Navios Maritime Partners L.P. (NMM)

Market Cap	1.30B
Revenue (ttm)	1.33B
Net Income (ttm)	404.98M
Shares Out	30.43M
EPS (ttm)	13.27
PE Ratio	3.21
Forward PE	3.21
Dividend	$0.20 (0.47%)
Ex-Dividend Date	Nov 12, 2024

Volume	97,488
Open	42.63
Previous Close	42.78
Day's Range	42.56 - 43.97
52-Week Range	27.47 - 65.89
Beta	1.96
Analysts	Strong Buy
Price Target	80.00 (+87.97%)
Earnings Date	Feb 11, 2025

About 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. Navios Maritime Partners L.P. was founded in 2007 and is based in Monaco.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Nov 13, 2007
• Employees: 186
• Stock Exchange: NYSE
• Ticker Symbol: NMM
• Website: https://www.navios-mlp.com

Financial Performance

In 2023, NMM's revenue was $1.31 billion, an increase of 7.96% compared to the previous year's $1.21 billion. Earnings were $433.65 million, a decrease of -25.14%.

Analyst Forecast

According to one analyst, the rating for NMM stock is "Strong Buy" and the 12-month stock price forecast is $80.0.

Price Target

$80.0

(87.97% upside)

Analyst Consensus: Strong Buy