NYSE:NNA - Navios Maritime Acquisition Stock Price, Price Target & More

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

Navios Maritime Acquisition declared a quarterly dividend on Thursday, May 10th. Shareholders of record on Thursday, June 21st will be paid a dividend of $0.02 per share on Wednesday, June 27th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 14.04%. The ex-dividend date of this dividend is Wednesday, June 20th. View Navios Maritime Acquisition's Dividend History.

Navios Maritime Acquisition announced that its board has initiated a share repurchase program on Thursday, February 8th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Navios Maritime Acquisition Co. (NYSE:NNA) released its earnings results on Thursday, May, 10th. The shipping company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The shipping company earned $40.32 million during the quarter, compared to analysts' expectations of $38.68 million. Navios Maritime Acquisition had a negative return on equity of 9.11% and a negative net margin of 52.11%. View Navios Maritime Acquisition's Earnings History.

Navios Maritime Acquisition is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Navios Maritime Acquisition.

3 brokers have issued 1-year price objectives for Navios Maritime Acquisition's shares. Their forecasts range from $1.25 to $2.00. On average, they expect Navios Maritime Acquisition's stock price to reach $1.6250 in the next year. This suggests a possible upside of 185.1% from the stock's current price. View Analyst Ratings for Navios Maritime Acquisition.

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

Navios Maritime Acquisition saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 1,357,524 shares, a decline of 59.3% from the June 15th total of 3,334,019 shares. Based on an average trading volume of 1,349,372 shares, the short-interest ratio is presently 1.0 days. Approximately 2.2% of the shares of the stock are short sold. View Navios Maritime Acquisition's Current Options Chain.

Some companies that are related to Navios Maritime Acquisition include TSAKOS ENERGY N/SH (TNP), Overseas Shipholding Group (OSG), Ardmore Shipping (ASC), Danaos (DAC), StealthGas (GASS), Pangaea Logistics Solutions (PANL), Navios Maritime (NM), Navios Maritime Midstream Partners (NAP), Nordic American Offshore (NAO), Global Ship Lease (GSL), SEANERGY MARITIME Common Stock (SHIP), Grupo TMM SAB (GTMAY), Pyxis Tankers (PXS), Euroseas (ESEA) and TOP SHIPS (TOPS).

Media stories about NNA stock have been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Navios Maritime Acquisition earned a news impact score of 0.24 on Accern's scale. They also assigned media headlines about the shipping company an impact score of 47.11 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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.

One share of NNA stock can currently be purchased for approximately $0.57.

Navios Maritime Acquisition has a market capitalization of $84.88 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 ($0.12) on an earnings per share basis.

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]