Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company owns a fleet of crude oil, refined petroleum product, and chemical tankers. It charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters. As of April 2, 2018, the compnay's fleet consisted of a total of 35 double-hulled tanker vessels aggregating approximately 3.6 million deadweight tons, which included 7 very large crude carrier tankers, 8 Long Range 1 product tankers, 18 Medium Range 2 product tankers, and 2 chemical tankers. Navios Maritime Acquisition Corporation was founded in 2008 and is based in Monaco.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:NNA
Previous Symbol
CUSIPN/A
Phone377-9798-2140
Debt
Debt-to-Equity Ratio2.48
Current Ratio0.66
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio-3.53
Forward P/E Ratio-0.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$227.29 million
Price / Sales0.27
Cash Flow$4.2635 per share
Price / Cash Flow1.48
Book Value$46.12 per share
Price / Book0.14
Profitability
EPS (Most Recent Fiscal Year)($1.80)
Net Income$-78,890,000.00
Net Margins-45.63%
Return on Equity-17.33%
Return on Assets-4.95%
Miscellaneous
EmployeesN/A
Outstanding Shares9,610,000
Market Cap$64.40 million
OptionableNot Optionable
Navios Maritime Acquisition (NYSE:NNA) Frequently Asked Questions
What is Navios Maritime Acquisition's stock symbol?
Navios Maritime Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "NNA."
How often does Navios Maritime Acquisition pay dividends? What is the dividend yield for Navios Maritime Acquisition?
Navios Maritime Acquisition announced a quarterly dividend on Wednesday, November 7th. Stockholders of record on Tuesday, November 27th will be paid a dividend of $0.02 per share on Wednesday, December 5th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Monday, November 26th. View Navios Maritime Acquisition's Dividend History.
When did Navios Maritime Acquisition's stock split? How did Navios Maritime Acquisition's stock split work?
Shares of Navios Maritime Acquisition reverse split before market open on Wednesday, November 14th 2018. The 1-15 reverse split was announced on Friday, November 9th 2018. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, November 13th 2018. An investor that had 100 shares of Navios Maritime Acquisition stock prior to the reverse split would have 7 shares after the split.
How will Navios Maritime Acquisition's stock buyback program work?
Navios Maritime Acquisition announced that its Board of Directors has authorized a share buyback plan on Thursday, February 8th 2018, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
How were Navios Maritime Acquisition's earnings last quarter?
Navios Maritime Acquisition Co. (NYSE:NNA) posted its quarterly earnings data on Tuesday, November, 6th. The shipping company reported ($2.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.10) by $0.15. The shipping company earned $32.03 million during the quarter, compared to analyst estimates of $37.81 million. Navios Maritime Acquisition had a negative return on equity of 17.33% and a negative net margin of 45.63%. View Navios Maritime Acquisition's Earnings History.
When is Navios Maritime Acquisition's next earnings date?
What is the consensus analysts' recommendation for Navios Maritime Acquisition?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Acquisition in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Navios Maritime Acquisition.
Has Navios Maritime Acquisition been receiving favorable news coverage?
Media coverage about NNA stock has trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Navios Maritime Acquisition earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.
Are investors shorting Navios Maritime Acquisition?
Navios Maritime Acquisition saw a drop in short interest in November. As of November 15th, there was short interest totalling 237,868 shares, a drop of 70.8% from the October 31st total of 815,781 shares. Based on an average daily volume of 57,864 shares, the days-to-cover ratio is presently 4.1 days. Approximately 6.0% of the shares of the company are sold short. View Navios Maritime Acquisition's Current Options Chain.
Who are some of Navios Maritime Acquisition's key competitors?
Some companies that are related to Navios Maritime Acquisition include Ardmore Shipping (ASC), Navios Maritime Partners (NMM), Safe Bulkers (SB), Overseas Shipholding Group (OSG), Pangaea Logistics Solutions (PANL), StealthGas (GASS), Danaos (DAC), Navios Maritime Midstream Partners (NAP), Navios Maritime (NM), Global Ship Lease (GSL), Pyxis Tankers (PXS), Nordic American Offshore (NAO), Grupo TMM SAB (GTMAY), Seanergy Maritime (SHIP) and TOP SHIPS (TOPS).
Who are Navios Maritime Acquisition's key executives?
Navios Maritime Acquisition's management team includes the folowing people:
- Ms. Angeliki N. Frangou, Chairman, CEO, Chairman & CEO of Navios Maritime Holdings Inc (Age 53)
- Mr. Leonidas Korres, Chief Financial Officer (Age 42)
- Ms. Anna Kalathakis, Sr. VP of Legal Risk Management & Director (Age 48)
- Laura Yagerman, VP of Corp. Communications
- Mr. Adrian Wooldridge, Chief Commercial Officer
How do I buy shares of Navios Maritime Acquisition?
Shares of NNA 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, Scottrade, Fidelity and Charles Schwab.
What is Navios Maritime Acquisition's stock price today?
One share of NNA stock can currently be purchased for approximately $6.31.
How big of a company is Navios Maritime Acquisition?
Navios Maritime Acquisition has a market capitalization of $64.40 million and generates $227.29 million in revenue each year. The shipping company earns $-78,890,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis.
What is Navios Maritime Acquisition's official website?
How can I contact Navios Maritime Acquisition?
Navios Maritime Acquisition's mailing address is 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO O9, 98000. The shipping company can be reached via phone at 377-9798-2140 or via email at [email protected]
MarketBeat Community Rating for Navios Maritime Acquisition (NYSE NNA)
MarketBeat's community ratings are surveys of what our community members think about Navios Maritime Acquisition and other stocks. Vote "Outperform" if you believe NNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
