Navigator (NVGS) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Navigator in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NVGS shares.
View NVGS analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1-year target prices for Navigator's stock. Their NVGS share price forecasts range from $18.00 to $18.00. On average, they predict the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for NVGS or view top-rated stocks among Wall Street analysts.

Navigator's stock was trading at $11.96 at the beginning of 2023. Since then, NVGS shares have increased by 17.1% and is now trading at $14.00.
View the best growth stocks for 2023 here.

Navigator saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 403,900 shares, a drop of 13.4% from the August 31st total of 466,500 shares. Based on an average trading volume of 117,900 shares, the days-to-cover ratio is presently 3.4 days. Currently, 1.3% of the shares of the company are sold short.
View Navigator's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our NVGS earnings forecast.

Navigator Holdings Ltd. (NYSE:NVGS) released its quarterly earnings data on Thursday, August, 17th. The shipping company reported $0.25 EPS for the quarter, hitting analysts' consensus estimates of $0.25. The shipping company earned $135.34 million during the quarter, compared to analysts' expectations of $113.83 million. Navigator had a trailing twelve-month return on equity of 4.62% and a net margin of 11.53%. During the same quarter in the prior year, the firm posted $0.18 earnings per share.

Navigator announced a -- dividend on Tuesday, August 15th. Shareholders of record on Friday, September 8th will be given a dividend of $0.05 per share on Friday, September 22nd. This represents a yield of 1.5%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for NVGS.

ETFs with the largest weight of Navigator (NYSE:NVGS) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ).SonicShares Global Shipping ETF (BOAT).

Navigator (NYSE:NVGS) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.35%. The dividend payout ratio is 25.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVGS will have a dividend payout ratio of 14.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NVGS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Navigator investors own include Energy Transfer (ET), Teekay LNG Partners (TGP), GasLog (GLOG), Enbridge (ENB), Gilead Sciences (GILD), GasLog Partners (GLOP), New Residential Investment (NRZ), Enterprise Products Partners (EPD) and Fanuc (FANUY).

Navigator trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVGS."

Shares of NVGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NVGS stock can currently be purchased for approximately $14.00.

Navigator (NYSE:NVGS) has a market capitalization of $1.05 billion and generates $501.44 million in revenue each year. The shipping company earns $53.47 million in net income (profit) each year or $0.77 on an earnings per share basis.

The company employs 155 workers across the globe.

Navigator's mailing address is 10 BRESSENDEN PLACE, LONDON X0, SW1E 5DH. The official website for the company is www.navigatorgas.com. The shipping company can be reached via phone at 442073404850, via email at mail@navigatorgas.com, or via fax at 44-20-7340-4858.