NYSE:NMM

Navios Maritime Partners (NMM) Stock Price, News & Analysis

$42.50
-0.65 (-1.51%)
(As of 05/1/2024 ET)
Today's Range
$42.01
$43.19
50-Day Range
$33.18
$45.37
52-Week Range
$19.23
$45.88
Volume
101,818 shs
Average Volume
153,881 shs
Market Capitalization
$1.28 billion
P/E Ratio
3.02
Dividend Yield
0.47%
Price Target
N/A

Navios Maritime Partners MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Navios Maritime Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.55%
From $14.53 to $16.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.29 out of 5 stars

Industrials Sector

8th out of 44 stocks

Marine Shipping Industry

1st out of 2 stocks

NMM stock logo

About Navios Maritime Partners Stock (NYSE:NMM)

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 liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Navios Maritime Partners L.P. was founded in 2007 and is based in Monaco.

NMM Stock Price History

NMM Stock News Headlines

Trump’s last act as President
You’ve probably never heard of Executive Order #13972. Signed by President Trump just days before leaving office, it greenlit what could be the most revolutionary technology of the decade… yet it has nothing to do with AI, blockchain, or mRNA vaccines.
Navios Maritime Partners L.P.
NMM Apr 2024 40.000 call
NMM Jan 2025 50.000 call
Trump’s last act as President
You’ve probably never heard of Executive Order #13972. Signed by President Trump just days before leaving office, it greenlit what could be the most revolutionary technology of the decade… yet it has nothing to do with AI, blockchain, or mRNA vaccines.
NMM Apr 2024 30.000 put
Navios Maritime Partners LP Unit (NMM)
NMM Mar 2024 25.000 call
NMM Feb 2024 22.500 call
Earnings Outlook For Navios Maritime Partners
Navios Maritime Partners LP
See More Headlines
Receive NMM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Navios Maritime Partners and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/14 Dividend
2/09/2024
Last Earnings
2/13/2024
Dividend Payable
2/14/2024
Today
5/01/2024
Ex-Dividend for 5/14 Dividend
5/09/2024
Dividend Payable
5/14/2024
Next Earnings (Estimated)
5/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Marine Shipping
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Profitability

Net Income
$433.64 million
Pretax Margin
33.18%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Cash Flow
$21.04 per share
Book Value
$91.78 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.28 billion
Optionable
Optionable
Beta
1.97
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Ms. Angeliki N. Frangou (Age 59)
    Chairwoman & CEO
    Comp: $150k
  • Mr. Shunji Sasada (Age 66)
    President & Director
  • Ms. Erifili Tsironi (Age 49)
    Chief Financial Officer
  • Mr. Efstratios Desypris (Age 51)
    Chief Operating Officer
  • Mr. Georgios Akhniotis (Age 59)
    Executive VP of Business Development & Director
  • Mr. Vincent Vandewalle (Age 51)
    Chief Trading Officer
  • Ms. Anna Kalathakis (Age 54)
    Executive Vice President of Risk Management
  • Mr. Joergen Rosleff (Age 52)
    Chief Commercial Officer
  • Ms. Vasiliki Papaefthymiou (Age 55)
    Secretary

NMM Stock Analysis - Frequently Asked Questions

How have NMM shares performed in 2024?

Navios Maritime Partners' stock was trading at $27.96 at the start of the year. Since then, NMM shares have increased by 52.0% and is now trading at $42.50.
View the best growth stocks for 2024 here
.

Are investors shorting Navios Maritime Partners?

Navios Maritime Partners saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 188,800 shares, a decrease of 24.8% from the March 31st total of 251,200 shares. Based on an average daily volume of 165,200 shares, the short-interest ratio is presently 1.1 days. Currently, 1.1% of the shares of the company are short sold.
View Navios Maritime Partners' Short Interest
.

When is Navios Maritime Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our NMM earnings forecast
.

How were Navios Maritime Partners' earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) released its quarterly earnings results on Tuesday, February, 13th. The shipping company reported $4.32 earnings per share for the quarter, beating the consensus estimate of $2.58 by $1.74. The shipping company had revenue of $327.50 million for the quarter, compared to analyst estimates of $322 million. Navios Maritime Partners had a trailing twelve-month return on equity of 14.74% and a net margin of 33.18%. The business's revenue for the quarter was down 11.7% on a year-over-year basis. During the same period in the prior year, the business earned $3.66 EPS.

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 Monday, April 29th. Shareholders of record on Friday, May 10th will be given a dividend of $0.05 per share on Tuesday, May 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend is Thursday, May 9th.
Read our dividend analysis for NMM
.

Is Navios Maritime Partners a good dividend stock?

Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.45%. The dividend payout ratio is 1.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 1.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMM.

When did Navios Maritime Partners' stock split?

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 stock prior to the reverse split would have 7 shares after the split.

What other stocks do shareholders of Navios Maritime Partners own?
Who are Navios Maritime Partners' major shareholders?

Navios Maritime Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Commonwealth Equity Services LLC (0.43%), Simplex Trading LLC (0.00%), Westhampton Capital LLC (0.02%), BNP Paribas Financial Markets (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Navios Maritime Partners?

Shares of NMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NMM) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners