NYSE:NMM

Navios Maritime Partners Stock Forecast, Price & News

$27.74
-1.72 (-5.84 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$27.63
$29.96
50-Day Range
$24.99
$34.93
52-Week Range
$5.51
$36.46
Volume630,507 shs
Average Volume561,752 shs
Market Capitalization$549.81 million
P/E Ratio4.20
Dividend Yield0.68%
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 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 dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under medium to long-term charters. As of March 24, 2021, it operated a fleet of 52 vessels. 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.

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MarketRank

Overall MarketRank

1.70 out of 5 stars

Transportation Sector

58th out of 249 stocks

Deep Sea Foreign Transportation Of Freight Industry

15th out of 55 stocks

Analyst Opinion: 1.5Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.1 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 drop in short interest in the month of May. As of May 28th, there was short interest totaling 79,200 shares, a drop of 28.6% from the May 13th total of 110,900 shares. Based on an average trading volume of 627,300 shares, the days-to-cover ratio is currently 0.1 days.
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 Wednesday, August 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 results on Thursday, April, 29th. The shipping company reported $1.01 EPS for the quarter, missing analysts' consensus estimates of $1.24 by $0.23. The shipping company had revenue of $65.06 million for the quarter, compared to the consensus estimate of $67.55 million. Navios Maritime Partners had a net margin of 32.14% and a trailing twelve-month return on equity of 3.35%.
View Navios Maritime Partners' earnings history
.

How has Navios Maritime Partners' stock been impacted by COVID-19?

Navios Maritime Partners' stock was trading at $7.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NMM shares have increased by 280.5% and is now trading at $27.74.
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 announced a quarterly dividend on Thursday, April 29th. Investors of record on Tuesday, May 11th will be paid a dividend of $0.05 per share on Friday, May 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Monday, May 10th.
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 0.68%. Navios Maritime Partners does not yet have a strong track record of dividend growth. 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 2.00% 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?

Navios Maritime Partners shares 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 twelve-month price objectives for Navios Maritime Partners' shares. Their forecasts range from $20.00 to $21.00. On average, they expect Navios Maritime Partners' share price to reach $20.33 in the next twelve months. This suggests that the stock has a possible downside of 26.7%.
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:
  • Ms. Angeliki N. Frangou, Chairman & CEO (Age 56, Pay $150k)
  • Mr. Efstratios Desypris, Chief Financial Officer (Age 48)
  • Mr. Georgios Achniotis, Exec. VP of Bus. Devel. & Director (Age 56)
  • Ms. Vasiliki Papaefthymiou, Sec. (Age 52)

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 many different institutional and retail investors. Top institutional shareholders include Globeflex Capital L P (0.92%), Morgan Stanley (0.76%), CHURCHILL MANAGEMENT Corp (1.14%), Commonwealth Equity Services LLC (0.40%), Millennium Management LLC (0.12%) and UBS Group AG (0.11%).

Which major investors are selling Navios Maritime Partners stock?

NMM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Russell Investments Group Ltd., Arrowstreet Capital Limited Partnership, GSA Capital Partners LLP, and UBS Group AG.

Which major investors are buying Navios Maritime Partners stock?

NMM stock was purchased by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Commonwealth Equity Services LLC, Globeflex Capital L P, Millennium Management LLC, Occudo Quantitative Strategies LP, Stifel Financial Corp, and Dorsey Wright & Associates.

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 $27.74.

How much money does Navios Maritime Partners make?

Navios Maritime Partners has a market capitalization of $549.81 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 377-9798-2140 or via email at [email protected]


This page was last updated on 6/15/2021 by MarketBeat.com Staff
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