Navios Maritime Partners Stock Forecast, Price & News

2 Wall Street equities 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 equities research analysts is that investors should "buy" Navios Maritime Partners stock.
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Navios Maritime Partners' stock was trading at $25.09 at the start of the year. Since then, NMM stock has decreased by 10.0% and is now trading at $22.57.
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Navios Maritime Partners saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 282,500 shares, a decline of 17.1% from the May 15th total of 340,700 shares. Based on an average daily trading volume, of 295,200 shares, the days-to-cover ratio is currently 1.0 days.
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Navios Maritime Partners is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
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Navios Maritime Partners L.P. (NYSE:NMM) posted its earnings results on Tuesday, May, 10th. The shipping company reported $2.78 EPS for the quarter, missing analysts' consensus estimates of $3.06 by $0.28. The shipping company earned $236.62 million during the quarter, compared to analyst estimates of $225.48 million. Navios Maritime Partners had a net margin of 52.58% and a trailing twelve-month return on equity of 26.77%.
View Navios Maritime Partners' earnings history.

Navios Maritime Partners declared a quarterly dividend on Friday, April 29th. Stockholders of record on Monday, May 9th will be given a dividend of $0.05 per share on Thursday, May 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Friday, May 6th.
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Navios Maritime Partners(NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.89%. The dividend payout ratio of Navios Maritime Partners is 1.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Navios Maritime Partners will have a dividend payout ratio of 1.01% next year. This indicates that Navios Maritime Partners will be able to sustain or increase its dividend.
View Navios Maritime Partners' dividend history.

Navios Maritime Partners's stock 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 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.

Some companies that are related to Navios Maritime Partners include Atlas (ATCO), Euronav (EURN), Star Bulk Carriers (SBLK), Pacific Basin Shipping (PCFBY), Scorpio Tankers (STNG), Frontline (FRO), Costamare (CMRE), SFL (SFL), Danaos (DAC), DHT (DHT), Navigator (NVGS), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), Global Ship Lease (GSL) and Dorian LPG (LPG).
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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), ALDW (ALDW), Energy Transfer (ET), Targa Resources (TRGP), Enterprise Products Partners (EPD), Prospect Capital (PSEC), Navios Maritime (NM) and Navios Maritime Acquisition (NNA).

Navios Maritime Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMM."

Navios Maritime Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include GMT Capital Corp (1.97%), CHURCHILL MANAGEMENT Corp (0.92%), Group One Trading L.P. (0.00%), Commonwealth Equity Services LLC (0.44%), BNP Paribas Arbitrage SA (0.29%) and Simplex Trading LLC (0.00%).

NMM stock was sold by a variety of institutional investors in the last quarter, including Group One Trading L.P., CHURCHILL MANAGEMENT Corp, Jane Street Group LLC, Simplex Trading LLC, JPMorgan Chase & Co., Cutler Group LP, HAP Trading LLC, and Navellier & Associates Inc..

NMM stock was purchased by a variety of institutional investors in the last quarter, including GMT Capital Corp, Royal Bank of Canada, Advisor Group Holdings Inc., BNP Paribas Arbitrage SA, PEAK6 Investments LLC, Vanguard Capital Wealth Advisors, Walleye Trading LLC, and Cambridge Investment Research Advisors Inc..

Shares of NMM 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.
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One share of NMM stock can currently be purchased for approximately $22.57.

Navios Maritime Partners (NYSE:NMM) has a market capitalization of $681.61 million and generates $713.17 million in revenue each year. The shipping company earns $516.19 million in net income (profit) each year or $16.93 on an earnings per share basis.

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

Navios Maritime Partners' mailing address is 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, 98000. The official website for Navios Maritime Partners is www.navios-mlp.com. The shipping company can be reached via phone at (779) 798-2140, via email at [email protected], or via fax at 377-9798-2141.