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 Ratio2.41
Current Ratio1.05
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio-4.64
Forward P/E Ratio-1.51
P/E GrowthN/A
Sales & Book Value
Annual Sales$227.29 million
Price / Sales0.37
Cash Flow$0.2963 per share
Price / Cash1.89
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-34.66%
Return on Equity-13.45%
Return on Assets-3.89%
Miscellaneous
EmployeesN/A
Outstanding Shares150,330,000
Market Cap$85.69 million
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 Thursday, August 23rd. Shareholders of record on Thursday, September 20th will be given a dividend of $0.02 per share on Thursday, September 27th. This represents a $0.08 dividend on an annualized basis and a yield of 14.29%. The ex-dividend date is Wednesday, September 19th. View Navios Maritime Acquisition's Dividend History.
How will Navios Maritime Acquisition's stock buyback program work?
Navios Maritime Acquisition declared that its board has approved a stock buyback plan on Thursday, February 8th 2018, which permits the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.
How were Navios Maritime Acquisition's earnings last quarter?
Navios Maritime Acquisition Co. (NYSE:NNA) issued its earnings results on Wednesday, August, 22nd. The shipping company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.02. The shipping company earned $35.12 million during the quarter, compared to the consensus estimate of $39.59 million. Navios Maritime Acquisition had a negative net margin of 34.66% and a negative return on equity of 13.45%. View Navios Maritime Acquisition's Earnings History.
When is Navios Maritime Acquisition's next earnings date?
What price target have analysts set for NNA?
2 analysts have issued 1-year price targets for Navios Maritime Acquisition's stock. Their predictions range from $2.00 to $2.00. On average, they anticipate Navios Maritime Acquisition's share price to reach $2.00 in the next year. This suggests a possible upside of 257.1% from the stock's current price. View Analyst Price Targets for Navios Maritime Acquisition.
What is the consensus analysts' recommendation for Navios Maritime Acquisition?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navios Maritime Acquisition in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navios Maritime Acquisition.
Who are some of Navios Maritime Acquisition's key competitors?
Some companies that are related to Navios Maritime Acquisition include TSAKOS ENERGY N/SH (TNP), Navios Maritime Partners (NMM), Safe Bulkers (SB), Overseas Shipholding Group (OSG), Ardmore Shipping (ASC), Danaos (DAC), Pangaea Logistics Solutions (PANL), StealthGas (GASS), Navios Maritime (NM), Navios Maritime Midstream Partners (NAP), Nordic American Offshore (NAO), Global Ship Lease (GSL), 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)
- Mr. Adrian Wooldridge, Chief Commercial Officer
- Ms. Vasiliki Papaefthymiou, Sec. (Age 49)
Who are Navios Maritime Acquisition's major shareholders?
Navios Maritime Acquisition's stock is owned by a number of of retail and institutional investors. Top institutional investors include Millennium Management LLC (0.93%), Paloma Partners Management Co (0.27%), LMR Partners LLP (0.15%) and California Public Employees Retirement System (0.14%). View Institutional Ownership Trends for Navios Maritime Acquisition.
Which major investors are selling Navios Maritime Acquisition stock?
Which major investors are buying Navios Maritime Acquisition stock?
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 $85.69 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.
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.
