Navios Maritime Partners - NMM Stock Forecast, Price & News

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.

Navios Maritime Partners' stock was trading at $25.09 at the start of the year. Since then, NMM shares have decreased by 2.9% and is now trading at $24.37.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our NMM earnings forecast.

Navios Maritime Partners L.P. (NYSE:NMM) released its quarterly earnings data on Thursday, November, 10th. The shipping company reported $3.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.51 by $0.17. The shipping company had revenue of $322.39 million for the quarter, compared to the consensus estimate of $295.70 million. Navios Maritime Partners had a net margin of 52.22% and a trailing twelve-month return on equity of 23.55%. During the same period last year, the firm posted $4.77 earnings per share.

Navios Maritime Partners declared a quarterly dividend on Wednesday, October 26th. Investors of record on Tuesday, November 8th will be given a dividend of $0.05 per share on Thursday, November 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Monday, November 7th.
Read our dividend analysis for NMM.

Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.83%. The dividend payout ratio is 1.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 1.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMM.

Shares of Navios Maritime Partners reverse split 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 stock prior to the reverse split would have 7 shares after the split.

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 many different institutional and retail investors. Top institutional shareholders include Group One Trading L.P. (0.00%), Citadel Advisors LLC (0.00%), Brightlight Capital Management LP (1.04%), Commonwealth Equity Services LLC (0.43%), Wolverine Trading LLC (0.00%) and Royal Bank of Canada (0.24%).

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.
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One share of NMM stock can currently be purchased for approximately $24.37.

Navios Maritime Partners (NYSE:NMM) has a market capitalization of $735.58 million and generates $713.17 million in revenue each year. The shipping company earns $516.19 million in net income (profit) each year or $18.85 on an earnings per share basis.

The company 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 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.