Navios Maritime Partners L.P. (NMM)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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

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...

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.

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.

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...

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

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...

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.

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...

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...

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...

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

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...

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...

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).

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.

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.

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.

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...

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.

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...

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.