NYSE:NMM

Navios Maritime Partners Stock Forecast, Price & News

$30.20
-0.47 (-1.53 %)
(As of 09/16/2021 02:29 PM ET)
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Today's Range
$29.95
$31.36
50-Day Range
$21.47
$31.45
52-Week Range
$5.51
$36.46
Volume21,201 shs
Average Volume480,494 shs
Market Capitalization$598.56 million
P/E Ratio2.47
Dividend Yield0.66%
Beta2.68
30 days | 90 days | 365 days | Advanced Chart
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Navios Maritime Partners logo

About Navios Maritime Partners

Navios Maritime Partners LP operates as a shipping and logistics company, which engages in owning and operating dry cargo and container vessels. It focuses on transport and transshipment of dry bulk commodities including iron ore, coal, and grain. The company was founded on August 7, 2007 and is headquartered in Monte Carlo, Monaco.

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MarketRank

Overall MarketRank

2.21 out of 5 stars

Transportation Sector

57th out of 172 stocks

Deep Sea Foreign Transportation Of Freight Industry

14th out of 45 stocks

Analyst Opinion: 1.5Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -
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Navios Maritime Partners (NYSE:NMM) Frequently Asked Questions

Is Navios Maritime Partners a buy right now?

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.
View analyst ratings for Navios Maritime Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Navios Maritime Partners?

Wall Street analysts have given Navios Maritime Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Navios Maritime Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Navios Maritime Partners?

Navios Maritime Partners saw a increase in short interest in August. As of August 31st, there was short interest totaling 309,300 shares, an increase of 34.1% from the August 15th total of 230,700 shares. Based on an average trading volume of 473,300 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.7% of the shares of the stock are sold short.
View Navios Maritime Partners' Short Interest
.

When is Navios Maritime Partners' next earnings date?

Navios Maritime Partners is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Navios Maritime Partners
.

How were Navios Maritime Partners' earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) released its quarterly earnings data on Tuesday, July, 27th. The shipping company reported $4.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.38 by $1.93. The shipping company earned $152.01 million during the quarter, compared to analyst estimates of $146.03 million. Navios Maritime Partners had a net margin of 55.13% and a trailing twelve-month return on equity of 14.74%.
View Navios Maritime Partners' earnings history
.

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. Since then, NMM shares have increased by 315.1% and is now trading at $30.26.
View which stocks have been most impacted by COVID-19
.

How often does Navios Maritime Partners pay dividends? What is the dividend yield for Navios Maritime Partners?

Navios Maritime Partners declared a quarterly dividend on Tuesday, July 27th. Shareholders of record on Monday, August 9th will be paid a dividend of $0.05 per share on Thursday, August 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Friday, August 6th.
View Navios Maritime Partners' dividend history
.

Is Navios Maritime Partners a good dividend stock?

Navios Maritime Partners pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.66%. The dividend payout ratio of Navios Maritime Partners is 22.47%. 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 1.55% next year. This indicates that Navios Maritime Partners will be able to sustain or increase its dividend.
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 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 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 12 month target prices for Navios Maritime Partners' shares. Their forecasts range from $20.00 to $21.00. On average, they anticipate Navios Maritime Partners' share price to reach $20.33 in the next twelve months. This suggests that the stock has a possible downside of 32.8%.
View analysts' price targets for Navios Maritime Partners
or view top-rated stocks among Wall Street analysts.

Who are Navios Maritime Partners' key executives?

Navios Maritime Partners' management team includes the following people:
  • Angeliki N. Frangou, Chairman & Chief Executive Officer
  • Efstratios Desypris, Chief Financial Officer
  • George Achniotis, Director & Executive VP-Business Development
  • Vasiliki Papaefthymiou, Secretary

Who are some of Navios Maritime Partners' key competitors?

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 institutional and retail investors. Top institutional shareholders include Morgan Stanley (3.85%), Morgan Stanley (3.85%), Susquehanna International Group LLP (0.00%), Citadel Advisors LLC (0.00%), Group One Trading L.P. (0.00%) and Skandinaviska Enskilda Banken AB publ (1.70%).

Which institutional investors are selling Navios Maritime Partners stock?

NMM stock was sold by a variety of institutional investors in the last quarter, including Globeflex Capital L P, Wolverine Trading LLC, and Russell Investments Group Ltd..

Which institutional investors are buying Navios Maritime Partners stock?

NMM stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Skandinaviska Enskilda Banken AB publ, Group One Trading L.P., Marshall Wace LLP, Marshall Wace LLP, Citadel Advisors LLC, and Advisor Group Holdings Inc..

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 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 $30.26.

How much money does Navios Maritime Partners make?

Navios Maritime Partners has a market capitalization of $599.75 million and generates $226.77 million in revenue each year. The shipping company earns $-68,540,000.00 in net income (profit) each year or $0.89 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.

Where are Navios Maritime Partners' headquarters?

Navios Maritime Partners is headquartered at 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, 98000.

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 (779) 798-2140 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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