Navios Maritime Partners L.P. (NMM)

NYSE: NMM · IEX Real-Time Price · USD
23.72
-0.07 (-0.29%)
Mar 28, 2023, 4:00 PM EDT - Market closed
-0.29%
Market Cap 715.97M
Revenue (ttm) 1.21B
Net Income (ttm) 567.66M
Shares Out 30.18M
EPS (ttm) 18.82
PE Ratio 1.30
Forward PE n/a
Dividend $0.20 (0.84%)
Ex-Dividend Date Feb 9, 2023
Volume 82,298
Open 23.63
Previous Close 23.79
Day's Range 23.48 - 23.95
52-Week Range 19.71 - 36.35
Beta 2.06
Analysts Buy
Price Target 41.57 (+75.25%)
Earnings Date May 9, 2023

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 provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. Olympos Maritime Ltd. serve... [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Nov 13, 2007
Employees 186
Stock Exchange NYSE
Ticker Symbol NMM
Full Company Profile

Financial Performance

In 2022, NMM's revenue was $1.21 billion, an increase of 69.74% compared to the previous year's $713.18 million. Earnings were $567.66 million, an increase of 12.22%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NMM stock is "Buy." The 12-month stock price forecast is $41.57, which is an increase of 75.25% from the latest price.

Price Target
$41.57
(75.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Navios Maritime Partners L.P. Announces Availability of Its Form 20-F for the Year Ended December 31, 2022

MONACO, March 24, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced that its Annual Report on Form 20-F for the year ended December 31, 2022 has been file...

4 days ago - GlobeNewsWire

Navios Maritime Partners L.P. Announces Changes to the Board of Directors

MONACO, March 24, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners” or the “Company”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, announce...

4 days ago - GlobeNewsWire

Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2022

MONACO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today reported its financi...

1 month ago - GlobeNewsWire

Navios Maritime Partners L.P. Announces the Date for the Release of Fourth Quarter and Year Ended December 31, 2022 Results, Conference Call and Webcast

Conference Call & Webcast: Tuesday, February 21, 2023 at 8:30 am ET Conference Call & Webcast: Tuesday, February 21, 2023 at 8:30 am ET

1 month ago - GlobeNewsWire

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

MONACO, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), announced today that its Board of Directors has declared a cash distribution of $0.05 per unit f...

2 months ago - GlobeNewsWire

5 Value Stocks With Exciting EV-to-EBITDA Ratios to Own Now

We have screened value stocks NMM, HPE, AEG, COWN and SNY based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Other symbols: AEGHPESNY
2 months ago - Zacks Investment Research

Best Value Stocks to Buy for January 12th

NMM, CNM and PRMW made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 12, 2023.

Other symbols: CNMPRMW
2 months ago - Zacks Investment Research

Navios Maritime Partners L.P. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2022

MONACO, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today reported its financi...

4 months ago - GlobeNewsWire

Navios Maritime Partners L.P. Announces the Date for the Release of Third Quarter and Nine Months Ended September 30, 2022 Results, Conference Call and Webcast

Conference Call & Webcast: Thursday, November 10, 2022 at 8:30 am ET Conference Call & Webcast: Thursday, November 10, 2022 at 8:30 am ET

5 months ago - GlobeNewsWire

Is Navios Maritime Partners (NMM) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

5 months ago - Zacks Investment Research

Has Navios Maritime Partners (NMM) Outpaced Other Transportation Stocks This Year?

Here is how Navios Maritime Partners LP (NMM) and Scorpio Tankers (STNG) have performed compared to their sector so far this year.

8 months ago - Zacks Investment Research

Is Navios Maritime Partners (NMM) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

8 months ago - Zacks Investment Research

Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022

MONACO, July 28, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today reported its financi...

8 months ago - GlobeNewsWire

Navios Maritime Partners L.P. Announces Acquisition of a 36-Vessel Drybulk Fleet

MONACO, July 27, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, agreed to acquire a 36-ves...

8 months ago - GlobeNewsWire

Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter and Six Months Ended June 30, 2022 Results, Conference Call and Webcast

Conference Call & Webcast: Thursday, July 28, 2022 at 8:30 am ET Conference Call & Webcast: Thursday, July 28, 2022 at 8:30 am ET

8 months ago - GlobeNewsWire

Should Value Investors Buy Navios Maritime Partners (NMM) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

9 months ago - Zacks Investment Research

Here's Why Navios Maritime Partners LP (NMM) is Poised for a Turnaround After Losing 19.6% in 4 Weeks

The heavy selling pressure might have exhausted for Navios Maritime Partners LP (NMM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall...

9 months ago - Zacks Investment Research

Navios Maritime Partners LP (NMM) Upgraded to Buy: What Does It Mean for the Stock?

Navios Maritime Partners LP (NMM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

9 months ago - Zacks Investment Research

Best Value Stocks to Buy for June 24th

NMM, WFG, and EGLE made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 24, 2022.

Other symbols: EGLEWFG
9 months ago - Zacks Investment Research

3 Low P/E Shipping Stocks Outperforming the S&P 500 in 2022

One industry that has easily outpaced the S&P 500 year-to-date is the Zacks Transportation - Shipping Industry.

Other symbols: CPLPPANL
9 months ago - Zacks Investment Research

Best Value Stocks to Buy for June 22nd

NMM, CPLP, and CUBI made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 22, 2022.

Other symbols: CPLPCUBI
9 months ago - Zacks Investment Research

Navios Maritime Partners L.P. Announces Acquisition of Two Newbuilding LNG Dual Fuel 7,700 TEU Containerships and Entry into Charter Agreements

MONACO, June 22, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, announced today that it ag...

9 months ago - GlobeNewsWire

3 Shipping Stocks to Buy Now

The shipping industry is critical to the world's economy. Here are three shipping stocks to buy now that all have important positive traits.

Other symbols: DACGRIN
9 months ago - InvestorPlace

Navios Maritime Partners LP (NMM) Loses 21% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Navios Maritime Partners LP (NMM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising e...

10 months ago - Zacks Investment Research

Best Value Stocks to Buy for June 14th

NMM, LPX, and SIG made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 14, 2022.

Other symbols: LPXSIG
10 months ago - Zacks Investment Research