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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
NYSE:NMM

Navios Maritime Partners - NMM Stock Forecast, Price & News

$30.33
-0.15 (-0.49%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$29.83
$30.76
50-Day Range
$20.36
$30.79
52-Week Range
$19.71
$37.16
Volume
195,873 shs
Average Volume
203,846 shs
Market Capitalization
$915.97 million
P/E Ratio
1.84
Dividend Yield
0.66%
Price Target
N/A

Navios Maritime Partners MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.75% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

1.91 out of 5 stars

Transportation Sector

94th out of 124 stocks

Deep Sea Foreign Transportation Of Freight Industry

24th out of 29 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 Down 0.5 %

Shares of Navios Maritime Partners stock traded down $0.15 during trading hours on Friday, hitting $30.33. The company's stock had a trading volume of 195,873 shares, compared to its average volume of 203,846. The company has a market capitalization of $915.97 million, a PE ratio of 1.84 and a beta of 2.22. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.64 and a quick ratio of 0.64. The stock has a 50 day moving average of $25.22 and a 200 day moving average of $29.20. Navios Maritime Partners has a 12 month low of $19.71 and a 12 month high of $37.16.

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

Navios Maritime Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 12th. Investors of record on Tuesday, August 9th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, August 8th. This represents a $0.20 annualized dividend and a yield of 0.66%. Navios Maritime Partners's dividend payout ratio is currently 1.22%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NMM. TheStreet raised Navios Maritime Partners from a "c" rating to a "b-" rating in a research note on Wednesday, August 3rd. StockNews.com lowered shares of Navios Maritime Partners from a "buy" rating to a "hold" rating in a research note on Monday, August 1st. Clarkson Capital reaffirmed a "buy" rating on shares of Navios Maritime Partners in a research note on Tuesday, June 14th. Finally, Jefferies Financial Group initiated coverage on shares of Navios Maritime Partners in a research report on Wednesday, July 20th. They set a "buy" rating on the stock.

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NMM Stock News Headlines

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NMM Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 8/12 Dividend
8/08/2022
Dividend Payable
8/12/2022
Today
8/13/2022
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
$16.39 per share
Book Value
$58.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$915.97 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 have NMM shares performed in 2022?

Navios Maritime Partners' stock was trading at $25.09 at the start of the year. Since then, NMM stock has increased by 20.9% and is now trading at $30.33.
View the best growth stocks for 2022 here
.

Are investors shorting Navios Maritime Partners?

Navios Maritime Partners saw a increase in short interest in 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 daily volume of 264,900 shares, the short-interest ratio is presently 1.7 days.
View Navios Maritime Partners' Short Interest
.

When is Navios Maritime Partners' next earnings date?

The company 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) issued its quarterly earnings results on Wednesday, November, 10th. The shipping company reported $4.77 earnings per share (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 the consensus estimate 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 EPS.

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. Investors of record on Tuesday, August 9th will be paid 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 0.66%. The ex-dividend date 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 0.66%. 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 closing bell 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 a number of retail and institutional investors. Top institutional investors include Group One Trading L.P. (0.00%), FMR LLC (0.68%), CHURCHILL MANAGEMENT Corp (0.54%), Commonwealth Equity Services LLC (0.44%), GMT Capital Corp (0.36%) and BNP Paribas Arbitrage SA (0.30%).

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 $30.33.

How much money does Navios Maritime Partners make?

Navios Maritime Partners (NYSE:NMM) has a market capitalization of $915.97 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?

The company 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 8/13/2022 by MarketBeat.com Staff

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