How have NMM shares performed in 2024?

Navios Maritime Partners' stock was trading at $27.96 at the beginning of the year. Since then, NMM shares have increased by 1.5% and is now trading at $28.37. View the best growth stocks for 2024 here .

When is Navios Maritime Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our NMM earnings forecast .

How can I listen to Navios Maritime Partners' earnings call?

Navios Maritime Partners will be holding an earnings conference call on Tuesday, February 13th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-6062.

How were Navios Maritime Partners' earnings last quarter?

Navios Maritime Partners L.P. (NYSE:NMM) announced its quarterly earnings results on Wednesday, August, 23rd. The shipping company reported $3.32 EPS for the quarter, beating the consensus estimate of $2.88 by $0.44. The shipping company had revenue of $346.94 million for the quarter. Navios Maritime Partners had a trailing twelve-month return on equity of 14.56% and a net margin of 31.06%. During the same quarter in the prior year, the company posted $3.83 earnings per share.

How often does Navios Maritime Partners pay dividends? What is the dividend yield for Navios Maritime Partners?

Navios Maritime Partners announced a quarterly dividend on Friday, February 2nd. Investors of record on Monday, February 12th will be given a dividend of $0.05 per share on Wednesday, February 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, February 9th. Read our dividend analysis for NMM .

Is Navios Maritime Partners a good dividend stock?

Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.70%. The dividend payout ratio is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 1.51% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NMM .

When did Navios Maritime Partners' stock split?

Navios Maritime Partners's stock reverse split before market open on Tuesday, May 21st 2019. The 1-15 reverse split was announced on Thursday, April 25th 2019. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 20th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What other stocks do shareholders of Navios Maritime Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Navios Maritime Partners investors own include Esperion Therapeutics (ESPR) , Check-Cap (CHEK) , New Residential Investment (NRZ) , ALDW (ALDW) , Energy Transfer (ET) , Targa Resources (TRGP) , Enterprise Products Partners (EPD) , Prospect Capital (PSEC) , Navios Maritime (NM) and Navios Maritime Acquisition (NNA) .

Who are Navios Maritime Partners' major shareholders?

Navios Maritime Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%), International Assets Investment Management LLC (0.09%), International Assets Investment Management LLC (0.09%), Jump Financial LLC (0.07%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Navios Maritime Partners?

Shares of NMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:NMM

Navios Maritime Partners (NMM) Stock Price, News & Analysis

$28.37

-0.13 (-0.46%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $28.05
▼
$28.55
50-Day Range: $25.27
▼
$29.61
52-Week Range: $19.23
▼
$29.74

Volume: 108,800 shs
Average Volume: 94,154 shs
Market Capitalization: $856.21 million

P/E Ratio: 2.08
Dividend Yield: 0.70%
Price Target: N/A

Get Navios Maritime Partners alerts:

Navios Maritime Partners MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.04% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.20
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.53%
From $10.71 to $13.23 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Transportation Sector

54th out of 114 stocks

Deep Sea Foreign Transportation Of Freight Industry

7th out of 26 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Navios Maritime Partners.

4.0

Short Interest

Percentage of Shares Shorted
1.04% of the float of Navios Maritime Partners has been sold short.
Short Interest Ratio / Days to Cover
Navios Maritime Partners has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Navios Maritime Partners has recently decreased by 2.86%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Navios Maritime Partners has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Navios Maritime Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Navios Maritime Partners is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Navios Maritime Partners will have a dividend payout ratio of 1.51% next year. This indicates that Navios Maritime Partners will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NMM.

2.3

News and Social Media Coverage

News Sentiment
Navios Maritime Partners has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Navios Maritime Partners this week, compared to 0 articles on an average week.
Search Interest
Only 4 people have searched for NMM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
4 people have added Navios Maritime Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Navios Maritime Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 21.43% of the stock of Navios Maritime Partners is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Navios Maritime Partners are expected to grow by 23.53% in the coming year, from $10.71 to $13.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Navios Maritime Partners is 2.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of Navios Maritime Partners is 2.08, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.02.
Price to Book Value per Share Ratio
Navios Maritime Partners has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Navios Maritime Partners Stock (NYSE:NMM)

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.

NMM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NMM Stock News Headlines

January 16, 2024 | marketbeat.com

ZIM Shipping stock proves unsinkable despite Red Sea disruptions (NMM)

The Houthi attacks on cargo ships in the Red Sea have caused widespread disruptions and economic ramifications for the transportation sector with cargo

February 8, 2024 | markets.businessinsider.com

Series G and Series H American Depositary Shares of Navios Maritime Holdings Inc. Delisted from New York Stock Exchange

February 12, 2024 | The Oxford Club (Ad)

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February 8, 2024 | finance.yahoo.com

Navios Maritime Partners L.P. Announces the Date for the Release of Fourth Quarter Ended December 31, 2023 Results, Conference Call and Webcast

February 2, 2024 | finance.yahoo.com

Navios Maritime Partners L.P. Announces Cash Distribution of $0.05 per Unit

January 30, 2024 | morningstar.com

Navios Maritime Partners LP

November 28, 2023 | finance.yahoo.com

MRMP Files new 13D; Sends a new letter to Navios Maritime Partners L.P.

November 24, 2023 | seekingalpha.com

Navios Maritime Partners: Wait Until Measures Yield Results

February 12, 2024 | The Oxford Club (Ad)

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November 10, 2023 | insidermonkey.com

Navios Maritime Partners L.P. (NYSE:NMM) Q3 2023 Earnings Call Transcript

November 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Cedar Fair (FUN) and Navios Maritime Partners (NMM)

November 2, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

November 1, 2023 | benzinga.com

Earnings Preview For Navios Maritime Partners

November 1, 2023 | benzinga.com

Friday Is Your Last Chance To Buy Navios Maritime Partners Before The Dividend Payout

October 30, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Announces the Date for the Release of Third Quarter Ended September 30, 2023 Results, Conference Call and Webcast

October 24, 2023 | finance.yahoo.com

Investors in Navios Maritime Holdings (NYSE:NM) from five years ago are still down 59%, even after 17% gain this past week

October 18, 2023 | finance.yahoo.com

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Navios Maritime Partners LP (NMM)

August 25, 2023 | markets.businessinsider.com

Navios Maritime Partners (NMM) Receives a Hold from Citi

August 24, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. (NYSE:NMM) Q2 2023 Earnings Call Transcript

August 23, 2023 | markets.businessinsider.com

Navios Partners Q2 Net Income Declines; Time Charter And Voyage Revenues Up 23.6%

August 23, 2023 | markets.businessinsider.com

Navios Maritime Partners' Shares Gain On Q2 Results, Acknowledges Challenging Macro Environment

August 23, 2023 | seekingalpha.com

Navios Maritime Partners L.P. 2023 Q2 - Results - Earnings Call Presentation

August 23, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023

August 18, 2023 | finance.yahoo.com

Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter Ended June 30, 2023 Results, Conference Call and Webcast

August 3, 2023 | benzinga.com

Navios Maritime Partners's Ex-Dividend Date Is Monday, Here's What You Need To Know

May 24, 2023 | finance.yahoo.com

Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2023

May 23, 2023 | msn.com

Navios Maritime Partners Q1: Earnings Miss, 31% Revenue Growth, Modernizing Fleet & More

See More Headlines

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Company Calendar

Last Earnings: 8/23/2023
Ex-Dividend for 2/14 Dividend: 2/09/2024
Today: 2/12/2024
Next Earnings (Confirmed): 2/13/2024
Dividend Payable: 2/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Transportation
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Current Symbol: NYSE:NMM
CUSIP: N/A
CIK: 1415921
Web: www.navios-mlp.com
Phone: (779) 798-2140
Fax: 377-9798-2141
Employees: 2,020
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $13.62
Trailing P/E Ratio: 2.08
Forward P/E Ratio: 2.65
P/E Growth: N/A
Net Income: $579.25 million
Net Margins: 31.06%
Pretax Margin: 31.06%
Return on Equity: 14.56%
Return on Assets: 7.35%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $1.21 billion
Price / Sales: 0.71
Cash Flow: $22.16 per share
Price / Cash Flow: 1.28
Book Value: $77.62 per share
Price / Book: 0.37

Miscellaneous

Outstanding Shares: 30,180,000
Free Float: N/A
Market Cap: $856.21 million
Optionable: Optionable
Beta: 1.92

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Key Executives

Ms. Angeliki N. Frangou (Age 59)
Chairwoman & CEO
Comp: $150k
Mr. Shunji Sasada (Age 66)
President & Director
Ms. Erifili Tsironi (Age 49)
Chief Financial Officer
Mr. Efstratios Desypris (Age 51)
Chief Operating Officer
Mr. Georgios Akhniotis (Age 59)
Executive VP of Business Development & Director
Vincent Vandewalle
Chief Trading Officer
Ms. Anna Kalathakis (Age 54)
Executive Vice President of Risk Management
Joergen Rosleff
Chief Commercial Officer
Ms. Vasiliki Papaefthymiou (Age 55)
Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NMM Stock Analysis - Frequently Asked Questions

How have NMM shares performed in 2024?: Navios Maritime Partners' stock was trading at $27.96 at the beginning of the year. Since then, NMM shares have increased by 1.5% and is now trading at $28.37.
View the best growth stocks for 2024 here.
When is Navios Maritime Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our NMM earnings forecast.
How can I listen to Navios Maritime Partners' earnings call?: Navios Maritime Partners will be holding an earnings conference call on Tuesday, February 13th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-6062.
How were Navios Maritime Partners' earnings last quarter?: Navios Maritime Partners L.P. (NYSE:NMM) announced its quarterly earnings results on Wednesday, August, 23rd. The shipping company reported $3.32 EPS for the quarter, beating the consensus estimate of $2.88 by $0.44. The shipping company had revenue of $346.94 million for the quarter. Navios Maritime Partners had a trailing twelve-month return on equity of 14.56% and a net margin of 31.06%. During the same quarter in the prior year, the company posted $3.83 earnings per share.
How often does Navios Maritime Partners pay dividends? What is the dividend yield for Navios Maritime Partners?: Navios Maritime Partners announced a quarterly dividend on Friday, February 2nd. Investors of record on Monday, February 12th will be given a dividend of $0.05 per share on Wednesday, February 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for NMM.
Is Navios Maritime Partners a good dividend stock?: Navios Maritime Partners (NYSE:NMM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.70%. The dividend payout ratio is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NMM will have a dividend payout ratio of 1.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NMM.

When did Navios Maritime Partners' stock split?: Navios Maritime Partners's stock reverse split before market open on Tuesday, May 21st 2019. The 1-15 reverse split was announced on Thursday, April 25th 2019. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 20th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.
What other stocks do shareholders of Navios Maritime Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Navios Maritime Partners investors own include Esperion Therapeutics (ESPR), Check-Cap (CHEK), New Residential Investment (NRZ), ALDW (ALDW), Energy Transfer (ET), Targa Resources (TRGP), Enterprise Products Partners (EPD), Prospect Capital (PSEC), Navios Maritime (NM) and Navios Maritime Acquisition (NNA).
Who are Navios Maritime Partners' major shareholders?: Navios Maritime Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%), International Assets Investment Management LLC (0.09%), International Assets Investment Management LLC (0.09%), Jump Financial LLC (0.07%) and Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of Navios Maritime Partners?: Shares of NMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NMM) was last updated on 2/12/2024 by MarketBeat.com Staff

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