1% from its current price of $5.85.Amount of Analyst CoverageNavios Maritime Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesNavios Maritime Partners has received 317 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNavios Maritime Partners has received 407 “underperform” votes. (Add your “underperform” vote.)Community SentimentNavios Maritime Partners has received 56.22% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldNavios Maritime Partners pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNavios Maritime Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Navios Maritime Partners is 8.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Navios Maritime Partners will have a dividend payout ratio of 6.10% next year. This indicates that Navios Maritime Partners will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Navios Maritime Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 5.19% of the stock of Navios Maritime Partners is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Navios Maritime Partners are expected to grow by 2,242.86% in the coming year, from $0.14 to $3.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Navios Maritime Partners is -0.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Navios Maritime Partners is -0.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNavios Maritime Partners has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.04 out of 5 stars 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 CIK1415921 Webwww.navios-mlp.com Phone377-9798-2140Debt Debt-to-Equity Ratio0.57 Current Ratio0.48 Quick Ratio0.48Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio41.79 P/E GrowthN/A Sales & Book Value Annual Sales$219.38 million Price / Sales0.29 Cash Flow$8.60 per share Price / Cash Flow0.68 Book Value$66.28 per share Price / Book0.09Profitability EPS (Most Recent Fiscal Year)$2.43 Net Income$-62,130,000.00 Net Margins-32.80% Return on Equity2.59% Return on Assets1.51%Miscellaneous EmployeesN/A Outstanding Shares10,988,000Market Cap$64.28 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $5.85 +0.07 (+1.21 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive NMM News and Ratings via Email Sign-up to receive the latest news and ratings for NMM and its competitors with MarketBeat's FREE daily newsletter. Navios Maritime Partners (NYSE:NMM) Frequently Asked Questions How has Navios Maritime Partners' stock price been impacted by Coronavirus? Navios Maritime Partners' stock was trading at $7.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NMM stock has decreased by 19.8% and is now trading at $5.85. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Navios Maritime Partners. When is Navios Maritime Partners' next earnings date? Navios Maritime Partners is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Navios Maritime Partners. How were Navios Maritime Partners' earnings last quarter? Navios Maritime Partners L.P. (NYSE:NMM) posted its quarterly earnings results on Wednesday, July, 29th. The shipping company reported ($0.71) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.42) by $0.29. The shipping company earned $46.55 million during the quarter, compared to analyst estimates of $46.69 million. Navios Maritime Partners had a positive return on equity of 2.59% and a negative net margin of 32.80%. View Navios Maritime Partners' earnings history. 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 30th. Shareholders of record on Monday, August 10th will be given a dividend of $0.05 per share on Thursday, August 13th. This represents a $0.20 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Friday, August 7th. View Navios Maritime Partners' dividend history. When did Navios Maritime Partners' stock split? How did Navios Maritime Partners' stock split work? 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 closing bell 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. What price target have analysts set for NMM? 2 brokerages have issued 1-year target prices for Navios Maritime Partners' shares. Their forecasts range from $9.00 to $15.00. On average, they anticipate Navios Maritime Partners' stock price to reach $12.00 in the next year. This suggests a possible upside of 105.1% from the stock's current price. View analysts' price targets for Navios Maritime Partners. Are investors shorting Navios Maritime Partners? Navios Maritime Partners saw a decrease in short interest in August. As of August 31st, there was short interest totaling 119,500 shares, a decrease of 21.8% from the August 15th total of 152,800 shares. Based on an average trading volume of 113,800 shares, the short-interest ratio is presently 1.1 days. Currently, 1.4% of the shares of the stock are sold short. View Navios Maritime Partners' Short Interest. Who are some of Navios Maritime Partners' key competitors? Some companies that are related to Navios Maritime Partners include Teekay (TK), Eagle Bulk Shipping (EGLE), Overseas Shipholding Group (OSG), Scorpio Bulkers (SALT), Danaos (DAC), TSAKOS ENERGY N/SH (TNP), Diana Shipping (DSX), Capital Product Partners (CPLP), Global Ship Lease (GSL), Pangaea Logistics Solutions (PANL), Safe Bulkers (SB), StealthGas (GASS), Ardmore Shipping (ASC), Grindrod Shipping (GRIN) and Navios Maritime Acquisition (NNA). View all competitors. What other stocks do shareholders of Navios Maritime Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Navios Maritime Partners investors own include Esperion Therapeutics (ESPR), Check Cap (CHEK), New Residential Investment (NRZ), Alon USA Partners (ALDW), Energy Transfer LP Unit (ET), Targa Resources (TRGP), Enterprise Products Partners (EPD), Prospect Capital (PSEC), Navios Maritime (NM) and Navios Maritime Acquisition (NNA). Who are Navios Maritime Partners' key executives? Navios Maritime Partners' management team includes the following 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) 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 a number of retail and institutional investors. Top institutional shareholders include Two Sigma Advisers LP (0.31%), Advisor Group Holdings Inc. (0.19%), Globeflex Capital L P (0.17%), UBS Group AG (0.15%), Virtu Financial LLC (0.12%) and Captrust Financial Advisors (0.04%). Which institutional investors are selling Navios Maritime Partners stock? NMM stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Advisor Group Holdings Inc., and Globeflex Capital L P. Which institutional investors are buying Navios Maritime Partners stock? NMM stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, UBS Group AG, and Captrust Financial Advisors. 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 $5.85. How big of a company is Navios Maritime Partners? Navios Maritime Partners has a market capitalization of $64.28 million and generates $219.38 million in revenue each year. The shipping company earns $-62,130,000.00 in net income (profit) each year or $2.43 on an earnings per share basis. What is Navios Maritime Partners' official website? The official website for Navios Maritime Partners is www.navios-mlp.com. 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] This page was last updated on 9/27/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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