NYSE:NMM - Navios Maritime Partners Stock Price, Forecast & News

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

Navios Maritime Partners announced a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.30 per share on Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date is Wednesday, November 6th. View Navios Maritime Partners' Dividend History.

Shares of Navios Maritime Partners 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.

Navios Maritime Partners L.P. (NYSE:NMM) issued its quarterly earnings results on Thursday, October, 31st. The shipping company reported $1.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $1.33. The shipping company earned $63.55 million during the quarter, compared to analysts' expectations of $57.07 million. Navios Maritime Partners had a return on equity of 2.59% and a net margin of 0.62%. View Navios Maritime Partners' Earnings History.

Navios Maritime Partners is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Navios Maritime Partners.

1 brokers have issued 1 year target prices for Navios Maritime Partners' shares. Their forecasts range from $21.50 to $21.50. On average, they expect Navios Maritime Partners' stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for Navios Maritime Partners.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navios Maritime Partners.

Media headlines about NMM stock have trended neutral on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Navios Maritime Partners earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Navios Maritime Partners.

Navios Maritime Partners saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 22,100 shares, a decline of 20.5% from the December 15th total of 27,800 shares. Based on an average daily trading volume, of 104,900 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are short sold. View Navios Maritime Partners' Current Options Chain.

Some companies that are related to Navios Maritime Partners include Teekay (TK), DryShips (DRYS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), TSAKOS ENERGY N/SH (TNP), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), SEACOR Marine (SMHI), Ardmore Shipping (ASC), Capital Product Partners (CPLP), Danaos (DAC), Overseas Shipholding Group (OSG), Safe Bulkers (SB), Global Ship Lease (GSL) and StealthGas (GASS).

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), Targa Resources (TRGP), Enterprise Products Partners (EPD), Navios Maritime (NM), Prospect Capital (PSEC), Energy Transfer LP Unit (ET) and Apollo Investment (AINV).

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.

One share of NMM stock can currently be purchased for approximately $16.15.

Navios Maritime Partners has a market capitalization of $177.33 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.

The official website for Navios Maritime Partners is http://www.navios-mlp.com/.

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]