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
SymbolNYSE:NNA
CUSIPN/A
Phone377-9798-2140
Debt
Debt-to-Equity Ratio2.32
Current Ratio1.74
Quick Ratio1.74
Price-To-Earnings
Trailing P/E Ratio-4.67
Forward P/E Ratio-1.51
P/E GrowthN/A
Sales & Book Value
Annual Sales$227.29 million
Price / Sales0.37
Cash Flow$0.2718 per share
Price / Cash2.06
Book Value$3.08 per share
Price / Book0.18
Profitability
EPS (Most Recent Fiscal Year)($0.12)
Net Income$-78,890,000.00
Net Margins-52.11%
Return on Equity-9.11%
Return on Assets-2.71%
Miscellaneous
EmployeesN/A
Outstanding Shares150,330,000
Market Cap$93.66
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 declared a quarterly dividend on Thursday, May 10th. Stockholders 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 14.29%. The ex-dividend date is Wednesday, June 20th. View Navios Maritime Acquisition's Dividend History.
How will Navios Maritime Acquisition's stock buyback program work?
Navios Maritime Acquisition announced that its Board of Directors has authorized a share buyback program on Thursday, February 8th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.
How were Navios Maritime Acquisition's earnings last quarter?
Navios Maritime Acquisition Co. (NYSE:NNA) announced its earnings results on Thursday, May, 10th. The shipping company reported ($0.11) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.12) by $0.01. The shipping company earned $40.32 million during the quarter, compared to the consensus estimate 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.
When is Navios Maritime Acquisition's next earnings date?
What price target have analysts set for NNA?
3 brokerages have issued 12-month price objectives for Navios Maritime Acquisition's stock. 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 190.2% from the stock's current price. View Analyst Ratings for Navios Maritime Acquisition.
What is the consensus analysts' recommendation 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."
Are investors shorting Navios Maritime Acquisition?
Navios Maritime Acquisition saw a decline in short interest during 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 currently 1.0 days. Approximately 2.2% of the shares of the stock are short sold. 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 Safe Bulkers (SB), Navios Maritime Partners (NMM), 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) and Pyxis Tankers (PXS).
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)
- Mr. Adrian Wooldridge, Chief Commercial Officer
- Ms. Vasiliki Papaefthymiou, Sec. (Age 49)
Has Navios Maritime Acquisition been receiving favorable news coverage?
News articles about NNA stock have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. 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 media sentiment score of 0.10 on Accern's scale. They also gave news coverage about the shipping company an impact score of 45.96 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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 $0.56.
How big of a company is Navios Maritime Acquisition?
Navios Maritime Acquisition has a market capitalization of $93.66 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.
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.
